Your buyer may only be 3 miles away
by Jen Elliott 19th January 2025
According to a study carried out by Savills, the results showed there was a majority of sellers who move up to just 3 miles to their new destination. There are several reasons for this - the main one is keeping the impact to work travel, social and school arrangements to a minimum disruption.
There are loads of selling methods out there. But my method is special, and it's different to anything else you've seen. It's simple, straightforward, transparent and insightful.
Connections help too. The best of the best independents who are keen to work harder for their customers - because it's not just a job to them. Their business is their bread & butter, they work for themselves and there is so much unspoken value in this.
Independents are the unsung heroes in my opinion (for so many reasons), way better than any mass corporate machine.
Think local, not national. When you know, you know. Join the movement.
blue monday
by Jen Elliott 18th January 2025
With Blue Monday looming, We don't all make it sadly. My heartfelt thoughts go out to all those who choose to fight on, and to all those who could not live in there minds any longer. My door and DM's are always open and I understand.
We operate a no-refferal fee policy
by Jen Elliott 17th January 2025
Because I believe it removes bias. I like to refer an amazing conveyancer or mortgage broker, removal company etc. because genuinely I know they are amazing - their ratings and record speaks for themselves. Referral payments should not exist in my opinion. Let us bring back genuine referrals and start to help each other, on authentic human terms. What say you?!
Owning a house is one big con...
by Jen Elliott 16th January 2025
... for the regular people. Here's why:
1. It's just one BIG TRAP.
2. The banks own you forever.
3. Then the retirement home owns you.
When the bank rang me to congratulate me and say I was now a home-owner, I did not feel overwhelmed with excitement. I should have. Because that's the way we've been conditioned right!
But my inner voice, my gut was telling me - this did not feel good. I felt relief and frustration. I was the reluctant home-owner lol it's like I knew instinctively, this was not a good choice. What does 'owning' a house even mean if we have a mortgage and a hefty amount of debt to go with it. The biggest racket and back then I was a part of it.
Sure, owning a home can offer wonderful benefits, after 25-30 years when you've finally managed to pay it off and being property rich (and not much else - because most of you are chasing the next bigger house!). But what next after you've finally paid for your biggest asset? Most of you stay put, and you hope to god your health is still in a good way. But, let's face it, many of you are cash poor! And that's just how the banks and governments want it, to keep you from being free from them.
I tell my kids, strive and save to build your own home, on your own terms. This is how we should all be taught in school, but we're not.
Crazy quick staTs in property sales
by Jen Elliott 15th January 2025
The above calculations are based on a very conversative average % fee of 1.42%. Fees across the UK can vary from 1 to 3.5%. And I have only illustrated the two highest percentages of properties sold. There are 8 more property types in addition to these.
Average % fee per property in pounds:
R £3907.84, W £4430 and L £7632
According to www.allagents.co.uk there are 25 estate agents in Rugby, 808 in Warwickshire and 7155 in London.
And don't get me started on Rightmove! A cash rich company that charges obscene and unfair fees (just like the agents do!). Rightmove consistently pays out year on year over £200 million in cash dividends to its shareholders, and they paid just £243k to Centrepoint and 50k to the Canal River Trust in charitable donations last year.
Your thoughts?!
You want a proactive conveyancer
by Jen Elliott 14th January 2025
Check your postcode using The Advisory Propcast (UK properties only) - it's brilliant and it's free).Can you afford to move? Several costs to consider.Can you improve the value of your property? Do you want to?Does it need any improvements first to help sell it?Check your mortgage terms if you have one. Any exit fees? Can you port it without any penalties?Check what is for sale and asking prices.Do you need to move?Ask your conveyancer if they use up to date technology which will help them and you to facilitate a quicker and smoother selling journey, or conversely, can the conveyancer adapt to your needs if you prefer to complete forms using traditional hand written methods.
At the beginning (ideally before the house goes on the market), ask them to check the deeds and any other documents for any anomalies, so they can be rectified at this end and not at the other end of the journey when time is more crucial (believe it or not, some don't look until right at the end which holds everything up!).
Checkpoints (listed further down) must be managed correctly, helping to reduce the impact to both the seller and the buyer. Having a basic overview of the conveyancing process will help you understand what needs to be carried out by the conveyancer.
Also, ask your conveyancer for a timeline of work to be completed and the likelihood of completion dates. Ask them if they can provide this before you sign any agreement.
Conveyancer checkpoints are the various stages and searches that a conveyancer performs during the conveyancing process.
These checkpoints help to ensure that the property is suitable for purchase and to identify any potential issues.
Conveyancer checkpoints include:
Local authority search: Determines if the property is in a conservation area, listed building, or smoke control zone
Water and drainage search: Checks the property's connection to water and sewer systems
Environmental search: Determines if the property was previously used for industrial purposes
Flood report: Assesses the risk of flooding
Mining search: Checks for evidence of mining activity near the property
Chancel repair search: Determines if the property is liable to contribute to the cost of repairs to the parish church
Conveyancing stages:
Pre-contract stage: Involves completing original paperwork and searches
Draft contract phase: Involves assembling and reviewing the draft contract
Enquiries and negotiations: Involves resolving any issues
Exchange to completion: Involves exchanging contracts and completing the purchase
If you have any questions, or would like to know more, please feel free to get in touch. I am not a conveyancer but I do know some really good ones I can pitch your questions too.
Before you decide to sell your property, please first do your home-work
by Jen Elliott 13th January 2025
check-list
Check your postcode using The Advisory Propcast (UK properties only - it's brilliant and it's free).
Can you afford to move? Several costs to consider.
Can you improve the value of your property? Do you want to?
Does it need any improvements first to help sell it?
Check your mortgage terms if you have one. Any exit fees? Can you port it without any penalties?
Check what is for sale and asking prices.
Do you need to move?
If you any questions, or would like to know more, please feel free to get in touch.