London has become the official property investment capital of the world. The ranking comes as a result of a survey carried out by the Association of Foreign Investors in Real Estate that asked expert global investors from 21 countries to rank cities based on variables such as investment stability and their level of returns.
With Christmas only just around the corner (how fast has it come this year?!) and the longest day not too far off either we really are falling into winters cold grasp. It’s during these dreary days that your house may sometimes not look at its best, which can be frustrating and even financially damaging when you are trying to sell it. But how can you turn the characteristically dark and slightly depressing days to your advantage when it comes to selling your home? Here are our top tips for selling your house in winter.
- Uniquely, we do not regionalise offices. Crucially, a mews buyer is not always a local buyer. Our negotiators have the freedom to show properties all over London and often a mews buyer’s main search criteria is the style of the property/or the mews itself as opposed to its postcode!
- We pride ourselves on our excellent communication skills
- We pride ourselves on managing expectations fairly
- We pride ourselves on qualifying our buyers (and tenants!) comprehensively
- We pride ourselves on having buyers as passionate about mews as we are!
K.I.S.S. – Keep It Simple Sweetheart
Sales and Lettings are often considered to be very different but the key similarity is how do we help our Clients to maximise the returns on their properties. The key is to consider the market you are aiming to attract, our advice is easy to remember: KISS – Keep It Simple Sweetheart. Fashions may come and go but when it comes to investing your money wisely you must remember that Location, Price and Potential are timeless.
The single most important thing you need to decide when selling or letting your property is which estate agent to instruct? The choice is wide and varied and despite popular pre-conceptions, fuelled mostly by the wider media, not all agents are the same. Unfortunately estate agents regularly feature in polls of the ‘top 10 most hated professions in the UK’ alongside bankers, politicians and bailiffs to name a few.
As recently appointed Public Relations Manager for Lurot Brand, I will be bringing you a regular insight into our business – some of it will be anecdotal and some of it will be updates on the Residential Sales and Lettings market in central London. Estate agency is exciting and with over 40 years of experience we are best placed to give you updates on what is hot and what is not in the property world.
The nationwide buy to let mortgage industry has managed to avoid the regulatory hand of the European Union, to the surprise of many.
The latest European mortgage directive, the Credit Agreements Related to Residential Property Directive (CARRP) (full report), has been passed by the European Parliament and is now the framework for mortgage market management continent wide. However, UK nationwide buy to let mortgages remain untouched thanks to intensive lobbying by landlord organisations and politicians alike.
The importance of first impressions, something we are all too aware of in the property industry. Whether it’s how shiny your shoes are, what car you turn up in or (unsurprisingly) the condition of the property you are trying to sell or let, first impressions can make or break you in this business. If you are currently in the process of trying to sell or let your property we’re sure you have already absorbed, and tried to action, as many ‘good practice’ recommendations as you can. Listening to self proclaimed experts is all well and good, but have you ever wondered what the people that really matter think?
A six-storey Grade 1 listed Regency property, which is located in Carlton House Terrace and just down the road from Buckingham Palace, is being advertised for a record price of £250 million. It is rumoured to be listed on the ‘grey market’ with a confidential brochure detailing the property circulating amongst the ultra-rich. The house, which is registered in the British Virgin Islands, is believed to be owned by a member of a middle eastern royal family.
Having expected the month of August to be quiet and underwhelming – and therefore a good month to go away on holiday – we have been very impressed by being wrong in this estimation. The level of activity has been excellent with more market appraisals and instructions in the month than we could have predicted. Buyers have also been decisive and showing strong interest in both those properties that have been on the market for a long time, and those fresh to it, inducing bidding in both scenarios.