Property

Property developer Eastbank Studios is meeting the post-lockdown surge in demand for top-quality London rentals with its sustainable – and stylish – approach to renovating property in dire need of modernisation.

The East London company invests in houses and apartments which require a complete scheme of refurbishment, bringing each one up to the highest standard of contemporary finish and returning them to the market turn-key ready.

Eastbank’s CEO, Jason Arden says: “We can provide housing where all the hard work has been done. In addition to the structural and technical repairs, we also have our own in-house interior décor specialist. All our properties are finished to a beautifully-high standard with superb use of light and neutral palettes.”

Arden adds: “We come as a full package and, we bring to life every property we introduce to the market – either for short or long-term rent.  Every home we refurbish is sympathetically restored but still delivers contemporary interiors. It’s the best solution for the modern world.”

Eastbank’s rentals are concentrated in the lively East London neighbourhoods of Walthamstow, Leyton and Leytonstone, areas popular with young professionals and families seeking the extra living and working space – indoors and out – of period homes.

 “Many of our rental properties are in areas which have become desirable again, having benefited from the complete regeneration of the East End. They’re also an easy commute for people who still need to travel to their central London workplace.”

Uncertainty in employment and relocation trends caused by the coronavirus pandemic means many people are rethinking where and how they live.

Eastbank understands the flexible nature of today’s market and offer rental agreements to suit a range of circumstances.

Arden says: “The right rental gives people time and space to consider their options.

Even if someone isn’t planning to stay at a rented property for a long time, expectations are still high and they want top drawer accommodation even in the short -term. We live in a time of instant results on demand. Consumers want everything at the touch of a button. We recognise this and know how important it is to deliver on style as well as quality.”

Issued on behalf of Eastbank Studios, 141 Hoe Street, Walthamstow, London E17 3Al

Eastbank Studios HQ is in Walthamstow, E17
The company was founded in 1984 by Tony Arden who has worked in property and investments since the 1960s.

Eastbank have a solid track record in identifying long and short term opportunities to maximise returns for investors.
The company believes in long-term partnerships and outcomes.
To validate their transparency, investors are welcome to scrutinize the company accounts and encourage open conversations with collaborators and partners.
Eastbank’s website recently added a blog page which offers interior décor and property tips.

For further information go to www.eastbank.co.uk

Eastbank CEO, Jason Arden is also available for commentary and analysis.

Interview requests to:
Deborah Welsh
dwcommercialmedia@icloud.com
07788 101465

Britain is a nation of homeowners – and for many people, taking the first or indeed the next step on the housing ladder is an important milestone to look forward to. But it’s far easier said than done to actually get on the housing ladder, and that’s down in part to the need to have a decent deposit.

This article will explore the role the deposit plays in the process, and what impact the pandemic has had on the mortgage market.

Small deposit?
For many first-time buyers, an ideal scenario might seem like one in which the borrowing is high and the deposit is low, the tried and tested 5% deposit mortgage.

The reason why this is so appealing is obvious: it means that you have to save (and possibly rent, or live with family) for a shorter amount of time because your deposit can be accumulated in a far shorter period. This scenario is often described as a high “loan to value” arrangement.

Prior to the COVID Pandemic, this scenario was accessible and easy, but we are yet to see 5% deposit mortgages return to the market. Just a decade or so ago it was the case that people looking to buy a home could turn up at a lender and in some cases access a no-deposit, 100% mortgage. But when house prices went down during the financial crisis, people ended up trapped because they owed the bank more than their house was worth – a phenomenon called “negative equity”. Since then, it’s become the case that 100% mortgages are impossible, and now a deposit is essential. Thankfully the idea of having more equity in property has risen in popularity, and some new buyers now aim to wait and have a perhaps a bigger deposit than they need before they buy.

