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What’s the Best Time of Year to Sell a House in the UK?

Several factors combine to dictate the health of the property market. But one issue that many sellers forget about is the seasonal nature of the housing sector.

The UK property market experiences periods of high and low activity. The good news is that there’s a pattern involved. By delaying or bringing forward your house sale, you might be able to sell the property fast and for a premium.

But what’s the best time of year to sell a house in the UK? While there are always exceptions to every rule, the facts are pretty clear.

The summer is a relatively slow time for the property market

We all have different priorities in our lives. But there are times of the year when we’re more distracted than usual. Take the summer months of July and August, for example. This is when a lot of people go on holiday or spend lots of time with family.

What's the best time of year to sell a house?

As well as being distracted, people tend to be a little short on cash at this time of year. Why? Because they’re spending a greater proportion of their income on leisure activities. Saving for a deposit or all the various costs of house selling is rarely a priority.

Another reason for the house sale slump during the summer months is the school holiday. Children are at home for anything between five and eight weeks at this time of year. This means parents are too busy supervising their kids and keeping them occupied to worry about buying a new home.

The Christmas period is also a slow month for the property market

From around the middle of November, a huge number of homeowners in the UK start planning their Christmas. This takes the focus away from buying property. And it changes people’s spending priorities. Let’s face it: would you want to move into a new house just a week or two before Christmas?

And don’t expect things to pick up immediately after New Year. Buyers are counting the cost of the festive period. They’re hunkering down in their existing homes, waiting for spring. All in all, the Christmas period and the first six weeks or so of the new year aren’t great times to sell a house fast.

But there is an upside to selling during the winter months. Homes are usually at their cosiest and most homely when they’re lit up and warm. You can create a refuge from the winter winds that might prove very appealing at this time of year.

What is the best time of year for a fast house sale?

houses sell fast in spring

A good time of year for selling houses is autumn. Summer holidays and leisure activities are finished, and children are back to school. With Christmas still some way off, people have space (and money) in their lives for buying a new home.

But the best time of year to list a house for sale in the UK is early spring. Why? Because people are planning new beginnings. The kids are in school, the days are getting longer, the temperatures are rising, and Christmas is a distant memory. Also, a lot of buyers want to be in their new home well in advance of summer.

Of course, there’s little evidence to suggest homes are worth more in the spring than they are in the winter. However, there are times of the year when buyers are more numerous. And when that’s the case, you can engineer bidding contests to drive up the sale price.

Unfortunately, we can’t always sell our home at the best time of the year. If you need a quick house sale now, SellPropertyFastCash can help. We buy homes directly from owners throughout the UK, and we take care of all the legal stuff on your behalf. You get to sidestep the marketing and negotiating stages of the process — saving you time, fees and a great deal of stress.

How to Sell a House without an Estate Agent

An experienced, locally based estate agent with a proven track record of success can maximise the sale price your property achieves on the open market. But there’s nothing stopping you from going it alone.

If you want to sell a house without an estate agent, planning, organisation and some detailed research all go a long way.

To help you sell your home without an estate agent for the first time, we’ve compiled a few simple tips.

Value your property

The first thing you need to do is ascertain the price potential of your home. A lot of people start by asking a local estate agent to provide a very rough price range. Alternatively, use Rightmove and Zoopla to compare your home to recently completed house purchases.

The chances are you’ll discover a price range that homes just like yours sell for in the area. Set your initial asking price at the upper end of this range if you’re not in a major hurry. But if you need to sell a house fast, aim for the lower reaches of the range.

Take photos

How to sell a house without an estate agent

Before you take any photos, make sure your home is in great shape. It should be clutter-free, tidy and clean. Remove unnecessary furniture to create the illusion of more space.

Take all your photos with a high-quality camera. And make sure you do so when there’s lots of natural sunlight flooding into the property. Take a few shots of each room from different angles — and choose the best ones.

Advertise

One of the critical services offered by estate agents is marketing. Local agents always have potential buyers interested. They also provide listings in local papers, on websites and in their shop windows. And they have large social media followings to tap into. You can’t compete with these marketing channels, but you still have several opportunities.

The most important thing you can do is to publish a property listing on a major house selling site. While there are some paid-for directories, the likes of Property Sell and House Ladder allow you to post basic listings for free.

