September Newsletter

September Newsletter

<span style="font-family: Arial, Helvetica; font-size: 18px; font-weight: bold; color: #211858;">What happens once your offer has been accepted?</span>

Maybe you have discovered the home of your dreams and your offer has been accepted? Or, maybe you are intrigued to know what will happen when you reach this stage?
To get things moving, here are four things you should do after your offer has been accepted:
Confirmation of acceptance
Once your offer is accepted, your estate agent will almost certainly contact you to congratulate you, and they will likely want to confirm a few details with you, to finalise the offer.
Generally, you will be expected to send confirmation for the following:
• You have enough funds to make the purchase
• A copy of your mortgage agreement in principle
• You have a solicitor or are actively attempting to obtain one
Get in touch with your solicitor
Instructing your solicitor as soon as possible is likely to assist in speeding up your purchase. If you have not already found a solicitor, request a recommendation from your estate agent.
At this point, your solicitor will begin conducting property checks and searches. Depending on the solicitor, they may require payment in advance for some services.
Completion of your mortgage application
You will need to submit a full application for your mortgage once your offer has been accepted, to apply for the specific amount of money you need to purchase the house.
If you are working with a mortgage professional, they will walk you through this procedure and inform you of the information you will need to provide.
Arrange a property survey
While surveys are not mandatory when purchasing a new house, they are a wise investment. Surveys can assist you in determining any present or prospective difficulties with the property. To arrange a survey, ask your estate agent to schedule a time with the sellers.
If you're still on the lookout for a new property, we may have what you need!
Check out our listings here or contact us with your needs for a home so we can help you find the right one.

<span style="font-family: Arial, Helvetica; font-size: 18px; font-weight: bold; color: #211858;">Three simple ways to speed up your sale</span>

When it comes to selling a property, the small details can make all the difference. While it's easy to spend a lot of money staging your property for showings, you don't have to do so to make it look new.
You can make your home look more appealing to buyers and be on the right track to a faster sale by showcasing the features your property already has, and doing a few simple things to brighten up the overall appearance.
Make the most of natural light
One of the nicest features a home can have is natural light.
Make sure your window ledges are clear and your curtains are fully open when viewings are scheduled. If you have the time, clean your windows as well.
These changes may seem small, but they can make a big difference.
Vacuum rugs and upholstery
Give your rugs, upholstery, and sofa cushions a good cleaning if you want your home to look brighter.
These items can become dirty over time, even if you do not notice it. You can make your room look brand new with a fast clean of the necessities. Plus, when buyers walk in, your place will smell amazing!
Repaint walls
One of the first things potential buyers will notice is the walls. The rooms in your home can easily appear larger and cleaner by using a bright, neutral colour.
If you are limited on time, use a magic eraser to wipe the walls clean. Dirt and imperfections can be completely removed with a few quick scrubs!
Thinking of selling your home? Contact our team today or get your valuation here.

<span style="font-size: 18px; font-weight: bold; background-color: #ffffff; color: #211858;">Lister Tye, Chelmsford</span>

This detached four-bedroom family residence is located in a prime location and has great access to local amenities. The current owners have spared no expense and the overall result is stunning.

Click here to read <span style="font-size: 18px; font-weight: bold; background-color: #ffffff; color: #211858;">Lister Tye, Chelmsford</span>.

<span style="font-family: Arial, Helvetica; font-size: 18px; font-weight: bold; color: #211858;">What happens after your offer has been accepted?</span>

You’ve found the house of your dreams, and your offer has been accepted. You’re itching to start your new life, but the process is turning into a marathon rather than a sprint. At this point, many buyers feel mystified. What’s the hold-up?
The first hurdle is the pre-contact stage. This can take anywhere between 1–3 months. During this time, your mortgage lender will carry out their own checks to make sure they can turn your Agreement in Principal into a concrete offer.
After this, the relevant contracts will be drawn up with the help of the seller, their conveyancer, and the Land Registry. Filling out forms incorrectly, or not having the right documents on hand can delay this process, so make sure you have your ducks in a row.
Once the contracts are ready, your conveyancer should organise a survey of the property. Delays may arise if any problems crop up, but there are ways around this, and being prepared is always the way forward!
Now it’s time to exchange contracts. At this point, you can agree on a completion date. This may take up to several weeks if you need time to access the money from your lender and sign any further documentation relating to the transfer. If you’re in a chain, you may also have to wait until the seller can leave.
With a move-in date on the horizon, you’ll have to sort your building insurance to protect your new home from the day you arrive. Where necessary, you must pay Stamp Duty tax, and you’ll need to notify the Land Registry to confirm your ownership, and ensure your conveyancer gives you the title deeds. Tying up these loose ends can take two weeks.
Overall, it takes six months on average to go from an accepted offer, to picking up the keys to your new home.
Having the right professionals on your side can make all the difference. When you buy or sell with us, our team can help you every step of the way. We offer advice, and work closely with you to ensure your transaction is as smooth and stress-free as possible.
Visit our website to learn more about how we can help.

