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When renting out a property, it can sometimes be challenging to discover a home suitable for families with younger children. We want to ensure being a family while renting doesn’t limit your options, so as a landlord or tenant, child-proofing your property is a super important element when creating a family-friendly home. We have gathered a list of tasks that we believe are essential to establishing a safe environment for younger children on a property.
Installing safety gates
By installing gates in entrances or stairways, you can prevent children from gaining access to certain rooms and staircases, reducing the possibility of accidents. This allows you to have peace of mind when turning your back on them. As a landlord, these could be kept in storage and made available for family renters.
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As the year unfolds, the property market is continuing to surpass expectations. Instead of a great crash, we find ourselves in a bit of a sweet spot, as many home-movers stand to make a healthy profit on their current properties. But the even better news is that alongside this, you can enjoy reasonable pricing, opening the doors to a nicer home.
How much could you make?
According to Zoopla, 90% of homeowners who sold up in 2023 made a 25% profit, with the average seller of a £275,000 property making £74,000.*
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When diving deep into the world of property, it can sometimes feel hard to resurface. Constantly making payments month after month can become exhausting and may seem never-ending, but paying off your mortgage can truly be accomplished quicker than you assume.
We are here to shine a light on your mortgage this summer with simple tips on how you can accelerate your mortgage.
The benefits of accelerating your mortgage
Accelerating your mortgage may finally give you freedom from your monthly payments sooner than you expected. There are numerous benefits to accelerating your mortgage deal which could save you money in the long term.
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One of the joys of owning property is the doors of opportunity it can open. Even if you have no intention of renting out your property, there are lots of things you can do to make a bit of money from it. So here are a few ideas to inspire you.
Get a lodger
Taking in a lodger is a quick way to get some extra cash to pay those bills. The first £7,500 you make will be tax-free thanks to the government’s Rent a Room scheme. Interestingly, you do not have to be a homeowner to take advantage of this scheme, but the room must be furnished. It’s important to inform your home insurance provider, just in case. Doing this can work because it may offer a lot of flexibility for you and any potential lodgers.
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Navigating Your First Home Purchase: Expert Mortgage Advice for First-Time Buyers
Embarking on the journey of purchasing your first home is an exhilarating milestone. At Richard Kendall Estate Agents, we understand that it can also be a complex process filled with questions and decisions, especially when it comes to securing a mortgage. That's why we're dedicated to guiding you through every step, ensuring a smooth and successful transition into homeownership.
Understanding Mortgages: The Foundation of Your Home Purchase
A mortgage is more than just a loan; it's a commitment and an investment in your future. As first-time buyers, it's crucial to grasp the basics:
