• Lifetime Individual Savings Account (LISA) – You can use a LISA to buy your first home or save for later life. You must be aged between 18 and 39 to open a LISA. You can put away up to &4,000 each year and the government will add a 25% bonus to your savings. However, there is a penalty for taking money out of a LISA if you are not putting it towards a deposit, or withdrawing after age 60.
• Equity Loan – This scheme is only available to first-time buyers in England who want to buy a ‘new-build’ house within the relevant regional price cap. You can borrow up to 20% (40% in London) of the purchase as an interest-free equity loan. You do not pay interest on the equity loan for the first five years, but you will start to pay interest in year six. The equity loan payments are interest only, so you do not reduce the amount you owe.
• Shared ownership – Shared ownership offers first-time buyers the option to buy a share of the home from the landlord, who is usually the council or housing association, and pay a reduced rent on the remaining share. Later, you can choose to buy a bigger share in the property, and ‘staircase’ up to 100% of its value.

• Survey costs
• Initial furnishing and decorating costs
• Buildings insurance
• Solicitor or conveyancer fees
• Removal and moving costs
• Stamp Duty

• Shared accommodation with a landlord or landlord’s family
• Long leases
• Student halls of residence
• Hotels and refuges
• Care homes
• Hospitals and hospices
• Low-cost ownership homes
• Other accommodation relating to health care provision

• Valuation of your property based on expertise and extensive research.
• Drawing up floor plans.
• Accumulating interest from their own list of appropriate buyers.
• Marketing on property portals (such as Zoopla and Rightmove) and other traditional advertisement outlets.
• Organising viewings.
• Negotiating a suitable sales price.
• Professional photographs of your home.
• Installing a For Sale sign.
• An enticing written description of your property.

Research by retail and commercial bank, Shawbrook, suggests that three-quarters of private sector landlords have taken steps to help tenants cope, as the cost-of-living rises.

They also found that one in four landlords have frozen rental prices for the time being, while 22% have offered tenants a payment holiday.

Meanwhile, one in five landlords have lowered rents, and 19% have offered to include the cost of bills in the monthly payments.

To help combat soaring energy prices, 26% of landlords were found to be taking steps to make their properties more energy efficient, such as improving insulation, installing double glazing and investing in a new boiler.

Emma Cox, managing director of real estate finance at Shawbrook, commented: “In order to have a fair and sustainable rental market, it’s vital that landlords are open to supporting their tenants through hard times.

"Reducing rents or offering payment holidays will help tenants during the worst of the crisis and get them back on their feet.”

Why is this happening?

With inflation rising in line with the cost of energy, tenants across the UK are grappling with mounting bills that they were not initially prepared for.

The Shawbrook study found that 85% of people living in the private rented sector, had already made lifestyle changes to cope with the higher cost of living.

Many landlords will be feeling the pressures of rising inflation themselves, so they can recognise the challenges their tenants are facing.

What does this mean for landlords?

Ultimately, the decision to offer a rent freeze or payment holiday lies completely with the landlord, and will depend on their personal circumstances.

The influx of those who have chosen this route will certainly have a knock-on effect for an already dwindling supply of rental stock, as tenants who have been offered help over a challenging period aren’t likely to pack up and leave any time soon.

This is certain to ramp up demand, with a backlog of potential renters waiting for a property to become available.

The consultation also included measures to protect renters from unfair rent increases and plans to ban ‘no fault’ evictions in the Renters Reform Bill, which will be introduced during the current parliamentary session.

Are you looking for advice on letting your property? We’re here to help. Get in touch with our experts today.

Houses aren’t the only things seeing a rise in prices, as every area of the UK recorded a growth in rent prices during September. Greater London alone saw a 2.5% increase, which helped to drive the average rent in the UK to &1,159 per calendar month. This is a notable 1.4% rise from the previous month.

Data from lettings insurance company, HomeLet, reveals that average rents across the UK (Excluding London) now stand at &971 PCM, a jump from 1% between August and September. Their Rental Index also found that the North-East saw the second largest monthly variance, with rents rising by 2.4% between August to September, boosting the average rent up to &609 PCM.

These figures are from data on achieved rents for just-agreed tenancies arranged in the most recent period – this provides a detailed insight into the lettings market, its current trends and consumer behaviour across the UK.

Why are rents rising?

UK rental growth has long been driven by mounting rental demand, and increasingly limited supply. This creates a cycle, whereby rising rents mean tenants are staying put, rather than moving to a property where they could end up paying more rent - contributing to the lack of supply which drove rents up in the first place.

Zoopla found that tenants are staying in rental properties for an extra five months in 2022, compared to five years prior.

Rightmove also acknowledged the same phenomenon, and noted that the number of new rental listings peaked for the year in June 2022.

Tim Bannister, Rightmove’s director of property data, said: “A shortage of rental homes and strong demand for the properties available has led to a greater number of tenants choosing to renew their leases and stay put, rather than re-enter a competitive rental market.”

“People who had been waiting to see what happened last year are now being faced with record rents, and so are seeking out properties where they can have more certainty over their outgoings, with all bills included becoming increasingly sought after.”

Will rent prices go down in 2023?

Most experts forecast that rents will continue to rise into 2023, albeit at a slower pace, as the cost-of-living crisis continues to take its toll on household incomes.

But, the localised element of the market means areas where demand is at its highest, could see rents continue to grow.

Rightmove’s Tim Bannister stated that it will take time for the difference between demand and supply to level out to see rents fall.

“The story of the rental market continues to be one of high tenant demand but not enough available homes to meet that demand,” he noted.

“The wide gap that has been created between supply and demand over the last two years will take time to narrow. Until then, this imbalance will continue to support asking rent growth. This has led to our revised forecast of an 8% rise in asking rents by the end of the year up from 5%.”

As demand rises, is your portfolio expanding? Let us help you. Our fully managed service takes the stress out of letting - find out more today by visiting our website.

*HomeLet

Listed properties are the types of homes you see in movies, or on a picturesque walk in the countryside. Their impressive and grand architecture, or their adorable cottage aesthetic are what makes listed properties so desirable, which is why they need extra protection.

These homes are amongst the most sought after on the market, and they can only increase in value over time, therefore interest in listed properties is usually high. However, these buildings come with rules regulations and restrictions.

What is a listed building?

Listed buildings are protected due to their architectural or historical significance and are graded in terms of interest. There are around 400,000 listed buildings in England alone. Wales has 30,000 and Scotland boasts 47,400.

How is a listed building different?

Listed buildings are typically older properties. As mentioned above, listed buildings are protected due to historical, architectural or local importance. Because of this, there are restrictions on work and alterations that can be done to a listed property. Buyers must be explicitly aware of this before putting down an offer.

