Brought to you by chelmsfords' property experts
What’s the difference between a landlord and a property investor? Aren’t they the same thing? Does one rent out properties and the other sell them on? If these questions have got you scratching your head, read on. Long term vs short term Keeping it simple, a landlord makes a regular income from renting properties to…
Next Monday is, according to social scientists, the most depressing day on the calendar. It even has a name. Such is the doom and gloom attached to it – Blue Monday. It’s the perfect storm of wintry weather, festive spending credit card debts coming in, New Year’s resolutions falling by the wayside, and Christmas being…
A survey of 2,000 Brits found that there’s only one thing more stressful than getting divorced – and that’s moving home.* Spare a thought then for people who sell their home when their long-term relationship ends. They find themselves dealing with two of life’s most challenging moments at the same time. Here are some property-related…
Remember when you were younger and you couldn’t wait to move out of your parents’ house, rent your own place and live independently? Well, times are a-changin’, and being an adult with your own bills, mortgage payments, and countless other expenses has lost its charm for many. In fact, more and more people are going…
If you’re a landlord looking to downsize your property portfolio, you may be thinking about selling one or more of your buy-to-let properties. This process isn’t always as straightforward as a regular property sale, so we’ve pulled together some FAQs to think about. Who should I sell my property to? To sell to another landlord,…
When a landlord has a niggle of anxiety over whether a prospective tenant will pay their rent, there is a way they can help protect their investment. A landlord can ask a tenant to provide a guarantor to ‘guarantee the tenancy’. Guarantors are often family members or close friends – and a little bit like…
Selling a property can be tricky at the best of times, but when a property is deemed unmortgageable things can get complicated. ‘Unmortgageable’ means lenders won’t allow a potential buyer to borrow the money they need to buy a property. For many sellers, this can be a knockout blow and can significantly reduce their options….
Landlords who struggle with all the rules and regulations associated with renting out a property – be warned. Councils are coming under increasing pressure to throw the book at landlords who flout the law. Even if you’ve gotten away with a ‘near enough is good enough’ approach so far, winging it isn’t a sustainable long-term…
The first question a seller always asks an estate agent is: “How much can you sell my property for?”. The second is: “What is your fee?”. This focus on price and fees makes perfect sense; understandably every seller in Chelmsfordwants to get the best possible property deal. But before you jump in and choose an…
Some people think the only way landlords can make more profit is to ruthlessly keep hiking up their tenants’ rent. But that’s incorrect on two fronts. Firstly, continually increasing a tenant’s rent is no strategy to keep them long term. Secondly, the five ways we’re about to share with you can increase your bottom line…
The quick answer to this is nearly always a yes. Here are four ways being granted planning permission can add value to your property. Lofty ambitions – Adding an extra bedroom A loft conversion that adds an extra bedroom, especially with an ensuite bathroom, can be reasonably expected to add up to 15% to your…
There’s one day of the year when the stars align for sellers in Chelmsford, and it’s not too far off. If you’re planning on selling up anytime soon, you’d be mad not to capitalise on this opportunity. Keep reading to find out more. Behold the Boxing Day home hunters You may think the festive season,…
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