Home / LonRes Sales Report. Sep-Nov 2023.

LonRes Sales Report. Sep-Nov 2023.

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Home / LonRes Lettings Report. Sep-Nov 2023

LonRes Lettings Report. Sep-Nov 2023

Home / Capitalise on the Boxing Day Boom to Sell your Property Fast!

Capitalise on the Boxing Day Boom to Sell your Property Fast!

Are you considering selling your property in Hampstead, but are thinking about waiting until January? While many sellers traditionally postpone listing their properties until after Christmas, there’s a golden opportunity to get a head start on selling your property in 2024 by preparing to sell now.

 

We have already witnessed an increase in homeowners seeking valuations compared to the same period last year. As more homeowners are gearing up to move, it looks like there is going to be a much bigger selection of properties for potential buyers to choose from in 2024.

So before the big rush begins these are the compelling reasons why preparing your home for sale before the festive season kicks in is a savvy move:

Capitalise on the ‘Boxing Day Boom’

Boxing Day is the unofficial start of 2024 in the property market. Each year witnesses a surge in property browsing on Rightmove during the post-Christmas festive period. Last Boxing Day visits to Rightmove rose by 54%, with over 51 million visits between Boxing Day and the first working day of the new year. Launching your property on Boxing Day means that you capitalise on this valuable time by enjoying lower competition and a five-fold increase in audience.

Capture Timeless Photographs

Still, planning to put your property on the market a few weeks into the new year? If you ask your estate agent to take photographs of your home before you put your Christmas decorations up then you will ensure that your listing doesn’t look dated if it is still on the market in February. Take advantage of the early December lull in the property market as it means estate agents have more time to meticulously prepare your home’s marketing.

 

Prepare Now, Sell When Ready

Getting your home ready to sell doesn’t mean that you have to start having viewings straight away. It’s like finishing your Christmas shopping early, you have the task completed but it doesn’t mean that you have to start using your marketing now. If you start now you can arrange your property valuation, instruct your estate agent, and finalise your property listing details at a pace that suits you. Then when you’re ready, your estate agent can swiftly put your home on the market.

Become a ‘Power-Buyer’

Putting your home on the market before Christmas and finding a buyer early in the New Year will make you a “power buyer.” Sellers always look more favourably on offers from people who have already secured an offer for their own property as you are in a good position to proceed. If you cannot find your ideal property don’t be afraid to consider selling and then renting while you look. Chain free buyers are highly desirable to sellers and this strategic move can help to put you ahead of the competition, especially if other offers are already on the table.

Don’t miss out on the surge in buyer activity during the festive period—act now for a successful sale in 2024! Contact us now to get the ball rolling on 020 7759 2199 or send an email to enquiries@vitaproperties.uk 

 

Home / What’s on in London this weekend

What’s on in London this weekend

London is poised for a weekend filled with diverse experiences, ranging from melodic tunes and hands-on crafts to secret concerts, festive markets, and a whimsical city made of gingerbread. Here’s a glimpse into the captivating events waiting to unfold.

Viva La Musica Latin Night

Date: 2nd Dec
Location: Luna Gin Bar, West Hampstead
Website: Viva La Música

Embark on a musical journey at Viva La Musica at Luna Gin Bar. This event promises an evening of soul-stirring melodies and rhythmic beats. Sip on exquisite gin concoctions, immerse yourself in the tunes and enjoy a harmonious start to the weekend.

 

Wreath Making

Date: 8th Dec
Location: Kenwood Dairy, Hampstead Heath
Website: Wreath Making 

Channel your creativity at this wreath making event hosted by Heath Hands. Located in the heart of Hampstead Heath, this hands-on workshop allows participants to craft their own festive wreaths. Dive into the world of seasonal foliage, colour, and textures as you create a personalised masterpiece. It’s a wonderful opportunity to craft a festive decoration for your front door whilst showcasing your artistic flair.

 

Sofar Sounds

Date: 2nd Dec
Location: Hampstead Heath
Website: Sofar Sounds

For those craving a unique and intimate musical encounter, Sofar Sounds promises an  immersive and personal secret concert experience. With the venue only disclosed at the last moment, these exclusive events feature emerging and established artists. Discover new sounds, enjoy live music, and relish the mystery of Sofar Sounds this weekend.

Wembley Park Festive Market

Date: 2nd Dec
Location: Wembley Park
Website: Wembley Park Festive Market

Wembley Park transforms into a winter wonderland during its Festive Market. Explore a bustling array of stalls offering seasonal treats and handcrafted gifts. The market is adorned with twinkling lights, creating a festive atmosphere that captures the magic of the season. Whether you’re shopping for unique gifts or indulging in winter treats, the Wembley Park Festive Market is a delightful destination for a weekend outing.