  • Other places to advertise and market your home include:
  • The local newspaper
  • Local chat rooms
  • Local property blogs and websites
  • Local shop windows
  • Community centres
  • Word of mouth
  • Local supermarkets
  • Local coffee shops

Obtain an Energy Performance Certificate

You must have an Energy Performance Certificate before you list your house for sale in the UK. Get this as soon as you decide to sell. Unfortunately, you’ll need to pay a registered energy assessor to compile the report and issue the certificate.

Manage the viewings process

How to sell a house without an estate agent

Once you’ve obtained an energy certificate and listed your property for sale, you can start inviting potential buyers to viewings. Try to keep your home in a neat and tidy state at all times during the entire process. While it’s great to be organised and manage a structured bookings process, it’s also beneficial to be ready for last-minute viewings.

Make a few notes in advance of the first viewing. Think about what potential buyers might ask you as they walk around your home.

Potential questions you might be asked include:

  • What are the neighbours like?
  • How much is the Council Tax?
  • Where’s the nearest train station?
  • Where’s the nearest bus stop?
  • What are broadband speeds like?
  • How old is the boiler?

If you’re ready to answer questions, you’ll come across as genuine, knowledgeable and honest.

Formulate a negotiation strategy

Don’t go into the process without knowing exactly what you want. Set yourself a minimum sale price, and stick to it no matter what. Of course, if you haven’t received an offer after several property viewings, your price expectations might be a little high.

If a buyer likes your home, they might put in a quick offer — but it may well be significantly less than your asking price. Before you say no, and as long as it meets your minimum price, research the most recent house sales in your area again. Is the offer fair? Do you think will get a higher offer if you wait it out? Are you confident that a counter-proposal will be accepted?

Consider an alternative to selling a house without an estate agent

Selling a house without an estate agent can be stressful — and a lot of work. If you don’t have the time or you’d prefer to avoid the process at all costs, SellPropertyFastCash can help. We buy homes directly from owners, without the need for marketing, price negotiations or hassle. We take care of all the paperwork, too. And in some cases, we can complete the purchase of a UK home within a month of making an initial offer.

Can I Avoid Being Gazumped in the Property Market?

Gazumping is when a house seller accepts a higher offer after they have accepted an offer from another buyer. The original buyer is left “gazumped”, often after paying for surveys, searches and legal work.

The phenomenon became popular during the 1980s. And although it’s in decline in England and Wales, it’s still a problem. According to Emoov.co.uk, a quarter of the people who bought a home in 2018 were gazumped. The previous year, more than a quarter of would-be buyers befell the same fate.

While legislation might solve the problem in the future, there are a few things you can do to avoid being gazumped.

Organise your finances

The best way to avoid being gazumped is to get your finances and legal issues organised in advance. If you can minimise the time between agreeing on a sale and the exchange of contracts, the chances of being gazumped reduce dramatically.

Avoid being gazumped — sort out your finances

The measures you can take to avoid gazumping include:

  • Secure your mortgage “agreement in principle” before you make an offer
  • Appoint a solicitor or conveyancer
  • Make sure you have all the relevant ID and paperwork ready
  • Get your property on the market early
  • Price your property for a reasonably quick sale
  • Where possible, wait until an offer is made on your home before you put in your offer

Insist that the property is taken off the market

As soon as your offer is accepted, stress that it’s on the proviso that the property is taken off the market immediately. And get this in writing. This should give you some legal protection if the seller accepts a higher offer at the last minute.

Ask for the “For Sale” signs to be removed, along with property listings in shops, local publications and the Internet. But remember: the seller doesn’t have to do any of this. If they refuse, proceed with caution.

Keep the process moving swiftly

It’s vitally important that you’re always available to answer questions and sign paperwork. Any delays can increase the chances of being gazumped before contracts are exchanged. Stay in regular contact with your solicitor and mortgage lender. They won’t be as keen to protect your interests as you are.

Strike up a rapport with the sellers

There’s always the chance the homeowner will suddenly accept a significantly higher offer. And, right now, there isn’t much you can do about it. But if you’re on first-name terms with the owners, they’re more likely to regard you as people rather than faceless buyers. Offer a hand of friendship. Strike up a few conversations. Above all, make friends with them.

Get insurance

While you might be confident of the deal going through, you should never take chances. Buying a house costs several hundred — sometimes thousand — pounds. If you get gazumped, you stand to lose almost everything you’ve spent until that point.

Just in case the worst happens, take out specialist home buyers protection insurance. This will cover your loss of upfront expenses, which include mortgage costs, surveys and conveyancing fees.

