Tuesday, 5 January 2010

Cold Weather Warning

With the continued cold weather we are experiencing at the moment, I thought I would give you some advice. So this tip is more about what you should be doing to aid your house and not necessarily the sale of it.

Please make sure that you do the following if you hope to sell you house in the coming months or year and dont want to have to pay out before hand, after all people want to buy a property that is in good working order not a broken run down one.

Things to do.

1. If you are going away make sure to leave your heating and boiler set to the mode for cold weather, if it does not have this mode set it to around 5 degress celcius, this will prevent pipes freezing and bursting.

2. Open your windows - This may sound like false economy but a build up of warm humid air in your home can lead to a variety or water realted problems, including mould, damp, rot and lots more. So when you wake up open your window for around 30 minutes to get rid of the warm air built up over night, and after a bath leave it about 20 mins then open a window DO NOT OPEN YOUR BATHROOM WINDOW IMMEDIATELY AFTER HAVING YOUR BATH OR SHOWER.

3. Use your heating - try to keep your house as warm as possible, with your heating on to avoid a problem occurring with damp and humidity realted problems.

4. Lag your pipes - this may not be the best time to do this but if you can remember to lag / insulate your pipes, insulate all pipes that are heating un used spaces, such as wall cavities. You dont need to lag pipes running in rooms. This tip will heating keep your boiler in full working order.

These are just a few tips to help keep your house saleable whilst the weather is bad and save you money in the longer term.

Monday, 28 December 2009

2010 - To Sell or Not To Sell

With all the recent activities in finance world. What will 2010 bring to your intended house sale?

The first piece of advice is caution, there are conflicting views that house prices will go up next year or go down next year. The main factor that is currently having an adverse effect on the property price index is the amount of houses that are for sale. This is simple supply and demand, less supply or more more demand means prices rise.

This is currently the case as there are less houses on the market, which in turn is pushing up the prices of the houses that are up for sale. So you may be thinking then why dont you sell your house now. Well you could do that and if you wish to take the punt then you could advertise your property at no cost on BuzzProperties.co.uk and see how you go.

However my advice is this rather than risk adding to the innaccurate market prices and in turn potentially lowering house prices, wait off selling your house until later in the year. Ideally after the end of the financial year, normally around mid April. This way you will not only get a better price for your property but you will also get a realistic one, and wont run the risk of being back in the same boat a year down the track due to inflated property prices.

So in short wait until April at the earliest to sell your house if you want to maximise your property return in both the long and the short term.

Thursday, 24 September 2009

Housing Recovery - Dont jump the gun

You may have heard in the papers and news that there is a bit of a housing recovery going on. The average house price has risen steadily over the last few months, and there is even talk of the economy coming out of recession.

This might should like great news if you are selling your house, but its not. As the house prices rise above current levels, agencies are too putting up their fees. Where a few months ago there were lots of 1% deals around there is a steady increase back to the average of around 4%.

So what can you do?

The best way to avoid paying high agency fees is to simply wait, as the rise in the average house price will steady back, and with Christmas on the doorstep the market will level and it will not be until at least the middle of next year, (2010) that the true average house price will be seen. So by waitng to sell your house for at least 8 months you will be able to clawback any losses and also negotiate a better agency rate without being taken to the cleaners.

It is like the old saying, 'patience is a virtue' and in the case of the housing market its true. Just hold fast and you will be better off in the longer term.