The restrictions don’t just end at alterations to the property, the owner must also maintain the cultural integrity of the property. Meaning the upkeep of the home, such as a thatched roof, repairing lime plaster or replacing sash windows. This type of maintenance can often be very costly, and will require specialist tradespeople. Because of this, it takes a specific type of buyer to be willing to commit to a listed property.

What paperwork will you need if you’re selling a listed home?

It’s a given when selling any type of home, that you will be required to complete a TA6 form as part of the conveyancing process, which is designed to provide the prospective buyer with critically important information about the home. You will also need documents which can evidence your statements made in the TA6 form.

A vital document which you will need to provide is the Listed Building Consents. This is required for all works of demolition, alteration or extension to a listed building that affects its character as a building of architectural, or historic interest.

Other required documents include:

• Any Planning Permission documents
• Building Regulations Consent if alterations have been made
• Details of any private drains including old septic tanks or cesspits
• Professional Consultant Certificates and Latent Defect Warranties if any major work was done on the house

Are there any restrictions when selling a listed property?

While there aren’t any major restrictions involving selling a listed property, you must be certain that no illegal work has taken place. This includes work done during your time as the owner, or any work arranged or completed by previous owners.

Additionally, if work is required on the home while you are selling it, this will be flagged up in the buyer’s survey. Be aware that the buyer may want to negotiate the asking price or request that the issue is fixed before going through with the transaction.

Do you live in a listed property? We can help you sell! Get in touch with us today to book a valuation with our local property experts.

The housing market once again exceeds expectations after a poor reception from the chancellor’s mini-budget and regular talk of a possible slowdown, as current research suggests that in 2022, almost a third (31%) of properties are now receiving offers within an hour, compared to a mere 7% in 2018.

Over a five-year period, almost one in five (17%) properties received an offer within one hour of a viewing. An even more notable 7% of buyers made an offer on a property without attending an in-person viewing, according to data from MPowered Mortgages.

The data also outlined that properties receiving an offer in a day is up over the same period, rising from 26% in 2018, to almost half (48%) by 2022. Around 12% of homes have received an offer without a viewing this year, which could be a result of social norms shifting in light of the COVID-19 pandemic, where remote/virtual viewings became the new normal. The data showed a substantial jump in buying without viewing, up from 7% in 2018.

Strong demand and competitive buyers

To find out more about current buying behaviour, the fintech mortgage lender has launched a House Pace Index, driven by market conditions, government intervention within the property market, and consumer behaviour of wanting to ‘buy now’.

The research revealed that 38% of properties that have been placed on the market in the last five years received an offer within the same day of a viewing, with only 14% securing an offer after a second viewing.

The data also suggests that the younger generation are most prepared out of all age groups to take a more eager approach, with 18–34-year-olds acknowledged as most likely to adopt this mindset towards house buying. Some admitted to making an offer before seeing a property, in comparison to just 5% of 35–54-year-olds.

The average age of a first-time-buyer in the UK currently sits at 34, which is why this age group being quick to act could be pinned down to a lack of experience, coupled with fewer mortgage deals available on the market, the study suggested.

Tunnel vision

The data from Mpowered Mortgages also showed that, before making a first offer, buyers are seeing an average of three properties, while 40% of buyers only view two properties before deciding to make an offer on the home they set their sights on.

Pressure on buyers resulting in quick offers

The market is thriving with historical rates of activity as buyers race to secure their ideal property in the midst of a chronic imbalance between supply and demand. The current market climate and data findings show that offers are being made extremely quickly, despite common belief that a ‘slow-down’ is on the horizon.

Stuart Cheetham, CEO at MPowered Mortgages, commented:

“The race to find a home can be a daunting prospect even more so now in an environment where mortgage rates are rising as part of the cost of living. Of the many hurdles a homebuyer faces, one element that can be largely controlled is the certainty of their mortgage and this will be even more important as rates continue to rise.” 

Considering selling? Take advantage of the buoyant market and get in touch with us today to book your valuation.

As autumn leaves us and dark evenings approach, now is the best time to start preparing your home for the cold months ahead. Cold and damp weather can put a strain on our homes, so it’s important to have a few precautions in place to avoid unnecessary maintenance costs later down the line, in what is already set to be a challenging financial period.

High demand for professional tradespeople can lead to weeks of waiting to get work done, should you find your home is suffering from the onslaught of cold and wet weather conditions. So, planning ahead will help you avoid a facing winter without hot water and a leaky roof.

Boiler check

The last thing you need during the winter months when the house needs heating and waiting times for maintenance are longer than usual, is your boiler to have issues. Be proactive and get your boiler checked now, before it has to face the depths of winter.

Brick work

One issue that is often overlooked ahead of winter is inadequate brickwork pointing. This can become a major issue over time as it allows water ingress, as well as leaving your home susceptible to frost damage and damp. These issues will become far more prevalent during the winter months, as more favourable weather in the summer allows them to go unnoticed. It costs on average &50 to &60 per square metre to repoint your brick work, however the waiting times will only lengthen as the temperatures drop. Therefore, acting now before the cold and wet weather arrives will put you in good stead.

Roofing

Much like brickwork, problems with roofing tend to emerge more prevalently in cold and rainy conditions. Missing or cracked tiles are frequent problems that can lead to further issues in the home. Getting a roof inspection or necessary repairs can take as long as four weeks before the right tradesperson is available, so it’s important to take a proactive approach rather than wait for more serious damage to be done.

Water pipes

The winter months can take a toll on your water pipes, with low temperatures resulting in blocked, burst or frozen pipes. Insulting your pipes or fitting pipe jackets can be done for as little as &50, which is a huge saving compared to fixing the aftermath of a burst pipe. Any length of time without water in your home is a considerable wait, so sorting your water pipes now will save you a lot of trouble later.

Windows and doors

Minor misalignments of windows and doors may not seem like an issue, but your home could lose a considerable amount of heat, and rainwater has a better chance of entering your home. While the latter will cause damage from dampness, heating the home efficiently will become a much more pressing issue as we approach winter, and the cost of energy continues to rise. A general inspection or replacing a double-glazed window will require an upfront cost, but it will more than pay for itself due to the money saved on heating your home this winter – so long as you act now.

As we near the end of 2022, have you been thinking about selling? Book a valuation with us today.

Whether you’re a first-time buyer or a homeowner who’s ready to take another step up the property ladder, buying a house is a big decision, with an equally large scope for making errors. To help you get off to the right start when looking, here are the key mistakes to avoid when buying a property.

