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LIFESTYLE MAGAZINE

PROPERTY NEWS

JUNE 2022

OUTDOOR LIVING SPACES TAKE THE INSIDE OUT THIS YEAR WITH OUR GARDEN LIVING IDEAS BEST PIZZA OVENS CREATE PIZZA PERFECTION IN THESE OUTDOOR OVENS

SUMMER FESTIVALS WE HAVE A LIST OF THE UK’S UNMISSABLE FESTIVALS

BEACH BOOKS A SELECTION OF BOOKS PERFECT FOR THE BEACH

UK CAMPING HOLIDAYS CAMPING OR GLAMPING WE HAVE A DESTINATION

CONTENTS LIFESTYLE

COVER STORY

Best Pizza Ovens Create incredible pizza at home with our top pizza oven picks

PROPERTY

Summer Festivals We have a list of the UK’s unmissable summer festivals

Monthly Gardening Guide June is set to be a busy month in the garden

Summer Reading Beach books, we have 3 top books perfect for your holiday

Camping/Glamping Holidays Perfect spots in the UK for a stay-cation this summer

Outdoor Living Spaces Take the inside outside this year

Solar Power House We show you the benefits of fitting solar power to your home

News Our latest mortgage news. Plus meet the team!

About us Get to know the Xact mortgages team!

Your home move Your guide to help you every step of the way on your home move

SPORTS

Wimbledon Check out our Ace preview to Wimbledon 2022

WELCOME TO THE JUNE ISSUE!

ummer is here. It’s the time of the year to get outside, whether that be in your garden or a trip to the beach, home or abroad. To celebrate the summer, this month, on pages 2 and 3, we look at the best ways to turn your garden into an outdoor living space. Following on, on pages 4 and 5, we look at the different pizza ovens on offer, and on page 6 we show you the best pizza dough and sauce recipes. If you’re looking for entertainment over the summer months, look no further than pages 8 and 9 where you will find our music festival guide, including favourites such as Glastonbury and BST Hyde Park. And if the camping bug has got you

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this year, on pages 14 and 15 we look at the best campsites in the UK. If you’re going to the beach, home or away, on page 12 we have a guide to some of the hottest reads available, new and old, and on page 13 we have your Wimbledon tennis guide for this year’s tournament. We also have your monthly gardening guide, to keep you busy as well as a feature on everything you need to know about solar panels. So, grab a glass of vino, or a beer, take a seat outside, and enjoy this month’s magazine. Jonathan Wheatley Editor

Take the inside out this year with our garden living ideas Gone are the days of gardens with nothing but grass and plants. As exterior design trends shift, it’s becoming increasingly popular to dedicate some of your garden to living. Moving your everyday activities outside can give them a whole new feel and potentially change your mood for the better, but it’s easy to feel overwhelmed while looking at designs. We don’t all have the budget or space to create the pictureperfect outdoor living paradises that dominate the internet and magazines, so let’s take a look at some smaller-scale ideas to transform any garden into a multifunctional extension of the home. Firstly, it’s important to consider exactly what you want to use this new space for. Many types of outdoor space will require you to pave over a section of garden, so you must be certain before committing to a change. We have seen three common uses: dining, relaxing and socialising. All three of these will require a different setup. Dining calls for surface space and stability, relaxing requires comfort, and for socialising you will need efficient seating and solutions to help you extend your gathering as long as possible. We will dive into each of these and outline the benefits as well as potential downfalls you will need to consider.

OUTDOOR LIVING SPACES DINING AREA

OUTDOOR LOUNGE

FIRE PIT

Eating outside is a great way to liven up a mealtime, but there are some important differences compared to indoor dining.

Fresh air and nature can do wonders for our stress levels, so an area to fully unwind is a popular addition to modern gardens.

One of the simplest ways to use your garden for socialising, a fire pit set up is a popular throwback to old-school camping.

The ideal setup will have a bigger table than you would find indoors because you’ll want to have everything for the meal outside with you; frequent trips back to the kitchen will interrupt your dinner and waste time, which is precious given how quickly food can cool down.

We love large sofa-like seating with lots of cushions to really mimic the cosiness of your living room. This will even let you lie down outside in full comfort. Unfortunately, British weather can be very unpredictable and there might be a risk of sudden showers. In this case, you’ll want to make sure you have a covered area nearby to quickly move all fabrics to, so they do not get damaged by rain.

The most obvious benefit is the heat—you can happily gather around long into the night without worrying about getting too cold. However, fire pits are limited when it comes to weather. You cannot use one under a shelter as the smoke will accumulate, so they are only suitable for days you know will be dry

Distance from the kitchen is another consideration. You won’t want to be trekking across the entire garden to a dining area you’ve placed in a back corner while carrying plates or pans, so building it close to the house would be a good idea. This has the added benefit of wind protection. Even the sunniest British day can suddenly become breezy, so being able to enjoy your dinner with some protection from a few angles would be ideal. Finally, you’ll want the area to be paved to guarantee stability under the table and chairs, whether you opt for picnic-style benches or individual seats.

You could also construct a gazebo or canopy to cover your new space. Though this will significantly increase the cost, it is a great investment as it lets you enjoy your relaxation space in most types of weather. It also gives you the chance to decorate the walls or surfaces to make it really feel like home.

If you place the pit directly on the lawn there is a high chance of it burning the grass, so we recommend a small, slabbed, area or even a circle of lava rock, which helps to maintain a natural look if you move the pit from the area. Depending on how you want to sit around your fire pit, you can get away with not laying slabs underneath the seating area. Camping chairs do the trick perfectly and take up little space so you can have lots of people around the pit. For a fully immersive atmosphere, consider getting some large logs or stumps with blankets on—just keep them away from the flames!

LIFESTYLE MAGAZINE

PIZZA OVEN TOP PICKS

Ditch the takeaway and cook your own pizzas in the back garden!

e needn’t say much about the Italian-born favourite—it is one of the UK’s top choices for a takeaway. However, the pizza you get from restaurants and takeaways might be different to traditional styles. To enjoy an authentically-prepared pizza, why not invest in a pizza oven for your garden? They are increasingly popular features of the modern outdoor living space, but researching them can be daunting given how many styles and brands there are on the market. Let us help you along with a brief guide to the different types and a few product suggestions! Generally the cheapest option, a barbecue-top pizza oven is a metal shell that houses a pizza stone, which you place on your barbecue to cook. Bridging the gap between budget and high-end ovens is the free-standing model, which contains its own heat source and can take various fuels depending on the make. The most authentic but expensive option is the brick or clay-built pizza oven, a structure with a large cavity in which to burn wood and cook pizza. BARBECUE-TOP PROS: Portable: Easily placed and removed from the barbecue so you can take it camping. Easy: Most barbecues use gas which maintains temperature while cooking Cheaper: A much more budget-friendly choice CONS: Less authentic: If using a gas barbecue you will lose the flavour gained from wood or charcoal, a hallmark of traditional pizza Limited space: Only one can be cooked at a time Has to fit barbecue: You must choose a model that will sit nicely; not too big or too small

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Ooni Fyra 12 Wood Pellet Pizza Oven Ooni online shop: £249.00 This company is a powerhouse in its field, and offers this oven as its budget model. While you don’t get to choose your fuel (since this is an exclusively wood pellet-fired oven), the speed of heating and cooking is praised by customers. You will notice a more complex flavour in the crust thanks to the wood pellet smoke. The main downside identified in reviews is that soot can build up easily so the oven needs to be cleaned—an issue you won’t find in gas ovens. (From online reviews).

https://uk.ooni.com/collections/ovens/products/ooni-fyra

PROS: Authentic: The most traditional way to make pizzas, with the best-tasting crust. More space: Can cook multiple pizzas at once, or keep some further from the flames to keep them warm in the larger model. Impressive look: This would make a real impression as a feature in your garden. CONS: Expensive: You will most likely pay three figures. Expensive fuel: Wood pellets can be expensive to buy Trial and Error: You will need to experiment to create the perfect pizza

La Hacienda BBQ Pizza Oven Amazon: £69.20 Easy to use with satisfying results, this pizza oven works on gas and charcoal barbecues but they need to be on the bigger side to properly fit it on. It doesn’t come with any additional tools, so you will need to get a pizza peel (the large spatula-like utensil used to slide the pizza in and out). (From BBC Good Food review). PROS: Authentic: Depending on the make, you can use charcoal or wood to heat the oven which will improve the flavour of the crust Portable: Though greater in size than the barbecue ovens, these are still designed to be moved about More attractive: This is a matter of taste, but we think these add a professional look to an outdoor living/cooking area CONS: Limited space: Generally, these ovens still only cook one pizza at a time Less authentic: No actual fire in the oven like the wood-fired type

www.amazon.co.uk/Hacienda-SteelPizza-Oven-Black/dp/B07J3GBHJF

Gozney Core Hot Box Stoves: £1,999.00 This product is the interior mechanism only, letting you construct a brick or clay house for the oven in whatever style you like. It will take a bit of time to perfect the cooking technique, but once you’re a master at controlling the temperature your pizzas will be the talk of the town!

https://www.hotboxstoves.co.uk/product/gozney-stone-core-pizza-oven/

LIFESTYLE MAGAZINE

BASIC PIZZA RECIPES

Top recipes to get you started with a wood-fired pizza oven. Wood-fired pizza ovens are all the rage at the moment, and rightly so. Supermarket pizzas don’t cut the mustard when compared to the first bite of a homemade pizza, and even though they take a little longer to prepare, they’re definitely worth the wait.

