Navigating Closing Dates in Scotland: What Families in Lanarkshire Need to Know
Navigating Closing Dates in Scotland: What Families in Lanarkshire Need to Know When it comes to buying or selling a property, navigating the closing date process can be a complex affair. This is especially true for families in Lanarkshire, where the real estate market is highly competitive. In order to ensure a smooth and successful transaction, it is important to understand the ins and outs of closing dates in Scotland. In this blog post, we will provide valuable information and expert advice to help families in Lanarkshire navigate the closing date process with confidence. Understanding Closing Dates in Scotland In Scotland, closing dates are common in property transactions. They are used to create a competitive bidding process, where potential buyers submit their highest and best offers by a specified deadline. The seller then reviews the offers and selects the most favorable one. It is worth noting that closing dates are not legally binding, and the seller is under no obligation to accept the highest offer. However, they are widely used to create a transparent and fair process for all parties involved. What is a Closing Date? In Scotland, a closing date is a deadline set by the seller's estate agent by which all offers for a property must be submitted. Think of it as a blind auction where interested parties do not know the value of other offers. This process is designed to ensure fairness and transparency, allowing sellers to consider all proposals before making a decision. How Do Closing Dates Work? When a property attracts significant interest, the seller's agent may set a closing date. This is often the case in a buoyant market where demand outstrips supply. Buyers must submit their offers in writing through their solicitor before the deadline. After the closing date, the seller will review all offers and decide which one to accept. It's not always the highest bid that wins; sellers may consider other factors such as the buyer's position or the proposed entry date. The Role of the Home Report A Home Report is a pack containing three documents – a Single Survey, an Energy Report, and a Property Questionnaire. It provides detailed information about the property's condition, valuation, and energy efficiency. In Scotland, sellers must provide a Home Report to potential buyers. Offering More Than the Home Report Value It's crucial for buyers to understand that if they offer more than the Home Report valuation, this additional amount cannot be mortgaged. Buyers must have the means to cover any excess with their funds. How to Avoid Closing Dates While closing dates can create a competitive environment that may drive up property prices, some buyers prefer to avoid this scenario. One strategy is to express interest in properties that have been on the market for a while or those with less marketing exposure. Additionally, making an attractive offer before a closing date is set can sometimes secure the property without entering a bidding war. Understanding the Role of Selling Agents and Market Conditions Selling agents play a pivotal role in the Scottish property market, particularly when it comes to managing the sale process under varying market conditions. In Lanarkshire, where the market can fluctuate based on economic circumstances and local demand, selling agents are the navigators who guide sellers through the complexities of setting closing dates. They analyze the average time properties spend on the market and advise on the optimal weeks to set for a closing date, ensuring that sellers capitalize on market conditions to get the best possible outcome. The Strategy Behind Bids and Final Offers In the Scottish system, prospective purchasers are often asked to submit their "best and final offer" by a specific deadline, typically around 12 noon on the day of the closing date. This system is designed to create a level playing field, where all bids are considered equally, without any being written off due to the timing of their submission. It's a practice that underscores the fairness ingrained in the Scottish approach to real estate transactions. Navigating the Scottish System with Lanarkshire Expertise The 12 noon Scottish system is a well-established tradition in the property market. Lanarkshire Law Estate Agents, with their deep roots in the local area and a thorough understanding of Scotland's unique property laws, are adept at guiding both sellers and buyers through this process. They ensure that all parties are well-informed and that every bid is given due consideration, reflecting the true value of the property and the circumstances of the buyers. Lanarkshire's Property Housing Market works in a simialr way as the Scottish Market as a Whole Lanarkshire's property market reflects the manner in which the Scottish housing market operates. Here, selling agents must be attuned to the nuances of local and national market conditions. They must balance the circumstances of their clients with the dynamics of the market, whether that means waiting additional weeks to gather more interest or advising on the acceptance of bids that reflect a property's true worth. In Lanarkshire, the goal is always to achieve a fair and satisfactory outcome for all parties involved, rooted in the rich traditions of the Scottish system. The Outcome of Closing Dates Once the seller accepts an offer, the buyer's solicitor is informed, and the sale moves forward. The legal process, known as concluding the missives, begins, culminating in a binding contract between the buyer and seller. For unsuccessful bidders, it's back to the property search, armed with the experience to navigate future closing dates better. Conclusion Closing dates are a distinctive feature of the Scottish real estate market, designed to manage multiple offers on a property fairly. While they can be competitive, understanding the process, the importance of the Home Report, and strategies to avoid closing dates can empower buyers and sellers alike. Lanarkshire Law Estate Agents stands ready to guide you through each step, ensuring a transparent and successful property transaction in Scotland.