Not having an agreement in principle

A mortgage agreement in principle is a conditional offer on a mortgage, this is based on an income and credit check. You may be asked for one by an estate agent before even being able to book a viewing, to prove that you are serious.

You should have an idea of how much you might be able to borrow from the bank or building society before you start viewing properties. This will help you establish your budget and find properties within your price range. Your due diligence will also ensure that estate agent and seller will take your offer more seriously.

Only looking at superficial details

A property can seem ideal at first glance, but it’s important to check for any issues which might be costly to fix or maintain. You should always check walls and appliances around the home to ensure that everything works as it should.

Remember to check for signs of damp and rotting window frames, test the flush on the toilet, and don’t be too shy to turn lights on and off to check the electrics.

Not researching the area

If you’re relocating for your dream home, make sure you research the area fully before putting in an offer. Local amenities and the community can be just as important to your lifestyle as the home itself. Check the local crime rate statistics, talk to neighbours if you get a chance, and look up local schools, shops and any facilities you’ll need close by.

Underestimating overall costs

While it’s a great idea to focus on saving up enough for your house deposit, it’s important to remember all of the additional costs involved in buying a home. You’ll need to factor solicitor fees, survey and valuation costs, as well as home insurance before you can comfortably take your first step onto the property ladder.

Not acting quickly enough

If you’ve found the perfect property that works for you and your budget, try not to spend too much time twiddling your thumbs and mulling over the decision. If you overthink things and weigh up other options for too long before putting in an offer, you could see your dream home get snatched up by another buyer.

Acting too fast

While acting too slow isn’t advisable, rushing into things is no better. If you make a snap decision with little research beforehand, you could end up in a home that doesn’t realistically fit your budget on a monthly basis and even worse, doesn’t fit your needs.

Take some time to picture yourself in the house and conduct as much research as possible until you feel happy to make an offer. You should never make an offer solely because you feel pressured, as this will ultimately lead to regret.

The definition of the word ‘clean’ can vary from person to person, which is why most deposit disputes between landlords and tenants arise around the end of tenancy cleaning. It is the tenant’s responsibility to hand the property back over to the landlord in the same condition they found it in on move-in day, and most would prefer to do so without having to fork out for professional cleaning.

Tenants are not obligated to pay for professionals to clean the property if it is left in good condition. This is why a ‘deep clean’ is pinnacle, as dust and dirt can collect in every nook and cranny and is easy to miss during everyday clean-ups. Once you’ve packed up your personal items, you should tick all of these key cleaning steps off your checklist before handing the keys over:

Planning in advance

Cleaning an entire property from top to bottom can feel overwhelming, so it’s important to start planning early and budgeting for any necessary equipment. A deep clean will take more planning and effort than a typical spring clean, so make sure you allow yourself enough time, and factor in how long cleaning will take on top of your move.

One step at a time

The larger tasks in each room might call for your attention first and foremost, but the best protocol is to take things one room at a time. This way, you won’t find yourself overwhelmed and burnt-out early into the process, as cleaning from one room to the next allows a sense of order and you won’t end up forgetting the smaller details which matter just as much.

Deep cleaning

It’s best to make sure the property is completely empty before completing a deep clean, as personal items can get in the way, and you might end up having to go over the same areas more than once. A deep clean can match the results of professional cleaning if you put in the effort and attend to all of the essential tasks, these can include:

• Mopping floors and tiles
• Hoovering and steaming carpets and rugs
• Cleaning and polishing taps and other water fittings
• Removing cobwebs from walls, ceiling, and skirting boards
• Cleaning windows, doors, and handles
• Degreasing the hob, oven, and all components
• Dusting and polishing surfaces, such as tables and sideboards
• Removing limescale from sinks, showers, and bathtubs
• Scrubbing and disinfecting the toilet
• Removing mould from walls and tiles
• Wiping down kitchen cabinets and countertops
• Cleaning all appliances (kettles, toaster, and microwave etc)
• Emptying and cleaning the fridge and freezer
• Cleaning out large appliances like washing machines or dishwashers
• Emptying and cleaning bins (inside and outside ones)
• Sweeping and tidying outside areas
• Hoovering mattresses and sofa cushions

Check the cupboards and drawers

A kitchen can appear clean at a glance, but once you start opening things up, you’ll probably find that there is more work to be done. Make sure all the cupboards and drawers are completely empty and clear of any food residue or marks left by pots and pans. Try sticking to gentle cleaners such as dish soap and water as harsh chemicals, and too much water can damage the cabinets. 

Defrost and descale

If your landlord provided the property with white goods, it’s your responsibility to leave them in the condition you found them in. You can descale the kettle by filling it with equal parts white vinegar and water and bringing it to a boil. As for the freezer, use disinfectant to ensure it’s completely clean before unplugging and leaving the door open to allow any ice build-up to melt.

If you’re considering the points within this article, you may be on the hunt for your next rental property. Browse the homes we have available here.

Every decade brings along a new wave of first-time buyers, and this time around, millennials are on the market. To help you draw in this new pool of potential buyers, we’ve found the top features that most millennials will seek out in their ideal homes…

Sustainable and eco-friendly

Most modern buyers will be deterred by poor energy efficiency, as the impact it has on the environment (and monthly bills) is becoming a notoriously unattractive factor. Millennials want to reduce their carbon footprints as much as possible in their homes – from air source heat pumps to solar panels – even if this means pushing out the budget a little further. Homes that offer energy saving solutions are hot on the market for younger buyers and will become increasingly more valuable over time.

Good value for money

Millennials will want to know that their bills are being kept to a minimal while also having a home that caters to their every needs. These types of buyers will be new to the house buying process and might still be finding their financial feet, so being careful with money and making responsible choices is key. Often, they are also savvy about the schemes that are available to help them onto the ladder, and switched-on about which properties will cost more to run.

Visual appeal

Even while the market experiences unprecedented levels of short supply, millennial buyers are known for being selective about properties based on their appearance. They’re also drawn to visuals, and many will expect video tours to be available on the listings they browse, before committing to a booking. The information provided on the listing should also be as thorough as possible, as millennials like to know all the ins-and-outs of a property before attending a viewing. They will also undoubtedly read reviews online beforehand.

Location

Millennials will prefer to be in the heart of a great location, surrounded by a good community and local amenities for convenience. With many young buyers on the market being remote workers, location has become more important than ever before. The working from home buyer will seek out a quiet, scenic spot, with enough local shops and footpaths close by to fill up the lunch hour. While a commuting buyer will want a spot right in the city, with good commuter links and plenty of amenities available for the morning rush.

Convenience

After years of apartment living, millennial buyers will be highly attracted to a house which offers good storage space. Laundry rooms and pantries may also be important to these buyers, and they are likely to be attracted to a ‘ready-to-go’ home complete with all appliances, if it comes within budget.

