After what seems like the longest winter ever and the never ending stop, start, stop, start spring I’m ready for some better weather. I am ready for summer. The only downside can be getting to sleep in the heat, and whilst as an adult I can make do in most situations my boy finds it really hard. That is why we are looking forward to trying out our new cooling blanket from Luxear.
If you are looking at starting a home renovation project or are currently in the middle of one, you might well have noticed that the price of materials has skyrocketed. The latest figures show that a new build house project costs have increased from an average of £1000 per square metre to £2500 per square metre, that is a huge jump. To put this into context, a decent sized 100 square metre property will now cost you £500k to build. Not only have costs risen in raw materials and skilled labour, also the range of products available to buy in the UK has dropped, especially for natural materials, like slate.Continue reading Using Slate in the Home
Just before the start of the October Half Term we were sent a bundle of Oaka Books Topic packs. I was allowed to select a handful of packs to try at home with L. Helping to make learning fun, easy and engaging they were just what we needed.
#AD. In the interest of disclosure and transparency, the syndication of this article has been provided and paid for by FBD Insurance.
No matter where you live, your home is your sanctuary. It can be tricky to manage our spaces well, though, especially nowadays when many of us are working, studying and relaxing at home. As things slowly get back to normal, we have a great opportunity to spruce up our spaces with some basic home improvements. These four simple steps from FBD Insurance will help you make the most of your house, turning it into the warm and inviting home you and your family deserve.Continue reading Home Improvements: Tips & Tricks for 2022
Being engaged to your partner is an exciting time, but having the available finances for a wedding may leave you feeling conflicted on whether to arrange the big day or invest your money into property. In this article, we’ll discuss whether you should buy a house or get married…
For most couples, marriage, purchasing a house, and having children are significant parts of building their lives together. Although, the order in which to do this is often unclear to many. There is no right or wrong way to do life. Some people don’t want to get married, others don’t want to have children, and some couples want to do both. But if purchasing a house and getting married is on the agenda, figuring out what to do first is a concern of many.
The process of residential conveyancing and planning a marriage can be stressful, and that’s why when you make a decision on what you will do first, you appoint a conveyancing solicitor or wedding planner.
To learn more about whether you should buy a house or get married, keep reading…
What Are the Benefits of Purchasing a House?
It’s an Investment
Purchasing your own home over renting someone else’s is an investment. Instead of spending money that is going into paying off someone else’s mortgage, you are paying off your own. Property value has the potential to increase in the future. For example, you might purchase your home for £280,000, and in 30 years, there is the possibility that it may be valued significantly more.
Your Mortgage Might Be Cheaper Than Renting
Depending on your interest rate and the amount you borrowed from your mortgage lender, your monthly mortgage is likely to be cheaper than if you were to rent a property.
You Can Decorate it How You Want
With rented property, you most often don’t have the power to make it exactly how you want. You may not even be able to paint the walls, put photographs or shelves up, let alone undertake bigger home renovation projects.
For more information on the benefits of purchasing a house, take a look at Home Owners Alliance article on Buying vs Renting: Benefits of buying.
What Are the Benefits of Getting Married?
Increased Borrowing Power
This is an important aspect to keep in mind when you are considering getting married or buying a house. If you marry prior to purchasing a house, your marriage can provide benefits when it comes to borrowing money for your home purchase, whether that is concerning your mortgage, renovations or purchasing furniture.
Inheritance Tax Benefits
Being married not only comes with many benefits during your life, but you can also get some advantages when you pass away. These advantages can include, reducing the amount of inheritance tax your estate will need to pay.
When you leave anything valued above the threshold of your estate to your spouse, your estate will not need to pay inheritance tax. This means anything under the threshold can be left to anyone you want, children, siblings, friends, etc. Inheritance tax is also not due when you leave your entire estate to your spouse.
To learn more about the financial perks of getting married, take a look at the article Experian has: What Are the Financial Perks of Getting Married?
What Is More Beneficial Marriage or Purchasing a House?
Sadly we cannot provide you with a definitive answer as each person’s circumstances, wants, and needs can be entirely different from another individual’s. Both buying a house and getting married have benefits, but both also have cons.
The main factor to keep in mind when you decide to do one or the other is if you are using up all your savings. As, if you are, it may take a considerable amount of time to save that money again. Moreover, it is essential to consider what is more important to you.
You can make the decision by weighing up the pros and cons and taking the time to have a clear discussion with your partner about both. This will ensure that you and your partner are on the same wavelength and are both happy with the decision made.
The Decision of Whether to Buy a House or Get Married Is Yours
What we can conclude from this article is that there are both benefits to purchasing property and getting married. Although, ultimately, the decision of what order to do this in is entirely your own and what works best for you and your partner.
Let us know in the comment box below whether you are planning to buy a house first or get married.
Please be advised that this article is for general informational purposes only, and should not be used as a substitute for advice from a trained legal professional. Be sure to consult a lawyer/solicitor if you’re seeking advice on the law. We are not liable for risks or issues associated with using or acting upon the information on this site.
Disclosure – this is a collaborative post
With the state of the world constantly changing, you may have concerns about different aspects of your child’s future. While you may not be able to directly control the world or even your child, you might be able to put things into place that can help to remove some of these anxieties. This way, you can at least know that you did as much as you could to give them a positive future. The rest may be up to them to achieve.Continue reading How Can I Feel More Confident About My Child’s Future?
I love Christmas. I love decorating the house. I love the warm fuzzy feeling I get seeing other peoples decorations or meandering around garden centres to look at their amazing displays. I love the christmas lights twinkling away in peoples gardens. Just generally the whole season makes me very happy.Continue reading Avoalre Outdoor Christmas Lights
I know it’s early but I just couldn’t resist it! Avoalre have a great range of festive lights and when they asked if I would like to review something of course I jumped at the chance. It’s never too early to start preparing for Christmas in my mind.Continue reading Christmas Tree Topper from Avoalre
Halloween is one of my favourite holidays. The pumpkins, the weather, the fact hot chocolates are now acceptable and all the colours and fun that come with it. It’s not just for kids and it’s not just about Trick or Treating.Continue reading My Halloween Treats
Some of you may have wondered where I’ve been. Many of you won’t have noticed and that’s fine too, it’s not like I stick to a specific timetable when I write. But I don’t like to leave work that I’ve started unfinished and recently I have.
As it stands at the moment I have a book review to get live, a book to finish reading and two I haven’t even started. That’s just the book reviews. I have a competition to launch. Two Halloween recipes to get scheduled. Four product reviews to deal with as well.Continue reading Too Much