House

Photo source: http://bit.ly/2uYMnbq

A man travels the world in search of what he needs. He arrives home, and finds it.

George Moore

 

The most important work you and I will ever do will be within the walls of our own home.

Harold B. Lee

 

A good home must be made, not bought.

Joyce Maynard

 

My home is not a place, it is people.

Lois McMaster Bujold

 

Love begins by taking care of the closest ones…. The ones at home.  

Mother Teresa

 

Home is not where you live, but where they understand you.

Christian Morgenstern

 

An Englishman’s home is his castle.

Unknown author

 

There is nothing like staying home for comfort.

Jane Austen

 

Peace – That was the other name for home.

Kathleen Norris

 

A comfortable home is a great source of happiness. It ranks immediately after health and a good conscience.

Sydney Smith

 

Charity begins at home and justice begins next door. 

Charles Dickens

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How close are you to the point of reaching that much dreamed moment of buying your own place? If you’re already at the point of searching for a property, it’s time to wake up!

Source: Wikipedia, labeled for reuse

Deciding that you need a home of your own and getting to the point of eventually searching for the right place for you can be quite a long road to walk. You know exactly how your house looks in your dreams, but finding it on the market is a real challenge.

Not necessarily wanting to shatter your dreams, here are some advice you might want to follow when searching for a property.

Stay on the budget. Assuming you already know your limits – how much a financial institution or the bank of ‘Mum and Dad’ can offer you, it is very important to not cross these limits in any way. The temptation is huge when you see those pictures of the perfect house just a little above your price range, but the extra cost will just lead to new extra costs. Remember that it can be just as frustrating to live in an empty house because you might not be able to buy any furniture for it.

Keep it real. Make a plan of exactly what your needs are. You might want to ask yourself from time to time:

Do I really need that enormous kitchen?

Is an extra bedroom going to be of any other use that to deposit things in it?

Will I really use the two bathrooms in this apartment?

Location, location, location. You might search for places around your working place or near your friends. Keep in mind that jobs change and people move so pick a place that has good connections and nice surroundings. Because that is exactly what you are going to be using/ seeing every day.

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“Your home is your castle” or “Your castle is your home”? In some very fortunate cases, the later is also true for real castles and their inhabitants. 

Source: https://en.wikipedia.org/wiki/Castle Labeled for reuse.

All across Europe, castles have been built as a sign of fortune and fame. Queens, kings and their children – princes and princesses, lived once in the most fortified and beautiful buildings in their land.

In those times, only royalty could live the fairy-tale of having a home that included: a dance hall, at least one dining room with an enormous table, bedrooms for themselves and the servants, more than one bathroom, a library, dressing rooms, and stables. Well, this is the kind of house you want to play hide-and-seek in as a child.

Source: https://upload.wikimedia.org/wikipedia/commons/f/f7/Krakow_Wawel_20070804_0930.jpg Labeled for reuse.

However, those fortunate (and we mean this in the most literal way, as in owning a fortune) enough can still live in a castle today. Europe has castles that can be lived in today in countries like Italy, Germany, France, and UK. The largest inhabited castle is the Windsor Castle in Berkshire, for example. One can also sleep in the Berkeley Castle, Gloucestershire, and maybe feel like the Sleeping Beauty waiting to be awakened by a prince.

These type of properties usually have prices that exceed 2,000,000 GBP. Just like in the case of a normal property, the price depends on the number of bedrooms. An indoor garden the size of a park or a football field rises the value of the property, just like a big balcony might raise the value of an apartment.

If you are one of the potential buyers of a castle, to get a clear picture of what your life will be like, please read this article. It will give you a sense of the burdens, not only the advantages of living in a castle. Like the “agonizing five (5) minute walk to the home from the car” or the “We forgot the butter” problem.

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I am 22 years of age and would love to buy my own property. 

copyright: https://upload.wikimedia.org/wikipedia/commons/c/cc/Captain_Bligh_House_London.jpgBeing a first-time buyer usually means forking out rent, saving for a deposit and playing catch-up with ever-rising house prices all at the same time! 

London is the ideal place to buy a house or an apartment for me. It is a great place to live in, but it can be expensive if you are a first time buyer.

Not only are properties expensive to buy (average price in the borough of Redbridge is £446,581) but I will also need at least 20% deposit + stamp duty costs + legal fees on top of that.

Based on my salary, it would be impossible to apply for a mortgage based on the average property prices in London. My own research shows that there are two solutions for purchasing a property.

– Buy a property out of London as it is a lot cheaper, therefore, affordable for me.

