WELCOME TO RIGHT NOW RESIDENTIAL
We are a small, independent agency in London with big reach. Our expert, reputable team have years of exceptional experience and knowledge behind them. This coupled with access to both domestic and wide international markets, means we are best placed to maximise your assets. We value our honest service levels, we value repeat business. We value all our clients for life.
Featured Property
WHAT OUR CLIENTS SAY
INSIGHT
Why now is a great time to sell your home in London
There are rumblings in the press that the Chancellor, Rishi Sunak, will extend the Stamp Duty holiday deadline until the end of June. This is fantastic news for all those people who are in the process of completing and have been worried if it will happen in time. The Stamp Duty holiday certainly fired up the property market last year across the UK, and we saw many people moving as a result. Regardless of whether these rumblings become reality or not, we still believe that now is a great time to sell your home in London.
Are there buyers?
Even during a lockdown, the desire to move never fades, and that is proven when you take a look at February’s House Price Index from Rightmove. The index shows that visits to the property website are up 45% on last year, with those eager house-hunters increasing the number of enquiries by 18%. At Right Now Residential we have really felt this buyer increase; it seems that the prospect of a restriction-free (ish) summer has got people looking to the future, and for many this includes a new home.
What can they buy?
As fantastic as this surge of buyers is, there is a problem: demand is outstripped by supply, there are just not enough houses on the market for them to buy. This is not an issue limited to London; Rightmove figures also show that seller numbers are down by 21% from last year. In a sellers’ market such as this, it means that any home on the market will receive lots of attention, especially if it is priced correctly and marketed properly.
Where is the supply?
One of the reasons suggested for the lack of available properties is that people have resisted the urge to place their home on the market due to the pressures of home schooling. If you, like us, are trying to keep your sanity whilst googling ‘how to…’ to help your child with their schoolwork, you are not alone. Whoever said moving home is one of the most stressful things you can do in life, hasn’t experienced a lockdown with homeschooling alongside home working – thank goodness it comes to an end on the 8th of March.
It is completely understandable that the idea of throwing a move into the mix has been one stress too many for lots of people. When the little ones are back in school we believe that the number of homes coming on to the market will start to increase and, as such, start to meet that demand from buyers. But remember, the more houses there are for sale, the more competition there is to catch potential buyers’ attention.
What do they need?
Today’s buyers know exactly what they want. This last year has given everyone a different perspective on personal needs, and this might now include space to work from home. Only this week, HSBC have announced that they are letting go of almost half of their global office footprint in favour of a “very different style of working post-Covid”. They are not the only corporate name to be making this move, and it is believed that the post-Covid working environment will be very different to what it was just over 12 months ago.
This huge change in the global working culture means that now more than ever before, a space to work is essential, whether that’s from home or an office hub. We have seen over the past year many home offices being built in gardens and in converted garages. It is therefore worth thinking about presenting an ‘office space’ in your property when you decide to place your home on the market.
A fresh start
There is no doubt that the idea of a post-Covid fresh start is extremely alluring, the idea that when June arrives, you will be able to enjoy your freedom in a wonderful new home. We know that many of you in London have invested in your properties over the last year – the queues at the DIY stores and the difficulty of finding certain shades of paint and materials was testament to this. All your hard work and creativity may give you some good news when we come to value your property.
Why now?
Why wouldn’t you want to sell your home when there is an abundance of buyers and a lack of properties available? We can start to do the work now so that when the schools are back and things are a little calmer, we can have your home marketed as quickly as possible. If you’re thinking of moving, now is a great time to sell your home in London.
Give our team a call today on 020 3002 2650.
Are there buyers?
Even during a lockdown, the desire to move never fades, and that is proven when you take a look at February’s House Price Index from Rightmove. The index shows that visits to the property website are up 45% on last year, with those eager house-hunters increasing the number of enquiries by 18%. At Right Now Residential we have really felt this buyer increase; it seems that the prospect of a restriction-free (ish) summer has got people looking to the future, and for many this includes a new home.
What can they buy?
As fantastic as this surge of buyers is, there is a problem: demand is outstripped by supply, there are just not enough houses on the market for them to buy. This is not an issue limited to London; Rightmove figures also show that seller numbers are down by 21% from last year. In a sellers’ market such as this, it means that any home on the market will receive lots of attention, especially if it is priced correctly and marketed properly.
Where is the supply?
One of the reasons suggested for the lack of available properties is that people have resisted the urge to place their home on the market due to the pressures of home schooling. If you, like us, are trying to keep your sanity whilst googling ‘how to…’ to help your child with their schoolwork, you are not alone. Whoever said moving home is one of the most stressful things you can do in life, hasn’t experienced a lockdown with homeschooling alongside home working – thank goodness it comes to an end on the 8th of March.
