Sadly nothing lasts forever! If you walk down Moulsham Street this week you will notice that our office is now closed permanently. A combination of factors has led to this point and a few things have come together at the same time to make the decision to stop taking on new business. We are remotely managing our existing sales and our excellent levels of service will continue until the last deal...
Focusing on average property values for an area is obviously only going to give you a general guide to prices across the whole spectrum of properties that are being sold. There is also a clear difference between average sold prices in Chelmsford and average asking prices in Chelmsford. One can be going up whilst the other one is going down so as a starting point you need to be aware of the difference...
Back in May 2022, we looked at one of the major property portals to get some specific data around the availability of houses for sale in Chelmsford. At that time the property market was still moving along swiftly and we and many other agents had the market imbalance of too many buyers for not enough properties. This helped to support high prices along with cheap borrowing costs. We were talking to many...
This week we were very proud to have been chosen as the agent to bring to the market a fairly unique property in Chelmsford. The family home was built in circa 1848 and consists of 5 bedrooms plus a detached Coach house which fronts onto New London Road in Chelmsford. There are currently 29 properties for sale in Chelmsford with an asking price of £1m and over. In just Old Moulsham there are only 2...
Last week Trefor and Louise were delighted to be invited back to see a house that we sold about a year ago in Chelmsford and the buyers were so proud to show us the work they had done to the house to make it into their own home. What a transformation!! I'm sure you will agree that it looks stunning and according to Trefor this is now an "11 out of 10 house" and if it came back onto the market we would...
1. Ensure that all ground rent and service charges are up-to-date: Prior to putting a leasehold property on the market, it is important to check that all ground rent and service charges are up-to-date and paid in full. If they are not, the buyer may be reluctant to proceed until they are settled. 2. Obtain a copy of the lease: It is essential to obtain a copy of the lease and to make sure that this...
In 2023 it is expected that up to 1.4m households in the UK will come off of their fixed rate mortgage and be faced with potentially large increases in the mortgage rates that they will be expected to pay. Currently we have conflicting news regarding fixed rate mortgage products actually coming down but the Bank of England Base Rate having increased in the last 12 months and most expecting it to rise...
On the 4th January 2021, McGovern and Co started trading from our original office in Upper Chase, Chelmsford. The business is 2 years old today!! There are many people to thank for their help and support along the way to help us get to this point and with our office now established on Moulsham Street more and more people are aware of us and using us to help to sell their property in...