Tag: selling

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April 2025: Property Market Update

April 2025 Property Market Update

April kicked off with some big talking points in the UK property market. While the dust is still settling after a turbulent few years, there are signs of balance returning – though not without some fresh challenges along the way.

Whether you’re buying, selling, letting, or renting, here’s what’s been happening this month and what it could mean for you in Tower Hamlets. At City Realtor, we’re here to keep you informed with practical updates and local insight that matters.

House Prices: Where Do Things Stand?

House prices across the UK have continued a slow but steady upward trend. According to the latest UK House Price Index from the Office for National Statistics, the average UK house price in February 2025 (the most recent confirmed data) is £281,000, showing a 1.8% increase year-on-year.

ONS House Price Index
Rightmove House Price Report – April 2025

Rightmove reports that the average asking price for homes entering the market in early April reached a record high of £377,182, driven by seasonal demand and improved confidence among sellers.

If you’re thinking of selling your home or exploring property for sale in Tower Hamlets, this season offers one of the strongest windows of opportunity in recent years.

Mortgage Rates: Stabilising with Caution

Mortgage rates have settled somewhat following volatility in late 2024. As of early April:

  • The average two-year fixed rate is 4.84%
  • The average five-year fixed rate is 4.72%

These figures are down from the highs of over 6% seen last year and are giving more borrowers room to manoeuvre. Some high street lenders are even offering sub-4% deals for those with larger deposits.

Lenders are still cautious, so if you’re buying property in Tower Hamlets, it’s wise to secure a mortgage agreement in principle early to strengthen your position.

Sellers: A Seasonal Window of Opportunity

Spring traditionally brings a rise in new listings, and 2025 is no exception. Rightmove reports buyer demand is up 5% compared to April 2024, with more homeowners taking advantage of the seasonal surge in interest.

If you’re considering selling your home in Tower Hamlets, pricing it correctly and ensuring it’s market-ready will be vital. Call us to book a valuation on 0207 790 7702.

Top tips for sellers:

Speak to us – your local estate agent in Tower Hamlets – to discuss the best way to market your property this spring.

Buyers: Be Prepared to Move Quickly

Buyers are feeling cautiously optimistic. With wages on the rise and inflation softening, affordability is gradually improving. According to Nationwide, earnings are now outpacing house prices in many areas.

If you’re looking to buy property in Tower Hamlets, here’s how to get ahead:

  • Sort your finances early – A mortgage in principle puts you in a stronger negotiating position.
  • Be ready to move – In-demand homes are still selling fast, especially when priced correctly.
  • Think about long-term value – Energy efficiency, location, and futureproofing are all worth factoring in.

We’ve got a range of properties for sale in Tower Hamlets. View our current listings or speak with one of our team today on 0207 790 7702.

Rental Market: High Demand, Gradual Cooling

The rental sector is still feeling the pressure of high demand, though growth in rents is now stabilising. According to the Office for National Statistics, the average UK rent in March 2025 is now £1,332 per month, a 7.7% rise over the past 12 months.

For landlords in Tower Hamlets, it’s a market full of opportunity – but also one that demands careful management and awareness of legislative updates.

With the Renters’ Rights Bill due to become law later this year, the way tenancies are managed will soon look quite different. Proposed changes include:

  • Abolishing fixed term assured tenancies
  • All tenancies becoming periodic
  • Four-month notice periods for landlords regaining possession to sell
  • Limit of one rent increase per year

If you’re a landlord in Tower Hamlets, City Realtor can help you keep your property compliant and your tenancies running smoothly.

What’s Next for the Property Market?

The rest of spring is expected to bring strong levels of market activity. With the average asking price hitting a new high and demand growing week by week, we could see continued house price growth over the next few months. Nationwide is forecasting a 2–4% increase in 2025 if inflation remains controlled.

Lettings will stay competitive, and legislation will continue to reshape landlord responsibilities. Staying informed, prepared, and adaptable will be the key to success.

Looking for Help?

Whether you’re buying, selling, letting or renting in Tower Hamlets, City Realtor is your local expert. Our team is here to support you through every stage of your property journey.

Call us on 0207 790 7702 or email admin@cityrealtor.co.uk to get started.

We know property better than anyone and are proud to be a trusted estate agent in Tower Hamlets.

What Next?

City Realtor brings you all the latest property market news each month. For more localised property news in Tower Hamlets, please contact the team at City Realtor.

Do you require a valuation or no-obligation advice on buying, selling or renting a home in Tower Hamlets? Please contact our expert property team at City Realtor on 0207 790 7702 or email us at admin@cityrealtor.co.uk, and we will be delighted to help you.

Don’t forget to follow us on our socials for updates and new listings!

Follow us on Facebook, connect with us on X, join us on Instagram, find us on TikTok, see us on LinkedIn, watch our YouTube Videos!

Good luck if you are buying a home, or considering putting your property in Tower Hamlets on the market. We’ve answered your FAQ’s here.

Note: The information in this article is based on data as of March/April 2025 and may change. Always seek professional advice for specific circumstances.

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When is the Best Time to Sell Your Home? (And Why it Might be Sooner Than You Think)

when is the best time to sell your home

If you’re planning to sell your property in Tower Hamlets, one question comes up time and time again: ‘When’s the best time to put it on the market?’ The answer most people expect is spring – and with good reason. Spring is a fantastic time to sell. Gardens are looking their best, natural light helps homes shine, and buyers tend to be more active. But it’s not the only time. In fact, with the right strategy and support, almost any time of year can work in your favour.

Why Spring Really Does Work

Let’s start by giving spring its due. There’s no doubt that March, April and May are popular months for property. Longer days and better weather make homes more photogenic and appealing for viewings. Families with children often start their search in spring to allow time for a summer move before the new school year starts. If your home has a garden, it’ll likely be at its most attractive in spring, and there’s a general sense of energy and activity in the market.

But that doesn’t mean you should wait…

The thing about timing is that it’s only part of the equation. What really drives results is demand – and motivated buyers exist all year round!

The ‘right time’ to sell your home is often when it suits you.

Here’s why you might choose to act outside the spring season:

  • You’ve found your dream home and don’t want to miss out.
  • You need to move for work or school commitments.
  • You’re restructuring finances or downsizing.
  • Your property type is in high demand, regardless of the season.
  • You want to get ahead of other listings before the next busy period.

Different Properties Have Different Patterns

Not all homes sell best in spring. For example, flats and smaller properties which are often purchased by first-time buyers or investors, can perform well in the new year, when people are keen to act on fresh goals. Larger family homes may do better at key transition points like late spring or early autumn. The point is, your home isn’t generic – so your timing shouldn’t be either.