It is completely understandable that the idea of throwing a move into the mix has been one stress too many for lots of people. When the little ones are back in school we believe that the number of homes coming on to the market will start to increase and, as such, start to meet that demand from buyers. But remember, the more houses there are for sale, the more competition there is to catch potential buyers’ attention.
What do they need?
Today’s buyers know exactly what they want. This last year has given everyone a different perspective on personal needs, and this might now include space to work from home. Only this week, HSBC have announced that they are letting go of almost half of their global office footprint in favour of a “very different style of working post-Covid”. They are not the only corporate name to be making this move, and it is believed that the post-Covid working environment will be very different to what it was just over 12 months ago.
This huge change in the global working culture means that now more than ever before, a space to work is essential, whether that’s from home or an office hub. We have seen over the past year many home offices being built in gardens and in converted garages. It is therefore worth thinking about presenting an ‘office space’ in your property when you decide to place your home on the market.
A fresh start
There is no doubt that the idea of a post-Covid fresh start is extremely alluring, the idea that when June arrives, you will be able to enjoy your freedom in a wonderful new home. We know that many of you in London have invested in your properties over the last year – the queues at the DIY stores and the difficulty of finding certain shades of paint and materials was testament to this. All your hard work and creativity may give you some good news when we come to value your property.
Why now?
Why wouldn’t you want to sell your home when there is an abundance of buyers and a lack of properties available? We can start to do the work now so that when the schools are back and things are a little calmer, we can have your home marketed as quickly as possible. If you’re thinking of moving, now is a great time to sell your home in London.
Give our team a call today on 020 3002 2650.
Six clear signs that the asking price for your London home is too high
To say it has been a challenging twelve months would be an understatement, and there have been highs and lows when it comes to the property market in London. Regardless of the market conditions, it is essential that when selling your home you always get the price right. In fact, deciding to set the price of your property too high could have several rather unpleasant side effects, and could even be the reason why your house doesn’t sell. So before you fall into any traps, here are six clear signs that the asking price for your home is too high.
1. Because you believe it’s worth it
A mistake many people make when selling their home is deciding on the asking price themselves. You believe it is worth a certain figure, due to the amount you paid for it and the hard work you’ve undertaken adding upgrades, high-quality fixtures and fittings, and you may even have extended it. It can be really tempting to ignore the recommendations made to you by estate agents because this is your home, and you know what it is worth.
Sadly, the property market doesn’t work like that – we wish it did. There is often a ceiling price for what a house can realistically achieve in a particular area, and current market conditions mean the value of your home can fluctuate. At Right Now Residential we want you to achieve the highest possible sales price, and our valuation figure is based on research, expertise, and knowledge in the current market what buyers will be willing to pay. We negotiate strongly, ensuring that we have done everything we can to get your house sold for the highest possible price.
2. Swayed by the big bucks
At Right Now Residential we believe in an honest and straightforward approach. We know our expertise and the experience of our clients, together with our local knowledge, is why we are considered one of the best estate agents in London. The valuation we give of your home is not inflated in any way to win your business. As difficult as it may be when deciding on an estate agent to sell your home, don’t be swayed by the big bucks, take all aspects of their service and their experience of selling local properties into account.
3. The price is not right
Another trap you can fall into if you’re swayed by the big bucks is the scorn of the savvy buyer. Buyers today know their way around the property portals; they know what reports to review and how to look up Land Registry details, and they know an overpriced house when they see one. No matter how stunning your home looks in the marketing materials, if a buyer’s research tells them it is overpriced they will simply stay away. Do you want to take that gamble?
4. Viewings are down
Your house is on the market, you have seen it on the property portals and you wait with anticipation for the virtual and physical views to start racking up. The minutes pass, the hours tick by, and the days turn into weeks, and that initial excitement begins to turn into dread. The viewings you have had have started to dry up, and you are wondering what you can do to turn things around. You may wish to lower the asking price now, but sadly the damage has already been done.
5. Less than expected
Lowering your asking price may attract buyers, but again you’ll be hit with the curse of savvy buyers. They will know that the asking price has been lowered and, as such, will tend not to make a competitive offer. Buyers will be expecting to negotiate to get a good deal, and if you are receiving offers that are significantly lower than expected, this is certainly a sign that your home is overpriced.
6. You’ve been left on the shelf
Selling your home can take time, but the longer it sits on the market the less attractive it becomes. The optimum time for selling your home is when it is first listed, therefore you need to have everything correct from the start. If after six weeks things have become stale, it is very difficult to reinvigorate the same momentum. None of us at Right Now Residential want your house gathering dust, which is why we never want to see it left on the shelf.
When placing your home on the market in London it is essential that you get the price correct from the start, so you don’t fall into any of these traps. If you want your home sold and not just listed, then you need to use an estate agent who understands the importance of valuing your home correctly.
