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Buy To Let (Investment Opportunity)
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    Ten tips for buy-to-let: The essential advice property investors need to consider

    Buy-to-let may no longer be the hot property of the boom years, but it has seen resurgence in recent times. For many, buy-to-let looks an attractive income investment. As an income investment for those with enough money to raise a big deposit, buy-to-let looks attractive. Decent house prices, rising rents and improving mortgage deals are tempting investors back into the market once more.

    Like any investment, buy-to-let comes with no guarantees, but for those who have more faith in bricks and mortar than stocks and shares here are the ten top tips.

    1. Research the market
    2. Choose a good location
    3. Do your sums
    4. Shop around and get the best mortgage deal
    5. Think about your target tenant
    6. Don't be over ambitious - go for rental yield and remember costs
    7. Consider doing a property up for better return
    8. Negotiate a good price
    9. Know the pitfalls
    10. Consider how hands-on you want to be 


    If you are planning on investing, or just want to know more, we can advise you on the ten essential things to consider for a successful buy-to-let investment. If you require free expert advice with no obligation, please feel free to contact Mr Zad Siadatan on 01293 529993


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Getting ready to sell
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    People have different reasons for selling, from disposing of an investment property to simply moving home. Once you have decided to sell up, think about what you want to include in the sale. Normally, fixtures and fittings such as fitted storage heaters are included in the price but other moveable items can be up for negotiation.

    If you are getting rid of items you no longer need, do it before you start marketing your property as the less clutter you have the faster your house will sell.

    Give us other useful documents and facts about your property, which they can mention to potential buyers, such as:

    • Gas and electrical certificate checks (if any).
    • Building regulations certificates (if any).
    • Service charges and ground rent bills (for flats)(if any).
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      Doing your homework

      There are several ways to help you determine how much your property is worth.

      Consult us for expert advice to help you determine a realistic asking price

      • Use Rightmove and Zoopla to check out average sold house prices in your area.
      • Get an accurate picture of trends in your area, as well as national changes from the Rightmove and Zoopla House Price Index which are produced monthly, it analyses asking prices of properties that have just come on the market, breaking them down into regional averages.
      • Search for similar properties for sale in your area and see what they are currently being marketed for.

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      Selling through an estate agent

      Selling a home is the biggest and most important transaction they will ever make. Using professionals for each part of the process provides you with expert knowledge and legal protection.

      It is advisable to use an estate agents like us as we spend all day, every day selling properties and as a result have built up a vast knowledge and expertise in the whole buying and selling process. We will conduct a valuation on your property, handle viewings and negotiations on your behalf and make sure your property is marketed properly. We will strive to achieve the best possible price for your property and the best buyer, thereby avoiding disappointment and stress from less serious potential buyers.

      On top of this we will also be able to offer you plenty of advice along the way. This includes guidance on conveyancing and financial services.

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      Viewings

      Now you have authorized us to sell your home, you need to get your home ready for viewings and give your house the best chance of selling. First impressions count so put yourself in the buyers' shoes and think about how you can enhance your property's draw.

      Here are a few pointers to look out for before any viewing takes place:

      • Does the front of your house need smartening up?
      • Could the front garden be tidier?
      • Would the front door look better with a fresh lick of paint?
      • Could the front windows do with a clean?

      Look at the inside with a critical eye too:

      • Keep it clean and tidy. De-clutter and use sensible storage. Potential buyers will want to visualize how they can fill the space
      • Undertake any minor repairs that need doing so buyers will need to really try hard to find any negatives
      • If you want to re-decorate, go for neutral tones, which will appeal to a wider audience
      • Make your house comfortable, cool on hot sunny days and warm if it's winter
      • Banish smoke or pet odours. Open the windows, brew some fresh coffee and add finishing touches such as fresh flowers, to brighten the place up
      • Bring out the best features such as fireplaces and use mirrors to increase the sense of space

      Once you have received an offer, be prepared to negotiate. But remember, you don't have to sell to the highest bidder. A lower bidder might be better if they:

      • Are paying cash (so don't have to wait for mortgage approval)
      • Already have a mortgage "agreed in principle"
      • Don't have to sell a property first (they could be first-time buyers or investors) or are in a short chain
      • Can fit in with your timescales better than other buyers

      Once you have accepted an offer we will take it off the market.


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      The process

      Conveyancing is very time consuming and complex, so you will need to employ either a solicitor or a licensed conveyancer to do it for you.

      Here are our top tips on choosing and using a conveyancer...