THE DOUGH

There are many recipes for pizza dough, however, here is the best one we have found for a tasty crust, full-of-flavour and crunch Ingredients: 364ml cold water 18g salt 20g fresh yeast (or 9.2g active dried yeast, or 7g instant dried yeast) *amend yeast quantities depending on proofing time. 607g “00” flour, plus extra for dusting Method: Heat one third of the water on the hob or in the microwave, and then add it to the remaining water with the yeast. Leave for five minutes until it is foaming. Place the flour and the salt in a large bowl and add the yeast mixture. Stir with a wooden spoon until it has combined. Turn the dough out onto a floured surface and knead with both hands for 10 minutes. Return to the bowl and cover with cling film. Prove for two hours in a warm place or until doubled in size. Turn the dough back out onto a flat surface and divide into four pieces. Leave these four pieces to prove for a further hour before stretching by hand to make your base.

THE SAUCE

The sauce is most important part of the pizza. It is where the flavour truly comes from, so it makes sense to source the finest ingredients and take your time. Ingredients: 2 cloves of garlic 1 tin (400g) chopped San Marzano tomatoes Handful of basil Handful of oregano 2 tbsp olive oil Salt and pepper Method: Add the oil to a large frying pan, and when hot add the finely sliced garlic and fry until soft. Add half the basil and oregano and cook until fragrant. Now add the tin of chopped tomatoes, season with salt and pepper, and lower the heat to let it simmer for twenty-minutes. Add the remaining herbs to the saucepan, take off the heat and leave it to cool before using. Handy Hints Ensure the sauce is cold before adding to the pizza otherwise the heat will make it melt and go soggy. Use dried mozzarella, not the wet mozzarella balls, otherwise the water from the cheese will turn your pizza into a waterlogged, inedible mess. Create pizzas one at a time, if you try to create more than one they will stick to your counter and you will be unable to get them on your pizza peel.

PROPERTY NEWS

SOLAR POWER FOR YOUR HOME You may be surprised at the benefits of upgrading to solar power for your home So, what is solar power, and how does it work? In short, solar power changes sunlight into electricity. Sunlight is caught by the solar panels attached to your roof, and then converted into usable electricity by the inverter. This can then be used to power appliances in your home directly, or stored in a battery for use later when the sun is not shining. In the long term, it can be a fantastically cost-effective way to power your home, and with the property market booming at the moment, it’s certainly something to at least think about.

WHAT ARE THE BENEFITS OF SOLAR POWER? Solar power is pollution-free, meaning it causes no greenhouse gasses after installation has taken place. Using solar power means the reduced dependence on foreign oil and fossil fuels, which is always a great thing for our planet. Solar power is renewable and clean power that is available every day of the year, with even cloudy days producing some power. Using solar power means a return on your investment, as opposed to paying towards utility bills. Solar panels can significantly increase the value of your home, if/when you decide you want to sell. Using solar power means you can qualify for tax breaks and cash incentives.

HOW TO INSTALL SOLAR PANELS. You can either hire labourers to install your solar panels for you, or you can do it yourself, saving potentially thousands of pounds in the process. If you do decide to do it yourself, however, you should know exactly what you’re doing, because each of the following steps requires high precision and reliable knowledge and experience, so only do it yourself if you’re completely confident doing so. There are plenty of specific details online related to each of the steps outlined below. But here are the basic steps to take when installing solar panels: Set up the scaffolding. Install the solar panel mounts. Install the solar panels themselves. Wire the solar panels. Install the solar inverter. Bond the solar inverter and the solar battery. Connect the inverter to the consumer unit.

The cost of having solar panels installed has lessened over time, ensuring an ever-greater promise of a return on your investment.

Start and test the solar panels.

LIFESTYLE MAGAZINE

YOUR GO-TO GUIDE TO THIS

SUMMER’S UNMISSABLE

UK MUSIC FESTIVALS

Wellies, pop-up tents and floral headdresses at the ready

s the days get longer and the odd day of warm weather creeps up, many of us will be turning our attention to the swiftly approaching festival season.

Music festivals are a true phenomenon and are the ideal way to spend a few nights away with your friends, or family, cramped into a tent far too small for so many people, creating lifelong memories and witnessing globally loved music acts and bands. Festivals do not have to be all about getting plastered in mud however, and can be fantastic occasions for the whole family. Here in the United Kingdom, we are so lucky to have such a plethora of annual festivals to choose from. Held up and down the country, fitting two or three festivals in during the summer months can truly give you something exciting to look forward to. We have put together a guide to some of the most eagerly anticipated festivals to look forward to this summer and some of the acts performing, featuring the likes of Elton John, Billie Eilish and Sam Fender.

BST HYDE PARK

BST Hyde Park, presented by American Express, is a two weekend festival from Friday, June 24 until Sunday, July 3, featuring six concert days, as well as four free midweek days. Hosted at Hyde Park, in London, the festival has been held annually since 2013, apart from 2020 and 2021, and has seen massive names perform including Celine Dion, Bon Jovi, Barbra Streisand, Lionel Richie and Kylie Minogue. Huge names set to perform at this year’s event include iconic English singer, pianist and composer, Elton John, London’s very own rock band, The Rolling Stones and singer-songwriter, Adele. Elton John will take to the stage on the first day of the festival, followed by The Rolling Stones on the Saturday and the Eagles on the Sunday. Adele will then perform on Friday and Saturday, July 1 and 2, followed by The Rolling Stones, again, on Sunday, July 3.

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GLASTONBURY

Where better to start than with one of the biggest names on the UK’s festival scene and an ever-popular choice for any festival-lover, Glastonbury. The five-day festival, held in Pilton, Somerset from Wednesday, June 22 until Sunday, June 26 this year. Boasting something for everyone, Glastonbury brings together all manner of arts alongside the expected fantastic musical entertainment, with comedy and dance acts also regularly on offer. Headlining is always a massive badge of honour for any musician or band, with icons of the music scene such as David Bowie, Radiohead, Arctic Monkeys, Foo Fighters and Bruce Springsteen leading the way during the festival’s more than 50 year history. Headliners for this year will be Billie Eilish, Paul McCartney, Kendrick Lamar and Diana Ross, on Friday, Saturday, Sunday and the teatime legend, respectively. Other acts set to perform this year include Years & Years, Pet Shop Boys, Noel Gallagher’s High Flying Birds and Olivia Rodrigo.

Y NOT FESTIVAL

Slightly later in the summer will be another popular choice in the music festival calendar, Y Not Festival. This is set to take place from Friday, July 29 until Sunday, July 31, in the Derbyshire village of Pikehall. The festival, which did not go ahead in 2020 or 2021, due to the worldwide Coronavirus pandemic, started life as a house party all the way back in 2005 but has now grown over 14 years into an event that boasts huge names from the world of indie, rock and pop music. Aside from the music, the weekend of entertainment will also feature comedy, paint fights and carnivals. Acts announced for this year’s Y Not Festival include Stereophonics, Courteeners, Blossoms, Manic Street Preachers, Nothing But Thieves, The Vaccines and the Thursday night headline slot has been filled by English indie rock band, The Kooks.

TRNSMT FESTIVAL

Scotland’s TRNSMT musical festival will this year take place from Friday, July 8 until Sunday, July 10. Hosted at Glasgow Green, in Glasgow, the pop, rock and electronica- themed festival has been held annually since 2017, aside from 2020. The Scottish crowd are treated to fantastic musical acts from across the globe, all invited right into the heart of Glasgow city, on the banks of the River Clyde, making this a memorable addition to the UK’s festival calendar. Big names set to perform this year include Lewis Capaldi, Paolo Nutini, Sam Fender, Nile Rodgers & Chic, Tom Grennan, The Lathums, Ella Henderson and The Bootleg Beatles.

