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Buying a house sight unseen

By Tepilo on

Could you buy a home without viewing it? It may seem far-fetched, since the viewing has always been a traditional part of the home buying process, but for a lot of property investors, it's not a home they're buying, it's a product. Furthermore, sometimes the demand for housing can be so high that average home buyers as well as wealthy real-estate investors look to jump-start proceedings. So if you're looking to buy a property from out-of-town, or you simply don't have the time to attend viewing...

Have UK property prices peaked?

By Tepilo on

If you're a property investor looking to cash in on your investment, now may be the right time. Multiple reports suggest that property prices in the UK have reached their peak, and if they can't go further up, you know there's only one way they can go. This is good news for buyers, but worrying news for sellers. Naturally, if you've invested in a property you want to reap maximum benefits. However, the decision of whether or not to sell is never an easy one to make, even when property market an...

Buy in haste, repent at leisure

By Tepilo on

When property prices rise steadily, first-time buyers might be tempted to ‘buy while they still can,’ but buying property is a serious commitment and it’s quite understandable to ‘fear where you tread’. Here are five reasons why you shouldn’t rush into it. 1. The high probability of a property bubble In a 2013 poll, 20 out of 29 economists said the prospect of another house price bubble was likely and many believe the bubble will burst. The problem with buying in a property bubble is that if y...

Kitchens take more of our money and less of our time

By Tepilo on

With shows like the Great British Bake Off proving to be incredibly popular, it’s no surprise that Brits will spend the most money on their kitchens (just consider all the fancy gadgets you ‘need’). If you dig a little deeper, however, you also see that as a nation we are actually spending LESS time in the kitchen than before. Here is an interesting look at why the kitchen is set to swallow up your pounds but not you time: Each British kitchen has an average of 7 gadgets This adds up to 163 ...

How to survive a multigenerational household

By Tepilo on

What happens when grandparents, parents, kids and sometimes even grandkids occupy the same house? Does everyone live in harmony or do sparks fly? Typically it’s a bit of both, as the stress of living in multigenerational households takes its toll on families. Unfortunately, the rising house prices in the UK (and London in particular) are making it very difficult for young people to enter the property market. This is what’s forcing many young couples and families to move back in with their parent...

Restoring period pieces in your home

By Tepilo on

When it comes to buying a property that isn’t a new build, you will most likely need to do a bit of home improvement and perhaps even some restoration. If you’re lucky it will just be a lick of paint, and if you’re even luckier you will find some hidden gems along the way. Period features still have their place in the modern home, even more so in 2014 with oak and brass making a comeback. Don’t treat an original feature like any old pine If you sand and varnish a wooden floor, you might as wel...

Double your house for half the money: Turning a city terrace into a country cottage

By Tepilo on

In our new blog series, “Double your house for half the money”, we give you some tips garnered from our popular series. Today we give you a few tips on turning a dull city house into a country-inspired masterpiece. Get some inspiration Sometimes it just takes a little inspiration to turn your current home into your dream home. If you don’t know how to move forward, look at some show houses and decide on the must-have aspects you would like in your dream home, then decide how to incorporate the...

How to sell your first home like a pro

By Tepilo on

If this is the first time you are selling your house, don’t make the mistake of thinking it’s a case of listing your property and packing your bags. There is a lot of preparation, paperwork and promotion needed before you can get your price and move on to greener pastures. Stay well informed with our guide on how to sell a house, garnered from industry experts. Look at market conditions and get a valuation Your online estate agent will be far less sentimental about your property than you are....

Double your house for half the money: reclaiming your basement

By Tepilo on

It is possible to double your house for half the money especially if you have existing space that you’re not using to its best advantage? Attics and basements are two perfect examples of wasted space that you could revamp to be light and airy bedrooms. Today’s blog focuses on reclaiming your basement, inspired by our experience of transforming a pokey Victorian flat into a large family home. Work with light The biggest challenge of basement living is the lack of light, but don’t despair beca...

How taxing is my new house?

By Tepilo on

Budgeting to buy a new home is no minor task. You need to budget savings for a deposit, then budget for your monthly instalments and still cover additional taxes. We give you a quick rundown of what taxes you may need to pay and what tax you may need to pay if you sell again at any point. Stamp duty You have to pay stamp duty if you buy a property in the UK for over £125,000 (a house, flat or piece of land). The percentage of stamp duty you pay will increase as the purchase price of your prop...

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