Tuesday, July 08, 2008

article-1031438-01D5618300000578-781_468x317_popup

If you believe this article then we could all live on floating cities in the future. That's according to an architect who believes that floating cites could be the answer to rising sea levels. In theory each city could house 50,000 inhabitants in a self sustainable home which would have a lake at its centre. It would also have artificial marinas and mountains and would be powered by wind turbines and solar power. The architect has not yet estimated a cost for his design but believes it could be a solution to provide housing for refugees from islands that have been overtaken by the sea. It all looks very interesting, a bit like a massive lily pad.

posted on Tuesday, July 08, 2008 12:55:40 PM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Wednesday, July 02, 2008

This is quite interesting, its a revolving skyscraper. It has been created by an Italian architect who wanted to create what he calls dynamic towers. In the towers each of the floors can fully rotate up to once an hours. The rotating floors will be made from prefabricated apartments that spin around a concrete floor and owners who buy an entire floor will be able to activate the rotation with voice commands to change their view. The towers will also generate enough electricity to power themselves and other nearby buildings because they will be fitted with solar panels and wind turbines. Two of the buildings will be built in Dubai and Moscow by the end of 2010. It all sounds very interesting except that the architect has never built a skyscraper before. I wonder whether it will work.

posted on Wednesday, July 02, 2008 11:14:07 AM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Wednesday, June 18, 2008

If you have £3.2 million to spare then you might want to spend it on an island. Sanda island in Scotland has just been put on the market. The new owner will be able to issue their own postage stamps and even mint their own gold. The price also includes two smaller islands Sheep and Glunimore. Its just a little bit out of my price range.

posted on Wednesday, June 18, 2008 1:26:18 PM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Thursday, May 29, 2008

Huge Shed We always find that no matter how many times we clear out the shed it always becomes full again very quickly. I think I have finally found the answer this huge shed. It costs £13,000 and is available from Argos. The only problem is, its just a little bit too big for our garden.

posted on Thursday, May 29, 2008 2:13:42 PM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Sunday, May 25, 2008
DSCN1041We have just put our house on the market and are looking at moving to something a little bigger in Egham. Below is the description and the price is £219,950 so if you are looking at moving to Egham and are interested then let me know.

An extended end terrace property situated within a cul de sac and located within half a mile of Egham high street amenities and mainline train station. Accommodation comprises entrance hallway, lounge, kitchen, dining room, shower room, double bedroom, first floor bathroom, mezzanine study area, own private rear garden and off street parking.

house1
posted on Sunday, May 25, 2008 1:40:35 PM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Thursday, May 01, 2008

Nationwide has reduced its maximum loan size for new customers to £500,000, half the previous limit. It has also raised its minimum deposit from 5% to 10% on all but two of its mortgage deals. These measures will not affect existing customers but are being introduced as what Nationwide describe as managing its business "in a prudent and sustainable way". In contrast the Royal Bank of Scotland has recently announced a reduction of 0.3% on its fixed rate mortgage deals at a time when most other banks are putting their rates up. It's hard to know what's happening with the property market at the moment but one thing is for sure, if you are looking to buy having a big wad of cash for a deposit will certainly help, otherwise you might struggle to find mortgage.

posted on Thursday, May 01, 2008 11:19:18 AM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Friday, April 18, 2008
A rather obscure story here about a man who has been dubbed the “mole man” because of his tunnelling habit. William Little spent 40 years digging a network of tunnels underneath his house before he was evicted in 2006. His excavation was so extensive that it has almost caused his house to collapse and he has now been ordered to pay £300,000 in costs to stabilise the structure.

posted on Friday, April 18, 2008 4:14:53 PM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Wednesday, April 09, 2008
This article suggests that around 75,000 households could face negative equity. Areas of Manchester, Glasgow, South East London and Birmingham appear to be most at risk because the value of an average home in these areas is only a small amount over the mortgage on the property. This useful map shows the areas that are considered to be most at risk from a fall in home prices and at a risk of people having their homes repossessed. The figures are based on analysis from Experian one of the largest credit reference agencies. The research also shows that 78,394 households have less than 20% equity in their homes and that if house prices were to fall by 20% as some experts predict that these people would face negative equity.

