Thursday 4 November 2010

SS9 Leigh Lettings Table

Only three months after opening Think Property are already second in the league table with number of rental properties available !!

If you want the most pro-active letting agent in Leigh to let your property then call us now on 01702 470625

Essex Countryside22
Think Property17
Scott & Stapleton12
Turners11
Town & Country7
Ashleigh Stone7
Home5
Coluson James5
Jubile4
Abbots4
Bairstows1

Morning Landlords.

Professional house shares – a tenant’s view.
I consider myself to be something of an expert when it comes to living in house shares. Having lived in nice places, awful places, with great housemates and,
frankly, a few nightmare ones along the way, I’m pretty well versed when it comes to waiting in line for the toilet and cleaning up other peoples mess.  So if you’re going to let out your property as a house share, there are a few things that you’ll have to think about.
Yes, you can make more rent than you would out of letting it as a whole, but it can also cause you more trouble. Some people will treat a house share as their own and take good care of it, but many more will look at your room as a short term solution. They know that if it isn’t working out then they can move without too much hassle – there are plenty of other rooms to rent on the market. That doesn’t mean that they’ll trash the place, but it does mean that they’ll be less likely to carry out maintenance and sharing the cleaning chores can become more of a battle than a responsibility.
There are ways around this – many shared houses are given cleaning rotas and helped to divide up the household chores, but this can also put people off. Most people will pull their weight, but it’s independence that they want, not to be treated like a child. But if one of your tenants isn’t pulling their weight, eventually the others might see you as their last resort. It’s a fine line to walk as if one of the people in your house is causing problems, be it through not pulling their weight, excess mess or, in worse cases, bullying then you may be forced to take action against them. If you ignore a problem tenant, you could end up losing your good ones. For this reason, whenever I’ve looked for a room to rent, I’ve always considered the people living there to be as important, if not more, than the property itself.  You wouldn’t spend time with someone you didn’t like, so why would you want to live with them?
So my advice to a landlord wanting to keep the peace in their shared house would be to make sure that any prospective tenant has the opportunity to meet their future housemates before moving in. This gives them the chance to get to know each other beforehand and will make them feel more empowered about the house they live in, rather than only knowing that somebody is taking their spare room – ooh, I wonder what they’re like.
How would you deal with tenants in a shared house? Do cleaning rotas work for you and how do manage the balance in your shared property?

Wednesday 3 November 2010

Are things still looking positive ?


Sales of properties worth £1 million and over have risen by 118 per cent in the past year, according to new figures from Halifax.
It was also found that London saw the biggest percentage increase in million pound sales and that the West Midlands, south-east and East Anglia also experienced a doubling of house prices.
Although sales over £1 million represent a tiny proportion of the British property market as a whole, shares of all sales have risen from 0.5 per cent in the first six months of 2009 to 0.9 per cent in the same period of 2010.

Big Day at Think Property _ Do you have insurance ??


There has been a 47 per cent increase in mortgages not covered by life insurance since January 2006, according to findings by Sainsbury's Finance.
This suggests that there are over 7.1 million people with an outstanding balance of £318 billion on their mortgage who have no life insurance that would cover it in the event of their death.
Recession is thought to be partly to blame for this, as people may be focusing more on their present finances than those of the future.
Lucy Hunter, Sainsbury's Life Insurance manager, explained why life insurance is still as important as ever.
"[Insurance] is particularly important for homeowners, who should take care not to overlook life insurance as it can help to ensure peace of mind that the property is paid for upon death, allowing loved ones to continue living in the family home, and it could also alleviate any financial burden, therefore providing financial security," she said.
This news comes after it was announced by Halifax that sales of properties worth over £1 million have more than doubled in the past year.