1. Because you believe it’s worth it
A mistake many people make when selling their home is deciding on the asking price themselves. You believe it is worth a certain figure, due to the amount you paid for it and the hard work you’ve undertaken adding upgrades, high-quality fixtures and fittings, and you may even have extended it. It can be really tempting to ignore the recommendations made to you by estate agents because this is your home, and you know what it is worth.
Sadly, the property market doesn’t work like that – we wish it did. There is often a ceiling price for what a house can realistically achieve in a particular area, and current market conditions mean the value of your home can fluctuate. At Right Now Residential we want you to achieve the highest possible sales price, and our valuation figure is based on research, expertise, and knowledge in the current market what buyers will be willing to pay. We negotiate strongly, ensuring that we have done everything we can to get your house sold for the highest possible price.
2. Swayed by the big bucks
At Right Now Residential we believe in an honest and straightforward approach. We know our expertise and the experience of our clients, together with our local knowledge, is why we are considered one of the best estate agents in London. The valuation we give of your home is not inflated in any way to win your business. As difficult as it may be when deciding on an estate agent to sell your home, don’t be swayed by the big bucks, take all aspects of their service and their experience of selling local properties into account.
3. The price is not right
Another trap you can fall into if you’re swayed by the big bucks is the scorn of the savvy buyer. Buyers today know their way around the property portals; they know what reports to review and how to look up Land Registry details, and they know an overpriced house when they see one. No matter how stunning your home looks in the marketing materials, if a buyer’s research tells them it is overpriced they will simply stay away. Do you want to take that gamble?
4. Viewings are down
Your house is on the market, you have seen it on the property portals and you wait with anticipation for the virtual and physical views to start racking up. The minutes pass, the hours tick by, and the days turn into weeks, and that initial excitement begins to turn into dread. The viewings you have had have started to dry up, and you are wondering what you can do to turn things around. You may wish to lower the asking price now, but sadly the damage has already been done.
5. Less than expected
Lowering your asking price may attract buyers, but again you’ll be hit with the curse of savvy buyers. They will know that the asking price has been lowered and, as such, will tend not to make a competitive offer. Buyers will be expecting to negotiate to get a good deal, and if you are receiving offers that are significantly lower than expected, this is certainly a sign that your home is overpriced.
6. You’ve been left on the shelf
Selling your home can take time, but the longer it sits on the market the less attractive it becomes. The optimum time for selling your home is when it is first listed, therefore you need to have everything correct from the start. If after six weeks things have become stale, it is very difficult to reinvigorate the same momentum. None of us at Right Now Residential want your house gathering dust, which is why we never want to see it left on the shelf.
When placing your home on the market in London it is essential that you get the price correct from the start, so you don’t fall into any of these traps. If you want your home sold and not just listed, then you need to use an estate agent who understands the importance of valuing your home correctly.
How to fall in love with a London home without seeing it in person
Love is in the air, with Valentine’s Day coming up this weekend, but whilst a lovely evening out is not possible, many buyers are seeking to fall in love with a new home this lockdown. It seems strange that a year ago life was all going on as normal and then, all of a sudden, it stopped. We have been extremely lucky that, as an industry, we have been able to stay open, but we’ve made many changes along to way to ensure that we operate in a Covid-secure way. This has meant that, as an agency we offer virtual viewing aswell as physical viewings for those in a position to proceed.
Every vendor and buyer is different; due to health conditions, some vendors are not allowing physical viewings. We have a number of buyers from further afield who are seeking to move to London to start a new life somewhere new, whether that’s to be close to friends or family or just needing a fresh start. With this in mind, as buyers, how do you fall in love with a home without seeing it in person?
Utilise all the tools
With restrictions in place, as an agency we’ve had to adapt in any way we can. As well as a wealth of high-quality photographs, we also enable our buyers to view homes via video. At Right Now Residential we offer video tours of our homes, giving you greater insight into how the property is laid out, room sizes and how one room flows into the next. Another type of viewing we offer on many of our properties is via livestream. At a set time, you can view a property live while one of our agents conducts a tour; this is a great opportunity for you to ask any questions that you may have, as if you were physically there.
We know these tools do not beat physically being inside a property, but they are the next best thing when you’re looking to find your next home. We highly recommend you use all the tools an agent has to offer, because they will give you different perspectives on a property from different angles, meaning you may notice things you hadn’t seen before. The more you know about a house, the easier it is to begin to see yourself living there.
Study the floorplan
Furniture and decoration can change the perception of how big a room actually is. Large furniture can make a room feel smaller, as can too much decoration, so viewing a property via video or photographs still only provides a guide to the space a home truly offers. This is where a floorplan comes into play. For some strange reason, not every estate agency provides a floorplan – why? They are essential for buyers and so are a must when we’re marketing a property for sale.
