News

Calling All House Sellers

Published on 17th October 2014

This December, The Personal Agent celebrates its 10 Year Anniversary, and to mark the occasion we’re giving one lucky person a brand new Fiat 500. So far we’ve had an amazing response from everyone involved, with loads of people choosing to take part.

If you haven’t already got your name in and want to be in with a chance of winning, then all you need to do is use The Personal Agent when selling your home and to have exchanged contracts with us on – or before – the 19th December and you will be entered with a chance of winning this great prize

A list of the people who have already been successfully entered can be found in the list below. If your name is missing but you think you should be on the list call us on 01372 745 850 or email us at epsom@thepersonalagent.co.uk and we’ll make sure you’re in the hat come before the competition closes.

For more information and to see our Terms and Conditions visit the 10 Year Anniversary page.

Mr & Mrs Patrick Aloir

Mrs Alison Golt

Jenny Mathews & Hazel Brown

Umadey Jobanputra

Mike & Iris Pascoe

Sian Smith

Andrea & Michael Merrington

Roy & Margaret Payne

Craig & Peggy Poyser

Tristan Hinxman

Frank & Cathy Coma

Gary & Sophie Ramsay

Simon Tolliday & Mrs Craven

Martin Marro & Marianna Dagatti

James & Laura Sealey

Dominic & Sarah Clarke

Angela Seal

Eric & Jacqui Garnier

Michael & Teresa McDonald

Keith Humphrey & Helen Wynn

Rob McDougall & Hatty Taylor

Christina Brooke

Michael & Jan Bunn

Jacinda McSorley

Victoria Churchill & Susan Bund

Martin Burns

Robert Cusack & Victoria Worvell

Paul & Carol Foster

Katie Clark

Michael Martinez

Lucy Morrell

Zoe Gould

Toni Herschel

Josie Down

Mr & Mrs Dunn

Mr Warner

Mrs Amin

Mr & Mrs Cox

Beryl Kernot

Steve & Julia Edmonds

Mr & Mrs Patrick Dehm

Richard & Christine Bowker

Mr Evans

Mr & Mrs Boxall

Craig & Michelle Norman

Fiona Terry

Ms J Scowcroft

Simon Stannard

Mr & Mrs McGarry

Mr Sutehall & Miss Morton

Chris & Claire Harris

Jack May-Robinson & Lyndsay Slade

Hannah & Mark McCormack

Mr & Mrs Jamie Keefe

David Carter

Andrew & Louise Harris

Jeffrey Evans

Robin & Lucy Farmer

Denise & Clive Goodall

Tony Kerslake & Janet Egan

Gail Hogan

Mrs Perilli

Mrs & Mrs Martell

Mrs A Arthur

William & Elizabeth Trevorrow

Leanne Leggo

David Hunt & Samantha Mayell

Simon & Leigh Bowyer

Tracey & Chris Landon

Richard Hill & Jennifer

Mike Griffiths

Mr & Mrs Gary Nader

Paul & Erica Taborn

Mr & Mrs Carl Huntington

Jo & Joel Osborne

Julia Archer

Chris Wilkins & Fran Janssen

Chris Long & Nicci Makinson

Michael & Janice Gladwell

Mr Randall

Mr & Mrs Terry Mayho

Terrence & Jacqueline Gartell

Donna Green

Mr & Mrs Toribio

Alan Marsh

Tamlin & Gail Howard

Stephen & Jane McManus

Posted in Local Events/News, Selling Your House, TPA News |
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A Landlord’s Guide to Insurance: What You Need to Know

Published on 13th October 2014

Managing one – or multiple – properties at the same time can be a tricky task. There is a wealth of things to stay on top of all at once and when you’re trying to keep everything running smoothly the last thing you need is an unexpected catastrophe taking up more of your valuable time.

But unfortunately for even the most diligent planners, things will occasionally go wrong. For this reason it is often a good idea to consider insuring your properties should the worst happen. With landlord insurance you can get tailored, comprehensive and value for money cover that will help protect you and your property in the event of any damage or losses incurred.
In doing so not only will you receive secure protection but important peace of mind as well.

