The age-old dilemma - sell or let?
Posted on 17th September 2018 at 14:16
We know that many people find themselves considering relocation due to work commitments, choice of new school, family commitments - or simply through personal choice to up-sticks and try somewhere new! For many, this brings up the dilemma of whether to sell and cut all existing ties, or to let and still have a base to come back to.
Now, there are many considerations to be made within this very important decision and at Strawberry we are in a perfect position to assist in a number of ways.
Firstly, we can provide the necessary figures for the financial calculation- an essential stage within the process. A comprehensive (but entirely free of charge) property valuation will allow us to look at the sale value versus the potential rental income and this will give a good indication of what budget would be available to transfer to either purchase or rent in the new location. On top of this, we can share the current trends in the area – e.g. are we getting more people looking to buy or to rent, how long has it been taking to sell/ let on average – all very useful information, which we have at hand as we not only keep a check on our own performance, but also make sure we stay abreast of what is happening in the local area.
Turning then to the ‘hassle factor’ of the decision process, we can look at more practical considerations such as the steps which might need to be taken to get the property sale- ready or rental-ready, including EPC, safety regulations for tenanted properties etc. We’ll make sure that everything of relevance is covered, for example whether the furniture is actually going to be needed at the new location (and therefore the let would be on an unfurnished basis).
And finally, to ensure that the letting option is not simply eliminated due to the need to regularly return to ‘keep an eye on things’, we can also provide details and costs for comprehensive management packages which cover every aspect of a landlord’s responsibility. With Strawberry overseeing the practical and legislative needs of the let on a day-to-day basis, the otherwise arduous tasks associated with letting are replaced with peace of mind in knowing that everything is in hand.
So, if you are in a position where you are simply unable to decide whether to stay or go, or to sell or let, then pop down to have a chat with us and let us give you the facts you need to make an informed decision. Our experience and professionalism have led to our great reputation for relocation and we are happy to share the knowledge and help whenever we can.
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