Buy at auction

Avoid being gazumped — sell at auction

If money or time is tight, consider buying your next home at auction. While this route presents its risks, gazumping isn’t one of them. Once your offer is accepted, you sign the initial paperwork and pay the deposit almost immediately.

Sell your home to a national homebuyer

A delay in the sale of your house increases the risk of being gazumped. To speed up the process, sell your property to a national homebuyer such as Sell Property Fast Cash. This negates the need for marketing, negotiations and protracted conveyancing processes. You’ll get up to 100 per cent of your home’s market value, and the quick sale you need to minimise the chances of being gazumped on your next purchase.

Issues That Affect House Prices Which Are Out of Your Control

Understand what property buyers want from homes in the UK, and selling your own home shouldn’t be too difficult. Or so you might think. According to a study by My Home Move, many house buying priorities may be out of an owner’s control.

Does this mean that getting your home in great shape is a waste of time? Of course not. But it does mean that there might be a price cap on your property that is almost impossible to raise.

More than half of the respondents in the survey revealed they had bought a home simply because they fell in love with it. This subjective approach isn’t all that surprising. After all, we develop a very emotional bond with the place we call home.

But what makes someone fall in love with a property?

It might surprise you to learn that buyer love is rarely generated by a stunning kitchen or a converted garage. Various external factors play a bigger role, at least according to My Home Move. Here are a few of the most common issues that affect house prices.

Location

Issues that affect house prices

Location is still the most crucial factor driving house prices and demand. According to the survey, 58% said location was the single most important issue. In many cases, proximity to a place of work was key. But also important to home buyers are the proximity of local schools, transport links and public services.

Financial issues

The second most important factor related to house buying decisions was fiscal responsibility. Does the asking price reflect the current market conditions? Does the property offer long-term investment opportunities and growth potential? How much will need to be spent on maximising the property’s value potential?

The neighbours

Sadly, you can’t really choose your neighbours — regardless of how much you’d like to. One of the questions most house buyers will ask during a property viewing is: What are the neighbours like? And if you can’t talk about them in glowing terms, you might be at a disadvantage.

Issues that affect house prices — nuisance neighbours

While there are certain legal opportunities at your disposal, dealing with nuisance neighbours takes time. And if lawyers are involved, it also takes a lot of money. But at the end of the day, who lives next to you is out of your control.

If you’re struggling with nuisance neighbours, the value of your home could be affected. And selling it may take a lot longer than you initially bargained for. That’s where we come in. SellPropertyFastCash is a national house buying company that cuts out much of the hassle and stress of selling property. Sell your home directly to us in a matter of weeks — and leave the problem of nuisance neighbours to someone else.

Factors you can control

Thankfully, respondents in the My Home Move survey identified a good garden as a top priority. And although you can’t do much about the space you can offer, you can ensure your gardens are attractive and functional.

And then comes all the other stuff. Everything from the number of bedrooms your home has to its general condition affects both price and demand. Issues such as mould, historical movement, unsatisfactory searches and energy efficiency all contribute to your home’s value. Crucially, they’re all very expensive to rectify. If you’re not planning on staying in your home for the long term, cutting your losses by selling up may be the best option.

If you want to sell your home as fast as possible — leaving someone else to deal with its issues — we can help. Contact us to discuss your house selling requirements, and you won’t need to worry about what buyers on the open market are looking for.

Moving into a Retirement Home — Top Tips

There comes a time for many people when round-the-clock care or medical supervision is needed. This is often a very distressing time, as it involves leaving behind a much-loved home — and the independence it provides.

Whether you’re thinking of a move to sheltered housing or helping a loved one to make the move, there are several issues to consider. As well as the lifestyle changes involved, you’ll also need to think carefully about the various financial implications.

Talk things through with friends and family before moving into a retirement home

Moving into a retirement home is always a big step. There are pros and cons involved, and you may not be able to assess them on your own. Ask your loved ones for their opinions. Is it the right time? Are there alternatives? For example, you might find that family rally round and give you the support you’re looking for.

Moving into a retirement home tips

There may also be the option of moving in with a relative. This might be the best option if you’re moving simply for the company. Selling a house for your retirement means you might be able to contribute to some of the bills.

Assess the costs of moving into a retirement home

The initially quoted cost of your new retirement home might seem affordable. You might even qualify for free or subsidised care. But never take the cost at face value. Make sure you get a full breakdown of all service charges and additional fees. The bigger the grounds, the higher these fees are likely to be.

