Bradbourne are independently owned property buying agents, specialising in acquiring residential property for private clients across London, Surrey, Sussex, Hampshire and other desirable locations. Buying Property Learn everything you want about Buying Property with the wikiHow Buying Property Category. His straight talking and great humour made what had been an exhausting experience (pre-Henry) into a great experience. After 37 years in the business I have bought and sold over 1000 properties. An indent is an order for goods under specified conditions of sale. And very importantly he made the whole process such fun. Daily Industry news from Graham Norwood, the original property hack. We had outgrown our large Victorian house and were very confused as what our next step should be. (PayWall), News, comment and opinions on the housing market. Designed using Unos Premium. Almost as important to your success in moving will be a good lawyer and perhaps a competent mortgage broker. Currently we have no energy left and still no house. News and views for the 'haves' in the housing market. You will need Henry to avoid complete and utter insanity that is all I can say. At one end of the spectrum lie the super introduced local property experts who can be an invaluable resource for a buyer who is set on off-market or pre-market properties as well as private deals. He helped us with everything from honing in on potential areas outside the M25 through to managing estate agents and closing the deal. I am a buying agent. He helped us a lot with understanding different areas, builds, and what makes a property or area more desirable than the other. He is clearly a well respected man in his field, and on top of all that, fun to be around. More than a half of respondents said they expected the value of their home to rise in 2014, with only 5.9% anticipating a decline. Henry never forgot the ‘must have’ list of things we’d given him……not least ‘room for table tennis’! As per the above paragraph their skill sets vary slightly but the business is very similar. Henry also has a great network of surveyors and solicitors – I had multiple coworkers comment on how quickly we went from offer stage to prepared to exchange. His knowledge of the housing market is second to none. The property industry can be a world of sharks: don’t buy a house without a property agent. He identified interesting properties to view, arranged a viewing schedule for me and then helped to negotiate and then close the deal as well as chasing up solicitor’s right up until completion. And he never complained about regular changes to requirements and budget, or gave the sense that he thought I’d taken enough of his time. The Buying Agents specialise in acquiring exceptional homes and property investments in the most desirable locations. This is 'the' weekly consumer supplement from The Times (£), The news & gossip from the top rungs of the housing ladder. He has an in depth knowledge of the market, and the agents operating within it. At the other end of the spectrum there are agencies that act more like relocation companies, well organized, operate in various languages, help their clients with all required paperwork, are well connected to various professionals and other companies in order to provide a full-blown service; these companies may be less capable of scouting off-market transactions or deal directly with private property owners. Property buying agents act on behalf of a buyer in the same way that an estate agent acts for a seller. Earlier this year, we were fortunate enough to be introduced to Henry and engaged him almost immediately and what a fantastic experience and happy to say a successful result. We arrived in London in 2019 from New Zealand in late middle-age for my husband to take up an academic post. A good buying agent can remove the logistics and fieldwork and manage the full negotiation and completion on your behalf. Will research the motivations of the sellers and look for pressure points like death, debt or divorce. The overall fee structure is made of a small registration fee which is refundable (provided that the buyer completes the purchase within a certain time defined in the contract) and is charged upfront, and a success fee which is a percentage of the purchase price of the property and is paid at the exchange of contracts or when a preliminary contract is signed. As sellers wake up to the impact of Google ‘indexing’ their property for ever more and more deals are being done ‘off-market’. but ended up with Henry for a couple reasons: – Style really resonated with us I recommend Henry’s buying service without reservation. Henry got us a great mortgage broker and and we got a mortgage offer that I did not even think was possible. I didn’t really know what a buying agent did but given our circumstances, and Britain’s, I had a hunch it could be helpful. For employees of a company filling the role, see. As far as the law is concerned, I am an estate agent – I just happen to act for buyers, not sellers and I buy properties between £500,000 and £50m. Real estate agents work for the seller. Independent buying agents like to stress their autonomy from selling agencies who, depending on the country, either act on behalf of sellers or as mediators between the two parties (See The Independent,[5]). Powered by WordPress. Still gamely trying to remain relevant in a digital world. I have relationships with the best local estate agents, having built up a highly