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Showing Category: Estate Agency
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 […]
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 […]
HEALTHY BODY, HEALTHY MIND
Have you ever wanted to do something, but your mind puts imaginary barriers in your way? Have you ever got to the end of the day and felt completely wiped out, that horrible feeling of fatigue? I have but not recently and let me tell you why. At the end of January, I was introduced […]
TOP 10 TIPS FOR BUY TO LET INVESTORS
RESEARCH THE BUY-TO-LET MARKET What are your risks and benefits? Spend time investing what you don’t know, surround yourself in people that can help – mortgage brokers, solicitors, agents, surveyors, networking. Create your own power team that can provide advice. SPEND TIME RESEARCHING THE BEST AREAS TO INVEST What is your “out strategy” if all doesn’t […]
Are Student HMO’s a dying breed?
3 years ago, I remember sitting in my office on a Saturday afternoon at 6pm (I was due to finish at 4pm) with clients in my office with parents in tears after being let down on another student property. I managed to locate a vendor selling a 4 bedroom property for HMO purposes and a […]
The Power of Networking
Just over a year ago Nexa Properties opened its doors to the estate agency world. With a wealth of experience behind the team but in a new surrounding where there is always more to learn. I personally have always been one to feel slightly awkward outside of my comfort zone. However, I would feel well at home sat […]
Open All Hours
Being a twenty-four-hour estate agent would be a daunting prospect for the majority of individuals working in this sector, especially considering that generically, estate agents already work significantly more hours than the national average. Already an incredibly tough, competitive marketplace, a stress-free week is a near impossibility if you factor in the unavoidable obstructive aspects […]