First of all it is important to consider these points:

Is it mandatory? – Whilst it’s not a legal requirement for you to insure your property against damage or accidents, if you have taken out a mortgage to purchase the property then lenders will often ask that you insure their asset against any potential loss.

What do you need it for? – Landlord Insurance is useful for a whole host of reasons. In many cases simple home insurance will not provide the cover required for general rental activities and when a lot of money has been invested into a property, the last thing you want is to have to put even more of your funds into policies that reap no benefit should something bad happen to your property.

Is it expensive? – Typically landlord insurance isn’t that expensive with policies starting from as little as £12 per month and this will cover upwards of £1 million pounds in buildings cover and £75,000 in contents cover.

When deciding what kind of cover you require there are a range of insurance products available on the market to cover all kinds of scenarios that may unfold. Here I’ll talk about some of the more common ones:

Building Insurance – This is the most common form of Landlord Insurance covering the basic bricks and mortar of the property. In the event of any structural damage, such as fire or water, this will cover any rebuilding or repair work.

Contents Insurance – Is there to cover everything that you own in the property that isn’t the building itself. So things like the upholstery, any furniture, television, cooking utensils and so on.

Liability Cover - This will protect you the Landlord, in the event of your tenant pursuing legal action against you for whatever reason. With this kind of cover it is usually taken as a precaution in the event of a tenant sustaining an injury which they felt was a result of negligence on the landlord’s part. In other circumstances it could mean an employee of yours being hurt whilst carrying out work for you, or if you were to damage another person’s property. This policy will cover all legal fees and help ease what can otherwise be a difficult situation.

Loss of Rent – One of the more common issues you may face as a landlord is when a tenant doesn’t pay the rent. As the name implies is there to cover any income you would normally receive through your letting fees. In addition this is a policy which can be advantageous if for some reason you are unable to let the property, providing you with a steady stream of benefits.

Home Emergency Cover – Is there to give you 24 hour a day assistance so that in the event of something drastic going wrong, you need not worry. Including everything from fixing a leak, to refitting the locks or dealing with a pest problem, we can have some to take care of whatever you need.

For more information on receiving a comprehensive landlord insurance plan take a look at Ignite Financial Services for a range of great policies, or email info@ignitefs.co.uk for a quote.

Posted in Letting your property, TPA News |
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Mortgage Availability Set to Rise as Lenders Aim to Hit Targets

Published on 7th October 2014

The difficulty in getting a new mortgage is set to decrease as lenders aim to hit yearly targets in the build up to Christmas.

House buyers and those looking to take out a mortgage are likely to receive a far better deal than has previously been the case as lenders look to resurrect interest in the market. With many lenders offering incentives such as iPads and Council Tax discounts in an attempt to increase their share of the market.

The Bank of England’s most recent Credit Conditions Survey has said that it expects lenders to increase the availability of mortgages during the next 3 months after a sharp decline in activity from July to September. The survey of banks and societies had found that lenders had been acting cautiously when approving mortgages due to fears surrounding rising house prices and the likelihood of another crash. It also said that the effects of the Credit Crunch had further inhibited their willingness to offer secured loans.

In addition, the introduction of the Mortgage Market Review that comes into effect next April is said to have caused more cautious lending as new safeguards are put in place to prevent the kind of profligate lending that led to the financial crisis in 2008.

However, lenders will now compete for market share in the wake of a dip in interest from would-be house buyers during the summer months who had seen a barrier to purchasing new homes emerge from increased house prices and the difficulty in acquiring a mortgage.

The House Price Index from Nationwide had shown the first fall in 17 months indicating that the slowdown in activity had hit prices. It appeared that lenders said demand from borrowers had also fallen significantly, breaking a trend of increasing demand seen since the start of 2012.