regarded reputation over the last 15 years. With his help we found the most amazing house of our dreams although in the end however, we did not complete the purchase. He is extremely communicative, generous with his time and advice and has been a sage and steady point of reference. My aim is that you have the right advisor for you even if that means you are represented by someone else. However good buying agents do not make any profit from the registration fee; the main purpose of the fee is to increase the likelihood that the client is sincerely committed to the purchase; in case they were not they would lose the registration fee after a certain length of time. They’re there to offer their professional advice in what can often be an emotional situation, ensuring that lines of communication remain open and nothing gets confused if there are unanticipated delays. We acquire residential property in London and Houses, Farms and Estates in The Country for private clients. As far as the law is concerned, I am an estate agent – I just happen to act for buyers, not sellers and I buy properties between £500,000 and £50m.Some clients just want help looking for a new home, some want help to evaluate a property and to negotiate the best deal. Our property buying agent proved to be an impressive negotiator with difficult agents and solicitors, and pulled us through the inevitable wobbles in the house-buying process with his calm but clear advice . There are varying terms for a buying agent which include: property consultant, property acquisition consultant, relocation agent and property finder. I look for homes (and other assets) and seek to acquire them on behalf of my clients. Luckily, I took the plunge and reached out to Henry to ask for his advice. I cannot recommend Henry highly enough. These services can be particularly useful to international clients who tend to fly in to view properties. Comment on yield and the potential for capital growth. Highly recommended you can’t go wrong in choosing Henry. I would have never been able to find the right house without his kind guidance. He always gave constructive feedback on the properties we viewed. Detailed and comprehensive they write reports in plain English. Watership Property Limited is an independent property search and acquisition company. If I can’t help because I’m already working for someone with a similar brief (or conceivably just because you don’t like my style!) If this is what the buyer is looking for then the size of the company is less relevant as contacts are made over time and lie in the hands of a few experienced professionals who may operate within larger organizations as well as on their own. We provide a tailor made service acting exclusively for a restricted number of non-conflicting buyers. His expertise has proven itself to be invaluable and we’re confident we wouldn’t have ended up with the home we have without his help. I work in a very busy environment and therefore it was really important to me that I had someone who I could trust and who was on my side. [2] An indent is an order for goods under specified conditions of sale.[3]. What I like about Henry is his depth of knowledge and his realistic approach. We would 100% recommend using Henry as a buying agent. Here are some of the things a buyer's agent can do: Find the right property. Posted on January 14, 2015 by Property Search Agents If you’ve got it, don’t flaunt it in 2015. They may look for one specific property, or … As is often the case, it can be better to hire a professional who is more capable to listen and understand our needs even though his or her company does not entirely tick all the other boxes. Henry is always available to chat over the phone and has been available to help us even well after completion happened to deal with a few follow-up questions and for us to happily settle in. A fully independent property consultant providing a bespoke buying and selling service for residential properties in Central London, Surrey, Hampshire and West Sussex Now more than ever in this changing world, I'm helping clients to find their perfect London or Country property, whether it's up or downsizing, providing a solution to the work life balance or finding a long term rental investment. In the United States, agents who buy real estate in this way are also known as property search agents or buyers’ agents and are professionals exclusively acting on behalf of a property buyer who assists the client during the entire purchasing process from sourcing the properties that correspond to the clients' requirements to negotiating the best possible price and terms with the seller and helping the client during the legal process to complete the acquisition. Be it a £5.5m house in Notting Hill (which completed in March 2019 for less than the asking price and less than the seller paid in 2014!) Most buying agents have significant transactional experience; however, like estate agents, only few of these professionals have a surveying qualification so they may not be the best advisors when it comes to valuing the property and predicting future market trends. (Tip - for goodness sake don't read the comments!). He not only makes the process easier and actually enjoyable, but also helps cut through so much of the fluff and fantasy that surrounds the process. Buying agents often claim that they can get a higher discount on the sales price than a private buyer could manage because they better know the prices at which similar