– ‘Help to Buy Scheme’ 

The scheme requires a minimum 5% deposit of the property value with the Government offering an interest-free loan of a further 20%. The remaining 75% is covered by a standard mortgage.

As an example, if you want to buy a £200,000 property under the Equity Loan scheme, you would need a minimum deposit of £10,000 and to qualify for a £150,000 mortgage. The Government then provides an equity loan of £40,000.

Another option would be to buy jointly, either with friends or family.  I think this is my preferred option, so far. 🙂

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The first noted beach hut goes back to Australia as early as 1862. The bathing boxes are thought to have been constructed to protect the Victorian’s morality during a time of both male and females covering their bodies, even while on the beach. Just after this time, beach huts were seen in England, France and Italy.

Up until 2003, The Queen had a beach hut in Norfolk. The royal family had this for 70 years. The artist Tracey Emin recently sold her beach hut in Whitstable for £75,000 to Charles Saatchi.

Typically, a beach hut is a brightly coloured small wooden construction placed on/ near the beach. On the inside they are simply furnished, with a small fridge freezer and a sofa.

They are generally used to shelter from the sun or wind, or to change into and out of a swimming costume. Some beach huts have been modified with either a gas or electricity supply.

Today, depending on the location of the beach hut, it could set you back as much as £30,000, with Brighton being in “Top 10 Beach Hut Locations”. This is still cheaper than a caravan, and without the dreaded site fee’s.

If you live in a big city and just need to unwind for a day, this could be a good solution for a get-away. The biggest decision will probably be ‘What colour should I paint it?’.

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The mortgage market is in continuous move and it can affect you as well.

If you’re one of those shopping for a house soon and you are considering a mortgage, you should carefully analyse a couple of factors before making a decision. The location, the time you are going to spend in your new home (if it is temporary or, hopefully, for the rest of your life), the purpose of the investment (for your own living or if it is a buy to let), and other life circumstances should be considered when choosing a type of mortgage.

However, even with all these cleared up, there is still one more factor that might influence your decision. The mortgage market is in continuous move and it can affect you as well.

The analysis after the first quarter of 2017 proves that some types of mortgages are increasing, while other products for loans are remaining unchanged. For example, the number of contracted mortgages rose in the first three months. These are bank products offered for self-employed people, people with complex incomes or other underserved segments of the buyers’ market. Looking closely upon the offer of bank products, you may see that banks will speculate this moment and will come with new and improved offers. You will just have to pick the most advantageous for you.

The mortgage market also seems to be improving since the number of completed applications  for first time buyers is rising. 67% of first time mortgage applications were completed in the first quarter of 2017, up substantially from 48% in the same period of 2016. Intermediaries have eased up the applications because of the struggle to obtain a mortgage that was intensely publicised last year.

And one of the most important news that the mortgage market received at the beginning of this month is that the lending rates reached their lowest point. The figures from the Bank of England showed that this year’s borrowers received the lowest mortgage rates ever.

These effects are sometimes connected and influence one another, but paying enough attention to the movements of the market might pay off eventually.

Sources:

http://www.propertywire.com/news/uk/brokers-see-demand-specialist-mortgages-less-buy-let-forecast/

http://www.propertywire.com/news/uk/uk-mortgage-applications-intermediaries-successful-year-ago/

http://www.propertywire.com/news/uk/mortgage-lending-rates-uk-reaching-lowest-rates-ever/

 

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Myths: we’ve all heard them before, whether they’re about eating carrots to help you see in the dark, not drinking coffee for fear of stunting your growth or waiting an hour to swim after eating.

Myths are everywhere, and it’s sometimes harder than you’d think to tell which you should believe and which are completely false.

Stephen Jury, Spokesperson for Plentific said, “We all have that one friend or family member that swears by an age old myth when it comes to home improvements and DIY. Whether it’s an energy saving tip or secret cleaning hack, knowing what actually provides results and what is a waste of time can be tricky.”

So, here at Plentific.com, we’ve compiled a list of ten popular home improvement and DIY myths that are false, to give you peace of mind when you decide to renovate your home.”

1. Solar panels don’t work on a cloudy day

With summer on the way, it may seem like the perfect time to invest and install solar panels, because everyone knows that solar panels need sunlight to work, right? Wrong! Although solar panels do work best on a sunny day, they are still functional on cloudy days. This is due to their ability to absorb UV and infrared light on cloudy days so that they can continue generating energy.

2. Leaving the heating on low all day is more efficient

Many people believe that leaving the heating on low all day is more efficient than turning it on as and when you need it. This  topic is widely debated on various heating and energy platforms, with the general consensus being that because no home is completely airtight there will always be a small degree of heat escaping from your home throughout the day.