<span style="font-family: Arial, Helvetica; font-size: 18px; font-weight: bold; color: #211858;">Sales being agreed in the quickest time since 2016</span>

In the last five years, there’s been a 42% drop in how long it takes to accept an offer on the average UK home.* This is a fall from 45 days back in 2016 to a mere 26 days in 2022 – less than a month!
However, specific periods still beat the average. While sales slow at the beginning of the year (54 days), houses fly off the shelves in April in just 36 days.** Bear in mind that we’d expect to see variations like this because the market tends to quieten over Christmas and during the summer holidays.
Different regions have also proven more in demand than others, which helps fuel speedy sales. In particular, the East Midlands, the East of England, and London are popular spots for buyers right now. Slower areas include Yorkshire and the Humber, the West Midlands, and Wales, but overall, houses across the country remain in high demand.
What does this news mean for you? Both buyers and sellers are benefiting from a quicker sale process, and with the market set to ramp up again in autumn, now is the perfect time to think about moving in time for Christmas.
If you’d like to take advantage of the favourable market conditions, why not contact us to book a valuation?
*According to an analysis of Zoopla’s listing data conducted by
**Average between 2016 to 2022.

<span style="font-family: Arial, Helvetica; font-size: 18px; font-weight: bold; color: #211858;">Reduce your energy bills with these money-saving tips</span>

The cost of living crisis has strained the budgets of most UK households, largely due to an alarming increase in energy prices. If your home isn’t energy efficient, it’s likely your bills have given you cause for concern in the past months.
Autumn and winter are fast approaching. So, whether you intend to stay put or move soon, the cost-cutting solutions below could be worth their weight in gold.
Knowledge is power
Energy bills can be confusing, so it’s worth ringing your provider to discuss anything unexpected, check the tariff you’re on, and go through your payment options. You may also be able to set up email reminders to prompt you to submit regular meter readings to avoid being charged for what you haven’t used.
Check your entitlement to financial help
The Warm Home Discount Scheme and Winter Fuel Payment can help pensioners and those on a low income pay their fuel bills. You can also claim tax relief if your job requires you to work from home, because you live far away from your office, or your employer doesn’t have one.
You also qualify for a 25% council tax discount if you’re the only adult living in your home. As well as this, certain households can apply for insulation, and heat pump grants, or funding for improvements under the Energy Company Obligation scheme.
Prevent heat leakages
An easy way to save money is by sealing any draughty spots around windows and doors. Think about installing double glazing and blocking up unused chimneys and vents. Increasing the insulation in the walls and loft will prevent heat from escaping too.
Avoid energy vampires
According to British Gas, leaving your devices plugged in unnecessarily and forgetting to switch off sockets when not in use can cost almost £150 a year. Consider installing heating controls and smart plugs to help you manage your usage at the touch of a button. Inefficient bulbs can also burn through your budget – so choose low-energy LEDs.
Check your boiler and radiators
Bleeding your radiators and installing thermostatic valves can prevent cold spots and air pockets, increasing the efficiency of your heating system. Likewise, if your boiler is running at too high a temperature or the pressure is off, you could be losing money. If in doubt, invite an expert to check your boiler’s settings and keep it regularly serviced.
If you’d like to know how improving your home's energy efficiency could increase its value, contact us today.

<span style="font-family: Arial, Helvetica; font-size: 18px; font-weight: bold; color: #211858;">Letting short-term? Here are the prime locations to invest</span>

Letting a home to the holiday market can be lucrative, especially in popular staycation destinations. A recent analysis found that short-term lets account for 7% of total homes across 15 of the nation’s tourist traps. *
Overall, the number of holiday lets has increased by 2.8% since 2019! This isn’t surprising considering the level of demand created by a reduction in the availability of foreign holidays during the pandemic. *
With chaotic scenes still unfolding in many of the UK’s airports and the rising cost of living putting off many from booking a trip aboard, the nation’s beauty spots, and traditional resorts look set to enjoy continued interest from holidaymakers.
Scarborough has seen the biggest hike in holiday lets – a rise of 2.3% since 2019. Ever-idyllic Cornwall still has the highest actual number of holiday properties, accounting for 7.4% of the total housing stock. At 6.1%, Dorset also remains extremely popular, with the number rising just above Cornwall (1.6% versus 1.2%). *
Of course, a high proportion of holiday lets in a single area can hurt the ability of local residents to find affordable homes to rent and buy, despite helping to boost the local economy by attracting tourists.
If this issue concerns you, letting your own home part-time or renting a separate property on your land could be a great way to earn extra income without impacting the ability of local workers who support tourist services to stay in the area.
If you’re planning to move to one of the popular spots we mentioned above, it may be worth considering properties that come with this potential. Whatever you choose to do, we’ve always got our ear to the ground for local properties that could suit your short-term letting goals.
Get in touch to learn more about how we can help you find or manage the perfect let.
*Property Reporter

<span style="font-weight: bold; font-size: 20px;"><span style="color: #211858; text-decoration: none;">New World Fest 2022</span></span>

New World Fest 2022 is still in the heart of Chelmsford, but we have moved to the more extensive site of Kings Farm (next door to Hylands Park)this year we bring you two days of dance music.
Date: 17th September 11:00am - 18th September 11:00pm

Click here to read <span style="font-weight: bold; font-size: 20px;"><span style="color: #211858; text-decoration: none;">New World Fest 2022</span></span>.