Estate/Letting Agents covering Wapping
Hamilton & Cop Property Services,
37, Wapping
High Street, Wapping, London E1W 1NR, 020 7022111
Note: No
guarantee is made to the accuracy of these details.
TIPS
ON BUYING IN WAPPING
Estate Agents
Let your estate or letting agents in
Wapping know your needs - e-mail your Wapping Estate
Agent which is ideal for this.
Provide your estate agent with all your
contact details and e-mail addresses - if what you are
looking for comes on the market in Wapping you want to
be the first to know!
Work closely with the estate agents, they
have local knowledge of the property market and
house prices in Wapping.
Make them want to help you.
The Property
Work out your budget:
-
Standard lending ratios are usually
three times the principal earner's gross income plus
one times the second, or two and a half times joint
gross income.
-
Consider your existing equity,
savings, moving costs and your likely general credit
rating.
Decide what you want to buy. Make a wish
list of essential criteria:
-
Style, size, age, numbers of rooms,
garaging, parking, garden etc.
-
Still remain open-minded - lots of
people surprise themselves with what they end up
buying.
Consider the wider picture:
-
Location, communications, local
facilities, schools, clubs
-
Is this a long term move? How will
your property needs vary in future?
Viewing
Arrive in the area early to get a good
feel of the neighbourhood, and prepare any local
questions you may wish to ask.
Do not make an instant judgement. Do not
be influenced by the sociability of the vendors, their
taste in furnishings or the (un)tidiness.
Assess the accommodation that the
property provides.
Assess the general state of repair: Roof,
walls, windows and doors, plasterwork, wiring, plumbing
and heating, kitchen fittings and bathroom sanitary
ware.
Have improvements been carried out / will
they be required (e.g. double glazing, insulation, D.P.C.,
kitchen)?
Assess the neighbours, the street and the
general condition of other properties around - is this
street reliably steady, on the up, or going downhill?
Consider where the morning and evening
sun will be.
If you are interested try to revisit at a
different time on a different day when the area may be
busier.
Action for buying a house in Wapping
Buying a house can get stressful; get off
to a good start:
-
Print this checklist, take it with
you and make notes.
-
Press our 'one e-mail to all Wapping
Estate Agents' button now and get the best local
agents sending you details through - Do it now!
TIPS
ON SELLING IN WAPPING
The Estate Agent
Ask a few Wapping agents to value your
property. Be objective about what they say and do not be
unduly critical if is not what you wanted to hear!
Do not necessarily choose the agent with
the cheapest fee; you want your property advertised and
'sold properly' in all respects.
Choose an agent that belongs to a
professional body such as:
Read ALL the small print if you
decide to use a sole agent. Multiple agents could cost
you more, but may increase your chances of selling your
property.
State any fixtures and fittings to be
included in the sale.
Make it clear to the agent the minimum
value you are presently willing to accept from a buyer.
Your Property
Take a critical look at the outside and
inside of your home and decide what small items are
realistic to quickly improve.
The exterior of your home will be the
buyer's first impression. Ensure the garden is neat and
tidy, outside lights are clean and working, all fixtures
such as door handles are secure.
Prepare your home by cleaning, repainting
(if necessary) and completing any unfinished DIY job!
Create more space. Pack away, throw away or take to the
charity shop any unnecessary items and be ruthless. The
more you do now, the less cluttered your house will
look, and the less packing you will have to do when you
move.
Viewing
Arrange viewing at times that you can
realistically have the property looking good, kitchen
cleared, grass cut etc. The property needs to be tidy.
Create a nice atmosphere, pleasant
fragrances, and flowers and turn the television off. In
winter light any fires and have the heating at a
comfortable level. In summer open windows.
Be ready for questions about the
property, neighbours and the locality.
Be clear about your own reasons for
moving-on, time scales and flexibility.
Leave it to your agent do any serious
negotiating.
Action for selling property in Wapping
We have listed your main local agents.
E-mail them a request to contact you for initial
discussions about the possibility of them being chosen
to sell you property.
TIPS
ON RENTING IN WAPPING
-
Let lots of agents know what you are
looking for so you get a really good selection to
choose from.
-
Inform the agent of your criteria
(location, budget, furnished/unfurnished, occupation
date requirement, tenancy period and any other
aspects that are important to you).
-
Expect to pay a deposit of at least
one months rent, possibly more. Possibly some
administration charges.
-
You may be required to provide
references.
-
Ensure you read and understand the
tenancy agreement. The Citizens Advice Bureau may
check this for you. Clarify what is NOT included in
the rental fee, such as council tax, utility bills,
ground maintenance etc.
-
Examine the inventory prepared by the
agent and keep a copy.
-
Check restrictions: sub-letting, pets
etc. Can you redecorate?
-
Notify defects in writing as soon as
they become apparent (even if you do not want them
remedied).
-
Establish what is covered under
maintenance (boilers, refrigerators, radiators
etc.).
-
Usually, you will not have to deal
with the landlord directly. Should you have any
problems or queries, direct them to your agent
first.
-
Other issues to consider are,
parking, neighbours, noise levels, public transport
availability etc.
Action to rent a house or flat in Wapping
Notify all the main local agents by
sending 'one e-mail to all Letting Agents' with your
requirements. Do it now!
TIPS ON LETTING OUT YOUR PROPERTY IN WAPPING
Choose a letting agent that is registered
with one of the following:
-
The Association of Residential
Letting Agents (ARLA)
-
The National Approved Letting Scheme
(NALS)
-
The National Association of Estate
Agents (NAEA)
-
The Royal Institution of Chartered
Surveyors (RICS)
-
The UK Association of Letting Agents
(UKALA)
Get a good contract which will be the
Tenancy Agreement. Think about any restrictions you wish
to place on the tenant and the use of your property.
Try not to be too tough - if you exclude
smokers, pets, students, small children and short term
lets, you will narrow the market for your property
considerably.
Ask for a rent that is realistic and
affordable to your potential tenants. The big difference
in profit at the end of the year will be dependent upon
how long the property stood empty - reduce the voids!
Examine our 'buyers tips' for guidelines
on presenting the property in an attractive manner.
Action to let property in Wapping
Notify the local Letting Agents your
property is available and find out the likely rent that
could be attracted for your property.
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