Why invest in Surrey residential property

Surrey is one of the richest counties in the UK. It performs well in terms of education, health and food. The quality of education in the county is quite good. The rich opportunity offers countless prospects for both real estate investors, and having a rental house in the area ensures a constant flow of income.

It houses many international schools as well as international students. This means that there is a growing demand for rental houses such as apartments. More residential properties, therefore, will be needed to meet surging demand for rental homes. The presence of amenities like access to public transportation, health care, water, police protection and schools also influences demand.

The underlying forces of supply and demand make a good reason to invest in Surrey. Also, the lower capital values and rising rents are attracting more and more investors into the real estate market. It is also worth noting here that Surrey is close to London, meaning rental fees are quite expensive.

Another reason to invest in Surrey residential properties has to do with social factors. People in the UK have the primary desire for companionship and territory. Plus, prestige and cost of the county motivates people to desire the place. Factors such as pride of ownership, education and standards of living are normally considered before one can try his or her hands on residential property investment.

There is a booming business in the county. Considering that there are hundreds of multinational companies, such as Toyota, McLaren, BP, Sony and other knowledge-based businesses, real estate investors might want to tap into the local market by investing in residential houses for a constant source of income. Surrey is also a home for key industries such as pharmaceuticals, advanced engineering and ICT.

Tourism is another key factor that makes the place attractive to investors. The woody county of Surrey attracts a good deal of tourists on a yearly basis. One will have a fun time there while living quietly in his or her own home. Having a place to stay will certainly add to the fun for the tourists. It is therefore a great place to invest in.

Buy-to-let property is another lucrative form of real estate investment in Surrey. It is basically the process of buying a property with the primary intent of renting it out. In Surrey, anyone can buy a property and rent it out, provided they adhere to the law and pay their taxes.

In conclusion, investing in Surrey residential property is highly recommended. Over the long-term, properties often appreciate, and in Surrey and the UK at large, rental fees tend to grow by a certain percentage every year. This is an additional bonus of investing in residential property.

Kerala Travel The Deep Spiritual Awakening

Kerala, god’s own land, is known for their cuisine, scenic beaches and fascinating performers. But, deep to its core, this tropical land has a sense of spirituality. Discover the depth of their lives and realise that simplicity of local residents is a choice that stems from this inner sense of spirituality. You do not need special tailor made Kerala packages to witness this spiritual commitment in daily lives. You can also plan your South India tour packages well to explore it.

Shrines:

There are several shrines in Kerala. In fact, quite a few Kerala packagesare designed to visit sacred shrines in Kerala. The world’s richest temple stands in Kerala; Padmanabhaswamy temple in Thiruvananthapuram is known for it. But, from a synagogue in Kochi to St. Georges Cathedral in Karingachira, cultural practice of prayers, seeking blessings and chanting are assimilated into daily lives to locals. It is a wonderful experience to visit shrines and experience it. It is a very moving experience in South India tour packages.

Traditions:

Every tradition in Kerala has a deeper meaning and it is a sacred occasions and offering their prayers. Each community in Kerala, be it Muslims, Kerala Syrian Christians, or Namboothiris, has their own culture and traditions. There is no wonder that cultural fabric of kerala is so vibrant with different rituals and practices of these communities. It reflects through way they greet, show respect and celebrate festivals.

Festivals:

Festivals have a deeper spiritual reason for celebrations. Diwali is victory of good over evil, but it is also a celebration of return of Lord Rama to his kingdom after 14 years of exile. There is no wonder that most customs related to these festivals include prayers, chants, aart is and distribution of sweets as deity’s blessings is part of every festival. You will need to plan your Kerala package right to get a chance to witness this grandeur. You may chance upon it if you visit a temple at a right time. Festivals like Onam are the best occasions to plan your South India tour package around.

Kerala packages have special ayurvedic treatments, which offer healing and relaxation. Though, several tourists avail these treatments on their South India tour packages, very few people know that these treatments rise from ancient scriptures of Vedas, which were designed to permeate concepts of moksha or liberation. So, explore how these historic nuances seep get woven into daily routine on your next South India tour package.

Important Advice for Owner-Builders: Finance before you Build your Dream Home

It is a dream for owner-builders to build their very own new home. There is no greater satisfaction for owner-builders than to admire their new home. Building a new home requires great amount of work and money. Often owner-builders spend their money on the following things:

• Excavating their land; and
• Pouring the slab.

It is only after they have completed the above-mentioned work they realise that:

• They have run out of their own funds;
• They have no money left to finish building their new dream home; and
• They require finance for completing the project.

Can Owner-Builders experience Problems while getting Finance?

The short answer is yes. Owner-builders often realise that:

• Many banks do not like to lend to owner-builders, and if they do, they will usually lend around 50-60% of the value of the land plus costs (This is often not enough to cover the construction of their new dream home);

• They are often being loaned money by the banks for something that does not yet exist; and

• They need to convince the banks that they can get the job done on time, and within budget. To avoid financial problems, you must prepare beforehand and start working on getting owner-builder construction finance.

Quick Information

Here is a list of things that you need to consider and which can be helpful to you as an owner-builder:

For an Owner-Builder Project:

• Funds are usually advanced in five progress stages;

• Lenders/credit providers will only pay out once each stage has been fully completed; and

• Before a stage is paid out, a valuer needs to sign-off on each completion stage.

As an Owner-Builder You will be required to:

• Pay a deposit, when you order the materials. This means you will require a large percentage of your budget (sometimes 50%) at the start of your building project.

Preparing your Building Project Documents

You should approach the building project in the same way as a building contractor would. This means preparing:

• Your professional “plans” and “specifications”;

• A detailed and accurate building “cost estimate”; and

• A proposed “construction schedule”.

So, before you start excavating your land and pouring the slab, make sure you have your dream home completely designed, built and paid for, on paper.

Seek Expert Advice

Being an owner-builder can be (and often is) a wonderful and satisfying experience that can save you money and will result in building your dream home. But, when things go wrong, it can take an immediate toll on your finances.

So, get expert advice right from the start. Employ the services of a finance broker who specialises in owner-builder finance, and who knows exactly how to help you.