10 Tips on Finding the Best Estate Agent in Scotland
In the rolling hills and bustling cities of Scotland, selling your home isn't just a transaction; it's a journey. As you embark on this journey, the estate agent you choose will play a pivotal role in ensuring you get the best deal and that the process runs smoothly. Whether you're nestled in the heart of Edinburgh or in the scenic beauty of the Highlands, our guide on "finding the best estate agent in Scotland" will prove invaluable. Read on for our top tips and remember, the right choice can make all the difference.Seek recommendations: Look at Trustpilot and Google Reviews. Also speak with family and friends who may hav esued local estate agents. Their first-hand experiences can provide you with invaluable insights.Ensure Scottish Industry Credentials: It's more than just a badge; it’s a sign of trust and professionalism. Always check for membership to leading industry bodies.Experience their Service: Witness their professionalism in action. How they treat potential buyers can give you insights into how they'll manage your sale.Get Multiple Valuations: Ensure you're getting a competitive yet realistic price by seeking multiple opinions.Inquire about Viewing Arrangements: The viewing process can make or break a sale. Clarify roles early on.Marketing and Promotion: From digital ads to traditional print, ensure your home gets maximum exposure.Check their Buyer Database: A ready list of potential buyers can expedite your sale.Understand the Scottish Property Scene: Knowledge of the unique Scottish legalities and market nuances is crucial.Assess Their Fees and Contract: Clear transparency upfront avoids complications down the road.Trust Your Gut: Intuition often proves more valuable than even the most glowing recommendations.Don't delay, make your move! If you're eager to get started and want to make the right choice, take action now. Begin your search, apply these tips, and connect with potential estate agents today.Scotland’s property landscape is as diverse as its history and culture. Making the right choice when finding the best estate agent in Scotland is paramount to a successful and satisfying home-selling experience. While this guide offers a comprehensive roadmap, the journey is yours to embark upon. Remember to do your research, ask questions, and stay engaged. Your dream estate agent is out there, ready to assist you every step of the way. Now, are you ready to take the leap? Want to chat? Call us now on 01698 441222
Making an offer for a home or property in Scotland
The Art of Making an Offer: A Guide to Buying a Home in Scotland Although there is lots of jargon surrounding the property market, it is worth getting your head around it. Taking the primary step to secure your dream home doesn't have to be difficult. How to make an offer for a property in Scotland Unlike making a formal offer in England, there are a variety of steps you've got to take before you'll put an offer on a property in Scotland. The process generally follows this sequence and timeline: Arrange a mortgage in theory Find a property you wish Choose your conveyancer or solicitor wisely Examine the Home Report Arrange property searches, however this is usually conducted by your solicitor Submit a 'note of interest' Confirm your affordability and finances Make your official offer Arrange a mortgage in theory A mortgage, in theory, may be a letter from a mortgage lender stating that they're happy to lend money to you (if a property meets the right criteria) along side an estimation of what proportion you'll, in theory, afford to borrow. Most people refer to this as an agreement in principle. Arranging a mortgage in theory demonstrates to sellers that you've got considered your financial situation and shows what proportion you'll afford to spend. Many sellers won't consider offers from buyers who can't show they're in the financial position to proceed. If you do not need a mortgage, you will need to be ready to demonstrate that you simply have the cash available to get the property outright (plus any additional fees like LBTT). Find a property you wish Once you recognize what proportion you'll spend, you'll start the fun part: finding your dream home. most of the people start their search on online property portals, or by lecture local estate agents. Signing up for alerts from a couple of different local estate agents will assist you get the primary check out new-to-market properties. Choose your conveyancer or solicitor wisely It's at now you ought to consider hiring a solicitor or conveyancer if you haven't already. you will need a solicitor if you propose on making a suggestion, and finding someone you would like to figure with early within the process will prevent rushing at the eleventh hour. It's worth shopping round for the simplest conveyancer you'll - they're going to be your negotiating representative, and are vital to making sure your sale goes ahead smoothly. A good example of this is. They have over 30 years conveyancing experience and they are very easy to instruct on your behalf. Examine the Home Report Once you've found a home you wish, request the house report from the realtor. you ought to look around this with your conveyancer. Pay particular attention to the results of the property survey, which can offer you insight into the condition of the property, and therefore the property valuation. Arrange property searches, however this is usually conducted by your solicitor If you're proud of everything within the home report, you'll now arrange searches on the property. Searches are investigations into the property and therefore the local area. These will provide information about the land the building sits on, and any local developments you would possibly want to remember of. for instance, an enquiry will allow you to determine if property is prone to flooding, or if there are plans to create a motorway near the house. You can do searches after submitting a formal offer, thus avoiding paying any search fees. However, this will make your offer less appealing to the vendor, particularly if there are other buyers interested. Ask your conveyancer for his or her advice before making a decision. Submit a 'note of interest' If you're satisfied of everything you've seen thus far, it's now the right time to notice your interest. A note of interest doesn't tie you into buying the property. It's simply a letter to the seller's solicitor saying that you want to be maintained so far with any developments associated with the property, like the setting of a 'closing date' (the