Estate Agents In North West London

Different Roles Of Estate Agents In North West London

Estate Agents will appraise your home and advise you about local market conditions apart from providing an accurate assessment of the correct marketing price.

They also help in advertising a property including preparing the brochures, virtual tours and floor plans and using other marketing platforms to promote the property.

An estate agent can arrange for you to get a Home Information Pack and an Energy Performance Certificate, which are a legal requirement for every home put on the market.

Estate agents find and keep a list of potential buyers and ensure that your property is advertised to appropriate buyers.

Several other important services can be accessed in relation to buying or selling a property, through estate agents such as financial advice, conveyancing and other home moving products and help.

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Love West Hampstead: Camden Council Video

Find out what people love about gastro, relaxed West Hampstead

Estate Agents in London NW2 / NW10

London Estate and Letting Agents: Property in London NW2 / NW10

This part of north-west London is located to between Kilburn and Hampstead and includes Child's Hill, Cricklewood, Hocroft Estate, Kensal Rise, Willesden Green and Mapesbury Estate

The Hocroft Estate: A range of Ambassadorial, Detached houses, Bungalows and Semi-Detached houses, more on the Hocroft Estate

Cricklewood: Victorian houses, Victorian terraced houses, industrial and modern developments. more on property in Cricklewood

Willesden Green: Victorian houses, Victorian terraced houses, modern developments.more on property in Willesden Green

Childs Hill: Victorian houses, Victorian terrace, modern developments.more on property in Child's Hill

Mapesbury: Victorian houses, Victorian terraced houses, modern developments. more on property in Mapesbury Estate

Kensal Rise: Smaller terraced houses and mansion blocks. more on property in Kensal Rise

What is an HMO? Houses of Multiple Occupation Licensing Explained

An HMO (House of Multple Occupation)License is required for all privately rented properties of three stories or more, and occupied by five or more people.The property must be used as the tenants' only or main residence;properties let to students and migrant workers are treated as their only or main residence.

HMO's are a key source of housing for the less well off parts of society such as migrant workers and students, and for societies more vulnerable groups.However, many groups representing likely HMO tenants are not always supportive of the legislation which was designed to improve tenants' access to satisfactory housing. The British Property Federation (BPF) and the National Students Unions argue that in some areas, regulations may make it more difficult for tenants to find somewhere to live, as fewer landlords will be willing to let their property as an HMO. The BPF report states "HMOs are not only an important source of accommodation for students, but also for people who are often least able to put a roof over their heads in society. Placing planning restrictions on this important source of affordable accommodation is something we will be arguing strongly should be resisted because it will restrict supply, raise rents and could be used unscrupulously to restrict particular groups in society to particular areas in towns and cities"

Mandatory licensing of HMOs was introduced in England and came into force in April 2006. The regulations investigate the suitability of the landlord to carry out their role effectively as well as the provision of adequate amenities in the building. The license also limits the number of tenants in the building.

Despite the new regulations HMOs are still considered a relatively safe property investment, even through 2009.

London Estate Agents Paramount Properties have a number of HMOs for Sale in London;

Devonshire Terrace W2
Bickerton Road N19

London Estate Agent Sees Property Market Signs of Recovery

A number of the larger high street banks and building societies have reduced their mortgage interest rates and are offering new discounted rates to home buyers. The move follows the small rise in interest rates in June and July,tracking the rising cost of the wholesale funding costs for banks ie. The actual cost of borrowing for banks.

Commentators believe the move supports the view that the city is not expecting the Bank of England Interest rate to increase until 2010. Of course,a large deposit is still required to take up these lower mortgage offers, and arrangement fees should be noted, but the fact that 90% mortgages are once again being offered could been seen as a real sign of recovery in the property market.

London Estate Agents, Paramount Properties saw the first sign of the turn in the property market as early April, and the summer has seen more and more first time and cash buyers coming to the market. "Buyers have realised that West Hampstead properties have probably bottomed out, with asking prices down about 15% since the July 2007 peak" said Paramount Property Residential Sales Director, Robert Lazarus. "Our secondary areas, such as Brondesbury, Cricklewood and Willesden have dropped by about 20%."

For More Information on Residential Property for Sale in North London

London Estate Agent Offers Free HIPs and EPC

Which? magazine have been monitoring the cost and availability of Home Information Packs on three bedroom properties since December 2007 when the provision of a HIP was made compulsory on all homes up for sale in England and Wales.

The consumer magazine found that the price of a pack, which includes the usual searches and an Energy Performance Certificate varied enormously. More surprising perhaps was that potential buyers often struggled to get a copy of the HIP. Estate Agents refused to email copies of the document.

The Home information pack was introduced in order to simplify and speed up the sale of a property providing more of the information that potential buyers need up front, and homeowners in England and Wales must now have one of the packs in place before they can begin marketing their property.

Which? advise that “A Hip should cost between £300 and £400 for a typical three-bedroom semi. This could rise to between £600 and £800 if you top it up with a home condition report.”

London Estate Agents Paramount Properties are offering free HIPs on all residential sales as part of their 25 year anniversary. Paramount Sales Director, Mr Robert Lazarus said “A significant percentage of vendors are put off by paying the cost of the HIP at the outset.

Paramount are easing the vendors worries of this additional cost by offering Free HIPs until the end of October”

Paramount Properties have extensive experience of helping Home Owners with Home Information Packs, HIPS. From the 6th April 2009 the Home Information Pack regulations will change to include:

• Introduction of the new Property Information Questionnaire - PIQ
• Removal of the temporary first day marketing exemption
• All searches, whether produced by a local authority or a search company, must be complete with no gaps in the data covered by insurance.

To be able to market your property the following documents must be in place and available:

• Index
• Property Information Questionnaire (PIQ)
• Energy Performance Certificate (EPC) or Predicted Energy Assessment (PEA) for new homes marketed before completion
• Sustainability information (new homes only)
• Sales Statement
• Evidence of Title - HMLR Title Plan and Register. For unregistered properties a search of the index map must be included.

London HMO properties for sale

Although HMO properties are generally associated with the bottom end of the market, this is not necessarily true in London and other areas of high property value, where they are often let as a house share for young professionals.

The property investor may be happier with the concept of a single more expensive property with professional tenants in, rather than having to manage a number of cheaper properties in less salubrious areas.

There is always the option to convert back to a single family residence to realise your investment.

For more information on HMO properties for sale

Paramount Investments has a number of HMO properties for sale in West Hampstead.

• Inglewood Mansions, West End Lane
• Greencroft Gardens West Hampstead
• Pandora Road NW6

London Pubs, Hotels & Licensed Properties For Sale

Paramount's licensed property investment team can provide a full suite of commercial property advice and services for you in your search or disposal of your pub, hotel or licenced property.We offer a range of freehold pubs, public houses, and licensed properties for sale.

The licensed property management team at Paramount is experienced in all aspects of freehold pub sales and leasehold pub sales licensed properties and liesure property management ensuring a stress free and profitable property investment.

For more information on London Freehold Pubs, Hotels & Licensed Properties For Sale