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NEXA vs Standard Estate Agents
You’ve heard it all before. ‘We’re different’, ‘We’re better than our competition’, ‘We offer the best service.’ Invariably, these are nothing more than just sub-standard introduction tag-lines that sound no better than the mediocre service you are likely to receive after instructing them to work on your behalf. This could be within any sector, but […]
Happy Clients Making Me Rich
A very pretentious title. Eradicate the supercilious attitude that you assume will follow, and you realise that this heading is the intention of every new company that starts within any sector focused on customer-service. The most important part of any new business is ensuring that clients are content with the service delivered so that, not […]
Student accommodation: Why choose NEXA?
As a recent graduate from the University of Portsmouth, I have experienced first-hand how scary it can be moving to a new city and surroundings to study. Finding a homely environment that is comfortable for both everyday living and studying can be tricky and trusting an agency to find the right accommodation for you is […]
How long could you finance your BTL if your tenants stopped paying?
With figures coming out over the weekend of the average time it takes to regain possession of property through a court order, is it any wonder we have such a low buy to let market with article after article of how landlords are losing out? The differences vary region by region, with the current average […]
Budget 2018: How will it affect the sales and rental market?
Earlier this week Chancellor Philip Hammond announced the budget, the final before the UK will leave the EU. How will it affect buying/selling and renting going forward over the next 12 months? All first time buyers who are buying shared equity homes up to £500,000 are now exempt from stamp duty. This is a large […]
Why are you making excuses for your agent?
That old familiar question I ponder to myself with so many clients – Why are you making excuses for your agent? For anyone who knows me, it’s not very often I am left speechless, however on a few occasions recently, I am left perplexed with the situation in front of me. With my position at […]
Leveraging your capital
The famous phrase “don’t put all of your eggs in one basket” is ever popular during life but not with many once investing in property. I often put my head in my hands with clients who wish to make the highest annual income but decides to buy outright in cash and not leverage their capital […]
Void Periods: What does that mean for you?
If you purchase a property for £300,000 and its received a monthly rent of £3000 you are yielding 12% and this would take approximately 8.3 years to recoup the purchase price. With the same purchase price, the same rent but a month void period between tenancies once a year this starts to look different. Your […]
THE TORTOISE & THE HARE
At some point in each of our lives most of us are told the story of the tortoise and the hare and for those of you who haven’t heard this story, a tortoise and a hare engage in a race where the hare speeds off using all of his energy, eventually becomes tired and rests […]
THE IMPACT OF THE TENANT FEE BAN
THE IMPACT OF THE TENANT FEE BAN We learnt a few things from the tenant fee ban announcement but there is still a lot of ambiguity that will not become clear until after the end of March. So the date has been set as the 1st of June. This means that all contracts SIGNED AFTER […]
HOMES FIT FOR HUMAN HABITATION – ACT 2018
The Home (fit for human habitation) Act 2018 On 20 March 2019 a new law came into force to make sure that rented houses and flats are ‘fit for human habitation’, which means that they are safe, healthy and free from things that could cause serious harm. Most landlords make sure that the houses and […]
ARE YOU AT RISK BECAUSE OF YOUR AGENT?
Too many times recently properties have been seen being advertised illegally with landlords being put at huge risk of large fines. This begs the question; Is the agent aware of the risk they are exposing their landlord to or are they in the game for quick buck? The illegal properties are not just from the […]