Property appraisal and valuation February 2019

January often feels like the longest month of the year and it also hosts "Blue Monday" but not everything is doom and gloom, whatever you may see or read in the media. No matter the time of year, no matter the weather, no matter the economic climate or uncertainty over the future, there are always people that have to, or want to move.

History also shows that the underlying price trend of residential property is upwards, look back at property prices from 5, 10, 20 or 30 years ago, they were substantially lower. If you purchase a property in 2019, if the upward trend continues, how much will it be worth in 2024?

Historic trends suggest quite a lot more and many people will continue to choose property as a long term property investment in Canary Wharf & Docklands, South East London & Kent and East London & Essex. Delaying a property transaction whether it be sales or rentals is actually counter intuitive.

Confidence is king and any hesitancy shows a lack of it, confidently commit to your move as in most instances it will be a long term commitment and risks if any, are likely lower than any "project fear" may have you believe. If you are selling and purchasing simultaneously, your move is within the same economic time, if you sell at lower price, you will be buying at a lower price and you can make that work in your favour. Sell for £10,000 less than you expected and purchase for £20,000 less, you are clearly winning!

One of the first steps for any vendor or landlord will be to establish the current market value of their property. That coupled with defined a marketing strategy to achieve the best price will bring results. Whether you are considering selling, letting or require a property management service we are multi-award winning estate agent and recommend taking advantage of our Property Appraisal and Valuation service.

In over 35 years of successful trading we have been entrusted with many thousands of properties sales, so rest assured that you will be in good hands. Once the property value has been established it is an excellent time to consider budgeting advice from an Independent Mortgage Broker and an experienced Property Lawyer, respectively our partners Bennison Brown and Conveyancing Direct will be happy to assist. We can connect you with them, all you need to do is get in touch with us and we'll take care of the rest.

Written by Alex Neil

Industry awards

Take confidence that you are engaging an award-winning agent as we’ve been recognised by allAgents and The British Property Awards. Five star satisfaction levels show that 97% of our previous customers thoroughly recommend us.

Property valuations

Establishing the sales or rental value of your property can be defined during our Property Appraisal and Valuation service. Our experienced valuers will advise you over pricing, the market, alongside a defined and proactive marketing strategy.

Tailored marketing

Our tailored multi-channel marketing approach encompasses exposure on our website and promotion utilising our social media channels. We further promote properties using the top property portals as we strive to achieve the best price.

Our credentials

Alex Neil are members of The Property Ombudsman Scheme, so rest assured your dealings are with a professional and regulated agency. Vendors and landlords can place their confidence in our buyer and tenant offer verification procedures.

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Tenant Information

Refundable Holding deposit - 1 weeks rent

Security Deposit 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 - £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

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

Client Money Protection Scheme Membership details Alex Neil are members of CMP (client money protect)

Property Redress Scheme Membership details: Alex Neil are members of The Property Ombudsman. Membership number N00018.