The Local Market Makes a Difference

What’s happening nationally doesn’t always reflect what’s going on locally. That’s why working with an estate agent who knows the area inside out can help you make a confident decision.

At City Realtor, we work with homeowners across Tower Hamlets. We understand seasonal demand, buyer habits, and what sells well at what time of year – right here, not just on paper!

So… when should you sell?

If you’re ready now, spring is a great time to list your home and we’ll be happy to help you make the most of it. But if your plans point to summer or autumn, that can work too. The key is preparation, great marketing, and the right pricing strategy – all things we specialise in.

If you’re wondering whether now’s the right time to make your move, let’s talk. The City Realtor team is on hand to give you honest advice based on your goals, your property, and the local market as it stands right now. Call us on 0207 790 7702 or email admin@cityrealtor.co.uk.

In the meantime, we’ve answered some of your common questions about the best time to market your property.

FAQs

Is spring really the best time to sell a house?

Spring is traditionally a popular time because homes tend to look their best and buyer activity picks up. However, with the right advice and strategy, homes sell successfully throughout the year.

Are there benefits to selling in the summer or autumn?

Yes — summer can bring out committed buyers looking to move during the school holidays, while autumn often attracts buyers aiming to be settled before the end of the year.

Should I wait for the market to improve before selling?

That depends on your circumstances. Waiting can sometimes lead to a better price, but if you’re also buying, changes in the market will affect both sides. A personal consultation can help you decide what’s best for you.

How do I know if now is the right time for me to sell?

It comes down to your goals, timeline and property. We’re happy to offer honest, tailored advice – with no pressure – to help you decide your next move. Call us on 0207 790 7702 today.

Ready to Sell Your Home – What Next?

Not on the market yet? If you’re thinking about selling, our team at City Realtor is here to help. Contact us today on 0207 790 7702 or email admin@cityrealtor.co.uk to arrange a free valuation.

Don’t forget to follow us on our socials for updates and new listings!

Follow us on Facebook, connect with us on X, join us on Instagram, find us on TikTok, see us on LinkedIn, watch our YouTube Videos!

Good luck if you are buying a home, or considering putting your property in Tower Hamlets on the market. We’ve answered your FAQ’s here.

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7 Ways To Save Money When You Move House

7 Ways to Save Money When You Move House

Buying a property in Tower Hamlets will almost certainly be the most significant purchase you’ll ever make; however, your house move needn’t cost the earth.

The average cost of moving home in the UK is around £17,600*, once you factor in stamp duty, legal fees, estate agent fees, removals, and other moving expenses.

That’s a big chunk of money, so finding ways to cut unnecessary costs can really pay off.

At City Realtor, we often speak with clients who need advice to minimise their removal costs, so today, we are bringing you our very best ideas to help you save money when you move house.

* Average cost for illustration only. Costs vary depending on buying/selling price, location and other factors. 

7 Ways To Save Money When You Move House

1. Clear Out The Clutter

There’s no point in paying extra to move items into your new home that you don’t want or need, so it makes sense to clear out any clutter before booking your chosen removal company. With less clutter, you’ll save money on packing boxes, and with less to load up, the number of hours the removal team will be needed for may also be reduced.

If you’re putting items into storage, having fewer boxes will also reduce your expenses as you will need a smaller unit. As a bonus, if you sell your unwanted items before your move, you will have some extra cash to put towards your costs!

2. Choose The Right Removals Team

Comparing prices between different local removal companies is essential. Getting the best deal is important, so you should get multiple quotes from local companies. You should check out their reviews, too, as this will reassure you that you’re choosing trusted professionals to pack and handle your belongings.

3. Book Removal Services Early

The earlier you can book your removals team, the better, especially if you’re planning to move over a bank holiday or during peak seasons. An early booking allows you to budget more efficiently and gives you the best chance of being able to use your preferred company.

4. Check For Discounts

Some removal companies offer discounts for armed forces, key workers, students, or pensioners, so check every company’s website and don’t be afraid to call and ask about possible discounts.

5. Reduce Packing Material Costs

Whenever possible, use second-hand removal boxes or consider renting them from the removal company. You can avoid spending money on bubble wrap and stay eco-friendly by using your soft furnishings, clothing, towels, and blankets to wrap and protect fragile items.

6 . Disassemble Large Items Yourself

You can save money by dismantling large items like beds and other bulky pieces of furniture rather than booking your removal company’s disassembly service to do it for you. If the removal team need to take apart any items that won’t fit through the doors, you’ll need to pay more.

7. Manage Your Time

If you delay your removals team on the day itself, you could be charged more to cover the cost of their time. Good time management is essential. Ensure everything is packed well before your removal team arrives, ensure that it’s easy to access your property and that items like the dishwasher and washing machine have been disconnected. This will ensure you don’t face additional charges due to unexpected hold-ups.

Talk To The Experts

Although moving can be stressful, it needn’t be expensive!

Not on the market yet? If you’re thinking about selling, our team at City Realtor is here to help. Contact us today on 0207 790 7702 or email admin@cityrealtor.co.uk to arrange a free valuation.

Don’t forget to follow us on our socials for updates and new listings!

Follow us on Facebook, connect with us on X, join us on Instagram, find us on TikTok, see us on LinkedIn, watch our YouTube Videos!

Good luck if you are buying a home, or considering putting your property in Tower Hamlets on the market. We’ve answered your FAQ’s here, and we’ve answered some of your common questions about saving money on your house move below.

In the meantime, we’ve answered your common questions about saving money when moving house.

Frequently Asked Questions About Saving Money on Your House Move

How can I reduce the cost of packing materials?

You can save money on packing materials by using second-hand boxes, renting boxes from removal companies, or repurposing household items like blankets and towels.

Can I disassemble furniture myself to save money?

Yes, disassembling furniture yourself can help you save money on removal costs. However, ensure you know how to reassemble it correctly to avoid frustration – and damage.

How can I avoid additional charges from my removal company?

Manage your time effectively to avoid delays and ensure your property is accessible for the removal team. Be prepared with all necessary information and documentation.

What other tips can I follow to save money on my house move?

Declutter your belongings before the move to reduce the amount of items you need to transport. Compare quotes from different removal companies and negotiate for a better price. Consider moving during off-peak seasons or weekdays to potentially get lower rates.

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March 2025: Property Market Update

March 2025 Property Market Update

The UK property market is currently undergoing some noticeable changes, affecting everyone from homeowners and landlords to buyers and tenants.

