When you’re developing a property it’s important you keep costs down as much as possible, as every penny you spend eats into your profit, and renting somewhere else while you develop a house costs you money. Saving money by living on site in a development isn’t the great idea it might seem at first. When …
Monthly Archives: December 2008
Can you still develop property in the current financial market?
You cannot have failed to notice the global economic downturn the world has been experiencing of late. Banks are going under, businesses are going out of business and the housing market has crashed. Financially speaking, it’s doom and gloom for all. But is it really? Can you still develop a property in today’s economy and …
Do it yourself or have a letting agent take care of it?
In the current housing market many people are finding that they can’t get themselves a remortgage when their current fixed rate deal expires. This means they’re left with the option of selling their house, or if they can, letting it out. Of course, when it comes to letting out a house you’ll probably need to …
Keep it neutral
When you’re looking to do up a property in order to sell or let it, the one biggest piece of advice that everyone should follow is to keep the décor neutral. It can be tempting to put your own stamp on a property, but doing so is both a financial waste, and a hindrance towards …
Stop arguing with Sarah Beeny
Anyone who’s ever watched the property development show Property Ladder will know that cutting costs during your development is essential. For example, there’s no point spending £1,000 on a bathroom sink unit and £1,000 on a toilet pan when you’re trying to make a profit on selling the house. However, it seems that most people …