 

The Gingerbread City

Date: 2nd Dec to 7th Jan
Location: Westfield London
Website: The Gingerbread City®

 

Step into a world of whimsy at The Gingerbread City. This unique exhibition showcases intricate and edible architectural marvels created entirely from gingerbread. Located in London, the cityscape features sugary skyscrapers, candy-coated houses, and sweet streets. It’s a visual feast that delights visitors of all ages and offers a playful perspective on the art of architecture.

 

This weekend London beckons with an array of experiences to savour and enjoy. So, embrace the weekend with open arms and dive into the magic that awaits in the heart of our vibrant city.

 

Home / Are qualifications or experience more important when choosing a letting agent?

Are qualifications or experience more important when choosing a letting agent?

Studies have shown that most people have already chosen the letting agency they are going to use to let their property before the agent even sets foot in the property to do a valuation. So what is it that makes them decide on that agent, what can cause that agent to lose the potential rental listing and what should you be checking at a valuation?

 

During the time that a landlord spends deliberating over whether to engage a letting agent to manage their property they will have been observing the behaviour of their local letting agencies. How many ‘to let’ boards do they have around town; how quickly do those switch to ‘let’ signs; which agency is the largest; which one is most involved in the community or most active on social media. All of these things contribute to the near-foregone conclusion as to which agency they will choose to go with on valuation day.

Estate Agents Hampstead

Then finally the day comes when the decision is made to engage a letting agent to manage their property. The average number of valuations that a landlord will request before selecting an agency to go with is three. The agents turn up one by one. Logically it would make sense that two really need to wow the landlord to change their mind and the third simply needs to not do anything to put them off. However, both of those things are easier said than done. The reason is because while many people decide upon an agency to go with before a valuation they are actually just as likely to go with one of the other agents as they are to go with the one that they have chosen prior to them arriving.

 

So is it because of their qualifications?

It is worth noting that letting agents in the UK do not require any specific qualifications or licensing. Some may choose to undertake qualifications and that is always a good thing as you will know that they have taken the time to study and pass exams on the subject of letting your property which you may find reassuring if you choose them to manage yours. However, good grades don’t necessarily indicate that they are a good letting agent.

 

Is it their experience?

If they have been an letting agent for a while they will certainly have lots of experience dealing with any scenarios or problems that may arise while they are managing your property. It may make you feel comfortable to know that they have the knowledge and the experience to guide you through the entire process of letting your property. However, the length of time spent in a job doesn’t necessarily indicate that they are skilled at it.

real estate agents

Is it your gut feeling?

A little bit yes. After all, if you don’t like them then you certainly won’t want to be dealing with them for the foreseeable future! You also don’t want potential tenants being put off by a surly letting agent!

 

However, none of those things actually demonstrate that they are the best agent to manage your property. Instead, ask them about their marketing plan. How will they ensure that your property is seen by the maximum number of potential tenants? How will they be helping you to ensure that your property is let for the best price possible? How do they deal with any potential issues or concerns that tenants may raise? Ask them about local properties that they have let and ask how long it took for them to find tenants for them. Treat your valuation appointment like an interview to make sure that you select the best agent for the job of managing your property and then go with the agent whose plan you think is best.

 

If you would like a free no-obligation valuation of the rental price for your property in Hampstead and the chance to ask us why we think we are the best choice to manage your property in Hampstead please give us a call at 020 7759 2199 and we will be delighted to help.

 

Home / 5 Reasons Your Property in Hampstead Isn’t Selling

5 Reasons Your Property in Hampstead Isn’t Selling

In the ever-changing landscape of the Hampstead property market, selling your home can be a daunting task. Just over a year ago, properties practically flew off the market, and bidding wars were the order of the day, inflating prices to unimaginable heights. However, times have changed. The prevailing winds now blow in a different direction, characterised by higher mortgage rates, stagnating property values, and an air of economic uncertainty. In this challenging environment, the balance of power between sellers and buyers has unmistakably shifted.

 

Potential buyers have adopted a cautious ‘wait and see’ approach. Sellers, in turn, find themselves navigating turbulent waters, working diligently to secure offers at their desired prices. A worrying trend, known as gazundering, seems to be on the rise, adding to the woes of those trying to sell their properties.

 

The question on everyone’s lips is: Why do some homes stubbornly linger on the market while others find new owners with ease? There are several common pitfalls that sellers fall into, and the good news is that many of these can be rectified with the right approach. This blog will explore the five key areas where sellers might be missing the mark and explore what can be done to course-correct.

 

Estate Agent

Your choice of estate agent is one of the most crucial factors in successfully selling your home. Choose an estate agent who is dedicated to promoting your property to the right audience. Assess agent performance on metrics like average time to sell, consistent achievement of the asking price, and customer satisfaction. Avoid being swayed by agents promising the highest price or the lowest fees just to get you to sign on with them.