      1. Get quotes or ask your estate agent for recommendations.
      2. Tell your conveyancer if you want answers to any specific questions in advance
      3. Let them know when you would like to exchange contracts and complete. Tell them you will require regular updates of how the sale is progressing

      Once you have appointed a conveyancer, you will need to...

      • Give them some basic information to get started such as your mortgage roll number - so they can check you own the property and proof of your ID
      • Complete a detailed questionnaire on the property, covering things like who owns the boundaries and whether you have had any disputes with neighbours. It is a legal requirement to answer truthfully
      • Complete a form showing what fixtures and fittings are included in the sale
      • Answer conveyancing queries as soon as you can. Use registered post or deliver documents by hand.

      Exchange of Contracts is the last stage of the legal process after which a buyer cannot pull out (without losing their deposit).

      A date for completion is usually set for at least two weeks after the exchange date, giving you time to arrange removals. Your conveyancer will call us once completion has taken place so we can release the keys to the new owner

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      Moving

      Moving out of the home you've lived in for a while can be stressful, but it's also a great opportunity to make a new start. Getting organised and planning ahead will minimise your stress levels and make it easier to move on.

      Here are some tips to make the day you move out as painless as possible:

      • Ask us to recommend a professional removal firm - your belongings are precious.
      • Think about moving out and in on separate days so you don't have to squeeze everything into the same day.
      • Leaving a few days before moving in will free up time to get essential work to your new home completed without needing to work around piles of boxes. It's a great time for carpet cleaning, decorating or any DIY projects that might be dusty like sanding woodwork or floorboards, replastering etc.
      • If you can, avoid moving on a Monday or Friday: they are the busiest days for moving as well as for traffic on the roads.
      • Remember to take meter readings on both properties on the day(s) of the move.
      • Set up your post to be redirected a few weeks before you move with the Royal Mail - a good precaution against identity theft.
      • While you still have an internet connection (it could be a few weeks before your new property is connected), download any instruction manuals from the manufacturer's website for your new appliances.
      • Prepare a note for the new owners explaining how things work and where they can find useful items such as the boiler switches, aerial sockets and alarm codes. A few kind thoughts will go a long way when it comes to mail redirection and injects some humanity into the whole process.

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    Affordability
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      Buying a property is a big step involving a substantial long-term financial commitment, so think hard about what you can afford. You will need to consider the assets you have - like savings - as well as the money that's coming in and going out.

      Although it may reduce your buying options, you don't want to commit to a mortgage and then realize you can't afford some of the nicer things in life! It may sound obvious but take time to think of all the things you spend money on throughout the year, even without a mortgage.

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      Mortgage

      It is vital to secure a mortgage with a lender before starting the searching process. Make sure you know all there is to know in order to choose a mortgage for you.

      For most people buying a property the biggest ongoing cost is the mortgage - simply a loan secured against a property. You can't sell the property with

      Because of the current market, it is vital that you secure a mortgage with a lender before starting the searching process. This way, when you find the right property, you will avoid being beaten to it by another buyer and you will also be in a much stronger negotiating position.

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      Ideal Property

      Everyone has their own wish list of elements that make up their ideal property. From transport links to the number of bedrooms, we can help you create a comprehensive list.

      You will need to consider what aspects of a property are most important to you:

      • Number of bedrooms / bathrooms.
      • Parking provisions.
      • Separate kitchen and dining room.
      • Private garden.
      • Conservatory.
      • How much time/money you may want to spend redecorating etc

      Tell us exactly what type of property you are looking for and the elements that you could possibly compromise on. Also inform us what you don't want and whether you have a mortgage agreed in principle

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      Viewings

      Viewings can often be over before you know it. So it's essential you know what you are looking for before you arrive and ensure you remember everything after you leave.

      You must find out as much as you can about a property you like using the photographs, floor plans, virtual tours, online brochures and local information that is available with most descriptions. Always call or email us to check any missing information. As soon as you have established the property is of sufficient interest for you, book a viewing with us.

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      Making an offer

      Once you have found the property of your dreams, the next step is to make an offer. It is important to consider a variety of factors when choosing your price level in order to achieve the right deal for you. Take a step back to logically look at all the things that matter before making your offer.

      First time buyers, buyers with no chain and buyers who have pre-arranged mortgages have a head start on most of the competition. If this is you, then make us aware of this, as this can put you in a very favourable negotiating position, especially if the seller is in a chain.

      Knowing your budget ceiling is crucial so decide your maximum limit from the start. Whilst sold house prices can help give an idea of recent sales, it's better to see what the competition is like now.