deadline for sending formal offers). This letter are going to be submitted by your conveyancer. At now the seller's lawyer might disclose how many other notes of interest the property has received. You can use a local solicitor such as Nicolson Obrien Solicitors. Confirm your affordability and finances Once you've expressed your interest, it is time to verify your finances. Your mortgage provider will want to understand that the house you would like to shop for is well worth the amount you would like to borrow. Your lender may use the valuation provided within the home report, or they'll request an independent valuation. Make your official offer Once you've confirmed that you're going to be ready to borrow the cash you would like, you'll place an offer. In Scotland, instead of calling the estate agent, your solicitor will write a suggestion letter to the seller's solicitor or send this letter to the estate agent initially. If a deadline has been specified, the seller's solicitor will open all the offer letters on the required day. You ought to expect to receive a response shortly after. What should your offer include? Submitting your offer isn't as simple as telling the vendor what price you're willing to pay. Your conveyancer will have to send a formal letter, including the subsequent details: Property description Offer amount Proposed date of entry Any Extras? Conditions of sale Deadline for acceptance If your offer is accepted, the seller's conveyancer will reply with a letter of either 'qualified' or 'unqualified' acceptance. 'Qualified' acceptance means your offer has been provisionally accepted subject to some additional conditions. An 'unqualified' acceptance means your offer has been accepted as you presented it, with no extra conditions. You can use someone like Lanarkshire Law Practice Do you need a solicitor to form a suggestion on a property in Scotland? Yes, in Scotland, you've got to possess a solicitor so as to form an offer on a house. This is often because your offer letter is technically the primary basis of the missives which will eventually form the ultimate contract of the house sale. Verbal or informal offers sent directly from a buyer to a seller are impossible to be taken seriously. Formal or informal offers on a house are not legally binding in Scotland unless submitted by a solicitor. A property purchase in Scotland only becomes binding with the 'conclusion of missives'. Missives are letters between your conveyancer and therefore the seller's conveyancer, during which they negotiate the conditions of the property purchase. Your formal offer is technically the primary 'missive'. While on it's own, is not legally binding, it can quickly become so should you wish to proceed further with the property. If the seller's solicitor responds with an 'unqualified acceptance', agreeing to all or any the terms that you've got laid call at your offer letter, the acquisition will become legally binding. At now there'll be financial penalties for withdrawing. If it is a qualified acceptance, then it means they accept the offer depending on certain conditions. Therefore, you ought to only make an offer if you're prepared to be legally tied into the sale very quickly. If you're curious about buying a house, but aren't 100% sure that you're able to make an offer? Remember you can submit a 'note of interest'. Noting your interest doesn't oblige you to form a proper offer, however, you'll be maintained so far with any developments concerning the property sale, including interest from other buyers. this could offer you time to make a decision whether fixing a suggestion is true for you, before you commit. How much do you have to offer on a property marketed as 'offers over'? In Scotland, it's extremely common for a property seller to invite 'offers over' a particular selling price, unlike in England where it is common practice to offer below the asking price. Usually, properties are going to be priced competitively so as to draw in interest from variety of buyers. Then the vendor will set a 'closing date' by which all the interested buyers need to submit their best and final bids. These bids are normally sealed, so you will not skills much the opposite buyers are offering. this will cause buyers making offers that are much above the selling price. Before you submit your sealed bid, look around the valuation included within the home report carefully. Your mortgage lender is unlikely to permit you to borrow quite this amount - if you opt to supply over the valuation amount, you will need to form up the difference. you'll also want to think about the condition of the property & potential costs of repairs. If you're unsure what proportion this stuff will cost to require care of, request some estimates from independent tradespeople within the area. It also can be helpful to seem at property market trends within the local area. what proportion have recent similar properties sold for? How long did it deem other properties on the market to sell? This information can help to supply you a general sense of what's an inexpensive amount to offer. You could also use a web valuation tool to urge a fast estimate of what proportion the property is worth. Our free valuation tool combines data about recently sold properties in your area with information you input about the condition and unique features of the property. Combined with the house report valuation, and your mortgage lender's limitations, this estimate will offer you a way of what proportion is cheap to supply. Check it out here. Top tip: If no deadline has been specified on a property that's soliciting 'offers over', this might mean that no-one else has noted their interest. during this case, you'll be ready to negotiate a lower price with the vendor. What does 'fixed price' mean? If a property is marketed as 'fixed price', this suggests the customer will sell the property to the primary one that offers the selling price. In practice, it's actually slightly more complicated. the vendor isn't legally obligated to sell to the primary person to supply the complete selling price. they'll also take under consideration other things, sort of a buyer's financial position, or their requested 'date of entry'. a primary-time buyer without a sequence, that's ready to move in quickly, is probably going to be far more appealing to a seller than someone who must sell their current home before they will move. If you're unsure what proportion you ought to offer, ask your solicitor for advice. They'll be ready to provide support supported your personal financial situation. How