Teuta Vraniqi – Tips on Buying & Renting

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Teuta Vraniqi is from the capital of Kosovo, Prishtina, who came to London twenty years ago when she was seventeen years old. Throughout these years Teuta graduated in Finance, Money and Banking, and has worked at several companies. She currently works as a property consultant in Lettings at London Habitat, where we met for this interview to learn more about her work in the property field.

“You will need to be able to pass any reference checks that we undertake on the landlords behalf and you will need a deposit, typically six weeks rent plus the one month of rent in advance. In addition you will need to be willing to sign a legally binding tenancy agreement and provide proof of ID– Says Teuta Vraniqi, Property Consultant at London Habitat

What is the biggest challenge you face with clients while trying to help them to find the house of their dreams?

The experience with migrant women / families is variable. You can come across all sorts, starting from those who are still relying on government help to buy and those who have high profile jobs, in search of luxurious properties. Let me not rule out those in the middle, who have decent jobs but a limited budget, to live in the well known areas of London. There is a boom in the property market which is an ongoing process. Whatever the situation, I always try to be helpful in the best way that I can.

What are the criteria to rent or buy a house?

You will need to be able to pass any reference checks that we undertake on the landlords behalf and you will need a deposit, typically six weeks rent plus the one month of rent in advance. In addition you will need to be willing to sign a legally binding tenancy agreement and provide proof of ID.

 

Teuta Vraniqi works as a property consultant in Lettings at London Habitat
Teuta Vraniqi works as a property consultant in Lettings at London Habitat

 

Which is the most expensive area for houses in London?

Areas such as Knightsbridge and Mayfair are amongst the most expensive areas to live in London.

What do people prefer in general and in what area?

Their budget will determine the area that they choose to live in. There are some areas which are quite close in distance but vary vastly in terms of image and property prices, for example: West Hampstead and Kilburn. West Hampstead is a popular area to live in. It offers security, good transport links and easy access to shops and cafes.

Furthermore, people have opposing preferences, some like quiet, residential areas and others like urban, lively areas. Some need to be close to the Tube whereas for others being further from the station won’t be a major issue. Some like period conversion properties and others like flats in a block. It is very important that we gather the correct information and empathise with the tenants to try and understand their needs in order find the perfect property for them.

What types of properties let or sell more easily?

Studio flats are generally let quite easily. In most cases there will be single people enquiring for those types of properties. The decision is entirely theirs and not shared with another person, which makes it much easier.

What tips can you give for people that are looking for a house to rent or buy?

a) Determine the budget

b) Imagine living in that property and commute from there

c) Prioritise your needs, and be aware of the most important things to you which you could not live without

d) Be prepared to compromise within reason

I believe that when renting or buying it is vital that you deal with someone who is qualified and knowledgeable about the process. You can then rest assured that your important financial decisions are in the hands of experts and are being dealt with care and attention.

 

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