Price

Overpricing a property is the number one reason why it doesn’t sell. The frenzied price surges of 2021 are a distant memory; the market has cooled off. Sellers who stick to unrealistic price expectations risk their homes languishing on the market, deterring potential buyers. It’s essential to adjust to the new market reality and price your property in line with current conditions to avoid the disappointment of deals unravelling later due to mortgage application complications.

 

Preparation

Presenting your home in the best possible light is now more critical than ever. Beyond cleanliness and tidiness, it’s crucial to address minor maintenance issues that could deter potential buyers. A property with chipped paint, dirty windows, or an unkempt exterior can put buyers off as they worry that small maintenance issues are the tip of a hidden iceberg. In the current market, every detail matters. Decluttering, fixing up, and showcasing your property’s features can significantly enhance its appeal.

 

Photos

In an era where online property listings dominate, the quality of the photos on your property listing can have a huge effect on how many viewings your property gets. Professional, well-lit images showcasing every aspect of your property, both inside and out, can make a substantial difference. If your listing has been around for a while, consider updating the images to reflect the current season to avoid the telltale signs of a stagnant listing.

 

Presentation

Sometimes, the problem isn’t the house; it’s the owner. When attending viewings, sellers should strive to appear friendly, positive, and helpful. If you’re often present during viewings, it’s crucial to put your best foot forward. The seller’s attitude can be a stumbling block, making it essential to turn on the charm or let your estate agent handle viewings entirely.

In a market where the sands are continually shifting, success in selling your home hinges on adapting to these new realities. By choosing the right agent, pricing your property reasonably, preparing it effectively, showcasing it with high-quality photos, and presenting yourself positively during viewings, you can enhance your chances of achieving a successful sale in this challenging property market.

If you are struggling to sell your property in Hampstead, please give us a call or send us an email to enquiries@vitaproperties.uk. We will be happy to pop round and give you our honest advice on how you can make your property more attractive to potential buyers.

 

Home / What’s on in London this weekend

What’s on in London this weekend

London is set to become a playground of enchanting events this weekend. There’s theatrical magic, culinary delights, cosy pubs, and plenty of festive spirit for everyone. Here’s a sneak peek into the captivating experiences awaiting you this weekend.

 

Cinderella

Date: 18th Nov ‘23 to 16th Jan ‘24
Location: Lyric Hammersmith Theatre, King Street
Website: Cinderella – Lyric Hammersmith

Transport yourself to the enchanting world of Cinderella at the Lyric Hammersmith Theatre. This is the classic fairy tale you know and love with a modern twist. The Lyric Hammersmith is renowned for its innovative productions, and Cinderella is set to captivate audiences with its blend of whimsy, romance, and contemporary flair. It’s the perfect opportunity to immerse yourself in the magic of live theatre and embrace the festive season.

 

The Roebuck 

Date: Various Opening Hours
Location: Pond Street, NW3
Website: The Roebuck 

For those seeking culinary delights and a cosy atmosphere, The Roebuck is the go-to destination. The Roebuck is a traditional country pub located between Hampstead and Belsize Park. It offers a warm and inviting pub experience, complete with hearty dishes and a selection of beverages to enjoy. 

 

The Stag NW3

Date: Various Opening Hours
Location: Fleet Road
Website: The Stag

The Stag NW3 boasts a charming setting and a menu filled with delectable treats. Whether you’re looking for a leisurely brunch or a festive dinner, it provides the perfect escape from the hustle and bustle of North London. 

 

Hyde Park Winter Wonderland

Date: 17th Nov ‘23 to 1st Jan ‘24
Location: Hyde Park
Website: Hyde Park Winter Wonderland

Hyde Park Winter Wonderland transforms Hyde Park into a festive treat for all the family. , From thrilling rides and attractions to festive markets and an ice rink, Hyde Park Winter Wonderland has something for everyone. The park is adorned with twinkling lights, creating a magical ambiance that captures the spirit of the season. Whether you’re a fan of exhilarating rides or prefer to stroll through the festive markets, Hyde Park Winter Wonderland is a must-visit destination for anyone in search of a festive experience this weekend. 

 

Hampstead Heath Christmas Fayre

Date: Various Dates
Location: Lower Hampstead Heath, NW3
Website: Hampstead Heath Christmas Fayre

Embrace the fun of the festive season amidst the natural beauty of Hampstead Heath at Hampstead Heath Christmas Fayre. Organized by Parnham Funfairs, this event promises a blend of traditional fairground rides, fun stalls, and a festive atmosphere. 

 

Whether you choose the enchanting world of Cinderella, the culinary delights of Hampstead’s pubs, the festive playground of Hyde Park Winter Wonderland, or the charming Christmas Fayre on Hampstead Heath, the city is ready to stimulate your senses and fill your weekend with joy and wonder. So, gather your loved ones, make your plans, and set out to explore the magic of London this festive season.

 

Home / Lonres sales report. August-October 2023

Lonres sales report. August-October 2023

Home / LonRes Lettings report August-October 2023

LonRes Lettings report August-October 2023