NOVEMBER NEWSLETTER
Welcome to
our Wilkins Vardy November Newsletter!
We’re at
that “in between” time of year when frosts arrive and we all can’t believe how
Christmas will soon be upon us. Viewings remain steady with a good choice of
properties available and there are great buys to be had regardless of the
season. Don’t be put off by Santa’s imminent arrival - If you have a property
to sell contact us now, as buyers are always on the lookout for a property all
through the year, even when the temperature drops. The old adage that
everything stops now until Easter no longer applies; location, price and
condition are the crucial factors.
Keep warm!
Best Wishes
Julia
Julia
Coombs, Director
NOVEMBER’S TOP TIP
As estate
agents, we’re always very conscious of the potential damage caused by burst
pipes, and can’t remind you enough to take precautions to prevent disaster
happening to you. Read on and be prepared for the worst..
ANOTHER SUCCESS STORY – JOSH WHITAKER
DipREA!
Congratulations
to Josh on successfully completing the National Federation of Property
Professionals Diploma in Residential Estate Agency, to join the ranks of fully
qualified Wilkins Vardy Valuers.
Josh joined
us in 2009 under the apprenticeship scheme and despite our misgivings (only
joking!) continues to develop his knowledge and experience under our careful
guidance – well done from all your colleagues!
LOCATION, LOCATION, LOCATION
As Kirsty
and Phil always say, location is everything, particularly when considering
school catchment areas. Needless to say a good school doesn't come without a
price.
SUPERB FOUR BEDROOMED DETACHED
PROPERTY IN THE BROOKFIELD SCHOOL CATCHMENT
A real
stunner to whet your appetite – contact us for more properties in popular
school catchment areas.
TIM’S BLOG
More words
of wisdom from our very own Mortgage Man – how does he do it!
Tim Malia from Mortgage Advice Bureau
comments on why thinking the worst can pay off.
When are you likely to fall seriously
ill? More than half of Brits believe the average person making a critical
illness claim is over the age of 50. Just under a third say they would be 61 or
older.
In fact, the average age of a
critical illness claimant is 48, according to Legal & General research
published today. Given the typical first-time buyer now 37 years old, that
claimant is also likely to still be making repayments on a significantly large
mortgage.
Luckily, your average critical
illness claimant should be able to concentrate on getting better. As long as
they took out the right cover, the mortgage repayments should take care of
themselves.
But what about the borrowers who lack
protection? The same L&G survey found only 13% of Brits had critical
illness cover in place.
These days, borrowers cannot rely on
government support. The standard weekly rate for statutory sick pay is a mere
£85.85 per week – or £343.40 per month – and it only lasts for 28 weeks. An
employer may be more generous with their sick pay, but they don’t have to be.
By contrast, the average monthly
mortgage payment for someone with a 30% deposit is £580, according to a Halifax
study published earlier this year.
In other words, there are many people
who have saved up a deposit, found their dream home, taken out a mortgage – and
could risk losing it all if they suddenly fell ill.
Taking out a mortgage or remortgaging
offers borrowers a good opportunity to revisit their protection plans. Most
mortgage advisers will be able to help them put a financial safety net in place
if something goes wrong. Speaking to an adviser also allows borrowers to find
the type of cover that is suited to their individual needs.
Thinking about future problems might
not be quite as appealing as choosing a new home. But if illness does strike,
having no financial problems to worry about can only speed up the recovery.
Tim Malia is from Mortgage Advice
Bureau – for further information call: 07801 810782 Email:
timm@mab.org.uk
Your home may be repossessed if you
do not keep up repayments on your mortgage.There will be a fee for mortgage
advice. The actual amount you pay will depend upon your
circumstances. The fee is up to 1%, but a typical fee is 0.3% of the
amount borrowed.
The Bank of England’s governor, Mark Carney reassures us that interest rates are not predicted to rise in the foreseeable future, but how can he be so sure? Read his comments and decide for yourself.
NOVEMBER’S SPARKLING SALES!
It’s blow
our trumpet time again as Team WV continues to set a blistering pace in
achieving sales on newly marketed properties. Here is just a selection:
· 249 CHESTERFIELD ROAD, STAVELEY – on at £128,500
SOLD WITHIN 5 DAYS AND DUE TO COMPLETE 22 NOVEMBER!
· 176 MANOR ROAD, BRIMINGTON - on at £122,500
SOLD IN 9 DAYS!
· OLD ORCHARD LODGE, 6 ASHDOWN DRIVE, WALTON – on at £295,000
ACCEPTABLE OFFER RECEIVED WITHIN 13 DAYS!
· 30 SANFORTH STREET, CHESTERFIELD – on at £89,950
ACCEPTABLE OFFER RECEIVED WITHIN 11 DAYS!
· 90 BROOMFIELD AVENUE, HASLAND – on at £169,960
SOLD IN 9 DAYS!
· 12 SUTTON HALL ROAD, CARR VALE; 30 VALLEY ROAD, BOLSOVER; 171 SHEFFIELD
ROAD, CHESTERFIELD; ALL SOLD WITHIN 4 WEEKS! – the list
goes on….
JUST TO REMIND YOU
A WORD FROM DERBYSHIRE SURVEYORS
Derbyshire
Surveyors cover surveys and valuations on all kinds of residential property.
Below are just two examples of properties we have looked at this month.
The most
expensive property we have had the pleasure of surveying is a period farm house
in Foolow, Hope Valley.
This fine
property dates back to the 1700s, and has retained many of its original
features. The property stands in 2 acres and has a detached barn.
Due to the
age of the property a Building Survey was conducted, which is the most in-depth
survey we offer. Our service included a consultation over the telephone
with the client, to talk about their requirements and needs regarding the
property. The visual inspection would have then been completed along with
the surveyor communicating with our client on his findings and thoughts.
A valuation was prepared by the surveyor, which gave our client an opinion of
value, taking account of the repairs highlighted within the report.
The cheapest
property surveyed this month can be found on Sanforth Street, Whittington Moor,
Chesterfield. A two bedroom terraced which has been fully refurbished
inside.
We carried
out a HomeBuyer Report, which involves commenting on urgent and significant
defects the property may have. This survey helps people to understand any
structural issues and the condition of the property.
A valuation
was again carried out to ensure that the price of property is fair.
Whether
large or small, old or modern, Derbyshire Surveyors have the experience to
offer the correct type of survey for your needs.
If you are
considering having a survey on a property you are purchasing, please call 01246
246605 for a quote.
FINALLY, ON A TROPICAL THEME
While we all
shiver and run around the shops getting more and more frazzled as Christmas
approaches, spare a thought for our poor old Managing Director, Neil, who is
currently sunning himself for 5 WEEKS (!) in Australia, as a delayed
celebration for his 60th birthday earlier this year.
Maybe this
will set a precedent to have more than two weeks off in one go, but somehow I
don’t think he’ll agree with me.
Anyway, when
the cat’s away……..
See you next
month!
