Quick Move Properties

Wednesday, 27 May 2015

Quick Move Properties’ guide to retirement property

In recent years the retirement landscape has changed significantly. Today’s retirees are presented with more choice than ever when it comes to age-specific property, and moves in retirement are increasingly driven by choice and lifestyle aspirations rather than medical necessity.

Independent Living Communities
‘Independent living’ is a general name given for any housing designed exclusively for retired people, but that does not offer any additional assistance in terms of care or medical provision. The real appeal of independent living is the opportunity to maintain an active social life, and the security and peace of mind that comes from living in a community.

Residential parks are particularly popular within this category; offering attractive, high quality park home properties that are low maintenance, affordable and energy-efficient, and now Quick Move Properties, the UK’s largest property part exchange company, are offering a new Assisted Move scheme to help retirees find their perfect park home.

Patrick Chambers, Sales Director at Quick Move Properties, explains:

"Working to your budget, timescale and location requirements, Quick Move Properties will work with you to choose the residential park and property that are most suitable, we will then work alongside an independent estate agent to sell your existing property, with the finance from the sale going on to cover your residential park home purchase.

The aim of the new Assisted Move scheme is to take the hassle and up-front costs out of moving to a residential park, offering additional peace of mind to retired home owners. It also gives members of the public the opportunity to benefit from our extensive experience and expertise in the residential park home sector and our longstanding relationships with both park operators and home manufacturers.

Because we pay all of the up-front costs; estate agent fees, solicitor fees and deposits, the process is simple, stress-free and straight forward."

Retirement Villages
At the higher end of the market, luxury retirement villages are revolutionising the retirement property market. Offering an aspirational lifestyle, retirement can now come complete with daily spas and gym visits, swimming pools, and restaurants headed by high-calibre chefs.

Retirement villages often appeal to those who have released a substantial amount of equity through are looking to downsize from a large family home, but who are looking to maintain a certain lifestyle and are happy to pay to have health club level facilities on their doorstep.

Retirement villages often offer a wide range of groups and activities, in addition to the leisure facilities on offer, so they’re a great choice for people looking for an active social life, but with the security and privacy that comes from still owning a bricks and mortar home.

Assisted Living
Assisted living is a great option for those who need some help with daily activities, including minor help with medications, but who want to continue living independently in a home that they own. Assisted living options are available within a number of retirement communities, including many retirement villages.

The properties available with assisted living are more likely to be apartments than houses, but will likely have central guest facilities available for any friends or family wishing to visit. Properties are likely to be wheelchair friendly, with access to a wide range of services such as the provision of meals, a cleaning and laundry service, and support staff on-call 24 hours a day for peace of mind.

Nursing or Care Home
Nursing homes and care homes provide care for those who are no longer able to continue living independently; which is appropriate will depend on the level of medical care required.

Continuing Care Retirement Communities
Continuing Care Retirement Communities (CCRCs) are facilities that include a combination of independent living, assisted living, and nursing home care in one location. Several retirement villages now fit this model, which allows for progressive care, should it be required as you get older, without the need for another big move. It also caters for couples where one resident requires a greater level of care than the other.

Selling your existing property
If you’re considering your retirement options and have an existing property to sell, part exchange or a reputable quick home sale company, such as Quick Move Now, could offer you a quick, hassle-free, guaranteed sale.

Working to your timescales, Quick Move Now allow you to sell your existing property without the time and upheaval involved in people coming to view your house, and as they cover all the fees, there’s no upfront payment to worry about. They pay the proceeds of the property sale into your account on completion, leaving you to move forward with the retirement property option you’ve decided best suits your requirements.

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Monday, 18 May 2015

Could a holiday let be the wisest investment you’ll make this year?

If you’re looking to get a little more return on your money than the low interest rates currently being offered by banks and building societies, investing in a ‘holiday let’ property could be a move worth considering.

In the 2011 consensus more than 165,000 people said they had a second property that they use as a holiday home, and Patrick Chambers, Sales Director at Quick Move Properties, says it is a market he’s seeing vast amounts of growth in.

Patrick explains: “We’ve seen significant growth in the number of people buying holiday properties in the last year or so. Property can be a favourable investment, especially with the low interest rates currently being offered on savings accounts, and people like the idea of being able to use the property for their own holidays as well.

“Some of our customers have inherited a property and want to invest the profits from its sale into a more manageable property, some may be downsizing from a large family home and want to buy both a smaller residential property and an investment property, and others are buying a holiday home mainly for personal use, but like the idea of generating a bit of extra income when they’re not using it.

“A large proportion of our customers are looking to invest in a leisure home on a designated leisure or holiday park, mainly due to the added peace of mind they get from knowing their property is going to be well looked after when they’re not staying there, and the added services that such parks are able to offer. On-site facilities are a fantastic draw for both the home owners and prospective holiday let customers, and additional services such as cleaning, property maintenance and holiday let marketing are available on many parks, all of which make for a low-hassle holiday let investment when your main residence may be a significant distance away from the holiday home.”

