The latest news from Wood & Pilcher

Welcome to our May newsletter - first and foremost we hope that all of our customers are staying safe in the current climate.

In this month's newsletter, we have put together some articles to help you get your property ready for sale, as well as introducing our new safety policies and highlighting the talent's of a local artist to immortalise your property.

Sell Your House, Step By Step

Are you looking to sell? Sometimes it’s hard knowing where exactly to start. Our step by step guide might look like a lot of information but it can really be a good reference point to help you during this process.

1. Work on your finances
With our mortgage valuation tool you can get an estimate of your property's worth.

2. Get an energy performance certificate
You will need one to provide to potential buyers.

3. Decide how much
Get to know your local market as this will help you decide on a price and what you can afford when looking for your next property.

4. Get a conveyancing solicitor
They handle the legal work.

Get an overview of how much conveyancing costs.

5. Fill out your paperwork
There is going to be a lot of it!

6. Accept an offer!
Congratulations, the estate agents legally must now pass all offers over to you.

Once you’re happy with the offer, formally accept.

7. Work on your draft contract
You and the buyer will have to negotiate-
• The length of time between exchange and completion.
• What fixtures and fittings will be including, and if they have a cost attached?
• Any survey discounts.

8. Contracts get exchanged
This is the process when you become legally committed to selling your property, and they become legally committed to buying from you.

When you sell the house, you are responsible for maintaining the property until the sale is fully complete.

9. Move out
It is less stressful to move out before the day of completion if possible.

Completion is when the property changes ownership. Once the keys have been handed over.

10. Pay of your mortgage

The mortgage company will have given you and the solicitor and outstanding amount for the day of completion.

Now the buyer has transferred the money that will essentially pay off the mortgage for you.

11. Settle with everyone
Once completion has been finalised, your conveyance solicitor will send you an overview covering all their costs, as well as outing the sale price.

If you’re buying and selling at the time, you can settle for both transactions at the same time.

There can sometimes be a small discrepancy and you may even get a little refund.

How To Minimise Deposit Disputes

When tenancies come to an end, there are sometimes disagreements between the tenant and the landlord regarding the deposit. If your deposit was paid after 6th April 2007 then it will be protected by the landlord in a secure scheme and won’t be able to be touched until the end of the agreement.

Deposit deductions are historically proven to cause friction. 20% of tenants who lost some of their deposit feel it was unreasonable. A huge 30% of tenancies end with some amount deducted from their deposit, out of which 13% lost the entire amount.

Some common reasons for deductions:

• Rent that hasn’t been paid
• Any bills that haven’t been settled
• Stolen or misplaced belongings
• Any direct damage to the property or its contents
• Lack of maintenance.

Of course, this is subjective to each individual contract, but honesty is the best policy. If you have broken something, it is always the better option to just be open about it. Inform your landlord and in most cases, they will understand and organise it to be taken care of.

Be thankful for your inventory report! Having your inventory report during the process of sorting out your deposit will make everyone’s life so much easier. You will have two inventory checks during your tenancy, one at the beginning and one before you move out. The report is a thoroughly detailed list that states the condition and contents of the property. Once the two checks have been completed, then it is very easy to see if there are any changes that need to be accounted for. This document will either cover your back or it will be used to prove you in fact did misplace or break something. Either way, necessary for both parties.

Welcome to Wood & Pilcher - Heathfield!

Welcome to Wood & Pilcher - Heathfield!

With over 60 years combined Estate Agency experience our Heathfield Branch are extremely well placed to provide a professional and comprehensive service to Clients and customers alike.

Our team is made up of the Business Partner -Ryan Eckhardt, Sales Manager – Mike Watkinson, Senior Negotiator – Josh Johnston, Negotiator – Melissa Marsh, Administrator Lisa Sharpington and weekender Paul Wiley.

All our staff either do, or have lived locally and have an excellent knowledge of the area.

Our Heathfield office work hand in hand with our other offices in Crowborough, Tunbridge Wells, Southborough and Tonbridge and are all fully linked using the latest Estate Agency Software and Technology.

Whether you are looking to sell your home, buy or rent an alternative property, we would be delighted to hear from you.

01435 862211 – Heathfield Office

Is Your Home as Good as it can be?

As part of the valuation process, agents should seek to provide details of properties similar to your own: either still available for viewing, or equally currently under offer. This approach will – broadly – show the many choices that your viewer has. It’s a logical progression that vendors should be always asking themselves will their house be offered at both the correct price and appropriate condition for it to stand out accordingly?

As Easter and a Spring market (thankfully!) approaches, all vendors will be well served to look at their properties afresh. Not as the owner of many years but instead as a buyer would consider the property.

People talk about kerb appeal and first impressions – does your home impress? Are the front gardens and driveway well maintained, grass under control and shrubs suitability pruned? Passing into the property, has a spring clean taken place? Is the property aired? Are the carpets cleaned (if necessary) and has there been an intelligent de-cluttering process going on to show new buyers that the house is perfectly big enough for them to live in?

Obviously, one can think of many improvements that can be made to one’s house and in this competitive world where people are seeking to sell quickly and for good prices, can you genuinely say your property is offered at its best and justify the appropriate asking figure? If you can’t do this then why would you expect a viewer to become a buyer?

On a personal level, we tried to sell a property some 5 years ago at a certain price with little interest. In truth, the colour scheme was terribly dated, and we needed to make changes. We spent a month visiting the property after work and painting the dramatically coloured walls a far more sober, simple, white. On re-marketing not only did the property go under offer very quickly but also at a figure some £20,000 higher that it had originally been on the market for.

