Real Estate News


7 home improvement projects to tackle these summer holidays


Summer is here and with it comes longer days, shorter nights and, hopefully, some time off work to relax and unwind. Asides all the relaxing and long days by the pool, the summer holidays are a great time to tackle that never-ending home maintenance ‘to do’ list.Whether it’s an item leftover from your spring cleaning list, like cleaning out your wardrobe or pantry, or finally completing a larger renovation project, summer is the perfect time to achieve these jobs.Read on for our top seven home improvement projects to tackle these summer holidays. Make the most of your outdoors.One area that always comes to mind when thinking about summer and unwinding is the great outdoors! With the warmer weather and longer days, it’s the perfect time to maximize the use of your garden, or even your balcony.Before you begin, sit down and think of your dream garden features. Maybe you’ve always wanted a water feature like a swimming pool, babbling pond or even an ...


The five most common property investment mistakes and how to avoid them


When it comes to buying an investment property, experts agree that the key is be informed. But it’s just as important to do your own research.1. Poor financial structuresThis includes investors taking interest-only loans without a safety buffer or borrowing the maximum amount to get into the market, which Ms Mays described as “financial suicide”.Less commonly, she saw people buying assets in the wrong entity, such as using their personal name instead of a trust. “It’s people setting up financial structures that are not congruent to their personal circumstances,” she explained.One recent issue was cross-securitisation: that is, banks taking security across all an investor’s assets.“They have five properties tied up with the same lender, and they can’t sell without the bank’s permission,” she said. “Investors should use different lenders for different properties, to keep things as separate as possible.”She sugg...