Wednesday, 6 June 2018

How to organize your garage?


Have you checked your garage lately? After spending five figures or more in your car, you wouldn’t want it to wear off very fast due to poor garage conditions. Your garage is, therefore, an outstanding place to keep your car and safeguard it from rain, too much heat, bird droppings and branches that fall off among other things.
While a garage is a place where you keep your car, it is normal to keep other extra things that you are not using, e.g., and a large suitcase that cannot fit in your room, unused toys, yard equipment, left out paintings, gas cylinders and other auto care products.
When these things become too much in your garage, they not only interfere with your indoor space but also the safety of your car. Below are garage organization skills that you might want to know. 

1. Take everything out of your garage
Since your garage is full of many things, it can be better to take them out so that you can sort out what you need and what you don’t need. After taking them out, assess them, analyze and prioritize. If you have clutter in your garage, you will realize that you have no space for them. Visualize how you would like to use the area in your garage. You can even divide your garage into a zone so that you can group things at their place.
“For example, you can put all sporting equipment together, camping equipment in one space among other things that fall into the same category. What do want to store and what do you want to get rid of?” says Tom Davies from AccelerateHomes.co.uk
With that in mind, you will be able to analyze the use of each space in your garage and what you don’t need there.

2. Get rid of clutter
Clutter involves everything that you don’t need, whether it still has value or not. You might want to sell it or donate. It can be furniture, clothes, or toys. Whatever it is, you might want to store them at a local storage or donate it. As for other things that are no longer useful, e.g., empty containers or worn out clothes, you can dispose of them.
To know that something is clutter, ask yourself whether you love it, need it, when was the last time you used them and if you donated it, will it still be useful? You might want to get rid of broken containers. As for duplicate things, e.g., when you have two hammers, consider donating one so that you can economize space.

3. Clean the garage
Before getting things back to your garage to organize them, you should clean it first. Cleaning your garage when it is empty helps you to clean all the shelves and flow without any interference freely. Getting everything out of your garage and cleaning it will also give you an opportunity to paint it. If you want to tidy up because you’re moving out, the booking a team of post tenancy experts can be a wise choice, for the professionals will save you tons of time and effort for cleaning the entire property.

4. Label everything
If you have drawers in your garage, labeling will help you to stay organized. You won’t have to start opening every drawer when looking for something. Labeling also saves your time. You can put nails in one draw, screws in another and bolts in another one and so on. It can be a tedious task, but it is worth it.

5. Store paper goods elsewhere
Do you store old magazines and books in your garage? Sometimes you might find yourself doing that as a way of getting rid of what you don’t need in your house. However, books and other paper clutter can attract rodents in your garage, something that may be dangerous. Consider creating a shelf in your house and keep all useful books and files.

6. Take your refrigerator to your house
As a way of creating space in your house, you might want to put your fridge in the garage. However, that is not a conducive place to store it. It will drain a lot of energy if it stays in a place without air conditioning.  Besides that, moving from your house to the garage to get things from the refrigerator can be daunting. Keep it in your house so that it can be safe there and easily accessible.

7. Avoid keeping pet food in the garage
If pet food was part of what you usually store in your garage, you need to find a different location to keep it. You can consider keeping it in a sealed container if you have to keep it in your garage. This is because possums will sniff it out.

8. Avoid keeping your gas in the garage
Do you store lawn mower gas in the garage? Maybe you hadn’t thought about safety when keeping it there, but you should note that it is risky. It can cause fire anytime. If you have to keep it there, ensure that you install a carbon monoxide detector so that you can have peace of mind. It’s also well-worth looking into the best zero turn lawn mower and cut out unnecessary chores like storing gas in the first place.

9. Use open shelves instead of closed cabinets
Instead of using closed cabinets in your garage, you can use open shelves. With open shelves, you can easily scan what you have in your garage and stay organized. Look into the latest trends in interior and pick the one you like the most.
You can become messy easily with cabinets as you can pile up everything in them and hide the evidence.

