Category Archives: Blogging

Will Investing in a Newly Built Property Be Beneficial?

 

In London, everyone knows that new homes and properties are the lifeblood of the modern housing market. To keep all the pipeline of properties flowing, the government works hard and comes up with billion-pound schemes to stimulate demands and attempt to free the planning process.

Even though there is a clear influx of newly built houses and properties cropping up in the property market, due to immense demand to house the increasing population in Britain, buyers turn to estate agents in London as people planning to buy for the first time. Along with homebuyers, buy-to-let homeowners and investors find this idea of investing in newly built properties an attractive prospect.

The Rise in Number of Properties in London

In different parts of London, the number of new developers and new homes is rising continuously. In other areas, the rate has increased to about 20% more when compared to the results of last year. Now, more Home Counties and areas bristle with construction cranes. This is a good thing, because new builds are becoming a popular trend with landlords for several reasons, and they offer other investment based opportunities when compared to the older properties.

Whether you plan to dip your toes in the property investment pool, or wish to climb the ladder, here is an insight into the top benefits of investing in a newly built property in London. Go through these, and it should help you to weigh all your options and manage it properly.

New Tenants Prefer New Homes

In several cases, properties newly built offer nearness and the right kind of activities that young renters would have in their lifestyle. As such, these developments only attract them. These help with better access to gyms, bars, restaurants, as well as other essential facilities that are important factors for several renters and homes newly built offer the right “must-have” features.

In terms of how tenants perceive this, most feel that renting a new London property will help to upgrade their lifestyle because compared to several post-war properties and old-style Victorian homes, these come with proper layouts and designs.

Increased Rents

Considering this from a landlord’s perspective, newly built properties tend to rent for about 10-20% more compared to other types of properties. Although this premium may erode, when other larger developments emerge on stream, the supply will become higher than its demand. As such, it is important that you choose the location properly.

 

Low Maintenance

According to experienced estate agents in London, such as those at Yooodle, investing in a newly built home will take off the hassle of maintenance charges. With the minimal requirement of changes at the time of moving in, it will let people save. Routine retouching and little personalization will help to keep it in the best shape. As such, landlords will also be able to enjoy some relief of their investment, since it will require little repairs and sprucing. At the same time, first-time buyers will be able to ease themselves into their responsibilities of homeownership without worrying about the need for extensive redecorating.

Some homes also come with inbuilt appliances integrated like ovens, microwaves, induction, fridges, ovens, dishwashers, hobs, and more to make it a lot easier for tenants to be able to carry on with their life without the need to invest in heavy purchases.

Quality Guarantee

In London, whether it’s an apartment or a house, newly built ones come with the NHBC guarantee (National House Building Council). This serves as a “Buildmark” offering people who make the investment in new properties protection against any errors related to construction errors for at least 10 years post its construction. This also helps to protect those that buy-off plan against builders that lose their deposits.

The Option of Incentives

The government will also help with equity loans, which would apply to newly built properties, giving first-time buyers the right opportunity to purchase their home with about 5% of deposit. Success with this scheme lets more brokers be independent and offer 95% loan to value mortgages.

Choosing a Better View

In addition to having the option to customize finishes, early buying of newly built homes through the help of estate agents in London will enable buyers to choose the view they prefer to have for their home. It offers more choice to buyers rather than choosing and waiting for a limited choice. Furthermore, with the existing property, buyers will be able to get what they need in terms of style and location, but other aspects may not be right for them, such as the amount of light, and the warmth it offers.

Regardless of whether this is your first time in the property market, if you wish to invest in a newly built home in London, you need to know that this is a smart decision you are making. In addition, you have to explore your options too and search for the best possible options in your area.

 

Incredible Designs By An Incredible Architects In Guernsey

 

PFA Architects are an amazing team of interior designers, 3D modelers, technologists, technicians and sight construction administrators. They have worked hard to establish themselves as one of the leading practices in Guernsey, over the past 20 years they have managed to achieve a track record of planning success. They are well equipped to support all of their clients and provide the interface between design and construction. Their expertise range from traditional and contemporary design to the technical skills needed to support the administration of the construction. They pride themselves on their personable down to earth approach to client relationships and will help to fulfill your dreams and ideas. They have managed to establish themselves as one of the leading practices in Guernsey.

 

One of the many places that they worked with was the Les Goubeys Farm. With this property PFA Architects wanted to provide direct access into the heart of the home rather than having to pass through all of the rooms in the ground floor. To do this they added a stunning contemporary glass walkway. The building is still visible through the glass; a small cottage was also linked to the building. The spaces were them re-worked to provide a new master bedroom, guest accommodation and a boot room. The interiors were designed by the sister company PF+A Interiors.

 

Another one is Antiqua. With this property them removed the kitchen wall and added an extension; the extension increased the properties floor area by 50%. The property looks ordinary and roughly the same one e outside, but gorgeous on the inside. The work they have done has provided an open living space for the whole family to enjoy. The vaulted ceiling allows the light to shine through and brighten up the room, the large folding doors connect the new extension to the garden. This stunning refurbishment was accomplished on a relatively modest budget.

 

For PFA Architects to provide their services there is a procedure in which they follow. This starts with a client meeting, this is usually held on sight and you discus your ideas for the development with someone from their team so they can offer their advice. Then a measured survey is completed on the property. Then they create a proposed plan and once this is finalized it is sent to the planning department. Next detailed plans are made to show all of the necessary information. Then a building contractor will be selected and then an accurate price will be decided. Lastly they will work with your chosen builder to ensure that everything runs smoothly.

