No-one wants their property to linger on the market. Not only does it delay when you can move to your new home but when properties take longer than average to sell it also affects their value, meaning you will not receive the best possible price for your property.

When a property has been on the market for a long time, many potential buyers assume there must be a serious problem with it. It’s only human to be put off of something that other people don’t like. When a property has been on the market for a longer period of time, many buyers feel that those buyers, who saw it but weren’t interested, must know something about the property that they don’t, and so many don’t even choose to go and see it.

Estate agents consider a listing to be ‘stale’ after 90 days. So what can you do if your property isn’t selling?

Good Neighbours

Sometimes the state of your neighbours’ properties can put potential buyers off. Make sure that you are diplomatic when discussing your concerns with your neighbours. Polite communication and collaboration can help to enhance your property’s kerb appeal and create a positive impression.

Parking Problems

Struggling to find a place to park can put viewers off. Eliminate this problem by either leaving your driveway free or by enlisting your neighbours’ help to ensure that there is a free space near your property whenever you have a viewing.

Timing is Important

Try to book viewings during daylight hours so that your property benefits from being bathed in flattering, natural light. Avoiding bin day and rush hour also ensures that your neighbourhood will be looking its best.

Create Competition

Booking two viewings next to each other creates a subconscious feeling of competition between the potential buyers and human nature means we always want what someone else has.

Price Properly

Zoopla conducted research on the effect of the initial price properties were listed for on their final sale price. They discovered that properties that were overpriced can take on average two months longer to sell than properties that start with a realistic sale price.

One of the key filters on property websites is price, so if your property is overpriced, fewer people are going to see it and those that do will be comparing it, likely unfavourably, to others in that price bracket.

Inevitably, you will have to lower your price as your property remains unsold. Buyers, however, are always more interested in seeing properties that are new to the market, as they believe that there must be something wrong with properties that have been on the market for a while.

Update your Listing

Ensure that your photos don’t date your listing. If they were taken in the summer consider asking your estate agent to retake them in order to ensure that they reflect the current season so your listing doesn’t look stale.

Share Interesting Details

Potential buyers often like to hear about the history of their potential future home so feel free to share any interesting stories that you have. Highlighting positive aspects of the neighbourhood can also help to create a positive, lasting impression.

Targeted Interactions

Ask your estate agent to gather information about potential buyers so that they can tailor the focus of their viewings accordingly.

Choose your Estate Agent Carefully

Choosing the right estate agent is the most important decision you will make when selling your property. The estate agent you choose will affect how long it takes to sell your property, how much your property will sell for and how smoothly the sale goes.

If you would like to know what we do to help ensure that the properties we sell in Hampstead do not linger on the market please give us a call on 020 7759 2199  or send an email to enquiries@vitaproperties.uk. 

Tenants decide to give notice for lots of reasons, many of which may have nothing to do with the property or their landlord. However, there are preventable factors that can lead to tenants handing in their notice.

Rent

Annual rent increases can exceed what a tenant is willing or able to pay. Ensure that any rent adjustments align with local market rates. Sometimes, avoiding a rental void while searching for a new tenant can be more financially beneficial than increasing rent.

Upsizing

Tenants may need to move to a larger property because their family is growing or due to other circumstances. While the size of your property can’t magically change, if you have a larger rental property available and you have good tenants then it can be worth mentioning the option to move into your larger rental property if you sense they are outgrowing their current home.

Neighbours

If your tenants are having problems with their neighbours then acting as a mediator can help to resolve disputes. Listen to both sides, and if necessary, discuss the issue with their landlord or involve the local council for severe problems like noise disturbances or anti-social behaviour.

Maintenance

Not fixing maintenance problems promptly or ignoring maintenance issues that tenants have reported can strain the landlord-tenant relationship. Resolve problems promptly to avoid losing good tenants. Regular inspections help identify issues early. If distance or time constraints are an issue, consider hiring a letting agent to manage your property for you.

Buying

If your tenants plan to buy a home, unless they are interested in purchasing your property, it’s a situation beyond your control. Wish them well and ask if they have friends in need of a rental property.