The impact of COVID 19
The COVID 19 pandemic has worked its way into almost all aspects of our lives, and the housing market is no exception. When it comes to deposits, banks have – at least for now – taken some of their highest loan to value products off the market. “While towards the end of last year it might have been possible for a borrower to get a mortgage with just a 5% deposit, it’s now almost impossible to do” says Simon Hamilton, Mortgage Director of Hello Mortgage. In fact, it’s becoming increasingly apparent that any deposit under 10% or perhaps even higher might not be enough.

This is an understandable move on the part of the banks because higher loan to value mortgage and remortgage options are often perceived as risky. In an economic environment in which some people might face losing their jobs, banks may consider it likely that defaults will occur and hence make more cautious lending decisions. For a borrower, this could be frustrating – especially if you were close to reaching your goal only to have the goalposts changed. However, it’s perhaps for the best in the long run, as it helps defend homeowners against price drops.

“It is no secret that some of the better mortgage deals, mainly within the Buy to Let sector, are available only to those with a lower LTV, typically 70%. This is largely due to risk. Small deposits are great for helping people get onto the property ladder, but its always better to have as low a loan to value as you can” Says Keith Ahmed, MD of Hello Mortgage.

We are starting to see more lenders offer low deposit mortgages, but are yet to see the return of the 5% mortgage, the new normal at the moment is a 10% deposit.

The mortgage market
What some potential buyers don’t realise, however, is that there is a whole “mortgage market” out there which is packed full of diversity. While it’s unlikely that any provider is going to be offering tiny deposit mortgages any time soon, it also remains true that lenders differ from each other in all sorts of diverse ways and each one has a different product offer.

If a person looking to buy a mortgage heads straight to perhaps the same bank they have their current account with, they will only receive products offered by that bank. This may not, for whatever reason, suit their circumstances. Their bank may not offer suitably higher LTV mortgages, for example, or their bank may have unfavourable eligibility criteria on some products like restrictions on self-employed applicants or those with bad credit. Their bank may also not be charging the most competitive interest rates, either. For a savvy mortgage shopper, then, the solution is often to opt for some unbiased and independent mortgage advice.

Using Hello Mortgage as your local broker
The professional you need if you’re looking for independent mortgage advice is a Hello Mortgage broker. Our job is to assess the state of the market and to find a mortgage deal that works for you, which is often more efficient than going it alone. At Hello Mortgage we have access to powerful market knowledge, comparison software and direct relationships with lenders which we use to find you the best possible mortgage deal. After doing an initial fact-finding with you your local Hello Mortgage broker we will be able to assess the market quite quickly – and to find a good deal with low-interest rates tailored to your needs.

Not many people realise that brokers all charge differently for their services. Depending on various factors, such as the value of the mortgage, complexity, or loan type. We keep it simple; all our initial mortgage advice is free. We do not charge any fees for sourcing you a mortgage, only if you take a mortgage that we have recommend to you, and even then, our fee is only payable on completion.

Using a broker is even more prudent than ever during the pandemic given that the mortgage market has changed so much in the last few weeks alone. Those who are worried about what the circumstances of their case might mean for their application, such as those who only have a 5% or 10% deposit or those with specific requirements like a buy to let mortgage, should speak to us about what their options might look like in the post-pandemic world.

In sum, then, the world of mortgages has changed so much in the last month or two thanks to the coronavirus crisis. It’s now the case that getting mortgages is a little more complex, and it becomes even more complicated if you’re an applicant with a small mortgage deposit or a circumstance that doesn’t fit the average mould. But by speaking to one of our local mortgage brokers near you, you can get up to date mortgage advice which reflects your own personal circumstances and helps you plan for the future, for free.

Hello Mortgage, really are the best mortgage brokers to have on your side, we are whole of market, impartial, local, friendly and are around at times that work for you.