Things to consider:

· Facts and figures: Find other holiday let owners in the area, or if you’re considering purchasing a holiday home on a designated leisure or holiday park speak to the park operators and any other holiday let owners on the site, and gain from their experience – what sort of weekly rental figures could you be asking? what sort of margins would you be looking at?

· Practicalities: How will you manage the property? Will you market the holiday let yourself? Who will handle the change-over/cleaning of the property between lettings? If you’re planning to buy a property on a leisure or holiday park, what sort of additional services can the owner or manager provide?

· Location, location, location: Where do you want your holiday home? Where will you get the most interest as a holiday let? Are there attractions in the local area that would appeal to holiday makers? What’s the surrounding area like and what facilities and amenities are close by? Are there good transport links?

· Part exchange: If you have a second home, former investment property or inherited property that you’d like to sell in order to buy a low-maintenance holiday home, you might want to consider part exchanging your existing property for a holiday lodge or leisure home. You can find out more about how part exchange could take the time and hassle out of the selling and buying process here

Quick Move Properties is the UK’s largest property part exchange company. Established in 1998, the company has purchased over 5,000 properties with a value of £725 million. If you’ve inherited a property that you’d be interested in part exchanging for a holiday property, or are looking to downsize in order to invest in a leisure or holiday home visit www.quickmoveproperties.co.uk or call 01793 840917 to find out how Quick Move Properties could offer a quick, risk-free and hassle-free service.

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Monday, 11 May 2015

Quick Move Properties offers a smooth move with new scheme

Quick Move Properties, the UK’s largest property part exchange company, is helping people achieve a smoother move with the introduction of their new Assisted Move scheme.

Assisted Move, which is available to anyone interested in buying a park or leisure home, allows movers to use the capital from their existing home to secure their move without requiring any cash up-front, facilitating a quick, smooth and hassle-free move.

Members of the public can simply tell Quick Move Properties where they’d like to live and the team will set about finding the residential park or leisure park to suit them. Quick Move Properties will then work with them to choose the park or leisure home that best suits their requirements, budget and timescales - because the company has longstanding relationships with home manufacturers they can often reduce the timescale and speed up your move – and finally, they will work alongside an independent estate agent to sell the client’s existing bricks and mortar property. The funds from the sale will then be used to cover their onward purchase and hopefully leave them with a little leftover to enjoy life in their new home.

Patrick Chambers, Sales Director at Quick Move Properties, “The aim of Assisted Move is to take the hassle and the up-front costs out of moving to a residential park or leisure park. The scheme also gives members of the public the opportunity to benefit from our extensive experience and our longstanding relationships with park and leisure home manufacturers.

“Because we pay all of the up-front costs there are no estate agent fees of solicitors fees, and no deposit to pay on your new park or leisure home. You simply select the location and the property, with our expert team on hand to offer advice and guidance every step of the way.”

The Quick Move Properties team will be on-hand to offer advice on Assisted Move, and the other services they offer, at The National Park and Holiday Homes Show with weekend (15th-17th May) at Newbury showground.

For more information on Quick Move Properties’ Assisted Move scheme you can call the team on: 01793 840917 or visit the website: www.quickmoveproperties.co.uk for more information on their full range of services.

- end -

Notes to editors:
Quick Move Properties is the UK’s largest property part exchange company with an annual turnover of £42 million. The company was established in 1998 and since then has purchased over 5,000 properties with a combined value of over £725 million.

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Tuesday, 5 May 2015

I’ve inherited a property, now what?

Inheriting a property can raise a number of practical, financial and emotional issues that can take time to work through. Things can get challenging geographically if the property is a distance away from you and can be even more complicated if other family members are involved, but there are a few basic options that you are faced with when deciding on the future of the property:

Move in
Moving into the property can be a good option if your personal housing situation allows and if the inherited property meets your needs better than your current property. It can also give you time to sort through any personal belongings within the property gradually and give you the opportunity to do some work on the home to ensure you get the best price you can for it if you decide to sell it on the open market at a later date.

Rent it out
Renting the property could provide a significant income, and can take the time pressure away from finding a buyer for the property, however it’s important to be aware that you will be required to pay tax on any profit you make from the rental income. You will also need to ensure you comply with relevant laws about the safety of the property and its contents and will have an ongoing responsibility when it comes to maintenance and upkeep.

Sell it
If you decide that selling the inherited property is the right route, there are several things you’ll need to factor in. If the property still has an outstanding mortgage on it, you may be responsible for the monthly repayments, and any other costs associated with the property, while waiting to find a buyer, so pricing the property appropriately and ensuring it is marketed effectively will be key. If you need a quick sale, you might consider a home buying company.

Part exchange it
If you find the idea of having a second home appealing, but the particular property or the location of the property you’ve inherited are not ideal, you could consider part exchanging the property for a leisure home. Owning a leisure home allows you to make the most of your holidays and weekends, without the upkeep and maintenance associated with owning a traditional second property, giving you the freedom to just get away and make the most of every minute. A leisure home can also offer an attractive opportunity to sub-let the property to generate income.

Patrick Chambers, Sales Director at Quick Move Properties – the UK’s largest property part exchange company, explains: “If you like the idea of having a hassle-free holiday home that you can escape to for a weekend or a longer holiday, a leisure home can offer a low-maintenance ‘home-from-home’, and part exchange can be a great way to free you up to make that purchase.”

