Posts with tag: decor

The Front Door Colour that Could Help you Let your Property

Published On: March 22, 2017 at 9:20 am

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Competition in the lettings market becomes particularly fierce at this time of year, as tenants often look to move home during the spring. If you’re thinking of ways to better your chances of letting your property, it could be as simple as your front door colour.

The Front Door Colour that Could Help you Let your Property

The Front Door Colour that Could Help you Let your Property

It turns out that property viewers can sometimes be just as picky about the exterior of the home as they are about the interior, so making a good first impression with the front door colour is essential.

If you’re struggling to let your property or need to make some updates, simply giving the front door a fresh lick of paint could do the trick.

With the front door often being the natural route into a property, it is one of the most important external features to a prospective tenant, and one that they are likely to notice.

So which front door colour is the most popular choice?

According to a study by Westbury Windows & Joinery, painting your front door white could boost your chances of letting your property quickly.

As expected, stained and varnished finishes came in as the second most popular choice, with classy black in third.

Other popular front door colours include Oxford blue, post-box red and racing green – all very tasteful and timeless.

However, if you want to go for something more fashionable and on trend, paler tones such as grey, duck-egg blue and celadon green were also highly rated.

So which colours should you avoid? Painting your front door yellow, pink or lilac may well put potential tenants off!

When deciding on a front door colour for your rental property, remember to stick to classic colours or neutral shades – if in doubt, go white.

The research arrives following news that many first time buyers believe that it’s only possible to buy a home with a partner, meaning that around half of young people are living in rental homes.

Spruce up your front door colour in time for new tenants now!

How You Can Add £200,000 to the Value of your London Property

Published On: March 15, 2017 at 9:12 am

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Two architects have added £200,000 to the value of their London property by completely overhauling the former bedsit. And although they don’t advise anyone to live in the home while transforming it, it could be a good project for landlords…

Gary and Claire Tynan found it difficult to save for a home of their own while renting in north London, and originally planned to build their own property on a plot of land. However, this option was beyond their budget, so they decided to do up a flat instead.

The Canonbury bedsit they remodelled is 1,000 square feet and part of a 1870s historic building.

Having transformed it into a modern masterpiece, the pair has added £200,000 to the value of their home.

So how did they do it, and how can you too?

Open plan 

The biggest change is the open plan living room, which now takes up half of the whole flat. Divided by a huge partition, the space includes a living, dining and kitchen space.

The design is stylish, smart and practical, with lots of ideas on how to split the space and encompass storage, which is always a winner with tenants/buyers.

Although the building had a quirky warehouse feel that the couple liked, the kitchen was tired and old-fashioned. Reworking the living area into a spacious and practical space with monochrome finishings completely altered the feel of the home.

The bathroom 

The bathroom was particularly bad when the pair bought the property – the grout was mouldy and the joists were rotting. But the couple acknowledged that it was light and had potential.

Sorting out the plumbing was particularly important, as the pair moved into the home while they were working on it. After sorting out the bedrooms, they tackled the “revolting” bathroom.

Ensuring a property has a contemporary, clean and practical bathroom is essential – it is almost as important as the kitchen when adding value to a home, so it’s worth investing in some quality fixtures and fittings.

Bedrooms

Although the flat is in a conservation area, you don’t need planning permission for most internal work (although you must check!), so adding in another bedroom was an easy decision.

The Tynans purchased the property in January 2016 and were already expecting a baby. This made having a third bedroom a priority, so they added a small nursery off one of the two main bedrooms.

Generally speaking, the more bedrooms you can offer a potential buyer/tenant, the more money they are willing to spend. But you must ensure that the space is actually big enough to be a bedroom and will be financially viable for you.

Design features

With a keen eye for detail, the architects have created a completely modern and metropolitan feel. Predominantly black and off-white, the property is a blank canvas that can be adapted as their family and tastes grow.

The most important aspect of the design to incorporate into your own investment is the simplicity. Not only is simple design currently very on trend, but it is also timeless and elegant – and shouldn’t cost too much money.

Taking the couple’s key themes on board, you can make essential changes to your property investment that will prove lucrative – both in terms of the rental income you can receive and capital growth potential.

Have you been inspired?