With interest rates fluctuating, house prices adjusting, and rental demand continuing to grow, staying informed about the latest trends is more important than ever.

Whether you’re looking to move, invest, or understand what’s happening in the property market, knowing where things stand can help you make better decisions.

Over the past year, economic conditions have played a major role in determining house prices and mortgage rates. Many potential buyers are watching interest rates closely, while sellers are deciding whether now is the right time to list their property. At the same time, landlords are facing ongoing legislative changes, and tenants continue to deal with increasing rental costs.

March is often a busy period in the property market, with the arrival of spring encouraging more people to buy and sell. However, as expected by many in the industry, there was no mention of a Stamp Duty deadline extension in the recent spring statement. That means April 1st could come as a costly blow for thousands of home movers and first-time buyers who now face an extra £2,500 in stamp duty charges.

Industry voices, including Rightmove, had been calling on the Chancellor to offer a short extension to help those already mid-purchase complete their transactions without being stung by the extra cost, but this has not materialised.

Understanding these developments and their potential impact can help buyers, sellers, landlords, and tenants plan their next steps with greater confidence .

Market Overview: Trends and Influences

During February, UK house prices experienced a slight decline of 0.1%, bringing the average property value to £298,602. This unexpected dip follows a period of consistent growth.

The Royal Institute of Chartered Surveyors (RICS) reported that February marked the weakest month for the housing market since late 2023. A net balance of 14% of agents and surveyors noted a drop in new buyer enquiries, the lowest since November 2023. Additionally, 13% reported a decrease in agreed sales, with London experiencing a more pronounced downturn.

Mortgage rates have also seen some fluctuations. As of March 1st, the average two-year fixed mortgage rate stands at 4.87%, down from 5.01% at the start of February. The average five-year rate decreased to 4.69% from 4.81% over the same period. However, concerns about rising inflation may influence future rate decisions.

It’s not all bad news though! Some regions continue to show resilience and the recent reduction in the Bank of England’s base rate to 4.5% may lead to more competitive mortgage deals, potentially easing the path for prospective buyers.

Recap:

How have UK house prices changed recently?

UK house prices saw a slight decline of 0.1%, bringing the average property value to £298,602.

What are current mortgage rates?

As of March 1st, the average two-year fixed mortgage rate is 4.87%, and the average five-year rate is 4.69%.

Is now a good time to sell my property?

With the traditional spring surge, it can be a great time to sell. However, setting a realistic price and ensuring your property is well-presented are crucial.

How is the rental market performing?

Rents continue to rise, with private rental prices increasing by 8.7% in the 12 months to January 2025. Tenant demand remains high, making it a strong market for landlords.

March Insights for Homeowners and Sellers

For home owners considering selling their properties, current market conditions present both challenges and opportunities.

Considerations for Buyers

Prospective buyers should navigate the current market with careful planning.

  • Mortgage Preparedness : Securing a mortgage agreement in principle can strengthen your position when making offers, especially as lenders adjust rates in response to economic indicators.
  • Market Research : Stay informed about regional price trends. For instance, while some areas have seen price declines, others have experienced annual growth.
  • Energy Efficiency Matters : With energy prices still a concern, many buyers are prioritising homes with good insulation, modern heating systems, and higher EPC ratings. Choosing a property with energy-efficient features can mean lower bills and improved resale value in the long term.

Rental Market Dynamics

Both tenants and landlords are experiencing changes in the rental sector.

For Tenants

  • Rising Rents : latest figures show that average UK private rents increased by 8.7% in the 12 months to January 2025, slightly down from the 9.0% rise in December 2024.
  • Increased Competition : With a limited supply of rental properties, tenants may face heightened competition and should be prepared to act swiftly when suitable properties become available.

View our latest property for rent in Tower Hamlets here.

For Landlords

  • Regulatory Compliance : Staying updated on legislative changes is crucial.
  • Investment Opportunities : Despite challenges, the rental market continues to offer solid returns, especially in regions with high demand. Evaluating local market conditions can help identify lucrative investment opportunities.

Find out more about our property management services here.

The Future Outlook

The property market’s trajectory will depend on various factors, including economic policies, interest rate decisions, and regional supply and demand dynamics.

  • Interest Rates : The Bank of England’s recent base rate reduction to 4.5% reflects efforts to balance economic growth with inflation control. Future rate decisions will influence borrowing costs and, consequently, property affordability.
  • Government Policies : The recent spring statement addressed housing affordability and the Chancellor, Rachel Reeves’ plans to shake up planning rules and ramp up housebuilding could offer some longer-term relief. However, any real impact is still likely to be years away.
  • Regional Variations : The north-south divide in house price growth is expected to persist, with northern regions potentially outperforming southern counterparts.

Need Expert Guidance?

Navigating the current property market requires informed decision-making. At City Realtor, we offer tailored advice to meet your unique needs. Whether you’re buying, selling, renting, or letting in Tower Hamlets, our team is here to help. Contact us on 0207 790 7702 or email admin@cityrealtor.co.uk to discuss your property needs.

What Next?

City Realtor brings you all the latest property market news each month. For more localised property news in Tower Hamlets, please contact the team at City Realtor.

Do you require a valuation or no-obligation advice on buying, selling or renting a home in Tower Hamlets? Please contact our expert property team at City Realtor on 0207 790 7702 or email us at admin@cityrealtor.co.uk, and we will be delighted to help you.

Don’t forget to follow us on our socials for updates and new listings!

Follow us on Facebook, connect with us on X, join us on Instagram, find us on TikTok, see us on LinkedIn, watch our YouTube Videos!

Good luck if you are buying a home, or considering putting your property in Tower Hamlets on the market. We’ve answered your FAQ’s here.

Note: The information in this article is based on data as of February/March 2025 and may change. Always seek professional advice for specific circumstances.

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9 Room Upgrades That Add Value To Your Home

9 Room Upgrades That Add Value To Your Home

When it comes to adding value to a home, most people automatically think of big, expensive projects like a conservatory or an additional bedroom.

While these will undoubtedly add value to your property in Tower Hamlets, it’s not always as much as people think, and in some cases, it can be far more budget-friendly to repurpose an existing room than to build a whole new one.

Which Home Improvements Add Significant Value?

Below are nine of the best room upgrades you can carry out to add the most value to your property in Tower Hamlets.

1. Upgrade The Radiators

The heating system is an essential part of every home, and it’s vital to have radiators that emit enough heat.

