Finance Management: Knowledge is power

People are living in credibly hectic lifestyles and this lack of spare time means many put off reviewing their finances. Keeping on top of your money matters should be a priority and doesn’t necessarily have to be a labourious, time consuming task.

See the source image

The reality is that circumstances change – prices fluctuate, our personal situation change, such as jobs and family affairs. So being equipped with knowledge about the health of your finance is a necessity, so you can react should circumstances in your life change.

Top financial priority

  • Paying down debt – mortgage, credit, loans etc
  • Building savings – financial savings, energy savings, etc
  • Paying bills – rent, energy, utility, tax, etc
  • Essential living expenses – food, clothes, health care, etc
  • Lifestyle expenses – holiday, entertainment, hobby, etc
  • Investment – cash, securities (equities, bonds and derivatives), commodity, etc
  • Retirement – pension, personal plan, annuity, etc

Pls Comment, like and share

Thinking of buying a property?

Need help with residential and commercial property purchase/finance in the UK from start to finish, Please Contact me

Selling or renting your property in Greater Manchester? Get same day EPC for £45 only

Dennis Bebo – MSC, BSC, DEA, CeMAP

TA DenEco Consultancy – www.deneco.co.uk

 

Does Health & Safety at work apply to my domestic building project?

Under the Health and Safety at Work Act 1974, employers have statutory obligations to adhere to, based on Common Law principles. The effect of the Act has been to bring ALL people at work (and others) under the protection of the law. The Act covers all employment activities and applies to employers, self-employed persons, sub-contractors, visitors to places of employment, employees, directors and managers, members of the public, designers, suppliers, etc. It also provides the HSE with various enforcement powers.

See the source image

Whether you are overseeing the project yourself or employing a builder or contractor to carry out the work, understanding the importance of safety, health and welfare is very important. There are grey areas of health & safety regarding projects that are undertaken by homeowners themselves. Whereas the Health & Safety at Work Act 1974 encompasses all work carried out by professionals during their daily activities, homeowners who are undertaking the work themselves are not covered by it. However, there is a moral duty of care by the homeowner to any person who has contact with the building project. This means any person who has contact with the project has a right under health & safety law to be protected from danger.

If you are going to employ the service of a professional to carry out any elements of the work for example electrician or gas engineer, they should have public liability insurance and qualified to work to good building practices. All appropriate measures should be taken to remove or reduce the risks of accident or incidents, by introducing methods of controlling the risk.  It is important to satisfy yourself (as far as is reasonable) that the professionals you employ are qualified and competent to carry out the work in a safe manner.

If you are responsible for a building project site and a person is injured due to negligence on your part, legal action could be taken against you. If you are in any doubt as to where you stand with regard to health & safety, or if you require any advice or information, visit the HSE website: http://www.hse.gov.uk

Pls Comment, like and share

Thinking of buying a property?

Need help with residential and commercial property purchase/finance in the UK from start to finish, Please Contact me

Selling or renting your property in Greater Manchester? Get same day EPC for £45 only

Dennis Bebo – MSC, BSC, DEA, CeMAP

TA DenEco Consultancy – www.deneco.co.uk

How to know a good building contractor

One of the most important decisions you are likely to make when undertaking a building project of any size is that of employing the services of a building contractor or property professionals such as electricians, plumbers, gas engineers, etc.

See the source image

Before making the all-important decision of awarding the contract to a specific builder or professional, it would not be unreasonable to as to see work on which they are currently engaged or recently done. Seeing at first hand and speaking to the client on how they treat the client’s property and how they work will give you an idea of what to expect if you decide to employ them.

Below are some tell-tale signs of good building practice and responsible behaviour:

  • vehicles associated with the site are parked sensibly
  • the site on first appearance is clean, tidy and organised
  • roads and pavements are not damaged or muddy
  • where appropriate, suitable fencing is available
  • the site facilities are appropriate for the project
  • workers’ appearance is in keeping with a professional outfitSee the source image
  • equipment is clean and in good order
  • no trailing leads are evident, except in close proximity to the work
  • standard of work appears to be good
  • workers are polite
  • noise levels are acceptable (no loud radios)
  • security and health & safety signs are evident, ie visitors to report to site office, there are warning signs for pedestrians that construction work is in progress, standard health & safety signs.
  • workers are wearing Personal Protection Equipment
  • the company vehicles are well presented
  • a company sign is on display
  • where appropriate, material is neatly stacked and protected

Pls Comment, like and share

Thinking of buying a property?