properties have been recently exchanged in the market and they make use of good negotiating skills. Your buying agent should get you to the front of the queue for the best properties. He knows the agents and he knows how to negotiate a great deal. Some agents charge a success fee based on the purchase price - this is a fixed percentage. During the search Henry was extremely helpful in getting us access to all the properties that met our criteria. Thank you so much for your help! For a brief period of time your buying agent will have a detailed and personal knowledge of your affairs so you must trust them and have confidence in what they are doing and they in you. I look for properties in London and in the country. (Not all selling agents are slippery but some certainly are!). Watch out for the terrible dad jokes though! Once we found the one, where we’ve been for 6 months now, Henry really came into his own in sheltering us from the often fraught negotiations and the ‘will this/won’t this happen’ drama that invariably comes with many property transactions. Alternatively other agents charge a fixed amount of money plus a percentage of the saving of the discount to the original asking price. Most real estate agents will accompany you to all the viewings. As this specific section within the property industry is still relatively new, in comparison to estate agents for example, the specific terms used are still debated in each country. We were starting to lose hope that we would ever find a property to fall in love with. We have been very pleased with his services – an end to end approach with an ‘always on call’ mentality (within reason). "Transaction costs are moderate to high in France", https://en.wikipedia.org/w/index.php?title=Buying_agent&oldid=959656550, Creative Commons Attribution-ShareAlike License, In markets where the average selling time of a luxury property is high, buying agents tend to split the fee with the selling agent and therefore the service has no additional cost to the buyer. We wouldn’t hesitate to recommend Henry to anyone considering a property purchase and indeed would strongly advise it – he is worth every pound of his fee! Advise on areas, compare and contrast different places. Required fields are marked *. Henry was extremely patient with me and over a few months, spent hours on the phone sharing his knowledge and expertise, whilst providing guidance and relevant information which enabled me to proceed, without pushing any specific agenda on me. Henry seem to have the answer to pretty much everything that occurred in the process from start to finish, which made our lives and the experience so much easier and quicker. He gently but quickly dispelled our myths about the London market. My girlfriend and I were searching the property market for months and were outbid several times on properties we liked during the post-lockdown boom in house-hunting. This solid foundation soon saw it grow organically from repeat business and referrals. Buying agents are still estate agents in the eyes of the law and as such each must sign up to a redress scheme. Click on the image to see a list of those I have worked with in the past, seen operating first hand and who I heartily recommend. I don’t know how anyone can buy a house without him. He drew on his long experience to highlight advantages and drawbacks of every property which we hadn’t picked up on. According to Rightmove sellers typically accepted around 5% (£11,000) less than their final asking price. Often they will also offer personal concierge services which can schedule all viewings, book hotels, transfers and other amenities for the client. He understood both the business of selling and buying and gave me unbiased advice on agents, their fees, solicitors – all of which was truly useful. Buying agents might have access to off-market properties through their network of contacts, although this depends on the market conditions and on how well connected the agent is locally. Nothing was ever a problem. I engaged with Henry on social media following his post about “accidental landlords” in Feb 2018. You get the real deal with Henry. Now, we will just sit tight for a year or so, in a rental, to recover, and when we have the energy back, hopefully we can deal with a seller that actually wants our business. From start to finish, Henry has been amazing. Because of the different nature of buying agencies, prospect buyers are often advised to contact more than one company to compare and contrast their benefits. We never felt the stress of buying a house, and it actually turned out to be quite an enjoyable process. We knew no one and we didn’t know London. I’d thoroughly recommend him for any advice on property especially regarding residential purchase, searches or investments – and to cap it all, he also has a sense of humour, Your email address will not be published. We talked to a few different agents (all of which were referenced on this website!) Very knowledgeable (as you would expect) but also engaging. Some of the most mature thoughts on the UK and global property market. He got a price we would have shied away from. We thought it might have been a mistake to have enlisted Henry when we found a property so quickly. In addition to this, he has advised on the best areas in London suitable to my needs – it worked really well as I was about to proceed with slightly different areas that did not satisfy all the parameters. We specialise in finding