London is one of the most sought after places to live on the planet. People from all corners of the world would love the chance to live in this energetic and vibrant city. Whether you’re moving closer to your family or for your job, living in London is unlike anywhere in the world. You have incredible shopping destinations, endless culture and fabulous entertainment right on your doorstep. But due to it’s popularity, buying a home in London can be challenging. From high house prices to finding a suitable area, there is plenty of things you must consider. To make the process easier, there are three things you must do first.
Do your homework
London is an enormous city that is full of different boroughs all of which have their own unique qualities. Use accommodation search engines, talk to friends and search on Google to establish which boroughs might appeal to you. Do plenty of research into each one including property types, transport links and local entertainment. The house prices will also vary from borough to borough and how close you want to live to the city centre. So find out what the average prices are as this will help you budget and plan ahead. If you have a family, you should also research what schools, parks and attractions are in each borough too. This should help you choose some viable places to start your search.
Visit the city
It’s not alway wise to move somewhere you have never been before. So if you have never visited London before, you should always take the time to do so before moving here. You may find that city life is not for you after all or that the areas you can afford to buy in aren’t what you thought they would be like. If you have visited before, you should still visit again but from the perspective of a buyer not a tourist. You can spend your visit contacting Canary Wharf estate agents or viewing potential properties. Try to fit in as many viewings as you can to see what options are available. You can also use this time to explore the borough’s you researched previously. Doing this will help you determine whether moving here is right at this moment in time.
Look for work
With people from the UK and beyond looking for employment in London you face stiff competition. The sooner you start your search for work the better. If you work for a large company, you may be able to relocate to their London office. Or you might want to look for something completely different to what you are doing now. Sign up to recruitment sites or contact an agency to help you find a suitable role. Securing work should be a top priority as it will help to fund your new home and life.
Whatever your reason for wanting to move to London, these tips will help make the transition go a lot smoother. Take the time to do each action and carefully consider each decision you make. Acting on impulse may sound exciting, but it could have expensive repercussions.
Tags: budgeting, business, capital, economy, ideas, investments, money
Budgeting, Investment, Miscellaneous, Money, Property, Real Estate, Rent
Anyone that invests in property wants to sell it on for a profit. That is rule number one in the real estate investment handbook. Yet, it is something that lots of investors can seem to do for neither love nor money. In fact, thousands of investors in the real estate market end up losing money. Why? They lose money because they don’t make the right moves. Selling a property is a like a game of chess, and only the grand masters win. If you want to sharpen your skills, take a look at the following.
Think About The Resale Value
The fact that you have bought the property for X amount of money means you need to upgrade it to get your money back. Houses are like cars in the sense that no one will pay the same amount for it if it is second-hand. The only way to boost the price is to add features that homeowners want and will pay extra for to save them the hassle. For example, a conservatory will add a lot onto the value of your home. But, it saves them from paying for it and having to build one. In the end, everyone’s a winner. The trick is to find the features that add money and don’t cost a fortune.
Sell It Quickly
Sorry to be the bearer of bad news, but a slow sale isn’t good for business. That is bad news because properties don’t tend to go that quickly anymore. In fact, some can stay up for sale for months and years. The longer it goes on, the more you have to cut the price. Otherwise, you won’t be able to entice a buyer into making a bid. The perceptive among you will understand that you have to sell your home fast to make a profit. A quick sale prevents the sale from going down dramatically. For more info, follow the link above.
Find A Good Realtor
A good realtor is worth their weight in gold. The first thing to note is that they are professionals with skill and experience. So, they know how to sell a property. And, they also know how to spark interest in a property. From your point of view, that is brilliant. It is brilliant because the demand bumps up the cost of the property. When you have a multitude of interested parties, you can start a bidding war. At the end of the war, the one with the most money wins. Can you already see money signs in your eyes?
Choose When To Sell
Just like a chess game, you have to decide when to make the right move. You want to make a move sooner rather than later. At the moment, people are feeling better about their finances. As a result, interest in the housing market is starting to boom again. If you leave it too late, you could miss out on this initial boom. That will leave you with negative equity on a property that you can’t sell for years.
These tips won’t assure you a profit. But, they will make it more likely to happen.
There are many times in your life when you might require a lawyer. But, how do you hire the best one for the job? In today’s piece, I’ve written you a short guide on hiring legal representation:
Check Their Track Record
It can be hard to figure out whether or not you’re hiring the best lawyer possible. One easy way to determine this is if you check their track record. See how many cases they’ve won and lost over the years. Typically, the best lawyers will brag about their record. If they win more than they lose, you can bet they’ll let everyone know about it. It will be plastered all over their website to show off how good they are at their job. If you can’t find anything about their track record, then you should enquire. To put yourself in the best possible situation, you want a lawyer that wins the majority of their cases. It’s also important that you take their experience into account as well. You need someone with years of experience behind them, as this can help them get the result you need.
Look For Specialists
Different legal cases require a different type of legal representation. There are many types of lawyer that are best suited for particular legal needs. If you need help with a personal injury claim, then you should go to a personal injury lawyer. Should you require help with a will, then there are firms like Ronald Fletcher and Co. that specialise in this area. Different people have different legal needs; it’s important you find a specialist lawyer that fits your requirements. It doesn’t make sense to hire someone that rarely ventures into the legal field you need help in. When looking for lawyers, check what services they offer and whether or not they fit your case.
Always Check For ‘No Win No Fee’ Offers
I find it’s crucial that you look for a law firm that offers no win no fee on some of their cases. This means that if they don’t win, you won’t have to pay them a penny. You find these offers in most personal injury and negligence cases. I think it’s essential to look for this, as it can save you lots of money. No one wants to pay for a lawyer that ends up losing their case. By hiring someone on a no win no fee basis, you give yourself a bit of security.
Understand Your Budget
The final piece of advice I can give you is arguably the most important. It’s key that you understand your budget and don’t pay for more than you can afford. You must recognise that legal disputes can go on for a very long time. Overpaying for a lawyer can mean that you end up struggling for money.
There are many problems in life that can be solved with the help of a lawyer. It’s important you realise how to hire one correctly. Hire the wrong lawyer, and you could end up in a very bad financial situation.
Tags: attorney, business, costs, economy, law, legal, money, rates
Budgeting, Business, Law, Miscellaneous