Matthew's of Chester

Welcome to the second part of property factors to consider when prioritising features in for your next home.🏠

💸Future-Proofing Your Investment
A property's potential for the future is a critical consideration. Research upcoming developments and trends in the area that could impact property values. Properties near thriving communities, good schools, and transportation hubs hold their value well. You are safeguarding your investment by prioritising properties with strong potential for the future.

🏘️Amenities and Neighbourhood
Evaluate the amenities and neighbourhood characteristics that matter most to you. Research the local community's vibe, crime rates, and proximity to essential services. Prioritise properties that are situated in neighbourhoods with amenities and attributes that resonate with your lifestyle.

🚗Consider Your Commute
For many individuals, daily commutes significantly affect their overall quality of life. Research the commuting options and distances from potential properties to your workplace and prioritise properties that offer reasonable commuting options, whether through public transportation or proximity to major roadways.

Visit our website to view our available homes and filter them by your requirements:

https://ow.ly/ZuUG50T9vuc

Luxury Apartment in Historic Chester 🌟

💷 £379,000 Asking Price
📍 Greenbank Hall, Eaton Road, Chester, CH4

Key Features:
🏠 Two bedrooms, two bathrooms
🛋️ Open-plan living with a lantern roof
🚗 Two private parking spaces
🏰 Grade II listed building with modern amenities

This stunning ground-floor apartment is set in a beautifully refurbished Grade II listed building. Enjoy luxury living with a modern open-plan layout and private parking, all within a historic setting on the Grosvenor Estate.

For details, visit our website:

https://ow.ly/71lc50T9MY6

Stylish four-bedroom home in Great Boughton🏡

💷 £570,000
📍 Tudor Way, Great Boughton, Chester, Cheshire, CH3

Key features:
🛏️ Four bedrooms
🚿 Two bathrooms
🚪 Two receptions
🌳 Attractive west-facing garden
🏡 Summer house included

Located in the popular suburb of Boughton, enjoy a vibrant community with excellent local amenities, schools, and quick access to Chester city centre.

Visit our website for more details:

https://ow.ly/wBm850T3PA3

Buying a property is a significant milestone in anyone's life. To ensure you make a well-informed choice, it's essential to prioritise your preferences effectively. 🏘️

Our two-part series will walk you through prioritising your preferences when buying a property!

🎯Define Your Long-Term Lifestyle Goals
Understanding your long-term lifestyle goals is the foundation of prioritising your preferences. Consider what you envision for your future, create a list of your aspirations, and use this as a guide throughout the property search process. This clarity will help you filter through properties that don't align with your vision, saving you time and energy.

📍Location is Key
A property's location can significantly impact its appreciation, convenience, and lifestyle potential. Research different areas and prioritise those that resonate with you. Consider proximity to work, schools, public transportation, healthcare facilities, and recreational areas.

💰Budget Wisely
Before you start your property search, it's essential to set a realistic budget. This should cover not just the purchase price, but also additional costs like stamp duty, legal fees, and maintenance. The goal is to ensure you're financially comfortable after the purchase. By prioritising properties within your budget range, you can maintain financial stability while achieving your lifestyle goals.

📏Property Size and Layout
These factors are fundamental to accommodating your lifestyle needs. As you visit properties, envision how each layout would function in your daily life.

Visit our website to view our available homes and filter them by your requirements:

https://ow.ly/T48o50T32tB

📈 Manchester's Rental Market Leads the Way in the UK! 🏙️

Recent research from JLL has revealed that Manchester's residential rents have grown by an impressive 50% over the past three years, outpacing all other 'Big Six' UK cities. 🌟

This surge reflects the city's appeal as a prime destination for living, working, and investing. With prime two-bed rentals seeing a 14.9% increase in the last year alone, Manchester continues to draw young professionals and investors alike, seeking the city's vibrant lifestyle and strong economic prospects. 🌆

Despite the challenges in the sales market, there's quiet optimism for the future, fueled by expected interest rate cuts and a positive economic outlook. Now is the time to consider Manchester as a top investment opportunity!

Support Manchester's thriving economy and explore what this dynamic city offers. 💼💰

Read the full article here:

https://ow.ly/CnxB50T4aTS

If you're a landlord looking to improve the EPC rating of your property, then this post is for you! 🏡

Here are some simple yet effective ways to make your property more energy efficient that won't break the bank but could add some value to your property.

☀️Upgrade Your Insulation
In the UK, homes lose significant heat through their roofs, walls, and windows. By upgrading your insulation, you can keep your home warmer in winter and cooler in summer without relying as much on your heating and air conditioning.

Several types of insulation are available, including cavity wall insulation, loft insulation, and floor insulation. To improve energy efficiency, you can also consider installing double-glazed windows or adding secondary glazing to existing windows.

🔋Install Energy-Efficient Appliances
Another way to reduce energy consumption in your home is to upgrade your appliances to more energy-efficient models. Look for appliances with an A++ or higher rating, which means they use less energy to operate. You can also invest in smart home technology that helps you monitor and control your energy consumption.