important is that the 'date of entry'? The 'date of entry' is that the day that the cash is transferred to the vendor, and you'll be handed the keys to your new home. How important this is often to having your offer accepted will depend upon the seller's personal situation. Some sellers are going to be keen to manoeuvre on a specific day - perhaps they're starting a replacement job, or they're a part of a sequence and wish to sell before they will purchase their next house. If you are able to be flexible with the move date, ask the realtor about the seller's situation, and ask whether they're after anything especially. having the ability to compromise on the date of entry can cause you to a more attractive buyer and help your offer get accepted. We also have a Jargon buster to help you with some of the terms used by solicitors and estate agents . If you are looking for an estate agent in Lanarkshire or the surrounding areas: Bellshill, Coatbridge, Airdrie, Motherwell then look no further than Lanarkshire Law Estate Agents - www.LanarkshireEstateAgents.co.uk or call us now on 01698 441222. We also provide mortgage advice and information with one of our local mortgage brokers.
Looking for the best estate agents in Lanarkshire?
Estate Agents near Lanarkshire: A Complete Guide Are you a first-time home buyer in Lanarkshire looking for a comfortable family home? Finding the right estate agent can make all the difference in your property search. In this complete guide, we will explore the top estate agents near Lanarkshire, providing you with valuable information to help you make an informed decision. Why Choose a Local Estate Agent? When it comes to buying a home, working with a local estate agent has its advantages. They have in-depth knowledge of the local market, including property prices, trends, and amenities. Local estate agents also have a network of contacts, which can give you access to exclusive listings and potential off-market properties. Using estate agents near me in Lanarkshire provide local knowldge and insight. Top Estate Agents near Lanarkshire (in Alphabetical Order) Hemmings Homes - Established in 2015 Igloo - Established in 2007 Lanarkshire Law Estate Agents - Established 2020 Momo Homes - Established in 2018 Residence Estate Agents - Establihsed in 2012 Tips for Choosing the Right Estate Agent Research: Take the time to research different estate agents near Lanarkshire. Look for reviews, testimonials, and their track record in the industry. This will give you an idea of their reputation and reliability. Experience: Consider the experience of the estate agent. An experienced agent will have a better understanding of the local market and can provide valuable insights. Communication: Effective communication is key when working with an estate agent. Choose an agent who is responsive, listens to your needs, and keeps you updated throughout the buying process. Services Offered: Consider the range of services offered by the estate agent. Do they provide assistance with property viewings, negotiations, and legal processes? Ensure that their services align with your requirements. Conclusion Finding the right estate agent near Lanarkshire is crucial for a successful home buying experience. By considering the tips mentioned in this guide and exploring the top estate agents in the area, you can make an informed decision and find your dream family home. Happy house hunting! Additional Content: Property Valuation and Expert Property Services In addition to helping you find the perfect family home, estate agents near Lanarkshire also offer a range of property services, including property valuations. Whether you are looking to sell your current property or want to know the value of a potential investment, a property valuation can provide you with valuable insights. Property Valuation: Understanding the Worth of Your Property A property valuation is an assessment of the current market value of a property. It takes into account various factors such as location, size, condition, and recent sales of similar properties in the area. By obtaining a property valuation, you can have a realistic understanding of the worth of your property, which can be helpful when making important financial decisions. When choosing an estate agent near Lanarkshire for a property valuation, it is important to work with experts who have a deep understanding of the local market. Their knowledge and expertise will ensure that you receive an accurate valuation that reflects the true value of your property. Branch Locations: Conveniently Accessible Estate Agents To provide convenient access to their services, estate agents near Lanarkshire often have multiple branch locations. These branches serve as local hubs where you can visit to discuss your property needs, view listings, and seek expert advice. Having branch locations in different areas allows estate agents to have a wider reach and cater to clients across Lanarkshire. Free Property Valuation: A Valuable Service for Homeowners Many estate agents near Lanarkshire offer free property valuations as part of their services. This means that you can benefit from expert advice and an accurate valuation without any upfront cost. A free property valuation can be particularly useful if you are considering selling your property or want to understand its current market value. By taking advantage of a free property valuation, you can gain valuable insights into the worth of your property and make informed decisions about your next steps in the property market. Expert Property Services: Beyond Buying and Selling Houses Estate agents near Lanarkshire offer a wide range of expert property services to cater to the needs of homeowners and property investors. These services may include property management, rental services, property auctions, and more. By leveraging their expertise, you can receive comprehensive support and guidance throughout your property journey. Whether you are a first-time home buyer, a seasoned investor, or a homeowner looking to sell, estate agents near Lanarkshire can provide you with the expert property services you need to navigate the market with confidence. In conclusion, estate agents near Lanarkshire offer more than just assistance in buying and selling houses. They provide property valuations, have multiple branch locations for convenient access, offer free property valuations, and provide expert property services. By working with these professionals, you can benefit from their knowledge, experience, and attention to detail in all aspects of your property journey.
