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EPC Update As many of you are already aware Energy Performance Certificates become mandatory for all new lets starting from the 1st of October 2008. Some of the rules for this are still unclear from the Local Government responsible for this but I can confirm the following:- It is mandatory for all new lets. An…
Q. My Solicitor has just informed me that there appears to be more than the usual amount of gazundering going on in his office at the moment, as a seller is there anything I can do to prevent this from happening to me? A. I’m afraid to report that given the current market conditions gazundering…
Q. I am selling a property for the first time so a little unsure as to the best way to conduct viewings. Do you think its best to leave keys with my agent or is it better if I’m present, I’m thinking it would be good to be there in case of any questions the…
Q. Who are the OEA – The Ombudsman for Estate Agents? And what is their role? A. The Ombudsman for Estate Agents (OEA) Scheme was established on the 1st January 1998. The body offers an independent service for the resolution of disputes between member agencies and buyers, sellers, tenants or landlords of residential property in…
Q. I own a three bedroom semi detached House that I have just placed on the market for sales. I am however slightly puzzled as to why Two bedroom apartments seem to be worth so much more than houses in general in this area. Is there any particular reason for this? Personally I feel a…
Q. I’m being told it’s a buyers market out there at the moment– is this true? A. It’s absolutely true. The N.A.E.A. reports this month via their members that the number of house buyers on agents books, houses available and percentage of first time buyers decreased throughout last month whilst the average difference between asking…
Q. I recently heard that Energy Performance Certificates will be required on all rented properties later on in the year. Can you confirm this, and what does this mean for existing landlords like myself? A. Correct, as of 1st of October 2008 Energy Performance Certificates (EPCs) will be rolled out to all properties privately rented…
Q. Is there any point in trying to sell my property at the moment, with all the talk of the credit crunch and prices slipping? A. The market is a little tricky to say the least at the moment, as headlines continue to bombard the local and national press with news of 10,000 finance job…
Q. What benefit if any, is there to using a letting agent to rent my property versus me advertising and finding my own tenant? A. Letting agents are experienced professionals thus bringing a number of benefits to their Landlords. The list is endless but primarily you will find that they will include up to date…
Q. I am one of the executors for my late friend’s estate and have been given the responsibility of selling his house; can you give me some advice on the best way of moving forward on this? A. Before you do anything else you will need to get the property professionally valued regardless of your…