LIFESTYLE MAGAZINE

Your monthly gardening guide

JUNE

GARDENING

GUIDE I

t’s June, which means summer has officially begun. Your garden should be in full swing, whether it be with vegetables, herbs, fruit or flowers, however, June is one of the busiest months to keep on top of your plot.

FLOWERS Flowers need special attention in June, especially with tidying and pruning. Wisteria is one of the loveliest plants in Spring, however, by June it will need its summer prune to tidy it up and promote generous flowering next year. It is quite a simple job, simply cut all the long sideshoots back by 20cm. Tall perennials such as hollyhocks and delphiniums will need support with a sturdy cane. Bamboo is best as it bends slightly in strong winds, thus offering more support. Continue planting summer bedding in pots and borders to keep your garden interesting with colour during the summer months. These will need to be watered regularly in the warmer weather to help them establish. Tie in new stems of climbing and rambling roses. This will keep them neat and tidy as they grow and also encourage more flowers throughout the season.

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VEGETABLES AND HERBS Keep nipping off sideshoots on tomato plants as soon as you see them. These are little shoots that form in the V between stems and will take away energy from the main plant. Chop off the top of your chilli plants to encourage bushier growth and more fruits. To do this, when the plant is a foot tall, follow the main stem down, and then measure to the last two sets of leaves. Snip the stem and in a few weeks, you will have a bigger, bushier plant. If using raised vegetable beds (we will show you how to make one below) then ensure they are getting plenty of water. Also, keep an eye out for potential pests such as slugs and other pests that are individual to what you are growing. Keep on picking leaves of herb plants to encourage more growth throughout the season. CREATE AND FILL A RAISED PLANTER WITHOUT BREAKING THE BANK Raised planters are great for growing fruit, vegetables, flowers and herbs, however, depending on the size of the one you have created, they can be expensive to fill with compost alone. Never fear, we have some helpful tips to help you create and fill a raised planter without breaking the bank.

June is one of the busiest months to keep on top of your plot.

One of the easiest ways to build a planter is by using old decking. If you don’t have any laying around, then you can source some for free or cheap off Facebook marketplace. You can use any wood, as long as it is sturdy as the compost will be very heavy once filled. When you have the decking boards or wood, then cut them to the right length for your garden. Remember, the bigger you make it, the more compost you will need. Once they are the right size, screw them together using heavy-duty decking screws and then move it into place. On top of grass is absolutely fine, and there is no need to dig using the following hügelkultur method. Now simply lay some broken up cardboard at the bottom and soak it with water. Next, you will want to add some organic matter. Start with big logs before adding smaller twigs, leaves and grass cuttings. Give it another good soak with water and add some fresh manure or compost improver if you have some. Now, hopefully you will already have a half-full raised planter, all you need to do now is add some topsoil or compost, either from a composter, or shop-bought compost. Give it a rake, pull out any bits of twigs you’re not happy with, and another water. Leave it to settle for a few days, before giving it another rake, and then you are ready to add your plants.

LIFESTYLE MAGAZINE

BEST BEACH READS

THIS SUMMER The weather is back to being warm and sunny, making it the perfect conditions for sunbathing and reading on the beach

s we know, no beach sunbathe would be complete without a good book to help us escape into that relaxing and infinitely peaceful fantasy world of fiction. We’ve selected the three novels we think are the best for those summer beach days.

ATONEMENT It’s a novel that many of us have already read, but the sheer quality of this masterpiece by Ian McEwan lends itself to more than one read-through. The first half of this fictional story is set directly within a heatwave, making it an ideal read for the summertime. It’s also a very poignant romance tale. Set in three time periods – 1935 England, Second World War England and France, and present-day England – the plot covers an upperclass girl’s half-innocent

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mistake which ruins lives, her adulthood in the shadow of that mistake, and a reflection on the nature of writing.

This read will be sure to encourage a whole new appreciation of your real-life summer surroundings, and help you see life in an entirely different light.

THE FAMILY HOLIDAY This is a relatively new release, being published back in March. Dubbed ‘a totally gripping psychological thriller with an unforgettable twist’, this is a thriller novel which will keep you on the edge of your deckchair. Set within summer settings, the story takes you on a dark and grisly ride of deceit and murder,

with a plot twist to die for. Written by Shalini Boland, the novel features two families who swap homes, one in Italy and the other in England, and the journey will take you on an endeavour of mystery, deceit and secrets which will keep you racing through the pages, non-stop, until the very end. Perfect for that escapism you’ll be craving on the beach on a summer’s day.

THE BEACH Written by English author Alex Garland, The Beach is a novel that’s directly centred on a beach, the paradise it supposedly beholds, and the pursuit of it. This read will be sure to encourage a whole new appreciation of your reallife summer surroundings, and help you see life in an entirely different light. The plot consists of a young British man who escapes his life through travel, largely funded by his family. Richard, the traveller, arrives in Thailand and receives a map to a beach paradise through the kindness of a stranger, and the intrigue generated by this gesture and journey is a paradise unto itself.

WHAT YOU NEED TO KNOW ABOUT WIMBLEDON I

With tennis fever just weeks away, the annual tennis tournament attracts the stars of the game and always gets the country buzzing.

t is almost time to get those beautiful strawberries served up with the cream, and the Pimms mixed, as Wimbledon is very nearly upon us. Wimbledon forms one quarter of the Grand Slam tennis calender, alongside the Australian Open, the French Open and the US Open, and is the only event among the four to still be played on the traditional tennis playing surface of grass. Members of the Royal Family, stars of other sports, actors and singers are all regularly seen in the crowds of Wimbledon, with the 2021 event attracting the likes of Kate Middleton, Pete Davidson and David Beckham. The annual tennis tournament, which is as quintessentially

2022

British as the Queen’s corgies is set to appear in her second and red telephone boxes, will Wimbledon appearance at the be taking place from Monday age of just 19. Raducanu shot June 27 until Sunday July 10. into the limelight in 2021 and This year’s became the tournament, country’s tennis The annual tennis which has and sporting tournament, which is been held in sweetheart, as quintessentially the capital after making British as the Queen’s since 1877, will her debut corgies and red see Serbian in last year’s telephone boxes, will Novak Djokovic Wimbledon be taking place f rom attempt to tournament Monday June 27 until retain his men’s on a wildcard Sunday July 10. single’s crown and advanced from 2021 and to the round win the competition for the of 16, becoming the youngest seventh time against the likes British woman to reach this of German Alexander Zverev, stage. She then followed this Spaniard Rafael Nadal and up by winning the US Open the highest ranked British tournament in September player and current world and was even named the number 11, Cameron Norrie. BBC Sports Personality of Fellow Brit, Emma Raducanu the Year in December.

Djokovic and Nadal are currently among the bookies favourites to claim the gong for the men’s singles, while the likes of Iga Swiatek and Naomi Osaka are expected to perform well in the women’s.

It has been announced by the All England Lawn Tennis club that this year’s Grand Slam tournament will not feature any Russian and Belarusian players, due to the former’s military action in Ukraine and the later’s support of this, this will see big names of the sport, such as the men’s world number two ranked player, Daniil Medvedev, and women’s world number four Aryna Sabalenka, not play.

LIFESTYLE MAGAZINE

HOTSPOTS ACROSS THE

UNITED KINGDOM PERFECT FOR YOUR NEXT CAMPING OR GLAMPING HOLIDAY Whether you are looking to pitch up a tent or get cosy in a futuristic glamping pod, there is something for all

amping and glamping holidays provide such a great way to create lifelong memories with the people you are with. Making sure you choose the right place to base your next holiday is crucial. With the rise of “Stay-vacations”, many of us are deciding to keep our feet on the ground rather than jetting off to sunnier climates. The most difficult decision can be deciding just where to book, with so many beautiful coastlines and seaside villages to explore. Here are just a handful of stunning locations you could pick for your next break.

LOCH TAY HIGHLAND LODGES Those waking up on a beautiful morning at the Loch Tay Highland Lodges may be forgiven for thinking they have been transported into a Scandinavian woodland. This is an ideal getaway from the hustle and bustle of modern day life in a beautiful part of the country, in Milton Morenish, Killin, Scotland. Set off Loch Tay, those looking to take part in a spot of glamping are in luck. By bringing together the natural charms of camping and the home-comforts of everyday life, glamping is a great choice of holiday for anyone after something a little bit special. The highland lodges have plenty on offer, including glamping pods, offering a cosy and quirky alternative to canvas tents, as well as geometric dome huts, offering panoramic views of the beautiful night sky. Visitors will be surrounded by mountains, lochs, rivers and will be within an easy driving distance of nearby hotspots, including Edinburgh, Stirling and Glasgow.