💧Reduce Water Consumption
Finally, reducing your water consumption can also help make your home more energy-efficient. Heating water requires a significant amount of energy, and reducing your water usage can help lower your energy bills.

This can be done by fixing leaks, installing low-flow showerheads and faucets, and using a dishwasher instead of washing dishes by hand.

If you're interested in discovering precisely what your property needs to improve its EPC rating, speak to our Property Management team, who will be happy to help:

https://ow.ly/cEzB50SZikL

Celebrating love and equality at Chester Pride 2024! 🌈

Join us in standing proud and supporting our vibrant community.

Spacious detached house in Chester 🏡

💷 £1,800pcm
📍 Moat Lane, Chester, CH4

🛏️ Four bedrooms
🚿 Three bathrooms
🚗 Garage and off-road parking
🌳 Large rear garden

Available now, this brand new detached house on the sought-after Kings Moat development offers a spacious lounge, open-plan kitchen/diner, and a main bedroom with en-suite. It is located conveniently near Kings School, Chester Business Park, and Chester City Centre.

Visit our website for more details:

https://ow.ly/xZzm50ST7vw

Imagine spending Relaxation Day in one of these bathrooms 🫧🕯️

Comment which is your favourite. 🌿

Charming three-bedroom bungalow in Rossett

💷 £430,000 Asking Price
📍 Trevalyn Way, Rossett, Wrexham, LL12

🛏️ Three bedrooms
🚿 One bathroom
🌳 South-facing garden
🚗 Single garage

This extended and beautifully presented detached bungalow is in the historic village of Rossett. It is conveniently located for commuting to Chester and Wrexham, with easy access to the A483 Expressway.

Visit our website for more details:

https://ow.ly/SNN750ST6pZ

Timeless charm and scenic strolls

💷 £499,000 Asking Price
📍 Old Wrexham Road, Chester, CH4

Key Features:
🛏️ Four bedrooms with built-in wardrobes
🛁 Modern bathroom with four-piece suite
🍽️ Open-plan kitchen/diner with granite and wood countertops
🌞 Extended sunroom/study
🌳 Private courtyard garden with water feature

This historic end-of-terrace property offers modern comfort with character, perfect for families seeking a unique home in the sought-after Handbridge area.

For more details, visit our website:

https://ow.ly/19lE50SNlxL

Secure your next rental home with ease!🔑

With our No Deposit Scheme, you pay a monthly service charge based on the monthly rental amount of your chosen property.

Benefits of this include...

💸Less financial stress
By reducing the upfront costs of moving in, you can focus on making your home your own and not worry about saving for a deposit.

💳Payment options
Our range of payment options allows you to pay rent when it's due in various ways, including standing direct debits.

🏡Find your property quickly.
Our No-Deposit Renting scheme includes many properties across our areas so that you can find the right home for you.

You are still liable for any damages, and we will always be on hand to try to resolve any fair end-of-tenancy claims.

*This is not an insurance policy; any payments made are at our discretion. Full T&Cs apply. Our Terms and Conditions provide more information on how this No-Deposit Scheme works.*
*This does not apply to all rental properties*

To find out more information, visit our website or speak to our team today!

https://ow.ly/N5OS50SPhlP

Welcome to part two of all the potential costs you should know before buying a property. 🏡

📄Survey Costs
A property survey assesses the property's condition. There are different levels of surveys, such as HomeBuyer's Report and Building Survey. The cost can vary depending on the survey type and property size.

🔑Conveyancing Fees
You will be charged for the services and legal work involved in transferring property ownership.

🏛️Stamp Duty Land Tax (SDLT)
This is tax paid to the government on properties above a certain price threshold, and the rate depends on the property's value.
First-time buyers might be eligible for exemptions or reduced rates.

🌳Land Registry Fees
Payable to register your ownership with the Land Registry. Fees are based on the property price and can range from £20 upwards.

If you want to purchase a property, visit our website to see our available homes.
https://ow.ly/t1Uc50SMbs3

Bungalow with double garage and south-east facing garden

💷 £360,000 Asking Price
📍 Round Hill Meadow, Great Boughton, Chester, CH3

Key Features:
🛏️ Three bedrooms, including a master with an ensuite
🛁 Two modern bathrooms
🌸 South-east facing garden
🚗 Double garage
🍽️ Refitted kitchen and bathrooms
🏫 Proximity to Chester's city centre and amenities

This 1980s detached bungalow features a spacious, well-maintained garden and it is located in a desirable area with excellent schools and amenities.

For more details, visit our website:

https://ow.ly/G7Qq50SNkk6

🏅 Elevate your lifestyle to gold medal standards

💷 £425,000 Asking price
📍 Ullswater Crescent, Chester, Cheshire, CH2

Key features:
🛏️ Modernised three-bedroom detached bungalow
🍽️ Impressive kitchen/dining room
🌳 Attractive south-east facing rear garden
🚗 Garage and external storage

This superbly modernised bungalow in Chester offers contemporary comfort and an inviting garden in a sought-after residential area with excellent local amenities.

