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Ready For Anything How To Prepare For Home Emergencies Survive Your First Property Investment Tackle Those Everyday Household Problems in Your Home Just Breathe: Ways To Manage Your Money While Moving

Ready For Anything How To Prepare For Home Emergencies

One of the major differences between renting a home and owning one is that if anything goes seriously wrong, its all down to you. There will be no landlord paying for expensive boiler repairs, or no management company arranging for an emergency plumber to come and fix a leak.

Youre on your own, and when disaster strikes – which it inevitably will – you need to be ready. But heres the thing – how can you prepare for the unexpected, particularly if you have no experience of these disasters happening before? Were going to explore a few ideas you can use right now, so read on to find out more.

 

Invest in fire extinguishers and first aid kits

First of all, make sure that you are ready to deal with accidents in the home with a first aid kit – it can really make a big difference to when it comes to first response treatment. And the potential of a fire occurring at any point is a very real one – so invest in a few fire extinguishers, ensuring you know the difference between colours and uses – you need a different extinguisher for electrical fires, for example, than you do for your furniture going up in flames.

Get the best possible cover

Insurance is one of those incredibly dull and dubious things in life we all cant abide, but have to bite our tongues and get on with. But dont just pick the first policy you come across – take some time reading the small print and ensure that you have the right levels of cover. Its also important to check your policy every year or so to make sure you have enough cover. Whenever you make a new major purchase, renovate, or even buy a dog, your insurance needs to change.

Build an emergency fund

Another great way to ease the pain of a household breakage or disaster is to create an emergency fund. In an ideal world, it will be somewhere between 3-6 months of your current income levels, and it will allow you to pay for emergencies of breakages without impacting on your usual spending and saving.

Seek out favourable borrowing

You may have to borrow money to make repairs on your home, but its important to ensure you choose a company that offers the best possible deal. Using quick loans is an option, of course, but only if you can guarantee you can pay it back as soon as possible. You might try applying for an interest-free credit card, too – so you can pay back the amount you borrow over 12-18 months and avoid any interest charges.

Get to know your local trades

Every community has small armies of tradespeople who offer electrical, building, repair and plumbing services. But lets be honest – in every community, there will always be some that are better than others. As a homeowner, you should be looking to find reputable, experienced tradespeople and firms that you trust, so when the time arises you can call them straight away to help out.

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Survive Your First Property Investment

If youre thinking about investing in property, you might have a slightly skewed perspective. Speak to people who have already invested in property and generally, theyll tell you how much money theyve made and how easy it was. They wont tell you about the struggles they faced, and they will probably fail to mention that it took longer than expected. Surviving your first property investment isnt easy, and if youre not careful it can leave your bank balance dry and you emotionally drained.

That said, there are steps you can take to avoid the issues and make sure your first property investment is a brilliant success.

 

 

Speak To A Broker

One of the first mistakes you can make investing in property is buying the wrong place. Basically, you need to make sure you avoid buying a property that doesnt have the potential to be profitable in a future sale or through letting. Properties like this have major issues that will require expensive repairs.

You can avoid this completely by making sure you use the service of a broker. A property broker will only recommend buildings, houses, and flats that have most potential. Just like a stock broker, theyll recommend these investments to you so you can decide whether they are worth your time and your money.

 

Budget Wisely

There is no getting around the cost of a property investment, and were not just talking about the initial cost of purchasing the property. If you are preparing the property for let, you will need money available for renovations and perhaps even furnishings. Of course, there are always ways to cut the costs and still guarantee that you have a brilliant place where people will want to live. Companies such as Flambard Williams have some fantastic buy to let tips that could really help you here. Although one option would be to buy an entire block of apartments and then furnish it with furniture bought in bulk. By doing this, you can save a lot of money from one purchase.

 

Dont Grow Too Fast

You might be eager to grow your property investments, and this is understandable. Particularly, if one seems to be going quite well. For instance, you might have bought one flat, let it and decided to invest in another. However, this could be a mistake because when you do this, the costs can quickly grow out of control, rather than the profits. Instead, you should focus purely on your first investment and wait at least a year before taking another risk.

 

Remember The Hidden Costs

Finally, there are a number of costs that come with investing in property that might not be apparent at first. For instance, if you are buying an apartment you might need to pay money to the owner of the building for maintenance. In cases like this, the easiest way to handle it is to take that into account when choosing how much to charge in rent. The trick is to plan your budget so you are always in the green and constantly think in terms of the worst case scenario. Do this, and you will survive your first property investment.

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Tackle Those Everyday Household Problems in Your Home

Giving your home an injection of curb appeal doesnt have to mean you must seek a renovation. It doesnt have to mean you must go for a big build. It doesnt have to mean you must use the services of an interior designer. No, you can give your home a fresh curb appeal by simply taking to tackling the everyday household problems within it.

 

You can start by tackling those stains that seemingly just wont budge. You will probably have noticed a whole host of stains and smudges around your home that are contributing to its current lack of curb appeal. Whether they be watermark rings induced by drinks not being put on coasters or bathtub rings brought about by overuse of the tub, you should take to tackling them.

 

One way to tackle the former, the plight of the watermark ring, is to combine equal parts olive oil and vinegar and to rub the subsequent concoction onto the inflicted area. And once it is gone, make sure to use coasters in the future so that you dont have to deal with the problem again! To tackle the menace that is bathtub rings you will need to take a different approach. One approach you can take is to dip a half-cut lemon in salt and then take to scrubbing it upon any rings you see. The combination of the lemon and the salt will form a cleaning product strong enough to wipe the dirt that has inflicted the porcelain. But just because it is strong, it doesnt mean you should be forgetting to add some elbow grease into the equation too.

