Haydar Sehri's blog

Haydar Sehri's blog

Interest Rates to Rise?

When the Bank of England held interest rates at 0.5% at the start of this month, it was widely expected. Later on in the month, the picture changed when the governor Mark Carney said in a speech just over a week later that a rate rise “could happen sooner than financial markets currently expect”.

Cryptic as always, but an indicator things are going to change. How and when will this affect homeowners on tracker mortgages?

If we look at an interview given by the outgoing deputy governor of the Bank of England in May to the BBC, Charlie Bean said

Esxtending Your Way to a Greater Sale Value, NAEA Reveals Most Desirable Home Modifications

SOURCE: NAEA Website

As the housing market continues its recovery, the National Association of Estate Agents (NAEA) today reveals the home extensions most likely to add value to a property ahead of sale.

 

Research conducted as a part of NAEA’s latest monthly housing market report revealed that almost

half (49%) of estate agents say adding an extra bedroom usually by converting loft space is the

best way of adding value to a property.

 

Open Day Bonanza

London is booming. With such an increase in demand, we now hold regular open days on properties for sale and usually have an offer accepted the same day which exceeds our seller’s expectations. As well as being successful, these days have also been entertaining.

Gazumping Is Back

Gazumping may sound like an exotic African mammal, but unfortunately its true meaning is not so romantic. Gazumping is the act of a property seller taking a higher offer for their property from an outside party despite already having agreed a sale with another buyer for a lower amount.

What to do if a house purchase falls through NAEA offers advice for buyers facing disappointment in a competitive market

Losing out on a dream home can be a difficult experience, but there are steps that can be taken to 
maximise a buyer’s chances of concluding their next purchase successfully, according to the National 
Association of Estate Agents (NAEA).   

NAEA’s latest research reveals that there are, on average at a national level, over eight buyers for 
every property that comes to market. With this level of competition, buyers are increasingly left 
disappointed, even if their offer has been accepted. 

How to beat the rental crowd and secure your dream home ARLA guides prospective tenants through the process of renting

Renting a property can be a daunting process, especially as demand for rental property continues to 
outstrip supply*. Market conditions in many areas mean prospective tenants need to be prepared 
and ready to make an offer as soon as they are happy, or face losing their dream property. 
 
Susan Fitz-Gibbon, President of the Association of Residential Letting Agents said: "Many agents are 
currently low on stock and tenants could risk losing out if they are inefficient in their bid. 

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