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CELTIC CAMPING AND BUNKHOUSE ACCOMMODATION Anyone looking for a true Welsh camping holiday can head to Celtic Camping and Bunkhouse Accommodation, at Pwll Caerog Farm, which sits just four miles outside of St Davids. Boasting views of St George’s Channel, between Wales and Ireland, the site has both camping and glamping slots available for visitors. The open-field campsite, providing plenty of room to breathe, explore and connect with the Welsh countryside, will leave you amazed by the beautiful Pembrokeshire coastline. Touring caravans, camper vans and tents of any size are welcome to the site which allows visitors to select their own pitch to meet their own needs on arrival. Usual facilities are all offered, such as toilets and showers, as well as a large dining hall with water dispensers, a washing machine, tumble dryer, fridge freezer and plenty of indoor seating. The site has direct access to the Pembrokeshire Coastal Path, which is a 186 mile long National Trail following along the breathtaking West Wales coastline.

SERENITY CAMPING, SALTBURN-BY-THE-SEA Described as “a haven for walkers, wildlife enthusiasts and those wishing to enjoy the spectacular North Yorkshire coastline”, and it is very difficult to disagree. Serenity Camping, in Saltburnby-the-Sea, near Whitby in North Yorkshire, sits just a mile from the beautiful sandy beach at Runswick Bay. Tents, touring vans and motorhomes are all welcome at the site, which has a village centre with its own family-run butchers, two pubs, a bistro, a coffee shop and exactly what you need on a visit near the seaside, a fish and chip shop. Serenity Camping is set in a beautiful part of the country and can act as an ideal base to then explore the surrounding area, with direct routes to miles worth of walks, ideal for nature lovers and families with dogs.

TRELISPEN CARAVAN AND CAMPING PARK When starting to think about booking a holiday away in the United Kingdom, Cornwall is always one of the first places we all think of. The south west of England boasts stunning sights, adorable and historic coastal towns and villages and of course, the delicious cornish pasties we all love. A popular site to pitch up for a stay is Trelispen Caravan and Camping Park, in Gorran Haven, Saint Austell. Sat right on the edge of the stunning coastline, the small, peaceful, rural campsite is targeted towards those looking for a rural return to the wild. Offering just 25 pitches and without a clubhouse, gives visitors a beautiful view of the night sky on the edge of the country. A range of pubs and shops are within walking distance of this site, which proves a great location to act as a base to explore everything Cornwall has to offer for holidaymakers. The Lost Gardens of Heligan and the Eden Project are just two of the nearby holiday hotspots you will not want to miss.

LIFESTYLE MAGAZINE

Winter 2021/22

Mortgage & Protection news

mortgages

The newsletter from Xact Mortgages Limited

With rising inflation, the interest rates on mortgage deals are also on the up...

Inflation rose to 4.2% in October (the highest level for almost 10 years), and is expected to peak at around 4.4% in 2022. To counter this inflationary growth, there’s pressure on the Bank of England to consider increases to its interest rate. (Sources: Office for National Statistics, Consumer Price Inflation; and Office for Budget Responsibility, Economic Outlook, Oct. 2021)

In fact, it has already had an impact on mortgage interest rates, with lenders factoring this into their pricing, resulting in rate rises for a number of deals on offer. Whilst the direction of travel is upwards, these increases are coming from a record low base, which means that there are still excellent deals out there. But, for how long? So, for a range of borrowers, perhaps now is the time to act to lock-in the current low rates: ■ those looking to secure their first loan deal. ■ those who have a mortgage deal that’s due for review in the next 6 months or so. ■ existing borrowers who simply want to obtain a decent interest rate now and/or raise more funds.

Planning how we live... A further consideration, and a by-product

Xact Mortgages Limited 6 The Square, First Floor Solihull B91 3RB Tel: 0800 014 9962 Email: sales@xactmortgages.co.uk Web: www.xactmortgages.co.uk

Time to Act? of the pandemic, is that many of us have given thought to the future set up of our home and the way we live. This could encompass both where we live (with some leaving the cities), or the amount of space we need (as many will continue to work from home, full or part-time).

House Price growth Possibly surprising for some, in this period of economic uncertainty, the average UK house price has actually risen 9.9% annually. (Source: Nationwide, House Price Index, October 2021)

It’s largely been driven by government tax incentives, and buyer demand for a different type of home, against a limited number of available properties. Continued on the next page

You may have to pay an early repayment charge to your existing lender if you

Mortgage Deals Decent

rates on o ffer, but startin g to rise (Source: Mo neyfacts, 8 Nov. 2021 )

Remortgaging If you’re moving towards the end of your deal period, then you ought to be considering what’s on offer from your existing, or alternative lender(s). To do nothing would mean you revert to your lender’s Standard Variable Rate, which may be in the realms of 4.41%. The following are comparative average fixed rates across the board (to give you a general feel). For those that tick all the boxes, rates are on offer from around 1% for largely 60% LTV. ■ Coming off a 2-year fixed deal - Average rate 1 Nov. 2019 = 2.45% - Average rate 1 Nov. 2021 = 2.29% ■ Coming off a 5-year fixed deal - Average rate 1 Nov. 2016 = 2.98% - Average rate 1 Nov. 2021 = 2.59% (Source: Moneyfacts, 1 November 2021)

remortgage.

■ Xact Mortgages Limited is an appointed representative of PRIMIS Mortgage Network (PRIMIS), a trading name of First Complete Limited which is authorised and regulated by the Financial Conduct Authority. PRIMIS is only responsible for the service and quality of advice provided to you in relation to mortgages, protection insurance and general insurance products. Any other product or service offered by Xact Mortgages Limited may not be the responsibility of PRIMIS and may also not be subject to regulation by the Financial Conduct Authority. ■ This firm usually charges a fee for mortgage advice. The amount of the fee will depend upon your circumstances and will be discussed and agreed with you at the earliest opportunity. ■ Your property may be repossessed if you do not keep up

repayments on your mortgage.

Time to Act? (contd) Continued from the previous page

Decent deals on offer Even in light of the current inflationary pressures, there are still a number of deals in the realms of 1%. These are primarily (but not exclusively) for those that need to borrow 60% or less Loan-to-Value (LTV) of the home’s value. However, even those needing 90% or 95% LTV could still be looking at the better deal rates of around the 2-3% mark. (Source: Moneyfacts, 17 November 2021)

These deals may be particularly enticing, but it’s not just the headline rate that needs to be considered, it’s the associated fees, and lender requirements. That’s why it makes sense to take professional advice to identify the most suitable route for you.

The help we can offer... For our part, we know where to look, as we are doing this every day for our clients.

Additionally, to help that process, and for you to be able to move swiftly, it makes sense to have all of your financial details to hand, such as bank statements and payslips. This is because lenders continue to apply stringent controls on the ‘evidencing of income’ and ‘affordability’.

Find out your Credit Score This is also really useful information to have, as it would provide us with further background knowledge. A popular site you could use is checkmyfile.com, as that brings together findings from all the rating agencies. And if your score’s not great, there may be ways to improve it. Please get in touch to hear more... You may have to pay an early repayment charge to your existing lender if you remortgage.

Quick check Monthly payments for a mortgage per £1,000 borrowed over 30 years Interest rate %

0.25 0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00 4.50 5.00

Interest-only* £

0.21 0.42 0.83 1.25 1.67 2.08 2.50 2.92 3.33 3.75 4.17

Repayment £

2.88 2.99 3.22 3.45 3.70 3.95 4.22 4.49 4.77 5.07 5.37

Here’s how to use the mortgage payments calculator: A £100,000 mortgage over 30 years, charged at a 2% interest rate would cost 100 x £3.70 (for Repayment) = £370 per month. * Excludes any payments to a separate savings scheme, to help pay off the capital amount borrowed. This calculator only provides a guide to monthly payments and does not guarantee eligibility for a mortgage. The actual amounts that you may have to pay may be more or less than the figures shown. Please contact us for a personalised illustration.

■ Your property may be repossessed if you do not keep up repayments on your mortgage.

