Private rentals are extremely popular in the UK due to an increasing preference among the population to stay relatively flexible and mobile. Another factor is the difficulty of saving for a deposit and securing a mortgage, and these aren’t always considered the essential next steps for young renters any more. If you, like many others, are planning to move into a rented property and you’d like things to work out for you in the long run, it’s probably a good idea to consider all of the following tips. Get your finances in order Obviously, an essential step before going ahead with a rental is getting financially prepared. You need a realistic understanding of how you’re going to stick to a budget each month, factoring in rent, utilities, council tax, insurance and so on. You will als
When you come to sell a home, of course a lot is riding on the quality of the photos you include with the listing. This is true whether the property will be listed exclusively online, in a brochure or even in the window of your estate agent’s offices. Surprisingly, many people still fail to understand the basics of taking great pictures of a property you’re intending to sell. Here are a few tips to bear in mind when you get to the stage of taking photos of your property. 1) Remember this could make or break a deal The number one rule here has to be to not forget how important these pictures are. So many sellers treat them as an afterthought, perhaps because they known their own property well and fail to put themselves in the shoes of a potential buyer. Viewers do not know what your ho
Unfortunately for buyers, the power in the current UK property market still remains with sellers. Due to high demand, they have free reign to pull out of your agreement at the last minute if something better comes along, which can be very frustrating and often seems unfair. Here we outline a few areas that you might be feeling anxious about, and provide some advice on getting the best possible outcome. Firstly, gazumping is a major issue in the UK and has been for some time, although the situation has improved a little on the whole. It basically refers to being outbid on a property by a rival buyer, even though you have already agreed and confirmed a deal with the seller. In England and Wales, this breach of an agreement does not actually constitute a violation of the law, although in S...
If you’re a student and planning to move away from home as part of your studies, or you already live in a different city with accommodation provided by your university, it’s time to start think about your accommodation next year. Are you going to have to move out of where you are now and find yourself a private landlord? If so, there is some advice you should bear in mind when renting properly for the first time. Specialist letting agents for students do exist, so wherever you’re studying it’s best to try and identify a local expert as soon as you can, and go to them for some guidance and a place to start looking. They usually service a particular region, and often assist students from several universities. On the subject of student lettings, one agent explains the challenges students t
When you’re developing a property there are lots of design considerations to be made throughout the process. Using different materials is always hugely important in interior design, as there are often lots of different functions to one particular element in a room. For example, objects you choose to include in your room have to look attractive as well as being appropriate for what they’re going to be used for. This is especially true in kitchens, and that’s why using stainless steel kitchen worktops, splash backs and more features may be a perfect choice. Stainless steel is obviously a variation on steel, a fantastically versatile metal made from iron with carbon and other elements added in through chemical processes to produce different characteristics. Mild steel is a standard type th
As a landlord, there are plenty of potential headaches that are easily avoidable regardless of who your tenants are. If you are a landlord it is your responsibility to ensure your property is always kept up to a high enough standard for people to live in comfortably and according to what you have agreed. Emergency repairs may be necessary from time to time, although it can be tricky to judge what counts as an emergency if you’re inexperienced. Here are some examples of times when it would be the responsibility of the landlord to implement a fix as soon as possible. 1) Emergency plumbing and heating "As we all know, the weather can take a toll on a property and its occupants. When it’s freezing cold and your property’s boiler needs servicing, this can be classed as an emergency for yo
Investors have two choices when looking for buy to let loans online. The first option is to research individual companies to find out their terms and requirements. This method could prove time consuming, but online browsing beats phone calls or personal visits to banks and lenders. The most effective way to find letting deals involves using a comparison site to evaluate several lenders. Buying to let has grown in popularity, and experts estimate that over a million U.K. citizens hold these types of mortgages. Banks used to require 25 percent down payments, and rental prices needed to cover 125 percent of annual loan payments. The banks now offer competitive deals, basing down payments on personal credit. Some lenders even accept rental payments that only total 100 percent of annual loa...
It’s not something we normally want to do, but sometimes using storage facilities to temporarily keep your items out of the way and secure is needed when moving house. If you are moving to a smaller property you may not be able to fit all of your items into it straight away, and perhaps once you’re less busy you will be able to sell or re-home these possessions. You might simply have a gap between leaving one property and moving into the next. In any case, you may need to consider a few important points in order to handle your possessions correctly and make sure they are safe when you put them in storage. We spoke to Cambridge Removals and Storage for advice, who have specialised in professional moving services and provide storage in Newmarket, Bury St Edmonds, Huntingdon an
Nowadays, many people prefer to choose house extension over moving to a bigger home. A recent survey shows that fewer homes are making sales due to this. Let’s take a look at the following reason why an extension is more favourable at this time round. 1. Cost The cost of extending a house is far less cheap than moving. For instance, when moving houses, there are many extra costs including agency fees, solicitor fee, removal costs and of courses higher mortgage payment. All those additional costs can be used for an extension instead. By doing this, it reduces cost and less hassle. 2. Adding Value When an extension is done correctly, it eventually adds value to the property in the longer run. So it is a great investment for those who are looking to sell their property in the future. In
Making a good profit from buying property, doing it up and selling it on is a career path that has crossed many people’s minds at some stage, whether it’s from personal experience or simply seeing people on television making it look easy. Either way, it’s something many people get into and make a lot of money from, and you don’t necessarily have to have a lot of experience from the beginning to make it work, but there are certain points to check off your list before you begin. Firstly, consider whether this is really for you. You might not know how your project is going to turn out, but you can be pretty certain it’s going to require a lot of detailed planning, extensive attention to detail, and a huge amount of hard work from start to finish. Property development is stressful because y
If you think it’s complicated trying to renovate or even simply maintain a property on land, just imagine the concept of building your entire house on a floating platform, or even underwater! This is a trend that’s becoming more and more popular thanks to the amazing research and development carried out by architects around the world. The reason for the trend is a growing awareness that the world is running out of space. In the UK we are a typical example, since we’re not short on resources compared to much of the world’s population, and we certainly aren’t running low on rainfall, but we are low on land. There isn’t much empty space left that we can afford to keep building on, which is already a controversial topic. We also have ongoing issues with homes being flooded, with heavy rains