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What Are the Benefits of Renting a House?

Most people would prefer to own their own home. Unfortunately, sky-high house prices and strict eligibility rules preclude millions from doing so. But what’s so bad about renting a home?

Depending on your circumstances and your plans for the future, renting might actually be the best option. Not convinced? Here are a few benefits that might change your mind.

Added flexibility

Renting a home gives you the flexibility to move on quickly. If you might have to relocate at short notice, this flexibility could be vital. You can also reduce your costs fast if your income suddenly falls.

Stability

If you sign a long lease, you can manage your finances without too much hassle. You have the peace of mind that comes from knowing how much your rent is each month. And even if the rent increases after the initial lease, you always have the option of moving out.

Benefits of renting a house

With a mortgage, an interest rate increase of just 2% can put your monthly finances under strain. If this is the case, you can sell your house fast by turning to Sell House Fast Cash. We buy houses in as few as seven days — helping you to reduce your outgoings as quickly as possible.

Maintenance and repairs

If you rent your home, you’re not liable for significant repairs and maintenance costs. Replacing a roof or a central heating system can be very expensive. If you own your home, the responsibility is yours. If you rent, your landlord must attend to the repairs as quickly as possible.

Move in for less

Most people in the UK need to find a 10% deposit in order to buy a home. And let’s face it; most people don’t have the £20,000 needed to cover the cost of purchasing the average home in Britain. But when you rent, you’re only likely to need a deposit and two months’ rent.

Less risky

If your employment status is less than solid, buying a house represents a big risk. If you lose your job or your income is suddenly reduced, falling into mortgage arrears becomes a serious possibility. And having your house repossessed seriously hinders your ability to obtain credit for several years afterwards.

Not only do you lose your home, but you also lose all the money you’ve invested in it. All the fees you incurred during the purchasing process are also wasted.

Moving away is easier

Benefits of renting a house

You never really know what it’s like to live in a house until you’ve tried it for a while. What happens if your neighbours cause you serious problems? What if your home just doesn’t “feel” right?

If you need to move away quickly, the process is faster and simpler when you’re renting. If you own your house, however, you have to find a buyer first. And the legal process is always subject to potential delays and issues.

If you decided to buy your home but now need to find a buyer quickly, Sell Property Fast Cash can help. We buy houses directly from owners around the UK. We work with partners to complete property purchases within just a few weeks. Contact us today to get the ball rolling on a free, no-obligation home valuation.

How Can I Sell My House Fast?

The average house sale takes around three to four months to complete. But if your local property market is depressed, the process can take considerably longer.

What happens if you need to sell a house fast? Perhaps you need to stop your lender repossessing your property? Maybe you need to relocate for a new job. Whatever the reason for needing a quick sale, you need to know what one looks like before you can achieve it.

Finding a buyer

This is often the most difficult part of selling a home. It involves marketing, property viewings and price negotiations. Some buyers may make an offer, then withdraw it soon after. Others will waste a lot of your time without making any offer at all.

Even when you’ve accepted an offer, the buyer needs time to instruct a conveyancer and arrange the necessary surveys and searches. This can leave you, as the seller, feeling helpless. The lack of certainty is difficult to manage when your future hinges on a speedy and profitable sale.

Sell my house fast

Then you have to complete the various questionnaires, obtain an Energy Performance Certificate and answer any questions the buyer might have. Make no mistake: this is a lengthy process. If you can get everything done within a month, you’re doing well.

And what happens if a survey highlights some problems with your home. You may have to make repairs or alterations before selling — costing you time and money you may not have.

Exchange of contracts

Once all of the necessary checks and paperwork are complete, a date can be set for the exchange of contracts. Once you’ve done this, there’s no going back.

But what happens if your buyer’s circumstances change before the contract exchange? Their property sale might fall through, or they might lose their job. You’re at the mercy of the buyer. If you need to sell your house quickly, there’s very little you can do to move things along.

Listing your home for sale is only the first stage of a long, drawn-out and unpredictable process. Almost anything can go wrong along the way. And if your house sale is delayed by just a few days, your plans for the future could be left in tatters.

Is there a way to sell a house faster?