 

Buy, Sell or Rent Properties through the Online Market

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With 93% of properties now found through the internet, and research showing that over 85% of tenants effectively use the internet to hunt for properties, searching for a house through the online estate agents market seems like a good guess.
Open House Estate Agents are a real estate company based in Wigan but run virtually, and are part of a strong national chain. This is beneficial as the strength of the national exposure means they are able to advertise on popular websites such as Zoopla and RightMove, whilst still remaining local and being able to assist you personally whether you’re buying, selling, renting or letting property. Not only can they advertise on huge websites, they will also advertise on their own national chain website and through this be able to target probable customers.

Their customer service is extremely friendly and they deal with each case start to finish and make sure that every enquiry a client has is dealt with properly. Their phone line services which are available 24 hours a day, 7 days a week means anytime a customer needs help, they can provide them with it. Everyone has a vast knowledge of local and national property markets across the UK, and has an in-depth understanding of property acquisition, disposal and management, and can offer as much information as the client wants to know. They also understand their client’s needs and will help in any way they can, and will help you do what you want them to with your property fast and for the best prices.

Not only have they got exceptionally welcoming and helpful staff, they have some of the lowest commission rates and with reduced unnecessary overheads they can offer the same fully-personalised letting agency service for a fraction of the usual price. With commission rates at just 0.85%, half of what other estate agents locally charge, you’re really not going to get it any better.

How To Get Your Home Warm and Cozy This Winter

 

Your choice of heat emitter will determine in which way your house gets warmed up this winter.

The winter is coming, and with it, the dramatic temperature drops nearly best combi boilerseverywhere. If you live in hot climate then you have nothing to worry about, but for many people, having a heating system on their houses is just as crucial as the need for running water. The technology these days offer a wide range of options, from radiators, to underfloor heating systems and combi-boilers. Many people prefer using underfloor heating or a combi boiler for some good reasons.

 

There are 2 types of underfloor heating, the Electric ones and the Hydronic ones. Which one is best for you? Depends on your needs. Electric heating is used primarily on homes where the water is prone to freeze. Hydronic heating is ideal where electricity may fail one day. Some of the advantages of underfloor heating vs. a conventional radiator are:

It turns your floor into a big radiator, whereas the conventional radiator warms up a room at a time.

With the underfloor heating the heat rises steadily when needed, and lowered when required. Instead, the radiator rises the temperature always, and if you need to cool it down, you must turn it off.

It works quite well if combined with a heat pump, the radiator won’t.

Many people also use the best combination boilers on the market. Many homes in the UK use a combi boiler, which works as a water heater and a central heating boiler. The advantages of a combined boiler (combi boiler) are that it includes hot water being delivered to each one of your water taps, for a warm shower, without the need of a pump. Other advantage of the Combi boiler is that it can save you good money, since there is less pipe work to do. It can also save you time, since the installation is quite simple.

Both options are great, but you have to determine which one works best for you. It depends on your needs, depends on how many people live in your house, and you have to also take into account the amount of money you are willing to spend. Installing an underfloor heating system is a little bit more expensive because it needs more pipe work than a combi-boiler, but an underfloor heating system may be useless if you live in an apartment building. Take these considerations into account and you’ll be warm and cozy for the rest of the winter.

27th Feb 2017: We wanted to update this post since we had some readers contact us about underfloor heating suppliers. There are many out there, but we prefer the recognised ecommerce stores like amazon and ebay. They have a huge range of the products, such as these underfloor heating kit packages from amazon. Next day delivery is often available and you know are dealing with trustworthy company with these stores.

Comparing Scotland With London Property Market

In my last post I talked about how bad things have been in the Scottish property market since the recession hit. In this post I want to discuss the opposite end of the scale where properties sell within a day, and owners can expect to make 10%+ growth per annum. The strange thing is, this isn’t happening in a foreign country, it is happening right here in the UK.

The London Property Market

Everyone who is seeking to buy a house in London can agree with me that right now it is not the right time for one to enter the London market. Buying a home has become quite a challenge as compared with previous years. There has been doom and gloom around as house prices rise (how contrasting is this to my last post where the issue was falling house prices!), slow wage growth as well as higher bills that are making it quite difficult for one getting on the property ladder very intricate.

Some scary prices are emerging one having to make an average deposit of around £50, 000 if he or she is a first time buyer. In some areas, the prices are racing way too far ahead of wages. Affordability has worsened and still is throughout. However, in order to overcome these challenges, the Government has decided to bring home ownership scheme closer into reach.

The calculated index using official data on incomes, house prices, interest rates and taking into account the changes in the cost of living , shows how homebuyers in some regions are quite very lucky to have homes far easier that other homebuyers. Also peering beyond the fog of despair, for those who know how to look, there are options that are relatively fair that are being offered by home builders and agents. Though, it is also quite a challenge to find such agents if you do not know where to look.

082 (1)The reason why it is becoming so difficult for one to get a home at affordable prices in London is because of the following reasons; First, London is an international city and it is not strange that there are thousands of property markets across the UK thus you are left with hundreds of different markets and you get confused and worried where to invest or get a home from as well as you will have your doubts with this markets.

This is the reason why the best way for one to buy a home is through the government backed shared ownership. The shared ownership programs or schemes are provided through the housing associations. One usually buys a share of his or her home i.e. between 25%-75% of the home value and you pay rent on the remaining share.

You can be capable of buying either an existing or a newly built home with the shared ownership scheme, such as the development at Greenwich Millennium Village, through the resale programs from the housing association. One is also required to fund this through one’s savings or take out a mortgage to pay for the share of the home`s purchase price.

Do not allow your home dreams to fade away. Get this deal and make your home dreams come true as well as you don’t experience a lot of challenges especially if you decide to buy a home on your own. Also you can decide to consider the available home building agents deals in London but if you really want a relieved time as well as manage to do other critical issues in your life then it is advisable you opt for the government backed shared ownership.