Therefore, you will always waste heat, even if your system is on low. Only having the heating on when you need it would mean that there is no heat to be wasted when you’re not around, saving you money.

3. Bleach eliminates mould spores

This is a common misconception due to the fact that bleach will kill and remove the visible mould in question. However, bleach will not be able to get rid of the mould spores altogether. This can be done with a scrubbing brush, water, and an appropriate cleaning product such as detergent.

Once the cleanup has been done, it’s worth also investigating the cause of the problem and then treating it effectively to prevent the mould from returning. Remember, mould can be as bad for your health as asbestos!

4. Painting a radiator will make it more efficient

While it is a scientific fact that darker colours are better at absorbing and transmitting heat than lighter colours, covering a radiator in dark paint will not improve its efficiency.

The main way that radiators work is with ‘convective heating’, which essentially means that the radiator heats up the air around it. This is why some radiators have grooves or wings, as they increase the surface area and expose more air to the heat. Painting over a radiator can actually insulate this heat, which will in fact make the radiator LESS efficient!

5. The best time to water the grass is the evening

Another scientific fact is that heat evaporates water, so you would be forgiven for thinking that the best time to water your garden is in the evening once the sun goes down. Watering in the evening does have some benefits for soil, in that it is able to soak up and retain the water more efficiently. However, this also creates an ideal breeding ground for mould, fungi and other potential problems for your garden.

The best time to water your grass is, in fact, during the morning when the sun is first rising. This will ensure that the grass has time to absorb as much water as it needs to before the sun evaporates the excess throughout the day, preventing diseases and keeping your garden looking fresh for longer.

6. You can kill trees using copper nails

It’s an age old myth that copper nails can kill trees, but in an ordinary healthy tree a copper nail will not have much of an effect. In fact, it’s thought that some plants use copper as a source of proteins that are essential for photosynthesis. There have even been cases of trees being chopped down to reveal rings of copper nails that the tree has actually grown around!  The only way it seems this myth can be proved true, is by attaching a copper nail to the end of an axe when chopping it down!

7. Asbestos always needs to be removed for health purposes

Although in some cases this is true, there are exceptions where there is no need to remove asbestos within your home. Contrary to common belief, asbestos isn’t actually harmful to your health unless the fibers become exposed or disturbed due to home renovations or decorating. Still, although materials containing asbestos won’t necessarily affect your health if left alone, it’s always important to check them on a regular basis for wear and tear as this is when damage can be done.

8. Put conkers in your window sill and in the corners of your bathroom keeps spiders at bay

Many people will remember visiting their grandparents and finding little piles of conkers on the window sills and in the corners of the bathroom. The myth is that conkers contain a harmful chemical that wards off and can even kill spiders, making them ideal as a natural repellent. However, there is no scientific evidence to prove that this works. Instead of leaving conkers in your room to repel spiders, why not pop a couple in your wardrobe to keep moths away, as this is one myth that is proven to get results.

9. Coffee grounds unclog sinks  

This myth could be doing your sink more harm than good. In fact, coffee grounds are among some of the top causes of blocked drains. Emptying coffee grounds down a sink will create a build up of thick slushy material that may require a plumber to unblock. Some plumbers even compare it to pouring cement down the sink!

10. Turning your electronics on and off at the plug uses more energy than leaving them on standby

Switching appliances to standby mode instead of turning them off is a fairly common habit that many people have. Unfortunately, many electronic devices on standby mode will continue to use energy if the power is not cut at the source or the wall socket.

While some people believe turning devices on and off at the wallplug generates a surge in energy greater than leaving appliances on standby, this is often not the case. Having said that, the belief that turning off appliances at the switch stops the use of energy is also, in fact, false.

 

Source: http://www.propertyreporter.co.uk/household/top-10-household-myths-busted.html?utm_source=Email+Campaign&utm_medium=email&utm_campaign=21136-204729-Campaign+-+02%2F05%2F2017+MC 

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In recent years, Leytonstone has seen an influx in purchasers having sold their apartments in areas such as Hackney, Stoke Newington and Shoreditch.

Prices having risen as much as 24 % in Hackney over the last two years and have enabled such clients to sell at a profit and upsize with larger deposits.

Leytonstone, Leyton and Walthamstow areas seem to have been targeted for it’s recommended OFSTED schools, excellent transport links in to the city whilst also offering better value for money.

Victorian houses and flats seem to be the main source of attraction providing high ceilings, and in some cases original fireplaces as well as other period features.