The best way to guarantee a fast house sale is to bypass the property market altogether. This way, you don’t have to waste time on marketing, property viewings, negotiations and lengthy conveyancing processes.

Sell my house fast
But how do you avoid the property market when selling houses? The answer is simple: you sell to a national home buyer such as Sell Property Fast Cash. 

We work with partners across the UK to buy houses fast. If you accept our free, no-obligation offer, we might be able to exchange contracts with you within the week.

So, selling to a house buying company like Sell Property Fast Cash takes away a lot of the uncertainty and delay, so you can quickly sell your house. And you don’t have to worry about niggling repairs or renovations. We buy houses in any condition.

If you need a fast house sale, contact one of our property experts today. We never make promises we can’t keep, and we never reduce an initial offer at the last minute. And wherever possible, we aim to complete the purchase of a home within a month — often less.

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.

7 House Selling Tips for First-Time Sellers

If this is the first time you’ve sold a house, there are a few things you need to know about how the property market works. Or, more accurately, how the minds of buyers work.

There are several issues within your control that can speed up the house selling process. Give buyers what they’re looking for, and you can maximise interest in your property. This could be crucial if your future plans require a quick house sale.

Here are four house selling tips for first-time sellers.

1. Restrict access to pets

Pets can cause serious problems for homeowners looking for a quick sale. They leave hair and little messes everywhere. And although you might be immune to them, they leave their own odours wherever they go. It’s also worth remembering that a lot of people are intimidated by dogs and cats. Proceed with caution and keep your pets out of the way when you’re hosting property viewings.

2. Get the price right

This is crucial. If your asking price is too high, you’ll scare people off. And you simply won’t attract people to viewings. If the price is too low, however, you risk losing out on value. Research local house prices on sites like Zoopla and Rightmove. And ask the opinion of local estate agents. If you don’t get any interest within two weeks of listing your property for sale, consider lowering the price.

3. Tone things down

Natural decor for fast house sales

The idea behind property viewings is to give prospective buyers the chance to envision themselves living in your home. They won’t be able to do this if your personal photos, possessions and niche decorative choices dominate the property. Strip everything back to the basics. Neutralise the colour schemes, and keep personal items to a minimum. Create a blank canvas on which buyers can paint their own life story.

4. Keep storage spaces clean and tidy

Too many homeowners quickly stuff all their clutter into cupboards and hidden storage spaces when preparing to greet prospective buyers. But this is a big mistake. The storage space in your home is nearly as important as the main rooms.

Buyers will often ask to seek cupboards and other storage areas. After all, we all amass a lot of “stuff” over the years. Clean and tidy your storage areas as if they’re additional rooms. If these spaces are overloaded, consider sending them to a storage facility. Alternatively, ask a friend or relative to store your clutter for you until you find a buyer.

5. Deep clean

This goes back to the “creating a blank canvas” principle. Selling a house fast involves allowing buyers to envision themselves living there. If dirt and dust are present, they will take the focus away from what’s really important.

Perform a thorough deep clean of your entire house just before hosting your first viewing. Or if you have the money, hire a team of professional cleaners to give your property a showroom finish.

6. Harness light

Natural light sells houses

Light makes spaces feel bigger and brighter. And light, spacious rooms always impress buyers. Do your best to harness as much natural light as possible. Open all your curtains and blinds fully. And consider replacing thick curtains with something less intrusive. Keep your windows clean. And remove any obstructions that might stop light from flooding in.

Tip: Place large mirrors directly opposite windows to amplify the effects of natural light.

7. There’s nothing wrong with quick fixes

If your kitchen has seen better days, you don’t always need to replace it. Just attending to repairs and giving the room some fresh decor and accessories can transform it overnight.

For example, if your kitchen cupboards have seen better days, buy some cheap replacement doors. There’s often no need to replace the actual cupboards. Lay some new vinyl, which is a relatively cheap floor covering. And paint the walls a neutral colour. Look for quick fixes that don’t cost a lot to implement — they’re often just as effective as wholesale renovations

These seven tips should help you to sell your house fast. But if time is running out, we can help. Sell Property Fast Cash buys homes fast and without the hassle. We might be able to complete the purchase of your home and get the money into your account within just four weeks of making an offer.

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 House

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