Latest UK Real Estate News

Posted on April 26, 2021 at 12:06 pm

Housing prices have been increasing since earlier this year with the government committed to supporting the housing market. The Budget announcement saw two elements of change to help increase housing market activity levels. The first was that the Stamp Duty holiday will be continuing, until June for purchases up to £500,000 and the end of September for those up to £250,000. After this, the thresholds will resume to pre-pandemic levels. This will hopefully continue to provide relief for home buyers, for a bit longer, than the previous March Deadline.

Additionally, the lender guarantee scheme of 95% was brought in to help provide a boost to the mortgage market. This scheme seems very similar to the Help to Buy Mortgage scheme that was used back in 2013 and 2017. Hopefully these two programs, endorsed by the UK government, will help provide the stimulus needed in bringing the housing market back out of the pandemic slump.

Posted in Home Development

Top 5 Ways to Add Property Value

Posted on April 10, 2021 at 1:24 pm

Home/Property owners are often considering ways in which they could add property value to their home. There are quite a few options out there, but these are the most common 5 ways:

1. Garage Conversion- you can convert your garage into additional living space to raise value by a possible 15%

2. Loft Conversion- turning your loft into extra living space, for a possible 15-20%

3. Splitting a house into flats- in areas where flats are in high demand this is an excellent way to maximise rental income or possibly raise property value by 30%

4. Cellar conversion- upgrading your cellar into extra living or storage space can bump property value by 30%

5. Kitchen Extension- creating a kitchen extension, possibly by a side return may increase value by 15%

All of these options are incredible ways to increase your property value or rental income. Most of these options also typically do not involve planning permissions, dependent on the extent of the work you want done.

Posted in Home Development

A High-End Finish in your Home

Posted on September 26, 2018 at 7:59 pm

As a home developer or, indeed, a homeowner, you want your property to have a high-end finish. If you live in it, then this finish is your to enjoy, and if you rent out the property, a quality finish will give you better rental income. Here are some factors to consider when making your property as high-end as possible:

  • Natural light is key. Use as much light as you possible can – everything looks better in some beautiful daylight. A modern, flat glass rooflight will never go amiss in a property, so think about installing one that is both beautiful and will add to your home.
  • Beautiful decorating. Choose quality flooring and make sure you use a premium paint or wallpaper on the walls.
  • Log burners. This will always add a premium touch because it is something that not everybody has. A log burner will go such a long way to creating a home with the right ambience.

Posted in Home Development

How to Deal with Damp in a Home

Posted on September 29, 2017 at 10:11 pm

Whether it’s the home you live in or a home you rent out, it is your responsibility to make sure your property is properly damp-proofed. It can ruin a building if it becomes infested with damp and condensation, as this inevitably leads to mould and other structural problems. Make sure you tackle damp early to get on top of it.

The first thing to do is to make sure you home is well insulated. If you don’t have good insulation in the walls and the loft, get them installed. Put in double glazing or, in a listed building, install additional glass screens inside the windows to keep it warmer.

Make sure the property has adequate ventilation. The condensation that is formed needs somewhere to escape, so the property needs to be well ventilated. Open windows when drying washing, when cooking or when using the bathroom and have a good extractor fan in place.

Posted in Home Development

The Benefits of Renting Out a Property

Posted on August 30, 2017 at 11:35 pm

A property is a great asset for you and you should look for ways to make the most of it. One of the most beneficial ways to use your property is to rent it out, using it to generate an income and bring in rent on a regular basis. If you own a property outright or you are currently paying off a mortgage, you will be able to rent out the property and bring in a decent amount of money.

Renting out a property is far more beneficial than having an empty property. If it is your home and you are going to be away for a while, or you have perhaps inherited a property, think about renting it to some tenants. You don’t necessarily need to make it a long term rental and you may be able to just rent it out for a few months at a time to see how it goes.

Posted in Home Development

How Electrically Hinged Glass Rooflights Can Add Value to Your Home

Posted on July 31, 2017 at 2:51 pm

The current global economic crisis has hit many families hard, jobs have been lost, salaries have been cut and as a result, many families have been forced to cut back. So you may be thinking is this the right time to making home improvements? Well surprisingly yes! Although the property has seen a drop in value recent months due to the decrease in demand for property, generally speaking over time property will increase in value. So making a home improvement such as installing a skylight can be a valuable home improvement that can both improve the marketability of your property and save you money too in heating and electricity related costs. (more…)

Posted in Home Development

Regular Inspections – the Cornerstone of Property Management

Posted on March 13, 2017 at 2:30 pm

If you don’t take regular visits to your rental property, how can you know what needs doing to it? You should ensure you schedule in regular inspections so that you can visit your house or apartment, check it over thoroughly and see whether the tenants are experiencing any issues. As a responsible landlord, never neglect your inspections.

Many landlords will end up being surprised at the state of their properties if they leave it too long before their next visit. This could be due to tenants not looking after it properly, or it could just be the case that appliances and décor deteriorate quicker than expected. You must make sure everything is working correctly to keep your tenants happy – remember it is their home, and it is much easier for you as a landlord to keep your current tenants happy than it is to look for new ones. If you find you need to do any work after an inspection, make sure you do it as quickly as you can.

