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Most lessees (nb not tenants) have the statutory right to purchase the freehold of their building, called Collective Enfranchisement, under the Commonhold and Leasehold Reform Act 2002.

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“Should I Sell During the Summer Holidays?”

 

Some sellers feel that if they have "missed" the spring market, they should wait until September before selling their property; but there are solid reasons for marketing your home during the summer, especially this year.

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According to e-surv, the average price of a home in England and Wales stood at £343,658 last month - up 0.5% on the previous month and 13.4% on the year, the highest year-on-year growth since 2004. We know the market has been flying – but could this be ambitious reporting designed to capture a headline? How can such incredible growth be achieved during a pandemic?

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Auctions have become recognised as the most effective way of selling a property decisively in the shortest possible period of time. Gone are the days of property auctions only being regarded as a sale of last resort; sellers are increasingly seeing some excellent results – for the following reasons:

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In this, our last of five articles in the series looking at the serious consequences of seeking to sell privately or through an internet-agency we look at the importance of the fact that buyers buy by comparison.

  1. DECIDING ON PRICE (PT.2)
  2. Notice Period Changes For Landlords – Summer 2021
  3. Deciding On Price (part one)
  4. REAL AGENCY (Pt.4)

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