Although both are vital in property transactions, estate agents and Chartered Surveyors have different functions. By and large, estate agents mediate the buying and selling, using their knowledge of the market conditions to advise on pricing and negotiation. Meanwhile, Chartered Surveyors, especially those approved by RICS, undertake a more rigorous approach, delving into the minutest details of the property and providing a calculated valuation accordingly, by considering various elements.
A property’s interior does play a big part in determining its value. A well designed space that chimes with the current zeitgeist will command a higher price. A smart, contemporary interior can noticeably enhance a property’s appeal in London, where the lifestyle is as much a part of the property as the bricks and mortar above your head.
Planning a move to or within London? It’s crucially important to have a deep knowledge of the property market and the various submarkets. Leveraging the expertise of local teams who live and work in London postcodes every day ensures you’ll find a home that’s not just a property, but a statement about your lifestyle.
Having knowledge of the local area is priceless. Professionals operating there day-in, day-out will, invariably, provide vital market intelligence to help clients make better informed judgements. They will guarantee clients make the right decisions, whether that be capital appreciation estimations, lucid tenant demand signals, conservation area distinction, or by-laws in the neighbourhood.
The value of a London property is influenced by several factors. The condition of the home, its location, the recent market trends, and the interior design will determine how much it is worth. In addition to these factors, unique features or historical significance will increase the home’s value, a unique selling proposition in the busy London market.
Property management is so much more than simply collecting rent – it’s about keeping a property well-maintained, ensuring tenants are happy and addressing any issues that may arise promptly. In London, where a plethora of high-end rented properties are on the market, professional property management companies play a crucial role, ensuring landlords peace of mind and, potentially, the best financial return.