For this month’s property column Brad and Susie from Meyers are considering the myth that mid-winter is a bad time to list your property:
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As we move towards the Festive Season, most people are focussed on what to buy their loved ones for Christmas rather than buying a new home. Majority of people assume that the housing market will go quiet during December. It’s what happens immediately after the Christmas lunch has been packed away however, that makes for a good house selling market.
December listing
History and the data crunchers, show that the month of December can be a great time to start to market your home (as long as you take photos without your decorations!). Rightmove, the biggest online housing portal, claims that there will be something in the region of 41m visits to their site between Boxing Day and the New Year; known as the ‘Boxing Day Boom’. Potential buyers are at home, the festivities are largely over and they take this quiet time in the family calendar to see what is out there on the market. This could therefore be one of the best times to be advertising your house for sale. In addition to that, the housing market continues to see record numbers of potential buyers for each house that comes to market and with the market continuing to be this competitive, having your house on the market, or better still, Under Offer, is a prerequisite for a happy ongoing house hunt. Some Agents won’t allow buyers even to view a house if they are not proceedable, and whilst getting your house on the market now might seem like an odd time to do it, actually it could be absolutely the right time to do so if you are considering a move in the first part of next year. You need to get ahead of the game and put yourself in a good position to be able to ‘offer’ on that dream house you fall in love with.
We are always here to help and answer any questions you might have so feel free to get in touch. And in the meantime, if we don’t meet you beforehand, we hope you have a wonderful Christmas everyone – and an even better new year.
Brad at Shaftesbury – 01747 352077 Susie at Blandford – 01258 690553
Top December tips
Don’t miss out on your dream home because you are not proceedable when you spot it
sellers will only take you seriously if you are ‘under offer’ and ready to go; you then make them ‘proceedable’ too
Don’t look at a new potential house, offer on it, then retrospectively rush to get your own house on the market and sold. Post-Covid, it is essential to plan ahead, prepare your house for sale, get on the market and secure your own buyer before you start looking
Take photos of your house without Christmas decorations
You have nothing to lose and everything to gain by getting your house on the market now; 41m visits to Rightmove could have your perfect buyer right there!
As we reflect on the year gone by, the importance of positive mental health has really been put on the agenda, reflects Dorset Chamber’s CEO Ian Girling.
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Mental Health is an issue we take seriously, and one which we need to consider in the workplace. The statistics around mental health are worrying:
1 in 4 adults will experience some form of mental illness in any given year
40% of new or longstanding work-related illnesses are caused by stress, depression and anxiety
we lose over 12 million working days per year to this
300,000 people with a long- term mental health problem lose their jobs each year. Studies also show that an investment of £1 on training in this area should provide a benefit to the value of £10 to a business.
What about the boss?
In business, management will often focus on the mental health and wellbeing of our teams. A question I am asking businesses is who’s taking care of the boss? Business owners and leaders are often isolated and carry huge responsibility. The stresses and strains of running a business are significant, and we should not overlook the welfare of the boss. It’s rare we ask how the boss is.
Got Your Six
To support the mental health and wellbeing of bosses across Dorset, we’ve developed a project called Got Your Six (GU6) (named after a term used by WW2 fighter pilots where they protected the ‘backs’ of fellow pilots in formation, at the vulnerable rear ‘six o’clock’ position). Essentially we are building a bank of GU6 Champions who are qualified mental health ‘first aiders’ and there for businesses owners and leaders to reach out to at any time. We’ve had a huge response and the project has been met with great support.
Sharing the load
Within GU6 and through our events, we are building a neutral, non-commercially driven, non- judgmental confidential hub where we can talk and discuss our challenges with other empathetic business leaders in order to gain clarity, respite, and control over issues that may be affecting us. Our first event, the first of its kind by any Chamber, was a huge success, with many business leaders coming together and sharing experiences and feelings we can all relate to and, importantly, strategies for managing these pressures.
It’s ok to not be ok
It was an inspiring, incredibly human and levelling event. We were all surprisingly open, and it was great to find that sometimes it’s ok not to feel ok. I’m so very proud of this initiative, and the fact that it has received huge support from the business community. If you’d like to find out more or reach out to us, please contact Xanthe on [email protected] And of course thanks to our sponsors and partners Lester Aldridge, Dorset Mind and Ouch Training. You can see more information at dorsetchamber.co.uk/gu6-dorset
Finally I’d like to wish you and your families and very happy and peaceful Christmas and a wonderful New Year. Here’s to a much better year to us all. Ian
Is filling out a form online a good alternative to the traditional way of drafting a Will? We asked Lucy Mignot, Senior Associate and specialist in probate and trust disputes for her views.
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The use of online Wills has surged in the last year, but online Wills rarely cover all situations, leaving individuals and estates vulnerable to future claims, says Lucy Mignot: “DIY Wills are a false economy; testators may save money initially, but their estate could be eaten up after death by litigation, or an unnecessary tax bill. With DIY Wills it is very easy to get the formalities wrong and end up with an invalid Will. This means the estate passes according to the previous Will, or the intestacy rules, potentially passing to different beneficiaries to those intended, or even to the state. Errors in a Will cannot be easily rectified – if at all.
