Finefair Ltd is a team that offers excellent services for properties no matter their age. Our team can manage them effectively, giving our clients great peace of mind. In addition, we are one of the top council leasing companies Enfield has. Arranging a lease with the local authority is easier and more rewarding with our help.

Do you want to buy a new or old property?

When you want to invest in the property market you need to decide what type of asset to choose. Here you need to consider everything from the style to the layout and amenities. Then, you should thing about the age. Some people prefer buying new builds whereas others target older properties. It generally comes down to taste but there are some other factors to keep in mind.

New builds

The big advantage with new builds is the properties are generally ready to move into as soon as they are built. This means there should be no need to do any work like redecorating before a tenant can move in. So, you won’t need to invest more in the asset and can start getting rent very quickly.

It can also be easier to buy a new build in many cases. Here you avoid getting in a long chain. You can even reserve properties before they are even built on some plots. As soon as you reserve a home it will be taken off the market so there is no competition either.

Another advantage is newer homes can be more sustainable. They are built to much higher standards to ensure they are energy efficient.

Older properties

As one of the very best council leasing properties Enfield has, we have the pleasure to work with clients who have all kinds of assets. This can include properties from many different periods. London is great in this respect because it has everything from charming Victorian and Georgian properties to 30s, 50s, and newer properties. There are even many stunning arts and crafts homes.

People usually buy older homes because they love the character and personality. They can have lots of unique features that you can’t find with newer properties. Some people also prefer how sturdy they feel, especially properties with solid walls.

Period homes also tend to be more spacious. This is something many people want, especially when it comes to attracting certain types of tenant.

In a lot of cases period homes also offer a greater choice of locations. This is especially true in big cities like London because there isn’t a great deal of space for new developments. They are likely to be on Brownfield and infill sites. Existing properties on the other hand can be close to all kinds of amenities.

Buying a new build in London

If you are won over by new builds, then you need to find the right opportunities for you. Again our position as one of the most recognisable council leasing companies Enfield has can help. We keep an eye on the market for new projects in the area and across London.

What you may want to look at is where it is cheapest in London to buy a new build property. These locations could offer some of the best opportunities to invest.

According to the latest data, Bexley has the lowest average price for new builds in the capital at £347,018. The top five also features Croydon (£367,549), Hounslow (£386,096), Enfield (£387,067), and Barking and Dagenham (£397,027).

At the other end of the table, the most expensive location to buy a new build is Kensington and Chelsea. The average price you would need to pay here is a huge £1.167million. Westminster also exceeds the £1million mark.

Working with council leasing companies in Enfield

Finefair Ltd is a team that knows a great deal about leasing and letting. In fact we can help our clients to decide which option is the right one for them and their circumstances. On top of that, we offer helpful support with things like maintenance.

We do our best to ensure investors all over London can have the chance to work with local councils. Our goal is to give them the most secure income for their properties and a much smaller workload. At the same time, we help the council to get access to more homes.

So, if you want to speak to one of the most reliable council leasing companies Enfield has, contact us. We can give you advice, details of schemes, and more.