The new wave of young families purchasing in Leytonstone have the best of worlds enjoying city life as well as the peace and tranquillity of open spaces such as “Hollow Ponds Boating Lake” or “Wanstead Flats”.

 

 

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Selling or buying a home can be daunting at the best of times. Victor Michael are here to assist their clients during this process, giving them a personable service to make this process, and life easier to bare.

Spring is the optimum time to sell a home. Regardless of whether it’s a buyer’s market or a seller’s market, inventory almost always rises in the spring. Why? Because the largest number of buyers are actively searching for a new home during the months of April, May and June.

While mortgage rates have risen in the last year, experts say 2017 will still see strong home sales as job growth continues and people who’d been waiting to enter the market take the plunge into homeownership. To attract buyers in any season — and sell for a good price — sellers need to show their homes in the best possible light. That means cleaning up the interior and exterior, removing personal items that could distract potential buyers, adding a fresh coat of paint, and deciding which upgrades and repairs will deliver the best return on investment. Of course, real estate is a hyper-local industry, so national trends may not hold true in all markets. A good estate agent can help you understand what buyers in your area are looking for and how to appeal to them.

What if I’m not ready to start selling yet?

Simple, don’t sell. It’s much more important to choose a time that works for you. If you rush your home on to the market without preparing it and yourself, could set yourself up for a fall. And if you do get a buyer, you want to be able to move as quickly as possible before they can change their mind.

Take some time first to make sure you have your home looking its best. That doesn’t necessarily mean spending thousands of pounds on huge renovation projects – just take some time fixing the little details, such as wonky gates and cracked toilet seats.

Remember, Victor Michael will be here, waiting for you when you are ready…

 

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As if there isn’t enough stress involved in buying and selling a property, once the purchase is agreed it’s far from over.

Here is some top tips to ensure your move goes as stress-free as possible:

1. If you’re renting, you’re in a strong position. Keep the rental property for an overlapping week (or as long as you need/can afford) to make the process deliciously smooth.

2. There’s an idea that moving on a Friday is a good idea, but we think Tuesday is the best day, especially if you have young children. Take Monday, Tuesday and Wednesday off work, giving you Saturday, Sunday and Monday to get ready; move on Tuesday; then Wednesday to straighten things up while the children are at school. The weekend’s not far away for a final push. The good news is that removal firms generally charge less for a Tuesday, Wednesday or Thursday move.

3. Spend several months pre-move having your children’s friends to stay, so you can call in all sleepover favours over your moving period. Farm out children, pets, or any other member of your family who won’t be a positive asset to the process.

4. Don’t even think about packing the contents of your house yourself. Look at the removal costs as part of the big picture and get the pros to do as much as possible. (You will of course already have de-cluttered and dispensed with anything that, in the words of William Morris, ‘you do not know to be useful or believe to be beautiful’).

5. If you find you are moving a box that hasn’t been opened since your last move – now is the time to get rid of it!

6. Use your pre-move time productively by obsessively labelling boxes with their contents AND which room the box should go into on arrival in its new home. Use as much colour coding, labelling, post-it noting and organisational brilliance as you can muster.

 

7. If you’re downsizing, build in as much time as possible between exchange and completion to give you adequate opportunity to dispense with the possessions you will no longer have space for.

8. Not all removal companies are the same (or charge the same). Personal recommendation is generally best, but social media is extremely helpful for finding the best suppliers of this kind of service. Get quotes from, and meet, three companies before you make a final choice.

9. It’s better to find a removal company that is local to your new home than to use one in your existing area. You should be able to advise them about local access and parking issues at your existing home, and they will have a good understanding of any problems in your new area.

10. If you’re moving out of London, bear in mind that London removal companies charge like angry rhinos as soon as they see a postcode outside the M25. And if you’re moving down the road, don’t be tempted to do it yourself – it’s no easier to move 300 metres than 300 miles, so grit your teeth and get over it!

11. Check and double check access. Several smaller vans are more flexible than one big one, but it will cost more. If you’re relying on on-road parking space for the removal van, speak nicely to your new neighbours before putting some cones out.

12. Take a picture of the metres at your old home as you leave the premises, and the new ones as you cross the threshold. That way, arguments with utility companies are easy to resolve.

Finally, stay calm, and try to see the funny side if things don’t go according to plan. The chances are you will be gaining anecdotal entertainment on which you will be able to dine out.”

Source: http://www.propertyreporter.co.uk/household/top-tips-for-stress-free-house-moving.html?utm_source=Email+Campaign&utm_medium=email&utm_campaign=21136-202776-Campaign+-+18%2F04%2F2017+MC 

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