Business

Work with a Wembley estate agent to buy or rent a home

With Wembley Stadium poised to be a major venue for the 2012 London Olympics, property values ​​in the area are expected to soar, especially as the games’ opening date approaches. So now may be a good time to buy or rent a Wembley home while prices remain relatively reasonable. If you’re thinking of doing either, make sure you work with Wembley estate agents.

Wembley estate agents will be able to provide you with a wide range of listings that meet all the criteria you have set. They may even be able to introduce you to a home that may not meet some of the conditions you’ve listed, but that you’ll fall in love with nonetheless.

Before you contact Wembley estate agents to buy or rent a property, find out what your budget is and how much you can get on a mortgage. Keep in mind that standard bank loans are about 2.5 times a household’s combined gross income. Also include in your calculations your credit score, your existing equity and savings, as well as the cost of moving.

Once you’ve prepared your property wish list, try to email it to as many Wembley estate agents as possible so you get the widest range of prospects to choose from. Once you have a list of prospects, arrive early for the tour so you can get a feel for the neighborhood: Is it going downhill or up?

If the property interests you but you have some reservations, you may also want to schedule a second viewing at a different time. Next, take a look at the condition of the property. Can you move in as is or does the property need repairs and improvements?

If you are renting, be sure to include in your moving expenses a provision for at least one month’s deposit, as well as other charges, such as administrative fees; You may also be asked to provide references. Before you sign the lease, be sure to read it carefully; If there are provisions that you do not understand, the Citizen’s Advice Office can help you.

Pay special attention in the contract to any restrictions (such as not subletting) as well as what is not included in the rental fee you will have to pay, such as city tax and utility bills. And establish what maintenance corresponds to the landlord and what you will have to take care of yourself.