For details of how Quick Move Properties’ part exchange offer could help you click here.

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Are you thinking about downsizing your home?

Downsizing your family home can open up the door to a brand new lifestyle. Our guide to downsizing will lead you through the different aspects involved and explore both the challenges and the benefits of downsizing.

Why downsize?
There are many reasons to consider downsizing your family property. The move may be financially motivated, come through a desire for less property maintenance and upkeep, or a wish to be closer to family. You may also be planning ahead and considering a move to a retirement village or residential park for the active social communities they offer and the support and care which may be available should you require it in the future.

There are several different options when it comes to downsizing.

Rent/buy a smaller property: If you’re thinking of moving to a new area, it might be worth considering renting, at least in the short-term, so you have an opportunity to explore the new area and get a better idea of where you’d like to be before you commit to purchasing a property or finding a long-term rental property.

Park homes: Park homes are single-storey homes built on dedicated residential parks in rural or semi-rural locations. They are a popular and affordable choice, especially if you’re looking for somewhere with a strong sense of community.

Retirement villages: Retirement villages are also a popular choice for those who wish to maintain their independence but want a variety of amenities on their doorstep and the option of increased care, should they require it in the future, without having to move again.

Benefits:
There are many benefits to downsizing. Financially, downsizing is likely to both free up equity secured in your property and offer reduced outgoings on an ongoing monthly basis. The finance released can be used for a variety of different purposes; perhaps there’s a trip of a lifetime that you haven’t quite got round to taking yet, or you’d like to be in a position to make a financial gift to loved ones. Equity can also be invested to provide an ongoing monthly income and improve your financial situation long-term.

A large house also brings with it a substantial amount of property upkeep and maintenance, which can be significantly reduced when you downsize your property.

Challenges:
Downsizing, and the decluttering that undoubtedly accompanies it, can be an emotional process. Possessions that have been in your home for a number of years will be difficult to part with, but it may be helpful to think about how they might benefit other people? Donating items is a great way to combine downsizing with helping others or contributing to a charity you’re passionate about. The practicalities of downsizing can be daunting, but approaching it one room at a time will make the task more manageable and stop you feeling overwhelmed.

Overview:
Downsizing seems to be an increasingly popular option. In the last three years more than 11% of enquiries received by Quick Move, the UK’s largest home buying and property part-exchange company, has been from home owners looking to downsize. Prudential further confirms this by suggesting that 41`% of homeowners over the age of 55 are planning to sell their house in the near future, with 75% of those planning to downsize. And what does the released finance get spent on? Luxury purchases, such as holidays, are one of the top things downsizers are spending their money on, along with investments and pension pot boosts.

After retiring, Yvonne and Bill King wanted to downsize and enjoy more quality time together. They decided that a residential park could offer the sort of lifestyle they wanted, but were keen to move while they were still young enough to enjoy everything the park had to offer.

After the Kings met the owners of the park, they were delighted to find they also lived at the park and were always on hand if anything was needed. The couple were keen to progress the move as swiftly as possible and secure a quick house sale. They decided that part exchanging their current home through Quick Move Properties might be the right option for them.

Mr King explains: “We looked into part exchange and liked everything about it, particularly the speed at which a sale could be completed. I was slightly dubious and kept wondering what the catch was. I was aware that it would be below market value but I was pleasantly surprised when an offer was made.

“I worked out that although I may have achieved a bit more on the open market, when you take out the £6,000 estate agent fees and the £1,000 solicitor fees that you don’t have to pay with Quick Move Properties’ part exchange, it suddenly became a relatively small price to pay for all the time, stress and risk we saved.”

As well as a quick house sale, part exchanging their existing house offered the Kings peace of mind – they knew exactly how much money they were getting for their property and which date they would receive that money on, without any worry about the sale falling through.

Quick Move Properties
Telephone:	New homes team: 01793 840907
	Park homes team: 01793 840917
	Brokers team: 01793 840909
Fax:	01793 840909
Email:	px@quickmoveproperties.co.uk
Address:	QMP (Holdings) Ltd, Unit 15, Interface Business Park, Bincknoll Lane,
	Royal Wootton Bassett, Wiltshire, SN4 8SY

Telephone:	New homes: 01793 840931 Park homes: 01793 840917 Brokers: 01793 840907
Fax:	01793 840909
Email:	px@quickmoveproperties.co.uk
Address:	QMP (Holdings) Ltd, Unit 15, Interface Business Park, Bincknoll Lane, Royal Wootton Bassett, Wiltshire, SN4 8SY

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Wednesday, 27 May 2015

Quick Move Properties’ guide to retirement property

Click here to return to blog home

Monday, 18 May 2015

Could a holiday let be the wisest investment you’ll make this year?

Click here to return to blog home

Monday, 11 May 2015

Quick Move Properties offers a smooth move with new scheme

Click here to return to blog home

Tuesday, 5 May 2015

I’ve inherited a property, now what?

Click here to return to blog home

Are you thinking about downsizing your home?

Click here to return to blog home

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