Need help with residential and commercial property purchase/finance in the UK from start to finish, Please Contact me

Selling or renting your property in Greater Manchester? Get same day EPC for £45 only

Dennis Bebo – MSC, BSC, DEA, CeMAP

TA DenEco Consultancy – www.deneco.co.uk

Birmingham worst hit city in UK by Storm Ciara

An insurance giant has seen a 285 per cent surge in calls and claims as it helps to repair the damage caused by Storm Ciara – with Birmingham one of the worst-hit cities.

Claims included property damage such as loose tiles and broken windows, as well as flooding.

Andrew Morrish, UK claims director for Aviva, said: “Storm Ciara is unusual in that it has affected a wide area and so far we’ve seen an increase of around 285 per cent in telephone calls and claims, compared to January.

See the source image

“Customers are able to contact us in a number of ways and around 10 per cent of people have made a claim using our online claims facility.

Mr Morrish said: “This means that around 12 per cent of customers have already received payments.”

The Association of British Insurers (ABI) has advised people facing damage or flooding to contact their insurer as soon as possible.

Many insurers have 24-hour emergency helplines and they may be able to arrange temporary emergency repairs to stop any damage getting worse.

The ABI advises keeping any receipts which may be used to support a claim and not rushing to throw away damaged items unless they are a danger to health, as they may be repaired or restored.

Comprehensive motor insurance covers the cost of repairing or replacing vehicles damaged by storms.

Source: Birmingham Live 

Pls Comment, like and share

Thinking of buying a property?

Need help with residential and commercial property purchase/finance in the UK from start to finish, Please Contact me

Selling or renting your property in Greater Manchester? Get same day EPC for £45 only

Dennis Bebo – MSC, BSC, DEA, CeMAP

TA DenEco Consultancy – www.deneco.co.uk

Use of technology for your building projects

Building projects is now very much linked to the use of computer generated materials. This does not mean to say that your project will suffer if you do not use computers and computer-aided material. However, one of the major problem with producing material by hand is that it takes a long time, and if you need to update or amend something it can become quite tedious. Another problem is that if your writing is not clear it may be misinterpreted.

See the source image

Advantages of using technology

  • information can be produced and sent electronically
  • Save time and speed up communication.
  • Ensure orders and specifications are clear and done in good time
  • Can be easily stored, retrieve and resent
  • Can be sent to multiple recipient at the same time
  • Saves resources and cost
  • environmentally friendly

To get the best of technology, it is worth pointing out that with the advancement of technology, digital cameras are now widely available at very reasonable prices. It is worth investing in one even if you do not own or use a computer. Alternatively you can use your mobile phone if it has a good digital camera. You can take and store hundreds of pictures of your project and documents without having them processed or printed. This may be vitally important in the event of any discrepancies and clarifications. If there is a problem or situation that is of urgent concern, the pictures can be sent electronically. This gives the person at the receiving end a visual aid and therefore action may be taken more quickly.

Pls Comment, like and share

Thinking of buying a property?

Need help with residential and commercial property purchase/finance in the UK from start to finish, Please Contact me

Selling or renting your property in Greater Manchester? Get same day EPC for £45 only

Dennis Bebo – MSC, BSC, DEA, CeMAP

TA DenEco Consultancy – www.deneco.co.uk

What is the first thing people do after moving into a new home?

Moving into your first property can be a long, complex and emotional process. For some, it can take a while to finally settle into their new home.

According to a recent Zoopla survey, the majority of people need from one week to a month after they’ve moved in to feel like they’re in a place they can call home:

See the source image

 

First things first

When it comes to settling into their new homes, people divide their time between the practical and the fun.

More than a third of respondents (37%) gave their property a deep clean on the day they moved in, while a fifth (19%) decided to set up council tax and utilities. Impressive organisational skills.

However, it’s not all work and no play. One in five respondents (20%) skipped cooking and ordered takeaway on their first day and another one in four (25%) got intimate with their partners:

Zoopla asked over 2,000 people, both existing homeowners and first-time buyers, to find out

What do people do on move-in day? 

  • Give the property a deep clean – 37%
  • Get intimate with a partner – 25%
  • Order a takeaway – 20%
  • Set-up council tax or utilities – 19%
  • Have your first argument – 10%
  • Entertain family – 7%
  • Make home improvements – 7%
  • Entertain friends – 4%

Source: Zoopla Property News

Pls Comment, like and share

Thinking of buying a property?

Need help with residential and commercial property purchase/finance in the UK from start to finish, Please Contact me

Selling or renting your property in Greater Manchester? Get same day EPC for £45 only

Dennis Bebo – MSC, BSC, DEA, CeMAP

TA DenEco Consultancy – www.deneco.co.uk