Why choose timeless home décor style over fleeting fads?

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Timeless home décor never gets old. Rather than invest in furniture or accessories that go out of style, it’s best to consider universal furniture pieces and styles that will never fade away. Contrary to popular belief, being in trend is challenging, not to mention expensive. Can you actually afford to change the furniture every 3 years? Or do you have a quarterly budget for new kitchen cabinets, tiles and flooring? We bet you don’t. In fact, when people design their homes they often choose a trend and stick with it for decades. It’s no wonder that your home looks old-fashioned, dull and unappealing! A timeless home décor style is highly recommended. Whenever you want to spice things up, all you need to do is make a small investment to paint the walls or add a new rug. No need to break the bank! Accent color Color accents in home décor change year after year. There’s always a new color popping up, and if you want to incorporate it into your home, you often need to replace curtains, rugs, throw pillows, walls, furniture, etc. Not everyone can afford to make such a considerable investment. That’s why you need a universal statement shade around the house. The best options are black and white, the two monochromatic shades that will never go out of style. What’s great about both black and white is that they’re easy to match. They blend with all other colors pretty well, and they don’t make a home look old-fashioned. As a matter of fact, black & white homes feature the most exclusivist appeal. The purity of the white on the walls and on the floor blend perfectly with black shades, pillows and linens. Quality is long-lasting, quantity is not Just because your home features nice shelves, it doesn’t […]

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Post-Brexit Property Questions Answered

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With many prospective buyers, investors and sellers still unsure of the right move to make post Brexit, Portico London estate agents have put some key questions to their resident property guru Mark Lawrinson, and financial experts, Capricorn Financial Consultancy. Is now a good or bad time to buy property in London? “If it’s an investment you’re after, then as long as you use the advice available to you, you can protect your assets and minimise any risk. Buy in areas that are undergoing gentrification or experiencing infrastructure investment , that offer healthy yields so mortgage repayments aren’t a problem. As London has proven in the past when it bounced back from the recession, it’s an extremely resilient city, so if you are buying with a medium to long-term view then your investment as a business or home is safe. If you’re buying a home, then holding off could be equally as detrimental as it could be positive. For example, a lot of buyers haven’t managed to get on the property ladder because they were determined to chase the lowest prices post the last financial crisis. Unfortunately while waiting for prices to drop, they did the opposite, and they ended up watching the market rise again to levels unaffordable to them. Money is as cheap as it can be to borrow, which makes getting on the ladder that bit easier and moving up it more affordable. Unfortunately nobody can predict the future, so if you’re in a position to buy today then don’t hesitate; remember you’re buying a home first and an investment second”, says Mark Lawrinson, Regional Director of Portico. What are the best mortgage deals currently available? “The referendum result caused people to pause and consider their position, but over the past month we have been meeting with clients who are now wanting to press ahead with their property […]

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Could UK property prices decrease if the government meets housebuilding targets?

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Whichever way you look at it, 2016 has been the year of property. It’s a sector that captures the attention of a wide audience. Let’s face it, everyone needs somewhere to live. From institutional investors to first-time buyers, from downsizers to students, the property industry is a common ground which people tend to have a strong opinion about. How many properties are needed? There is a distinct undersupply of properties in the UK. Data published by the Yorkshire Building Society shows that since 2004, housebuilding targets have been missed by 1,199,180. Despite the government’s promise to build 200,000 homes per year until 2020, only 1 in 10 people believe this target will be met under the current market conditions. The House of Lords Economic Affairs Committee believes that the government needs to build 300,000 houses per year to make an actual difference. This figure represents a 50% increase on top of the current target. Whether the government will be able to deliver 200,000 houses per year is yet to be seen and, with only 142,890 houses built in 2015, the scheme hasn’t got off to the best start. UK house prices It is very unlikely that UK house prices would decrease as a direct effect of the government’s housebuilding scheme. If the numbers are anything to go by, not enough property will be built to have a dramatic effect on the market. As it stands, the demand for affordable housing is far greater than the supply. Some people have warned that housebuilding could decrease in the wake of the UK leaving the EU. If housebuilding decreases, it could keep prices buoyant.  However, confidence within the housebuilding community remains strong and it is yet to be seen if construction costs will increase as a result. At the moment, house prices continue […]

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The benefits of living in London

