It’s no secret, the past year has given way to a generation of ‘do it yourselfers.’ The pandemic saw people confined to their homes, taking on small projects to improve the space surrounding them day-in-day-out. In fact, it’s said that young adults under the age of 35 dominate the 29 billion dollar crafting industry.
Millennials, in particular, are bringing together technology, creativity and entrepreneurism as they take on more DIY projects. One such DIY project that many find appealing is that of selling your home privately, without the assistance of a knowledgeable estate agent.
Whilst we understand the money-saving appeal of selling a property privately, there are also a tonne of risk factors home-owners should be aware of before attempting this substantial DIY project.
Despite the economic uncertainty caused by the coronavirus pandemic, house prices are
continuing to rise and hit an all-time high in December of 2020.
However, with challenges such as Brexit, the end of the stamp duty holiday and a rise in unemployment, experts advise the market is expected to experience a fall.
The instability of the current property market has left a lot of us asking the same thing, is now a good time to sell my house?
When looking to flee the nest, many of us will find ourselves facing one difficult decision -
To buy or not to buy, that is the question!
Choosing whether to rent or to buy will likely be one of the biggest financial decisions you will ever make, so its important you get it right.
Making the right choice will depend largely on your personal circumstances, this includes your finances, employment status and relationship status. At Mr Homes, we suggest drafting a pro’s and con’s list, weighing up your decision, after all its you who’ll have to live with it.
When drafting your pro’s and con’s list it is important to consider the following factors.
It’s a question every landlord and every tenant will ask themselves at some point, should I rent via an estate agent or go private?
Here at Mr Homes we’ve found ourselves hearing an increasing number of horror stories surrounding private renting.
These horror stories are experienced by landlords and tenants alike, as they surrender the protection offered by regulated estate agents.
To help you spot the warning signs, we’ve put together a list of dangers to lookout for before deciding to rent/let privately.
Whether you’re buying your first home, or a seasoned investor, it’s very nearly impossible
to buy or sell a property without professional help. Even the experienced agents at Mr Homes couldn’t do it alone!
Whilst it isn’t a legal requirement to use a solicitor when buying a house, the enormous amount of legal and administrative work do require a qualified hand.
Mr Homes Estate Agents Ltd
253 Cowbridge Road West
02920 204 555