Tips to save on heating bills
As the nights draw in and the weather becomes cooler we all reach for the thermostat in order to provide respite from those chillier days. However, with energy bills soaring, we are all looking for ways to stay warm without breaking the bank. So here are our top 10 tips for keeping those heating bills down while still staying warm and cosy. 1.Shop around for the best tariff First stop for anyone aiming to reduce their heating bills is to check you are on the best tariff for your household. Many people sign up for a fixed rate tariff but then when the designated term of that tariff ends they forget or simply never get around to checking if there are better deals than the tariff they have been moved onto. If it all seems a bit confusing or you simply don't have time there are plenty of comparison websites that will do the legwork for you leaving you free to put your feet up and have a cuppa while they find you a better deal. 2.Turn your thermostat down Turning your thermostat down by even just 1° can shave 10% off of your bills! 3.Turn your heating off when you are out Heating an empty house is definitely a waste of money. Set the timer to come on just before you get home and you get to come home to a warm and cosy house without the expense of having heated it all day. 4.Buy a winter duvet I realise this is an upfront cost but the money it will save you makes it worth it. With the correct duvet for the season you won't feel any need to have the heating on at nighttime which is better for your wallet and better for your health. Studies have demonstrated that sleeping in a cool room can help you fall asleep faster, fight insomnia and help increase melatonin production. 5.Put on an extra layer Apologies for sounding like your dad but putting on an extra layer of clothing will help you to fight the chill and stop you from needing to turn up the thermostat. The key is layers, multiple thin layers will keep you warmer than one big jumper. 6.Only heat the room you're in When I was a child there was a sign stuck to the living room door of my friend's house. It literally said 'Warm room, keep door closed'. If you are going to be spending your whole evening in one room do you really need to heat your whole house? A portable heater can provide instant heat for a small room or an electric throw or blanket can provide enough warmth to avoid the need to turn the heating on. 7.Insulate your chimney Chimney balloons can be used to block draughts from the chimney cavity and then can be easily deflated when you would like to light a fire. If your fireplace is not in use then you can simply use newspaper or cardboard to block up the cavity and save yourself from cold draughts. 8.Line your curtains Thermal curtain lining can reduce heat loss from your windows by up to 25% and can also help to reduce draughts. If you are not particularly nimble with a sewing machine then fabric glue is an excellent solution to attach the thermal lining to the back of your curtains. 9.Add insulation Stop heat from escaping through your roof by making sure that you have sufficient insulation in your loft. Insulation is like a hat for your house and plays a key part in making sure that the heat you are paying for isn't literally floating off into the sky. 10.Have your boiler serviced Aside from the obvious safety benefits of ensuring that your boiler is in tip top condition, having a boiler that is working well will save you money on your heating bills.
Tips to update your home on a budget
Do you want to give your home a makeover but are worried about the cost? Try these budget-friendly ideas to help make your property the envy of all of your friends. Give your kitchen a makeover Kitchens are normally the most expensive room in the house to upgrade but giving your kitchen a makeover doesn't mean you have to replace all of the fittings and appliances. Just by changing a few things you can make your kitchen go from drab to fab without a huge price tag. A fresh coat of paint can completely transform a room. Whether you choose to paint your walls, your tiles or your kitchen cupboards a fresh coat of paint can make a big impact with a small budget. Replacing the flooring with vinyl tiles can really freshen up the feel of the room. Investing in matching appliances like toasters and kettles and making sure that they fit in with the colour scheme of the rest of your kitchen can stop your kitchen from looking tired and unloved. Replacing door and drawer handles with modern ones can help to stop your kitchen from looking dated. Bathroom on a budget Improving your bathroom doesn't have to cost the earth. There are some things you can do to refresh it on a budget. If your bathroom suite really needs replacing but the cost of a new one is out of your budget you can often find cheaper versions in trade stores or sometimes even on online marketplaces. There are lots of tiling tutorials online and new tiles or new vinyl flooring can transform a room. As with all rooms a fresh lick of paint can make the world of difference to a room. Don't forget to only use paint specifically made for bathrooms so that it can cope with the steam and humidity. Declutter Rooms that are full of clutter feel cramped and unwelcoming. Decluttering and making use of clever storage solutions can open up your home and make it feel much more spacious. Write on three boxes: keep, donate and rubbish. Then make a rule that until all three boxes are full you cannot empty any of them to create more space in them. There are plenty of clever storage ideas from wall mounted shoe racks to utilising the wasted space under the stairs by putting in useful drawers and shelves. Add some colour If you can't afford to redecorate your whole room but still want to give it an update then try adding a few new accessories. It also means that if you go off of them in a few months it is easy to remove them and try something else. Lamp shades are ideal for adding a touch of colour to a room and adding a new lamp can help to light up dim corners which will help your room to feel larger as well. If you can't afford to paint the whole room a feature wall is a less expensive way of changing the look of a room. A rug can add a focal point to a room and cover up old and tired flooring at the same time. If you are considering selling your property in Lanarkshire and would like another pair of eyes to give you an idea about the interior and the impact on the value of your property, please give us a call on 01698 441327.
