Redstones

Achieving the right style with your next home

If you’re currently searching for a new dream home, have you given any thought to how you can achieve that impressive designer interior, without the price tag to match?

Here’s how to achieve an effortlessly stylish look:

Declutter
We all hold onto furniture or household objects we don’t really like or use anymore. Make the effort to only include furnishings that you love, which really work together. Even re-positioning your existing furniture can have a big impact.

Simplicity is key
Why not let your high quality furniture or accessories do the talking and keep walls clean and crisp? Good décor should be easy on the eye and kept simple and striking.

Pay attention to lighting

To create a particular atmosphere or mood, lighting is key. It’s not just an after-thought. Nowadays, lighting itself can be a work of art. In particular, metallic finishes are becoming very popular.

Make bedrooms and bathrooms luxurious

Crisp, white sheets are the latest in vogue look and a bed throw and some plump cushions can help create the feel of a 5 star hotel. For bathrooms, keep toiletries hidden away, whilst displaying any luxury handwashes and complement this with some high quality, fluffy towels.

Kitchens
Kitchens are the heart of the home and make the greatest impact to visitors, so place some extra effort here. Keep all surfaces as clutter free as possible and freshen up the space with some beautiful flowers or plants.

Accessories
A great way to keep up with the latest trends, but with minimal expense, is to invest in simple accessories such as vases, candle sticks or small items of furniture that embrace the latest colour trends or finishes, such as copper or rose gold.

A welcoming front
Any pots and plants in your garden or near the front door creates a welcoming atmosphere and helps establish your stylish new home as one to admire.

Redstones Lettings

Good news for landlords looking to maximise their investment

Recent statistics have shown that buy to let properties still outperform most other types of investment, with average returns made by landlords in England and Wales being 9.6%.

Despite the recent increase in stamp duty, it is essentially house price rises that influence the return that landlords make.

It is calculated that the average price of a home in England by 2030 with be over £450,000. Already, between 2000 and 2015, house prices have risen by 84%. Of courses, property prices vary throughout the country, with London experiencing the highest rise, although this trend does impact the West Midlands too.

In fact, house prices have increased by 36% since April 2011 alone. This is out of step with the average weekly pay packet, which has risen by 7% only.

As a result, many people are locked out of home-ownership, leading to higher demand in the private rental market.

Inflationary property prices will continue to boost the buy to let sector, even if rental yields don’t quite the same returns. It therefore makes sense for landlords to consider expanding their property portfolio in the future.

At Redstones, we continue to offer landlords a high level of support, to take the time and hassle away from property management. You will find that our comprehensive range of services is over and above what’s offered by many other letting agents.

Redstones Management Team

Open Days prove to be a great route to owning a property franchise

Ever wanted to operate your own estate agency and letting business? Well, those that do took advantage of the recent Redstones Open Days, which took place recently in May.

Interested individuals took advantage of the opportunity to find out what it’s like to run their own highly successful property business and why it could be their ideal next career move.

We spoke to a number of pre-qualified attendees and are taking forward the applications of a select number of interested potential business owners.

Director of Redstones, Manjit Virdi says, “The open days have proven to be an excellent face to face opportunity for us to find the right franchise partners. Deciding to own and manage your own property franchise is a huge decision, so this high level of interaction has been perfect for potential franchisees and has enabled us to build some fantastic new relationships with some very talented professionals.”

To register for open days please click Redstones Open Days.

Second interviews are now booked and an exceptional candidate for our Redstones Academy has been identified from the Open Days. One lucky Redstones Academy Apprentice wins the opportunity to become a franchisee with their own large territory – for free – and they will gain our full support to ensure their business succeeds.

To find out about winning a FREE franchise visit Redstones Franchise Academy Apprentice.

Ideal candidates are existing property professionals or property business owners interested in
re-branding to the prestigious Redstones brand, with a minimum of two year’s industry experience and a thorough understanding of business development.

We will keep you posted on who our first Redstones Academy Apprentice will be. In the meantime, don’t forget that it’s not too late to apply to be our apprentice, so get in touch now.

Redstones Buyers

Finding tenants with a good credit score

As a landlord, an essential part of finding good tenants is checking their credit. This is the best way of predicting whether or not they will be able to pay their rent on time.

There are various issues to consider in regards to credit scores, such as the age of your tenant. When you rent property to younger tenants, they may not have built up enough positive credit history to achieve a high credit score. However, remember that if a potential tenant has a low credit score but you feel they would be a good tenant, you could consider a co-signer such as a parent.

Another issue is the region where the property is located. Factors such as employment rates and property values can impact credit scores, so the region’s average credit score needs to be taken into consideration.

Many credit reports highlight issues that may have adversely impacted your prospective tenant’s credit score. It’s worth investigating these issues, as some of them may not matter as much as others.

Income, of course, is another factor and a credit report helps to assess whether the tenant has enough money to pay the rent, with enough left over for other expenses.

Clearly, a mixture of judgment and intuition, as well as evidence, helps determine good tenants.

As part of the detailed tenant screening process at Redstones, we can advise on credit issues and much more to take the hassle out of finding good tenants.

To safe guard you in any eventuality Redstones launched the Redstones “Platinum Total Care Service”. Rent is guaranteed whether the tenant pays or not.