4 Weeks - no viewings!

AH15

Not at the moment no - we might need to rent property out until the whole leasehold area has been clarified given it is gaining momentum in the press

Exodi

fairy_lights wrote: »

AH15 wrote:

All of the houses in this area and our previous house have been leasehold - now its changed so new builds cant be sold as leasehold but when we bought this house it was common for all new builds to be on a leasehold basis.

That would put me off, would it be possible for you to purchase the freehold?

That would put me off as well. There also seems to be no mention of the lease length which may lead potential buyers to conclude it's relatively short (else why not include it).

EDIT: Oh dear, just seen there's a load of new builds being built close by that will all be freehold.

I'm also imagine this: https://www.rightmove.co.uk/property-for-sale/property-80136161.html is stealing your viewings... it's almost identical but is 35k less.

AH15

Thanks Exodi


Not possible at the moment to purchase the freehold and the lease has 989 years to run - might ask the EA to include that in the description

Exodi

AH15 wrote: »

Thanks Exodi


Not possible at the moment to purchase the freehold and the lease has 989 years to run - might ask the EA to include that in the description

Hi AH15, just edited my post, seems you have some fierce competition...

Out,_Vile_Jelly

Minor quibble- there are three spelling/grammar errors in the EA blurb.

need_an_answer

its a nice house.

My gripe is that the pictures don't flow. Group them together showing the areas of the house, as it stands it seems as if every 3rd photo is of the garden.


OFFERS OVER....are you another seller that wants to achieve in excess of that price? If so market it for that amount. Is the starting price the minimum you would accept or are you indeed open to an offer for example of £5k less....as a purchaser who potentially had £250k to spend I may not even bother to look.

IMO offers over always sounds greedy ...and I personally would never offer anything over or possibly even view it if there wasn't any negotiation on price. I much prefer a price that you can haggle with...even if you went for above your ideal and marketed it as offers invited.

babyblade41

I would say leasehold is what's putting people off, it's something I will never consider no matter how well presented it is....sorry

Bossypants

I would say take some new pictures of the deck where it isn't wet. All I could think when I saw that was how slippery and damp it looks, and since it's the second picture it really coloured my impression of the rest of the house.

And nix the offers over thing.

need_an_answer

I can see that a lot of purchasers around the country might be put off by it being a leasehold property (myself included for a family house) however if that's how its done in that area then,thats how its done.

Not ideal to buy a leasehold but potentially one of the reasons purchasers are put off is over the costs to maintain.

It might be an idea to clarify in your listing the costs involved...you may find people become more receptive to buying into the whole leasehold thing when they are clearly told the ground rent and service charges that possibly apply.

I've seen some leasehold developments charging £12 per year...ive seen other charge £1000...it might make people a little more comfortable with it all if they knew what bracket yours fell into.

westernpromise

AH15 wrote: »

Agree with what your saying but we didn't pay £207k - we paid £250k with Zoopla saying we should sell for £291k, however at £255k we are looking for a 2% increase.

Ah, OK, was probably looking at the wrong house. There is one with a "tempt me" price of £260k.

If there are significant differences in your house's space and location versus the cheaper ones nearby, those should probably be bigged up and to the fore in the blurb. If they aren't obvious, you could find people just scroll past, noticing only that yours is the highest asking price.