Things you need to do before you moving out

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Moving out is a stressful activity, which requires a lot of preparation and effort. Here there are some useful tips not to forget when relocating to a new place, whether it is a small removal or a large house removal. Have a moving checklist in front of you featuring the next few essential things to do from four to two weeks before moving home. 1. Start packing and sorting your clothes and items in the kitchens and bedrooms, which you do not use on a regular basis. Put aside spare towels and bed linen, spare pillows for guests and etc. So that you pack all these things away now, and later, three or two days before moving you will only need to pack away a few things you have been using to survive for the past days. Clean things out of your garage and pack items which you are planning to remove to a new home. 2. Remember to let companies such as broadband you are using, telephone line, utility services know that you are changing your address. Tell them your new address together with the date of you moving out. This is essential, so that the electricity, gas and water bills are not coming to your card for your name after you have moved out of the property. 3. When you are moving house, you might be ordering man in a van for a moving services to another town. In this case you might lose your right to vote. Make sure you notify the authorities about your move, so that in the future you are able to attend elections. 4. Make sure you have checked how late you are able to notify the landline and broadband suppliers before your move. Some of them prefer to be notified a month [...]

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What 80 Million Means in the UK vs. the US

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A Tale of Two Mansions: What 80 Million Means in the UK vs. the US Last month, Mexican billionaire Carlos Slim put his impressive townhouse at 1009 Fifth Avenue in Manhattan on the market. His asking price? $80 million. If he makes the sale, the property, also known as the Duke-Semans Mansion, would be the most expensive townhouse in New York City. In an equally expensive city across the pond is another impressive mansion. The most expensive terraced house in the UK is currently One Cornwall Terrace: the mansion sold for a record breaking £80 million when it was purchased by property developer Marcus Cooper in March 2013. So what can 80 million buy you in each country? Here’s a comparison of the two homes. History It should come as no surprise that these mansions come steeped in history. The Duke-Semans Mansion was purchased in 1901 shortly after completion by Benjamin N. Duke, former chairman of the American Tobacco Company. That’s where it gets its second alter ego: ‘the Benjamin N. Duke House.’ It remained in the Duke family until 2006, when it was sold for $40 million by real estate mogul Tamir Sapir. It changed owners again in 2010, when the current owner Carlos Slim paid $44 million. Over the years, it has gained significant value: it became an official New York City Landmark in 1974, underwent restoration in 1985 and was added to the National Register of Historic Places in 1989. One Cornwall Terrace has an equally – if not more intriguing – history. From 1955 to the mid ‘70s, this site was home to the New Zealand High Commissioner. In 1975, squatters transformed it into a temple for religious groups the Rainbow People and the Divine Light Mission. After they were evicted, the building changed hands several [...]

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Common Central Heating Problems and How to Fix Them

common central heating problems

How Can I Protect Home against Central Heating Issues? Central heating problems often first come to light during September and October, when systems are switched on for the first time after the warmer months of the year have passed. Homeowners can get earlier warning of any issues arising by turning on the heating for an hour or so at various intervals throughout the warmer seasons to check that the system is working efficiently. How Do I Bleed the System? If you are turning the system on after a long break from using it and you know your system not to be in the greatest of health, then it’s advisable to bleed the radiators to clear out any air that could be preventing hot water from reaching them. Before you start, make sure your central heating is off, then locate the bleed valve on each radiator and work your way around the system, protecting the area surrounding them by having an old cloth on hand and using trays to collect excess water. Remember to retighten the valve before you turn the heating on to test whether or not it has worked successfully. It’s worth noting that even if the system heats up properly after bleeding, this kind of behaviour is a sign of an underlying problem that should be addressed as soon as possible by a heating engineer. How Do I know if there is A Lack of Pressure in the System? When a pressurised modern combination boiler system loses pressure, the boiler will not fire. If the system loses pressure, add water via the boiler filling loop until the pressure gauge is at the recommended level for the boiler. This can be found in the manual provided with the boiler or online via the manufacturer’s website. Why is there is [...]

