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Q. Is there really any need to use an Estate Agent to get your property sold today? With the internet playing such a big part in most peoples lives surely I could manage this just a successfully without an agent? A. True, you could easily advertise the property yourself both in the local media and…
Q. What is meant by ‘Registered Title’? A. Whenever ‘title’ or ownership to land or property is disposed of the transaction will need to be recorded at one of the 24 District Land Registries which cover England and Wales. The register kept at the Land Registry is divided into three parts; The Property Register, which…
Q. My current tenancy is just about to expire on my rental investment and my tenants have asked my agent if they can renew, I am happy for them to do so but feel that I am due a rent increase, my agent is telling me that they paid over the odds when they first…
Q. I am buying a purpose built apartment that is less than 18 months old, is it really necessary to have a survey carried out? A. Given the fact that most surveys or valuations are undertaken primarily on behalf of lending institutions, such as Banks and Building Societies you may not have a choice. Reports…
After another week of gloomy headlines in respect of prices and builders, The NFOPP (National Federation of Property Professionals) is being asked by some people what action they are taking to try and persuade the Government to help to generate confidence back in the property market. Please be assured that the Association take the current…
Q. I have cash in the bank and am looking to purchase a buy to let property for investment. Can you give me some guidance on A) what sort of property I should buy and B) is it worth going the extra mile to furnish it nicely rather than doing it on the cheap? A.…
Q. I have just agreed an offer on my house privately with a neighbour, I have notified my agent, but they are telling me that I still owe them a fee regardless as I signed a ‘sole selling rights’ contract with them, surely this cant be right as they did not introduce the buyer? A.…
Q. The offer that I have just made on the property I intend to buy is apparently ‘subject to contract’, what does this actually mean in real terms? A. Buying your first property can be an absolute minefield and what seems like a perfectly normal term to your lawyer can raise endless questions to a…
So after yet another week of doom and gloom blazoned across our screens and news papers damning the property market and drawing our attention to the credit crunch and a possible recession yet again, realistically how are things in the Canary Wharf property market? Without question times are tough right now, and it’s been a…
Q. I am being relocated overseas with my company and have decided to let my property out whilst I’m away. I have had it on the market with one agent for the past couple of weeks with no interest at all so far, I was under the impression that rentals were busy as the sales…
