How to sell your home quickly this Summer

How to sell your home quickly this Summer


In this month's edition, we're full of the joys of Summer as we offer our top tips to those wanting to sell their property quickly during this season. 

Elsewhere, the Government has relaxed planning laws that will make it far easier for homeowners to extend their properties, and finally, with all of the coverage dedicated to the contentious Tenant Fee Ban, we look at why the legislation could be a good thing for landlords. 


How to sell your home quickly this Summer

 
With plenty of buyers motivated to move before the winter months set in, Summer can be the perfect time to sell your property. If you’re selling, or considering selling, then read some of our pointers to help you sell quickly this Summer…

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 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 light.



Government relaxes planning laws around property extensions

 



Why the Tenants Fee Ban could be a good thing for landlords

 
From 1st June 2019, the Tenant Fee Ban has been in place in England which will make it illegal for landlords to charge lettings fees and with deposits now capped at a maximum of six weeks’ rent. Whilst this policy clearly aims to provide security to tenants, the benefits for landlords are also palpable, both in the short-term and long-term.

On average, individuals are forecast to save £400 per tenancy with the new legislation and tenants should be feeling more secure without the spectre of fees hanging over them. With further moves towards pro-tenant legislation put forward by the Government, such as the abolition of Section 21 evictions (encompassing evictions whereby no fault needs to be declared by the landlord), it is clear that rigour in the marketplace is a high priority for the Government. With the so-called “Generation Rent” of younger tenants now becoming a real electoral force, this pro-tenant legislature is expected to continue in order to curry favour with this sub-section of the electorate.

Scotland, which brought in similar legislation seven years ago, has proved that banning the fees will have very little effect overall on the market. While many have been concerned that the lost fees will be reflected in higher rental prices, for Scotland only 2% of landlords actually increased rents as a direct result of the ban.

For landlords, although on the surface some of the changes to the market may seem like a challenge, many will have already adapted their practices for the market. Longer tenancies, some as long as three years, are already common in the marketplace and offer the stability which the legislation is looking to implement. A longer tenancy is clearly beneficial for a landlord as there is a long period of guaranteed stable rental income, and with a longer tenancy often comes better preservation of the property as tenants will treat the property with better due care and attention.

For landlords, the lettings market as an entity is likely to change in the long term thanks to these legal changes, bringing a different demographic of renters who rent by choice rather than necessity due to the favourable tenant market. With a new demographic of renters with higher disposable incomes available, this could provide a new avenue for landlords who are looking to increase their rental yields.