Our new eBook and a landlords hat-trick

We have just competed the last part of a hat-trick for prospective landlords, particularly those near our office in Bromley in South-East London.

A little while ago we made public on You Tube our new video offering advice to people looking to become landlords and to let out one or more properties, below.

We followed this up with a blog post on the same subject, here.

Now, we have the hat-trick for new landlords completed with our new eBook, entitled So you want to be a Bromley landlord?

If you would like to receive a copy of this unique eBook and future similarly helpful emails, just email us at sam@edwardashdale.co.uk to receive it.

We won't be publishing our eBook anywhere else, though we will invite people to subscribe via email on our Facebook, Twitter and website.

We hope you enjoy it and if you have any questions or would like us to cover any additional points in this or any future communication, just let us know. We are, as always, here to help.

Best of all, why not drop by and ask us any questions you have in person? Our address is:

Edward Ashdale Estate Agents

58 Beckenham Lane

Bromley

BR2 0DQ

Or call: 0208 466 8445.

Facebook: www.facebook.com/Edward-Ashdale-Estate-Agents-204819466328261/?fref=ts

Twitter, @edwardashdale https://twitter.com/edwardashdale?lang=en-gb

Website: www.edwardashdale.com

You can view our earlier posts in our Index here. 

Kevin's Property Blog - February 2016

Kevin Spires, Senior Sales Executive at Edward Ashdale estate agents, shares his latest thoughts on the property market.

December saw the rate of annual house price rises increase from 11.2% in November to 12.4%. The average house price in London is now £514,097.

An average property in London now costs a staggering ten times the average salary, according to the London Housing Commission.

What rise will we see for London house prices in 2016?  The range of forecasts suggests prices will rise on average of 3%-6%.  We predict property prices property in Bromley will increase by an average 6%-8%. 

The London Housing Commission report for the Institute for Public Policy Research shows 500,000 new homes need to be built in the capital over the next 10 years to keep up with demand, but in the past 10 years only 194,000 were built. 

So with the lack of new homes being built and it looks like interest rates will stay unchanged for 2016 these are two strong indicators why house prices could rise at an average of 5% this year.

But a good argument against a continuous rise in house prices is that they cost a staggering eight to ten times (earnings) the average salary. Looks like we have a very interesting year ahead.

Kevin Spires, Senior Sales Executive, Edward Ashdale, February 2016

Please call 020 8466 8445 to book your FREE MARKET APPRAISAL

You can view our earlier posts in our Index here.

New landlord? Don't be nervous

We recently published a short video offering advice to new and prospective landlords. Sam Samuel talked about some considerations of importance to new landlords, from considering what property to purchase in the first place, to property maintenance and dealing with tenants.

After going over general points and potential risks, such as nuisance behaviour and rent arrears, Sam concludes that, with or without a managing agent such as Edward Ashdale, being a landlord can be a smooth-running and rewarding experience. 

However, Edward Ashdale are ready to help if an intermediary between landlord and tenant is needed to apply expertise and experience to ensure the letting out goes well and any emergencies are dealt with. In the case of a landlord with multiple tenants, such an arrangement could be even more valuable to ensure that the landlord has peace of mind that, whatever happens, any issues with his or her properties that arise are routinely dealt with effectively and efficiently.

You can view our earlier posts in our Index here.

Sam's Word 11: In the news again... and why shouldn't you be?

Sam's Word

We have blogged before about our being featured in the media as estate agents. Raising awareness of our brand and what we do, and getting people to understand that we are property experts who can be trusted, are important. That has taken us to appear in print, radio, online, and in social media in recent months.

This time, we have been featured by a leading property portal, OnTheMarket.com, when using our expertise to offer our view on a distressing topic, 'What to do when you’ve found a dream home and your buyer walks away'. 

So, if you have found your dream home - perhaps via our section on OnTheMarket.com - now you have some advice to deal with one of the many unfortunate situations a property move can produce. 

We were listening to a broadcast this week, and an estate agent was asked, 'Why use a high street estate agent and not one of the new online services?' They answered, 'Because these online services don't have the people with the experience to cope if things go wrong.' Food for thought. Yes, it is good to use the innovations and open access facilities such as Facebook (see below), but having your chosen, local property experts to conduct, guide or help at need during your property transactions is as important as it has ever been.

Among the things you can do to help yourself is, for example, raising awareness that you have a property for sale or to let. We use Facebook and Twitter and other social media to promote ourselves and our clients, but more is, well, more. You can use these yourself, if you feel confident to do so.

One word of warning, though. Don't make the mistake of indicating when your property is unoccupied, which could be an invitation to burglars or worse. You could share that you have a property for sale or to be let out and create a page with photo's and text. Using images from our brochure, taken by professional photographers, would be a sensible step. Your friends will see your page, and they may well share it with others, and a potential buyer or tenant might soon be knocking on your door enquiring. Even then, however, having a professional friend, such as Edward Ashdale, to ensure the correct sale or let process is followed, is important. A tenant should be vetted; a buyer's seriousness probed (nicely). 

You can also simply tell people you know that your property is for sale or to let and spread the word that way. Though an Edward Ashdale sign (or more than one) is a bit of a give away, and so it should be. 

Such word of mouth is, of course, very important, and it is a major way we pick up new clients. We're worth talking about and getting in the news, after all.

Sam Samuel, MNAEA CRLM,  January 2015

You can view our earlier posts in our Index here.