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What is the benefit of making your Tunbridge Wells, Crowborough or Forest Row home greener?

Soaring energy bills are something that none of us can ignore at the moment; the cost of living crisis is expect to worsen this winter, with industry experts warning that the typical bill could exceed £3600 this winter, and continuing into 2024. Dr Craig Lowrey, principal consultant at Cornwall Insight, said: “While the rise in forecasts for October and January is a pressing concern, it is not only the level – but the duration – of the rises that makes these new forecasts so devastating.” With this in mind, it is no wonder that many homeowners in Tunbridge Wells, Crowborough and Forest Row are looking at ways to make their home greener and more energy efficient.

Lack of understanding

At KMJ Property we always do our research, and according to a report published by Rightmove at the end of July, one of the biggest reasons
homeowners are not making green improvements is because they feel they don’t need too. This could be very much down to a lack of understanding of what improvements to make and also the lack of financial incentives, although making homes green is critical if the UK is to reach Net Zero by 2050. Rightmove found that 33% of homeowners think that making changes to their property would be too expensive, yet will be the cost of living crisis become the biggest motivator?

Buyers attraction

At KMJ Property we have noticed that buyers are more conscious about looking for properties that have green features. Rightmove have seen that there has been a rise in searches for features such as solar panels and heat pumps through their keyword sort tool. Compared to the start of 2020, Rightmove have noted that estate agents are now including 73% more green terms as key selling points. Buyers will no doubt be attracted to homes that are sustainable and whose owners have made changes to make them more energy efficient.

Benefits for sellers

With one of the main concerns for homeowners being the expense of adding such features, are there any financial benefits? Analysis by Rightmove found that sellers who had made improvements to upgrade their energy performance certificate (EPC) rating from an F to a C had on average achieved 16% more on the price of their property. Green features that have increased the EPC rating from E to C achieved an extra 8%, whereas those that moved from D to C resulted in an extra 4% average.

Your EPC is a snapshot in time and an assessment of your building. It also gives you a list of
recommendations on the changes you can make to help improve your home’s efficiency and, in turn, your energy bills. Some of the changes you could potentially make include:

• improving insulation in loft and walls
• replacing your boiler
• installing a wood-burning stove
• adding solar panels.

The experts state “Improving a property’s green credentials is critically important as the UK strives to hit Net Zero. The immediate challenge is the sheer number of properties that are currently below an EPC rating of C and the costs involved to fix this. There has been much debate about what could happen in the future to homes with poor energy efficiency, and the government has said they will make sure these homes can still get mortgages. But I don’t think it would be a surprise if in ten years’ time we see that people taking out mortgages or remortgaging a home with the lowest EPC ratings find that they miss out on the best mortgage rates.” Rightmove’s Director of Property Science, Tim Bannister

The long term gain.

Not all changes you making to your property will have an instant impact on your finances, features such as solar panels could take between 11 and 27 years to recoup the cost, according to the Energy Saving Trust (EST). Already, in the UK around 1 million properties have installed solar panels, with the number rising rapidly. Depending on how much energy you use, a typical home will save £300 a year, and at the moment any saving, we know, will be warmly appreciated.

Greener future

At KMJ Property we can certainly see a growing need for homes with more energy efficient features, not only with concerns of the cost of living but also climate change. When selling your property, make sure you highlight any green upgrades you have made, as they may help to attract conscious buyers. Give our team a call to discuss the benefits of making your home greener. Call 01892 515188 or email us at sales@kmjproperty.co.uk.

How home ownership in Tunbridge Wells, Crowborough, Forest Row and The Surround Areas affects you and your future

How home ownership in Tunbridge Wells, Crowborough, Forest Row and The Surround Areas affects you and your future
Summer has already brought us a flurry of celebrations this year, especially if you have joined in with all the jubilee festivities. This time of year is also a lot of peoples favorite time of year because it brings lovely things, such as warmer weather, longer days, summer holidays and June is also National Homeownership Month in the US. Although we may not share this monthly celebration in the UK, it does feel like the ideal month to reflect on how impactful owning a home can be. This is why at KMJ Property we have taken the time to look at how home ownership in Tunbridge Wells, Crowborough, Forest Row and The Surround Areas affects you and your future.
More than just a space

A home is more than bricks and mortar: it gives you a sense of belonging, it offers you a stake in the community, an investment and also a place you can put your stamp on. Buying a home is an emotional experience, never mind the highs and stresses of finding and purchasing, knowing you own your home gives you a unique sense of pride. The home you own grows with you. You mould it and shape it to what you and your family need as the years go by; it reflects your personal tastes and personality, your own little corner of the world.