And while there may be a range of activities to try out, find out how much they all cost. Some might be included as part of the package. Others, however, will need to be paid for separately.

Are there any exit fees?

Signing up to a private retirement community may involve a contract and a hefty deposit. But what happens if your circumstances change shortly after moving in? Your health might deteriorate, or you may be presented with different opportunities. Before you sign on the dotted line, check the terms and conditions. How easy is it to get out of the contract? Is there an exit fee involved?

Check whether or not you can sublet your retirement property, as this could be a good way of getting out without losing a small fortune.

Shop around

Moving into a retirement home - tips

There are now thousands of high-quality retirement homes across the UK. Before you choose one, make sure you’ve checked out at least four or five. Visit each one and compare the rental charges. Take the time to investigate the terms and conditions thoroughly. The ability to move on quite cheaply might be the deciding factor in your decision.

It’s also worth remembering that there are several types of retirement lease available in the UK. You can also buy a unit instead of renting it. However, you’ll need the capital upfront. But if you have it, this could be a good investment and a way of saving money. Of course, you’ll need to sell your existing home fast. But that’s not a problem when you sell to SellPropertyFastCash.

We are national homebuyers who purchase UK properties in as few as four weeks. There are no marketing, price negotiations or upward chains involved. Selling a property this fast could help you to start your new life in a retirement community as quickly as possible.

6 Common Mistakes Made by First-Time House Buyers

The mistakes made by first-time buyers are too numerous to mention in a single article. House buying is a minefield, and it’s normal to make a few mistakes along the way. But knowing what those mistakes are before you buy your first property should help you to secure the home of your dreams without too much stress and hassle.

The main aim is to find a suitable house in a desirable area for a great price. This challenge might sound easy, but it rarely is. And if you don’t have prior experience, you might be in for a tough time.

But worry not! We’re here to help you navigate your first home buying experience. Avoid the following mistakes, and you shouldn’t run into too many difficulties.

1. Not checking your credit score

You can save yourself an awful lot of time by checking your credit score before you start looking for mortgages. The last thing you want is to put yourself through an application process you can never complete. And if you know that your credit score is less than perfect, you can limit your search for mortgages that cater to situations like yours.

2. Not identifying your priorities

Among the most common mistakes made by first-time house buyers is a failure to identify property priorities from the outset. If you simply start bidding on homes you like, you may end up making a huge mistake. Consider the following questions:

  • Do you need to live near your place of work?
  • Do you need good transport links nearby?
  • Do you want a big garden?
  • Do you prefer open-plan living?
  • Do you need off-street parking?
  • How many bedrooms do you need?
  • What’s your budget for renovations?

Get these priorities clear in your mind, and you can fine-tune your property search for success.

3. Not getting your mortgage arranged first

How do you know you’ll get the mortgage you’ll need if you haven’t been approved? Save yourself a lot of time and heartache by getting pre-approved before you start putting in bids. This way, you’ll know exactly how much you can spend. Whittle your prospective homes down according to your budget, and you won’t be left embarrassed further down the line.

4. Aiming for the very top of your house buying budget

So, you got a surprisingly high mortgage offer that expanded your options significantly. Don’t make the mistake of looking for houses at the very top of your range. Judge houses by their merits rather than their price-tag. And don’t forget that there are plenty of hidden costs involved in buying a home. Once stamp duty, fees and legal costs are factored in, the cost of buying your first home could be way higher than you bargained for.

5. Buying with your heart

Of course, there’s always going to be an emotional aspect to buying a first home. After all, this is going to be your refuge from the outside world for quite some time. But don’t get overly attached to any particular house during your search. Try to take an objective approach to property buying. Is it big enough? Can you afford the repairs and renovations? What’s the school like?

While your preferred home might look how you imagined it, there’s far more to consider. Be practical and pragmatic. If it’s not going to serve your needs on a day-to-day basis, move on to the next option.

6. Not getting a survey

House surveys are crucial for first-time house buyers

Understandably, you want to get into your new home as quickly as possible. But failing to carry out the necessary structural checks could backfire spectacularly. Once the house becomes yours, any defects become your responsibility. And that can be a very expensive mistake.

If you’re getting a significant mortgage, the chances are your lender will insist on a comprehensive survey. This will look for everything from damp in the walls to movement in the foundations. But if you don’t need a large mortgage, you may have the option of saving a few pounds by skipping the survey. This is a huge risk, and it’s just not worth taking.