Therefore, it may be a good idea to upgrade your radiators, perhaps getting bigger ones that will heat the room more effectively or ones that can double up as a towel rail for example. A stylish radiator can also improve the appearance of a room and become part of the design.

2. Add a Kitchen Island

If you have the space to add one, then a kitchen island can be worth its weight in gold.

Not only can it create an extra seating area, but it can also provide additional storage space for pots, pans, and appliances. And when it comes to kitchens, you can never have enough cupboard space.

3. Install An En-Suite

Although en-suite bathrooms are more common than they used to be, there’s still an element of luxury about them, and many buyers now see them as a must-have.

Despite being one of the more expensive room upgrades you can opt for, they can be a very worthwhile investment when it comes to selling your property.

4. Create a Walk-In Wardrobe

If you’ve got enough space in the master bedroom then a walk-in wardrobe is an ideal way to add value.

It also adds a touch of luxury and uniqueness to a property, which can help it stand out when the time comes to sell.

5. Build a Loft Conversion

This is probably the most expensive option on the list, but it may give your home the biggest boost in terms of value.

Any way that you can use existing space to make it more effective is likely to have a positive impact on your property’s value, and converting the loft to make an extra room is a prime example.

6. Convert The Garage

A garage conversion is another of the more expensive options, but again it’s one of the more effective ones.

If you already have a driveway and your garage is being used for storage then conversion to another room is a great way to make it work better for you.

It’s also likely to be a big positive for any future buyers, given the significant increase in people working from home in recent years. In many cases, a home office is of far more use than a garage for buyers.

7. Replace The Windows

If your windows are damaged or drafty then it’s worth having them replaced solely for the fact it will make your home warmer. The added benefit is the savings you’ll make on heating bills as your home is doing a better job of keeping the warmth in.

Add in the fact that new windows can be a key selling point for buyers, and you’ll find that this is a great way of adding value to your home. A lot of buyers will have used most, if not all, of their savings on buying the house, so any big, expensive upgrades like new windows or a new boiler are a way of attracting potential buyers who won’t have that extra cost to consider.

8. Add a Fireplace

Adding a fireplace can be an inexpensive, attractive way of boosting your home’s value.

It’s the sort of feature that can make a home feel cosier in the winter months, and it can make a great centrepiece in the living room. Compared with other room upgrades, it’s quite a reasonably priced and cost-effective way to boost the value of your home.

9. Install a Shower

Homes traditionally would only come with a bath! But in today’s world, a shower is essential, particularly for people with little time on their hands to take a long soak.

Adding a shower above the bath can be quite a simple, inexpensive job if you have a tiled bathroom already in place. If not, it becomes a little more expensive, but it’s still a great add-on for potential buyers when they come to view, and it boosts a property’s value.

You may also be interested to read: 7 Essential Tips That Can Help Sell Your House

Let Our Team of Experts Help

Homemovers in Tower Hamlets often ask us “what improvements will increase the value of my home?” and our team at City Realtor know exactly how to answer this!

Call us on 0207 790 7702 or email admin@cityrealtor.co.uk to find out the best improvements you can make to your Tower Hamlets property.

In the meantime, we’ve answered some of your common questions about home improvements.

Frequently Asked Questions About Home Improvements

What home improvements offer the best return on investment?

Kitchen and bathroom renovations are generally considered to offer the highest return on investment. However, other improvements, like adding a garage conversion or enhancing kerb appeal, can also increase your home’s value.

How much should I spend on home improvements?

The amount you should spend depends on your budget and the potential return on investment. Consider the average property prices in your area and the likely impact of improvements on the selling price.

Do I need planning permission for home improvements?

The planning permission requirements vary depending on the type of improvement. Extensions, structural changes, and certain external alterations may require planning permission. It’s essential to check with your local planning authority.

Can I do home improvements myself to save money?

You can potentially save money by doing some of the work yourself, but it’s essential to assess your skills and consider the complexity of the project. Hiring professionals for specialised tasks like plumbing or electrical work will ensure quality and safety.

Ready to Sell Your Home – What Next?

Not on the market yet? If you’re thinking about selling, our team at City Realtor is here to help. Contact us today on 0207 790 7702 or email admin@cityrealtor.co.uk to arrange a free valuation.

Don’t forget to follow us on our socials for updates and new listings!

Follow us on Facebook, connect with us on X, join us on Instagram, find us on TikTok, see us on LinkedIn, watch our YouTube Videos!

Good luck if you are buying a home, or considering putting your property in Tower Hamlets on the market. We’ve answered your FAQ’s here and we’ve answered some of your common questions about sprucing up your home for viewings below.

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February 2025 Property Market Update

February 2025 Property Market Update

Welcome to this month’s property market update. As 2025 gathers pace, here’s a quick look at what’s been happening for buyers, sellers, landlords, and renters. We’ve included some helpful insights and tips to keep you ahead of the game.

Market Overview

The UK property market is holding steady in February 2025. Recent stats show average house prices have risen by around 3% over the past year. Regional differences are creating interesting opportunities – while prime locations continue to thrive, emerging towns and rural areas are catching the attention of buyers seeking a better work-life balance.

Read more about these trends here

Buying: What You Need to Know

If you’re on the hunt for a new home – especially if you’re looking for a property for sale in Tower Hamlets – it could be a good time to lock in a deal. Mortgage rates are relatively stable with the Bank of England Base Rate at 4.5%, and there’s a range of options available, whether you’re a first-time buyer or moving up the ladder.

Tip for Buyers:

Found a property you like? Check out local amenities and transport links before making an offer. Areas with upcoming infrastructure projects could offer hidden future value. Also, consider the potential for renovations that can add long-term value to your home.

Selling: Making the Most of Your Property

If you’re thinking about selling, there’s plenty of good news. The market is still competitive, and homes in sought-after areas are attracting lots of interest. If you’re selling your home in Tower Hamlets, getting the price right is crucial. Properties priced just below the market median tend to sell quicker, as buyers are often drawn to perceived bargains.

Tip for Sellers:

Home staging and a few quick fixes can work wonders. A fresh coat of paint and some modern fixtures can make your property stand out. Well-presented homes are more likely to sell at a higher price.

Lettings and Landlords: Meeting Demand

The rental market is going strong, with steady demand for quality property to rent in Tower Hamlets. Keeping your property in great condition helps reduce vacancies and attract reliable tenants.

Recent surveys show that tenant satisfaction directly impacts rental yields. According to The Royal Institution of Chartered Surveyors (RICS), properties with high tenant satisfaction scores achieved around 5% higher yields than those with lower scores. Well-maintained homes with modern facilities continue to perform best.