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Famous for the London Eye the Shard and South Bank, the London Borough of Southwark offers a multitude of benefits to homeowners and investors. The London Borough of Southwark is a little slice of culture at the heart of the capital, and according to London Bridge estate agent Williams Lynch it’s an increasingly popular choice for London living. On arrival at Waterloo station the first thing you’ll see is the London Eye, which offers panoramic views of the capital. At first glance there doesn’t seem to be much more than a river bank and this giant big wheel, but once you start walking down the South Bank you enter into a rich, exciting part of London that’s steeped in history and full of culture and entertainment. One of the best times to visit is late Summer, when the trendy bars and numerous restaurants are lit with twinkling fairy lights and street entertainers perform well into the night. It’s similar to Covent Garden in some ways, but it has an edgy, colourful vibrancy which makes it very much its own place. There are hundreds of independent shops selling everything from hand crafted furniture to traditional Japanese kimonos and teapots, and the further you walk, the more treasures you’ll find. Browse the library at the British Film Institute, catch some Shakespeare at The Globe or experience an exhibition at the Tate Modern, an imposing ex power station which is home to some of the most famous and controversial works of art in the world. Keep walking and you’ll find Sir Francis Drake’s Golden Hinde and Borough Market; a hotbed of gourmet stalls that’s eternally popular with foodies. The Shard, Southwark Cathedral and Saint Paul’s are all within close proximity and there are plenty of amenities available, even in the early hours of the morning. […]

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Exploring the numbers behind the UK’s housing market

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Since Brexit, there has been much speculation how the UK’s housing market will cope with the outcome of the vote. With property prices, rents and housebuilding in the news almost on a daily basis, the experts at Experience Invest have put together handy infographic which explains the numbers behind the headlines. From construction to house prices sold, from the government’s homeownership schemes to the Bank of England’s decision to drop interest rates, the new UK housebuilding infographic takes a look at the fundamentals behind the sector. The importance of UK housebuilding It is no secret that there is a shortfall of housing it the UK however, only until recently has the extent of the problem been clear. New research from the Yorkshire Building Society has shown that housebuilding targets have been missed by 1,199,180 since 2004. Despite the government’s pledge to build 1 million houses – 200,000 per year for 5 years – by 2020, only 1 in 10 people believe that the target will be met. Some argue that the government would in fact need to build 300,000 new homes per year to keep up with the actual demand for housing. With the target was missed by 29% in 2015, the market is set to remain widely undersupplied. 2016 a game changing year for property After a record start to the year, house prices and the amount of property sold in the UK is now growing at a slower pace. The positive start to 2016 was, in part, spurred on by property investors looking to avoid the new 3% Stamp Duty surcharge on buy-to-let and second homes which was introduced in April. A drop in the value of sterling has enticed many overseas buyer to the market, with people snapping up properties at a fraction of the cost. The UK’s property safe haven […]

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5 lessons that will lead you to success!

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In this article, I’m going to share with you five of the many life lessons that have helped me achieve success and if you take them on board, you could do the same. I often get asked how I’ve achieved success throughout my career as a property expert and how other people can achieve success themselves. Well, I’m going to share my answer with you now but first, I need you to understand something… Tips, advice and knowledge I will happily share but you are the only one who can ensure your own success! You determine your level of success. Not me, not anyone else, only you! Now that we’re on the same page, here’s my five lessons that have helped me become a successful property investor and industry authority but they’re lessons that you can apply to whatever profession you choose to pursue. So let’s begin: 1 – Education is a must This might seem simple, but it isn’t! I know a lot of property investors who are ‘self-taught’ and although they are making money off property, it’s clear to see that they are needlessly losing money through simple mistakes. It would be easy for them to see this too, if only they had invested in external education. This is why I couldn’t wait to become a property mentor, so I could help aspiring investors avoid the same mistakes I made, and those I would have made had I not been mentored. Personally, I try to attend as many training seminars and networking events as possible, to ensure I’m learning from other successful investors and experts. I also try to attend (at the very least) one property training course a year, to make sure I’m up to date with the latest strategies and legislations. I recommend you do the […]

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Study Shows Home Buyers Decide Within Five Minutes

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New research has shown that many prospective home buyers normally decide whether to make an offer on a property within the first five minutes of viewing–just as agents have long suspected.  The latest research surveyed 1000 home buyers and found that about 43.1 percent made a decision to make an offer (or not) within the initial 5 minutes of viewing a property. The research conducted for Harron Homes, a real estate developer, also lists things that turn on (or off) a buyer at the 3 different stages – viewing online, looking at the property from the outside, and seeing the inside of the property. When it comes to online viewing, the major turn offs for potential buyers include: No pictures or low-quality pictures. No floor plan turned off 46.2 percent of respondents. 2 percent preferred to see pictures of all the rooms. When it comes to viewing the property in person from the outside, the research shows that: More than half of respondents said that limited parking was an issue 30 percent of prospective buyers said sharing a driveway or garden was an issue. More than 20 percent of prospective buyers said that exterior walls that are old-fashioned, such as pebble-dash, were also a deterrent. When it comes to the interior, prospective buyers mentioned the following turn offs: More than 50 percent of respondent said that seeing or smelling damp was the major turn off during this stage. Old-fashioned interior features, like Artex ceilings, were also a turn-off. Outdated fittings, noise, clutter and a lack of storage space are turn offs for many respondents. Any pet smells can also turn off prospective buyers. Some other complaints raised include untidy gardens, unprepared rooms, being followed too closely around the house during viewing, or a generally untidy home. The result of this […]

