Welcome to your monthly property update!




Why home staging is the way forward

 

Are you interested in speeding up your home’s sale while achieving a better selling price? Home staging could sell your home 3 times faster while adding 10% to its sale price.* There are many ways to move your home sale forward. Let's examine why home staging is a worthwhile endeavour, with a few tips to ensure its success. 

What is home staging? 

Home staging is all about presenting your home in its best possible light. This will attract more buyers and create those all-important excellent first impressions. Whether you hire a professional, consult your agent, or do it yourself, home staging makes each room of your home more desirable. Done correctly, photographs, 3D tours, and face-to-face viewings will create a real emotional connection with your potential buyers. 

How do I stage my home?

Decluttering rooms and arranging furniture in spacious layouts will allow your home’s rooms to appear fresh and clean. Refreshing the paintwork and repairing minor blemishes will help you achieve this. Once you complete these tasks, incorporate details like scented candles and flowers. Dressing bedrooms with crease-free linen and cushions, or the dining room with nice tableware, will set the scene. 

First impressions can be moving 

As soon as your potential buyers see your property, they start to make up their minds. Kerb appeal is vital, and creating this is relatively straight forward. A weed-free path, a well-presented front door, clean windows, neatly trimmed lawns, and tidy guttering are all cost-effective ways of helping buyers get that ‘love at first sight’ feeling. But don't stop there; create it as best you can throughout your home.

Flaunt your home’s features  

Following these tips allows your potential viewers to easily imagine living in your home. It’s important to make this happen effortlessly. Hiding your home’s features and asking your potential buyers to navigate their way through clutter or your personal belongings will not show your home in its best light. An attractive home attracts buyers, and if your home is ready to welcome new owners, it will reduce their stress levels. 

Low-cost with potentially high gains 

Home staging could achieve a staggering 586% ROI.** So spending a few hundred pounds on staging your home correctly could potentially lead to making thousands of pounds worth of gains. Spending a bit of time staging your home could more than likely reduce your selling time. So, the sooner you start, the better. A good first step is to create a to-do list that will break down the task of staging your home into manageable chunks.

 

Book a valuation and move forward with your move

Zoopla*
Worldmetrics.org**



Inheriting a property? Here’s everything you need to know

Inheriting property can be both a blessing and a challenge. Whether it's a cherished family home or an unexpected asset, navigating the legal, financial, and emotional aspects requires careful consideration. Here’s a comprehensive guide to help you understand the essentials when inheriting property.

The probate process

Before inheriting a property, the deceased’s estate typically goes through probate. This legal process confirms the validity of the will and appoints an executor to distribute assets, including property.

Inheritance tax

In the UK, inheritance tax (IHT) may apply to estates above a certain threshold. It's crucial to determine if the property is subject to IHT and understand any reliefs or exemptions that may apply.

Title deeds and ownership

Upon inheritance, you’ll need to transfer the property’s ownership. This involves updating the title deeds with the Land Registry, which ensures legal ownership rights.

Mortgage and financial responsibilities

If the property has an outstanding mortgage, you’ll need to address repayment options. Seek advice on handling financial obligations related to the property.

Wills and intestacy 

Whether there’s a valid will or not affects how the property is inherited. Understanding intestacy rules is crucial if there’s no will.

Executor’s role

Executors have legal responsibilities to administer the estate, including the property. They ensure debts are settled, taxes paid, and assets distributed as per the will.

Property valuation

Obtaining a professional valuation helps assess the property's market worth. This informs decisions on selling, renting, or retaining the property.

Family discussions

Inherited property can stir emotions and family dynamics. Open communication and clarity on intentions can help mitigate potential conflicts.

Maintenance and insurance

Property upkeep and insurance are ongoing responsibilities. Ensure the property is adequately maintained and insured to protect its value.

Selling or renting

Decide whether to sell, rent out, or occupy the property. Each option has financial and personal implications, so consider your long-term goals.

Seek professional advice

Navigating inherited property involves legal, financial, and personal considerations. Consulting with legal and financial professionals ensures you make informed decisions tailored to your circumstances.

 

For more advice, contact our expert team today



Six storage solutions to declutter before December arrives


As the year draws to a close and the festive season approaches, it’s common to feel the pressure of keeping your space tidy and organised.

But beyond simply creating a more comfortable living environment, decluttering and optimising storage can also have a significant impact on your property's value and appeal, which can help if you're considering selling in the new year.