posted on Wednesday, April 09, 2008 2:21:42 PM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Tuesday, April 08, 2008
If you fancy something a little a different you might be interested in this beach hut. It is built out of reclaimed timber and the roof of a grocery van and sits on top of a raft. The hut which is called The Ark has stood on the mudflats near King’s Lynn in Norfolk for over 50 years and has recently been put up for sale. With a guide price of £60,000 it doesn’t come cheap but it is fairly distinctive.

posted on Tuesday, April 08, 2008 3:00:39 PM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Thursday, March 27, 2008
There are many expenses associated with selling a home but one fairly new cost is the home information pack or HIPs. HIPs have been promoted by the Government as a way to provide key information to buyers and also speed up the purchase of a property. However a recent report from Which? has found that HIPs have little value and that 41% of buyers find the packs make purchasing a new house more difficult. HIPs have also been opposed by estate agent trade bodies, the Council of Mortgage Lenders and the legal profession. The general opinion appears to be that they are simply a waste of money.

posted on Thursday, March 27, 2008 4:57:35 PM (GMT Standard Time, UTC+00:00)  #    Comments [0] Trackback
 Friday, March 21, 2008
This is quite cool. It is called the Tardis House and is probably Cornwall’s smallest office. It measures just 7ft by 6ft so there is barely enough room for a table and chair and not much else. In fact it is so small that you can stand inside with your arms outstretched and touch the walls. The building which was originally built as a toilet has recently gone on the market for a surprising £19,950.

posted on Friday, March 21, 2008 12:20:33 PM (GMT Standard Time, UTC+00:00)  #    Comments [0] Trackback
 Wednesday, March 19, 2008
Further to my blog post a few weeks ago we are gradually moving towards getting the house ready to sell. Moving our stuff into storage has taken a bit longer than expected and we still have things that we want to move out of the house. We did initially plan to have moved everything into storage by now, but suffered a set back at the weekend as Rory was not well. We now plan to finish this over the Easter weekend and hopefully start doing some painting.  Regarding looking for a new place, we did look at two properties a few weeks ago, one which we hated and another which we really liked. Unfortunately as our house is not yet on the market we were unable to put in an offer on the house that we liked and have now heard that this one has just sold. It’s a shame as the property was just what we were looking for, but I’m sure something else will come up.

posted on Wednesday, March 19, 2008 6:07:36 PM (GMT Standard Time, UTC+00:00)  #    Comments [0] Trackback
 Thursday, March 06, 2008
We have spent the last few days packing up as much stuff as possible to try and declutter our house prior to selling. The result is that I currently have a house full of boxes instead of a house full of clutter, not a vast improvement. We do have a van coming today to take all the boxes to the storage area so hopefully later on today I should be able to walk around my house again without encountering a box mountain.

posted on Thursday, March 06, 2008 9:50:58 AM (GMT Standard Time, UTC+00:00)  #    Comments [1] Trackback
 Tuesday, March 04, 2008

Nationwide have increased the minimum deposit required to secure its best interest rate. Previously anyone putting down a 10% deposit could secure its best rate but this has now been increased to 25% of the value of the property. The move will mean that anyone with less than a 25% deposit will pay 0.2% more interest.

posted on Tuesday, March 04, 2008 3:46:05 PM (GMT Standard Time, UTC+00:00)  #    Comments [0] Trackback
 Sunday, March 02, 2008
A house in Kensington has sold for £80 million making it London’s most expensive home. The previous record was £67 million for a property in Kensington Palace Gardens. This property is five storeys high and has an underground swimming pool, a sauna and a gym.

