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Travel and Fun

Making An Investment Abroad

Posted by on Jun 27, 2017

Discover the potential advantages of overseas property investment and learn about the main differences between investing in property abroad and in the UK. You can find property with restlessearth.com but why should you?

Why invest in overseas property?

If you’re considering how to invest your money, you may be attracted to overseas property by claims of better capital growth and higher rental yields than buy-to-let property in the UK. There’s also the added advantage of having your own holiday home which you can visit when it’s not being let out.511728582

However, there are many responsibilities that come with letting a home and it may be harder to fulfil those responsibilities for overseas properties. It could also be tougher to get to grips with the different laws and taxes surrounding property ownership in a foreign country. You can get support when you buy with restlessearth.com.

Where to invest in overseas property

If you want your overseas property to be a good investment, it’s important to think long-term.

Property experts will constantly highlight new markets they deem to be investment hotspots and you may be able to find bargains in countries where prices have fallen dramatically, but it’s often wiser to buy in more established markets. This will be a safer long-term investment and it’s likely to be easier to find a good mortgage deal if you need one. Our guide on mortgages for overseas property explains more. Make sure your property is in an easily accessible location with good local amenities and in an area popular with tourists. Don’t forget to take into account the holiday season in the area – many tourist destinations virtually shut down when it comes to the end of the season.

Find out what the going rate is to rent similar properties in the area to get a realistic idea of how much you could make. Or, even better, if the property you’re considering buying is already being rented out, find out how much the current owner charges and how many weeks per year the property is occupied for.

Finding tenants for your overseas property

Attracting business and managing the property yourself could be difficult, especially if you’re in the UK most of the time. It can be a good idea to market your property through a local estate agent but you will need to take its fees into account, especially if you want the agent to manage the property. Cheaper marketing options include dedicated holiday lettings websites. Word of mouth through family and friends is another good way to find potential paying guests.

Rental income

You must pay income tax on rent you receive. You can deduct some expenses from your rental income to reduce taxable profits, but only those that relate to your lettings business (not to personal use). You will also need to make sure the property is up to a certain standard.  Factor in cleaning costs, maintenance costs and the possibility of void periods when deciding whether overseas property investment is for you.

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Why Moving House Is Fun!

Posted by on Jun 19, 2017

511728582Taking the time out of your life to move house is a big undertaking. You need to spend several weeks, even months, packing your entire life and moving from one place to another. The collusion of companies working together to make things work for you is an important job and all you want is to have everything move smoothly. Moving house is a huge commitment and with moving day looming, you realise that you can’t put off the packing any longer. Choosing the right moving experts in Granbury is never an easy decision but ensuring get reviews and life references from companies by people you know is key for moving day success. You need to make sure you have enough boxes and think ahead to reduce any potential disasters on moving day! The following tips have been put together for you so you can make sure you have everything covered with your moving company.

Before you start, consider what you do not need to take with you. You need to work out what will need careful packing and make sure you have moving insurance to cover potential breakages. Make a priority packing list and make sure you show this list to your removals company. Take time to sift through your belongings and have a proper clear-out. You can make up a box for charity and if you have the time try and hold a few car boot sales to sell the things you don’t need. The proceeds of your sales can be put toward some redecorating or new carpet for your brand new home. Calculate how many boxes you will need and discuss this carefully with your chosen moving company especially if they will be the ones supplying what you need. Don’t just get the one size and try and get boxes that hold crockery: there are some excellent boxes with separate slots for plates now so you can keep them from breaking when you move. Try not to overfill larger boxes though I know it’s tempting!

Leaving a little room in the boxes will mean that you won’t break an arm trying to move them. Use sturdy boxes particularly for the heavier items. If you use corrugated cardboard boxes you reduce the risk of your things breaking through boxes and them being strewn all over the floor. All hazardous materials like bleach, paint and aerosols should definitely go into separate boxes to keep them away from the rest of your stuff. Unless you travel light, you won’t be able to unpack everything in the first day so it’s worth deciding what you might need easy access to as soon as you cross the threshold of your new home.

Make sure you pack an essentials box for the first night in your brand new home and carry it with you. Instant access to coffee, tea, kettle and snacks will be very welcome. Set up an online shop for food to be delivered the same evening you move in as then you have a fully stocked fridge for the rest of the week. This is particularly important if you have a young family as you’ll need to make sure you have breakfast things in the next day. Bread and milk are an absolute staple. Prepare an overnight bag alongside this so you have easy access to toiletries.

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Rules For House Moving

Posted by on Jun 19, 2017

Moving house is a huge commitment and with moving day looming, you realise that you can’t put off the packing any longer. Choosing a moving company is never an easy decision but ensuring you choose the right company is key for moving success. You need to make sure you have enough boxes and think ahead to reduce any potential disasters on moving day! The following tips have been put together for you so you can make sure you have everything covered with your moving homes in Stephenville.11564771_ee24bf7e9e_o

Before you start, consider what you do not need to take with you. You need to work out what will need careful packing and make sure you have moving insurance to cover potential breakages. Make a priority packing list and make sure you show this list to your moving houses in Weatherford. Take time to sift through your belongings and have a proper clear-out. You can make up a box for charity and if you have the time try and hold a few car boot sales to sell the things you don’t need. The proceeds of your sales can be put toward some redecorating or new carpet for your brand new home. Calculate how many boxes you will need and discuss this carefully with your chosen moving company especially if they will be the ones supplying what you need. Don’t just get the one size and try and get boxes that hold crockery: there are some excellent boxes with separate slots for plates now so you can keep them from breaking when you move.

Try not to overfill larger boxes though I know it’s tempting! Leaving a little room in the boxes will mean that you won’t break an arm trying to move them. Use sturdy boxes particularly for the heavier items. If you use corrugated cardboard boxes you reduce the risk of your things breaking through boxes and them being strewn all over the floor. All hazardous materials like bleach, paint and aerosols should definitely go into separate boxes to keep them away from the rest of your stuff. Unless you travel light, you won’t be able to unpack everything in the first day so it’s worth deciding what you might need easy access to as soon as you cross the threshold of your new home.

Make sure you pack an essentials box for the first night in your brand new home and carry it with you. Instant access to coffee, tea, kettle and snacks will be very welcome. Set up an online shop for food to be delivered the same evening you move in as then you have a fully stocked fridge for the rest of the week. This is particularly important if you have a young family as you’ll need to make sure you have breakfast things in the next day. Bread and milk are an absolute staple. Prepare an overnight bag alongside this so you have easy access to toiletries.

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