Tip for Landlords:

Review your rental agreements regularly and consider incentives for longer leases. Simple upgrades like energy-efficient appliances not only attract eco-conscious tenants but can also help reduce your running costs.

Renting: Finding Your Ideal Home

For renters, there’s a wide selection of properties to let in Tower Hamlets. The market is competitive, but regeneration areas often offer great value, with modern homes and improved transport links.

Tip for Renters:

Stay ahead by registering with us to get early access to new listings. When you find the right property, act quickly to avoid missing out.

Keeping One Eye on the Future

It’s always wise to stay informed about possible policy changes that could affect the property market. With the government focusing on increasing housing supply and improving infrastructure, buyers and sellers should be ready for shifts in the market. Flexibility and staying in the loop are your best tools for success.

What Next?

City Realtor brings you all the latest property market news each month. For more localised property news in Tower Hamlets, please contact the team at City Realtor.

Do you require a valuation or no-obligation advice on buying, selling or renting a home in Tower Hamlets? Please contact our expert property team at City Realtor on 0207 790 7702 or email us at admin@cityrealtor.co.uk, and we will be delighted to help you.

Don’t forget to follow us on our socials for updates and new listings!

Follow us on Facebook, connect with us on X, join us on Instagram, find us on TikTok, see us on LinkedIn, watch our YouTube Videos!

Good luck if you are buying a home, or considering putting your property in Tower Hamlets on the market. We’ve answered your FAQ’s here.

Note: The information in this article is based on data as of January 2025 and may change. Always seek professional advice for specific circumstances.

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How to Make Buyers Fall in Love with Your Home This Valentine’s Day!

how to show your home some love this valentines day

Valentine’s Day isn’t just about romance – it’s also a great opportunity to make your home more appealing to potential buyers. If you’re selling a property in Tower Hamlets, a little extra care and attention before February viewings can have a big impact. Buyers often rely on emotions when making decisions, and creating a warm, welcoming atmosphere could be the key to winning them over. Use our simple yet effective tips to ensure your Tower Hamlets property captivates buyers at first sight.

Create a Welcoming First Impression

First impressions count, and your home’s kerb appeal plays a big role in attracting buyers. Ensure your property is inviting from the moment viewers arrive.

  • Tidy up the front garden or driveway. Sweep paths, remove any dead plants, and give your front door a scrub.
  • Add some greenery! A couple of potted plants by the entrance can make your home feel more welcoming.
  • Upgrade the lighting. With shorter days in February, ensure your outdoor lighting is bright and welcoming for evening viewings.

Set the Mood Indoors

Just like a romantic dinner, a well-prepared home creates the right atmosphere. The aim is to make your home feel warm, inviting, and easy for buyers to picture themselves living in.

  • Keep it cosy – especially if it’s a cold day. Put the heating on to create a comfortable environment.
  • Soft lighting is key, so avoid harsh overhead lights; instead, opt for table lamps and warm-toned bulbs.
  • A hint of subtle fragrance such as vanilla or fresh linen, can make your home feel clean and more inviting.

Declutter and Depersonalise

Buyers need to imagine themselves living in your home, so make it as neutral and spacious as possible.

  • Clear away personal items such as family photos, personal collections, and excessive decorations which can distract buyers.
  • Declutter surfaces including kitchen worktops, tables, and bathroom shelves. keep them tidy and free from unnecessary items.
  • Organise storage spaces! Buyers often check inside cupboards, so make sure they look neat and spacious.

Add a Touch of Romance

Since Valentine’s Day is all about love, a few well-placed romantic touches can enhance your home’s appeal.

  • A bouquet of fresh flowers on the dining table or kitchen worktop brings a touch of warmth.
  • Neutral-coloured throws and cushions make sofas and beds look inviting and add an extra layer of comfort.
  • Subtle decorative accents like candles, soft lighting, and lightly scented diffusers can create a relaxed and homely feel.

Freshen Up Key Areas

A quick refresh of certain areas can give your home a well-maintained appearance.

  • Cover scuff marks on walls and doors with a quick paint touch-up for a polished look.
  • Deep clean kitchens and bathrooms as these areas are deal-breakers for many buyers, so ensure they are spotless.
  • A well-made bed with fresh linen gives off a luxury hotel feel so fluff up those pillows.

Highlight Lifestyle Benefits

When potential buyers walk into your home, they’re not just looking at bricks and mortar, they’re picturing a lifestyle so home staging is worth it!

  • Create a warm, inviting feel by dressing the dining table as if for a special dinner.
  • Showcase cosy corners! If you have a reading nook, a comfy sofa near the fire, or a stylish home office, these highlights can make a lasting impression.
  • Strategically placed mirrors can enhance spaces and make rooms look larger by reflecting natural light.

Work with City Realtor

A professional estate agent in Tower Hamlets, like City Realtor, will guide you on presenting your home in the best possible way. We know what buyers in your area are looking for and can offer tailored advice to help your home sell faster.

Ready to Sell Your Home – What Next?

Not on the market yet? If you’re thinking about selling, our team at City Realtor is here to help. Contact us today on 0207 790 7702 or email admin@cityrealtor.co.uk to arrange a free valuation.

Don’t forget to follow us on our socials for updates and new listings!

Follow us on Facebook, connect with us on X, join us on Instagram, find us on TikTok, see us on LinkedIn, watch our YouTube Videos!

Good luck if you are buying a home, or considering putting your property in Tower Hamlets on the market. We’ve answered your FAQ’s here and we’ve answered some of your common questions about sprucing up your home for viewings below.

FAQs

Why is Valentine’s Day a good time to prepare my home for viewings?

Many buyers are looking to move in spring, so preparing in February means your home will be ready for the increased market activity.

Do small touches like flowers and candles really make a difference?

Yes! Buyers make emotional decisions, and a welcoming atmosphere can make your home more memorable.

Should I decorate for Valentine’s Day?

Subtle touches like fresh flowers and soft lighting can help, but avoid going overboard with Valentine’s decorations.

What’s the most important thing to focus on before a viewing?

Cleanliness, warmth, and a clutter-free space are the top priorities. A well-presented home can lead to a quicker sale.

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January 2025: What’s Happening in the UK Property Market?

What's Happening in the UK Property Market

What’s happening in the UK property market? Well, having welcomed a new year, the UK property market is already showing signs of activity that will mould the months ahead. January traditionally sets the tone for the year, and 2025 is no exception. Buyers, sellers, landlords, and renters are navigating frequent ups and downs influenced by economic factors, legislative changes, and evolving market trends.

