Posted: 28th October 2021

Debunking Myths

We debunk the top myths about home buying, so you can be fully prepared to buy or sell.*

 

Myth - Estate agents set the price of your property

Truth - Estate agents don't decide what the sale price of your property will be on the market, what we can do however is offer our recommendations based off a thorough property valuation that takes into account the age of the property, the location, size, layout and any unique features it has, and will offer advice on achieving the best possible price. 

 

Myth - The asking price is the price that you have to pay

Truth - In September, four out of ten properties sold for the asking price or above.** This is a high figure compared to normal levels due to strong home buyer demand in the current market, however generally speaking, it is normal to offer below the asking price on a property that you are interested in, and be prepared to up your offer if the seller doesn't accept. 

If you're not sure on what offer to put in for your dream property, get in touch with our local property experts who will be able to advise you on a sensible price to pay. 

 

Myth - Get a personal loan if you can't save up for a deposit

Truth - Even though saving up for a deposit can be difficult and time consuming, turning to a quick fix such as a personal loan can be seen as a risk and could result in your application being turned down, so you should always be prepared to declare and prove where your deposit funds have come from.

 

Myth - All home improvements will add value to your property

Truth - Not all home improvements add value, so if you're wanting to add value to your property or boost the chances of your home selling for or above the asking price, talk to our property experts who will advise you on the best home improvements for your property.

If you want to know the current value of your property and what projects will help add value, contact us to request an in-depth valuation by a member of our team.

 

Myth - Buying a flat or apartment is not a good property investment

Truth - Apartments and flats can be a great investment, particularly in cities or towns where the market moves fast. 

When thinking of purchasing a flat or apartment, make sure to note the duration of the leasehold as this may affect your ability to sell the property or re-mortgage. 

 

Myth - Bills and other outgoings won't affect your application

Truth - All monthly outgoings are considered in your application, this includes all bills, utilities, loans, car repayments and any other regularly occurring outgoings you may have. 

You should also be wary of any outgoings that may be deemed as rash or careless, such as retail spending, betting or entertainment and nights out.

 

If you're looking for further support and guidance on selling or buying your home this Autumn, why not get in touch with your local Barbers branch.

 

 

*Property Reporter

**NAEA Propertymark

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I would definitely recommend Barbers. Their staff are very helpful, reassuring, have all the answers to your queries, keep you advised throughout the transaction and extremely professional. They...
They couldn't do any more for you.

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Very prompt, efficient service. Property particulars and photographs led to a very quick sale. Mrs D - January 2020
Quick Sale

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Property was well valued. All the staff were knowledgeable, polite and friendly .They knew their market and made selling our house a stress-free event . We would certainly not hesitate to use them...
Excellent service

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Barbers of Market Drayton are a great team of proactive professionals. Selling and buying properties can be extremely stressful in the wrong hands but the team at Market Drayton really do go out...
Mrs S - September 2019

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I ask you to pass on my very grateful thanks to you all for making it look easy to sell a home and then buy another. That takes a bit of skill. And all done with cheerfulness and...
Mrs W - September 2019

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Could we also just add that your accompanied viewer (Suzanne) Is marvellous. This is the second time we have viewed with her and she's a credit to Barbers Estate Agent. She's very welcoming and...
Ms J - September 2019

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Super helpful, efficient and experienced team. Very impressed with their service and approach. Mr & Mrs H - May 2019
Mr & Mrs H

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Barbers have provided an excellent service, they have been very efficient. I was more than happy with the way my property was marketed, they gave useful advice and all comments from viewers were...
Mrs R

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They sold the property very quickly and dealt with my and the buyer's concerns in a very efficient and professional manner. They are always helpful and responsive. One of the reasons for choosing...
I was delighted with the service received.

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Excellent service from Barbers - both a purchaser and a seller. Very clear communication; all staff are friendly, helpful, have a good sense of humour and willing to give 100%. I wouldn’t...
Excellent service from Barbers

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I found Barbers, pleasant efficient helpful and proactive. All staff were excellent all aspects of the service was explained to me and showed staff showed empathy as it was a stressful time for...
Pleasant, efficient, helpful and proactive.

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  Barbers restored my faith in estate agents. T hey arranged all the viewings, rang with feedback & recommended tradesmen when needed. When I needed advice not always related to...
They restored my faith in estate agents.

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  Excellent Service!! A* Team. Very friendly and dedicated to their jobs. Julie Armstrong went above and beyond and deserves a medal. Brilliant at what they do and I absolutely love my new...
Excellent Service!! A* Team

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  Barbers delivers fantastic service through a team that is knowledgeable, friendly, and customer-focused. Having both sold through them and bought my onward property through them, I could...
My first and only choice for my next move!

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Thank you all so much for overseeing the sale of our house and also helping me find a new, temporary place to live! Your efficiency, friendliness, professionalism, reassurance and kindness has...
Mrs Hadebe

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This was the best decision I ever made. Jess was amazing and patient with me. Everything was clear and pain free. I would use this service again - highly recommended. Miss Cox – Vendor...
Modern Auction Method

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The Barbers team at the Wellington branch are polite and friendly. They kept me informed and responded to queries quickly and coherently. Their behaviour was exemplary and I felt reflected the...
To treat everyone as you would expect to be treated yourself

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Thank you for all your help and patience. You have made the moving process a lot less stressful for us. Ms H, Shrewsbury
Thank you for all your help and patience

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The agent did accompanied viewings as the property was empty and being disposed of by relatives after probate. They liaised and negotiated well with me and the vendor, and provided support and...
The agent did accompanied viewings as the property was empty

"

No hassle, Barbers were fantastic. Will use again should I ever move. Listed in The Property Ombudsman Survey for Barbers Wellington/Telford Branch
No hassle, Barbers were fantastic

"

The service was very good. We would recommend them to others. Listed in The Property Ombudsman Survey for Barbers Wellington/Telford Branch
The service was very good.