Do you have a property that ticks all of these boxes? We could have a buyer waiting for you. Get in touch with us today to discuss the local demand for properties like yours.

With Christmas on the horizon and a chilly winter around the corner, there are many things to look forward to (and prepare for) at this time of year. To get your home ready in time for winter’s festivities and inclement weather, now is the perfect time to start preparing.

Replace floor protectors on chairs

Particularly if your home has hardwood floors, the influx of guests brought in by the festive season could result in your dining chairs scraping and scratching your flooring. Check their feet, and add or replace floor-protecting pads if necessary.

Check paths, stairs and railings for safety

As icy mornings set in, your pathways will become more slippery, and could lead to risk if the footing is uneven or a railing isn’t sturdy. Be sure to inspect the outside of your home, paying special attention to walkways, stairs, and railings, and make repairs where needed, before the evenings grow even darker and the temperatures drop.

Welcome nature into your garden

Although hibernation season is upon us, there are still some critters and feathered friends who could use extra help when wild food becomes scarce and water sources freeze. Create a safe spot for nonmigrating birds, by keeping your feeders full and replenishing any water sources in your garden daily. You could also consider adding a bug hotel in your garden, so our pollinators and their friends have somewhere warm and dry to rest.

Get a head start on Christmas prep

If you plan on hosting around the Christmas period, it’s a good idea to take some time now and prepare a few things in advance. Polish your special occasion silverware and favourite plates, clean and iron the fancy linens and tablecloths, and plan out your dining table décor – you’ll thank yourself later.

Deep-clean the bathroom

Aim to schedule a deep clean of the bathroom and guest toilet, so that a quick surface wipe-down will be all you’ll need to get things looking spotless again during the festive season.

Cover any gaps

Minor misalignments of windows and doors, or cracks in the walls may not seem like much of an issue, but your home could lose a considerable amount of heat, and rainwater has a better chance of entering. Check your home for any gaps and cracks and make sure they’re sealed – whether it’s through DIY or investing in a tradesperson.

Remove the last of the autumn leaves

Aim to fit in a gutter-cleaning session once the last leaves have fallen — but before the first fall of snow.

Fix plumbing issues before waiting times skyrocket 

If you’re experiencing problems with your plumbing, don’t wait until the busy festive season, when it may be more difficult to find an available plumber. You’ll avoid a Christmas without running water if you fix it now, before the issue worsens over winter.

Bring bulbs indoors

Potted bulbs make a lovely, thoughtful gift, and if you’re potting them for yourself, it’s easy enough to make a bunch to give away throughout the holiday season.

Stock up for winter

Dark, icy, and snowy mornings are hardly the ideal time for last minute trips to the shop for essentials. Taking the time now to stock up on winter gear and supplies will ensure less stress when the weather is not all that desirable.

• Check scrapers and de-icers; replace as needed
• If you use a fireplace or wood stove, order extra firewood
• Stock up on pet and plant safe ice melt
• Replenish emergency kits for car and home

If you’re considering selling in November, we can help you. Book a valuation today.

Less is more when it comes to decorating your house for a quick sale. Everybody has their own unique style and taste, so the best solution is to keep things neutral and simple. This means that your potential buyers feel that without too much effort, your house can become the home they want to live in. More importantly, this creates the perception of a well-cared-for home that will not need too much work. A great starting point is a good deep clean to make your home as desirable as possible. 

Here are a few simple dos and don'ts to help you save money and move quickly. You can do these in any order you like, and the results could increase your home's value and make it quicker to sell. 

Remove the clutter and don’t spend more on furniture or appliances 

It may sound obvious, but before you give your home a good clean, clear out the clutter. Keep the worktops in the kitchen clear of pots and pans, clear the hallways of shoes and coats, and try to strip back some of your personal items like photographs and holiday trinkets. Clearing away some of the clutter will make your home appear bigger and more visually appealing, and buyers will be able to envision living there. 

Deep-clean each room 

Now that you have a bigger space to work with, it’s time to clean. The items you have cleared away have probably been hiding a few walls or surfaces requiring your attention; so clean the bathroom, the floors, walls, worktops, and the oven. 

First impressions last 

Your buyer’s decision-making process starts as soon as they see your home. Think about how the house looks as you approach it. Is the door clean? Does the front garden have any weeds? Has the grass been cut? Do you have a patio in the back garden? Does it need a brush? If it’s crying out to be replaced then use stones, which costs hundreds, rather than paying thousands for new paving. 

Forget the new extension or knocking down walls – add a fresh lick of paint! 

A fresh coat of paint can make such a difference in freshening up your home, but here’s what not to do: Don't just pick your favourite colour. Instead, stick to neutral colours that are bright, modern, and on-trend. Prioritise which walls, ceilings, or skirting boards need the most attention, and if they don’t need it, don’t waste your money. 

Make your house a home with some simple homely touches 

Adding some simple finishing touches, such as plants and some logs next to the fire, costs little and will have a greater impact than buying a new couch. You’re selling your home, not your furniture. A new lamp shade to replace the old one when it’s begging for replacement is worth it; in the right tone, it will put buyers in the mood for buying! 

Get it on the market 

If time is of the essence, all these things can be achieved quickly and easily, and most of them can be carried out without hiring tradespeople, saving costs and increasing your budget for your new home. 

Looking for a speedy sale? Arrange a valuation with us today. 

Buying your first home will most likely be the biggest purchase of your life so far. Are you fortunate enough to have access to a lump-sum of money? Have you won on the lottery? Inherited an extremely rare and valuable heirloom? 

Sadly, lots of us are not in any of these wonderful predicaments, so good old-fashioned saving is the key – but particularly in the current climate, this is often the biggest hurdle to deal with when getting your foot on the property ladder. 

Decide how much you need to save 

Depending on how much you, your partner, or your friend earn, your deposit is a big factor in deciding how much you can borrow. To get a good idea of how much you could borrow, use any of the major high street mortgage lenders' mortgage calculators. Usually, banks ask for a 10% deposit, but the chances are that you may be eligible for a first-time buyers' scheme, some of which offer 5% deposits. The larger your deposit, the less interest you will typically pay to the lender of your choice. Whatever your circumstances, all this will help you determine what you are entitled to and give you an idea of how much you need to save. 

Set a target 

Now that you know how much you need to save, calculate how much you can save per week or per month. Then calculate how long you will have to save for to reach your target. Before you do this work out how and where you can save on how much you spend! 

Top tips for spending less and saving more 

Rent 

Can you rent a room instead of an entire flat or house? Would you consider moving back home with your parents or with a relative with a spare bedroom?  

