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Choosing a Property in London

Please click on a link below for more information:

  • For advice on how to choose a location, please click here
  • For price considerations, please click here
  • For advice on choosing a reputable agent, please click here
  • For general advice on what to look out for in an area when choosing a property, please click here
  • For a guide on choosing a rental property, please click here
  • For a guide on choosing property to buy, please click here
  • For the London Property Seekes Toolkit, please click here

Location

Probably the most important thing to consider is the location of your property, whether you rent or buy.

London is one of the most exciting places to live in the world. The city is one of the largest conurbations in the world and is made up of a patchwork of towns and villages which have merged to make up one big city. Many of these areas still have their own distinct feel and personality. Whilst some areas are busy 24 hours a day others are more sedate neighbourhoods with a village feel. These are better for transport links, ideal for the commute to the city and travel around town, whilst others are more isolated. Some areas are better for schools, some are good for jobs and others are great for nightlife. Some of the nicest boroughs of London in all aspects include Westminster, Kensington and Chelsea, the City of London and Camden.

You may find the most amazing house in the world but if you don’t have a car and have to walk 3 miles to the bus stop each morning there is little point. It is a good idea to arrive at any house half-an-hour early, to ensure you have time to look around the area and to check out where the nearest facilities are.

The choice of location will vary from person to person everyone has their own particular tastes and needs. But there are some factors that many people consider to be important when selecting a area, which may help you target your search, such as:

  • Property values
  • Traffic levels and proximity to road/ rail networks
  • Crime rates in the area
  • Cultural activities such as museums, concerts, theatres, etc.
  • Access to public transportation
  • Proximity to shops
  • Availability of parks and recreational areas
  • Average income level
  • Population density
  • Planned construction
  • Quality of the schools

Price

The next thing to check off on your list is probably the price. Location is a factor in this, as you will find that the kind of house you can afford in a nicer area will be basic compared to what you can afford in a slightly more unsavoury area. There are bargains to be found but you will need to be prepared to look around. It is definitely worth stretching your budget for a nicer area.

Choosing a reputable agent

Selecting the right letting or estate agent is an important part of the property finding process and should not be taken lightly. Working with the right agent can make all the difference in finding the right property at the right price and negotiating a satisfactory final sales or lettings agreement.

Ensure when choosing an agent that they are a member of a professional organisation such as the Association of Residential Letting Agents (ARLA), the National Association of Estate Agents (NAEA) or the Royal Institution of Chartered Surveys (RICS). All are bound by a code of practice, which is a guarantee of professional, efficient service. Members of ARLA (The Association of Residential Letting Agents) are thoroughly vetted and must abide by stringent rules with regard to clients money.

Choosing a Property

Compile a list of questions for each property you view covering both the location and the property itself. After each viewing, write down both the positive and the negative aspects of each property and compare each one. Use the following general questions as a guide.

  • Is the area quiet or noisy?
  • What type of people live in the surrounding area? Do you feel comfortable there?
  • Are the available transport links appropriate for your needs?
  • How close is the property to the local shops, schools?
  • Is car parking easy?
  • What is the rate of council tax?
  • Does the place look to be in good repair?
  • Is there a service charge on the property and if so, how much and how often?

Choosing a rental property

When you have seen a property advertised, make an appointment to view a property as soon as possible. Whilst viewing the property take a good, clear and considered look. It will always be helpful to you to make notes on what you find.

Remember, when viewing properties, if possible do not go alone or always make sure someone knows where you are going and when.

The following are some important things you should reasonably check and/ or enquire about them:

Does the property look to be in good repair? A badly maintained property can highlight an elusive landlord and potential future problems. If the property is in a poor condition but you are still interested in renting it, use its faults to negotiate a lower rent.

Electricity – it is advisable to check the age, condition and number of sockets and the condition of any visible wiring and appliances. Will the property be cheap to heat and light?

Gas Supply and Appliances - enquire as to whether all appliances (i.e. boiler, gas fires, cooker etc) and supply ducting/ pipework are in good working order and have been checked out for safety by a Corgi registered engineer in the last 12 months? The landlord should have a certificate to prove when these were last checked.

Fire Safety & Precautions - does the property have an adequate means of escape in the event of a fire? Is the property fitted with smoke alarms?

Water Supply and Sanitation - check that all taps are in working order and that there are no leaks from radiators, pipes, sinks, bath(s) or WC from within the property or any adjacent.

Furniture - if the property is furnished, are the furnishings in a reasonable condition?

Facilities - is the property fully furnished? What additional facilities are provided for maintenance or living (i.e. are there vacuums, washing machine, fridge provided)? Check for phone lines and available phone jacks for telephone and using the internet.

Interior - check the general condition of the interior of the property in all rooms. Are there any signs of obvious potential problems of any kind?

Exterior & Security -check the security of the property and make sure all windows and doors are in effective, lockable and full working order.
Is the property worth the rent being asked for it?
Once an agent has been successful in finding the right property for you, there will be certain costs that as the new tenant you will be expected to cover. These fees will include administration costs for drawing up a tenancy agreement, for taking up references and for agreeing an inventory of contents.

Choosing a Property to Buy

When you have found a property that interests you, visit it at least twice at different times of the day and week including rush hour. If possible, try to view the property when it is wet. Properties can look very good in sunshine. It is advisable to find out how long the property has been on the market from the estate agent and always be wary of any property that has been up for sale for longer than two months as this is usually for a good reason.

There are a number of questions you need to answer and investigate in more detail before making a qualified decision on the property. A lot of these questions will be answered by your survey if you choose to proceed. Asking them at this stage can save a lot of time and money.

  • Does the property have any structural problems. For example, a sagging roofline, stained, bulging or cracked walls, cracking or damp brickwork?
  • Look out for uneven floorboards, as this is a possible sign of rot in the floor.
  • Are the window frames rotten? Check to see if the other houses in the street have different windows as they will have been replaced for a good reason.
  • In an older property, have the central heating tested by a qualified engineer.
  • What is the condition of the electrical fittings and wiring?
  • Is there sufficient insulation in the loft and elsewhere? Ask the owner for an indication of average gas and electricity bills.
  • Try the taps. Low water pressure problems aren't always rectifiable.
  • If the home is less than 10 years old, ask the owner whether it has a National House Builders Confederation (NHBC) guarantee.
  • Inquire about the home's construction. If the home is built of a more unusual material such as timber frame or prefabricated structures then this should be considered carefully as your mortgage lender will be caution.
  • Look for evidence of subsidence. Cracks in walls, uneven floors and badly fitting doors and windows can all be signs of subsidence in the area.

London Property Seekers Tool Kit

London A-Z Streetfinder map and index
London is a big place and this is the essential guide to locate the addresses of properties you may be interested in.

London Transport Map (showing zones)
This will be really helpful to negotiate public transport on your way to appointments to view the place you are interested in. The zone map will show the proximity by public transport to other areas of London and work. Find out the prices for weekly, monthly or yearly travel cards to help you to estimate travel costs to and from work and other regular journeys and this can help you stick within your budget when working out whether you can afford to live in the area you are looking at.

Travel Card
The travel card will allow you to travel around London on most forms of public transport so that you have access to the best and quickest routes, whether this be on the bus, by over ground train or by tube.

Pen & Paper
When viewing so may properties it is a good idea to take notes of what you see and your first impressions either whilst there or immediately afterwards. Notes will jog your memory about the positives and negatives of each place and help when making a considered decision.


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