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Creative Londoner Lured To Walthamstow

Chobham Manor

Despite owning a home with a friend and selling her share, Emma Cohen found herself overwhelmed by London’s fast pace and competitive property market. Emma came to the decision, like a number of Londoners, that Shared Ownership was the best option for her. House prices in Walthamstow have risen by 22.3% in just one year1, further adding to the London wide housing struggle for locals like Emma. At The Grangeway development, Emma was able to purchase a 35% share of the two bedroom apartment, at £126,000 and maintain her similar monthly outgoings of around £1,000, which include service charge and mortgage repayments. Emma comments on the reasoning behind her purchase; “I registered with L&Q as my friends had bought through them and were very happy with their service. They were also building quite a lot of developments in the areas that I wanted to live in. I soon realised that I was going to get a lot more ‘bang for my shared ownership buck’ than on the open market. It made it possible to live in the exact area that I wanted for a price that I could afford.” Quickly becoming an internationally recognised area for street art and crafts, Walthamstow also boasts a cosmopolitan community with a range of great restaurants and bars. These offerings were a large selling point for Emma; “This part of Walthamstow is full of artists and crafts people and I  recently found a Saturday class close by to help me build my very own bookcase from scratch! There is great mix of cultures too and you can get food from all over the world…I love the market which caters for everyone from everywhere”. Not forgetting the access to open spaces and influence of cultures; “The Lea Nature Reserve is close by, as is Epping [...]

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5 Decorating Tips Every New Homeowner Should Know

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Starting afresh at a new home is something that most adults remember fondly. Finally acquiring a place that is truly yours, a place where you can potter, mosey and decorate to your heart’s desire, free from the dictums of landlords, is a wonderfully liberating moment. Unfortunately though, with the deposit and mortgage payments looming, many first-timers may find that their coffers are rather empty, meaning putting one’s stamp on a home can be a rather difficult task. To help, we’ve assembled five tips that will help hugely – enjoy! Buy Online Although the idea of purchasing your home wares and furnishings from local retailers might seem easy, prices on the high street are often far higher than they would be if one was to buy those very same products from an online store. Whether you’re looking for a headboard or mattress, sites such as Bedstar feature all of the large, first-hand purchases you’ll likely require, at a drastically low price! Buy Second-Hand For the newfound homeowner, second hand furniture stores and charity shops are a godsend when it comes to finding cheap, quality furniture. You might be thinking that such furnishings would be of lower quality or style than new stock, but some true finds can be sought at second hand stores, finds that you’ll truly pat yourself on the back for finding. Paint Not Paper Forget costly wallpaper, paint is the way forward for first timers. Even quality paint pots can be picked up for low prices, and when you come to the point of re-decoration years or months down the line, you won’t have to spend an eternity prizing wallpaper off of the walls! Accent Walls If you want to give a room an extra splash of colour in order to boost the aesthetics of a space, think about painting one wall [...]

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What to look for in a Property Investment with our handy Due Diligence Checklist

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Before anybody puts money down on a new property investment there are a number of factors to take into account to ensure that the investment will be a profitable one. Without due diligence (or put simply, doing your research!) there is an increased risk involved with property investment and there’s a chance you’ll get your fingers burnt! Here is our property investment due diligence checklist that we encourage all clients of CXGInvest to carry out before entering into a property deal: Check Past Prices: Checking the value of properties that have been sold in the area over the past few months and years will help you to identify the market value trends. You can also check the average rental value for property in the area to give you a clearer view of what sort of returns to inspect on your investment. You can check recent sale prices and average rental values here. Check the potential for growth: This is another important area to check before investing in any property, if there is very little potential for growth in the market then the investment may not seem as appealing as previously. On the flip side though, if the market growth is on the rise then it may be an ideal time to invest. Amenities in the local area: Another important aspect to identify is the number of local amenities in relation to the property, including location and quality of schools in the area. If there are an abundance of local amenities then this could well make the property more desirable and thus in term boost potential rental income and/or resale value. Transport Infrastructure: It is important to investigate what the transport links are like for the area in which you are thinking of investing as these can have an impact on the [...]