Another issue with DIY Wills is that, often, testators don’t consider what they want to happen if their intended beneficiaries predecease them. Again, this can lead to a result contrary to that intended. Ambiguity in a Will is a real problem in a DIY Will. Where a term is ambiguous, this may have to be resolved by an expensive court application.
Doing the work
As someone who handles disputed Wills, I cannot stress enough the benefit of a file of papers relating to the preparation of a Will. These can provide evidence needed to avoid claims based on lack of capacity, undue influence etc. They often also record the reasoning behind a testator’s decisions. That can be enough to prevent a dispute.
In many cases involving homemade Wills, testators have thought about what it is they want to achieve but sadly lacked the technical legal knowledge to put their wishes into place effectively. This can result in significant costs being paid from the estate and a lot of stress for the family, even where there is no dispute between the family members.”
For contentious matters relating to Wills, Lucy Mignot can be contacted on [email protected] or 01305 217303.
A local expert from Citizen’s Advice provides timely tips. This Month: How to avoid a nasty January bill fest.
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Christmas is a time of giving, but you don’t want to give yourself a headache in the New Year with bills and debts you can’t afford. It’s all too easy to overspend – but you must decide how much you can afford before you start spending. Planning, budgeting and organisation are key to avoid getting into debt. If your spending runs out of control at Christmas, debt can easily become a way of life. If you do get into difficulties, get advice as soon as you can from your local Citizens Advice Bureau (0800 144 8848) or from another free confidential debt advisory service such as Stepchange or National Debtline.
Here are our top tips for avoiding a Christmas debt hangover:
Plan early for Christmas. Be realistic and budget accordingly. Manage expectations as to what you or Santa can give and try to resist pressure to spend more than you can afford. You won’t enjoy the day if you are worrying about how much you owe.
Work out how much you are going to spend on each person and stick to it. Agree with family in advance limits on the amount to be spent on each other; some only buy gifts for the children, make gifts, or choose a ‘family day out’ instead of buying expensive presents.
Don’t forget the everyday bills; rent, mortgage, utilities, food and other existing debts still have to be paid – and the consequences can be severe if you slip behind. It’s Christmas, but get your priorities right.
If you do need more money, don’t just run up an overdraft without talking to your bank first – it will work out much more expensive. Try to avoid taking out a short-term pay day loan – the interest rates can be extortionate.
Keep things simple. If you can afford to pay for your goods outright by cash, cheque, or debit card, don’t be persuaded to take out credit agreements unless they really do work out cheaper
Shop around to find the best price. Buy what you want and not what other people say you need.
Be wary of extended warranties. The cost of a repair could be less than the cost of the warranty.
Buy safe to be safe. Whatever the deal, whatever the temptation, don’t buy from unauthorised traders and don’t borrow from unauthorised lenders. Take care with internet purchases, especially from online market places.
Read the small print. Check for hidden extras in any credit agreement. Work out the total amount payable. Ensure that the monthly instalments are within your budget before signing. Interest free credit can seem attractive, but if you don’t pay on time, or miss a payment, you could have to pay a lot more.
Do your own credit checks. If you are going to use a credit card, shop around and compare terms. Some cards charge high interest rates, but provide interest free periods or discounts. Budget for all these costs and put the payment dates in your diary
Be organised. There’s a loto remember at Christmas. If you’ve borrowed money don’t forget that it won’t be long before you have to make a payment. Make sure you pay on time, even if it is only the minimum, or you will be faced with additional charges.
Start planning and saving for next Christmas. Once Christmas is over, it’s worth looking at what you did well and what you didn’t. Learn from your mistakes and start planning how you will do things differently next year. This might also be a good time to start saving for next Christmas.
A home-based workout routine that is fun and allows guilt-free drinking and eating is explained by personal trainer Mel Mitchell.
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This time of year, it is far too tempting to curl up in front of a fire with a mince pie and a glass of wine rather than enjoy a good workout. With the festive season fast approaching I thought I would share ways to keep active during the Christmas period.
This time of year often sees a change in our normal routine particularly with fitness classes, as instructors and gyms generally take a break. I love my food – one of the reasons I exercise is so I can eat what I want. Christmas is of course no exception! This time of year is all about spending valuable time with those that you love, eating, drinking and being merry.
Christmas exercise – make it fun
It has become a tradition for me to go out for a run on Christmas morning, mostly so I can eat and drink guilt-free but also to clear the head and get some much needed fresh air. This doesn’t mean that you all have to go out for a run (unless of course you want to!). You could incorporate family time with going out for a walk or bike ride together. Bring the kids, dogs if you have any, and go explore. Exercise during the festive period doesn’t have to be a chore. Family games such as Twister or computer games such as ‘Just Dance’ incorporate movement but add the element of fun and family bonding. I personally love a circuit or high intensity workout but don’t have any weights or gym equipment at home? See the box below for a brilliant seasonal circuit instead! Always happy to answer your questions – send them to me on [email protected]
Your 12 days of Christmas homeworkout
Why not try this 12 days of Christmas bodyweight workout special. It is based on the song Twelve Days of Christmas; on the first day of Christmas my trainer gave to me… one burpee. On the second day of Christmas my trainer gave to meeeee… two lunges and a burpee… and so on.
All exercises can be modified to all abilities so why not give it ago at some point during the holidays. If you want any clarification on the exercises feel free to get in touch!