For more details, please visit our website:

https://ow.ly/9ihQ50SM6lC

When buying your next home, be aware of all the potential costs. 🏡
Our next few posts will tell you all you need to know!

💰Deposit
This typically ranges from 5% to 20% of the property's purchase price.
The larger the deposit, the better your mortgage rates are likely to be.

💳Mortgage Arrangement Fees
The lender charges a fee for setting up your mortgage, and the cost can vary significantly.

🧑‍💻Mortgage Broker Fees
If you use a mortgage broker, they might charge a fee for their services.

🏘️Valuation Fees
The lender may charge for a property valuation to ensure it's worth the loan amount.

If you want to purchase a property, visit our website to see our available homes.
https://ow.ly/Czmf50SMbpS

What does the election mean for the sales market? 🏛️

The Labour Party secured a majority victory in the 2024 general election, making Keir Starmer the new Prime Minister. Throughout his campaign, he has been vocal about his view of property and housing in general. He vowed to support 80,000 young people getting on the housing ladder over the next five years and building 1.5 million new homes. 🏘️

He also stated that "having a place to call your own is the bedrock of security and aspiration". With this in mind and the appointment of Angela Rayner as secretary of state for levelling up housing and communities, what are Labour's plans for the property market?

💸 Freedom to Buy scheme
👫 First-time buyer's Stamp Duty exemption set to be reduced back to £300,000 from April 2025
🏠 'First dibs' for local people on new developments
🌏 Tax foreign buyers to fund planning officers
🌳 Reform compulsory purchase rules, allowing councils to purchase land at lower prices
🏢 Reforming leaseholds by banning new leasehold flats and ensuring commonhold is the default tenure

If you'd like to learn more, visit our website to read our blog.
https://ow.ly/MENr50SIb52

Welcome to the final post in our guarantor series! 🏡

When someone becomes a guarantor for the first time, we get many questions. So, we've compiled our most frequently asked questions to help you. 🗨️

Q: Can I stop being a guarantor during the lease term?
A: Generally, no. The guarantor agreement is a legally binding contract that lasts for the duration of the lease.

Q: What if the tenant is late on rent?
A: If the tenant is late on rent, you might need to cover the amount to avoid negative consequences.

Q: Can I limit my liability as a guarantor?
A: Some agreements include clauses that limit the guarantor's liability, but these are relatively rare. It's essential to review the guarantor agreement carefully before signing.

Q: What if I can't cover the tenant's payments?
A: If you cannot cover the payments, the landlord might take legal action against you to recover the outstanding amount.

Q: Can being a guarantor affect my credit score?
A: Yes, if the tenant defaults and you're required to cover their payments, it can negatively impact your credit score.

If you have further questions about being a guarantor, contact our team today!
https://ow.ly/1XF050SvMg3

Extended detached chalet bungalow in Christleton🏡

💷£700,000
📍Quarry Lane, Christleton, Chester, CH3

Key Features:
🏡 Extended detached chalet bungalow with three/four bedrooms
🛁 Two bathrooms, including an ensuite
🌳 Attractive south-west facing garden
🚗 Detached double garage/workshop
🌟 Driveway with parking for two cars

It is ideal for those seeking a project to modernize in a desirable village location.

For more details, visit our website:

https://ow.ly/h9kp50SGOvw

Have you ever wondered what happens at a sales valuation? 🏘️
We're here to tell you!

If you're considering a move in the near future, take the first step by booking a property valuation with our team.

https://ow.ly/lRFc50SI0Ro

Do you know the process of becoming a Guarantor? If not, then by the end of reading this post, you will!

🗨️Tenant's Request: The tenant will ask you to be their guarantor. Before agreeing, make sure you understand the commitment.

📑Review the Lease Agreement: Carefully read and understand the lease agreement. Note the rent amount, payment schedule, and any other financial responsibilities.

✅Meet the Requirements: Ensure you meet the landlord's requirements for being a guarantor. This includes providing necessary documents for verification.

✒️Guarantor Agreement: You will likely need to sign a guarantor agreement that outlines your responsibilities. Read this document thoroughly and ask questions if anything needs to be clarified.

💸Legal and Financial Liability: By signing the guarantor agreement, you're legally and financially responsible for the tenant's rent and other obligations if they fail to pay.

📑Provide Financial Information: You will need to provide information about your income, employment, and financial stability.

💳Credit Check: Some landlords may run a credit check to assess your creditworthiness.

🏡Signing the Lease: Once everything is in order, the tenant and you, as the guarantor, will sign the lease agreement.

Look out for the final post in our series and then you'll know everything about being a guarantor.
https://matthewsofchester.com/rent-property/

This is why we do what we do...💭

Helping people start a new chapter in their lives is an experience like no other! 🤝

If you've worked with us in the past, we'd love to hear your feedback on our Trustpilot:

https://ow.ly/bgzI50SFTvP