Should you Put your Rent up?
Rental income is important for a landlord, but it is also important for a tenant. As a landlord, you need to consider the whole picture before deciding if it would be the best move to put your rent up.
You need to be an expert in the local area when you own property. Keep abreast of all developments – know the standard of properties in your area, how much they are selling for and how much they are renting for. If you can, speak to other landlords so you can get to know the general climate.
If you feel that your rent is below the average for the area, then you may well consider putting up the monthly rental price. Before you do so, think about your tenants. If you are looking for new tenants, then try putting prices up to see if your property goes. If you have existing tenants, consider them as well – if they are good tenants, it may be worth putting your prices up less to keep them.
Big Factors that Determine the Cost of your House
There are plenty of deciding factors when it comes to finding out how much your house is worthy. One of the main deciding factors is location. The television show ‘location, location, location’ wasn’t called that for any particular reason.
A one bedroom studio flat in the centre of London could cost the same as a large four bedroom property in the town of Northampton. That’s how significant location can be. The number of rooms is another big factor, but extra bathrooms, larger areas and more variety of rooms will also increase the price.
Another aspect is the garden. It’s not always the first thing people look for but having a large garden essentially means you have the potential to expand the property, and this is a positive factor for prospective buyers. It means that you can grab the interest of developers or renovators and there are always companies on the lookout for properties that poses extension potential.
Selling a Property with a Binding Tenancy Agreement
Today there are many homeowners who rent out their property to tenants but there comes an awkward moment when the homeowners decide to sell up. When you have tenants in your property, you can’t exactly say ‘the house is being sold so you need to leave’. They have signed a contract and their entitled to fulfil that contract.
The only problem is it’s no longer up to the owners when it comes to showing the property to potential buyers. Viewings will need to be organised with tenants first, and if they’re not happy then a viewing will need to be rescheduled. You also have to trust the tenants with the condition of the house, and if it’s not well looked after, potential buyers may be put off.
Some tenants will understand and make the process as easy as it possibly can be, but you owe it to your tenants to treat them with respect. They entitled to stay in the house until their contract is up, and you must work your house viewings around the tenant’s requirements, after all they are renting the property.
What To Think Of Before Building A Glass Room Extension
A closer look at the home improvement scene reveals that more and more people are opting for glass room extensions instead of the usual additions. The rise in popularity can be credited to a number of reasons. First; cost of glass and related accessories has become more affordable. Second; ready-made units are available from the factory. Third; glass always has a unique appeal. Nonetheless, prior to having one made at home or even office, it is necessary to mull over the following factors.
Pre-built or Custom-made
The extensions come as pre-built units or you can design it from scratch. Pre-built extensions are easy to install, save time as well as energy. This makes them well suited for people who need the room within a short time. However, they lack the personal touch or may not match the building perfectly. Building the room from scratch requires more time and effort. Nonetheless, the extensions will match the environment or building. Also, since they have been customised, they will have a personal appeal.
Extensions made of glass serve a wide range of purposes. Some people may use them as additional working space, others may use them as a green house or conservatory, while some will simply relax and enjoy the outdoor feeling. Rooms for growing plants may require clearer glass to allow maximum light. For personal use, tinted or frosty glass may be used. In case children will be using the room, then the design and furniture arrangement should restrict them from playing near the glass.
Usually, people will construct the glass room extension simply for beauty. Considering that it is used as an entry as well as exit point, a person will want the visitors to notice the elegance when visiting. Consequently, the room should not only be elegant but should also enhance the ornamental appeal of the surrounding. There are several ways of making the room standout. These include using a unique design, making the extension the focal point, and also clearing any obstacles.
The glass extension should not only improve the appearance but also the value of the home. It is therefore necessary to research on the most striking design, top quality structure, and also use proper workmanship. Failure to do so may water down the value of the building despite the room costing money. Tips to coming up with a valuable structure include comparing different designs, visiting buildings that have the glass additions, and also interacting with people who already own them.
The functionality and ornamental appeal of extensions made from glass in never in doubt. In fact, compared to other types of extensions, glass still has an upper hand. The main attraction being the feeling of being outdoors yet you are inside the house. The room may be used as a dining area, a conservatory, extended working area, and more. Nevertheless, to make the room fully functional, you may need to install gas fireplaces and also special heaters. Adequate research, due diligence and proper planning is paramount when about to construct a glass room extension.
Property Maintenance Companies
Property maintenance companies are a great thing to have available, particularly if you are a landlord with multiple properties. Managing and maintaining a property can include a lot of small jobs, or a couple of big ones. The job of a property maintenance company is to bring all of the services required in maintaining a property together, so that they can get all of the work done. It could mean a gardening service, cleaning, or even some type of building repair. There are a number of different things which may give you cause to hire such a company; perhaps you’re leaving the country for an extended period, and you need somebody to look after your home, or you could have multiple properties, and you want them to look after your second home, or you have multiple properties, and you want them to make the building fit for rent. Whatever the reason, a good property maintenance company should be able to assist you.