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How To Decorate Your Holiday Home

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Choosing colour schemes, furniture styles and a decor theme is tricky when decorating any home, and a holiday home can present yet more issues. If you’re planning on renting out your property, you’ll want welcoming decor that makes guests feel at home during their stay – and also encourages them to return! Before decorating your holiday home, make sure you have considered everything from the style of the furniture to meeting your guest’s needs and expectations. When marketing your property for rental, if it’s described as a luxury holiday home this is precisely what your guests will expect. Yet while they will want to walk in and see high-quality furnishings, you as the owner can set a higher rate. Similarly if your home is ideal for families it’s important to ensure you have child-safe furniture and nothing dangerous or breakable within their grasp. Even colour schemes need to be considered with your prospective guests in mind. Still stuck for how to decorate the perfect holiday home? Our guide has everything you’ll need to help you pick the perfect palette, fixtures and interior: Pick durable furniture and furnishings This is particularly important if you’re renting out your holiday home as you’ll want furniture to be long-lasting and withstand plenty of use. Look for strong materials and fabrics which can be switched round and won’t fray or lose their shape. Consider storage requirements If you’re not living in your holiday home all year round it’s easy to overlook elements such as storage. However, no one wants to live out of their suitcase so remember to include wardrobe space, hangers and chests of drawers for guests to store their bits and pieces. If you’re planning on leaving any of your own belongings in the property when renting your home out to guests, ensure [...]

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Election Result May Provide A Real Positive for Commercial Property

commercial property london

When the general election returned a Conservative majority on Thursday (May 7th), we were told that it was a result that would be positive for the residential property market, injecting certainty where there was none before and boosting the sentiments of investors both at home and abroad. And now it appears that experts are predicting similar results for the commercial property market. The sector has enjoyed a strong start to 2015, building on a very positive 2014 to see a rise in investment in the first quarter of this year, but moving forward, it is expected to grow even more positively. The driver behind this growth is likely to be strong business sentiment. Over the last year, we have seen a return to growth in the UK economy, a reality which boosted business and saw many companies looking to increase their office spaces or move to better facilities. This was a positive for investors, who have been seeing their returns increase for some time, and it now seems that this reality will continue across the course of the rest of 2015. James Roberts, chief economist of real estate firm Knight Frank, said: “There is good reason to now suppose the UK economy, that appeared to slow in the run-up to the election, can now resume a strengthening recovery. This will be good news for both the commercial leasing and investment markets.” The surprise majority achieved by David Cameron will also have been far better for commercial property investors than anyone would have anticipated, Mr Roberts went on to add. Miles Gibson, head of UK research at CBRE, backed up this belief, by stating that moving forward, we should experience low inflation, strong growth and an ever growing level of employment growth, all of which can only help to boost the [...]

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London’s High House Prices

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London’s High House Prices – An Infographic by the team at LMB Loft Conversions London’s house prices have long been known to be the highest in the country, but now the capital is taking that top spot from some of the priciest cities globally, too. Where once the millionaire mansions were the keep of the American West Coast, real estate prices have catapulted upwards in the major cities – particularly those with a strong business culture. So how does London stack up? London vs. The World After a slow and steady ascent, London has finally taken over as the most expensive place to live on the planet, leapfrogging Hong Kong in the process. However, the company that has supplied these statistics, CBRE, asserts that this is only temporary, with Hong Kong set to regain the number one position again soon. The rest of the top five makes for interesting reading, with the gap between the top three and the rest indicating the preference of luxury home buyers for settling in major global business hubs. Top 5 Most Expensive Cities for New Builds (average per square foot) 1. London – £2,245 2. Hong Kong – £2,185 3. New York – £2,020 4. Sydney – £1,348 5. Paris – £1,235 Data taken from CBRE London vs. The UK It goes without saying that, as the world’s most expensive location for house prices, London would also take this title here in the UK. In fact, despite dipping recently, the gap between the capital and elsewhere in the country is a staggering 12%, with a hefty average price tag of £458,283. The national average, a measly £179,492 in comparison, is comprised from figures that vary wildly across the regions, with the North East seeing much lower prices across the board. Figures taken from the Land Registry London vs. [...]

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