For more information on a great range of mortgage products, get in touch with Mike at Ignite Financial Services. Email at info@ignitefs.co.uk or call him on 01372 940152.

Posted in House Price Trends, Moving House, TPA News |
to let sign

Buy-to-Let Portfolios Increasing

Published on 24th September 2014

Great news for landlords as recent research by Paragon Mortgages has shown that the average number of buy-to-let portfolios is expanding at a phenomenal rate. The research found that the average number of properties owned by landlords currently stands at 14.9, which has risen by more than 10% when compared to the second quarter of this year when the number was at around 13.5. By comparison, when Paragon first started their research in 2002 the average number of properties held within a landlord’s portfolio was at around 9.

These findings coincide with Direct Line for Business’ report that landlords in England as a whole are seeing increasing growth, with earnings now in excess of £32 billion a year. Of this figure, properties based in London accounted for £14 billion (44%) of that total, which is greater than the whole of the Midlands, Yorkshire and East Anglia combined. The average property in inner-city London generated £19,596 per annum meaning income of £1,633 each month.

In addition, the LSL Buy-to-Let index has shown that the average price of rent in England and Wales was at a record high of £761pcm. When this is combined with rising house prices and increased investment opportunities for landlords nationwide, the current landscape for has never looked better.

Posted in House Price Trends, Letting your property |
Oakton Developments

Great News on our Oakton Developments!

Published on 18th September 2014

The Personal Agent is pleased to announce we have now sold over half of the Oakton Developments on Elizabeth Place. This is just one example of the targeted success our bespoke marketing packages can deliver. If you’d like more information on our excellent range of marketing options you can visit our page here.

If you haven’t had the opportunity already to familiarise yourself with the Oakton Developments but are interested in designer properties in Surrey, then you’ll love what each of these properties has to offer.

Made up of 6 superb 2 bedroom apartments complete with fitted kitchens, underground parking and communal, landscaped gardens. Each apartment comes with a spacious living room, a dining area for socialising and two double bedrooms and bathrooms, including an en-suite and master bathroom.

Our New Homes Team has been responsible for the sale of a number of new and exciting properties and thanks to their expertise and passion for delivering excellence, our clients have reaped the benefits of specialist, property marketing campaigns.

By utilising their skills we can provide you with a wide reaching campaign that will give your developments the level of exposure they deserve. For an idea of the high level of customer service provided by our New Homes team as well as by everyone at The Personal Agent, visit our Testimonials page to see what our clients had to say about our great work.

If you would like to know more about these lavish developments or our New Homes Team, contact our sales department on 01372 745 850, or email them at epsom@thepersonalagent.co.uk to find out more.

Posted in Local Events/News, Local Focus, Selling Your House, TPA News |
Vacancy-lettings-negotiator

Vacancy – Experienced Lettings Negotiator

Published on 11th September 2014

Our lettings department is growing from strength to strength. Having recently moved into new premises, we are now seeking a further experienced lettings negotiator to join the team. Excellent prospects for the right applicant.

To find out more please email cheryl@thepersonalagent.co.uk

Posted in Local Events/News, TPA News |

Valuer needed for our Epsom Office

Published on 9th September 2014

Due to The Personal Agents continued expansion we are seeking a Valuer for our busy Epsom Office.

The successful individual must have a proven track record, be dynamic, and able to work in a fast moving environment.

This is an excellent opportunity to join a fast growing company with great career prospects.

To find out more please email your CV to rupert@thepersonalagent.co.uk

Posted in TPA News |
wedding snap 4

Cheryl and Andrew Tie The Knot!

Published on 5th September 2014

We’re pleased to announce that The Personal Agent’s very own Cheryl and Andrew have recently celebrated getting married!

Speaking about the special occasion Cheryl, who works as part of our Lettings Team said, “It was an extremely early start as we got married in London at 11am (my hairdresser came at 5am!).

“The weather was absolutely beautiful, not a drop of rain despite the heavens opening on Friday and Sunday.