Cars 

How many cars have you got in your current household? If you and your partner both drive, then could you get by with one car? If you have financed your vehicle, then settling that finance helps matters too.  Your mortgage provider will look at any monthly outgoings and existing debts when deciding how much they will lend you. 

Food 

One of the biggest expenditures for households these days is food. Think less takeaways and more culinary creativity. Prepare for the fact that when you buy your first home, you may want to cook more food from scratch. There are numerous tips and guides online to help you reduce food costs by developing your kitchen skills. Make it fun, invite friends, and enjoy it! 

Get the right savings account 

Now that you have worked out how much you can save per month, choose an account that will pay you the most interest. A good savings account will give a return, rather than a costly current account. Then, set up a standing order so that the money is transferred into this account and cannot be spent. 

ISA 

Depending on how long you are saving, you might consider an ISA. Tax-free and offering interest of up to nearly 5%, this can help speed up your saving and reach your target sooner. 

The rewards 

Remember to reward yourself for this change in lifestyle – make it fun! See it as an opportunity to improve yourself, and when you reach certain targets, reward yourself so that you have some fun along the way. Just because you are saving more and spending less does not mean that it must be a miserable process. You may find that some changes make your life better. In many ways, it’s about growing and adapting to life as a homeowner, because for the first time, you will have a mortgage to pay. 

Looking for your perfect first home? Browse our properties today. 

Emergency property issues aren’t good for tenants or landlords, and the best way to safeguard against these potential nightmares is to take preventative measures before they arise. Then you can sleep soundly at night in the knowledge that you have done everything you can to drastically decrease the odds of a costly, dangerous, or life-threatening emergency. 

Carry out these safety checks regularly 

Gas: A Gas Safety Certificate is a legal annual requirement. It's perhaps the most obvious and well-known of all home safety certificates, but it's less known that it applies to all gas appliances, not just your gas boiler. 

Electrical: All fixed electrical appliances need to be inspected and tested every five years by a qualified electrician. 

Don’t forget the fuse box: If you are letting your property, you might find that the existing fuse box is obsolete and does not meet current safety standards, so it's best to check this with a qualified electrician. 

Smoke alarms: It's not expensive, and it's a legal requirement that there's one installed on every floor. The potential damage caused without them can be catastrophic, cause death, and if fitted and not correctly maintained, can affect insurance coverage. 

Plumbing 

Drains: Blocked drains cause flooding, which in some cases leads to costly repairs and uninhabitable homes. Prevention is simple – all you need is a bottle of drain cleaner, which you can buy from any supermarket. 

Pipes: Insulating pipes is another inexpensive way to prevent a potentially hugely costly disaster. In winter, pipes contract in the cold and then heat up once in use. This repeated process can cause them to crack, leading to an even bigger leakage of money! 

Regular inspections 

It’s always a wise move to have a clause in your tenancy agreement that, with written permission requested, you can inspect your rental property within 24 to 48 hours. You can’t legally enter the property without the permission of the tenant, and this allows you to regularly check the state of your property should you feel the need to do so. 

Landlord insurance  

Differing greatly from conventional house insurance, a private residence policy will not cover you if you let your property. A good landlord insurance policy is worth every penny in the face of devastating risk; it covers damage, loss of rent, and legal expenses, plus almost anything else you feel could be a risk. A good conversation with a reputable insurance company is time well spent in order to find the right level of cover to protect your investment property. 

Make it happen 

Taking these measures now will keep your rental property safe and keep you informed of any maintenance or repair issues that may be on the horizon before they become major issues, so in terms of investment, they are no brainers! The good news is that all of this can be carried out by professionals, from insurance brokers, gas engineers to electricians. Getting in touch now with the right people won’t take long and could save you a lot of money! 

Need help finding the right tenants for your property? Contact us today. 

Another New Year, a new beginning. If you've been thinking about renovating your home for a while, you can finally make your house dreams come true now that the festivities are behind you. 

Outdoor living 

Spring will soon arrive, and your garden and emphasis on outdoor living can finally begin to take shape. You want the best outdoor living space you can create; you've read all the magazines, watched all the programmes, and your mind is teeming with visions. Try adding an eating area, an outdoor working space, a pond, an orchard, and some sleepers, and see what else happens along the way! 

Working from home space 

If you would rather develop an indoor workspace, now is your time to get cracking. With more people working from home, inspiration for this trend can be found anywhere. Often, it’s about making it yours with individual touches while creating a comfortable place to work. 

Going green 

Perhaps you would like to increase the energy-efficiency of your home. Installing solar panels is a great way to do your part for the environment while saving some money. In some cases, you may even be able to sell the electricity you produce to your local energy supplier. This could mean your solar panels will pay for themselves, but typically the only cost after installation is for annual servicing. If you work from home, you might consider installing insulation to reduce your ever-increasing heating bills. 

Creating extra living space 

You could create another bedroom, a dwelling space for an elderly relative, or a new family. Alternatively, removing walls to modernise or create extra space is still challenging and will remain so in 2023, given the cost of raw materials and the shortage of good tradespeople available to carry out this work. So careful planning is essential, or it might not happen until next year! 

Bathrooms 

January is a great time to get an awesome deal on a new bathroom, despite the waiting lists to get it fitted with large, branded suppliers or individual bathroom fitters. There is nothing to stop you from buying and booking now, and with some luck, the design of your choice could become a reality in time for summer, or even spring! 

A new kitchen 

Buying a new kitchen in January leads to huge discounts and when completed, adds real value to the value of your home. As the central hub for any home, bright spaces and light colours are on-trend, as are natural material surfaces matched with metallics. Seamlessness and fluidity between rooms with open-plan living or blending outdoor areas with the heart of any home are still on the to-do list of many this year. 

An exciting year 

Whatever you decide to do in 2023, whether you are renovating then selling or buying a newly renovated property, there is no doubt that there are some interesting and exciting ideas waiting to be implemented and already in place in many homes. 

Searching for your perfect new home? Browse our properties today. 

January is a fantastic month to prepare your property for a February sale. With the Christmas holiday behind you, hopefully you are feeling refreshed and ready to roll up your sleeves. 

Spring is always a great time to sell, so getting ahead of the competition and preparing for the coming months is a great strategy. 

So, why not put your house on the market in February? As each day passes, the warming weather will heat in harmony with the property market. Early birds will be searching, and probably have been, for their ideal home since last year. So getting your house on the market in time for February is a savvy move, because it not only beats the rush but also gives you extra time to sell and get the price you want. 

So, what can you do? 