For this month, our advice is to take a fresh look at your home. Is it as good as it can be? Are there affordable fixes that could be undertaken? If you go to the market once you have thought this through and seek to remedy any potential problems, experience tells us that you will not only sell quicker but also at a far more attractive price than you would have achieved without due consideration. Dust down those plantation shutters, open the windows,let some light in and take a cold, hard look at your home!.

Welcome to Heathfield!

Welcome to Wood & Pilcher - Heathfield!

With over 60 years combined Estate Agency experience our Heathfield Branch are extremely well placed to provide a professional and comprehensive service to Clients and customers alike.

All our staff either do, or have lived locally and have an excellent knowledge of the area.

Whether you are looking to sell your home, buy or rent an alternative property, we would be delighted to hear from you. 01435 862211 – Heathfield Office

The Comedy Club

The Comedy Club As Seen On TV is one of the most recognised and respected names in the comedy Industry and over 24 years has worked across the UK and Abroad with the best of the best.

Click here to read The Comedy Club.

Prosecco Cream Tea

Alongside your scone, jam and cream, you'll receive a mini bottle of chilled prosecco to enjoy and an additional lemon & orange shortbread. You'll also receive a voucher for a free hot drink.

Click here to read Prosecco Cream Tea.

After Hours Networking

Join us at the Discovery Park for our popular networking event. The informal atmosphere and relaxed environment is the ideal place to make connections.

Click here to read After Hours Networking.

How to prepare your property for sale

With demand for property prior to lockdown soaring, there are sure to be plenty of motivated buyers once restrictions are relaxed, therefore now is an ideal time to prepare your property for a quick sale.

Kerb appeal
As is always the case with selling properties, a first impression can make or break a sale with a poorly presented property often putting off buyers before they have even set foot in the home. In the summer this is especially important as buyers will often drive or walk past a property before they decide to book a viewing. With the summer sun shining a light on any less-than-perfect parts of the exterior of your property, you should ensure that flowers are planted, weeds are pruned and lawns are mowed. Extra attention to details, such as ensuring that the front door has been cleaned and the windows are streak-free will pay dividends in your selling process.

Accessories
A neutral interior will appeal to a mass market and increase the scope of your property in terms of potential buyers, but if you are looking to make the most of the summer then don’t be afraid of colour. Using accessories to add pops of colour around your home that reflect the brighter summer season – such as burnt orange and lemon – will make your property stand out from the crowd in those all-important photographs.

Lights
When we think of summer, we all first think of sunshine and brighter evenings – so make the most of this light when presenting your home for sale. Get rid of heavy curtains and dark blinds, which can make a room feel smaller and prevent the light from entering a room. Buyers want to feel that rooms are bright and spacious, so if at all possible have windows and doors open throughout the house to create a light, airy feeling (as well as bringing in those fresh summer scents).

Set dress
Set dressing refers to the arranging of a room or space in order to paint a picture of the kind of lifestyle which could be enjoyed in your property. Never is it more important to set dress your garden than throughout the summer months, with potential buyers wanting to know that they will be able to enjoy the outdoor space which your home provides. Tempt potential buyers by showing off your outdoor spaces with garden furniture, fire pits and barbecues.

Viewing times
During the summer months many people like to start work early and leave early in order to benefit from the longer evenings; make sure that you can accommodate as many viewings as possible by being flexible with your viewing times. Allowing people to view your home early in the morning, as well as in the afternoon will help bring more people through the door as well as showing off your property in favourable lighting.

Rental market in prime position to bounce back

The effects on the property market of Covid-19 are clear; with the general populous on lockdown there are bound to be fewer movements. However, new research from the Zoopla Rental Index has indicated that people are already making rental plans for once the lockdown period is over, a positive sign for the lettings market.

In the two weeks to 14th April, demand for rental property increased by almost a third, albeit this is following the downturn due to the coronavirus in March which saw a 57% fall in demand. Year on year, rents are up 2.4% which is largely in line with annual growth seen towards the end of 2019 and in February of this year. Essentially, we are seeing demand for rental properties growing much more quickly than for sales properties, and rents are holding steady in unfavourable conditions.

“The flexibility of the rental market is one of the key factors which has allowed activity to bounce back more quickly than other parts of the property market,” said Gráinne Gilmore, head of research, Zoopla. “The rise in demand in the first two weeks in April indicates that some tenants are already mapping out their next move.

“As with the whole housing market however, activity levels and rental growth will likely be closely aligned to the economic landscape of the UK once the lockdown eases and the immediate impact of Covid-19 starts to recede.

“Rental growth has increased steadily for the last 3 years as demand has increased in the face of dwindling new supply. However, If the responses to COVID-19 contribute to a rise in unemployment, as some official bodies have forecast, this will reduce the scope for any additional growth in rents. We expect growth to moderate this year, but to remain in positive territory.”

Hand Drawn Illustrations of your home

If you would like a unique illustration of your home to display proudly on a wall, hand-drawn in colour or black and white by a local artist, please contact Claire Carponen on clairecarponen@gmail.com or 07590844379 for more details.

Prices from £100 for an A4 giclee print on high quality archival fine art paper.

W: www.clairecarponen.com

I: @clairecarponenillustration

Covid 19 Health and Safety policy

At Wood & Pilcher as we return to our physical workplaces the most important factor is to continue to safeguard everyone who we work with and for. Please follow the link to our Health & Safety Policy in place for that very reason.

Click here to read Covid 19 Health and Safety policy.