A place to belong

Owning a home is more than the building you own: you belong to a community, and it gives you the opportunity to become more involved in the local area that you have invested in. You now have the chance to put down some roots, as most people plan to stay in their home for a good number of years. As humans, we have an innate need to be social, and building tight-knit networks helps us to thrive, which is why connecting with the neighbourhood we live in gives us a sense of belonging.

Less stress

With this cost of living crisis, all our finances are stretched, and knowing what we have to pay each month can ease some of your worries. Depending on the type of mortgage you have, your monthly payments will stay the same no matter what is happening with inflation and interest rates. Having control over your own environment also brings a sense of calm and happiness, and when your home is your sanctuary you will naturally feel less stress.

Secure future

A house is often described as the biggest asset you will purchase. Every year the equity grows and, as a result, you build your net worth as a homeowner. The more you increase your equity the more choices you may have in the future; it could be a stepping stone to upsizing your property. Your home could provide you some financial freedom, allowing you to downsize and fulfil a dream or two or explore other continents. When you own a property it truly offers you an ideal solution to building your long-term financial position.

It has its challenges

We all know that homeownership isn’t all sunshine and roses – it also has its challenges. Homes come with maintenance, unlike when you rent a property, and you are responsible for any repairs and maintenance and this also comes at a cost. That being said, there is great satisfaction in being a home owner, so this June, take a moment to survey your castle and remind yourself what treasure your property brings you and your family.

If you’re thinking of buying a home, or if the shine has faded on your abode and you wish to bring the sparkle back to home ownership, our team are ready to help you take the next step to your future. Give our team a call on 01892 515188 or send us an email on sales@kmjproperty.co.uk

Expert tips to help sell your Tunbridge Wells, Crowborough and Surrounding Areas home this summer

School holidays are officially here (yay!), which means it is officially summer – although our weather doesn’t often play along. When you’re selling your home, you need to bring the essence of the season into the presentation of your property. Summer is a time of fun and happiness, a time of parties in the garden with friends and family, light-filled rooms, and relaxing in the sun.  To maximise your home’s selling potential this summer, take tips from the experts and create inviting scenes and vignettes to make your Tunbridge Wells, Crowborough and Surrounding areas buyers swoon this summer.

Create a hot welcome

Vignettes are used by home stagers, where they create curated scenes to highlight your home’s best features to draw buyers in, and the best results are always achieved when you reflect the season in your design.  Don’t wait for buyers to step inside your property to create a hot welcome: you want them to be wowed at first sight by what your house has to offer.

 

Your home’s kerb appeal should create a story that depicts the lifestyle potential buyers crave. If it is a quiet spot, is there space for a small bench where you could place a throw, book and a small table? Maybe you could put together the perfect morning coffee spot or spruce up your exterior with bright and colourful seasonal flowers, transforming it to the best looking home on the street.

A sunny start

Now you have grabbed a potential buyer’s attention, you need to keep them excited as they enter your home. Your entrance may be a grand hallway, or lead straight into a room, or look onto your staircase. Regardless of the size and shape, you need to make sure that as your buyers enter your home they have a sunny start that makes a statement. It needs to be bright and airy and clutter free; think about the décor and don’t think twice about it having a freshen-up. Less is more when it comes to accessorising, a vase of freshly cut flowers and a soft-scented candle could be enough.

 

Zesty kitchen

When you think of summer, you picture bright colours; therefore, this is the ideal season, so add some of these colours subtly into your home – the kitchen is the ideal place. Oranges, limes and lemons can add some zest to your kitchen when place in a large fruit bowl or vase. A summer vignette for the kitchen could be some strawberries and scones placed on a cake stand, or is there space for a little scene in your dining area? Open a few windows to freshen up your home before showing your buyers around for their viewing.