First-Time Buyers It’s a contradiction for many aspiring First-Time Buyers that what they’d pay in mortgage repayments is often less than their monthly rent, yet it remains difficult to get onto the property ladder. It’s not as if the desire to own a property is not there. In fact, 49% of 18-34 year-olds surveyed said that homeownership is now more important to them as a result of the pandemic.* (Source: *Santander, Life after lockdown, June ‘21)

Raising the Deposit 52% of this age group also set out that the deposit was their biggest hurdle.* However, Government intervention with the Mortgage Guarantee Scheme has helped bring about more products (across the board) that only require a 5% deposit. Others may be able to benefit from the Bank of Mum & Dad (plus Grandparents) to help deliver the deposit.

Rising House Prices

Type of Mortgage you opt for

The demand for more space afforded by larger properties has helped drive up prices. So, you may find that if you’re after a smaller home, it might be more achievable than you first thought to get a foothold on the property ladder. Additionally, there’s the Government’s First Homes Scheme for new-build properties (in England, although other initiatives may exist elsewhere in the UK). For eligible purchases, it’s designed to provide homes at a minimum discount of 30% against the market value, resulting in both a smaller deposit and mortgage loan. However, the discount off the price remains with the property when you sell it on.

Another way of reducing the monthly mortgage payments is to take out a mortgage over a longer term, such as paying back over 35 years. Although, this means that you will be paying more money back, if extending the payback period. However, over your lifetime of property ownership, you’re not committed to stay with the same deal - with homeowners often having a number of different mortgage deals across the years. The process can be confusing and that’s why around nine out of ten First-Time Buyers are likely to use an Adviser. (Source: Accord Mortgages, July 2021)

a standard 6m x 4m extension could cost in the region of £26-34,000.

Should I Stay or Should I Go?

The last 18 months or so may have made you realise that you need more space for both you and your family, with some preferring to stay put, rather than move.

The upside of this is that your current property may have increased in value compared to when you took out your existing mortgage deal. If that’s the case, then it may be easier for you to borrow extra money (if needed) to help create the space you want.

Property price rise For example, if you’re coming to the end of a 5-year mortgage deal, the average house price in October 2016 was about £206,000, by October 2021, it’s around £250,000. (Source: Nationwide, House Price Index, October 2021)

If you borrowed 70% LTV in 2016, then by 2021, you’ll be under the 60% LTV threshold, which opens up the better deals. Or, you can take a view that you are able to meet the borrowing criteria, and are comfortable with a 70% LTV deal - thereby releasing around £30k+ of extra funds. Of course, taking on extra borrowing may not be the most suitable route for you.

Additionally, if you remortgage before the end of the deal period there may be financial penalties. So, you have to weigh up all of this, along with the alternative costs attributable to moving home to secure the space you need.

Build up or build out? This would be the most obvious way to secure the extra living space you need. And whilst it’s likely that there are planning and building regulations to consider, the planning aspect can be less onerous these days if you remain within an accepted footprint, and keep your neighbours onside.

Extension This could create an extra room for an office, or simply be an extension to the kitchen area to help create more space. Rough costs: according to mybuilder.com,

Protection Insurance Rather than hunkering down following Covid claims, the Protection industry has responded positively and continues to pay out most claims, and deliver innovative products for today’s lifestyles... With the ongoing impact of the pandemic,

repayments on your mortgage’ possibly

it’s important to consider ways of insuring

resonates with them. Those renting also

yourself against early death, or the inability

need to ensure they can stay in their home.

to earn an income due to a serious illness, mental health issue or injury. In fact, according to Royal London, 15.9m people now feel more financially

So, don’t just view Protection Insurance as a small issue to consider when taking out a mortgage deal. Instead, get in touch with us to see if what you have

vulnerable than they did back in March

currently works well for you, or if there are

2020. (Source: Royal London, August 2021)

areas where you feel exposed.

The warning that ‘your property may be repossessed if you do not keep up

As with all insurance policies, terms, conditions and exclusions will apply.

Loft conversion This can create a master bedroom with en suite, be used as an office, or simply deliver an extra room(s) to ensure everyone isn’t always on top of each other! Rough costs: according to mybuilder.com, this costs on average £40,000.

Wide-ranging renovations Alternatively, you may want to do more, such as extend and update your kitchen, rewire, new heating system, new windows, and so on, to ensure the home layout works as best as possible for you. Rough costs: according to Checkatrade, against a 3-bed property, this might cost in the realms of £38-74,000.

Does it add value? Generally, it should. With an extension, or loft conversion, you are delivering more space, which should, understandably, make your home more marketable. (Sources: mybuilder.com website & Checkatrade website, both September 2021)

You may have to pay an early repayment charge to your existing lender if you remortgage. n Your property may be repossessed if you do not keep up repayments on your mortgage.

98% of all claims were paid out in 2020, equating to £17,000,000 a day! Life Cover

n 99.5% of all claims were paid out. n Average payout of £79,304 (term),

£4,026 (whole of life).

Critical Illness

n 91.3% of all claims were paid out. n Average payout of £67,011.

Income Protection

n 86.5% of all claims were paid out. n Average payout of £22,170. n Average length of claim could

be around 6 years.* (Sources: Association of British Insurers, 2020 data, May 2021 release; *2020 claims data from LV and Aviva)

Make it

Work for Yourself The Self-Employed may feel hard done by in recent times. Some would have missed out on Government financial support, and mortgage lenders have been applying stricter lending criteria. So, it’s no wonder that many feel they’ll never own a home, or will face issues when seeking a new mortgage deal.

At the outset of the pandemic, much of this was true regarding the ability to secure a mortgage. More recently, 47% of self-employed workers still feel deterred from even applying for a mortgage because of their self-employed status. (Source: The Mortgage Lender, August 2021)

But, let’s not forget that the self-employed sector comprises around 4.3m workers. Whilst that’s down on the 5m at the start of the pandemic, it’s still a sizeable part of the total workforce (around 13%). Of those remaining, many would have been nimble enough to adapt their offering in light of the economic climate. (Source: Office for National Statistics, Labour market overview, September 2021 release)

Also, the resourcefulness and size of this marketplace is not who seem to be easing some of their criteria restrictions. For example, some lenders appear to be more accepting of variable income streams such as bonuses, commission, or overtime, than before. Plus, there’s the revamp of IR35, which may impact upon affordability issues for some. If you find yourself in this situation, then it would be prudent to also have a chat with your accountant.

lost on lenders,

LIMITED GOVERNMENT SUPPORT ■ The majority of self-employed people (57%) said they

Rates on offer For those that can meet the affordability criteria required by lenders, they may benefit from the current competitive pricing. There are headline-grabbing ‘circa 1%’ deals, largely for the 60% Loan-to-Value (LTV) borrowers. But the competition amongst lenders has meant that even at the low deposit deals for 90% and 95% LTVs, it’s still showing low average rates for 2-year fixed rate deals of 2.54% and 3.22%, respectively. With slightly higher rates for the 5-year deals. (Source: Moneyfacts, 1 November 2021)

Insuring your income stream In addition to having Life Cover insurance to help pay off the mortgage, and to support your family, you should protect your income stream too, if you were unable to work through an injury or serious illness. This could come in the form of a Critical Illness policy (as a stand-alone plan, or an add-on to life cover), and would pay out a tax-free lump sum on a successful claim. Alternatively, there are Income Protection plans, which are designed to pay out a monthly income for a successful claim. Yet, many self-employed and contract workers mistakenly believe that they’ll never qualify for this insurance protection. That is generally not the case and, in fact, this insurance is possibly even more important for the self-employed, who are unlikely to have employee benefits, such as sick pay.

had no government support in the last 12 months. ■ Of those that did receive support, 28% received a grant,

with less taking up the various loans on offer. ■ A small percentage (9%) had used the furlough scheme

As with all insurance policies, terms, conditions and exclusions will apply.

for their staff. (Source: The Mortgage Lender, September 2021)

■ Your property may be repossessed if you do not keep up repayments on your mortgage.

Rental returns Despite the difficult economic environment, many of the fundamentals for a positive Rental sector for Landlords still remain, when you consider the following three statements... ■ Enough new homes are being built: there aren’t. ■ A deposit for first-time buyers is easy to secure: it isn’t. ■ Mortgage interest rates are sky high: they aren’t.

Were those factors true, then the Private Rental Sector would be less appealing to Landlords. As it happens, demand remains high, and if Landlords want to remortgage, then property price increases over recent years (combined with low interest rates) are working in their favour.

A downside

should open up the better deals. And, for others, it will present opportunities to raise further funds to renovate the existing property, or help to access money to purchase additional properties.

