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Selling Your Home

Coast N Country Estate Agents Lancaster and Morecambe

Selling Your Home Step by Step Guide.

Selling a home in the Lancaster and Morecambe Bay, like anywhere else, involves a series of steps and considerations. Here is a general guide to help you through the process:

  1. Prepare Your Home: Before listing your home, make necessary repairs, clean, and declutter. Curb appeal is crucial, so consider enhancing the exterior’s appearance to attract potential buyers.
  2. Hire a Local Estate Agent: Working with a local real estate agent like Coast N Country who are familiar with the Lancaster and Morecambe Bay area can be highly beneficial. They can assist with pricing, marketing, negotiations, and legal aspects of the sale.
  3. Determine the Right Price: Your agent will help you set a competitive and realistic price for your property. They will consider factors such as the current market conditions, comparable property sales, and the unique features of your home.
  4. Market Your Home: Your agent will create a marketing strategy to promote your property. This may include professional photography, virtual tours, online listings, open houses, and traditional advertising.
  5. Negotiate Offers: When potential buyers make offers, your agent will help you negotiate the best terms. They will also handle any counteroffers and ensure you understand the implications of each decision.
  6. Accept an Offer: Once you’ve agreed on the terms with a buyer, you’ll formally accept their offer, and the sale process will move forward.
  7. Complete Legal Requirements: Your agent will work with solicitors and handle the necessary paperwork to finalize the sale. This process includes property surveys, searches, and contracts.
  8. Exchange Contracts and Complete: After the buyer’s solicitor and mortgage lender are satisfied with all the legal requirements, you’ll exchange contracts, and a completion date will be set. On the completion date, ownership will transfer to the buyer, and you’ll receive the agreed-upon payment.
Sold By Coast N Country Lancaster

Remember, the process of selling a home can vary depending on the specifics of your property and local regulations. Working with an experienced real estate agent like Coast N Country will ensure a smoother and more successful sale. They can guide you through the process, answer your questions, and help you achieve the best possible outcome.

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Lancaster house prices rise by 1.8%

Coast N Country Lancaster Property Sales

Lancaster house prices rise by 1.8% and buck the national trend.

House prices in Lancaster bucked the national trend in September by continuing to rise.

New figures show they increased by 1.8% – more than the North West average for September,.
The rise contributes to the longer-term trend, which has seen property prices in the area grow by 13% over the last year.
The average Lancaster house price in September was £198,963, Land Registry figures show – a 1.8% increase on August.

Over the month, the picture was different to that across the North West, where prices increased 0.6%, and Lancaster was above the UK as a whole, where prices did not change.
Over the last year, the average sale price of property in Lancaster rose by £23,000 – putting the area 20th among the North West’s 39 local authorities with price data for annual growth.
The highest annual growth in the region was in Warrington, where property prices increased on average by 20.4%, to £266,000. At the other end of the scale, properties in Barrow gained 3.6% in value, giving an average price of £145,000.
An imbalance between supply and demand for properties saw house prices climb across the UK throughout the pandemic.
But typical property values stalled across the UK between August and September, which caused annual growth to slow.

Andy Sommerville, director at property data provider Search Acumen said the latest data is further evidence of “a turning tide for house prices”.
The figures are yet to reflect the full impact of the mini-budget, announced towards the end of September, which sparked volatility in the mortgage market and saw interest rates on new agreements soar.
Nicky Stevenson, managing director at estate agent group Fine and Country said: “Annual house price growth slowed in September against a backdrop of rising interest rates and shrinking disposable incomes.”

First steps on the property ladder.

First-time house buyers in Lancaster spent an average of £175,000 on their property – £20,000 more than a year ago, and £44,000 more than in September 2017.
By comparison, former owner-occupiers paid £222,000 on average in September – 27.2% more than first-time buyers.

Owners of detached houses saw the biggest rise in property prices in Lancaster in September – they increased 2%, to £343,312 on average. Over the last year, prices rose by 14.5%.
Among other types of property:
Semi-detached: up 1.9% monthly, up 13.5% annually, £211,620 average; Terraced: up 1.9% monthly, up 13.2% annually, £172,880 average flats: up 1% monthly, up 8.6% annually, £114,531 average.

How do property prices in Lancaster compare?

Buyers paid 9.2% less than the average price in the North West (£219,000) in September for a property in Lancaster. Across the North West, property prices are lower than those across the UK, where the average cost £295,000.
The most expensive properties in the North West were in Trafford.
The highest property prices across the UK were in Kensington and Chelsea.

Average property price in September.

*Lancaster: £198,963; North West: £219,005; UK: £294,559
*Annual growth to September
*Lancaster: +13%; North West: +9.1%; UK: +9.5%
*Highest and lowest annual growth in the North West
*Warrington: +20.4%; Barrow: +3.6%

First Published November 17, 2022 | Debbie Butler. @ lancasterguardian.co.uk

Kindly Shared by “SME Growth UK”

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morecambe woman makes 35k On Property Show

Morecambe woman stars on George Clarke's new £100,000 property TV show

Morecambe woman makes £35K on Channel 4 George Clarke’s Flipping Fast

A woman from Morecambe has the chance to win £100,000 on a new TV property show hosted by popular presenter George Clarke.

Harriet Swan from Morecambe is one of the contestants on the new property series of ‘George Clarke’s Flipping Fast’ on Channel 4 where teams battle it out to win a £100,000 cash prize.

harriet Swan Flipping Fast
Harriet Swan pictured on the new Channel 4 property show Flipping Fast

Harriet, 28, is competing against five other people or teams from around the UK in a battle to see who can make the most profit from buying, refurbishing and selling properties. 

Whoever makes the most profit by the end of the series, wins the £100,000.

Harriet topped the leader board after the first episode, having bought a one-bedroom flat in Morecambe for £67,750, renovated it with the help of family members, and sold it for £99,000, making £18,807 profit after costs were deducted.

“I can’t believe it!” she said.

“I am happy and proud of myself but I do think there’s still a lot to play for.”

The series aired on Channel 4 TV.

It showed Harriet looking at and renovating properties in Morecambe, and on Princes Crescent in Bare (see above, credit George Clarke’s Flipping Fast, Channel 4). 

Harriet, whose maiden name is Muckle, works as a sports journalist and TV presenter.

Flipping Fast continues on Channel 4 on Wednesdays. The programme is hosted by George Clarke, and property experts Scarlette and Stuart Douglas (below). Tune in to see if Harriet can win the £100,000!

Flipping Fast Morecambe Property with George Clark
Harriet Swan pictured on the new Channel 4 property show Flipping Fast

First Published in Beyond Radio By Greg Lambert. Thursday, May 26th, 2022