10. Make use of the overhead space
Your garage can be a great place to store your stuff, other than safeguarding the car. Did you know that you can create space in your garage by using the garage ceiling?
Hang any stuff such as ladders, camping equipment and seasonal sports gear among other things.

11. Install high-quality window and door lock
“Sometimes theft may occur if you leave your garage door or windows open. It is your responsibility to ensure that you have enough security. Children can also play around and get inside the garage without your knowledge and get hurt. Ensure that you install high-quality locks and always keep it locked.” advise the experts from FirstSecurityServices.com
Your garage can serve you in many ways. However, if you don’t keep it organized, it can be a home of rodents and cause harm to your family. Keep it clean, organized and safe.

Sunday, 6 May 2018

Renting Your Property

Renting an apartment is a great way of generating good profits over a long period of time, so as long as you work things out the right way you will always have a chance of a good income. It will take some preparations and investment on your part but you can deal with it with relative ease. The following tips will give you the knowledge you need to start renting a property:

• Start by performing an inspection of the home, checking in advance for maintenance problems you may be having at the time. Repairs have to be completed fast if you want to put the property on the market as soon as possible. Deal with things fast and you will have no trouble at all.

• The tenants themselves will also need to make sure they have a good and secure place they can enjoy. One thing you will need to do is ensure you have the place ready for unforeseen situations and disaster preparedness. Smoke detectors will need to be installed at key locations and setup in working order before you can allow the place to be rented. Fire extinguishers will also need to be kept around and on hand just in case.

• Clean the place up as well as you can and make sure you have it prepared for your future tenants. All the doors, windows, blinds and other surfaces have to look as great as possible. You will also need to ensure the walls are refreshed with a good, fresh coat of paint if it needs it. Just look at the areas around the home and ensure you have things figured out in terms of both looks and maintenance so everything will be in working order. It will take some doing, but it will be well worth the effort in the end.

• Evaluate the furnishings and the appliances you have and consider whether you want to keep them there. Fixtures, appliances and furnishings are all a good addition to a home that will add value to it on the market and it will make it more desirable to your future tenants. Make sure you have things ready for the big day and you will have far greater success in finding tenants that are willing to stay.

• Get a legal lease document before you rent the property, as it is a necessary and unskippable step. You must either focus on the properties by yourself to manage them or you can find some experienced assistance in the face of a professional property management company instead. They can give you more information on a great number of subjects and they will allow you to spend far less time dealing with the management side of things, giving you a much needed hand in the process.

Click here for a list of best rated independent end of tenancy cleaning companies in London.

Monday, 16 October 2017

5 Tips on How to Prevent Common Causes of Landlord-Tenant Disputes in London

One of the leading causes of problems or disputes between landlords and tenants is a misunderstanding of the landlord's rights towards a property. Soon, disputes can arise, because of a time when it feels as though the rights you both possess are conflicting with one another. There is no denying the fact, that disputes between landlords and tenants can usually be stressful for both parties.

The good news is that if you follow some simple tips and consult your estate agents in Dulwich, you can avoid some of the common causes of disputes and help to establish a better relationship with your tenants.

Here are some of the common causes of disagreements with some tips on how you can avoid them.

1.     Cleanliness

Usually, cleanliness is the top cause of disputes between landlords and tenants. There many things you can do in order to help prevent the cause of dispute over a clean home.  The best thing to do here is to write to the tenants before the end of the contract approaches, through a Fish Need Water estate agent, you can remind them about their obligations. It is also advisable that you keep a copy of the check in documentation and send it along with any photos at that time to remind your tenant’s o the condition of the property before they shifted in to help them compare the condition.
Doing so helps to provide a useful reference for both parties to make sure they leave the property in the best condition, just as they found it.  Before putting up your property for rent, if you organised or hired a company cleaning service before the tenants moved in, you could pass the details to them so your tenants could use them to clean it before they hand back the property to you.