Buying your first home should be fun and exciting. But don’t get too carried away with the romance of it all. Proceeding with caution maximises your chances of a successful first purchase.

For more information on how https://www.sellpropertyfastcash.co.uk can help you sell your house fast please visits our contact us page.

Sell Property Fast Cash,
Mclintocks,
Summer Lane,
Barnsley,
South Yorkshire,
S70 2NZ
Telephone:0800 68 99 42

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Should I Sell a House Due to Ill Health?

Ill health can have a range of adverse effects on almost every facet of your life. But one of the issues many people struggle with the most is their financial welfare. How do you continue paying the bills when you’re not able to earn?

Are you asking yourself: Should I sell a house due to ill health? If you are, you’re probably worried about what the future holds — particularly if you have a mortgage to pay.

Assess your situation in full. Think about the short, medium and long term. And to help you make the best decision for you and your loved ones, here are a few issues to consider.

How will I pay my mortgage when I’m ill?

Making mortgage repayments every month is a significant commitment. Miss just one or two instalments, and you could find yourself on the wrong end of eviction proceedings.

Do you have illness cover with your mortgage? How long will the policy continue to make mortgage repayments? Do you expect to be better by the time the cover runs out? These are questions you must answer truthfully. If you’re in any doubt about your ability to make your monthly mortgage repayments in the future, you should seriously consider selling your house now.

But selling your house isn’t your only option. If you need several months off — and you don’t want to move — consider an equity release scheme. This allows you to stay in your home while you unlock a hefty chunk of equity for your immediate needs.

Will I have medical expenses to worry about?

One of the great privileges afforded to people in the UK is access to the NHS. But while you don’t have to worry about treatment fees, there are other costs to consider. For example, you might need additional care at home. You may want to adapt your home to cater to your needs while you convalesce.

Should I sell a house due to ill health?

By selling your existing home now, you can get your hands on the money needed to aid your recovery. If you don’t have time to wait for the open property market to produce a buyer, SellPropertyFastCash can help. We buy houses fast. There are no lengthy negotiations or protracted conveyancing processes involved. If the circumstances are right, you’ll receive the money for your fast house sale within a month or two.

If you require long term care, you might be required to pay for it. There is help available from the UK Government, but it’s means tested. You can find out where you stand by checking out the Age UK website.

Is moving house due to ill health really the best option?

Having a lot of equity in your home when you’re struggling with illness can be a huge comfort. A quick house sale or an equity release scheme is a great way to unlock the money you need to get you through such a tough time. But is that always the best option?

Moving house might be a huge strain on your mental and physical health. If so, unlocking equity might be the best option. However, if you’re up to the move, you can make a clean break and a fresh start in your new home. Downsizing your property due to ill health is relatively simple when you sell to a “we buy any house” company.

Should I sell a house due to ill health?

Don’t underestimate the stress involved with selling a house on the open market. It’s tough enough at the best of times. But when you’re ill, it can set back your recovery considerably. A fast house buying company can take a lot of the burden off your shoulders.

Speak to your clinicians

Before you do anything, take the time to speak to your doctors and medical professionals. Ask them what they suggest. It might be that moving house is the last thing you need. An occupational therapist, for example, might suggest that your current home is perfect. Or if you’re determined to sell your property, he or she might help you to choose your next home.

Moving house due to ill health is a huge move. Take your time making the decision, and seeks advice from clinicians, family and friends. And if you need to sell your property to generate much-needed funds, contact us today.

For more information on how https://www.sellpropertyfastcash.co.uk can help you sell your house fast please visits our contact us page.

Sell Property Fast Cash,
Mclintocks,
Summer Lane,
Barnsley,
South Yorkshire,
S70 2NZ
Telephone:0800 68 99 42

We Buy Your House

Should I Buy a House in a Flood Zone?

Climate change will probably lead to increasingly unpredictable patterns across the UK. Areas that were once safe from flooding could become established flood zones over the course of the next century. And you need to know what it means for you as a homeowner.

Perhaps you already have your eyes on a home that’s located in an area known for flooding. While that relatively cheap asking price might be attractive, you could end up paying a lot more for the property in the long run.

Before you do anything, ask yourself: should I buy a house in a flood zone? We’ve put together a few tips to help you make the right decision.

What factors are causing the floods?

