Residential UK Property Investment Tips on Maximizing Space

UK-investment-propertyMaximizing space can be tricky especially when we’re dealing with a small residential UK property investment. But this should never hinder you or any of us from making wise use of every square inch of available space. What may seem limited may actually be bursting of potential. All you need is the right bag of tricks. Ready to unpack and let the cat out of the bag? Get ready because we’ve asked the experts and we’re not holding back.

Tip #1: Keep it neat and tidy. – The easiest and cheapest way to make any space bigger is simply to keep it neat and tidy. Piles of mess and dirt can easily clog up the room and make it appear smaller than it actually is. That and the fact that they are a complete eye sore.

Tip #2: Maintain a high window to wall ratio. – The higher and the bigger the windows are the better. Not only do they allow more natural light to come in and illuminate the space but they too create the illusion of larger rooms. What if the residential UK property investment you got doesn’t come with them? Use the magic of floor to ceiling curtains or even shelves.

Tip #3: Consider lofts. – With enough vertical space, you can further the floor area of any property by adding a loft. These can be effectively incorporated not just in bedrooms but even in kitchens too. This will also be particularly useful for small condominiums or apartments.

Tip #4: Be creative with storage. – The lesser items laying around, the bigger the available room will be. Cleaning and sorting out would be futile if you don’t have a proper room to put them in or a system to organizing them. Try investing in double purpose items like ottomans or bed frames with bottom drawers. Maximize space further by using vertical and corner shelving too.

Tip #5: Use sliding doors. – These fixtures are perfect for tight spaces because they require little to no swing room to function. They simply have to slide to the side against or into the wall.

Tip #6: Paint it bright. – Avoid dark hues as the main color of your walls. Opt for white and other bright tones to further open up a room. The same applies to furniture and fixtures.

Tip #7: Say yes to reflection. – Choose to invest in items that appear visually lighter such as tables with hairpin legs. Materials like glass, stainless steel and mirrors also do well for a small residential UK property investment as they reflect light and create the illusion of bigger rooms.

5 Reasons to Hire a Surveyor Before Purchasing Commercial Investments

surveyorBefore closing in on potential and coveted commercial investments, there’s a lot to be done. Buyers and investors will have to go through an entire process to ensure that the acquisition is indeed of value and is able to provide returns and serve the purpose for which it was bought.

Among one of the vital tasks that should be done involves hiring a property surveyor. But what exactly do they do and why should they be hired? Today, we’re giving you 5 reasons.

1st Reason: Asset Valuation

You need them first and foremost to help validate the current market value of the asset. There are a lot of factors included in such an assessment and if you’re not skilled enough, it would be easy for you to be swayed to believe false facts. You should know by now to never rely on sellers and brokers about numbers alone. They want as much profits and you want as much savings. You see the contrasting interests here? You have to check and surveyors are the trained professionals you need to ask help from.

2nd Reason: Cost Estimation

Apart from valuing the property, they will conduct examination and inspection to give you an idea as to how much ongoing costs, otherwise known as repairs and maintenance, you will be looking at once you do decide to continue with the purchase.

3rd Reason: Construction Guidance

They aid property owners and buyers when it comes to constructions, renovations and upgrades done to the commercial assets. They will help ensure that you are not building beyond its perimeters causing legal disputes and in ensuring that the structure is strong enough to be built upon.

4th Reason: Avoid Disputes

Surveyors can help commercial property buyers steer clear from the risks of disputes, conflicts and misunderstandings related to asset acquisitions, renovations, constructions and the like. This way civil litigations, its costs and consequences are best kept out of reach.

5th Reason: Fraudulent Deals

As an entrepreneur, buying commercial investments will have a massive impact on your businesses and its finances. If you make a misstep and engage in a shady or fraudulent deal then you’re signing yourself up for trouble. Surveyors can help avoid that dark and dreaded fate. They’ll keep you from paying for more than what’s necessary and for spotting too good to be true deals that have defects hiding in the corners.

Do’s and Don’ts to Maintaining Commercial Investments

commercial-investmentsDo you own a number of commercial investments? If you do then you’ll know that maintenance plays a huge role in the upkeep and functionality of any asset. After all, no property is going to clean up after themselves. You’ll need to take care of them in order for them to last, to increase in value and to remain useful.

That’s why we took it upon ourselves to gather a list of do’s and don’ts to maintaining commercial investments. Here, take a look and learn a thing or two.

Do service even the smallest of issues. Every problem starts small so you better act on it while it’s still manageable. A slight crack on the bathroom tile may seem purely cosmetic but if you let it be, you’re allowing water to seep through and weaken the foundations. Never underestimate seemingly miniscule issues. After all, it’s fairly easier to solve problems at the onset.

Don’t forget to run safety checks. Some issues don’t present themselves or become visible until later on. That is when they’ve come to their worst point. To better avoid such situations, running safety checks and inspections will do a lot of good. Plus, this shall also further confirm that your building or property is still serviceable.

Do integrate preventive measures. As the old adage goes, prevention is better than cure. Maintenance is not just about fixing problems. It also involves preventing them from ever happening. Various aspects such as upgrades and renovations form part of this effort. Plus considering the fact that you’re dealing with a commercial property, it’s bound to house more valuable assets which you’ll want to safeguard at all costs.

Don’t go with the amateurs. When having work done, see to it that you call in the professionals. Don’t cut on your costs and sacrifice quality in the process. It’ll do you so much harm than good and you’ll regret it later.

Do incorporate your costs to your budget. Expect repair and maintenance expenses to be there. They are after all ongoing costs meaning that they are to be expected on the regular for as long as you retain ownership of the commercial property. Putting it in your budget shall also make it feel less of a burden as it is planned.

Don’t experiment without knowing. Maintaining commercial investments should be done with absolute care and caution. You need to know what you’re doing. You simply cannot afford to experiment and commit a mistake. There’s too much at stake.