Here’s our in-depth look at what’s happening in the UK property market and key developments in January 2025, along with advice to help you make informed decisions, whether you’re buying, selling, renting, or letting.

Buying Property in January 2025: Renewed Opportunities

January has started with cautious optimism for buyers. According to Halifax, the average UK house price in December 2024 was £297,166, reflecting a 3.3% annual increase

Mortgage rates are stabilising at an average of 4.5% for fixed-rate deals, making this an excellent time for buyers to plan their investments.

Tips for Buyers:

  • Compare Mortgage Options: With a variety of competitive products now available, consult a mortgage adviser to find a mortgage that suits your long-term goals. Use our mortgage calculator here.
  • Negotiate Strategically: Sellers in today’s market may be more flexible on price, especially for properties that have been listed for an extended period.
  • Consider Energy-Efficient Homes: Homes with higher Energy Performance Certificate (EPC) ratings are increasingly attractive and could offer savings on utilities.

Explore property for sale in Tower Hamlets on our website to find your ideal home.

Selling Property: Adapting to Buyer Expectations

The time it takes to sell a property remains consistent at around 58 days on average, as reported by recent data from Zoopla

January is an excellent time to list your property, as buyer interest typically rises after the Christmas holidays.

Tips for Sellers:

  • Focus on Kerb Appeal: Simple improvements, such as repainting the front door or tidying the garden, can make a significant difference.
  • Price Realistically: Use insights into local market data from our team at City Realtor to set a competitive price that reflects current trends.
  • Stage Your Home: Professional home staging can highlight your property’s best features and appeal to more buyers.

Request a valuation of your property in Tower Hamlets today and get expert guidance on achieving the best price.

Landlords: Preparing for 2025’s Challenges…and Opportunities

The private rental sector is undergoing transformation with the rollout of the Renters’ Reform Bill and the upcoming 2028 deadline for rental properties to achieve an EPC rating of “C” or higher. Rental demand remains strong, with the average monthly rent in the UK reaching £1,270, a 3.9% year-on-year increase.

Tips for Landlords:

  • Stay Ahead of Regulations: Review the EPC ratings of your properties and plan necessary upgrades now to avoid last-minute expenses.
  • Enhance Tenant Retention: Offer longer tenancy agreements or make minor improvements to maintain a stable income.
  • Consider Property Management Services: Navigating compliance can be complex; hiring a professional service can save time and reduce stress.

Discover how we support landlords in Tower Hamlets with our expert advice and services. Call 0207 790 7702.

Renters: Navigating Rising Rents and New Protections

The rental market remains competitive, but tenants now benefit from stronger rights under the Renters’ Reform Bill. January has seen continued demand for rental properties in Tower Hamlets.

Tips for Renters:

  • Be Prepared: Keep references, ID, and proof of income ready to act quickly when you find a suitable property.
  • Understand Your Rights: Familiarise yourself with the new legislation to ensure you’re protected from unfair practices.
  • Expand Your Search Area: Flexibility on location or property type can open more options in a competitive market.

Visit our website to browse our latest rental properties in Tower Hamlets to secure your next home.

Market Projections for 2025

The Bank of England has signalled no immediate changes to interest rates, which are expected to remain stable through the first quarter of 2025. This stability will likely encourage more transactions across the property market.

Key Statistics:

Average UK house price: £297,166 (December 2024)

Average rent: £1,270 per month

Time to sell: 58 days

January 2025 marks a promising start to the year for the UK property market. With careful planning and expert guidance, buyers, sellers, landlords, and renters can navigate these times effectively.

Whether you’re looking to buy, sell, rent, or let a property, City Realtor is here to help.

What Next?

City Realtor brings you all the latest property market news each month. For more localised property news in Tower Hamlets, please contact the team at City Realtor on 0207 790 7702 or admin@cityrealtor.co.uk.

Do you require a valuation or no-obligation advice on buying or selling a home in Tower Hamlets? Please contact our expert property team at City Realtor on 0207 790 7702 or email us at admin@cityrealtor.co.uk, and we will be delighted to help you.

Don’t forget to follow us on our socials for updates and new listings!

Follow us on Facebook, connect with us on X, join us on Instagram, find us on TikTok, see us on LinkedIn, watch our YouTube Videos!

Good luck if you are buying a home, or considering putting your property in Tower Hamlets on the market. We’ve answered your FAQ’s here.

Note: The information in this article is based on data as of December 2024/January 2025 and may change. Always seek professional advice for specific circumstances.

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New Year Decluttering! Your Ultimate Guide

New Year Decluttering

Selling your home can feel like a daunting process, but there’s one simple step that can make all the difference: understanding how to declutter. Creating a tidy, organised space is essential for attracting buyers and securing the best offers. When your home feels spacious and inviting, buyers can focus on its potential rather than distractions.

At City Realtor, we’ve seen first-hand how a well-decluttered home can speed up the selling process if your property is for sale in Tower Hamlets.

So, let’s look at why decluttering matters and how it can make your property stand out in the market.

Why Decluttering Matters When Selling

Decluttering isn’t just about tidying up – it’s about creating an environment where potential buyers can see themselves living. An organised home:

  • Looks more spacious, allowing viewers to visualise how they’d use the space.
  • Highlights your property’s best features, like natural light or built-in storage.
  • Gives the impression of a well-maintained home, adding perceived value.

If you’re selling a property in Tower Hamlets, decluttering is one of the most cost-effective ways to enhance its appeal.

Where to Begin?

It’s easy to feel overwhelmed when faced with a whole house to declutter. Start small and work systematically. Here’s how:

  • Create a Plan: List all the rooms and outdoor areas, and tackle them one at a time.
  • Gather Supplies: Stock up on boxes, bags, and labels for sorting items.
  • Focus on Key Spaces: Prioritise areas ready for viewings, like the living room, kitchen, and master bedroom.

Remember, viewers are likely to open cupboards, so ‘out of sight, out of mind isn’t an option – organise them neatly.

The 4 Box Method: A Decluttering Favourite

One of the most effective ways to declutter is using the 4 Box Method. This simple but effective approach ensures you stay organised and make clear decisions about each item.