A good entrance 

You and your home have made it through the winter, but there might be a few scars. Place yourself in your buyer’s shoes and look at the entrance to your home as you approach from the front. Are there any blemishes on the front door, or is there any paintwork that needs attention? Guttering? Weeds? It might not be summer, but you can still neaten up the front garden. 

Outdoor living spaces 

Entice buyers by showing them a vision of all-year-round outdoor living. Perhaps an outdoor fire or stove, some chairs, and a few logs. The leaves have long since been swept up, and if things appear tidy and serene, it might move buyers to buy. If they see outdoor winter living as well as a vision of the summer before and after the sun goes down, then perhaps they will move quickly. 

Create a cosy and warm atmosphere 

If this warm and wonderful atmosphere is also captured inside, then you are onto a winner. Offer proof of the coming spring with flowers or plants. A fire that is clearly in use and a living room that is in order (and lived in) will undoubtedly make potential buyers feel at home.    

An early spring clean 

It might not be spring yet, but that’s no excuse to give your home a good spring clean. If you do nothing else, your house will sell itself if it looks clean and well cared for. Combined with some of the other steps you can take, a speedier sale is almost certain. 

Give your own home a house inspection 

Empathise with your potential buyer and have a good walk through your house with your phone, taking pictures of anything that might need attention or dissuade a potential buyer. Even if you started this process last year, you are almost guaranteed to find areas that need painting, repairing, or replacing. If you start this process in January, then the clock is ticking and it's best to prioritise the various jobs you find. Ask yourself if you will get your money back if you find something that involves spending significant amounts of money, or if you can improve something that does not involve large injections of cash. 

Relax 

When all this is done, just sit back and let your house sell itself! The hard work is done, so enjoy the proof of all your hard work during the time you have left together because it won't be long until you will be on the move! 

Looking to sell swiftly? Contact us to see how we can help. 

Having enjoyed time with loved ones, lots of food and drink, films, and festivities, the time to start searching for a new home now begins. January is traditionally an off-peak time for property sales, but perhaps for this reason, more and more potential buyers start searching in the hope of finding a bargain. 

Housing markets differ from county to county and from postcode to postcode. Some regions enjoy constant demand. If there is an area you are interested in, there is a chance that January after the lull of Christmas can give you a chance of securing your ideal home before the rush of summer! 

There are some good deals to be had 

The secret is out, and it’s not just buyers seeking a great deal. Sellers are realising that getting an early start is a good way to get ahead of the competition before the summer rush. Getting an offer accepted for a little less than you anticipated is always a nice feeling, and it will give you a little more budget for decorating or renovations. 

 
Houses re-entering the market in 2023 
Many predict that house prices will fall during 2023. With this in mind, many sellers have been busy preparing their homes for the market in 2022, knowing they were too busy relaxing over Christmas. 
 
A considered approach 
Though the housing market is still dealing with the hike in interest rates, the low supply of houses on the market compared with the number of buyers means the market remains buoyant. With interest rates stabilising, many buyers are taking the long-term view that house prices will begin to climb again in the next five years. The slowdown also gives buyers and sellers a little more time to take a more considered approach when making their choices. After all, if you are selling, you are most likely moving, which also makes you a buyer. 
 
A nice way to relax 
Christmas might be over, but it’s still cold outside. A nice way to spend an evening is to sit by the fire and do a property search online. You have access to everything from simple starter homes to your dream home. So enjoy your property search and make it a pleasant experience for you and your partner. Inspiration may come from all sources in the hunt for your new home, and it will find you as it leaps from the screen as soon as you set eyes upon it! 
 
New homes 
There are many new and exciting developments underway and due for completion this year. Buyers have a good choice of options with low deposits and energy-efficient homes, whether a property is finished, or you want to pre-reserve it. As these homes sell, they also help stabilise the market. This is good news for home movers, as it helps reduce surges in demand and rapidly inflated prices. 

 
Don’t forget to get in touch 
With so many potential buyers searching for their new home in January, the sooner your property goes online the better, then buyers can start looking. If you have prepared your house well, or even if that is something you have chosen not to do, the more people that view it, the more likely you are to sell. 

 
Searching for a new home? Browse our properties today 

The Christmas lights have disappeared, it’s cold, and it seems like summer is so far in the future that it’s never going to happen, while you want to go back to the Christmas holidays, when you could relax with friends and family and plenty of good food. 

Soon it will be spring, and with it comes renewal. So why not make a little effort now to usher in some change? Here's some inspiration and a few practical tips for you to try that will help you shake off the January blues. 

Try something new 

The best way to snap out of the same old cycle is to try new things. If you are not ready to get back to your usual exercise routine, then perhaps you could try doing some home improvements. Let’s start with some simple things. 

Let there be light 

Simply adding more light to your home is a great way to create a better environment and a more cheerful living space. Soft lighting, which creates a warm and homely feel, is one way this can be achieved. 

Mirrors 

Hanging mirrors near windows will reflect more light and add another dimension to any room. It’s a complete illusion of course, but it works, as a blank, oppressive wall seems to suddenly become another room. 

You can rely on nature 

The lines between indoor and outdoor living are rapidly disappearing in this post-pandemic world. Bring some of nature’s wonderful colours and smells indoors by adding a few extra plants, flowers, or even fruit trees to uplift any room in your home. 

Furniture   

Whether your furniture consists of modern items, antiques, or even a freebies sourced from Facebook; sand things down, restore them, or simply paint them. Perhaps you already own the perfect table that, when painted, will transform your dining room. Sideboards and cabinets painted in bright colours are on-trend, or if you prefer the classic look, it will make you feel great and complete a room. 

Change your surroundings 

Pictures, paintings, and collectibles — authentic art that has been hand-painted by artists and captures the beautiful scenery of a place you love — are a great way to help alter your surroundings. Antique dealers always have something small and affordable, but if cost is not a concern, add to an exquisite collection. You can even get creative and make something with wood, or maybe photography or sewing is your thing! 

Get out and enjoy some viewings 

Perhaps you are determined to move and do not want to spend a single pound on anything in your home. If that’s the case, rid yourself of the January blues by going to see potential properties. Online viewings are an awesome way to see multiple homes, but there is no substitute for house viewings, to see if you get that special homely feeling. 

Get your 2023 property search underway! Browse our properties 

You have decided to rent your house out – or perhaps you have been a landlord for a while and simply need a few tips to help you keep your tenants happy and protect your investment. Whatever your situation, you know that substantial changes are costly and time consuming, and more time spent on preparing your property means less rent revenue for you!   

There is no need to break the bank when it comes to attracting tenants to your property. As with so much in life, it’s all about the detail. 

Here are some budget-friendly tips which will help you freshen up your rental property.  