Buying a house in a flood zone isn’t always a recipe for disaster. You have to know what causes the floods before you can make an informed decision. Perhaps there’s a nearby river that’s prone to bursting its banks. Or maybe a coastal property is at risk of severe tidal surges.

Buying houses in flood zones

A major cause of urban flooding is inadequate drainage systems. You need to know what you’re dealing with so you can assess the risks and decide whether the bargain is worth it. You should also get an idea of what your building and contents insurance premiums will look like.

How prevalent is flooding in the UK?

According to The Environment Agency, around one in six properties is at a heightened risk of flooding. As a result, large swathes of countryside and coastal areas have been precluded from new house building projects. Unfortunately, some housebuilders continue to erect housing on known flood plains. Contact The Environment Agency if you have any concerns.

Areas of the UK are classified as anything from “high” to “very low” risk. This all depends on the area’s proximity to low-lying coastal areas, rivers, and known flood plains. Just remember that these areas are increasing in quantity and size. It’s worth checking the website regularly.

How does flooding affect home insurance?

Even areas at a slightly heightened risk of flooding attract higher-than-average insurance premiums. If you live somewhere that’s deemed “high risk”, there’s a good chance your insurer will request an “Insurance Related Request Letter”. This must be obtained from The Environment Agency. But getting the document could result in a substantial insurance discount.

Buying homes on flood plains — insurance

Are there additional costs involved?

The most obvious additional cost is the extra insurance premium you’ll need to pay. But that’s not all. Some insurers will refuse cover unless you make improvements that can mitigate the effects of flooding. You may also need to demonstrate to your insurer that you have contingency plans in place in case the worst happens. This might include access to a pump and a supply of sandbags.

What other flood prevention measures can I take?

There are certain things you can do to your harm that can reduce the effects of flooding. The simple steps to take include installing tiles instead of carpet and installing waterproof doors. Also, make sure that all your power points are several feet from the floor. Most builders install them just a few inches from the skirting boards. It’s also a good idea to fit non-return valves in all your drains.

Selling a home in a flood zone?

If you’ve already bought a home in a flood zone, you might be keen to cut your losses and sell. You’ll need to be honest about the risks to potential buyers. And it’s a good idea to keep written records of flooding events and the subsequent repairs you carried out.

But the merest hint of a flooding risk can make selling a house very difficult. If you’re in a hurry to sell a house in a known flood zone, a “we buy any house” firm such as SellPropertyFastCash can help. You get a fair market price based on the risks involved, and you don’t need to worry about time-consuming processes such as marketing and conveyancing.

For more information on how https://www.sellpropertyfastcash.co.uk can help you find cash buyers for your house please visits our contact us page.

Sell Property Fast Cash,
Mclintocks,
Summer Lane,
Barnsley,
South Yorkshire,
S70 2NZ
Telephone:0800 68 99 42

9 Things You Need to Know About Saving for a House Deposit

Since the housing crisis of 2018, banks have imposed a range of tighter restrictions on mortgage applications. The days of the zero per cent mortgage are long gone.

You’ll need a minimum of a five per cent deposit. And because house prices are at record levels, you’ll need several thousand pounds to be considered for a home loan.

Getting that kind of money together isn’t easy. It requires hard work, organisation and a lot of sacrifices.

To help you on the house buying path, we’ve put together 10 top savings tips for saving for a house deposit.

1. Cut back on your spending

To save tens of thousands of pounds, you’re going to need to stop the more frivolous aspects of your spending. Stop buying those morning coffees, and cut back on your trips to the local restaurant. Go through your bank statements, and look for opportunities to save money. The more frugal you are, the faster you’ll get your deposit together.

2. Open a savings account

Don’t leave the money you’ve saved sitting in your current account. You’ll always be tempted to spend it on frivolous things. Open a savings account, and transfer your spare cash into it as regularly as you can. And make sure you get a good rate of interest and tax-free savings with an ISA.

3. Set yourself goals

Saving for a house deposit

Set yourself monthly savings goals. Start a diary and set a realistic goal every month. But take into account any significant spending commitments you can’t avoid. By splitting your savings target into manageable chunks, you won’t lose heart when progress is slow.

4. Sell unwanted items

Go through all your possessions and set aside anything that you don’t need or want. Hit the local car boot sale to sell your cheaper, everyday items. If you have expensive items worth selling, list them on eBay or at local auctions. If you have a car to sell, list it on a car selling site, on Facebook or in the local newspaper.