Garden haven

One of the most important ‘rooms’ in your house to focus on is your garden and it’s the perfect setting to play with vignette staging.  If you have the space, you can add a couple of small scenes, such as a place to entertain: don’t clutter, and try to keep the colours you use to a minimum. If your garden is small, a table and chairs, a bottle of wine or gin in an ice bucket and a couple of glasses will be perfect. We would always recommend that you add a place for someone to relax, whether that’s a sun lounger or a chair with some large cushions and a carefully placed magazine.

 

 

That warm feeling

The home staging experts know how important it is for a home to project a lifestyle as it helps to generate that warm feeling that all estate agents love to see in potential buyers. Use the summer to add some shine to your home and get your Tunbridge Wells, Crowborough and Surrounding areas home sold. For more ideas to attract potential buyers thus summer, contact our team on 01892 515188 or shoot us an email at sales@kmjproperty.co.uk

The 7 deadly sins that could kill the sale of your Crowborough, Tunbridge Wells and Surrounding Areas home

The property market has been on the sellers’ side this last couple of years, and, as such, some people have become complacent. Yet with the high cost of living prices and predictions of the market starting to slow, the tables are starting to turn. If you are considering selling your home you can no longer rely on a crazy market to get your house sold; if you want the best price, you need to put in some effort. Therefore, if you are committing any of these seven deadly sins, you could very easily kill or hinder the sale of your Tunbridge Wells, Crowborough and Surrounding Areas home.

Pride

We know you love your home, but one of the things that can really be a hinderance is loving it too much and having your blinkers on. You may have made some unique decorating choices, have some DIY jobs to do, left rooms without a purpose, or taken the decision not to declutter – well, buyers can see through these flaws can’t they? Remember the same essential rules for presenting your home are important in any property market; don’t let your pride effect your sale.

 

Greed

Greed is a behaviour that home sellers fall into often without even realising. Of course you believe that your home is worth a particular amount, especially when you see what has been happening locally. Every home is different, even if they may look the same; therefore, as they say, you cannot judge a book by its cover. When we value a property, we have to take so many things into account, and this includes what the market at that particular moment will pay for your home.

Home values can change from street to street, from house to abode and, although doing your research is a good starting point, it is important that you listen to what the experts are telling you. If you overvalue your property you may end up selling it for a lot less than your initial appraisal. This is because if buyers think your property is overpriced, they may not view thus leaving your home gathering cobwebs in an estate agent’s window. If you put greed to one side you may even receive an offer close to your dream amount.

Lust

One of the reasons you may have decided to move is because you have seen your dream home and are desperate to make an offer. Your lust for a new property can often see you making rushed decisions on your current Tunbridge Wells, Crowborough and Surrounding Areas home, which may not be the best for the property or its pending sale. If you have seen a home your want, your best course of action is to put all your efforts into selling your home and achieving the strongest offer you can, as this will place you in a better position when it comes to putting an offer in on your dream home.

 

Envy

Oooh, that little green-eyed monster is never good unless you twist those little feelings into a positive. We often see the envious side of a seller when they have watched a neighbour sell their home for more than the valuation they have received for their property. Rather than seeing this as a negative, find out the reasons why and discover if there are any upgrades you can make to your home to help you achieve that envied sale price.

Gluttony

Are you someone who always wants more? You want more online views, more viewings, more offers, more, more, more. When it comes to selling your home, gluttony does not sell houses, what you need is not quantity but quality. Therefore, even though you may only have three potential buyers through your doors in the first couple of days, if those three buyers are serious and translate into offers, what more could you need?

 

Wrath

There is nothing like a house move to bring out a wealth of emotions, and although some of these emotions are wonderful to experience, others are completely not! There is no doubt that there will be stress, and often there will be things you don’t expect, so allow us, as your estate agent, to take on the strain so you don’t cause your sale to collapse due to the wrath.

Sloth

You may not be in any hurry to move but that doesn’t mean every other buyer or seller in your chain has the same thinking. Whilst you may be very happy to see things plod along, your lack of haste may be seen as delays by your buyer. Delays are a deadly weapon when it comes to house sales, as we always say, delays cause doubts, and doubts are one of the biggest reasons for people to pull out of a sale. So think more like a cheetah and help the sale to a quick and graceful completion.