Seven things not to do when buying a property
Many prospective homeowners are oblivious to things that can derail their home purchase. Here is our list of 7 things not to do if you are trying to purchase a property. Underestimating costs In addition to the purchase price of your property you need to take into account the cost of conveyancing fees, the price of surveys and moving costs. Don't forget when you move in you will need to pay for buildings & contents insurance and council tax as well. Not checking your credit score Your credit score is your financial CV and lenders use it to assess whether you are able to maintain repayments. Check your credit score and have any errors rectified before applying for a mortgage to ensure you minimise the chance of your application being rejected. Choosing the wrong solicitor Check your solicitor is on your mortgage lender's list of approved solicitors to avoid additional costs or even having to change solicitors. Most mortgage lenders have an approved list of solicitors that they will work with. Your solicitor will be required to complete the legal work for your lender during the conveyancing process. However, if your solicitor is not on their approved list, they will not be able to act for your mortgage lender. This can end up leading to the expense of a second solicitors' firm, who are on that list, needing to be employed to act on behalf of your lender. Not being on the electoral roll One of the easiest ways for lenders to verify your identity is to check the electoral roll. If you are not registered it may cause your application to take longer to process and your credit score may be affected as well. Not getting an agreement in principle The housing market is competitive. Sellers may choose to accept an offer from someone with an agreement in principle rather than waiting for you to contact a mortgage company. Running up lots of credit Taking on new debt may alter the state of your credit which may prevent you getting approved for your mortgage. Changing jobs Never change your job in the middle of purchasing a property. It can make your employment look unstable which makes you a weaker candidate to lenders. If you are looking to purchase a property in Lanarkshire please give us a call on 01698 441327 and we will add you to our early bird list so you can be one of the first people to hear about our new listings.
Simple storage solutions to banish clutter
So you've tried selling off your unused items, have taken everything that doesn't spark joy to the charity shop and yet you are still struggling to keep your home free of clutter. One of the main causes of clutter in a home is not having enough storage space or simply not having it in the right places. If you have spent time decluttering and yet still feel like your home is a disorganised mess then it's time to consider some nifty storage solutions. Hallway As the main entryway in and out of your home it is easy for discarded coats, bags and shoes to quickly build up. Consider investing in storage solutions so that there are easily accessible places to put these things away as soon as you enter your home. If you are worried about floorspace there are lots of wall-mounted shoe storage solutions available. If you have an overflowing shoe rack consider storing out of season shoes somewhere else until they are needed again. A few well placed hooks on the wall can be perfect for keeping coats and scarves safely stored off of the floor and a shelf mounted directly above them is perfect for storing accessories such as hats, gloves and sunglasses. Understairs Is the space under your stairs underused? Shelves and hooks can be used to turn that area into the perfect space to store anything from bikes to books and cleaning products to coats. Vertical Space If floor space is limited in your home consider using the vertical space to store your belongings. Wall mounted cabinets and shelves are ideal for keeping things off of the floor which can make a huge difference to how the space feels. Alcoves and recesses are perfect for popping small shelves in without there being any encroachment on your space. Ceiling Don't be afraid to hang storage from your ceiling. Hanging mesh storage baskets are ideal for keeping your little ones cuddly toys within reach but safely contained. Ceiling mounted pan racks provide the perfect place to keep your pots and pans off of the side when cupboard space is limited in the kitchen. Bedroom Underbed storage boxes are ideal for packing away out of season clothes and bedding. Storage boxes that match your decor are ideal for utilising the normally wasted space on top of your wardrobe. Attic This is the perfect space to store belongings that you don't use all of the time. You need to be careful to ensure that it is both well insulated and well ventilated to ensure that your belongings are protected from extreme temperatures and high levels of humidity. If you are decluttering your home to get it ready to go on the market in Lanarkshire please do give us a call on 01698 441327 and we will be delighted to give you a free no-obligation valuation.