posted on Sunday, March 02, 2008 4:50:46 PM (GMT Standard Time, UTC+00:00)  #    Comments [0] Trackback
 Friday, February 29, 2008
We have been talking about moving house for a long time and are finally starting to do something about it. Whilst I love our house, it is starting to get a little small for our needs and with four cats and running a business from home it’s definitely time to move on. We made the first step by getting an estate agent around to value our property the other day and were surprised to find it is worth quite a bit more than we expected. Over the next few weeks we will be moving all of our stuff into storage in a major effort to declutter the house. Then we plan to replace the carpets and do a bit of painting, before putting the house on the market. We will also be looking at other properties over the next few weeks and months to try and get an idea of the sort of house we are looking to move to. We have two houses to see at the weekend as well as a meeting with Lok’nStore where we plan to store the contents of our house whilst we are trying to sell it. It’s all very exciting and there are sure to be many property related post over the next few months. If it all goes to plan, hopefully we will soon be settled in a new home.

posted on Friday, February 29, 2008 3:52:15 PM (GMT Standard Time, UTC+00:00)  #    Comments [1] Trackback
 Friday, January 25, 2008
A man who managed to build a castle behind a haystack could face having it demolished. Robert Fidler built the castle over the course of two years but kept it concealed behind a 40 foot stack of hay bales. He then lived there for four years before revealing the castle in August of last year. He claims that because the castle has been there for four years with no objections that it is no longer illegal. However, the council planners say that the law does not apply in this case because no one has had the chance to see it.

posted on Friday, January 25, 2008 12:19:09 PM (GMT Standard Time, UTC+00:00)  #    Comments [1] Trackback
 Monday, November 26, 2007
Regular readers might have noticed a lack of recipes recently. This is mainly because my oven is broken. It currently either cooks everything on a super hot setting or takes the whole day to heat up. The main problem is you never know which setting it has decided to use, so you either end up with cremated food or raw food. The good news is I ordered a new oven at the weekend. I got it from Currys who had a good deal on a built-in oven and hobs for only £349. We also paid an extra £50 for them to install it. The oven is due to arrive next Monday, so I should soon be able to post lots of new recipes.

posted on Monday, November 26, 2007 3:23:15 PM (GMT Standard Time, UTC+00:00)  #    Comments [0] Trackback
 Thursday, November 01, 2007
Further to yesterdays post about the overpriced public toilet that sold for £120,000 I read this interesting article that suggests house prices in the UK rose by 1.1% in October. This doesn’t really come as surprise to me. Whilst I have also read articles recently that predict a slowing in the housing market we are certainly still seeing high prices in our area. Not only that properties still seem to be selling extremely quickly especially the smaller one to two bedroom properties. These smaller properties only seem to be on a market a week whereas larger three to four bedroom properties can be on the market for a month or more. The question remains, however, is now a good time to sell?

posted on Thursday, November 01, 2007 3:21:11 PM (GMT Standard Time, UTC+00:00)  #    Comments [0] Trackback
 Wednesday, October 31, 2007
A public toilet block in Newquay has recently sold for £120,000. The block is due to knocked down in a larger development which will include shops and accommodation. This seems to be another example of the over inflated housing market.

posted on Wednesday, October 31, 2007 11:12:07 AM (GMT Standard Time, UTC+00:00)  #    Comments [1] Trackback
 Wednesday, October 24, 2007
Debt experts have said that around one million people use high interest credit cards to cover their mortgage or rent payments. Six per cent of householders have put their mortgage or rent payments on their credit card in the past year according to the housing charity Shelter. Credit card companies often charge interest of around 15 and 18 per cent which is up to three times more then most mortgage rates. The problem seems to be worst among 18 to 24 year olds. It certainly seems like a very risky way of managing your finances.

posted on Wednesday, October 24, 2007 7:58:10 PM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Monday, October 22, 2007
Barratt has begun building work on a new generation of zero-carbon homes. The houses are designed to produce a very small carbon footprint. They will include solar panels that will heat the water, pumps that will extract heat from the air to warm the house and toilets that will use rainwater to flush. The houses are likely to be on the market in 2010.