Paint The Tiles 

Did you know that tiles can be painted? There is no need to tile the bathroom and spend thousands simply transform the bathroom by adding a nice coat of colour to the tiles. 

Bathroom Fixtures and Accessories  

A new toilet seat, a mirrored cabinet, a toilet roll holder that matches a soap dish, a heated chrome towel rail to replace an old radiator can be bought from around &40. Is the pull cord a little less vibrant than it used to be? Replace it for less than &3.  

Lighting And Light Fittings   

Good lighting affects the shades, shape and mood of all that lives in your home, not only your new tenants but all the inanimate objects too. A new light fitting is another cheap fix and is not a huge task to replace.  

Handles And Doorknobs 

Perhaps the cheapest of all the quick fixes are doorknobs and handles, consider all doors, kitchen cupboards, and bedside cabinets, not just the internal doors!  

Taps And Sink Plugs 

New taps can freshen up the kitchen and bathroom, and a new sink plug costing a few pence shows prospective tenants that no detail goes unforgotten.  

USB Sockets  

These just make life easier for your tenants when it comes to living a more stress-free life without the need for lots of unsightly charging plugs. It also tells potential tenants that the home is up-to-date and modern. 

Are You Letting Your House Furnished, Part Furnished Or Unfurnished? 

If you let your home furnished with lots of fixtures and fittings, beware that unless stated in a contract you may be called on to repair these items if they break due to ware and tare, so try to keep things minimal.  

Curtains And Blinds 

New blinds can be fitted easily and if replacing curtains will create an illusion of wider space and improve the light of every room in the house. This is also a great way to freshen up the room with a pop of colour or an interesting pattern! 

Flooring 

New carpets can be fitted quickly and easily, and there are some great deals to be had so it’s worth getting a quote if nothing else. A transformative improvement might not be as expensive as you think! There is a bit more to fitting laminate, but it will add a new lease of life to your rental, making your house more desirable, with new underlay needing to be fitted for either choice – your tenants will live better insulated against cold winter nights.      

Looking to Let your property? Contact us today for more information 

Whether you’re letting or living in your home, maintenance can be a pain to deal with and not very exciting. More work especially if you do it yourself, but property is most likely your biggest investment, and you want to protect it.  Cold wintry nights bring with them; Jack Frost trying to bite chunks out of your pipes, the wind stealing tiles from your roof and heavy rain and sometimes snow bringing the potential of floods. While you can’t stop nature, you can certainly protect against it with the right winter maintenance plan. So, what can you do to help keep your property safe against the assaults of winter? 

Pipes 

During the winter your pipes are going to get a lot of use. Repeated heating and cooling combined with a vicious frost can cause cracking. An easy step to take is to carry out a visual inspection, particularly of any external pipes.  Make sure they are insulated to protect them and potentially your bank balance from any large bills.    

Roof 

Run your eyes (do this from the ground) along the roof, check if there are any missing tiles, and make sure the gutters are in working order and draining and not creating an expensive and damaging pool up on the roof!  

Boiler and Radiators 

Check the boiler, make sure it’s serviced annually. Bleed the radiators, the more efficiently they work, the better it will be for your heating bill.  

Wood Burners and Stoves 

If you are lucky enough to own a wood burner, make sure the chimney is clear and it’s all in good working order. When did it last have a service? This will keep the heat flowing efficiently and safely.  

Draughts 

Do any internal doors need adjusting or replacing due to the hot and cold cycle of the seasons? Is there a draught coming from the seals around the fireplace? Or is there a draught coming from somewhere else? 

Insulation  

It could be there is a draught coming from the attic. One reason why is that you need to insulate your attic. For a messy job, make sure you are wearing protective clothing and a mask, but do not take on a job requiring skilled tradesmen. Better insulation will enable you to save massively on your heating bill. 

Salt and Shovels  

If you have a lot of exposed concrete paving or tarmac make sure you dig out your shovel, sand or salt so you can be prepared for snow and ice.  

Stock up 

Build up your reserves of wood, or whichever fuels you burn on the fire. 

Smoke Alarms and Carbon Monoxide Detectors   

With so many fuels and energy sources in use, make sure your warning alarms are in good working order. One minute of your time to check the batteries is always time well spent. 

Insurance  

Check your policy. If the winter is going to be particularly bad with storms, ice, snow or floods then use it as a reminder to check in fine detail what you are covered for. Some policies might not cover for wind for example and the finer detail may state that only a certain amount of compensation is paid in the event of damage.  

Remember, if you spend a lot of time away for work or in a partner’s house, to adjust your policy accordingly as the house could be classified as unoccupied, even if it’s only for a certain period of time.  

Now That You Are Protected, Relax 

If you ready your property for winter, hopefully you will never have to use your insurance. But if the worst happens, you can sleep soundly at night knowing you are protected not just by bricks and mortar! 

Thinking about moving? Get a valuation today 

There is much to think about when investing in property. Whether you are a seasoned investor or letting for the first time, this checklist may throw up a few things you might not have thought of... 

The Right House at the Right Price 

It all starts with the right house, flat or property. You will not get a good ROI (Return On Investment) if you have paid over the odds for your property. Worse still, borrowing excessively so your letting yield does not cover the cost of the mortgage. Using this scenario as the worst-case example the principle is true at any level. Pay the right price for a good property.   

The Area 

A good house is made even better if it’s in the right area. That is not only is it a nice area but is there a good balanced mix of both let properties and private residential homes? This gives you options when it comes to selling and letting.    

How Will You Let Your Property 

There are many agents who will provide different levels of service for a relatively small fee. Everything from collecting rent to finding and vetting your potential tenants. Some will even pay you a rental income before they have placed tenants. Maintenance and guidance on legal obligations can also be taken care of or you can opt for a halfway house where the letting agent will take care of some of these things, while you take care of the rest.  

Tenants 

If you choose to find your own tenants then you will need to set up a bank account, arrange references, set aside some time to meet tenants, so it’s worth paying a good letting agent who will take care of this for you.  

Rental Income  

It is important to get the figures right. You want to let your house and hopefully make a profit on any potential borrowings you may owe on the house or any maintenance and repairs and what you charge your tenants. The best way to do this is to create a spreadsheet and break down all costs on a monthly basis.  

Potential Expenses 

While you are on your spreadsheet, think of expenses such as maintenance; boiler services, electric appliance testing and budget for the unexpected like repairs or potential appliance replacement if applicable. 

Remember Legal Obligations and Contracts  

Check out any legal obligations and make sure your property is up to scratch to avoid any unexpected expenditure, for example is your fuse box obsolete? Also, you will need a contract to protect your tenants and yourself legally.   