      Once the seller has accepted your offer, we will take it off the market. Now you need to move fast - the seller will want to see progress so try to avoid any unnecessary delays in getting the surveys and other legal work done. Complete the lender's application form and send them the documents they require - this will include proof of your ID, evidence of your earnings, proof of your address over the last few months and your bank statements, so have these ready.

      The lender will arrange for a valuation to be done on the property. If you are lucky enough to not need a mortgage, you don't have to get a survey done, though buying a property without one is not advisable and risky. If you are buying an older property, one that needs repairs or just for your own peace of mind, you could consider getting a more detailed survey done than the basic lender's valuation

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      Conveyancing

      Don't be overwhelmed by the legal side of things. Here is our quick guide to understanding what a conveyancer does.

      They will:

      • Obtain sellers' responses to questions, such as who owns the boundaries, whether they have had any disputes with neighbours and what fixtures and fittings are included.
      • Check copies of any guarantees on the property, details of planning permissions and building regulation certificates.
      • Check the seller really is the owner of the property and prepare a Report on Title for you.
      • Check local authority searches and plans for the local area.
      • Pay stamp duty tax on the property.
      • Arrange registration of title in your name.

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      Moving

      It is unusual to hear from someone who didn't have a stressful time moving but being organised is the trick to minimise your stress levels during this time.

      Here are some tips to make the day you move out as painless as possible:

      • Ask us to recommend a professional removal firm - your belongings are precious.
      • Think about moving out and in on separate days so you don't have to squeeze everything into the same day.
      • Leaving a few days before moving in will free up time to get essential work to your new home completed without needing to work around piles of boxes. It's a great time for carpet cleaning, decorating or any DIY projects that might be dusty like sanding woodwork or floorboards, replastering etc.
      • If you can, avoid moving on a Monday or Friday: they are the busiest days for moving as well as for traffic on the roads.
      • Remember to take meter readings on both properties on the day(s) of the move.

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    • Team Member

      image cannot be displayed
      Zad Siadatan - CEO & Founder
      Telephone: 01293 529 993 

      E-mail: zad@connect-uk.co.uk
    • Team Member

      image cannot be displayed
      Cristina Carbone - Senior Consultant
      Telephone: 01293 529 993

      cris@connect-uk.co.uk
    • Team Member

      image cannot be displayed
      Louis Siadatan - Consultant
      Telephone: 01293 529 993 

      louis@connect-uk.co.uk
    • Team Member

      image cannot be displayed
      Sarah Le Tissier - Property Manager
      Telephone: 01293 529 993

      info@connect-uk.co.uk
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      Where we're active

      Our Branch

      Our Branch

      Current Properties

      Recently Sold Properties

      Note: Markers represent the centre of postcodes, not exact locations

      Find us

      Richmond House High Street,
      Crawley,
      RH10 1DD

      Telephone us

      Buying: 01293 263065  Local call rate

      Email us

      Contact us

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      Testimonials from Sellers

      • Seller Testimonial

        The service we received was outstanding
        To all the staff at Connect UK, we are truly grateful for all the hard work you have put into the sale of our home. The service we received was outstanding & we will gladly recommend you to all our friends and family. Many thanks once again
      • Seller Testimonial

        I wouldn't use any other estate agency in Crawley
        I have been using Connect UK as both a landlord and a vendor and I can honestly say that I wouldn't use any other estate agency in Crawley. Connect UK are always professional, give good advice in relation to legal requirements placed upon landlords and always strive to get the most suitable tenants. Connect UK are always ethical and equitable in their dealings with both landlords and tenants. In terms of selling property, Connect UK are honest, straightforward, and work very hard to ensure that buying and selling run as smoothly as possible for all parties concerned.

        I always refer to Zad and Cristina for sound advice on the current property climate and their property meet-up with fellow landlords and investors is an brilliant idea. Connect UK are an excellent example of how an estate agent should do business and other agents could certainly learn a lot from Connect UK. I would happily recommend Connect to friends and family and this is not something I would say lightly.
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      Disclaimer

      The content on this Microsite has been uploaded by Connect-UK, Crawley - Sales. Rightmove Group Limited makes no warranty as to the accuracy or completeness of the content, any queries should be sent directly to Connect-UK, Crawley - Sales. Where properties are displayed on a page, this comprises a property advertisement. Rightmove Group Limited who operate the website Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. These property advertisements do not constitute property particulars. The information is provided and maintained by Connect-UK, Crawley - Sales. Please contact the agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland and if you have any query over the content.

      *Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

      Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

      Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Connect-UK, Crawley - Sales on 01293 529993.


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