Posted in Home Development

Home Developments in 2017

Posted on December 29, 2016 at 10:08 pm

It’s that time of year where people are making their New Year’s resolutions. If you aren’t quite sure what you’d like to do to improve your lifestyle in 2017, why not think about doing something to your home? It doesn’t necessarily have to be something overly complicated, but it has the potential to make such a difference to the way in which you live on a day-to-day basis. Here are some of the things you might think about doing to your home in 2017:

  • Building an extension. Ok, this might not be the most simple of projects to undertake. Chances are it will take a long time and a lot of planning. However, if you do decide that it’s the right time to extend your living space, it will make such a difference to your home (and might even add a great deal of value).
  • Improving your fascias. Fascias might seem like a small matter, but they can really change the outside of your home. Getting them replaced or even just painted will make your home look as good as new.
  • Converting your garage. If you have been thinking about making your garage a usable space, do it in 2017. You will really appreciate the space that you are able to free up.
  • Getting some new windows. This will go a long way to improving your insulation and making your property look beautiful. It really can make such a difference to the outside and the inside.
  • Changing the layout of your home. You can free up a lot of space by knocking down some walls and changing your floor plan to match your lifestyle. If you have a separate kitchen and dining room, perhaps consider making them one large kitchen diner to give you more space to enjoy with your family and friends.

Posted in Home Development, Uncategorized

Getting a House Ready to Rent

Posted on November 30, 2016 at 5:23 pm

Buying a house or flat to rent out is an excellent investment. It will bring in lots of extra money through rent, and even if you have a mortgage to pay on it, the rent should still leave you with plenty of profit if you buy carefully. You will need to make sure that you have got the property up to a good standard ready to rent out. Here is a quick general to-do list before your tenants move in:

  • Make sure there is fire safety equipment. Check the regulations – these will differ in properties of multiple occupancy. However, it is generally good practice to make sure that your tenants havefire-fighting-302586_1280 easy access to fire extinguishers and fire blankets.
  • Check that fire doors are in place where necessary. These should again meet with regulations and will give you peace of mind.
  • Redecorate. This won’t take a lot of work and you may even be able to do it yourself, but making sure that everything is finished off to a high standard can actually help you to increase your rental income by charging tenants more money.
  • Get boilers serviced. If the boiler breaks down over the winter, this will be far more expensive and inconvenient, so make sure it is in good working order first.
  • Decide whether you will go through an agency. If so, they will be able to find tenants and arrange contracts for you. If not, you will have to do this yourself and will need to ensure your tenants have your emergency contact details.
  • Make sure there are plenty of electricity sockets fitted. This is something that is very easy for an electrician to install and it will make such a difference to a tenant’s quality of living – they won’t need to use extension cables for everything.

Follow these steps to make sure your tenants will be happy in your property and won’t have any complaints. It’s much more beneficial to have happy tenants who will enjoy living in your property and will want to keep extending their contract.

Posted in Home Development, Uncategorized

3D Modelling in Construction

Posted on October 31, 2016 at 2:31 pm

3D modelling is a process by which construction professionals are able to design and plan a building project using computer aided design software. It is becoming increasingly more sophisticated and people are relying on it more than ever within their construction work. It has been described as a revolutionary process that has completely changed the face of construction, allowing it to be efficient, safe, cost effective and environmentally friendly.

The process of using data to produce a 3D model is known as BIM – building information modelling. It is very useful for architects and designers as it can produce such detailed and lifelike results. It can be used to replicate buildings of all kinds, or even to replicate multiple buildings as was seen at a recent construction expo where a 3D digital model of London was showcased.

BIM has become so useful to us because of the way in which it allows us to understand a building. It can simulate anything from doors and windows to the systems that will be used within the building, giving people a thorough understanding of how a building will operate.

Modelling has some very obvious benefits in terms of health and safety. The deep level of understanding it can give us is especially useful in the early stages of planning a building, as architects can ensure that their solutions are practical, realistic and safe. If any obstacles present themselves, BIM can be used to help overcome them safely. This can help to cut costs as well – issues should be far more readily apparent than they used to be, meaning that construction professionals won’t need to spend extra money fixing them. This is something that has been very much welcomed by the health and safety and construction industries alike. It makes the construction process and the actual use of the completed building much safer for everyone involved.

Innovations in modelling and CAD also have many ramifications for the energy efficiency of a completed building. By using these kinds of technologies, defects can be reduced, making it easier to construct buildings that will stand the test of time and use energy efficiently. Data can also be calculated to help the people who will occupy the building use it in the best way they can.

Whilst it is very useful when putting a building up, CAD design can also inform the way a building is taken down. It can allow construction professionals to asses how to dismantle a building to have minimal impact on the environment, and will ensure that materials are either reusable or suitable for recycling.


Posted in Home Development, Uncategorized