By proactively addressing the issues listed above, landlords can minimise tenant turnover and rental voids, creating a positive experience for both parties. We handle all aspects of property management. If you would to know how we can help you to manage your property in Hampstead please give us a call on 020 7759 2199 or send an email to enquiries@vitaproperties.uk. 

London is gearing up for a weekend filled with festive enchantment, theatrical wonders, musical delights, and a sing-along celebration. Here’s a glimpse into the captivating events that promise to make this weekend truly special.

Christmas Ice Discos

Date: 21st Dec to 12th Jan
Location: Alexandra Palace
Website: Christmas Ice Discos

Lace-up your skates and glide into the holiday spirit at Alexandra Palace’s Christmas Ice Discos. This iconic venue transforms into a winter wonderland, inviting both novice skaters and seasoned pros to revel in the joy of ice skating. With twinkling lights and a festive atmosphere, the ice discos promise a unique blend of fun and festive cheer. It’s an opportunity to showcase your skating skills or simply enjoy the icy ambiance surrounded by the stunning backdrop of Alexandra Palace.

You’re a Good Man, Charlie Brown!

Date: 21st Dec to 12th Jan
Location: Highgate Village, North London
Website: Upstairs at the Gatehouse

Upstairs at the Gatehouse is an award-winning Off West End theatre in Highgate, North London that offers intimate performances in a cosy setting. This weekend, the theatre presents a captivating show, ‘You’re a Good Man, Charlie Brown’.  Charlie Brown is five years old and trying his best. But things just don’t seem to go his way: his kite won’t fly, the Little Red-Haired Girl won’t look at him, and he’s not even sure his dog Snoopy likes him all that much! This delightful show urges us to find happiness in the everyday and serves as a reminder that we’re all just grown-up children trying our best to figure it out.

A Very Relaxed Christmas Come-and-Sing

Date: 22nd Dec
Location: Holy Trinity Church, Granville Road
Website: A very relaxed Christmas Come and Sing

Join in the festive merriment at “A Very Relaxed Christmas Come-and-Sing”. Hosted in Highgate, this community sing-along provides an opportunity for everyone, regardless of singing ability, to join together in a relaxed and festive atmosphere. Eily, the host and Andrew, the organist will take you through a crimbo catalogue of family favourites! With Christmas carols and cheerful tunes, it’s a heartwarming way to embrace the festive spirit and share musical joy with friends and neighbours.

Daria Kulesh & Marina Osman (Firebirds)

Date: 21st Dec
Location: Aces & Eights, Tufnell Park
Website: Daria Kulesh & Marina Osman (Firebirds)

This musical event promises a journey through diverse sounds and cultural influences. Daria’s exciting collaboration with the extraordinary Belarusian pianist Marina Osman (Folking Awards Musician of the Year 2019) offers a fantastic variety for every listener, ingeniously mixing languages, stories and musical styles from folk to classical, with a helping of jazz. Hosted by Folk and Roots, this event is a testament to the rich tapestry of musical expression found in London’s vibrant cultural scene.

Whether you’re twirling on the ice at Alexandra Palace, enjoying an intimate theatre performance at Upstairs at the Gatehouse, joining a festive sing-along in Highgate, or enjoying a musical journey, the city offers a diverse range of events to suit every taste. So, gather your friends, embrace the weekend spirit, and indulge in the cultural richness that London has to offer. Happy weekend exploring!

I think it’s fair to say that 2023 has been a rollercoaster year for everybody, as mortgage rates hit the highest we’ve ever seen since their record low, alongside a cost of living crisis. However, despite a tough year, the property industry has remained resilient. Of course, sales transactions and house prices have dropped slightly, but it’s not as extreme as what was predicted. And as the end of the year fast approaches, mortgage rates have started to slowly come down, which is an encouraging sign for potential buyers next year. Whilst it’s hard to predict what will happen in 2024, I believe that the market will continue to stabilise and maybe even improve going by the way activity has been for us in the last two weeks alone!

