The latest news from Greenaway Residential

The latest news from Greenaway Residential




Property market sees strongest January for 17 years

 
The red-hot property market of 2021 looks set to continue into 2022 after statistics show this January has been the strongest in the property market since 2005. 

Statistics from Nationwide have shown annual house price growth has risen by 11.2%, taking the average value of a property in the UK to £255,556 after the sixth consecutive month of monthly increases. 

December 2021 to January 2022 saw an increase of 0.8% increase month on month, further demonstrating the continual price growth. 

The stamp duty holiday scheme was a major driving force behind the statistics we are currently seeing, with property demand and high mortgage approval rates also playing their part. 

With stock levels in the property market down after the rush of making the stamp duty deadline last September, this has led to buyers sparking a bidding war for properties, driving property prices in the process. 

Not only are property prices increasing, but property transactions throughout 2021 also reached the highest since 2007. 

With the current market conditions suiting those wanting to sell, and Spring often being seen as the best time to sell a property, now is the time to act. 

Value your property this February.

 



Spring Preparation Checklist for Your Home

 
You’re longing for the first warm breeze. 

As spring approaches, you may be ready for a deep clean. So, how can you prepare your home for the longer days and milder nights?  

Here’s a simple checklist to get you started. 

Extract your vases 

Fresh flowers are such a treat, and now is an excellent time to bring them back into your house.  

Give your vases a thorough clean and replace any that seem worn. 

Store away your winter footwear 

Clean your winter shoes, then pack the toes gently with newspaper to keep them in shape.  

Don't discard shoe boxes after purchase; they make wonderful storage containers.  

Stack your winter shoes and boots in the back or top of your closet and bring your summer shoes and boots forward. 

Clean doors and windows 

You will want to make the most of the spring light, so be sure to clean your windows to create an airier feel in your home. 

Cleaning your door frames is also a simple way to brighten up your home’s interior.  

Get your garden ready 

As we head further into spring, it might be time to bring out the garden furniture.  

Tidy away any plants which have caught the winter frost.  

Clear any remaining winter debris – including build-up in the gutters – and tackle any essential repairs before you get distracted by weeding and mowing the lawn.  

Keeping your home in tip-top condition is also a good idea if you intend to sell soon.  

Not only will it be ready for a professional photoshoot, but you’ll also make a great first impression on your viewers too.  

Are you ready for a fresh start? Just give us a call on today for expert advice about prepping your home for its market debut.  

 



The Greenaway Foundation

The primary aim of The Greenaway Foundation is to help local financially challenged families.
 
Find out how you can get involved.

Click here to read The Greenaway Foundation.



Things to consider before putting your home on the market

 
Deciding to sell your most valuable asset – your home – is an exciting moment. It can also feel a little daunting. However, you can prepare your property for success, even before launching to the market. Have you ticked any of these steps off your list yet? 

1. Declutter 

The chances are you have collected plenty of unwanted items over the years – from clothes and shoes to defunct mobile phones and old paperwork. By decluttering now, you’ll not only save on moving boxes, but also make your home more appealing to viewers. 

 2. Spring clean 

Once floors, shelves, surfaces, and wardrobes are clear, pull out your furniture to dust and vacuum, hire a carpet cleaner, and make those bathrooms gleam. If you have pets, remove any tell-tale odours or hair from the carpets and sofas. 

3. Refresh your décor  

Neutral colours may seem boring, but they give viewers a blank canvas to adjust to their taste. As well as this, your home will also appear brighter and bigger. Pops of colour or designer wallpaper on a feature wall can add interest, but less is more. If your design scheme is already on point, just make sure you touch up any tired paintwork.  

4. Tackle the to-do list 

Leaky taps, cracked walls, chipped tiles, and loose fittings can give your home a neglected appearance. This could leave viewers wondering what other issues they may encounter once they move in. If necessary, hire a professional to complete any lingering projects.  

5. Assess the lighting 

Poor lighting can make the most charming room appear dark and uninviting. A few well-placed lamps can help – just remember to stock up on lightbulbs too. 