Development Potential  

Perhaps you have no intention of letting your house, you are simply going to restore it, or modernise it, then sell it. Perhaps you will improve your property, then let for a time then sell it. Whichever you choose, consider market conditions and if you can stick to your budget. Try and find a property with plenty of development potential so you can add value to your investment.  

Are you searching for a great investment? Browse our properties and become an investor today 

Becoming a landlord for the first time is an exciting prospect. There is money to be made if you get it right, but there are plenty of costly pitfalls lurking if you get things wrong, so be prepared to do a good amount of research so that you can protect your investment.  

Here are all the key things you’ll need to know... 

Your property 

Decide what type of property you are going to let. Are you letting your own house? Perhaps you are looking at buying a new-build apartment or flat, which will afford you lower maintenance costs over the years. A student house will not require much in the way of good schools and other facilities if you plan to let to young families.     

The right mortgage 

If you are starting from scratch and buying a rental property for the sole purpose of letting, you will need a buy-to-let mortgage. The deposits for these mortgages are much higher than a conventional mortgage with a minimum deposit of 25%, and up to 40% for more competitive interest rates.  

If you plan on renting your existing home there should be no need to re-mortgage, however you must inform your mortgage provider to seek permission to let your home.  

Know your responsibilities  

This is the big one, being a landlord comes with many legal and moral responsibilities, the good news is that many of these legal requirements will protect you as well as your tenants.  

Deposits  

When you let your property and take a deposit you are required to protect it, there are a few ways you can do this from government-backed schemes, insurance schemes and letting agents.  

Contracts 

You will need to create a contract between you and your tenants, setting out the terms of the rental agreement, covering notice periods for eviction, property inspections and who is liable for repairs and certain contents if let as a furnished property.    

Right to rent  

Just as employers need to take the necessary right-to-work checks, as a landlord you will need to check that your tenants have the right to rent in the UK.    

Landlord license  

In some instances, you need to apply to your local council before you let the property.  

Safety  

Apart from gas, water and electrical checks and certificates, consider smoke and carbon monoxide alarms. Perhaps lesser known is the legally required EPC - Energy Performance Certificate. You will be responsible for structural repairs, and the responsibility of making sure the property is safe to live in belongs to you. 

Making a profit 

You may have heard the term rental yield, what is it? How is it calculated?   

Rental yield refers to the level of profitability of your rental property.   

To calculate rental yield, divide your annual rental revenue by the purchase price of the property. 

If you let your property for &500 per month and paid &100,000 to purchase the property.  

Divide 6000 by 100,000, multiply by 100 to get a percentage figure. 

The yield is this case is 6%. 

It’s generally expected a good rental yield is 5%, however much higher figures can be achieved!  

Letting agents 

If you are a first-time landlord a great route to take is to use a letting agent to take care of everything for you. There are different levels of service letting agents can provide. It could be that you hire a reputable letting agent to find your tenants with references, create a contract and secure the deposit while you take responsibility for maintenance or repairs.  

Many new landlords opt for a fully managed service. It will involve paying a little more commission on rent, but you will sleep soundly at night and should have more time to enjoy life! 

Insurance  

Having the right insurance will also help you get a good night’s sleep! 

Landlord liability insurance covers you against legal claims from injury to your tenants if you are found responsible, as with any insurance you can tailor your policy to suit your needs.  

Just as when you buy a house to live in, you will have to purchase building insurance before you purchase the property. Don’t forget contents insurance, particularly if you have let your property as furnished.  

Conclusion 

There is much to know and learn, so a good letting agent might be the best choice, just as finding the right property using a good estate agent makes life much easier.     

Looking for your perfect first buy-to-let rental investment property? Contact us    

How to add value to your home  

Adding value to your home is straightforward. Making money often involves spending money when it comes to investments, and your home is no different! Whether you are looking for a quick flip or a total revamp, it’s important to make the right choices.    

Below, we discuss the best ways to add real value to your home... 

A few ground rules 

Do not overspend! Make sure your changes are impactful and necessary. If a refurbishment adds to the quality of your living space, then do it, just don’t get carried away. 

Be resourceful, shop around conduct plenty of research. Don’t just sign on the dotted line in a branded store, consider independent tradespeople to carry out the work, they may do a better job for less.   

Kitchen or bathroom?  

If the kitchen is in good shape but the bathroom is crying out to be replaced, then you may get more for your money by choosing a bathroom renovation.  

It could be that you need to do both the kitchen and the bathroom, arguably the two most impactful, important and costly rooms in the house.  

A new bathroom can add up to 5% to the value of your house while a new kitchen can add up to 15%, do the maths and see what you can reasonably spend. Then, enjoy the quality of new tiles, colours, materials, and cabinets with a new space-altering layout.   

Loft conversions  

Loft conversion can add between 10 – 20% to the value of your home, but be warned this is not an easy task. Firstly, check if you can convert your loft, beam heights are critical here, so you will need to get a reputable builder to give a good appraisal. There is lots of red tape involved in creating a new bedroom, office or bathroom in your loft. The good news is that this is often much cheaper than adding an extension to your property.  

Garden and outdoor living spaces 

A nice garden with outdoor living space is almost like adding another room to your house. Be careful, a few shrubs and trees with maybe some decking and already you have spent thousands. Perhaps not as guaranteed to add the same levels of added value to your home as other areas but still worth doing and will complement the entire living experience of your home. Bifold doors removing the traditional boundaries between an indoor and outdoor living will enhance this further.  

Energy efficiency  

A new heating system is not a massive investment and will save money on energy bills and easily add more than the cost of replacing the system, while not putting potential buyers off with the prospect of replacing the boiler.  

Solar panels are becoming increasingly popular. It’s an attractive proposition, particularly in today’s climate; to be self-sufficient when it comes to producing electricity. In some cases, you may even be able to supply the local electricity board and get paid!  Lower your carbon footprint or consider running your car to gain more savings. 

The little things you can do 

Sand and paint internal and external doors and skirting. 

Check out your floorboards, in older houses often these can be sanded and varnished and will look beautiful on completion.  

If you can’t afford to replace tiles and cabinets, consider painting them.  

Improve or replace lighting and light fittings. 

Sort any damp problems. 

Replace carpets or old laminate.  

 Bad bathroom grouting often brings the value of a home down far more than the relatively low cost of getting it sorted.  

Check the guttering.  

Replace windows and doors.  

Paint and decorate the internal walls and remember, if you are selling soon, use safe, neutral colours. 

It’s all good 

Whatever you decide to do, all these measures, and any you think of on the way, will add value to your home in more ways than one!    

Just finished your home refurbishment, wondering what it’s now worth? Get a valuation or browse our properties for your next move.