Changing the look of a flat without the cost

Changing The Look Of A Flat Without The Cost

Topics: New flats

People in their twenties are more likely to rent a place if they are not in a position to buy their own property. What people do not know is that there are plenty of new flats available around in the UK usually at an affordable rate, which may also include bills and council tax in the rent payment.

Often one may also find that new flats are offered to first-time buyers under an attractive deal, which could be in the form of shared ownership, a discount on the deposit, reduced interest rate for the first year of your mortgage and more. These are probably a good step onto the property ladder as it allows the buyer to purchase a property without the risk of placing all of their eggs into one basket. Shared ownership deals are more common with new flats and houses, offering first-time buyers a percentage for the ownership of the property (on average between 30 - 45 percent), in which they make an additional payment on top of their mortgage as rent.

Ideally a mortgage deal such as this one is offered to anyone earning a certain annual salary amount, which is usually around 25,000 pounds and above. For people looking specifically for new flats to buy then this is a good option to take. Shared ownership schemes are also offered to key workers, which can be teachers, police officers, nurses, educational psychologists, social workers or other key workers (related in government or health care work). This is a government initiative that allows a key worker to buy or rent a property with added financial help.

As there are many people in the UK who are keen on owning a property, the best move would be to look into these offers, which could be a ticket to finding a place of your own. Shared ownership can help others to purchase their own place eventually, however this is certainly not something someone jumps to in haste as plenty of research, planning and calculation should always be completed before making the final decision.

On the flip side there may be people who have been fortunate enough to have bought their own property and are now struggling to make mortgage payments or are looking to rent out the property. As mentioned before, the trick is to know what the tenants are looking for. When potential tenants are searching for a property, particularly when looking for new flats or houses, they are very often looking for something that is close to their place of employment, with internet access, near local amenities and spacious. Some will even go as far as seeking a monthly rent payment that includes all of their utility bills and council tax payment.

As a vendor it is important to present the property well, because many look for a place that is spacious, light and open; therefore when you have potential tenants looking to rent out a place then it is important that the flat is kept in pristine condition. One does not need to spend a lot of money on professional cleaners or pay for redecoration.

Simple measures such as arranging the furniture so that it brings out more space and allows room for walking around in will help make the room appear larger. Avoid clutter, in terms of unnecessary furniture in each room, because this can over crowd a room and make it look smaller than it is. A good way to utilise the furniture is to invest in dual purpose furniture, such as a footstool that can double up as a storage compartment for magazines and newspapers. Also armchairs and sofas should never be moved into small and cramped places. Buy furniture that is just the right size for the living room and light in colour.

The colour scheme of the rooms should always be neutral, but it can also have a warm tone to it. For instance the safer option is to use beige, cream, or off-white. Warmer tones can either be yellow, red, orange and brown. You can always coordinate and match each colour e.g. painting three walls in a lighter tone and painting the fourth wall in a darker tone. This gives the room more depth. Using mirrors on the wall can be effective in creating more depth, but use these strategically and place them so they look like an attractive art feature.

Finally accessories. If you are trying to bring out space in the property then the last thing you want to do is to make the place look bare. Therefore, clever little accessories will bring life to the place and make it appear more homely. Light coloured curtains that coordinate with the rest of the property is better in making the place look like there is plenty of space in the room. Candles on the bedside table and flowers on the dining table are a nice feature, but avoid going overboard. Remove any clutter and keep surfaces and floors free of obstacles. Unless it is a cold and snowy day, open some windows and allow fresh air to circulate around the property.

Using simple measures such as those mentioned above can work for people looking to sell their property; therefore it is a good idea to think about what the buyers want and what one should do in terms giving out a good first impression.

Anna Stenning has researched how to present new flats and houses that have recently been built and placed on the market, to better improve the prospect of finding potential tenants and buyers. For more on finding newly built properties visit www.exploreliving.co.uk


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