Contact: Keith Ahmed
Company: Hello Mortgage Limited
Phone: 0800 292 2557
Email: hello@hellomortgage.co.uk
Web: https://www.hellomortgage.co.uk

The Annual People’s Choice Award from the Houzz Community Highlights Home Renovation and Design Professionals with Most Popular Designs and Top Ratings

Manchester, 13th February, 2020 Kharis & Kale Interiors of Manchester has won a “Best Of Houzz” award for Customer Service, on Houzz®, the leading platform for home renovation and design. The award-winning interior design and property staging company Kharis & Kale Interiors was chosen by the millions of homeowners that comprise the Houzz community from among more than 2.5 million active home building, renovation and design industry professionals.

The Best Of Houzz badge is awarded annually, in three categories: Design, Customer Service and Photography. Design awards honour professionals whose work was the most popular among the Houzz community. Customer Service honours are based on several factors, including a pro’s overall rating on Houzz and client reviews submitted in 2019. Architecture and interior design photographers whose images were most popular are recognised with the Photography award.

A “Best Of Houzz 2020” badge will appear on winners’ profiles as a sign of their commitment to excellence. These badges help homeowners identify popular and top-rated home professionals in every metro area on Houzz.

We are so pleased to accept this award from Houzz for Best Customer Service. Our commitment to providing a great customer experience is foremost in our minds in everything we do.

“This year’s Best Of Houzz awards go to an incredibly talented and service-oriented group of home renovation and design professionals, and we’re proud to highlight the winners on the Houzz website and app,” said Inés Cid, Managing Director for Houzz UK. “This award is particularly meaningful as it reflects the sentiment of the millions of homeowners in the Houzz community who are hiring home professionals for their projects across the UK and around the world.”

Follow Kharis & Kale Interiors on Houzz https://www.houzz.co.uk/pro/kharisandkale/kharis-kale-interiors

About Kharis & Kale Interiors
Kharis & Kale Interiors provide award winning interior design and property staging services. We specialise in transforming properties into beautiful aspirational homes. In order to achieve this, we provide a flexible design led services with furniture rental packages which include all furniture, art and accessories to make a property stand out above the competition. We will professionally present your property and enable you to achieve a faster sale and return on investment.

About Houzz
Houzz is the leading platform for home renovation and design, providing people with everything they need to improve their homes from start to finish – online or from a mobile device. From decorating a small room to building a custom home and everything in between, Houzz connects millions of homeowners, home design enthusiasts and home improvement professionals across the country and around the world. With the largest residential design database in the world and a vibrant community empowered by technology, Houzz is the easiest way for people to find inspiration, get advice, discover products and hire the professionals they need to help turn their ideas into reality. Headquartered in Palo Alto, Calif., Houzz also has international offices in London, Berlin, Sydney, Moscow, Tel Aviv and Tokyo. Houzz is a registered trademark of Houzz Inc. worldwide. For more information, visit houzz.co.uk.

The Annual People’s Choice Award from the Houzz Community Highlights Home Renovation and Design Professionals with Most Popular Designs and Top Ratings

Manchester, 13th February, 2020 Kharis & Kale Interiors of Manchester has won a “Best Of Houzz” award for Customer Service, on Houzz®, the leading platform for home renovation and design. The award-winning interior design and property staging company Kharis & Kale Interiors was chosen by the millions of homeowners that comprise the Houzz community from among more than 2.5 million active home building, renovation and design industry professionals.

The Best Of Houzz badge is awarded annually, in three categories: Design, Customer Service and Photography. Design awards honour professionals whose work was the most popular among the Houzz community. Customer Service honours are based on several factors, including a pro’s overall rating on Houzz and client reviews submitted in 2019. Architecture and interior design photographers whose images were most popular are recognised with the Photography award.

A “Best Of Houzz 2020” badge will appear on winners’ profiles as a sign of their commitment to excellence. These badges help homeowners identify popular and top-rated home professionals in every metro area on Houzz.

We are so pleased to accept this award from Houzz for Best Customer Service. Our commitment to providing a great customer experience is foremost in our minds in everything we do.

