FAQ’S
How much does property management cost in North London?
– Management fees vary depending on the level of service.
– Most full-management packages cost between 12%–15% of monthly rent, covering tenant management, maintenance, and compliance.
– Element Properties & Co provides a transparent, fixed-fee structure with no hidden extras.
What are the hidden costs when buying or selling a property?
– Typical extras include solicitor fees, stamp duty, mortgage arrangement fees, and for sellers, estate agent commission and EPC certification.
– Knowing these in advance helps you budget accurately.
Should I use an estate agent to sell or let my property?
– A professional agent brings accurate valuations, targeted marketing, qualified buyers or tenants, and smoother negotiations.
– DIY listings can save commission but usually take longer and risk under-pricing.
How can I increase my property’s value before selling or renting?
– Focus on energy efficiency (EPC rating), modern kitchens/bathrooms, curb appeal, and professional staging.
– Even small updates — new flooring, lighting, or paint — can lift perceived value significantly.
What do landlords need to know about being compliant in 2025?
– Landlords must meet safety standards (EICR, Gas Safety, smoke/CO alarms), deposit protection, and upcoming energy-efficiency rules.
– Partnering with a management agency ensures compliance stays up-to-date.
How does probate affect selling or managing an inherited property?
– If a property is in probate, it can’t legally be sold until the Grant of Probate is issued.
– Agents familiar with probate sales can help with valuations, securing the property, and liaising with solicitors.
What’s the best way to rent out a property in North or East London?
– Prepare the property (clean, compliant, well-presented), price it based on current demand, and list with a reputable agent who handles referencing and tenancy agreements.
– Element Properties & Co covers both North and East London markets, ensuring maximum exposure.
How is technology changing property sales and lettings?
– Digital viewings, instant valuations, smart home data, and AI-powered communication are transforming the industry.
– At Element Properties & Co, we integrate these tools to speed up marketing, communication, and decision-making.