The biggest sin of all

One of the biggest sins is to not choose the right estate agent, as they will ensure that no other sins are committed and that your sale will be a heavenly experience. Give our team at KMJ Property a call today on 01892 515188

What will the next few months bring to the Tunbridge Wells, Crowborough and Surrounding areas property market?

Summer is here and you may be enjoying the warmer weather, festivals and even travelling to exotic and warmer shores, so the last thing you may be considering is moving home. Summer has notably not been the favoured season for buying or selling property as everyone is busy soaking in the sun rather than being inside on a computer: sales would often pause until normality returned, but these days technology means everything can keep following along quite nicely. No matter when you decide to sell, it is also good to understand what is happening in the property marketand how that affects the value of your home in Tunbridge Wells, Crowborough or the Surrounding areas.

Higher, Higher

When Covid hit and the country headed into lockdown, instead of the market stalling there was a frenzy as people reassessed their home and lifestyle, and priorities changed.  House prices have continued to rise with the property market seeing its fifth price record this year, according to Rightmove’s June House Price Index.  Demand for each available property still remains very strong at the moment, in fact it is more than double the pre-pandemic May average; this is despite the challenges we all face with the increasing cost of living. It is predicted, however, that things will change, as there are signs the pace is easing and you may see property prices in the area starting to fall in the coming months.

 

“The exceptional pace of the market is easing a little, as demand gradually softens and price rises begin to slow, which is very much to be expected given the many record-breaking numbers over the past two years. When we look at the number of buyers contacting estate agents compared to 2019 or the pre-pandemic five-year average, demand is still very high compared to what was once considered normal. We’re hearing from agents that though they might have had slightly fewer enquirers for each property in recent months, they’re still seeing significant interest from multiple buyers and are achieving successful sales. Entering the second half of the year, we anticipate some further slowdown in the pace of price rises, particularly given the worsening affordability challenges that people are facing. We expect this to bring the annual rate of price growth down from the current 9.7% towards the 5% increase that Rightmove predicted at the beginning of the year.”-  Tim Bannister Rightmove’s Director of Property Science

More choice

One thing all buyers want when looking for a new home is to have a wealth of options. There is nothing more frustrating than to search for months and months and not find exactly what you are looking for. Buyers at the moment can rejoice that the number of properties coming onto the market was up by 7% in May compared to the same time last year. Even though there is more choice, buyers are still having to move quickly and with conviction to secure their ideal home.

 

The backlog means you need to act

One thing the lockdown did cause was a backlog when it came to the conveyancing part of the process. Instead of the 100 days it took on average to complete a purchase after agreeing a sale in 2019, it is currently taking 150 days. According to Rightmove there are ‘more than 500,000 homes that are currently sold subject to contract, a massive figure which is 44% higher than it was at this time in 2019, and 39% higher than the pre-pandemic five-year average.’

There are obviously variations on this, but it does stress the importance of finding the right conveyancer for your sale and your purchase, to ensure excessive delays will not impact on your sale. Delays in the sales process can make both sellers and buyers anxious, and even have doubts, and when doubts start to set in, that’s when we start to see sales falling through.

Summer selling

How the property market is performing may influence your decision on whether to move home or not, but if you would like an honest discussion about when is the right time for you and your family then please give our team at KMJ Property a call on 01892 515188 or shoot us an email at sales@kmjproperty.co.uk

5 Signs it’s time to sell your Tunbridge Wells, Crowborough or Surrounding Areas home

On average, we stay in our homes for around 12 years yet Covid saw a surge in people wishing to make that change sooner, although this is slowing a little in Tunbridge Wells, Crowborough and the surrounding areas lately.

The decision to sell your home can be for a variety of reasons: it could be something that you have been considering for some time, a snap decision or one you have come to due to a change in circumstances. Often there can be financial and emotional factors behind such a move yet you may still be unsure whether to take the leap. How do you know if the time is right?

Here are five common signs that it’s time to sell your home.

 

  1. The current market

Before you make the decision on whether it is time to say goodbye to the home you love, it is always good to understand the current market, especially if you’re thinking of a move due to finances. According to the latest House Price Index from Rightmove, the average price of a property coming onto the market has risen by 0.3%, reaching another new record high for a fifth consecutive month. Although the demand for each property by potential buyers was down by 8% in May compared with April, it is still more than double (+113%) the pre-pandemic five-year May average.