“This year’s Best Of Houzz awards go to an incredibly talented and service-oriented group of home renovation and design professionals, and we’re proud to highlight the winners on the Houzz website and app,” said Inés Cid, Managing Director for Houzz UK. “This award is particularly meaningful as it reflects the sentiment of the millions of homeowners in the Houzz community who are hiring home professionals for their projects across the UK and around the world.”

Follow Kharis & Kale Interiors on Houzz https://www.houzz.co.uk/pro/kharisandkale/kharis-kale-interiors

About Kharis & Kale Interiors
Kharis & Kale Interiors provide award winning interior design and property staging services. We specialise in transforming properties into beautiful aspirational homes. In order to achieve this, we provide a flexible design led services with furniture rental packages which include all furniture, art and accessories to make a property stand out above the competition. We will professionally present your property and enable you to achieve a faster sale and return on investment.

About Houzz
Houzz is the leading platform for home renovation and design, providing people with everything they need to improve their homes from start to finish – online or from a mobile device. From decorating a small room to building a custom home and everything in between, Houzz connects millions of homeowners, home design enthusiasts and home improvement professionals across the country and around the world. With the largest residential design database in the world and a vibrant community empowered by technology, Houzz is the easiest way for people to find inspiration, get advice, discover products and hire the professionals they need to help turn their ideas into reality. Headquartered in Palo Alto, Calif., Houzz also has international offices in London, Berlin, Sydney, Moscow, Tel Aviv and Tokyo. Houzz is a registered trademark of Houzz Inc. worldwide. For more information, visit houzz.co.uk.

Costa Blanca is a Spanish tourism zone located in southeastern Spain. Alicante is the capital, populated by more than 300,000 people. Almost 15% of them are expats from South and North America as well as Europe. Are you looking for houses for sale in Spain Costa Blanca to invest in or find a second home in Spain? Then this is the right place! HouseSpain.co.uk is a real estate platform that connects sellers from Spain with buyers from all over the world for their mutual benefit. On our website, you will find top property for sale in many towns of Costa Blanca like Denia, Javea, Benidorm, Torrevieja, etc. and other Spanish cities at competitive prices. All of our listings are highly-coveted so hurry up before somebody snatches your dream house away from you!

How to buy property in Costa Blanca?
It is easy to find the right house or apartment using our platform. All you need to do is choose the location, for example, property for sale in Denia, and browse the listings. Click on anything you like to see more images and read a detailed description. We make sure that all the pictures our sellers add are fresh and match the real state of the property so that you are able to get a solid idea of how the apartment or villa of your choice looks even if you live thousand miles away and have no opportunity to visit the site yourself. Please note that we don’t sell anything on our website. HouseSpain.co.uk is merely a mediator between the two parties, helping them establish communication and facilitate signing the deal. If you are interested in any piece of Costa Blanca Alicante property you saw on our website, you can request more information or a visit. The seller will get back to you as soon as possible to answer your questions and schedule a meeting.

Why you should buy a house in Costa Blanca
Spain is one of the top destinations for spending winter months, investment, and retirement. Here is why it is so popular with expats:

• Climate
It is basically sunny 360 days a year in coastal Spain. Other regions are not much colder; the temperature rarely drops lower than 15 degrees in winter. A lot of sunlight and sea air are excellent conditions for maintaining good health for years to come.

• Cost of living
Costa Blanca real estate prices are pretty low compared to other parts of Europe and Spain too, at this time, the average price per square meter of properties in Spain is £1,490 and in Costa del Sol is £1,456. It creates excellent opportunities for investment, since, at this time, the price increase is 7% per year, even if you don’t plan to move to Spain permanently. The prices of food and clothes are also quite affordable. If you live paycheck to paycheck, moving to Spain can help you get more value for your money.

• Fresh produce year-round
The warm climate allows Spaniards to grow organic fruits and vegetables all year round. Spain is famous for its Mediterranean diet that consists of fresh produce, seafood, and healthy fats. The unique combination of nutrients, vitamins, minerals, and antioxidants makes this diet one of the best in the world to promote good health and weight loss.