posted on Monday, October 22, 2007 6:16:49 PM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Sunday, October 21, 2007
Tesco has had to suspend its property sales after the Office of Fair Trading ruled it was acting as an estate agent and would need to abide by the relevant laws. The site was launched in July and offered customers the chance to sell their home for £199. They have offered a full refund to all their customers and are now considering launching a full online estate agency in the future.

posted on Sunday, October 21, 2007 12:51:45 PM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Saturday, October 20, 2007
Travelodge is offering rewards to members of the public that suggest new sites for development. To suggest a site you can visit their website and fill in a form with your contact details and your proposed location. If your tip results in a new opening they will then pay you £500 per bedroom up to a maximum payout of £150,000.

posted on Saturday, October 20, 2007 7:41:03 PM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Saturday, October 13, 2007
Ikea has started selling flat-pack homes. The homes are on sale at their Gateshead store. They have a timber frame and come with their own plot of land. The concept started in Sweden in the 1990s with around 1,000 flat-pack homes being sold every year. The homes are called BoKlok and are made using renewable materials and featuring solar panels so are eco-friendly. The properties will all be south-facing in order to catch as much sunlight as possible to help warm the house. An area of land has been set aside near Gateshead for an estate of 90 homes. The homes cost between £100,000 and £125,000 for a flat, £132,500-£139,500 for a two bedroom house and £150,000 for a three bedroom house. First time buyers on low incomes will be given priority in the allocation process. If the project is successful Ikea will expand to 12 more sites over the next 18 months. The homes are provided ready assembled, which seems a shame, half of the fun of Ikea’s products is building them.

posted on Saturday, October 13, 2007 11:37:02 AM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Saturday, October 06, 2007
In the latest news surrounding Northern Rock it has announced a cut back on the range of mortgage products they will offer. Two thirds of its mortgage product range is going to be axed in what seems to be a major product overhaul. This change is unlikely to affect the banks risk profile because it is still prepared to lend up to 125% of a properties value, something which is the root cause of its present problems. Despite the changes rates on their fixed rate and variable mortgages are likely to remain unchanged.

posted on Saturday, October 06, 2007 10:23:14 AM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Friday, October 05, 2007
I read this article that suggests some mortgage brokers are encouraging homebuyers to lie about their finances. Some lenders are giving people up to eight times their salary. Experts have warned that this type of irresponsible lending could drag Britain into a US-style subprime mortgage crisis. Brokers have been pushing first time buyers to take out “self certification” mortgages that let people state their income without any proper employer checks to see if they qualify. Self-certification home loans now account for one in every ten mortgages as opposed to one in twenty four years ago. It just seems silly to me to encourage people to borrow more than they can afford to pay to back, and personally I find it hard to believe there are companies that do this.

posted on Friday, October 05, 2007 2:21:39 PM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
In one example of the rising property prices in the UK, a beach chalet in Devon has just been sold for £91,000. The chalet is made of timber and has a tin roof. It was originally thought the chalet would sell for £40,000 but it appears to have fetched a great more. It does, however, have planning permission to build a two-storey chalet on the site, so has the potential to be a good investment for the London buyer.

posted on Friday, October 05, 2007 11:00:42 AM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Monday, September 17, 2007
Many things affect the cost of your insurance but the main reason you are paying more could be your post code. I was reading this article that suggests residents in South Norwood pay more than three times as much for building and contents insurance as someone who lives in Barnstaple. The website also provides a post code checker so you can see how the area in which you live affects what you pay. The results show you a typical annual premium for a house in your area, as well as where it ranks in the country. My breakdown was as follows:

Your postcode breakdown:  
•    Your league position: 1365 out of 1659
•    Your premium: £190.25
•    The national average is £169.45

posted on Monday, September 17, 2007 1:04:05 PM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Friday, August 17, 2007
The traditional British pub is under threat from breweries trying to cash in on the property boom. That’s according to a report by the BBC. Pub closures are currently running at 56 every month. Many are due to a loophole in the law that allowed developers to demolish pubs without the need for planning permission. To turn a pub into a residential dwelling, planning permission must be got from the local authority. In addition to this the owners must prove they have made an effort to sell the pub as a business. Despite this local people have claimed the pub owners often price pubs unrealistically or deliberately run them into the ground because it is more profitable to sell them to property developers.