The Home Seller/Landlord Spring Clean Checklist

Published On: March 14, 2017 at 9:23 am

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Spring is a busy time in both the property sales and lettings sectors. If you’re selling a property or are looking for new tenants at this time of year, this spring clean checklist will ensure that your home appeals to all guests…

Online estate agent eMoov.co.uk has highlighted which spring cleaning jobs to tackle first based on the importance placed by prospective buyers. The agent surveyed UK homeowners and asked them to rank six property features on their importance when making a good first impression:

  1. Interior rooms, walls and ceilings 

Despite the exterior of the property being the first thing a buyer/tenant will see, the interior was ranked the most important aspect of the home and should be the first place you tick off your spring clean checklist.

Jobs such as making sure the property is de-cluttered, filling any holes in the walls, stripping or repainting the walls, and generally having a good clean took president over any other feature of a property.

  1. Exterior walls and roof

Once the inside is looking its best, the exterior of the home was the second most important factor when making a good first impression amongst viewers.

Make sure that the roof doesn’t have any leaks, the walls are showing no cracks and the grouting is smooth.

  1. The front door and porch

The front door and porch are the gateway to the property and are often the first things a potential buyer/tenant sees up close.

Ensure there are no old shoes or bikes cluttering the porch, strip any peeling paint and give the door a fresh lick of paint, as well as making sure it doesn’t stick.

  1. The Home Seller/Landlord Spring Clean Checklist

    The Home Seller/Landlord Spring Clean Checklist

    Windows and window sills

Although they are only small features, windows and window sills were ranked the fourth most important aspect of a property.

The quality and appearance of windows can play a huge role in showcasing your home, so make sure there are no cracks, they have all been well cleaned, peeling paint has been removed and a fresh coat applied.

  1. The garden

The garden can often be neglected throughout the winter, so bringing it back to its full potential is the fifth point on your spring clean checklist.

As with the interior of the home, remove all clutter and rubbish, mow the lawn and trim the hedges to showcase the full size of your outdoor space. Repair any loose or broken fence panels or paving stones, and give them a good clean.

  1. The driveway and garage

The driveway and garage were voted the least most important factors for potential homebuyers. They can be big, time-consuming jobs, so leaving them till last can better help manage your time.

These external features are more of a bonus rather than a necessity, so buyers/tenants will view them with varying degrees of importance. Knowing they have space for a car or additional storage is more important than the state of those areas.

The Founder and CEO of eMoov, Russell Quirk, comments: “This research goes to show that first impressions do count, but where housing is concerned, the initial judgement of the exterior comes second to the internal appearance of a property.

“Where buyers are concerned, it would seem they prefer to be underwhelmed by the outside of a property and pleasantly surprised by the inside rooms, rather than visa versa.”

He explains: “It makes sense as, when we look to move house, the internal rooms are the places we will actually be spending our time. You are immediately sat within them and so, if they aren’t up to scratch, it can be a put-off. But if there are aspects of the exterior you aren’t necessarily keen on, then not only can these always be changed, but you have a bit more breathing room in terms of settling in and unpacking before tackling them.

“A buyer will always view through their own personal lens, and there will be plenty of things they will change, but providing them with a solid, clean, neutral foundation can go a long way in securing a sale.”

Quirk continues: “It is interesting to see that the small details, such as the front door, the windows and window sills rank much higher than larger areas such as the garden and driveway. Again, it is these little touches that can stand out to a buyer and make all the difference to your sale.

“My wife has been on at me for a few weeks now to get our kitchen ready along with a few other jobs, so it is getting to that time of year when these things come to the forefront and buyer activity in the market also starts to heighten. Hopefully, this checklist will help the UK’s sellers prioritise appropriately when deciding which area to tackle first and aid them in making a sale.”

Redecoration a Growing Problem in Tenancy Deposit Disputes

Published On: November 8, 2016 at 11:40 am

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Redecoration is a growing problem in tenancy deposit disputes, according to the latest annual study from the Tenancy Deposit Scheme (TDS).

Redecoration issues now account for 32% of all disputes, ahead of rent arrears at 19%, but behind cleaning at 57%, and damage to fixtures and fittings at 51%.

Imfuna, the developer and provider of digital inventory app Imfuna Let, claims that interior décor is a growing concern for those in the lettings sector, as it causes the most confusion amongst landlords, letting agents and tenants.

The firm believes that the fundamental issue driving redecoration issues is a difference in opinion between landlords/letting agents and tenants. Landlords and agents frequently assume that tenants will

Redecoration a Growing Problem in Tenancy Deposit Disputes

Redecoration a Growing Problem in Tenancy Deposit Disputes

repaint a property at their own cost following a three or four-year tenancy, although they are not obliged to do so.

