All posts by Ross Jezzards

First Time Buyer Mortgages Increase 38% Compared to January 2013

Throughout 2014 we have noticed an unprecedented demand for properties from first time buyers in the area and this was confirmed by the data released by the Council of Mortgage Lenders on Thursday, which confirmed an increase of 38% year-on-year compared with January 2013.

The total number of loans for January 2014 reached 21,800 reaching a total value of £3.1bn, resulting in a year-on-year increase of 55% in comparison to January 2013.

The typical first-time buyer income multiple decreased, with first-time buyers typically borrowing 3.39 times their gross income in January, compared to 3.43 in December 2013. First-time buyers in January spent 19.3% of gross income to cover capital and interest payments, slightly higher than the 19.2% in December 2013 but down from 19.8% in January 2013. In addition, over 95% of first-time buyers opted for fixed rate mortgages in January.

It appears that the introduction of the Help to Buy mortgage guarantee scheme has started to have an impact on FTB deposit requirements. The average loan-to-value for first-time buyers was 82% in January, up from 80% seen in December 2013 and a year previous in January 2013.

Due to this increased demand, there is a shortage of good quality properties on the market to meet the unprecedented buyer demand. If you are considering a move now or in the near future, contact our team of property professionals for a free, no obligation, property valuation on hours a day, 7 days a week.

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Open House Events – How they can benefit both buyer and sellers

Since the launch of the Governments second phase of the Help to Buy Scheme, Jezzards have seen a record number of buyers registering for properties across South West London.
To meet the renewed demand from buyers across the region we have renewed the Open House event to ensure that buyers and sellers get the best opportunity. Unlike most Estate Agents, Jezzards have a slightly different concept to ensure that both buyers and sellers get the most out of the event.

High Quality Marketing
We understand that finding the right buyer for your property depends on the right people seeing it. That is why, for us, marketing is not a side issue – it’s at the heart of what we do. We market every property strategically, using professional photographs and floorplans in our advertising, both on and off line, via our own innovative website, a wide range of the major property portals as well as a selection of local press.
If a property is marketed at its very best, it will stand out to potential buyers, rather than being overlooked due to poor quality photographs doing the property an injustice.

Deciding The Best Time and Date For an Open House
Once the draft details have been approved by our clients, we will then agree a suitable date and time window for the Open House event. It is vital that local events are taken in to account that could clash with that date and of course other factors such as bank holidays and even school holidays need to be considered. At Jezzards we come up with a strategic plan to ensure that we can get the most out of the day.

The Open House Event
At Jezzards we recommend opening the property up for a two hour time slot window on a Saturday morning or early afternoon. This will ensure that as many people as possible will attend as they will be less likely to have work commitments. Typically, we open up the property for around two hours and invite buyers to come without the need for an appointment during this time. Depending on the size of the property, there will be at least two members of staff but more commonly more.

Benefits of an Open House Event
An Open House is one of the best ways of being fair to both buyers and sellers. By launching the property on to the market in this way, buyers all have exactly the same opportunity to see the property. Should a particular buyer want to come back when there are less people in the property, this can usually be accommodated, allowing the buyer more opportunity to inspect the property at their leisure.
There are also benefits for the seller. By allowing one specific day for viewings causes minimum disruption to the property and of course living at the property. It is also a good way to ensure that your agents has priced the property correctly.

Ross Jezzard, Managing Director of Jezzards, said: “The resurgence of property prices and buyer demand in many areas has reignited the opportunity of an Open House event. Throughout 2014, we have had good footfall from potential buyers and on every occasion this year so far, we have received multiple offers on the property resulting in sealed bids and final prices achieved being over asking price”.
“Due to the overwhelming demand for properties in the area, we are currently offering selling fees starting from 0.5% plus VAT for sole agency. If you would like to book a free no obligation valuation from our team of National Association of Estate Agents (NAEA) Licenced team, please contact us 24 hours a day on or visit jezzards.co.uk/valuation
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Finally, a more convenient, reliable and secure way to sign documents online

Jezzards Estate Agents are very pleased to offer one of the fastest, most secure ways to sign, send, and store documents. Using e-Signature with Jezzards, you can sign documents anytime, anywhere on any Internet-enabled device.

It costs nothing to sign a document, no account is required and your electronic signature holds the same weight as a pen on paper. Electronic signatures are valid and legally binding around the world. Once completed you have 24/7 anytime access to documents online and can download and print as and when needed.

How it Works

Signing your documents online couldn’t be easier with Jezzards. With no need to print, fax or mail, you can easily sign with any internet-enabled device. Now you can sign documents in these three simple steps.

1. Click the link in the notification email

You’ll be taken directly from the alert email we will send you to begin the signing process

2. You’ll be guided through the signing process

Easy-to-follow instructions and Sign Here tabs guide you smoothly through the signing process

3. Confirm Signing

When you’re finished, click Confirm Signing and we will send emails to everyone verifying that the document has been signed.

You’re done!

Ross Jezzard, Director for Jezzards, said: “We are very pleased to be able to continue to offer our customers a more convenient way to do business with us. Signing documents online with Jezzards has never been simpler. No matter where our clients are located in the world, there is no longer the need for printing, scanning, faxing or posting. As long as you have an internet enabled device, you can sign your documents on the go”.

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Jezzards Estate Agents leads the way with the launch of our 24 contact team

Jezzards Estate Agents, has demonstrated its continued commitment to improving the service offered to its customers by becoming one of the first Estate Agents in the UK to offer a 24-hour, 7 day a week point of contact for its customers.

From  (10 April 2014) the new customer contact team, based in London, will be on hand 24-hours a day, 7 days a week, to book property valuations, arrange property viewings, answer emergency property management calls and deal with any urgent customer queries. The team will also be available to respond to customer queries coming via social media 24-hours a day.

Ross Jezzard, Director for Jezzards, said: “We are very pleased to have become one of the first Estate Agents in the country to be providing a local point of contact for our customers for 24-hours a day, 7 days a week. This is a clear demonstration of our commitment to providing the best possible service to our customers. We know that many of our customers work around the clock and want to be able to speak to somebody when it’s convenient for them. For the first time ever, our new team will be able to provide a point of contact for these customers regardless of the time of day or night, and being London based, our team will have all the latest information on our services and properties at their finger tips.”

Jezzards Estate Agents Customer Service Centre Team, also based in London, will continue to be the main point of contact for any general customer enquiries between 09:00 and 18:30 Monday to Friday and 10:00 and 16:00 Saturday. Outside of these hours, the new customer contact team will now be available to deal with any customer queries.

Customers can now contact Jezzards Estate Agents 24-hours a day by tweeting via @Jezzards, emailing – or calling-

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