Here are six storage solutions that not only help you manage your belongings but also enhance your home's marketability.

Loft space

With a bit of creativity, lofts can become a useful storage space and major selling point. By turning your loft into an organised, accessible storage solution, you can not only make your life much easier but also increase the value of your property. Installing sturdy shelving and proper flooring makes your loft a safe and practical place to store decorations, suitcases, or unused items. 

Built-in wardrobes

Freestanding wardrobes can be bulky and take up valuable floor space. A solution to this is installing a built-in wardrobe, which can be customised to fit your needs and bedroom designs. The sleek, modern look of built-in wardrobes also helps to increase property value, which is key if you decide to sell your property.

Under-stair storage

The space under the stairs is often overlooked, but it presents a great opportunity to create a clever storage solution. Installing pull-out drawers, shelving, or even a small coat cupboard can ensure you make the most of the space, making more room for furniture or festive decorations.

Organise kitchen cupboards

Kitchens can become cluttered with gadgets and ingredients, especially at Christmas time. Eating leftover snacks, discarding out-of-date ingredients, and organising your cabinets can help make cooking Christmas dinner and baking festive treats much easier.

Invest in bathroom storage

Bathrooms are often short on storage, so adding shelving, a vanity unit with drawers, or wall-mounted cabinets can transform your space. Keeping toiletries, towels, and cleaning products neatly stored away helps make even the smallest of bathrooms feel larger.

Outdoor storage solutions for garden essentials

If you have a garden, outdoor storage solutions are a must. A garden shed can help you neatly store tools, outdoor furniture, or children’s toys, leaving your garden looking tidy. Keeping the exterior of your property free of clutter improves kerb appeal and demonstrates to buyers that the outdoor space is low-maintenance, which could add value to your home.

 

Looking to sell? Book a valuation today to discover the value of your property



The guide to lighting your home right


When preparing your home for sale, lighting is often an overlooked but crucial factor. Good lighting can completely transform the look and feel of your space, making it appear brighter, larger, and more inviting. 

Here’s how to get your home’s lighting just right, ensuring that it looks its best to potential buyers.

Maximise natural light

Natural lighting is one of your home’s most valuable assets, and buyers will notice when there’s a lack of it. Make the most out of the daylight hours by cleaning your windows to allow as much light as possible to enter, using light curtains and blinds, and trimming outside foliage to prevent blocked sunlight.

Layer your lighting

Layered lighting involves using different light sources to create balance and depth in a room. Ambient lighting is the base, usually sourced through ceiling fixtures and standing lamps. Start by making sure your ambient lighting is bright enough to fill the room, but not overpowering.

Then you can layer with task lighting and accent lighting. While task lighting serves specific purposes such as illuminating cupboards and counters, accent lighting is purely for aesthetics. Finding the right balance of all three will create a space that feels warm and inviting, while also letting buyers know that your home’s design is well thought-out.

Choose the right bulbs

Not all light bulbs are created equal. The type and colour of light bulbs you choose can dramatically affect the atmosphere of your home. LED bulbs in particular are a great choice as they are energy efficient, last longer, and provide bright, even lighting that buyers will appreciate.

Highlight key features

Lighting can be used to draw attention to your home’s best features. For example, you could use accent lighting to highlight a feature wall, fireplace or art piece. If you have a kitchen island or breakfast bar, consider installing pendant lights above it to add style and enhance functionality. 

Use mirrors to reflect light

Strategically placed mirrors can help amplify the light in your home, making rooms appear brighter and more spacious. Hanging a large mirror on the wall opposite a window will reflect natural light around the room, which creates a visual illusion of a more expansive space. This trick is especially effective in small rooms and tight spaces like hallways and bathrooms.

Pay attention to outdoor lighting

The exterior of your home is the first thing buyers will see, so make sure it’s well-lit and noticeable to onlookers. Consider installing a warm, inviting light above or beside the front door to create a welcoming and inviting entrance.

Adding solar lights or low-level lighting along pathways, driveways, or garden features is another great way to enhance your kerb appeal while also improving safety. 

Consider smart lighting

In today’s tech-savvy world, smart lighting systems are becoming increasingly popular with buyers. These systems allow for control of lighting via a smartphone or voice commands, adding convenience and a modern touch. 

Set lights to turn on and off at specific times or control them remotely. This adds security and can be a real selling point for tech enthusiasts.

 

Is your home ready for the market? Book a valuation with our expert team today




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