On Tuesday 30 May, David Coughlin, CEO National Residential and Landlord Sales Agency joined Paul Shamplina, Director of Partnerships at HFIS Group, as a guest speaker in LandlordZONE webinar  ‘Think properties are taking a while to sell on the market? Think again!’‘.

Watch now to hear them discussing the market conditions, the problems landlords face and what landlords can to do to react to challenging issues such as interest rates, the abolishment of Section 21s and EPC upgrades.

Continue reading Think Properties Are Taking A Long Time To Sell? Think Again! →

The advantage cash buyers have always held over house buyers needing a mortgage through an estate agent is in the speed they can complete.

Now  the average time it is taking  mortgage buyers to get a deal has almost doubled due to lenders being very, very cautious since interest rates have gone up and are expected to go up again, the advantage cash buyers have is even more persuasive.

To compound the problem for mortgage buyers, there are also huge delays in getting surveyors out to access properties. Of course cash buyers still need to do their due dilligence and also require surveys but they do not need to wait for lenders to review the surveys and any added delay makes cash buyer offers all the more attractive.

Continue reading Cash Is King →

From wanting to subsidize pensions to maintain a comfortable standard of living, to taking dream holidays, and/or raising cash to help family members in times of crisis; more and more people over the age of 55 are using wealth tied into the property they own to finance their life choices.

Most lenders now offer options such as Retirement Mortgages, Lifetime Mortgages, Drawdown Lifetime Mortgages, Pensioner Mortgages and Home Reversion Plans. They are aimed at people who want to raise cash from the equity in property without moving home but as people are living longer and/or taking retirement younger, they can all be very expensive options.

An alternative option that can be far cheaper and one that uses the wealth tied in a property rather than borrowing against it (as the options above do) is to downsize.

Here we look at the advantages and disadvantages of equity release compared to downsizing.
Continue reading Thinking Of A Retirement Mortgage or Other Form Of Equity Release? Read This First… →

Waiting for viewings can be a stressful, and despairing time. Buyers are expected to present their properties to get the most from viewings and are often encouraged to declutter and/or to depersonalise and/or to keep properties clinically clean for viewings. While all those suggestions are excellent (see below for more of the same), keeping a home in pristine condition can be expensive, time consuming and stressful. It’s no wonder most people would prefer lots of viewings in a short time frame than maintaining often impractical and inconvenient standards over prolonged periods because of a lack of viewings.

On average, it takes 15-20 viewings to sell a property if it is priced appropriately for the market*. Properties that are suitable for large numbers of people, priced correctly and advertised widely should attract 1 or 2 viewings per week most weeks of the year to achieve the UK average of 3 – 4 months to sell.

* If a property is priced too high, sellers may find they attract lots of viewings but do not receive any offers.

Continue reading Get More Viewings To Sell Your House Faster →

Are you looking for joint venture funding for your next property development?

Look no further… we want to talk to you!

​We have vast experience in buying and selling and developing property projects. We also have funds available to help experienced investors fund their projects. So long as you have a project with equity and value in it we can fund up to 100% of the costs to build or develop in return for an agreed share of the eventual profits.
 
Unlike banks and other lenders, we are not giving you a loan we will not carry out credit checks. So long as the project stacks up we will fund 100% of the costs in return for a share of the profits and take our security on the property.
 

If you can demonstrate you have experience and a sound asset/project we’ll fund up to 100% of the development costs and in return, we’ll agree a share of the profits on completion. It’s that simple

Continue reading Joint Venture Property Investing →

The problem: Broken House Chains

With over 10 years of specialising in selling property quickly, we do of course know the pitfalls that can derail any house sale – i.e. issues that cause chains to break resulting in everyone involved wasting time and money.

We also know that the average percentage of agreed sales that fall through is currently stands at almost 40% and unfortunately, the number is on the rise*.

Of course, any experienced estate agent also knows this but unlike most, we at National Residential do not accept that it is an ‘acceptable risk’  and/or unavoidable.

That is why we have tailored our sales process to minimise risk and maximise success. Our stats speak for them selves – due to our rigorous buyer approval procedures 95% of our agreed sales complete.

Continue reading Stop An Agreed Property Sale Collapsing →