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Tenant Permitted Payments

Refundable Holding deposit - Capped at 1 weeks rent per tenancy

Security Deposit - Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent - The agreed monthly rent

Changes to tenancy - Capped at £50 inc VAT

Early termination charge - Not exceeding the landlord’s financial losses

Late payment of rent - Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys - Reasonable costs or give the tenant the option to purchase themselves

Utilities, council tax, communication services, TV Licence etc Tenants own responsibility unless otherwise stated in contract

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Property Redress Scheme Membership details The law requires your membership details

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Tips on Preparing to Sell Your Property

Tips on Preparing to Sell Your Property

 

GET A MINIMUM OF 3 VALUATIONS

First things first, before selling you must get your property valued. We would recommend on getting a minimum of 3 valuations. By getting 3 different valuations by 3 different agents, you can get a thorough idea on price and different professional advice. This will also help to see how different agents work which will give you an idea of how they can sell your property. A good way to do this and compare is to pick 1 Independent Agent, 1 Corporate or High Street name and then 1 at random. 

 

KNOW YOUR FINANCES

Every vendor wants the best possible price for their property, which is why you hire agents, so we can do just that for you! However, when you know the valuation of your property, work out what price works for your finances. This way you can decide what your absolute bottom line is and if you can afford to take a lower offer. This will also help when negotiating offers. 

 

DE-CLUTTER

De-cluttering not only helps for when you eventually pack up and move, but it can really help with how your property is presented and staged, therefore marketed with its full potential. Buyers do like to see how each property is used. But, Us and You, want potential buyers to see your property at its best, whilst they can inspect every nook and cranny!

 

SHOULD I DO A COMPLETE REFURB?

We get this question A LOT when it comes to discussing selling with vendors. Unless you are part of a development or refurb/renovation project the answer is NO! When selling your home or property you are moving on from, we advise to not do too much work, as the likelihood is that the figures will not stack up. Most buyers want to put their own stamp on things to make it new to them. So don’t change things, to make them brand new, for a buyer to come in and rip it out anyway. We say, have a deep spring clean, touch up some paint work and you have a fresh look on your property without hurting your pockets!

 

PRICE

Words to live by - Always Be Realistic. We know you may have the best home on the street and a kitchen that no one else on the road has, but this doesn’t always mean you should demand 1000’s of £‘s more. When you’ve had your valuations ask your agent what properties that are similar and local to you have SOLD FOR! This way you can gage what buyers are actually paying and you manage your expectations of you what can potentially achieve. AND even if you do have something unique you could have potential to try and get that little bit more!

 

Source Director