Here’s how it works:

  • Box 1: Keep
    Place items you use regularly or need for daily life in this box. These will stay in your home during the sale.
  • Box 2: Donate
    For items in good condition that you no longer need, pop them in this box and take them to a local charity in Tower Hamlets.
  • Box 3: Sell
    If you have items with monetary value, like furniture or electronics, place them in this box. Online platforms such as Facebook Marketplace or Gumtree are great options to sell them.
  • Box 4: Bin
    For broken, damaged, or unusable items, dispose of them responsibly through recycling or rubbish collection.

The 4 Box Method is a quick, logical way to tackle clutter without becoming overwhelmed. Plus, it’s satisfying to see those boxes fill up!

You may also be interested to read our 9 Moving Home Packing Tips

Creative Tips for Decluttering

Decluttering doesn’t have to be boring. Here are some fun ideas to get your home clutter-free and market ready:

  • The “One-Year Rule”: If you haven’t used something in over a year, it’s time to let it go.
  • Use a Timer: Set a 15-minute timer and see how much you can tidy up – it’s surprisingly motivating!
  • Create Zones: Label boxes for ‘keep’, ‘donate’, ‘sell’, and ‘bin’ to streamline decision-making.
  • Turn it into a Game: Challenge your family to see who can fill a donation box first.

By making decluttering enjoyable, you’ll stay motivated and on track.

Tips for Specific Areas

Every corner of your home deserves attention when decluttering. Here are some comprehensive tips for tackling the most commonly cluttered spaces:

Living Room

The living room is often the heart of the home, so it needs to feel inviting and spacious:

  • Streamline Décor: Limit decorative items to a few neutral, tasteful pieces, such as a vase or a coffee table book.
  • Declutter Surfaces: Remove remote controls, magazines, toys, or other personal items from surfaces like coffee tables and shelves.
  • Minimise Furniture: Remove any unnecessary furniture to create more space and improve the room’s flow.
  • Organise Cables: Hide wires and cables from electronics using clips or cable boxes.
  • Neutral Colour Palette: Swap bold cushions or throws for neutral tones to appeal to a wider audience.

Kitchen

Buyers love a clean, functional kitchen that feels spacious and organised:

  • Clear Worktops: Remove appliances you don’t use daily, such as blenders, toasters, or coffee machines.
  • Tidy Cupboards: Arrange items neatly, grouping similar items together (e.g., spices, cans, jars). Consider leaving some empty space to make storage appear larger.
  • Declutter Drawers: Sort through ‘junk drawers’ and remove items like old takeaway menus, batteries, or chargers.
  • Streamline Pantry: Check expiry dates on food and throw away anything past its prime. Group items by category (e.g., baking supplies, snacks etc).
  • Polish Fixtures: Clean taps, sinks, and worktops to a sparkling finish. Buyers will notice!

Bedrooms

Bedrooms should feel restful and spacious, so less is definitely more:

  • Store Personal Items: Pack away family photos, trophies, or memorabilia to keep the space neutral.
  • Simplify Bedside Tables: Limit items to a lamp, a book, a clock, or a small plant.
  • Tidy Wardrobes: Showcase your storage by hanging clothes neatly, organising shoes, and leaving some empty space to give the impression of roominess.
  • Invest in Storage Solutions: Use under-bed storage for items like seasonal clothing or spare bedding.
  • Add Inviting Touches: Use neutral, coordinated bedding and cushions to create a cosy, welcoming atmosphere.

Bathrooms

Bathrooms should feel clean and spa-like, not cluttered with personal products:

  • Clear Surfaces: Remove items like toothbrushes, razors, or makeup from shelves. Store them in cabinets or baskets.
  • Organise Cabinets: Sort toiletries and discard any expired products. 
  • Add Simple Décor: A small vase of fresh flowers or a neutral soap dispenser can add a touch of elegance.
  • Polish and Shine: Ensure taps, mirrors, and tiles are gleaming. Buyers will appreciate the attention to detail.
  • Neutral Scents: Use subtle air fresheners or diffusers to create a clean, pleasant aroma.

Outdoor Spaces

Your garden, patio, or balcony is the first impression of your property’s exterior. Keep it tidy and inviting:

  • Tidy Up Greenery: Mow the lawn, trim hedges, and remove weeds to create a neat appearance.
  • Declutter Outdoor Furniture: Keep only a few tasteful items, such as a small table and chairs or a bench.
  • Store Tools: Put gardening tools, hoses, or lawn equipment neatly in a shed or garage.
  • Sweep Paths and Patios: Clear debris from pathways and ensure patios and decking are clean and free of stains.
  • Add Finishing Touches: Potted plants or hanging baskets can brighten up the space and add kerb appeal.

Home Office (if applicable)

With remote work commonplace, a tidy home office is a big selling point:

  • Organise Papers: Sort and file documents, and shred anything you no longer need.
  • Minimise Desk Clutter: Keep the desk surface as clear as possible, limiting items to a laptop, a notepad, and a pen.
  • Hide Cables: Use cable organisers to keep wires tidy and out of sight.
  • Use Storage Boxes: Store supplies like pens, staplers, or sticky notes in attractive boxes or containers.
  • Neutral Décor: Avoid overly personal touches like motivational posters. Opt for clean and professional!

By focusing on each of these areas and addressing their specific needs, you’ll create a home that feels polished, welcoming, and ready to impress potential buyers.

Bonus Decluttering Tips

Want to go beyond the basics? Try these approaches:

  • Rent a Storage Unit: If you have large furniture or sentimental items you can’t part with, storing them temporarily can create space while your property is on the market.
  • Borrow a Fresh Perspective: Invite a friend to walk through your home as if they were a buyer. They might spot clutter you’ve overlooked.

What to Do With Unwanted Items

Decluttering often leaves you with piles of things you no longer need. Here’s how to handle them sustainably:

  • Donate: Local charities in Tower Hamlets often accept clothes, furniture, and books.
  • Sell: Platforms like Facebook Marketplace, eBay, or Gumtree are great for offloading items while earning a bit of cash.
  • Recycle: Ensure items like electronics or glass are recycled correctly.

The aim is to clear your home without filling up the landfill!

Keep it Buyer-Ready

Once you’ve decluttered, it’s important to maintain all that lovely spaciousness, especially during viewings. Here’s how to stay on top of things:

  • Create a “Viewing Kit”: Keep a box of essentials – like a basket for stray clutter, cleaning wipes, and a fresh-scented spray – ready for last-minute viewings.
  • Store Excess Items: Use decorative storage baskets or boxes to hide clutter while maintaining style.
  • Adopt a Minimalist Mindset: Keep only what you need to avoid the clutter creeping back in.