Here are some of our key highlights at Vita Properties this year…

SALES MARKET

At the beginning of the year, property transactions understandably slowed down, but from May, they seemed to increase considerably for us as confidence started to return to the market. In fact, in the last two weeks alone, we have had several offers accepted on our homes for sale. Overall, we have had a great year of sales for our vendors at Vita Properties, selling 25% more homes and buy-to-let investments when compared to this time last year. Hampstead, West & South Hampstead and St Johns Wood as ever continue to attract families due to the variety of schools and international schools on their doorstep. We are also working with more cash buyers who have realised that they are in a better buying position purchasing this way – both in terms of affordability and having an offer accepted. Many of our vendors have been prioritising cash buyers over those relying on a mortgage. This is because they are deemed less of a risk for pulling out of the sale.

Our Top 3 Sales

 Sold in 2 days over the asking price – St Johns Wood

This five-bedroom house in St Johns Wood was for sale at £3million. Being a good quality family home in a sought-after position, the house attracted a number of buyers, which led to competitive bidding and subsequently selling just two days post launch at 3.3% over the asking price. The buyer was a London based family who had spent the last three years trying to find the right home for them. They loved this house due to its position, being south facing and having off street parking.  View the property here.

Sold via a video call – Golders Green

This brand new semi-detached, five bedroom home is arranged over three floors and set behind its own gated drive. Designed by the renowned architectural firm XU with high quality materials and finishes throughout, a B EPC-rating and being seconds to Golders Green park and Tube Station, it had a lot to offer. The buyer was moving from Germany but was unable to travel. During the pandemic, like with many other estate agents, we embraced virtual tours and it’s something that we have continued to offer buyers, so we did various video calls with her and sold it sight unseen within 24 hours of the listing going live. View the property here.

Sold for a client we have worked with for 20 years – Buckingham Mansions

I have worked with the owner of this apartment in the BAM Estate for a long time, having let it out for them over the last twenty years. Earlier this year they decided it was time to sell. After making a few phone calls, we sold it for the asking price of £1.7million within three weeks of launch, to a couple who were moving from Marylebone.  View the property here.

LETTINGS MARKET

The lettings market has boomed in Hampstead, West & South Hampstead and St Johns Wood throughout 2023, fuelled by families, professionals and overseas students. The higher mortgage rates have also been boosting tenant demand as home ownership became more expensive. When looking at our new registered tenants across 2023, there has been a noticeable uptick – almost double. This has meant most of our rentals let within a week with budgets ranging from £500-£10,000 per week. In many cases this year, tenant demand was so competitive that they were over bidding, offering to pay six-twelve months rent in advance and even renting sight unseen in order to secure a home. This strong demand has put upwards pressure on rental prices this year as a result, by around 20%. Homes that let the fastest tend to be turnkey, have off street parking and a spare bedroom or study for working from home.

OUR TOP 3 LETS

Let to a famous footballer at almost £7,000 p/w – The Bishops Avenue

This stunning home on The Bishops Avenue has all the bells and whistles, so we were not surprised that a famous footballer snapped it up at full asking price. At £6,808/week (or £24,500 / month), the house boasts nine bedrooms, seven bathrooms, an indoor swimming pool, gymnasium, steam room, cinema room and a large beautifully landscaped garden. View the property here.

Let to a world-renowned newspaper – Shoreditch

Nestled amidst the vibrant energy of Shoreditch and the financial district of the City of London is this stunning three-bedroom penthouse with underfloor heating, gym, treatment room, library lounge, private terrace, two roof gardens and garden lounge. We acquired the penthouse for our client, before putting it on the rental market for over £8,600/month. We let it to a tenant who works for a world-renowned international newspaper. View the property here.

Let at £11k per week after we renovated it for the client – Primrose Hill

As part of our in-house design and refurb service which has become particularly popular with our landlords, we renovated and furnished this semi-detached Victorian villa in the heart of Primrose Hill for a client in order to enhance its rental potential in the short-let market. By doing so, we increased its rental value by 40% per annum. We let it quickly at £11,000 per week to the Director of a blue-chip company in the music industry. View the property here.

