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What happens if your home buyer's survey finds a problem?

What happens if your home buyer's survey finds a problem?

Homebuyer surveys are something that is dreaded by a vast number of people, primarily due to the fact that almost no one fully understands the concept. Although, once you know exactly what a home buyers survey is and what to do if a problem arises, things become to seem much clearer. In this article, we will be talking about what you can do if an issue occurs when conducting a house buyers survey, whether that be you who is looking to buy said property or even if you are looking to sell.

Breakdown of Home Buying Fees in London

Breakdown of Home Buying Fees in London

It's no secret that buying a home in London is going to be an expensive venture. Furthermore, there are a plethora of fees in which people are not even aware of when looking to buy a home in London. This can make the whole process much more complicated, and by knowing exactly how much you will have to pay when buying a home, you can make the whole experience much easier and avoid getting surprised by any unforeseen costs.

Are you a First-Time Home Buyer? All You Need to Know

Are you a First-Time Home Buyer? All You Need to Know

Purchasing your first home can be one of the most amazing experiences throughout your whole life. Although, it can also be one that causes you a lifetime of regret if you happen to make a bad decision. However, with the right knowledge and when you know what to look out for, you can almost guarantee that you will make the best decision for yourself.

5 Ways To Get On The London Housing Ladder

5 Things to Know About the Homebuyer's Survey

The homebuyer’s survey is something that is often misunderstood by the vast majority of people. However, it is nothing to fear, and once understood, the it becomes an asset instead of a cause of worry. In this article, we will be telling you 5 pieces of vital information you need to know about the homebuyer’s survey in the hopes of giving you all the tools you need in order to properly conduct one yourself or how to pass one if it is your property that is in question.

5 Questions to Ask the Estate Agent When Viewing Rental Properties in London Paddington

5 Questions to Ask the Estate Agent When Viewing Rental Properties in London Paddington

Rental property viewing is perhaps one of the most exciting yet daunting aspects of renting a property. Sure, you get to view a plethora of properties that have the potential to be your new home, but at the same time, if you miss something you could be setting yourself up for a tough time. In this article, we will be telling you five of the most essential questions you need to ask an estate agent when rental property viewing in London Paddington in order to ensure you make the right decision for you as well as to avoid renting an unworthy property.

5 Ways To Get On The London Housing Ladder

5 Ways To Get On The London Housing Ladder

With property prices rising, it is increasingly becoming difficult to start on the property ladder in London. When mortgage companies unwilling to lend to people without a sizeable deposit are thrown in the mix, medium-wage earners are getting shut out of the property market. To illustrate the hurdle new entrants face, Halifax recently estimated the average deposit required of first-time property buyers in London at £100,000. If you are in this category, you do not have to give up as some moves and steps can help you become a London property owner. This article contains five tips that will help you do just that.

Guide To Find Perfect Rental Place In Central London

Guide To Find Perfect Rental Place In Central London

Renting an apartment in central London could either be easy or overwhelming. The difference is knowing what to do or look for during your apartment hunt. This article is a guide to help you navigate all the complexities of landing the perfect apartment for you in Central London. Before you start, there are some fundamental questions you need to answer. One of them is whether to DIY or use an agent.

Not Sure Which Household Bills To Pay As A Tenant?

Not Sure Which Household Bills To Pay As A Tenant?

After moving into your new apartment, you will be responsible for the bills. However, it is important to know which bills you are responsible for and your rights as a tenant, especially if you are a first-time renter and you are not sure. This article spells out the bill you are obligated to pay and the ones your landlord is responsible for.

5 Things Changed About London Rental Market After Covid-19

5 Things Changed About London Rental Market After Covid-19

When the Covid pandemic happened, it affected everything. From industries and offices shutting down, to Londoners spending all day going from one Zoom meeting to another, everything we were used to changed. London’s rental market was not left out as some new trends have emerged. This article looks at five things about the London rental market that has changed since the pandemic started.

Furnished Vs Unfurnished Rental Property? Which One To Choose?

Furnished Vs Unfurnished Rental Property? Which One To Choose?

When hunting for rental property, you have to decide whether to go for a furnished or unfurnished property. There are reasons to choose either, so you need to know what each type means. This article looks into what you need to consider before choosing between a furnished and unfurnished property. But first, what is a furnished apartment?

Valuation

The Real Property Experts are pleased to give you an authoritative appraisal of the value of your property and the appropriate asking price for sale using all our experience and understanding of London’s micro markets, history and buyers expectations. Should you require a formal valuation for legal or taxation purposes we can refer you to a RICS registered surveyor.

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Featured Properties

Fees

Refundable Holding deposit

Capped at 1 weeks rent

Security Deposit

Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent

The agreed monthly rent

Changes to tenancy

Capped at £50 inc VAT

Early termination charge

Not exceeding the landlord’s financial losses

Late payment of rent

Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys

Reasonable costs or give the tenant the option to purchase themselves

Utilities, council tax, communication services, TV Licence etc

Tenants own responsibility unless otherwise stated in contract

Client Money Protection Scheme Membership details

The law requires your membership details

Property Redress Scheme Membership details

The law requires your membership details