Buy-to-Let interest rates This information may be relevant should Landlords be nearing the end of their deal period, or are simply looking to remortgage. The comparative ‘average’ rates across all LTVs are even lower than the 2 and 5-year ones that could be coming to an end, despite the recent upward trend in rates. And, if the Landlord falls into the lower LTV arena, then they could have access to even better deals: 1 November 2016 = 3.72% (historical 5-year deal rate)

Of course, it’s not all plain sailing, as Landlords still face sizeable regulatory and tax issues to navigate, and many will have suffered from the recent support afforded to defaulting renters.

1 November 2021 = 2.88% (2-year deal) / 3.18% (5-year deal)

Renter demand

Do talk to us to hear more.

As said, demand remains high, but the hotspots have changed throughout the UK compared to pre-pandemic times. Some renters (as with house purchasers) have moved away from the cities. Overall, the UK average monthly rent figure is at £1,059, up 8.7% on the year prior. Regionally, the biggest annual growth has occurred in Wales (12.9%), Northern Ireland (11.6%), Greater London (9.7%) and the North West (8.9%). (Source: Homelet Rental Index, October 2021 data, released November 2021)

1 November 2019 = 2.96% (historical 2-year deal rate) (Source: Moneyfacts, Buy-to-Let Average Fixed Rate deals, 1 November 2021)

There is no guarantee that it will be possible to arrange continuous letting of the property, nor that the rental income will be sufficient to meet the costs of the mortgage. The value of your Buy-to-Let property and income from it can go down as well as up. You may also require advice on the legal and tax issues. The Financial Conduct Authority does not regulate legal and taxation advice, and most Buy-to-Let mortgages.

House Price growth

HM Revenue & Customs practice and the law relating to

Over recent years, many Landlords will have benefited from house price rises. If this is the case, then it should deliver more options for those nearing, or coming off 2- and 5-year mortgage deals. For example, in October 2016 the average residential house price was £205,904, five years on, it’s £250,311 - a jump of over 21.5%.

taxation are complex and subject to individual circumstances

(Source: Nationwide, House Price Index, October 2021)

In some cases, that may mean access to lower LTV rates, which

and changes which cannot be foreseen. You may have to pay an early repayment charge to your existing lender if you remortgage. ■ Your property may be repossessed if you do not keep up repayments on your mortgage.

The continuing impact of the pandemic has reinforced the importance of protecting your income stream through insurance cover such as an Income Protection policy.

Protect your EARNINGS... »

Across a working lifetime, consider this: the average annual income of about £30,000 (discounting inflation), could equate to about £1,400,000. This amount is almost six times the current average value of a UK home - circa £250,000. Yet many will willingly insure their home, plus sensibly take out life cover to help pay off the outstanding mortgage (as a minimum), but far fewer apply the same principles to their own income stream.

(Source: Office for National Statistics, Labour market overview, September 2021 release)

payouts from the Income Protection policy for that period of time, and face lower premiums as a result. Income Protection will generally cover up to around 60-65% of your gross income, and dependent on the type of product you opt for, it could be a tax-free monthly payout until you’re well enough to return to work, retired or have died, whichever occurs first. And, if you’re still working and paying premiums, you can claim against it more than once. Alternatively, if a lower monthly premium is better for your pocket, then you could opt for a scheme that only pays out for a specific period of time, generally one to two years (although it can be up to five, in some instances).

Probability calculator

Funding your insurance cover

To get a feel for your own particular circumstances, why not use this probability calculator which sets out the ‘broad’ chances of you being off work for a period of time, along with suffering a critical illness, or dying. Simply enter your age, gender and smoker/nonsmoker information into - www.riskreality.co.uk. Of course, it’s only topline data, and personal circumstances will differ. It shows, for example, that there’s a 33% chance for a 35 yearold, non-smoking, male to be off work for 2 months or more from now up to a retirement age of 68. For a female, the comparable figure is 41%. If viewed as a couple, then the risk of it occurring to just one of them rises to 60%! And, once you factor in that they are also smokers, the comparable figures are 41%, 51% and 71%, respectively. Whilst these results are merely a guide, it shows that bad things can happen.

You may be surprised that by simply cutting back on some of life’s small luxuries (odd takeaway, cab ride, cafe coffee, magazine, etc), you can swiftly set aside the premiums for an insurance plan that protects your income stream. Even better if you are one of the two in five Brits that have actually saved money across the pandemic period - a combined £5.8bn per month in 2021.* Part of these savings could be sensibly directed to paying the premium for an Income Protection plan.

(Sources: Office for National Statistics, Labour market overview, September 2021 release; Nationwide, House Price Index, October 2021)

Are we Invincible? Most of us will feel that being off work long-term, and unable to earn an income is unlikely. But it has happened to 2.15 million people in the UK, who are currently off work due to long-term sickness.

If it happens to you... The upside (unless you’re a contractor or self-employed) is that you may, initially, benefit from ongoing financial support from your employer, if you were off work due to an illness, or injury. However, it’s only likely to be there for a defined period. Plus, there’s limited state support to try to access. In which case you need to look at how you might cover any income shortfall, and this is where you could plan ahead and have an Income Protection policy in place. If you benefit from employer support, then you could defer

(Source: *LifeSearch, Health, Wealth & Happiness, Q2 2021)

As with all insurance policies, terms, conditions and exclusions will apply. ■ Your property may be repossessed if you do not keep up repayments on your mortgage. This firm usually charges a fee for mortgage advice. The amount of the fee will depend upon your circumstances and will be discussed and agreed with you at the earliest opportunity. ■ The contents of this newsletter are believed to be correct at the date of publication (November 2021). ■ Every care is taken that the information in the Mortgage & Protection News publication is accurate at the time of going to press. However, all information and figures are subject to change and you should always make enquiries and check details and, where necessary, seek legal advice before entering into any transaction. ■ The information in this newsletter is of a general nature. You should seek professional advice tailored to your needs and circumstances before making any decisions. ■ We do hope that the newsletter is of interest to you, however, please inform us if you no longer wish to receive it.

■ We cover mortgages, insurance and protection products along with a number of other financial areas, so do contact us if you’d like to discuss your financial needs: Tel: 0800 014 9962 Email: sales@xactmortgages.co.uk Web: www.xactmortgages.co.uk

mortgages Tel: 0800 014 9962 Email: sales@xactmortgages.co.uk

Steve Froggatt HOW LONG HAVE YOU BEEN WITH XACT? Been with Xact for 5 years WHAT DO YOU LOVE MOST ABOUT YOUR JOB? Helping people find the best deal in as simple a way as possible SOMETHING ABOUT YOU THAT PEOPLE WOULD BE SURPRISED TO KNOW? I met Nelson Mandela on an Aston Villa club tour in 1994 FAVOURITE FOOD? Italian FAVOURTIE TYPE OF HOLIDAY? Whale watching and shark cage diving in South Africa

Conor Brown HOW LONG HAVE YOU BEEN WITH XACT? 18 Months WHAT DO YOU LOVE MOST ABOUT YOUR JOB? Helping people get the best deal for their mortgage but also love making sure that everyone is fully protected SOMETHING ABOUT YOU THAT PEOPLE WOULD BE SURPRISED TO KNOW? I lived in America for 18 months FAVOURITE FOOD? Sunday Roast – so many flavours on one plate FAVOURTIE TYPE OF HOLIDAY? Disney Land as it is a real family holiday. I can’t wait to take my family there. However, I have always dreamt of going to Bora Bora

Colin Jones HOW LONG HAVE YOU BEEN WITH XACT? 5 years WHAT DO YOU LOVE MOST ABOUT YOUR JOB? Speaking to clients on a daily basis and giving them the peace of mind that should the worst happen they will be financially secure. SOMETHING ABOUT YOU THAT PEOPLE WOULD BE SURPRISED TO KNOW? I am a qualified Golf Instructor FAVOURITE FOOD? Italian FAVOURTIE TYPE OF HOLIDAY? Hawaii

www.xactmortgages.co.uk

Meet our Advisors Lee Heycock HOW LONG HAVE YOU BEEN WITH XACT? Since December 2017 WHAT DO YOU LOVE MOST ABOUT YOUR JOB? Solving problems for people who are looking to move but don’t think its achievable SOMETHING ABOUT YOU THAT PEOPLE WOULD BE SURPRISED TO KNOW? Prior to Xact I served in the Infantry as a LCpl in the Royal Anglian Regiment where we toured Afghanistan, Nigeria and Kenya FAVOURITE FOOD? Sushi, looking forward to the new Japanese restaurant opening in Solihull! FAVOURTIE TYPE OF HOLIDAY? A cruise around Italy and the Greek Islands