“The exceptional pace of the market is easing a little, as demand gradually softens and price rises begin to slow, which is very much to be expected given the many record-breaking numbers over the past two years. When we look at the number of buyers contacting estate agents compared to 2019 or the pre-pandemic five-year average, demand is still very high compared to what was once considered normal. We’re hearing from agents that though they might have had slightly fewer enquirers for each property in recent months, they’re still seeing significant interest from multiple buyers and are achieving successful sales. Entering the second half of the year, we anticipate some

further slowdown in the pace of price rises, particularly given the worsening affordability challenges that people are facing. We expect this to bring the annual rate of price growth down from the current 9.7% towards the 5% increase that Rightmove predicted at the beginning of the year.” Tim Bannister Rightmove’s Director of Property Science

 

2.Local influence

 

Although this is a national view, it does reflect what we are seeing locally – buyers’ demand still remains high, and the quality of those buyers is strong. Today’s buyers know they will need to make quick decisions should they find their ideal home and, therefore, they have to be in a robust position to proceed.

If you’re thinking of selling, you may have been following what is happening in the local market, which of your neighbours’ properties have sold, and, of course, making note of their asking prices. This is always a good starting point, but if you truly wish to understand how your property will perform, you should always request an appraisal from a small number of estate agents.

 

 

  1. Feeling the pinch

 

There is no doubt that we are all feeling the pinch right now as the cost of living crisis continues to affect our household finances. Hopefully you are still able to make ends meet, but we have started to see several buyers who have made the decision to move to ease the burden. We know this will not be a decision you make lightly, but it is worth investigating if you want to reduce your mortgage and any other associated costs. Deciding to sell for this reason, we know, will be an extremely difficult one filled with a wealth of emotions, but we can reassure you at KMJ Property we will support you each and every step of the way.

  1. The size isn’t right

 

As we move through life our family can grow, spread their wings, and come back together. Your needs for your home change as your home and work life continue to evolve. There may be times in your life when your home feels too big and others where you are crying out for more space. One of the main deciding factors for many homeowners looking to sell their home is when they know the size isn’t right. Therefore, if you are looking to upsize, downsize or, what has now become increasingly popular, find a home that can bring generations together, if there is a lack or an overabundance of space, it may be time to find a better fit.

  1. Too much work

 

Every home has its needs; you may have fallen in love with a property due to its extensive garden, been swept away by its period features, or been excited by the potential that is hidden within its walls. You may or may not have been aware of how much work you were taking on, but what once was a dream is slowing turning into a nightmare, as the reality of living in and maintaining or renovating such a home hits you. Keeping hold of a property you have fallen out of love with can be a drain, emotionally as well as financially, as decisions can be rushed rather than thought through properly. Should your feelings start to change about your property, it may be wise to move before how you feel starts to show in the presentation of your home.

 

What does your gut say?

There are never any guarantees when selling your home, but whatever the reason for your move you should always consider all aspects rather than making a hasty decision. If you would like an honest appraisal of your home and the opportunity to discuss the reality of selling in today’s Tunbridge Wells, Crowborough and Surrounding Areas market, give our team a call on 01892515188.

What to expect when your house sale is in solicitors’ hands a guide for buyers and sellers in Tunbridge Wells, Crowborough and the Surrounding Areas.

The exciting part is over; a buyer has decided they want to make your Tunbridge Wells or Crowborough house their home, and just as you reach the fever pitch of accepting an offer, there is a lull. You have been very much hands-on preparing your home for sale by having a say on the description we write as well as the photos and even when the property goes live! But now it feels like the sales process (conveyancing) is taking place without you. There is always an element of the unknown when conveyancing starts, even the easiest of sales can have a hiccup or two along the way. At KMJ Property we know that many sellers may not fully understand what may happen and how you can have a hand in changing the outcome. Therefore, it is important to understand what to expect when your Tunbridge Wells, Crowborough or Surrrounding areas home sale is in solicitors’ hands.

 

What is conveyancing (also known as the sales process)?

The sales process is the transfer of the legal home ownership from you, the seller, to the buyer. It begins with you accepting an offer and ends when the monies for your property, whether cash or mortgage, are paid and the keys are handed over.