6. Prepare for viewings  

Help potential buyers imagine themselves in your home by paring back on personal items such as family photos, magazines, and toys. Get ready to stage your home too – think crisp prop towels for the bathroom, new linen and cushions for the bedrooms, and fresh flowers or houseplants. 

7. Boost kerb appeal 

We all know that first impressions count. If you have a front garden or drive, make sure it’s clear of debris and freshly weeded or mowed. Attend to any broken or missing roof tiles and damaged guttering, and think about cleaning windows and repainting the exterior. 

8. Consider storage options 

If you have a lot of furniture or treasured belongings, why not put some into storage? This will help you clear the decks and get your home ready for staging and viewings. It could also come in handy when you move. 

9. Research potential estate agents 

Now that you have given your home some TLC, it’s time to shortlist a few local estate agents. Pay attention to the marketing the agent provides for their current listings and follow your gut. While the big names may tempt you, don’t rule out smaller independents who may offer a more personal service. 

10. Get your home valued 

Before you make your final decision, it’s a good idea to invite a handful of agents to value your home in person. This is your chance to find an achievable price point for your property and get a feel for the people who will be representing it.  

Our team are always here for a no-obligation chat. Contact us today. 

 



How to purchase a buy-to-let property in 2022

 

If you're thinking about becoming a landlord, there’s a lot of things to think about and understand before you buy a property. 

The process of purchasing a buy-to-let home differs from purchasing a residential property for yourself, so it's important to know what to expect. 

Because our staff specialise in buy-to-let guidance, we've created a simple guide to buying a buy-to-let property. 

What is a buy-to-let? 

First and foremost, the fundamentals: A buy-to-let property is one that has been purchased with the idea of renting it out. 

A buy-to-let mortgage is different from a residential mortgage, and you'll need to apply for one if you can't afford to buy the house outright. 

When applying for a regular mortgage, your income is considered, however when applying for a buy-to-let loan, the lender considers the anticipated rental income as your major source of income, while your personal income is considered secondary. 

What type of property should you buy? 

The location of the property in relation to facilities and transportation, as well as the neighbourhood and demand in the area, are all key considerations. 

Just like you would when looking for a home, you should conduct thorough research into the area where you want your buy-to-let property to be placed. 

Consider the type of tenant you want to attract and include that into your research. 

Finding a property in the suburbs near decent schools is your best choice if you're wanting to rent to families. 

A home near a university, as well as good yet inexpensive restaurants and nightlife, is essential if you want to rent to students. 

Is it necessary to use a letting agent? 

This answer is contingent on your financial situation and the level of engagement you want in your buy-to-let property. 

You may not want to go via a letting agent or agency if you want to be a very hands-on landlord, but if you want to be more hands-off, it is a good idea to seek the services of a professional, experienced lettings firm. 

Credit checks on possible tenants, drafting a lease contract, chasing late rental payments for you, assisting with any on-site maintenance, and assisting with obligatory gas and energy safety and efficiency assessments are all services provided by letting agents like us. 

In general, if you're a budding landlord, using our lettings services will relieve you of a significant amount of stress! 

Contact our team of experts for specialist guidance on buying a buy-to-let property. 

 



VANCOUVER DRIVE, CRAWLEY, WEST SUSSEX , RH11

Greenaway Residential Crawley are delighted to bring to market his beautifully presented spacious two double bedroom semi-detached house is situated in the quiet cul-de-sac location within a mile of Crawley Town centre.
 
£330,000 FREEHOLD

Click here to read VANCOUVER DRIVE, CRAWLEY, WEST SUSSEX , RH11.



BETCHWORTH BUNGALOW, IFIELD ROAD, HORLEY, SURREY, RH6

Greenaway Residential Estate Agents are delighted to offer for sale with no onward chain this detached chalet bungalow which is located in the desirable village of Charlwood in Surrey.
 
GUIDE PRICE £650,000 FREEHOLD

Click here to read BETCHWORTH BUNGALOW, IFIELD ROAD, HORLEY, SURREY, RH6.