 
Another common household problem in your home that you shouldn’t be forgetting about is dust. As you are probably aware, dust builds. And not only does it build, but it holds. It holds in carpets. It holds in bookcases. It holds on to anything and everything it can possibly hold on to. But it wont hold on to something once you start to tackle it. And to do so isnt a particularly hard job. You should start by dipping a cloth in a cleaning product of your choice. You should then take the cloth and wipe away the dust. Simple, isnt it? Well it does get tougher than that, upon occasion. If dust has built in the deepest and darkest crevices of your home you should wrap the cloth around a knife and then poke around in the crevice. But dust problems can be harder still. If you have ever taken to de-dusting a big area, where the dust is thicker and there are more layers of it, you can probably attest to the fact that it is a hard job. To tackle this kind of job, you should buy yourself a dust extraction product to help you, such as those offered by Bryson Products Ltd. You can also find face masks on offer there too, which are a pivotal piece of workwear when it comes to the task of tackling a lot of dust. If you value your lungs, that is.

 

You dont have to blow your budget in order to enhance your home. You can enhance your home by simply tackling the everyday household problems that try to bring it down every day.

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Just Breathe: Ways To Manage Your Money While Moving

Moving house can be stressful for a whole myriad of reasons. You never feel certain that the whole things going to work out the way you want it to until youre actually in your new home – and aside from all the logistical issues of packing up all your stuff and getting your kids acclimatised to a whole new space, there are also a lot of financial issues that you need to think hard about before you move. Here are some simple tips to help you manage your money while youre moving house.

 

Make A Budget

First of all, ensure that you make a budget. This will help you to become much more certain about exactly how much money you have and how much you can spend. Figuring out exactly how much you have to pay in taxes before you actually have to do so, will help you figure out whether you can easily afford a moving company or whether you should pay your friends and family in love and pizza to help you out instead. Being aware of your financial situation is the first step of learning to harness it and work with it.

 

Talk To The Professionals

Secondly, dont be afraid to talk to the professionals. If you have never bought a house before by yourself, or if youve split from a partner who always helped out with the financial side of things, or even if your money situation has recently changed, you might be feeling a lot of uncertainties. Remember thats okay – no one is sure of everything in their lives. But you shouldnt try to battle through alone as you might end up making mistakes and getting into a bit of a mess. Talk to a broker like Enness Private who will help you to figure out what exactly youre doing.

 

Get Prioritising

Thirdly, if youre looking around at your brand new home and trying to figure out what comes next, its time to start prioritising. Sure, you might want a shiny new waterfall shower but that doesnt mean that you shouldnt prioritise an extension that will mean that your kids get to have separate bedrooms. Before you think about what you want, think about what your new house needs. From there, you can make decisions that will benefit every member of your family.

 

Consider Your Other Costs

Finally, make sure that youve considered the costs of moving that you havent quite thought about before. For instance, packing materials can be pricey, and so can hiring a moving van. Cleaning services can cost a lot of money and you may not get all of your deposit back if youve been renting. You may have to pay for childcare or to put your pets in kennels safely so that you can move house without unsettling and disturbing them, and if you work freelance or you have to take unpaid days off to move then youll be losing out on money. Make sure that you consider all the costs of moving to work out your budget.

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Gawdon Bennet! Buyin’ Proper’y In The Smoke : Things To Remember. OK?

Knowing the lingo isn’t the only thing that you need to be up to speed on if you are looking to purchase a property in the capital. In fact, there are a lot of ins and outs that you need to be aware of to make the best of your investment. So read on to find out more.

 

Is the area up and coming?

One of the most important factors to consider when buying property in London is whether the area is an up and coming one. This can be easier said than done though because the gentrification of a borough can happen very quickly.

To help you with this look for signs like high-end stores and restaurants being open in the area. As this usually points to an influx of well-paid workers seeking accommodation.

Also rising rent and purchase prices are another sign that the area is up and coming. But when buying it’s important that you swoop in at the right time. So you aren’t paying too much and can still make a decent profit if you choose to rent or sell.

 

What are the transport links like to central?

Another very vital aspect of getting property investment right in London is checking how good the transport links are from that area to central London. This is particularly important for two reasons.

The first is that many people will work in central, which means that they want to be able to commute in the easiest way possible.

This could be by either tube or bus, and one of the most important things is that the distance from the property to the tube or bus stop isn’t too far. As this can really increase the desirability of the home. As it makes it a lot easier for the person that is living there to get around.

Secondly, it’s important to be near the transport links for when you are not working. This is because most people in London don’t run cars due to the traffic and congestion charge. So to get anywhere, they will need to use the city’s transportation system.

 

It’s it close to shops and pubs?

Of course, it not just about how good the transport link to the centre is, but also what the local area is like that is important when buying a property in London.

For example, flats and houses that are close to larger supermarkets chains, good shops, and decent pubs are going to be much more desirable than those that aren’t.

This is because they allow the resident to have a better quality of life, without travel great distances for everything. Which can be something that gets tiresome in London, after you have lived there for a long while.

 

Is there a garden or outside space?

Lastly, also remember when buying a property in London is that anywhere that has access to a garden or an outside space is more valuable than this that don’t.

Think about it if you are living in a city jammed full of people, with only limited green areas, having you own little slice of greenery can be a lifesaver!

 

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