Nerves and doubts

The easiest way to ensure that you have a smooth journey from offer to completion is to be ready to act. Delays make buyers and sellers nervous, and as soon as nerves kick in you usually find that doubts will follow, and what you never want when you are selling your home is someone in your chain having doubts about whether to proceed. With this in mind, get all your home’s records and certificates ready so that when your solicitor requests, for example, your boiler service record there is no mad panic and searching of cupboards for the illusive bit of paper – you will have it in your hand as if by magic!

The curse of fall-throughs

No one wants their house sale to fall through and yet accepting an offer from a buyer who isn’t in an actual position to proceed raises a big alarm bell. According to research by Quick Move Now, 25% of sales that failed between January and March this year were cause by a buyer who struggled to secure a mortgage. If you instruct us to sell your home, we make sure that all potential buyers are qualified, to ensure they are in a position to proceed, therefore it is worth checking that the estate agent you choose also does the same.

The challenge of an incomplete chain

When your house sale moves into the hands of your solicitor, so does that of the rest of your chain. Your sale is linked to other buyers and sellers, and there will be a top and bottom and what happens in any of the links can result in the whole chain collapsing. The importance of selecting the correct estate agent and solicitor is that they will be keeping an eye on each and every sale, and at any sign of rumbles they will be working hard to get it resolved. If someone pulls out of your chain, at KMJ Property we don’t just sit by and watch everything fall apart: we work hard to find a solution so that you can move as you had initially planned. Having someone fighting not just your corner but your entire chain makes a smoother and more enjoyable sales process.

 

Be ready to make decisions

Your conveyancer will draw up a draft contact, using information from a questionnaire you are required to complete, which will then be sent to your buyers. This document will be the basis of negotiations which will include your completion date, what fixtures and fittings are included in the sale as well as things that could arise as a result of the survey. It is good to think about these questions in advance, this way you will have a thorough understanding of your position, making it easier for your solicitor to have a clear picture of how you are wanted to proceed without endless and time-wasting communications.

It is another beginning

It is easy to think that the sale of your home starts when you place it on the market, but in reality it truly begins when an offer is accepted. Ensuring you have placed yourself and your property in a strong position from the start will help secure an offer, just as having a solicitor who is experienced in your kind of property sale will always put you one step ahead. If you would like more advice on the sale process and what you can do to help it succeed, contact our team on 01892 515188 or email us at sales@kmjproperty.co.uk

Will the cost of living crisis affect house prices in Tunbridge Wells, Crowborough and the Surrounding Areas?

There is a wealth of uncertainty at the moment, and one of the major worries for households up and down the country is the impact of the cost of living crisis. Everyday essentials have risen astronomically, everything from fuel to food and energy, and therefore you may have heard a variety of different opinions on what, as a result, will happen to the property market.  But before you assume that the outlook for the value of your home is going to be gloomy, there may be some light ahead in Tunbridge Wells, Crowborough and the Surrounding Areas We ask: will the cost of living crisis affect house prices?
Where are we now?
According to the Halifax, in April the average price of UK property was up 10.8% on the same month last year, and the average cost reached a record high of £286,079, which is a result of the longest run of increases since 2016. The recent property boom was fuelled by the Covid pandemic, and the first lockdown in particular, so the housing market has defied economic conditions. Obviously, a lot of people realised they needed their own space! It isn’t just Covid that has been driving house price growth but also low interest rates, the stamp duty holiday, and the desire to relocate and search for bigger homes with more space especially in the Garden, for those who were cooped up in a flat.
“Housing transactions and mortgage approvals remain above pre-pandemic levels, and the continued growth in new buyer inquiries suggests activity will remain heightened in the short-term. The imbalance between supply and demand persists, with an insufficient number of new properties coming on to the market to meet the needs of prospective buyers and strong competition to secure properties driving up prices,” said Russell Galley, the managing director of Halifax.
It isn’t just the cost of living that is squeezing household budgets but also mortgage rates. The gap between house prices and earnings continues to widen, reports the Office of National Statistics (ONS). With the average cost of a home in England rising from 2020 that saw 7.9 times earnings to an average of 9.1 times earnings. As a result, home buyers are struggling to find larger deposits, thus forcing many into staying in long-term rentals. Nationwide reports that seven in 10 have now put their plans on hold for at least two years.
Where are we headed?
Things have started to slow, which is confirmed by the Halifax’s monthly property index which states the rate of growth in April is down from March. “Even though there is a lot of caution about the future economic landscape, it seems that limited supply available on the market, coupled with steady demand growth, are still the overriding drivers of house prices,” suggests the latest RICS Residential Market Survey.