And while a few light scuffs after a six-month tenancy can definitely be classed as fair wear and tear, heavy markings, scrapes and several screw holes during the same length of time are certainly tenant damage.

The firm states that the longer the tenancy, the more allowance must be made for fair wear and tear.

The Founder and CEO of Imfuna, Jax Kneppers, explains: “Landlords and agents should recognise that there will be inevitable wear and tear to a property’s décor during a tenancy. However, clearly if there is damage to anything within the property, including damage to walls and ceilings, this is chargeable to the tenant.

“A thorough and professional inventory will capture the condition and décor at the start and end of the tenancy, and this should be used as evidence in the event of a dispute. Clear photographs and commentary detailing damage to anything within the property are vital if a dispute is to be resolved.”

He continues: “When looking specifically at walls and ceilings, the quality of emulsion paint will have an impact on how well walls will wear. For example, a new build will generally only be painted with a thin coat, which will wear much faster. A landlord may choose to cut corners and water down emulsion to make it go further; a landlord may also choose to use a good quality paint for the rented property, in the knowledge that the interior décor will be slower to show wear and tear.

“If a tenant has redecorated without prior consent of the landlord or letting agent in a non-neutral colour, then the cost of repainting can be charged to the tenant, as long as this is stipulated within the terms of the lease. The same is applicable if a tenant has allowed a sofa or other piece of furniture to continually rub against the wall, causing chipping and heavy rub lines.

“Other items not classed as wear and tear are nail holes, screw holes, blue tack marks, Sellotape, and additional cabling fitted either with cable clips or from a drilled hole through the wall. Grease marks and excessively grubby areas are not wear and tear.”

Kneppers adds: “When it comes to wallpaper, some discolouration will happen over time, and glued seams will slowly become loose and need re-fixing occasionally. Cheap wallpaper will tear and rub more easily than expensive wallpaper. With daily use, a few minor nicks to the surface of the paper are inevitable, as are a few light scuffs, especially in a heavy-use area such as halls and stairways. Tears to seams or any other part of the wallpaper are classed as damage, as are heavy rubs, which remove areas of paper.

“To clear up any confusion between landlords, agents and tenants, the property’s condition should be fully recorded through a comprehensive inventory at the start of any new tenancy, supported by a thorough check-in and check-out report.”

Landlords, have you ever had redecoration issues with your tenants? Read this advice to ensure that both parties understand their responsibilities.

Best Way to Prepare Your Property as a Landlord to Rent to Students

Published On: November 1, 2016 at 11:38 am

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Renting property to students is a path trodden by many landlords for several reasons. Firstly, students tend to rent for the entire duration of their programme. This translates to constantly occupied property and consistent income for landlords. Secondly, there is a lower risk of rent default amongst students, as the norm is to include rent in calculated academic expenses for the year.

However, as much as renting your property to students might be profitable, only properties adequately prepared to cater to the student audience will be inhabited.

It doesn’t matter whether you are planning to rent your property to students for the first time, or you’ve had student tenants for decades and your property needs to be renovated, here are the best ways to prepare your property:

  1. Provide white goods

You student tenants will prefer properties with items such as washing and drying machines, refrigerators, vacuum cleaners and others. Providing them with such items increases comfort and makes cleaning easy. In addition, this helps the students save the money they would have spent on cleaning and maintenance bill at the end of the year. Most students will ignore your property if they have to use a laundrette or go through the inconvenience of doing laundry at a friend’s house.

  1. Embrace quality furnishings
Best Way to Prepare Your Property as a Landlord to Rent to Students

Best Way to Prepare Your Property as a Landlord to Rent to Students

For the modern day student, shabby and chic no longer work. Your property will command more attention if it has higher quality finish. You should focus on providing simple, easy to clean and modern furnishing.

Look beyond installing the typical furniture (think bed, wardrobe and desks) and consider adding utensils and gadgets. Extras like flatscreen TVs are not out of place. They are now common in modern student accommodation, especially where rent is marketed as all-inclusive. These little extras will not eat deep into your income and can impact positively on the attractiveness of your property on property advert sites like The House Shop. You can also comfortably charge a little bit more on a monthly basis.

  1. Consider providing free wifi

You can stay on top of your competitors by offering free wifi for your student tenants. Fast and cheap broadband is a big draw for tenants. The internet is more important than ever for modern day students. Saving them the hassle of finding their own internet service will surely impress most of them.