Mike Hodgkinson HOW LONG HAVE YOU BEEN WITH XACT? 19 September 2001…Day one WHAT DO YOU LOVE MOST ABOUT YOUR JOB? I love putting smiles on our customers faces SOMETHING ABOUT YOU THAT PEOPLE WOULD BE SURPRISED TO KNOW? I have a gold medal for ballroom dancing watch out strictly here I come FAVOURITE FOOD? Sunday Roast FAVOURTIE TYPE OF HOLIDAY? Cornwall, have been lucky enough to travel most of the world, Cornwall is still the best

Alan Dalby HOW LONG HAVE YOU BEEN WITH XACT? I have been back since August 2020, having worked for the firm for 5 years previously WHAT DO YOU LOVE MOST ABOUT YOUR JOB? Love helping our clients achieve their goals and ambitions of home ownership and constantly offering the best customer experience possible SOMETHING ABOUT YOU THAT PEOPLE WOULD BE SURPRISED TO KNOW? I’m scared of heights, yet have been to the top of the Eiffel Tower FAVOURITE FOOD? Can’t beat my Nan & Grandad’s Sunday Lunches FAVOURTIE TYPE OF HOLIDAY? Give me a nice Pool in a hot country and I’m happy

The information contained herein is of a general nature and should not be relied upon as legal or financial advice and is not intended as a substitute for the same. You should seek professional advice tailored to your needs and circumstances before making any decisions. The contents of this newsletter are believed to be correct at the date of publication (April 2021).

Present your house for sale by de-cluttering... Maximise your home’s potential and create spacious rooms enticing potential buyers – simply by de-cluttering!

De-cluttering allows you to… maximise your space, emotionally prepare you to move, and will allow you to focus your buyers on what is important

f you are looking to sell your house, or have had your home on the market for a while now, then you probably want to get the maximum sale price in the quickest time. There are a few things you can’t control – but the one thing that is in your control, is the look and feel of the interior and exterior. While it’s worth spending time fixing and cleaning your house before potential buyers come and view, it’s also important to de-clutter. This creates spacious rooms and also allows you to decrease and organise your personal items before you move yourself. Of course it’s understandable that you don’t to want spend money, time and energy on a home you are about to leave, however, a lot of people are looking for a house in which they can move straight into. Maintaining your

property might even save you thousands of pounds; it could even reduce added expenses of living in your home whilst waiting for a sale. And it might even help avoid possible reductions in the asking price. The main reason in which people move house tends to be because they lack space in their current home. They want a home that is spacious and in which they can grow into. If a potential viewer comes to your home and sees that there is lack of space, then this will turn them away. De-cluttering allows you to remove any unnecessary items in an untidy or overcrowded place. It will help maximise your space, emotionally prepare you to move, and will allow you to focus your buyers on what is important.

So where should you start? You need to create a great first impression and focus on the rooms themselves. You will notice that the first things you see in each room are personal items. Where possible you want to create the look of a

them into things you want to keep and things you want to get rid of. You may even find that you have collected a cupboard full of paper work. Get yourself organised! Don’t just throw it all away, but file it and go through it thoroughly. This will also make it easier when you move.

De-personalising can also be a great way to declutter. Too many personal effects can be distracting to buyers. They want to see a house in which they can make their own memories rather than seeing yours. Again, personal items can be stored away. Remember

Where possible you want to create the look of a lifestyle that the potential buyers want lifestyle that the potential buyer want. This usually has a ‘show home’ feel, rather than a ‘lived in’ feel. Minimising your things is the quickest way to do this: you want to ensure that potential buyers can do simple things, like, open any doors easily, ensuring that there are no obstacles. So, what do we mean by clutter? There are two types: genuine clutter, and items that you want to keep but don’t work for the sale of your property. Genuine Clutter: You need to go through the space and sort out each item, categorising

You also want to focus on little things like DVDs, books and trinkets. These items may have some small value so sell them or donate them to charity. Get rid of any old shoes and coats that are lying about in your porch or hallway. You might want to hide away the coats and shoes you do currently wear. Store them in your wardrobe, while you have viewings. Items that you want to keep but don’t work for the sale of your property: You may want to consider putting some items in storage while you sell your home. Sometimes items are too large or even too small for some spaces and can make the room look odd. If you want to keep these particular items, then store them until you move into your new home.

that this is only a temporary way of living and hopefully it won’t be for long! If you find you are keeping more things than you are throwing out, then think about whether or not it’s in the right room or do you even need it now? As previously mentioned, you can attempt to sell some of the things you have acquired over the years. Use sites like eBay, Gumtree and social networking sites to try and sell items. You may want to even hold a house sale for the remaining items that you can’t sell. Failing that, why not donate to charity. The end goal is still the same and it’s important to help potential buyers envision your house as theirs. So remember, decluttering will make your home more spacious and entice potential buyers!

Top Tips! If you are throwing away paperwork, shred anything that is confidential

De-clutter before agents come and take photos of your property. This will help attract more potential viewers online and get that first good impression

Don’t spend too long on certain items and don’t get distracted. Keep yourself motivated and race against the clock!

Make it fun! Play some music or watch TV while you de-clutter

Your step-by-step guide to the conveyancing process

nce a sale has been agreed and is in the hands of your solicitor, it will go through the following stages. Sometimes additional work will be needed – for example, if the property is leasehold or is yet to be registered with the Land Registry. It is also important for buyers to discuss the availability of their deposit with their solicitor early in the transaction, and we strongly recommend that you contact your solicitor regularly so that they can keep you fully up-to-date with the progress and the latest timescales.

Seller’s solicitor’s steps • O btain a copy of the Title Deeds (or office copies if the title is registered) • Obtain a copy of the Energy Performance Certificate (EPC) (if applicable) • The seller(s) will return a completed Property Information Form and a Fixtures, Fittings and Contents Form to the solicitors • Copies of the above documents, plus a draft contract – this is known as an ‘Information Pack’ – will be sent to the buyer’s solicitor • Answer the buyer’s solicitor’s additional enquiries (for example, specific questions about fixtures and fittings) and obtain copies of any planning consent documents • Agree the contract and arrange for the sellers to sign it in readiness of the exchange (below) • All parties agree completion dates and the contracts are exchanged

Between exchange and completion • O btain redemption figures from the mortgage lender and reply to requisitions on title • Approve the transfer and arrange for the seller(s) and buyer(s) to sign • Receive the agent’s fee account and seek the seller’s consent to settle this out of completion funds

Completion date This is the date the ownership of the property passes from the seller to the buyer, and it follows the successful transfer of funds. It’s the date that the whole process works towards.

Upon completion • Receive completion funds and (only when this has been completed) instruct your estate agent to release the keys to buyers. Redeem mortgage and forward the financial statement. Forward any surplus funds (unless these are being used to fund an onward purchase). Ensure all outstanding bills are paid • Forward transfer documents and deeds to the buyer’s solicitors • Forward evidence of ‘discharge of mortgage’ to the buyer’s solicitors

Buyer’s solicitor’s steps • O btain the Information Pack, including a copy of the EPC (if applicable) from the sellers’ solicitor and raise any additional queries • Initiate any specialist searches (for example: a coal search). Submit local, environmental and water searches and a chancel check. This takes about 10 working days in total, and enquiries are then usually raised from the results • Approve the contract when all enquiries are satisfactory and complete. (At this stage, a mortgage transfer deed will need to be signed and witnessed) • Receive a mortgage offer and instructions from the lender and deal with any conditions set out by them. Make sure that life cover and buildings insurance is being arranged • Request the deposit, report back to the buyer, and arrange for the contract to be signed. Place buildings insurance and life cover in force • All parties agree completion dates and the contracts are exchanged

Between exchange and completion • Raise ‘requisitions on title’ and prepare the draft transfer deed • Report on title to mortgage lender and obtain funds for completion, including Stamp Duty (if appropriate) • Prepare accounts, obtain signature to mortgage deed and undertake final Land Registry and Land Charges searches

Upon Completion • F orward to the seller’s solicitors the balance of funds − it is only then that they can authorise the release of the keys. Receive from the seller’s solicitors, the transfer document deeds • Stamp the Transfer Deed, register the buyer’s ownership with the Land Registry and forward the deeds to the lender or client (where appropriate)

