Is it Time to Re-Mortgage?

Is it Time to Re-Mortgage?

We are aware many of you use our website with a plan to move within the next couple of years, others are here researching and wondering for a much longer term goal.  For anyone not moving right now it could be a good time to remortgage your current property, especially if you're worried about the interest rates, or your fixed rate mortgage has expired or the value of your property has significantly improved.  You need to do your research on your exit fees and like all finacial advice get some decent help.  The team at Life after London has been impressed by this new offering called Dynamo and are delighted to introduce you.  Even better you (and we!) could earn ourselves a little extra cash if you used them!  Check out the details and let me know what you think.    Is it time to re-mortgage Are you due to remortgage this year but not sure what to do next? If so, we might be able to help.     We are Dynamo, a brand new mortgage service, offering top quality regulated mortgage advice, with access to hundreds of different mortgage products from a wide range of lenders.  All Dynamo customers are allocated a dedicated Mortgage Expert who is committed to finding you the best deal for you, potentially saving you hundreds of pounds in the process. Our advice is completely impartial – and fee-free. It’s quick and easy to start your mortgage application, most of which can be done online from the comfort of your own home, or on your phone whilst you’re on the go. Remember to give...
Location, Location, Location? More like Preparation, Preparation, Preparation…

Location, Location, Location? More like Preparation, Preparation, Preparation…

  “If you think employing a professional is expensive, try employing an amateur”   When it comes to employing a solicitor to handle your conveyancing, this phrase rings especially true. When you buy or sell your property, you want complete confidence in the professional that you employ. After all, for most people, buying a property is the single biggest investment that they will make. This is precisely why it is money well spent to employ a solicitor who may not necessarily be the cheapest. The right solicitor can be the difference between a smooth, trouble-free house move and a time-consuming, stressful one. Break down the costs When considering which firm to employ, make sure you receive a full breakdown of costs. If they state that there could be additional costs, make sure you are aware of what these could be. For example, handling “Help to Buy ISAs” or completing SDLT returns may incur additional legal fees. These fees could see your overall fee being not too much less than a quote from a ‘pricier’ solicitor. Anticipating the unexpected Remember, in any conveyancing transaction there may be unanticipated costs. For example, the cost of obtaining an indemnity policy or, in leasehold purchase transactions, the costs of sending the Notice of Transfer to the Management Company. Many of these unanticipated fees are charged by third parties. Your solicitor should be able to advise you more fully once they have received the contract paperwork. Top tip for time saving Consider instructing a solicitor before finding a buyer for your property or a property to purchase. There are a number of processes that...

Choosing a Removal Company

Time and again on our Facebook group and via emails we are asked about removal companies so I'm delighted to share this article about choosing a removal company.  My own advice, to add, is to get a couple of quotes and don't always go for the cheapest.  Check references and it's worth talking to people such as Gentleman and a Van but also talk to removal companies in your new area as another option.  They must be used to London moves too, because negotiating London streets is no easy task! Questions to ask when deciding on a removal company Whether you are moving to the next door street, another city or even another country, choosing the right removal company can make all the difference when moving home. Here are some useful things to consider when choosing the right company. Do I need to use a removal company? Never underestimate the amount of physical and mental organisation it takes to move the contents of your home. Packing boxes is just the start but lugging boxes and furniture into and out of a van and up and down stairs can be exhausting and extremely time-consuming. Using a removal company will take this burden off your shoulders and free you up to concentrate on all the other things associated in moving. In the great scheme of things, removals is not the expensive part of moving home.   Do I need to get more than one quote? It’s always sensible to get two or three quotes from professional removal companies well in advance of your completion date. Don’t just take price into account,...

When should we move out of London?

Moving Out of London - Questions to Ask About Whether you Should Move and About When you Should Move   Should we move out of London? Is the thought of moving engulfing every waking hour? Some times when it's all you can think about, and dream about, you forget to consider the reality of the move.  Whilst we absolutely love supporting people as they move, we also want you to consider real life and the fact that the move doesn't solve all ills.  You need to get practical from the start - try to remove the rose-tinting just for the planning stage and think logistics and practicality for now.  Consider life now, and what it looks like out of London - whilst I don't want to put you off I do want you to get honest with yourselves.  Asking yourselves what you're trying to achieve might help focus the mind from the roses growing up the garden fence (or whatever it is you're dreaming about) Have all your friends left? At times it can feel like you're the last family standing and as such, it can drive you to question your whole London life.  Whilst the move may be right for your family, you need to try not to be overly influenced by friends.  We all love our friendship groups and it can be unnerving when the NCT group start to disperse, but moving at the right time for you is important, rather than just following the crowd.  The same goes for choosing the area - yes you listen to what the fresh-faced new life after Londoners tell you,...

Should we stay or should we go in this market

Time and again people spend years researching their move and then come to make the move and the market has done something crazy and changed from their expectation - not fitting with their plan.   The big question now is what should you do if you find yourself ready to move but unable to sell or not sure whether you should sell.    You have a couple of options for what to do if the market is not doing what you expected. Stay put for a few more years because we know historically these quiet moments don’t last Rent your house out and rent in the new area Sell your house and buy capitalising on the slower market and negotiating on the house  you’re buying Sell your house and rent   Stay Put and Wait Good idea You’re not fussed about moving out and have no major pulls for the move. Concerns to consider If you have school age children, there are better times to move than others for your children. You may feel like life is on hold which is unsettling. You may not be able to buy what you want when you do move. Waiting for the perfect moment can mean it never happens. Rent and Rent Good idea If you’re not 100% sure of the move itself it’s sensible to retain the option. Can give you a chance to ‘try out an area’ - try before you buy. Keeping a foot in the London property market is a safe long-term investment. You can choose to sell at a later date when the market is stronger. As...
How To Sell Your House in 2018

How To Sell Your House in 2018

  How to sell in a quiet market Choose your agent carefully - you want one who is proactive and really knows the market.  Don’t negotiate your fee so hard that it’s hardly worth them bothering selling.  Find an agent who is imaginative in their sales patter - make sure your property portal entry stands out from the crowd with a good headline and some more emotional patter instead of standard patter - “Arranged over three floors, the ground floor comprises reception room with bay window and a feature fireplace, cloakroom, utility room and a newly refurbished open plan kitchen living room which leads to a rear garden via bi-folding doors.” - This describes almost every house on our road.  Imagine you’re describing the house for a holiday let - somehow we use our emotions better and talk about warmth and coziness.  Also see your Rightmove Property Performance Report, to check when it’s been on the market.  Seeing how it is faring in terms of clicks on your property will help you to see if you need to present the property differently. (national average is around 5%).  Make sure the agent has a website that is mobile friendly as so many would be buyers are browsing on mobile telephones.    Present your house beautifully.  You don’t need to empty it and it shouldn’t look like a show home,  Sam Edington of Edingtons Property Search says “if selling a vacant property, stage it as it makes all the difference”. Homely is definitely better,  but it should be very clean and tidy and it should allow people to imagine putting their own...