A floorplan gives you the facts. It ignores how beautifully decorated a home is and whether the king size bed overpowers the room, a floorplan is what it is – the actual size of each room and where it is located in the property. This is your Holy Grail; from here, you can see how the home is laid out, if your ideas for renovation could be possible, and if that stunning dining table you just purchased will fit in the room. A video tour may emotionally grab your attention, but the facts from the floorplan will tell you the truth.
Check out the neighbourhood
We know you can’t travel but there are many ways you can check out the neighbourhood to see if it is what you’re looking for. Google Maps will allow you to virtually walk down the road and explore what’s on offer close by. The images could be a couple of years old but it will help you get a sense of where things are located.
Good old-fashioned conversations allow you to dig deeper and ask questions about particular things that matter to you. Join the local Facebook groups and NextDoor to find out what it is really like to live there and if there are things you can join in with when normality returns. Where is the local shop or supermarket? What is parking like on your street? Can you walk to the park? What is the school really like? Where can you get the best takeaway? There is no one better to answer your questions then the people who live there right now. When you buy a house, you are becoming part of the Londoncommunity. By starting conversations online you will get a sense of who your neighbours are and perhaps even make some new friends before you move in.
Listen to your gut
We all have that sixth sense, that little something that niggles when something just doesn’t seem quite right. Our eagerness and excitement can make us banish this feeling, as our hearts want a different outcome. But remember, this is a huge investment you are about to make so, hard as it may be, you need to listen to your gut. You will know when you’ve found your dream home, it may just have been waiting a little longer to come your way.
If you’re looking to buy a home in London our team can’t wait to help. Remember to register with us so we know exactly what you’re looking for; should we find it, we can make sure that you’re one of the first to know.
Register today on 020 3002 2650.
Every vendor and buyer is different; due to health conditions, some vendors are not allowing physical viewings. We have a number of buyers from further afield who are seeking to move to London to start a new life somewhere new, whether that’s to be close to friends or family or just needing a fresh start. With this in mind, as buyers, how do you fall in love with a home without seeing it in person?
Utilise all the tools
With restrictions in place, as an agency we’ve had to adapt in any way we can. As well as a wealth of high-quality photographs, we also enable our buyers to view homes via video. At Right Now Residential we offer video tours of our homes, giving you greater insight into how the property is laid out, room sizes and how one room flows into the next. Another type of viewing we offer on many of our properties is via livestream. At a set time, you can view a property live while one of our agents conducts a tour; this is a great opportunity for you to ask any questions that you may have, as if you were physically there.
We know these tools do not beat physically being inside a property, but they are the next best thing when you’re looking to find your next home. We highly recommend you use all the tools an agent has to offer, because they will give you different perspectives on a property from different angles, meaning you may notice things you hadn’t seen before. The more you know about a house, the easier it is to begin to see yourself living there.
Study the floorplan
Furniture and decoration can change the perception of how big a room actually is. Large furniture can make a room feel smaller, as can too much decoration, so viewing a property via video or photographs still only provides a guide to the space a home truly offers. This is where a floorplan comes into play. For some strange reason, not every estate agency provides a floorplan – why? They are essential for buyers and so are a must when we’re marketing a property for sale.
A floorplan gives you the facts. It ignores how beautifully decorated a home is and whether the king size bed overpowers the room, a floorplan is what it is – the actual size of each room and where it is located in the property. This is your Holy Grail; from here, you can see how the home is laid out, if your ideas for renovation could be possible, and if that stunning dining table you just purchased will fit in the room. A video tour may emotionally grab your attention, but the facts from the floorplan will tell you the truth.
Check out the neighbourhood
We know you can’t travel but there are many ways you can check out the neighbourhood to see if it is what you’re looking for. Google Maps will allow you to virtually walk down the road and explore what’s on offer close by. The images could be a couple of years old but it will help you get a sense of where things are located.
Good old-fashioned conversations allow you to dig deeper and ask questions about particular things that matter to you. Join the local Facebook groups and NextDoor to find out what it is really like to live there and if there are things you can join in with when normality returns. Where is the local shop or supermarket? What is parking like on your street? Can you walk to the park? What is the school really like? Where can you get the best takeaway? There is no one better to answer your questions then the people who live there right now. When you buy a house, you are becoming part of the Londoncommunity. By starting conversations online you will get a sense of who your neighbours are and perhaps even make some new friends before you move in.
Listen to your gut
We all have that sixth sense, that little something that niggles when something just doesn’t seem quite right. Our eagerness and excitement can make us banish this feeling, as our hearts want a different outcome. But remember, this is a huge investment you are about to make so, hard as it may be, you need to listen to your gut. You will know when you’ve found your dream home, it may just have been waiting a little longer to come your way.
If you’re looking to buy a home in London our team can’t wait to help. Remember to register with us so we know exactly what you’re looking for; should we find it, we can make sure that you’re one of the first to know.
Register today on 020 3002 2650.