5 THINGS TO LOOK FOR IN A FAMILY HOME

When hunting for a nice property as parents there are things you’ll be keen on looking for in your new home. So are obvious, such as schools, gardens and the area. But here are some of our top 5 alternative things to especially look for in family homes.

TIP #1: If no gardens, look for parks

Ideally, for a family home, you’ll be looking for a place with a good size garden so that your children have the option of playing outside of the house. But as there is a demand/increase in flats/apartments, families are just about missing out on gardens. So if you are one of those families, we recommend that you look into a property that is easily accessible to the local park, so that your children still are able to play outdoors.

TIP #2: Family friendly facilities and recreation centres

The rising use of technology means that this generation of children already have their recreation sorted on mobile devices. However, if you’re looking to discourage the over the use of technology as recreation for your children, then look for the possibilities of having recreation centres, family friendly cafes and facilities that are local to your forth-coming family home.

TIP #3: Well insulated homes

In order to decrease the number of runny noses and ticklish coughs, we recommend that families look for properties that are well insulated or have a good central heating system in the home, as this will help keep the warmth in during those colder miserable days that we tend to have in the UK.

TIP #4: A good kitchen

When we were looking for our family home, one thing my parents especially my mum looked for was a good kitchen and that always stuck with me. A sizeable kitchen with a well-tiled wall was on the top of her list, as families tend to do more cooking throughout the weeks that the walls become accustomed to the steam, heat and smells. So we recommend looking for a kitchen with well-insulated walls, a breathable space and also a good/replaceable air vent.

TIP 5: Good structure/sizing

Regardless of the type of property, we suggest a good sized space that will allow for children to freely express themselves throughout the home. This will decrease the number of inconveniences and also avoid that claustrophobic feeling of having furniture/storage space crowding up the place.

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Also if you have any tips that you could recommend to us, share them in the comments and we’ll be highlighting them in our upcoming articles in the ‘Family’ series.

 

This is set to be positive year for Aberdeen’s commercial market

The political landscape and predictions are widespread over how the snap general election could affect the markets. With Scotland dealing with the negative impact on property investment and market confidence amongst some investors and developers because of the prospect of a second independence referendum.

However, in Aberdeen, the atmosphere has largely driven by the fortunes of the oil and gas industry for the past two years, with the sector now showing largely positive signs. But not to say the wider political backdrop is of no concern, the UK’s vote to leave the EU immediately benefited Aberdeen’s oil and gas economy. The North Sea producers have profited from production costs being incurred in a depreciated sterling relative to a product sold in US dollars, as have local service companies pitching for business around the world conducted in a largely dollar-denominated market. With a growing confidence in the local air which is now impacting itself in our property market.

The office sector was a most impacted sector by the energy industries. The fortunes between 2013 and 2015 fluctuating and with the best quality space have maintained headline rents and interest from occupiers despite carrying a record level of voids. However, it must be said that much of the remaining stock has seen its day, being functionally or economically challenged or located on peripheral estates which have long been a unique feature of Aberdeen’s property supply.  

In comparison, Aberdeen’s industrial market has held up reasonably well. During 2016, take-up was in line with the 10-year average with rents generally remaining stable although the supply of second-hand stock has increased.

Investor appetite for Aberdeen is beginning to show signs of increasing. A North American investor, for example, acquired the Lloyd’s Register building in Prime Four Business Park for £41 million in February, pushing Q1 office investment levels to £49 million, more than the total volume recorded during 2016. Investors are seeking a ‘flight to quality’, looking for well let assets in the city, which may offer more attractive yields than elsewhere in the UK.

The good news is that office lettings in Q1 2017 were 181,000 sq ft (16,815 sq m), the highest quarterly take-up since Q3 2013. This clearly indicates that the local mood has moved up a gear, in part reflected by oil companies Total and Marathon committing to new leases and a number of large requirements circulating.

The further positive news comes with Hurricane Energy announcing a new find west of Shetland with estimated recoverable reserves of a billion barrels and small local independent Chrysoar announcing a $3 billion acquisition from Shell comprising 10 separate assets in the UK continental shelf with funding from US private equity firm EIG Partners.

The smart money is clearly backing a more positive future for Aberdeen and the property market is starting to reflect this.