How to choose the right estate agent for you?
Choosing an estate agent to sell your property can seem like a difficult task. There are so many available and of course, they all say that they are the best around! What should you consider when choosing which one to trust with selling your property? Local knowledge You wouldn't jump in a taxi with a driver who didn't know the local area, or at least you'd jump back out again quite quickly! You also shouldn't trust your property to an estate agent who doesn't understand the local market or who doesn't know the area well. Great estate agents know their community and already have a well-established database of potential buyers that they can use to make sure that your property is seen as quickly as possible by as many people as possible. Tech-savvy Newspapers, magazines and other forms of printed media should definitely form a part of the marketing plan for your property. However, estate agents who only use these and haven't embraced the benefits of online marketing, including social media, their own website and online property portals, will be putting you at a disadvantage when selling your property. This is because 78% of buyers begin their property search online so you need an estate agent who knows how to make sure your property is seen by them. Honesty When selling a property, you need an estate agent who will be honest with you, especially in the current market. Beware of agents who inflate their suggested asking price for your property with the expectation that they will drop it in a few weeks once you are tied into a contract with them. An honest estate agent will not hesitate to point out areas of your property that you could improve in order to increase your chances of a sale and are candid about things that should be taken into account when setting the asking price. Communication, communication, communication The estate agent that you choose will not only be the go between for you and your buyer but will also be your source of information concerning how viewings went and on the feedback from viewers. Choosing an agent who is a good and friendly communicator will make the whole process of selling your property much easier. Works for you It is your property. While a good estate agent will be able to give you advice concerning your property, a great estate agent will be able to tailor their advice based on your needs and wants because they will listen to them. Selling a property isn't a one size fits all experience, so you need an estate agent who is willing to listen and adapt to your needs. If you are thinking of selling your home in Lanarkshire then please give us a call on 01698 441327 and we will be delighted to chat to you about the reasons we believe that we fulfil all of those criteria.
October 2022 Market Report for Lanarkshire
The leaves are falling, the clocks have gone back and children, still hyped-up on sugar from their Halloween trick or treating, are now looking forward to this weekend's fireworks displays. November brings with it darker mornings and chillier nights and so comes thoughts of Christmas and the New Year. This inevitably focuses the minds of those who have been considering moving, as they consider whether their homes are too small or indeed too large for their needs. The looming New Year sparks thoughts of new beginnings and new homes so, despite the doom and gloom in the papers, life continues. People still move home and the property market continues to be busy. Let's have a brief look at what's been happening over the last month in the local property market around Lanarkshire. There are currently 687 properties available on the market in the area. The month prior there were 707, with 681 in August and 573 in July. The increasing numbers of available properties is perhaps indicative of the heat having left the market as properties aren't getting snapped up as fast as they were. Things are started to calm back down to normal levels and there is now more choice once again for buyers. There are also more properties coming onto the market each month. In July there were 348, in August 369, in September 376 and in October 299. This could explain the higher number of available properties as there were more to choose from. In October 271 sales were agreed, in September there were 355, in August there were 364, and in July 289 sales were agreed. As more properties come to the market, more sales are happening. Although the media has been talking about the market cooling, the local facts are that there is still a lot of activity. In July we saw 30 price reductions across the Lanarkshire property market as a whole. In August, this number jumped up to 51. There were 44 price reductions in September and 54 in October. This could imply that some sellers' or agents' expectations of what the market is prepared to pay are not in line with reality. In October there were 90 slow movers in the Lanarkshire area. This means a property that has been on the market for 12 weeks or more. This could be due to the market returning to more normal levels but expectations still being at the peak levels. In September there were 81, in August, there were 71 slow movers and in July, there were 49 slow movers on the market. Slow movers can often be due to the 3 Ps - presentation, promotion, or price. We are proud to be in the top 5 agents in the area with the smallest numbers of slow movers. Choosing the right agent for your property can make a very real difference to achieving your moving plans. In July, each property in the Lanarkshire area had average daily views on Rightmove per property of 189. In August, this number jumped up to 221, in September it settled back to 186 and in October it fell to 149. This is not unusual for this time of year with many families busy over half term and focused on Halloween activities and Bonfire night. The high levels of activity in the local Lanarkshire property market are likely to increase or at the very least, remain strong in the final quarter of the year. If you're looking for further information about the Lanarkshire property market, or if you're thinking of selling or buying in the area, please don't hesitate to get in touch. You can call 01698 441327 or email sales@lanarkshireestateagents.co.uk.