“We got married in the OBE Chapel at St Paul’s Cathedral and had our reception at Box Hill School in Dorking, where Andrew grew up.

“Andrew proposed to me in Central Park in New York, it was amazing and I really wasn’t expecting it!”

Everyone at The Personal Agent would like to congratulate them on their special day and wish them all the best for the future.

Posted in Local Focus, TPA News |

House Buyers Making Snap Decisions

Published on 28th August 2014

A new report conducted by Aviva has found that on average people spend just ‘33 minutes’ looking at a new house before making a decision on whether to purchase. This is in addition to findings that state nearly a quarter of people looking at houses had only viewed a property once before buying.

The survey reveals a market of house-hunters spending less and less time making a decision on whether a house is right for them before committing to a final decision.

The survey cited a perceived increase in competition for properties as a main factor in why people were spending less time on assessing a house. With the increased cost of housing and the lack of new homes adding to the pressure on buyers to snap up the best available properties.

The survey highlighted that 65% of people who bought a property 20 years ago said there’d been “not much” or “no competition” for homes, whilst only 46% of people who’d bought a home recently agreed that this was still the case today.

The worry is that people may no longer be spending enough time considering the benefits and pitfalls of, what is for many, the biggest financial commitment of their lives.

Yet whilst the findings suggest people are spending less time making decisions about their new homes, this is tempered by the fact that this is a relatively minor decrease on how long people have typically spent looking at houses in the past.

Of the 4,000 homeowners surveyed by Aviva, those who bought a home 10-20 years ago took around 39 minutes to view a home, whilst those who purchased a home 6-10 years ago estimated that they took an average of 35 minutes to view a property.

So whilst the current conditions in the housing market may be causing purchasers to make faster choices before buying a home, it may also simply be the result of a world in which people are living ever busier lives and are having less time to put towards searching for their new home.

For that reason we aim to provide all our clients with an informative and effective service, delivering to you only the best properties in the right price brackets, ensuring your search is made as quick and simple as possible. To get started on your property search check out our Property Search tool in the home page.

Posted in First Home Help, Moving House, TPA News |

Increasing Demand Sees Number of Buy-To-Let Mortgages Soar

Published on 14th August 2014

New research carried out by MoneyFacts.co.uk has revealed that the current demand for rental properties in the UK has resulted in a surge in Buy-To-Let mortgages being offered to landlords. The number of Buy-To-Let mortgages available is now at its highest level since before the Financial Crash.

The research has shown that the number of mortgage products being offered is at 665, which is compared to 2008 where there was 686 But-To-Let mortgages on the market.

Mortgages For Business believes the prevalence of 5 year fixed-rate mortgages is driving much of the increase. With David Whittaker its Managing Director stating that: “Recent feedback from our landlord customers identified that 34% would currently choose 5-year fixed rates, not only because they are competitively priced, but also to protect themselves against pending rate rises.”

Increase the value of your property

Sylvia Waycot, editor of Moneyfacts.co.uk, also talked about the recent upswing in the number of mortgage products being offered by saying: “Lender interest in the Buy-To-Let market may be fuelled by the knowledge that it falls outside of the recent Mortgage Market Review.”

“This makes the process of granting any Buy-To-Let mortgage quicker and simpler as it is not subject to the new affordability criteria that is starting to clog up the mainstream mortgage market.”

Waycot goes on to say that whilst the government’s help-to-buy scheme is attracting more people to the housing market, the recent Mortgage Market Review is inhibiting that initial success.

“The advent of the Mortgage Market Review is acting almost like a contradiction as it is putting the brakes on the process. The funding element, although sensible, is making it harder for some people to get on the housing ladder.”

“Ultimately this all points to the Buy-To-Let market being here to stay and to remain attractive to lenders, hence the surge in products on offer for landlords who seem assured of a healthy supply of tenants.”

Great news for landlords then, who can continue to make the most of a steady and growing number of people looking to rent, with an ever increasing range of products to choose from.

Posted in Letting your property |