Contract - The agreement that sets out the main terms that have been agreed − for example: price, address, names, etc. Two copies are drawn up, and each party signs one in readiness for the exchange of contracts. Deposit - The part of the purchase price (usually 10%) which the buyer pays on exchange of contracts. Exchange of contracts - The swapping of signed contracts by the solicitors (together with the buyer’s deposit). After this, the contract is binding. Energy Performance Certificate - This contains information on energy use, energy performance, carbon dioxide emissions, and fuel bills. Land Registry - The Government department that records who owns what land, and under what conditions. Local Authority Search - A list of questions that are specific to the property and intended, for example, to discover if there have been any planning applications on the property, if the road to the house is maintained by the council, etc. Mortgage Redemption Figure - The amount required to repay the outstanding capital/ interest of a mortgage. Property information form/fixtures, fittings and contents form - Standard forms about the property that the seller answers for their solicitor (for example: what will be left behind, details of guarantees, etc.) Title Deeds - Legal documents that prove ownership of land/buildings, and the terms on which they are owned. Transfer of Title - The document that passes the ownership from the seller to the buyer. Stamp Duty for buy to let investors and second home owners - An additional tax, paid by the buyer purchasing an additional property that is not their main residence. It includes buy to let landlords and those buying second homes and holiday homes. The higher rates will be 3 percentage points above the current rates of duty shown below. Requisition on title - An enquiry relating to the completion arrangements. Seller’s Pack - This comprises a Property Information Form, a Fixtures, Fittings and Contents Form, a copy of the title deeds and the draft contract. Stamp Duty - A tax paid by the buyer purchasing their main residence. The current Stamp Duty Holiday runs until the 30th June and as such you won’t pay stamp duty on purchases up to £500,000. After this date the nil-rate band will be set at £250k until the end of September.

Moving house? From meter readings to removal companies, there’s so much to remember when moving house. Here’s our checklist of what to do and when

irst of all, congratulations on your new home! The excitement has probably now kicked in but moving home can also be one of the most stressful and emotionally draining things you can do. However, careful organisation and planning can help decrease the stress and anxiety of moving. This comprehensive and essential checklist will help you do just that.

Eight weeks – Research Ideally, you want to start packing away any non-essential items as early as possible. This includes any items stored away in the loft, garage and shed. If you are not using it, pack it. Looking into your new area is also important, try to do this around eight weeks before you move. You might need to think about transferring your children to different schools and ordering new uniforms too. At this point, ensure you are also documenting all your important information away: that includes contact details, dates, contracts and information regarding your solicitor.

Six weeks – Removal companies or do it yourself? Now would be the perfect time to decide on a local removal company. Or if you don’t have too much to move, you may want to do it yourself. You could even look into different van hire companies. At this point you’ve probably started packing away some bits, but if there is anything you decide not to take, then look into selling these items or donating them to charity. This will also give you an idea on the volume of items you have to move.

Four weeks – Notify utility companies This would be a good time for you to notify utility companies and inform them about your move to switch over. This includes gas and electricity, council tax, internet, phone rental and TV. You should also consider changing any car insurance, tax, memberships, phone contracts and inform your bank about the move. Now’s the time to also arrange a date to have your new house cleaned before you move

The buyers of our homes receive their very own property website to share via

Checklist Eight weeks Pack non-essential items Research your new area (transfer schools and order new uniform) Keep all important documents

Six weeks Decide on a local removal company Clear out any unwanted items Keep packing

Four weeks

It will be worth packing a night bag each to help everyone settle in, which means you won’t have to rummage through everything to find your toothbrush! in, and start ordering any new furnishings for your new property. Start packing away more items, that being, out of season clothes, books, dvd’s and even bulky items, like TV’s that aren’t used often.

Two weeks – Confirm all details Confirm your move with your removal company or van hire, estate agents and schools. If possible, try to organise someone to look after your pets and children for the day of your move, as this can also be a stressful time for them too. If your removal company doesn’t disassemble any furniture or sort out the un-plumbing for the washing machine, then now would be the ideal time to organise these. Remember to also cancel any local services you receive: this could be window cleaners, gardeners and newspaper deliveries. You should now also think about re-registering to vote and getting your post re-directed after your moving date. Continue packing away more furnishings, kitchen appliances and crockery that you won’t be using for the next couple of weeks.

24 hours – Final check and walk round You now have only 24 hours before you move, so double check that everything is packed away and ready for transit. It will be worth packing a night bag each to help everyone settle in, which means you won’t have to rummage through everything to find your toothbrush! You may want to create an inventory of your boxes and

furniture to help you keep track of what you have and to help you ensure it doesn’t go missing.

Moving day Today is the day! You need to be ready for when your removal company comes. Ensure that you let them know if there are any fragile boxes that need extra care when handling. If you’re moving yourself, then pack up your car or van and work out how many trips it may take. Before you leave, also take note of your final meter readings and send these off to your provider. Don’t forget to leave your keys for the new owners!

You have arrived at your new home! Give your removal company instructions of which boxes go in which rooms and make sure you are happy with everything that has arrived. Ensure you check for any damage before the movers leave. Read your new utility meters and send your readings of to your supplier. Taking photos of them will also ensure you have the correct reading if you need them again in the future. Unpack your essentials such as bed linen and clean towels. Don’t worry about the rest, it isn’t going anywhere! Order a takeaway, have a cup of tea and enjoy your first night with your family. Right, so now you’re all moved in, it’s time to settle down, unpack and enjoy your new place. Remember, planning is essential to ensure your move runs stress free.

social media with its address and personal message!

Notify utility companies Start preparation for your new house Keep packing

Two weeks Finalise all details Organise pet and child care Cancel local services Keep packing

24 hours Check every room and ensure everything is packed Pack a night bag so everything is to hand Collect your new keys Make sure your phone is fully charged so you can get in touch with the estate agents or removal company

Moving in Prepare for the arrival of the removal company and give them directions/ your contact details Ensure everything is ready to move Record meter readings

On arrival Give removal company instructions of what goes where Check for any damage before they leave Read your new utility meters and send them off to your supplier Check if the previous owners have left anything behind Unpack essentials Order a takeaway and sit back and relax!

Want to treat yourself to a proper removal company for your next move or are you prepared to do it yourself

Removal company or brave it yourself? Y

ou’re excited about your new home and location but the process of packing, organising and actually moving all of your items is something no-one really ever looks forward to. Not only that but you also have to contact utility companies, maintain a job, keep your children happy and clean your entire house. You do have super powers, right?

Removal companies You also won’t have to worry about the exhausting physical side of things, that being carrying boxes back and forth

Unless you live in a small property or flat, it could be worth hiring a professional removal company to help relieve some of the stress on the day. They have many skills and experience and some of the services they can provide include packing and

unpacking, dismantling and assembling furniture, loading your belongings quickly and securely, including those fragile and specialist items. They can even supply you with packing materials. Hiring a removal company will also allow you the time to collect the keys to your new home. You also won’t have to worry about the exhausting physical side of things, that being carrying boxes back and forth. Some services are great if you don’t have much time to plan and get these done yourself; however these do often come at a premium and may not be suitable for those on a budget. When choosing a removal company

Top tips for packing When packing, ensure you don’t overload your boxes with heavy items, as these will be difficult to lift and could cause a back injury. Fill any empty gaps using old newspaper, clothing, socks or even tea towels. This will help secure any items when they are being moved. its key to look at those which have good recommendations and reviews, as you need a company you can rely on. You can use comparison sites, such as comparemymove.com and reallymoving.com, to help find you the best deals.

items you have. You should also ask for the price to be broken down so you can see just how much you are paying for when it comes to certain aspects like insurance, packing, an hourly rate, mileage and any storage costs.

Getting quotes

Once you have found a removal company, it can be useful to send them a briefing sheet that includes information about any items which need to be specially packed, any difficult or large items, plus any carpets and curtains which need moving. Finally, it can also be helpful to send them a floor plan of the new property so they can unload efficiently.

You should aim to get at least three quotes from removal companies, preferably from firms which will come out to your property rather than those who just estimate the cost over the phone, as you don’t want any nasty charges later on. Plus it will give the company an accurate idea of any restricted areas in your home, if they can park a van or lorry, and how many

Create an inventory and label all your boxes and write the contents on each box with a marker. That way you will know which room each box is to go in. And if you are super organised, you could even colour code each room! Pack heavier boxes on the bottom. This might seem like common sense but it will ensure that any of your fragile items won’t break. Pack a survival box. These are the things that you will need first and should include paper towels, bin bags, cutlery, the kettle, some mugs, tea, coffee, milk, sugar and finally, some toilet paper!

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Visit our website xacthomes.co.uk for more details.

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