Six property maintenance jobs you should do now
Your property is one of the biggest financial commitments that you will ever make so it makes sense to make sure that you are doing everything you can to look after it. However many of us are guilty of putting off doing those annoying little jobs that aren't urgent enough to demand our immediate attention but still need doing. With that in mind I have made a list of six things that you should make time to attend to before these little jobs become big jobs. Windows In the face of soaring gas prices we are all trying to keep our gas usage down this year. As a result condensation and the mould it goes hand in hand with are more of a problem this year than ever before. Make sure that you wipe condensation off of your windows frequently in order to avoid giving mould the chance to grow. As window cleaners, sensibly, don't tend to work in icy weather make sure that you give your ground floor windows a quick wipe too to make sure that you are maximising the amount of natural light that can get into your property and to ensure that you are not looking out through dirty windows. Carpets Wiping paws and cleaning up the mess that muddy paws can leave straight after walks is the best way to stop it from becoming ingrained in your carpets. Don't forget to remove your own shoes at the door too. Having your carpets regularly cleaned is the best way to ensure that they stay in tip top condition. Paint Windowsills, front doors, stairs and bannisters are often subject to a lot of wear and tear. Giving them a quick lick of paint is a relatively quick and easy way to revitalise tired areas in your home and increase your property's kerb appeal. Gutters Windy weather can blow leaves, moss and autumn leaves into your gutters. They can cause blockages that can cause both damage and flooding so it is a good idea to ensure that you inspect these regularly and clear any blockages as necessary. Boiler Even if you are still managing to hold off turning the central heating on there will come a time when you need to switch it on this Winter. Make sure you don't get a nasty surprise by having your boiler serviced annually by a certified professional. Then you can relax, safe in the knowledge that you will have hot water and heating on tap whenever you want them. Garden Now is the time to put away your garden furniture so that it can be safely stored until Spring. Sweep your paths so that they are clear of slippy Autumn leaves, pull up any dead plants and tidy your shed. If you are considering putting your property on the market in Lanarkshire and would like some more advice on how to keep your property looking its best please give us a call on 01698 441327 and we will be happy to advise you.
Carbon Monoxide - The Silent Killer
Carbon monoxide is a colourless, odourless and flavourless gas. You cannot see it, smell it or taste it. Therefore, carbon monoxide alarms are essential in order to ensure that you are alerted to its presence in the air as early as possible. A recent study revealed that 36% of households in the UK do not have a carbon monoxide detector. While 52% of those without one are aware of what they are, they do not think that they need one. Carbon monoxide poisoning can make people seriously ill and can be fatal. It is important that everyone is aware of the warning signs and symptoms of a carbon monoxide leak. Carbon monoxide is formed during the burning of fossil fuels when combustion reactions are not completed and so the fuel fails to burn correctly. This can happen due to a lack of oxygen. Carbon monoxide gas is not poisonous. It prevents the uptake of oxygen in your body by attaching itself to your red blood cells. If you are exposed for long enough it can be fatal as it interferes with the delivery of oxygen in your entire body, which leads to you falling into a coma before death. Symptoms are often mistaken for the flu. They include headaches chest pain diarrhoea vomiting confusion dizziness blurred vision chest pains. Not everyone will experience all of these. It is possible for people who are asleep or drunk to pass away from carbon monoxide poisoning without experiencing any symptoms. Infants, the elderly, people with heart conditions and anyone with breathing problems are more at risk. According to the NHS sixty people die from carbon monoxide exposure every year. Warning signs of a carbon monoxide leak are Faulty pilot lights on gas appliances that burn orange or yellow (they should be blue) Pilot lights that appear floppy or regularly go out. Yellow-brown or sooty stains around an appliance Excessive condensation in a room where there is a fossil fuel burning appliance. Seeing or smelling smoke (while carbon monoxide is odourless and colourless smoke may sometimes accompany a leak and is certainly always worth being investigated) Excessive soot. In order to ensure that your family and your property are safe you should make sure that you do the following: Install carbon monoxide detectors in every room that contains a fossil fuel burning appliance. Have all gas appliances regularly serviced by a qualified gas safe engineer. (Gas Safe Register - The Official List of Gas Safe Registered Businesses) The Gas Safe Register has replaced CORGI registration. Don't cut corners, only use a Gas Safe registered engineer. Make sure that chimneys are regularly swept and flues are regularly cleaned and checked for blockages as good ventilation is essential. Avoid using tradespeople who cut corners when having working fireplaces swept or serviced or when having boilers and flues installed or serviced. Check carbon monoxide alarms regularly and repair or replace them as soon as you discover that they are faulty. we know that the safety and happiness of your family is your most important priority so if you are considering selling your property in Lanarkshire and would like a free no obligation valuation please do give us a call on 01698 441327.
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