houses, estates, farms and building plots for private buyers in London, Wiltshire, Berkshire, Hampshire, Surrey, Oxfordshire and Gloucestershire. He plays the roles of advisor, scheduler, negotiator, counselor (and occasionally comic) seamlessly and with such ease. More of us are using buying agents, at huge cost. Start your day here. Award-winning, often breaking news with one of the sharpest property teams. He was always available to talk things through day or night in any time zone! No question of ours, no matter how inane, garbled or confused was met with anything apart from graciousness and a reply marked with unerring clarity and wisdom. Thank goodness we listened to him. But his advice, optimism and support was critical in helping us through what was quite a stressful process. Working with Henry meant that we have undoubtedly ended up with the perfect house for our family, and the process to getting here was far less painful than it could have been without his help! I was acutely aware of my lack of knowledge of the country property market in my target area and might not have had the confidence to pull the trigger on a purchase without Henry to provide advice and perspective on the market. Now after countless phone calls, emails and WhatsApp’s all around the clock for several months we’re sitting in our dream home and it literally wouldn’t have happened without Henry’s dedication, relentless hard work, invaluable expertise and experience and we couldn’t be more sure with our decision. – Henry spent a lot of time on the phone / over email helping us out before he even knew we were going to be paying customers. This “after-care” was an unexpected bonus that has proved at least as valuable as his buying agent services. Henry and I spoke following that and his sound advice and guidance gave us the confidence to market our property and successfully sell in less than a month. As a seller, you are legally obliged to give enough information regarding the property … He also negotiated the deal and set us up with a great straight-shooting solicitor. Some clients just want help looking for a new home, some want help to evaluate a property and to negotiate the best deal. then here are 50+ other buying agents in London & across the country that you might consider before you make up your mind. Our house is perfect for us. In addition agents are typically able to connect the client with all necessary technical trades people who are required at different stages of the buying process such as lawyers, surveyors and other professionals. If you need buildings insurance from exchange of contracts or ongoing insurance or would like to know more about Homebuyers Insurance then there is more detail here; I have worked with a lot of surveyors and recommend these who have all worked for previous clients if you are looking for a common sense, practical and sensibly priced survey. Henry really does all the things he lists with bullet points above, and I can’t imagine there are many buyers who wouldn’t benefit from at least a few of them. If the buying agent or one of his staff, has any personal or business interest in the property, the buyer or seller, must be told as soon as possible in writing. We would have been completely lost without Henry’s advice. We never had a sense that he had a service model box and we had to fit into it. Research the property. Once the independent property buying agent has found a property/properties which fit the criteria specified in the interview stage, the client will be shown around with the guidance of the agent. We were very happy with his services and I wouldn’t think twice about working with him again. I’m confident that I am at least as good as most firms but I am not naive enough to think that I can be everyones cup of tea. Overall we would highly recommend using him as an essential resource if purchasing a property in London. He was there to make sure things were in order and moving at a good pace once the offer was accepted. Britain was beginning the process of leaving the EU, facing an election and about to be engulfed in a world-wide pandemic and a lockdown. He is worth his weight in gold and more than made up for his fees. His introductions to lawyers, surveyors and mortgage brokers made life easier. LEARN MORE ABOUT EMMA SIDDONS. Not only did he find the right flat for us ,he smoothed the way on so many fronts. The most uncluttered, user-friendly property portal. It is very clear to us that without your help we should not have achieved our objective, since the property we purchased was not on the market and we had no access to it. We got a great deal with his help, and so we were very happy with his services! Spending a six figure sum is something most people do on average every seven years. Henry provided invaluable help to us during our search and through to completion. or a £2.25m home outside Newbury (bought just after the ‘Brexit’ referendum for 10% less) my clients like to pay as little as possible. I would thoroughly recommend Henry’s services. Henry then came round to meet us because it felt hard to engage someone I had never heard of or met. From small humble beginnings, helping friends buy their properties, the Buyers Agent was born in response this increasing demand. Exhausting, exasperating and grueling, that is the feeling of trying to purchase a house in London today; the shady real estate agents and the spoiled sellers. But he can also provide enthusiasm when you can’t supply much of your