I recently went back to my home town of Sevenoaks and was greatly saddened to see that The Farmers where I have spent many a happy evening, no longer stands. The 150 year old pub was demolished despite having a thriving local community and despite local petitions with over 2000 signatures to try and save it. All because the company that owned it wanted to cash in on the sale of the site which will now become flats. The Campaign for real ale has called for new housing developments to include a pub, it will be interesting to see whether this leads to new premises being built. Sadly its too late for The Farmers.



The Farmers as it was in Sevenoaks Kent.
posted on Friday, August 17, 2007 3:44:52 PM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Wednesday, August 15, 2007

A homeowner who awoke to find a burglar in his house could be arrested after the burglar fell from a window. Patrick Walsh startled the burglar who fell out a top floor window and later died. It is not yet clear whether the home owner will face any charges. Stories like this make me rather angry, yes its unfortunate the burglar fell and died but he really should not have been in the house in the first place. It seems we should welcome burglars into our house and make sure they are safe whilst they are stealing our hard earned possessions. After all burglars have rights too. In my opinion A burglar gives up all his rights when he enters a property illegally and the home owner should have every right to defend themselves from this kind of intrusion.

posted on Wednesday, August 15, 2007 1:51:52 PM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Friday, July 20, 2007

Last time we moved we did it ourselves hiring a van which my Dad drove. Since then we have gained a lot more stuff and next time we move we will certainly be using a moving company.  I found this useful directory of moving companies. You can search by area and by the type of service you need. They also include services for moving internationally as well as storage rentals.

posted on Friday, July 20, 2007 1:06:07 PM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Thursday, July 19, 2007

A couple in Vancouver are currently living with 80 bats which have built a nest inside the walls of their condo. Despite the fact that they risk exposure to rabies a court has ruled the bats cannot be evicted for another three weeks. Under the current legislation the bats are protected during the breeding season, so until it is over they are allowed to stay. The human residents of the condo are looking forward to the day when their unwelcome guests can be re-homed.

posted on Thursday, July 19, 2007 10:17:47 AM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Monday, July 16, 2007

With the recent rises in mortgage rates it’s getting harder to find the money to buy a home especially for first time buyers. I remember when we purchased our house four years ago we struggled to find the money for our deposit and the fees and had to borrow from family, just to get on the property ladder. We have always made sure we choose a fixed rate on our mortgages, mainly because we would find it difficult to cope with any rise in interest rates and would struggle with increased payments. However if you do have problems there are people that can help you with bad credit remortgages and debt consolidation. We are now trying to find the money to purchase our second home and finding it equally difficult to find the money for fees. We have worked out that to buy a new house and sell ours will cost around £10,000 just in Stamp Duty, Land Registry fees and solicitor’s fees and thats before we start paying the mortgage.

posted on Monday, July 16, 2007 7:50:45 PM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Friday, July 06, 2007

This cool cave home is literally carved out of the limestone cliffs; it has a sitting room and a front door but no water and electricity. That didn't stop it from fetching a cool £100,000 when it was auctioned a couple of days ago.

posted on Friday, July 06, 2007 5:36:09 PM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback
 Friday, June 29, 2007

Tesco have announced its latest step in their move towards world domination, not content with being the biggest supermarket in the UK, they have now decided to move into the property market. Their property sales service will let sellers list their homes on a Tesco website for a fee of £200. Sellers will also get a Tesco branded for sale sign to put outside their house. The idea is that the website will be for private sellers and Tesco say it will save them money and is a real alternative to instructing an agent. It will be interesting to see if there are any hidden fees when its launched.

posted on Friday, June 29, 2007 6:36:05 PM (GMT Daylight Time, UTC+01:00)  #    Comments [0] Trackback