Why City Realtor Can Help

Decluttering is a powerful way to maximise your property’s potential. By creating a clean, organised space, you’ll attract more viewings and make the selling process smoother. At City Realtor, we’re here to support you every step of the way. For more tips or to discuss marketing your property for sale in Tower Hamlets, call us on 0207 790 7702 or email us at admin@cityrealtor.co.uk.

As your local estate agent in Tower Hamlets, we understand exactly what buyers in this area are looking for. Decluttering is just one part of preparing your property for sale in Tower Hamlets. Our team can offer expert advice on staging, marketing, and more to ensure your home sells quickly and at the best price.

In the meantime, we’ve answered some of your common questions about decluttering.

Frequently Asked Questions

Why should I declutter before selling my home?

Decluttering helps your home look more spacious and appealing, making it easier for buyers to visualise themselves living there.

Can decluttering really increase my property’s value?

Yes! A tidy home often feels more well-maintained, which can translate into higher offers.

What should I do with items I want to keep but don’t have space for?

Consider renting a storage unit or neatly storing them in less-used areas of your home.

How do I declutter quickly for a last-minute viewing?

Keep a basket handy to gather stray items, give surfaces a quick wipe, and use air freshener to ensure your home smells fresh.

How can I make decluttering more sustainable?

Donate usable items, sell things online, and recycle responsibly to minimise waste.

Can City Realtor help with staging tips?

Absolutely! We can provide tailored advice to make your property in Tower Hamlets stand out.

What Next?

Do you require a valuation or no-obligation advice on buying or selling a property in Tower Hamlets? Please contact our expert property team at City Realtor on 0207 790 7702 or email us at admin@cityrealtor.co.uk, and we will be delighted to help you.

Don’t forget to follow us on our socials for updates and new listings!

Follow us on Facebook, connect with us on X, join us on Instagram, find us on TikTok, see us on LinkedIn, watch our YouTube Videos!

Good luck if you are buying a home, or considering putting your property in Tower Hamlets on the market. We’ve answered your FAQ’s here.

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Is Your Estate Agent Holding You Back: New Year, New Agent?

Is Your Estate Agent Holding You Back New Year New Agent?

Are you selling your property in Tower Hamlets? If interest has slowed, you may be wondering whether it’s time to switch estate agents. After all, a new year is almost upon us and with it, new opportunities! A change of estate agent could be just what you need to sell your home quickly and for the best possible price.

Why Consider a New Agent?

There are many reasons why you should consider switching estate agents. Perhaps your current agent isn’t proactive enough, or you’re not happy with their communication skills. Maybe you’re simply not getting the results you were hoping for?

If you’re feeling dissatisfied with your current agent, it’s important to act sooner rather than later. The longer you wait, the more time you’ll lose, so switching to a new agent could give your property marketing a much-needed boost.

Get a free instant valuation on your property in Tower Hamlets here.

How to Choose the Right Agent

Choosing the right estate agent is crucial. Here are our tips to help you make the best decision:

1. Do Your Research: Ask friends, family, and colleagues for their recommendations. You should also read online reviews and visit each agent’s website. Why choose us? Find out here.

2. Interview Multiple Agents: Don’t just settle for the first agent you meet. Speak with several different agents and compare their services, fees, and marketing strategies. The City Realtor team is super friendly and always willing to go the extra mile to ensure your selling experience is stress-free.

Book a valuation here.

3. Ask the Right Questions: When considering agents, don’t just ask about their fees! Their experience, marketing strategies, local knowledge and understanding of the current market conditions are important too.

4. Choose an Agent Who’s a Good Fit: It’s wise to choose an agent who you feel comfortable with. You should be able to trust them to handle your property sale with care and professionalism.

Tips for Selling Your Property in Tower Hamlets

In addition to choosing the right estate agent in Tower Hamlets, we’ve got some practical tips to help you sell your property faster and for a higher price:

  • Declutter and Depersonalise: A clutter-free and neutral space can make your property more appealing to potential buyers. Remove excess furniture, personal items, and unnecessary clutter.
  • Stage Your Home: Staging can significantly enhance the presentation of your property. Consider hiring a professional home staging company to create a welcoming and inviting atmosphere.
  • Enhance Kerb Appeal: A well-maintained exterior can make a great first impression. Pay attention to your front door, landscaping, and overall exterior appearance.
  • High-Quality Photography: Professional photos will showcase your property’s best features. Invest in high-quality photography to attract potential buyers. Ask us
  • Price It Right: A well-priced property is more likely to attract offers. Your estate agent will help you determine the correct value.
  • Be Flexible with Viewings: Accommodate potential buyers’ schedules and be flexible with viewing times where possible.

Why Choose City Realtor?

At City Realtor, we pride ourselves on providing exceptional service to our clients. We’re passionate about helping you sell your property in Tower Hamlets quickly, with no stress, and for the best price.

Our experienced team has a wealth of knowledge and expertise. We’ll work hard to market your property effectively and negotiate the best possible deal on your behalf.

If you’re looking for a new estate agent in Tower Hamlets to sell your property, please contact us. We’ll be delighted to discuss your specific needs and answer any questions you may have.

What Next?

Do you require a valuation or no-obligation advice on buying or selling a home in Tower Hamlets? Please contact our expert property team at City Realtor on 0207 790 7702 or email us at admin@cityrealtor.co.uk, and we will be delighted to help you.

Don’t forget to follow us on our socials for updates and new listings!

Follow us on Facebook, connect with us on X, join us on Instagram, find us on TikTok, see us on LinkedIn, watch our YouTube Videos!

Good luck if you are buying a home, or considering putting your property in Tower Hamlets on the market. We’ve answered your FAQ’s here.

We’ve also answered some of your common questions about switching estate agents in Tower Hamlets:

Frequently Asked Questions About Switching Estate Agents

Can I switch estate agent mid-sale?

Yes, you can usually switch estate agents’ mid-sale. However, it’s important to be aware of any contractual obligations with your current agent and any potential fees associated with early termination.

What are the benefits of switching estate agents?

Switching estate agents can offer several benefits, including:

  • Access to a wider pool of potential buyers
  • Improved marketing strategies and exposure
  • More experienced and knowledgeable agents
  • Better communication and responsiveness
  • Potential for a higher selling price

How do I switch estate agents?

To switch estate agents, you typically need to provide written notice to your current agent, terminating the agency agreement. You can then enter into a new agreement with your chosen agent.

Will switching estate agents delay my sale?

While switching estate agents may temporarily delay the sale process, a more experienced or motivated agent can often accelerate the process. It’s important to choose a new agent who can quickly take over the marketing.