COMPANY NEWS

We added to our team this year, with the addition of Saira Ishfaq, Phoebe Knight, Chloe Tucker and Nouri Alexander, bringing our total team to eight. We have also invested in new marketing tools and state-of-the-art technologies, including a PR with Lucy Tinkler PR (https://www.lucytpr.com/about-me and who promote our homes in national and London media, a video production company Dreamweaver Group (https://www.wearedreamweaver.com)  and AI to improve and enhance the business. Our new broker model has also proved very successful and I look forward to rolling this out officially next year, along with news of another office and other additions to the team. So watch this space!

AND FINALLY…. MERRY CHRISTMAS & A HAPPY NEW YEAR!

May I take this opportunity to wish you a very Merry Christmas from all of us at Vita Properties. We look forward to working with you and meeting all your property needs next year.

Oliver

As the current year draws to a close, many people find themselves contemplating new beginnings, and for some, this may involve moving home. If you rent your home in Hampstead and are among those looking to make a fresh start in the New Year, now is the perfect time to start preparing for a smooth move. Here’s a comprehensive guide for tenants on what you should do now to help you get ready to move in the New Year.

Read your Tenancy Agreement

Check the terms regarding notice periods and any specific instructions related to the end of your tenancy. Understanding these details will prevent any hassle or surprises further down the line.

Speak to Your Landlord

Once you’ve decided you are going to move you should promptly inform your landlord of your intentions. Maintaining open communication ensures that everyone is on the same page and gives your landlord time to find a new tenant.

Start Looking Now

If you haven’t already found your next rental property, start your search as early as possible. Finding your ideal next home can take some time. Make sure that you are registered with local letting agents to ensure that you are one of the first to hear about any new properties that become available. Also use online platforms and word of mouth to help you find your new home.

Budget

There are lots of costs when moving home that many people forget about. Draft a budget that includes all potential expenses, such as packing materials, hiring movers.utility connections, and don’t forget to factor in any overlap in rent payments if your move-in date doesn’t align perfectly with the end of your current tenancy

Declutter and Pack Strategically

Moving is an excellent opportunity to declutter. Start packing non-essential items early, and label boxes clearly. This will make the unpacking process much smoother when you reach your new home.

Notify Utility Companies

Inform utility companies, internet service providers, and any other relevant services about your move. Schedule the disconnection of services at your current address and arrange for connections at your new home well in advance. This will avoid you having any gaps in provision for things, like internet.

Update Your Address

Update your address with your employer, and make sure that you notify your bank and any other institutions. Organising for Royal Mail to redirect your post can help avoid any post going astray and will let you discover which organisations you have forgotten to give your new address to

Make a Plan for Moving Day

Book professional movers well in advance or ask friends if they are willing to help. Make sure everything is packed and ready to go before moving day to avoid a last minute panic.

By taking these proactive steps, you can pave the way for a successful move in the New Year. Planning ahead and staying organised will make the whole process less stressful allowing you to have a positive start in your new home. Cheers to new beginnings and a smooth move!

If you would like to be added to our early bird list to ensure that you are one of the first to hear about our newest available properties in Hampstead please give us a call on 020 7759 2199  or send us an email to enquiries@vitaproperties.uk. 

London is set to dazzle this weekend. There are a variety of experiences on offer, from world-class equestrian performances to riverside dining, martini enchantment, and rooftop revelry. Here’s a glimpse into the captivating events that promise to make this weekend in the city truly special.

London International Horse Show

Date: 13th Dec to 18th Dec
Location: ExCel London
Website: The London International Horse Show

Prepare for a breathtaking display of equestrian excellence at the London International Horse Show. This event brings together top riders, majestic horses, and enthusiastic spectators for a spectacular showcase of show jumping, dressage, and more. The arena will come alive with the grace and power of these magnificent animals, creating a thrilling atmosphere that appeals to both equestrian enthusiasts and those seeking a unique day out.

Riverside Dining at Coppa Club, Tower Bridge

Date: Various Dates
Location: Three Quays Walk, Lower Thames Street
Website: Coppa Club

For a dining experience with a view, head to Coppa Club Tower Bridge. Nestled alongside the River Thames, this restaurant offers scenic riverside dining with panoramic views of several iconic London landmarks. Whether you’re enjoying the views from one of their luxurious heated igloos during the winter months or enjoying a meal on the terrace, the ambiance is as delightful as the culinary offerings. Treat yourself to a gastronomic journey with the South Bank’s stunning skyline as your backdrop. 