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Initial contact professional and fully understanding of our needs. Always available and acquainted with the ever changing services. Good team effort from all those involved in the transaction....
Initial contact professional and fully understanding of our needs

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Information was accurate. Guarantees about seller leaving property by a deadline I was working to were met. Trouble free purchase. Listed in The Property Ombudsman Survey for Barbers...
Information was accurate.

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Very friendly efficient staff who kept us up to date with any development. Listed in The Property Ombudsman Survey for Barbers Wellington/Telford Branch
Very friendly efficient staff

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I am just e-mailing you to thank you for the incredibly smooth transaction of letting our new rural cottage in South Shropshire. To enable our move you have also found us an excellent tenant for...
I am just e-mailing you to thank you for the incredibly smooth transaction of letting our new rural cottage in South Shropshire. To enable our move you have also found us an excellent tenant for our own property in Wem. From the moment we saw our cottage

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We are very pleased with the prompt and efficient manor you and your team, helped to prepare Keeper's Cottage for letting again, and finding suitable tenants for the property, within two weeks of...
We are very pleased with the prompt and efficient manor

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Thank-you for seeing us through our roller coaster move to Market Drayton, at times we wondered if we would even make it. Thank-you for your patience and efforts on our behalf and thanks to all of...
Thank-you for seeing us through

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Barbers were very efficient and despite the market conditions it took only 5 weeks to sell our property. We would use them in the future (if we ever move again!) Listed in The Property...
Barbers were very efficient

"

Very helpful and friendly did their best to market the property and provided a lot of viewers. Always kept me in touch. Karen was very efficient approachable and charming. Listed in The...
Very helpful and friendly

"

All the staff at Barbers were all fantastic in their approach to our sale. We cannot thank them enough. They went beyond our expectations and we would not hesitate in contacting them again when...
All the staff at Barbers were all fantastic

"

Karen was my contact @ Barbers, Newport. So helpful, friendly & efficient. Nothing too much trouble. What as asset to a company! Listed in The Property Ombudsman Survey for Barbers...
Karen was my contact @ Barbers, Newport

"

Very satisfied with Barbers service over whole sale process. Listed in The Property Ombudsman Survey for Barbers Market Drayton Branch
Very satisfied with Barbers service

"

We would use this company again & would be happy to recommend them to friends. Listed in The Property Ombudsman Survey for Barbers Newport Branch
We would use this company again

"

I would say that Barbers, Market Drayton were very helpful, approachable and much mofe efficient than some estate agents I’ve dealt with in the past. Listed in The Property Ombudsman...
I would say that Barbers, Market Drayton were very helpful

"

Barbers were instrumental in assisting progress of our sale and purchase and preserving the chain for which we were grateful. Listed in The Property Ombudsman Survey for Barbers Newport...
Barbers were instrumental in assisting

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To you both, we so appreciate all the help and support you have given us. We’d never have lasted the course without you. Our very best wishes. Mr and Mrs R, Shrewsbury
To you both, we so appreciate all the help and support!

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To Gail, Janine and all of the staff at Barbers. Many thanks for all your efforts with the sale of Holly Cottage. Mr & Mrs S, Market Drayton
thanks for efforts holly cottage

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To Mark, Sarah and Trine, Thank you for all you’ve done with selling the house and securing our rental property. Mr and Mrs S , Whitchurch
sale and rental

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Thank you - I have to say Barbers has been one of the best estate agents I have dealt with.  Ms A, Whitchurch
Thank you - I have to say Barbers has been one of the best estate agents I have dealt with

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Thanks for everything, you all have made our dreams come true, we feel like we have won the lottery. Mr & Mrs R, Shrewsbury
dreams come true

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Dear Trine, A big thank you Trine for all your help last year throughout our “moves”. We’ve just unpacked now and feeling settled in our new home, which we are all very pleased...
Trine a big thank you

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To all of the staff at Barbers. Thank you for all your help & kindness in selling my mother’s house. We were very grateful to you all. Mr & Mrs P, Shrewsbury
Thank you for your kindness

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To Sophie, Julie and all the Lettings team, we are over the moon with the excellent service we have received in letting our property; it is such a weight off our mind. Our only regret is that we...
Lettings excellent service

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Jayne- May I thank you for your advice, efficiency and professionalism throughout the matter. I have dealt with many agents during my 40 year legal career, and the service Barbers provided was...
I thank you for your advice

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To all the team at Barbers. Many thanks for all your efforts over the past couple of years. Mr & Mrs J, Whitchurch
Many thanks for all your efforts

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Thank- you for everything you have done, you have been amazing. Mr and Mrs A, Market Drayton
Thank- you for everything you have done

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To all the staff at Barbers- Many thanks for your kind and professional help during the duration of this nail-biting and difficult sale. Many Thanks. Mr and Mrs O, Shrewsbury
To all the staff

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Just a short letter to thank you all so much for your help and support in the sale of our property. The professionalism and help has been first class at all times from all of our dealings with...
Just a short letter

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Thank you for everything you've done and for giving a little of yourself. Thank you. Market Drayton
Thank you for everything

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To everyone at Barbers, Thank you for all your help. Mr & Mrs B, Market Drayton
To everyone at Barbers, Thank you for all your help.
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