own; I needed that at the beginning, when my only requirement was to be in London, and didn’t know how to narrow my focus without missing things that would suit me. Once we had the house decided, he helped us negotiate a great deal, all the while explaining his process. Sourcing the best country houses, equestrian property, farms and small estates. However each company has a few areas where it is stronger and only in those locations may it be able to deliver a superior value, especially when it comes to sourcing special opportunities. The success fee is a percentage of the sale price. We would be happy to deal with Henry again. At the outset he was helpful in getting us to clarify and prioritize our wish list and budget. Just what Henry saved us during the critical negotiations at the end more than covered his charges. People often under-estimate just how important a good property conveyancer is to the house moving process. I think you’d be nuts not to use a buying agent – at the very least, it cuts the risk of serious error – and Henry is both very good at his job, and a pleasure to have on/at your side. This happens because the selling agent typically prefers splitting his commission with the buying agent rather than waiting longer to find another buyer and sell the same property. Once the desired property was identified, Henry handled the negotiation process extremely well. We go into bat for the buyer to save you thousands. I called some agents and they were polite and explained their terms of business. He has a great personality, and it has been a pleasure to work with Henry. As a novice in the property business, I did not want to dive in without doing my research. Not only did Henry lighten the work load and anxiety of buying a home, he made it a fun and rewarding experience and unlocked possibilities we simply would not have imagined in our own. They can help you get the best price and ensure that the contract is fair for you. We came to rely on his honest opinions and his extraordinary knowledge of the market: it is both wide and deep. Confusingly there are two but this is the one (along with it’s own ‘Buying Agency Code’ that I helped draft) that I have signed up to. He has a fantastic depth of expertise within property and is well connected and talks in a no nonsense way. Once we chose the neighborhood, he helped us narrow down and find houses which were both good value as well as being in our budget. Fees and charges. Indent agents or indenting agents (or firms) are alternative terms for buying agents. TPO agents who are members are required to follow the Code of Practice for Residential Buying Agents. Got a conscience? Definitely recommend! He is very open in providing his feedback, and it helps incredibly while you are reviewing available options. THE BUYING AGENTS. Research a street, village or town looking at crime, natural threats such as flooding and over-flights by planes. A full set of code of ethics is set out by The Property Ombudsman,[7] which any respected buying agent would be a member of. Over the past decade, on average my clients paid £143,000 (11%) less! Buying Guide Property Agent Selling Guide Tips & Advice In 2010, only 11% of HDB owners sold their flats without the help of a property agent. Henry was recommended to me and I recently used his Bespoke service to purchase investment property. Christopher Middleton reports. Your email address will not be published. And it was refreshing to deal with someone who had no conflict of interest. I act for 30 -40 clients a year, bid on a house every week and buy one or two a month. Not only did he find and secure a house that we simply wouldn’t have even known about without his involvement, but he was also a reassuringly constant and calm voice for both of us during the entire process. Would recommend without hesitation – many thanks Henry. Lesson for the seller: it takes two to tango. Buying Agents based in the Cotswolds. It’s worth it to have him on your side. The Property Buying Agent, that’s who. As Buying Agents, we only ever act for the buyer, giving you an unfair advantage and putting you ahead of the competition when it comes to securing the right property. One of the UK's original property buying agents. Once we engaged Henry he was with us every step of the way, even helping us pick neighbourhoods to target. Buying agents or purchasing agents are people or companies that offer to buy goods or property on behalf of another party. Home James Property I met Henry a short while ago when he successfully negotiated on behalf of his clients who were hoping to buy in SW London. There are many reasons why using a property buying agent might be right for you. Property Buying Agent specialists Cotswold Buying Agent cover The Cotswolds, Gloucestershire and Oxfordshire to help you find your ideal residential property finder and negotiate the best possible terms. There are agents for all kinds of products, from raw material commodities through to specialized custom equipment. These are some of the best that I recommend you consider. As time poor as I am, and with my main home remote from the area in which I was interested, without Henry’s involvement, this process could have taken years or, indeed, may never have happened. It gave us tremendous peace of mind to have someone with his expertise telling us whether properties were correctly valued and working with him was a delight. However, during the searches, issue upon issue was discovered with the house.