Despite this increasing financial tightening, industry experts still believe that we are not headed for a crash.  At KMJ Property we are not expecting house prices to fall in Tunbridge Wells, Crowborough and Surrounding Areas but we do think that the rate of growth will start to stagnate.  Russell Galley, the managing director of Halifax states: “The headwinds facing the wider economy cannot be ignored. With interest rates on the rise and inflation further squeezing household budgets, it remains likely that the rate of house price growth will slow by the end of this year.”
There is no doubt everyone’s finances are under pressure this year, and one thing that we know from the last couple of years is it’s hard predict. Rightmove’s Tim Bannister commented: “With so many variables affecting house prices and affordability, it’s a reminder that the market is extremely difficult to predict, and those looking to buy will be prioritising their own needs and what they can afford rather than waiting to try and time the market.”
Where to be
We understand that you may have specific questions related to your home and personal circumstances. Our team are always available – call 01892 515188 or email sales@kmjproperty.co.uk

How your senses are a powerful asset when buying a home in Tunbridge Wells, Crowborough, and the Surrounding Areas

Everyday we experience things that trigger our senses and make us aware of what is around us. There is no doubt the smell of fresh bread when you pass a bakery will make you think twice about taking a detour. Our five senses (sight, sound, taste, touch, smell) impact our buying decisions on many things, including buying a home. Here at KMJ Property, we know that understanding the role our senses play in our home-buying choices will help you to make the right decision when buying a home in Tunbridge Wells, Crowborough, or the surrounding Areas.

Sight seduction

First impressions are so important. It is very easy when viewing a home to be seduced by what we see. You want a house that gives you those butterflies, one that offers you the space and style that you seek. But are your eyes playing tricks, seducing you by the fixtures and furnishings rather than you taking notice of what the house offers? You need to learn to edit what you see, to, of course, enjoy each space, but try to visualise it without all those beautiful things – will it still give you the same feelings?

Just as beautiful things can win you over, clutter and dated décor can also turn you off, and, again, you need to see the space as it could be and not how it is. There is no doubt this can be a tricky thing to do, but instead of rushing through the chaos spend time to take the room in. Focus on things you can’t change: how much natural light is pouring in, are there any features, and does it offer you the space you need?  Colours have feelings and emotions attached to them, and this can also affect your mood when you enter a room; just remember colours can always be changed.

Naughty noses

There is nothing like a particular scent to evoke a memory and a bit of nostalgia, another powerful emotional buying influencer. Although pleasant smells can bring a smile, a strong or bad odour can give you a negative response to the home you are viewing. Not all sellers will think about the impact all smells can have on a buyer, which is why you need to decide if it is something you can ignore. Some smells could require further investigation and highlight bigger issues with the property, such as damp and drains, whereas strong artificial scents such as plugins, or even the aroma of food, are temporary and can easily be eliminated.

Serene sounds

When it comes to your home, as you relax at the end of a busy day, you will be seeking a bit of peace and calm. As buyers, we know that you will be turned off by lots of noise and rowdy neighbours. Research has found that loud noise can impair our creativity, thoughts, and perceptions, which is why we know excessive sound is something you can’t ignore. It could be worth a visit to the property at different times of the day to experience how the environment sounds as it could vary; also, is there a change in noise between the front and back of the property?

Tantalising touch

Just like a child who cannot resist touching everything they see, when you enter a property you are hoping to buy, of course you are going to want to reach out and touch things. Don’t be afraid to get intimate with the home, look behind doors, check out the space in cupboards and feel the texture of the walls. Reaching out beyond what you can initially see may bring you some unexpected surprises within the property which could influence your decision.

Testing taste

What taste does the property leave you with? You will know in your gut whether this home is a contender.  Your buying decisions will be influenced by your senses, but, as we have suggested, there may be times you take note and times where you may wish to ignore. When buying a property, you want to make the right choice rather than being left with a bitter taste. If you would like more advice on buying a home in Tunbridge Wells, Crowborough or the Surrounding Areas contact our team on 01892 515188

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