  1. Stick to dark colours

It’s a good idea to choose darker paint colours for students, even though it is common knowledge that using neutral colours may appeal to the average tenant. You can avoid wear and tear while keeping your property looking clean and smart by using dark colours such as dark brown and grey.

  1. Keep privacy in mind with layouts

In many student properties, the physical layout is very important. Even when students live in large groups, they do not want any compromise on privacy. This is why properties with separate suites and multiple bathrooms are more appealing. However, this shouldn’t rule out a well-furnished communal room for housemates to converge in. The room can be a recreation room or a standard large sized living room.

  1. Incorporate electric instead of gas

As mentioned above, student life is a new experience for most of your target audience. Incorporating electric instead of gas into your property will reduce accidents that may occur with people cooking for the first time for example. Regardless of what the insurance policy looks like, you don’t want to hear about a fire incident at your property at any point.

  1. Make the flooring easy to maintain

Wooden floors are regarded as the best option for the average tenants, but for students, it is not a practical option. Cheap and easy-maintain options such as linoleum will help you avoid expensive maintenance while reducing your initial spending. Do you have wooden flooring in the living areas already? Consider using lino in the bathroom and kitchen. These are two points that see the highest degrees of wear and tear, as they require regular cleaning.

Follow the above guidelines to help you prepare for your student tenants, keep you property fully rented at all times and keep maintenance costs at affordable levels.

How to Make a Stylish Living Space on a Budget

Published On: October 12, 2016 at 8:20 am

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A stylish property is unlikely to stay empty for long, and there will be more demand from potential tenants looking to rent.

However, with all the costs involved with furnishing a property, it’s not always financially viable to decorate with all the latest trends and most expensive furniture.

That said, it is possible to transform a home into a stylish space using cheap but durable furniture, and simply rearranging the furniture and making the best use of the space, and it doesn’t have to cost much at all.

Install good lighting

Tenants appreciate a house with a lot of light. Bright and airy properties let quickly, especially in the main living room and kitchen. Avoid fluorescent lighting as it can tire the eyes and make the room look off-colour.

Cheap but durable

If the property hasn’t yet been furnished, don’t try to spend a huge amount. With one trip to IKEA, you can furnish a house with durable pieces for a reasonable price. For example, if your tenants are students, their rooms will need a desk and chair to do their assignments on. Most people need bedside tables and a chest of drawers as well.

Combine function and style

How to Make a Stylish Living Space on a Budget

How to Make a Stylish Living Space on a Budget

Combine function and style by using an attractive piece of furniture as storage to free up space in the house for your tenants. Having less clutter around will make the room more spacious.

Place a chest of drawers against the wall to store items and hide clutter. Your tenants can use it as a display for photographs, candles or jewellery. You don’t have to spend much, and you will have an attractive piece of furniture that will keep the property neat and organized. If you have a staircase, you could insert some subtle pull-out shelves underneath it too.

Rearrange the furniture

You don’t necessarily need to spend money to create a stylish living space. If the property is already furnished, simply changing how the space is used can result in a completely different house.

For example, move your desk to the window – the better lighting and views outside might help your tenants focus on work. Moving the sofa to face the fire place will help them relax after a long day at work.

Try not to get personal

Try to avoid letting your personal taste dictate how you decorate the house. Everyone is different so try to stick to standard decorating.

Painting is one of the cheapest and easiest methods for transforming your living space, and a fresh coat of paint can do wonders for the interior, giving it a fresh look.

Keep in mind that painting your rooms with lighter colours will make the room seem more airy and spacious, whereas darker colours make it cosy but more cramped.

Take the time to really consider what you want the property to look and feel like, and then you can decide how to spend your money and achieve it.

Make sure the property is ready for viewings

When people come to view the property, make sure it is presentable and looks like a house people would want to live in. Details like cushions and throws on the sofa, sheets and pillows on the bed will make the house more appealing and homely to potential tenants. If the property is unfurnished, make sure it gets a lot of natural light so it feels bright and fresh.

Keep all your receipts

Keep receipts for every purchase you make, no matter how cheap. Everything spent on redecorating can be offset against your tax bill.

Turning a property into a stylish space doesn’t need to be a hugely expensive project. Taking the time to install good lighting, rearrange the furniture, and add a fresh coat of paint are just a few of the ways to give the house a makeover on a budget. As long as you are patient and make sure each change you make to the house is long-term and exactly what you want, the house will look fantastic in no time and tenants will be lining up to rent it.

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