5. Downsize your home

Renting a home in the UK is more expensive than ever. If you’re prepared to live in a smaller home or a less popular area, you might be able to save a lot of money every month. Downsize your rented house, and transfer the money you save every month into your savings account.

6. Create a spending budget

Don’t leave anything to chance. Create a monthly spending budget that includes all your essential outgoings. And be realistic. For example, never spending money on leisure activities and treats isn’t sustainable. Make space in your budget for these things.

7. Set up a standing order

Saving for a house deposit

Don’t let your bad memory get in the way of saving for a house deposit. Set up a standing order with your bank, so the money is transferred automatically every few weeks. Set the payment date to your payday, so the money leaves your current account before you can spend it.

8. Find an additional income

The quickest way to save a house deposit often involves increasing your income. Whether you ask for overtime at work, take in a lodger or find a second job, every little helps. Just make sure the extra money you make all goes into your savings.

9. Ask your parents

Buying a home in the UK is harder than ever for first-timers. House prices are higher than ever. And the average income precludes a lot of people from getting on the property ladder in their area. But asking the bank of mum and dad for help could be the answer. Whether this involves dipping into savings or an early inheritance, a gift or loan from a loved one can get you on the housing ladder fast.

If you’re disciplined and determined, there’s no reason why you can’t save for a house deposit in just a year or two.

For more information on how https://www.sellpropertyfastcash.co.uk can help you sell your house fast please visits our contact us page.

Sell Property Fast Cash,
Mclintocks,
Summer Lane,
Barnsley,
South Yorkshire,
S70 2NZ
Telephone:0800 68 99 42

We Buy Any Home

Do Broadband Speeds Affect House Prices?

Broadband speeds are still woefully low in many areas of the UK. People in rural areas are still struggling to get speeds that can handle streaming the likes of Netflix and Amazon Prime. And if you’re a homeowner affected by this issue, it might be doing damage to your property’s market value.

A 21st-century problem for homeowners

The traditional factors that affect house prices still apply today. Whether you have a large garden, the proximity of transport links and the performance of schools in the area all play a part in setting house prices.

But a relatively new factor at play is the average broadband speed in the neighbourhood. More and more of what we do requires a speedy connection to the Internet. If an area simply doesn’t have the infrastructure to support the necessary speeds, interest in homes there suffers. Put simply, fast broadband is non-negotiable for more and more house buyers.

According to Hyperoptic, the demand for superfast broadband continues to grow. A recent survey revealed that 60 per cent of the 3000 people questioned said that speedy Internet access was more important than having an extra bedroom.

Explore all the possibilities in your area

Do broadband speeds affect house prices?

If you’re in the process of selling your home, do everything you can to find a fast broadband service. While you might have to pay a little more than you’d like, the outlay could add thousands to the value of your home.

The Hyperoptic poll revealed that the respondents who prioritized fast broadband in potential homes were very likely to disregard a property that offers less than 9mbps. If your current broadband provider provides less than this, you stand to lose a lot of value in the open market.

But there’s good news — if you can find superfast broadband, that is. According to Hyperoptic, having a broadband speed over 100mbps could add up to £23,000 to the value of your home.

What’s the minimum broadband speed I need?

If you want to secure the average house price for your area, you’ll probably need to offer a minimum speed of 18mbps. If you live in a large town or a city, this shouldn’t be an issue. However, you might find that only one or two providers can deliver what you need — curtailing your options significantly.

Do broadband speeds affect house prices?

But if you live in the country, there’s a good chance you’re still connected to the Internet via old copper lines and antiquated telephone exchanges. If that’s the case, you’ll be lucky to find broadband speeds of 5mbps.

What can I do if there are no options?

Unfortunately, there’s not very much you can do if there isn’t any fast broadband infrastructure in your area. Reach out to all the major providers, and ask when (or if) they plan to increase speeds in the near future. Get your neighbours to do the same. If there’s a demand, a company will agree to install fibre-optic broadband in the area eventually.

Until then, you might have to settle for a slightly lower-than-average sale price. And if you can’t find a buyer because of your woeful Internet speeds, Flying Homes can buy your home for up to 100 per cent of its current market value.

For more information on how https://www.sellpropertyfastcash.co.uk can help you sell your house fast please visits our contact us page.

Sell Property Fast Cash,
Mclintocks,
Summer Lane,
Barnsley,
South Yorkshire,
S70 2NZ
Telephone:0800 68 99 42

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