2.     Maintaining the Garden

Most tenants are not professional gardeners, so having an easy to maintain garden is always a good idea in any property you plan to let. You can also think of hiring a regular gardener into the price of the house rent and bring them to an open negotiation if the tenant wants to be able to do the gardening. You can also check the garden periodically with the rest of the property, so it has poor maintenance, tell your tenant they must think of tidying it up or the tenants will need to arrange a gardener before they hand over the property back to you.
In addition, you have to remember that your own standards could differ from the tenants and if they make a reasonable effort, even if it is not up to your standards, they have not done anything wrong. In order to avoid this, you may also prefer to organise a gardener as a part of the tenancy agreement.

3.     Damage to the Property

Tenants have to take care of their landlord's property, but landlords must equally allow some room for reasonable wear and tear. Often, a common issue is tenants wishing to hang their mirrors and paintings on the walls or shelves up. Before they do so, they have to ask your permission as the landlord and you can advise them at the time of repair if they need to make holes in the walls and leave the area just as they found it. Of course, unless you are willing, to have shelves up permanently.
As the landlord, you also have the right to suggest alternative fixings for the wall hangings, such as the use of sticky fixtures to hold kilos of weight. Accidental damage is something unavoidable and it is best that you make it clear of what you expect from your tenants if they end up damaging something accidentally in the check-in phase.
You should also have a thorough check in and check out to help in avoiding any disputes over things like whether there was some damage before the tenant moved in or not.

4.     Overall Maintenance of the Property

Having a property well maintained is the right of every tenant and the duty of a landlord. When problems occur, such as issues with the damp (could cause health damage too), boiler breaks down, it is important to address these quickly. Tenants who get the hint that their landlord is taking a long time to resolve these issues can often withhold the rent until the issue resolves. Clearly, this is not an ideal situation and it is important to prevent it as much as possible.

5.     Costs of Repairs and Cleaning

Usually, disputes could arise over repairs and cleaning, in which case both parties may agree or not over the cost incurred over these things. You should remember that legally, the money in the deposit is the tenant's money, so as a landlord; you need to have a strong case for claiming it. You will agree with the tenant when things need attention and be able to show any costs incurred are justified.
In order to avoid disputes between your tenants, it is best that have a transparent process and a clear document stating the rights of both parties. An agent is the best person to help you with this, so make sure that you choose the best one in your area.

Friday, 22 September 2017

Experience Invest reviews the rise of Build to Rent in the UK


Build to Rent remains a relatively new concept in the UK property sector. For many years, the rental market was mostly populated by mainstream property that had been snapped up by landlords, be they houses or flats. But in recent years, a new-found demand for rental properties from the so-called 'generation rent', and a much more scrutinising demographic to go with it, has meant the market has changed. 
Now, the rental market is resting its future growth on the adoption of a more European model, wherein properties for rent are specifically designed, built and sold with the rental market in mind. This type of property - like those seen at the Infinity Waters Liverpool and The Residence Manchester developments by ExperienceInvest - considers the needs of tenants in the target demographic. 
And although it's still a relatively new concept for the UK property sector, there has been a swell in purpose-built rental development over the last couple of years, with investors backing off-plan projects and securing themselves guaranteed incomes in the process. Here, we look at how the rental market looks as we near the end of the third quarter of 2017. 
According to data from the British Property Federation (BPF), the number of homes created by the fledgling Build to Rent sector already stands at around 16,000, with developers having been quick off the mark in the last two years. 
However, it's a look towards the future that shows where the real excitement comes in Build to Rent at the moment. Although London has had double the number of properties completed in this sector than elsewhere, this is set to change in the near future, with the regions actually greatly outnumbering London in terms of Build to Rent stock under construction. 
At present, London has 10,313 rental homes completed in the sector, compared to just 5,612 in other parts of the country. But thanks to a swell in demand for high-quality, purpose-built stock in growing cities like Manchester, Liverpool, Newcastle, Leeds and Birmingham, the regions are outpacing the capital, with 11,173 homes under construction, compared to a little over 9,000 in London. 
Overall, however, the Build to Rent sector appears to provide an exciting future for rentals in the UK. As the number of young people owning their own properties continues to fall, and a growing number of skilled graduates choose to rent instead, demand for rented accommodation will continue to rise. 
And it would seem like the Build to Rent sector will be able to answer this growing demand. At the end of Q2 2017, BPF data shows that when we include completed homes, those under construction and those at the planning stage, Build to Rent already accounts for nearly 84,000 homes, and that's while the sector is still at an early age. Evidently, the best is yet to come. 
Head to the Experience Invest website for more information about investing in offplan investment in the UK’s Build to Rent market.