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Industry Top Tips for New Buy to Let Landlords

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The business of getting a buy-to-let mortgage can be a time consuming process and thorough research must be conducted. You also need to factor in all the safety checks that must be passed before you can legally start renting your property. With an ever increasing number of tenants chasing a somewhat stable number of investor-owned properties has led to increased rental costs in recent years. Once all the preparation is done there is no doubt that all the hard work you put in will pay off. Durability and Practicality Buy-to-let properties can take a beating, it’s a given, but this is one reason why it is so important to decorate/renovate with that in mind. When renovating or redecorating your new property, it is important to focus on making the place practical and durable. I believe that the key is durability, realistically you don’t want to have to spend money on renovating between every tenancy. Ideally you want the property to be long-lasting and endure the trials and tribulations of every day wear and tear from tenants . If you get this right, the very most you will have to do between tenancies is minor touch-ups. A common error novice landlords make is spending too much time trying to make a property aesthetically pleasing for as little as possible. As you gain experience you will soon discover this is false economy, which benefits nobody. Aim for a reasonable balance between design and durability even if it costs a little extra at first, you will save money in the long run. Schedule Your Renovation That old saying ‘time is money’ couldn’t be more true in the buy-to-let industry. The longer it takes you to complete a renovation, the bigger the financial impact. Leaving your property vacant and in an unliveable state won’t be generating any return. Make a plan, set realistic targets and stick […]

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Crossrail 2: Property Hotspots tipped for house price growth

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Crossrail 2 is coming to London! The £27 billion project is now well underway, which will link Surrey to Hertfordshire via London destinations, plus prompt the building of 200,000 new homes. Though the north-south line isn’t set to launch until 2030, if you want to reap the future rewards, now is a great time to buy or invest along the route . After all, as we learnt with Crossrail 1 , house prices along a new route are likely to increase significantly and quickly. So where exactly along the line should you buy? Here are Portico London estate agent’s property hotspot predictions… Clapham Junction Battersea – the home of Clapham Junction station – is already in the middle of huge regeneration, with two new stations planned to be built at Nine Elms (London’s biggest regeneration zone) and Battersea Power Station by 2020. The longer-term intention is to extend the Northern line even further to Clapham Junction, which will no doubt push up prices in the area even further. Battersea is already a popular area with renters, investors and homebuyers, but we expect demand to strengthen and property prices to increase as a result of Crossrail 2. The train line will cut journey times into Victoria and Waterloo to around 5 minutes, and spur further regeneration around the station. This regeneration will likely have a knock on effect on surrounding areas such as Wandsworth Town too, where people currently commute into Vauxhall or Waterloo to change onto the Tube into central London. Crossrail 2 will take them straight into central London, to key hubs like Tottenham Court Road. Wood Green Wood Green is likely to be one of the biggest winners of Crossrail 2, as it enjoys a fairly central Zone 3 status and it’s currently undergoing regeneration. We’re seeing an increasing number of homebuyers searching for more affordable property in areas in Zone […]

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Experience Invest reviews how Brexit will affect the UK’s property market

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It has been few weeks since Brexit result and property experts like Experience Invest have been keeping a close eye on what has been happening in the UK’s real estate market. Overall it seems like the property industry believes that leaving the EU will have a ‘short lived’ effect on the market. Speaking to the Nottingham Post, Richard Reed, head of property at John Pye Property said, “It’s no surprise that the decision for England to leave the EU will create uncertainty in the market but we are confident that this will be short-lived.” Reed went on to say that an encouraging amount of sellers have returned to the market in July and enquiries have increased from investors looking to expand their property portfolio. Strong market fundamentals It is thought that the UK’s property market will remain resilient in this time of economic uncertainty. Speaking to House to Home, Jerald Solis, business development and acquisitions director at Experience Invest, has outlined the key fundamentals behind the buoyancy of the UK’s property market. “There is still a huge housing shortage in the UK and people still need somewhere to live, interest rates are likely to remain low and the government’s promise to deliver more housing will not meet the required demand for the foreseeable future,” Solis commented. Overseas buyers propel the UK’s property market forward After the UK voted to leave the EU in June, the pound dropped at a 31-year low. The low value of sterling has attracted international investors to the UK property market as the favourable exchange rate means better value for money. As the UK is a well-known ‘safe haven’ for property investors, many people believe that the long-term security of the market will prevail. The future of UK real estate It is yet to be seen […]

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