Raffling mews houses

Raffling mews houses

Raffling is one of several innovative ways mews homes are being marketed. This approach, while it seems entertaining has several pitfalls and, as James Robinson, General Manager of Lurot Brand says “do your due diligence, as it may be well worth your while handing the ticket back”.

As quoted in DBPR

KNOW THE PITFALLS

Fixing the asking price

Fixing the asking price

Determine the asking price for your mews property by using as a reference point the historic prices per square feet in the Central London area your mews house is located in. A tip from James Robinson, General Manager of Lurot Brand is to fix it “around 10% below that figure”.

As quoted in DBPR

WHAT OTHERS SAY

 Before Brexit: A buyer’s paradise

Before Brexit: A buyer’s paradise

The uncertainty enveloping the UK’s departure from the EU, has led to sellers of mews properties lowering their asking prices. Now is therefore an ideal time to purchase a stunning mews home “before the uncertainty wains and property values increase”, to quote Marlon Llyod Malcolm, Sales Manager of Lurot Brand.

As quoted in DBPR

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 Stamp duty and the mews property

Stamp duty and the mews property

12% stamp duty has led to mews homes’ sales falling considerably despite a drop in asking price. However, purchasing a mews property even with this exorbitant fee attached is an excellent investment as, to quote James Robinson, General Manager of Lurot Brand “London property, on average, doubles in value every ten years”.

As quoted in DBPR

GET MORE INSIGHT

Currently trending: Mews property rentals

Currently trending: Mews property rentals

If you have a high-end mews home to let, now is the time to cash in. As Lynsey Schipper, Head of Lettings in Lurot Brand says “tenants in the price range of between £800 – £2000 per week in particular, seem to have no hesitation in committing long term”.

As quoted in DBPR

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