Tuesday, 25 July 2017

Accounting Considerations When Buying Your First Home

Saving up to buy your first home can be quite a challenge. Many of the principles relating to business finances can apply equally to personal finances when you’re budgeting and figuring what needs to be spent and how to minimise expenses.  

How Much to Save

There’s more to saving for a house than putting together the deposit. The deposit will take up the bulk of savings, but additional expenses include things such as:

·         Lender’s Valuation - your mortgage lender will want to know that the property they’re lending against is actually worth the sum you’re asking to borrow. The cost of the valuation could fall on your shoulders, so try to get estimations for this from your lender.
·         Survey Fees — there are various types of survey you can have done to learn about the condition of the property. How much you’ll pay depends on the type of survey, with the most expensive being the full structural survey. In older properties this is worthwhile as there may be hidden, potentially devastating faults.
·         Local Authority Searches — will identify planning issues that might affect your purchase, such as building or highway developments.

Other costs will include stamp duty, solicitor’s fees, mortgage arrangement charges, and then there are moving costs plus insurances.

Creating an accounting spreadsheet, on which you note estimates for costs and charges along with actual sums needed for the deposit, then balancing this against income and daily/monthly expenses, with help keep track and monitor your saving progress.


Mortgages for Self Employed People

Getting a mortgage when you’re self-employed is a little trickier than for those with straightforward employment but not at all impossible.

·         You’ll likely need three years of self-employed accounts, showing the business is profitable and viable.
·         You’ll have the same borrowing rights regarding amount lent vs. income earned as anyone else.
·         You’ll need finalised accounts that have been prepared by an accountant.

Startups or very young business will find it hardest to secure finance. Before the recession, self-employed borrowers could often find self-certified mortgages where no proof of figures was required, but those days are long gone. If you’re self-employed, the advice of an accountant will prove invaluable for preparing your books in readiness for a mortgage application. In addition to business bank accounts, the lender may also require personal bank statements.

The need for accounting records that have been properly prepared by an accountant should be a major consideration for anyone planning to go self-employed before making a house purchase.

Reducing Your Spending

Mortgage lenders will want to look at how you manage your money on a monthly basis. This will include such basic items such as how much you spend on food or how high your telephone bills are, what you pay on maintenance, or what your school bills are if you have children.

Treating such spending as you would when keeping business records will help you keep track and show up areas where economies could be made. It’s a good idea to reduce your outgoings during the year before applying for a mortgage, especially if regular expenses show things like direct debits to casinos. Lenders will also look for evidence that you rely on regular financial help from parents or friends, so make sure any additional income is properly categorised to avoid ambiguity or misunderstanding.

The decision to buy your first home brings many accounting considerations with it, as you’ll be looking at a new set of outgoings with new types of regulations and responsibilities. Putting together a personal accounting system to help you stay on top of (and understand) your income and expenses will go a long way towards demonstrating your sense of responsibility to a mortgage lender.

Click here for a list of best rated independent mortgage advisors