Sipsmith Martini Express

Date: 7th Nov to 3rd Dec
Location: Covent Garden, Westminster
Website: Sipsmith Gin

All aboard the Sipsmith Martini Express! During the day pop in, take a moment to lighten the load, and warm your hands with some Sipsmith winter warmers. In the evening take the opportunity to join a masterclasse where their expert mixologists will teach you the secrets to perfecting the ultimate martini. Hosted by Sipsmith, a pioneer in London’s gin renaissance, the Martini Express promises a thirst quenching experience on a beautifully restored 1950’s Bristol Bus which has been transformed into the ultimate mobile Martini hideaway. It’s a stylish and sophisticated way to elevate your weekend.

Queen of Hoxton Rooftop

Date: Various Dates
Location: Curtain Road
Website: Queen’s Masquerade Winter Terrace

This trendy venue transforms its rooftop into a vibrant and eclectic space, offering a unique blend of art, music, and urban charm. This winter they will transport you straight to Gothic Venice, with their latest rooftop theme of “Queen’s Masquerade.” Their signature wigwam is back, this time with a fantastical setting of feather masks, candelabras, chandeliers and drapes of velvet alongside hand-drawn murals. The Winter Terrace pop-up will offer hotcocktails and Venetian-style food to be enjoyed alfresco or within the cosy, heated wigwam.Gondola seating around outdoor fireplaces and a backdrop of iconic Shoreditch views create a magical winter experience!

Gather your friends, embrace the weekend spirit, and immerse yourself in the cultural richness that London has to offer. Happy weekend exploring!

‘Tis the season to be jolly, and what better way to embrace the festive spirit than by transforming your Hampstead home into a winter wonderland? If you are renting your home you might think that your decorating options are limited, but fear not! With a bit of creativity and some renter-friendly ideas, you can turn your space into a cosy Christmas haven without jeopardising your deposit.

Make a festive first impression

Add a festive wreath or a Christmassy doormat to your front door. These additions instantly set the tone for the season and require no permanent changes to your rental property.

Dress Up Windows

Adorn your windows with removable festive window clings or decals. Alternatively, consider hanging lightweight curtains in festive colours or patterns. This not only adds a touch of Christmas magic to your home but also provides an extra layer of insulation against the winter cold.

Command Strip Magic

These magical strips allow you to hang decorations without damaging your walls. String fairy lights around door frames, windows, or along shelves to create a warm and inviting ambiance. They can even be used to hang stockings, wreaths, or even lightweight ornaments.

O Christmas Tree

A beautiful Christmas tree is a magical addition to any room. Don’t limit yourself to just one! When it comes to decorating with Christmas trees, there are no rules—be creative! To add festive charm to your home consider putting little trees on your kitchen counter or mantelpiece. 

Make your Dining Room Table the Star

Spruce up your dining table with festive tablecloths, placemats, and napkins. This simple touch can instantly transform your dining room into a winter wonderland. Add a homemade centrepiece crafted from candles and seasonal foliage for the perfect final touch.

Festive Throw Pillows and Blankets

Swap out your normal cushions for some with festive patterns or quotes. A cosy, Christmassy blanket can help bring some hygge into your home. 

DIY Decorations

Get creative and make your own decorations to hang around your home. Consider using materials like ribbon, paper, or fabric to create unique decorations that won’t damage walls or surfaces. Hang them from hooks, knobs, or even the backs of chairs.

Candlelit Glow

Create a cosy ambiance with an array of candles. Choose flameless candles to be safe and place them in decorative holders or lanterns. The soft glow will add warmth and ambiance to your home. 

Merry Christmas and happy decorating!

We believe that letting properties successfully means happy landlords and happy tenants. If you would like to find out more about how we can make letting your property in Hampstead better for both you and your tenants please give us a call on 020 7759 2199 or send an email to enquiries@vitaproperties.uk.