Tuesday, 26 February 2013

Buying vs Renting: What should you do?


The answer to this question is never simple to answer. It always boils down to personal circumstances and current market conditions, so there is no generic answer. Instead there are several reasons why each option can be beneficial and what factors may play a part in your final decision. Here we outline a few things to consider when deciding whether to buy or rent a property.

Advantages of buying a property

Investing in your future

If you secure your own home and have a repayment mortgage rather than an interest only mortgage, you are effectively investing in your future and slowly creating a very valuable asset. Your payments each month are not going to a landlord and you gain a long term advantage through paying off your mortgage. At the end of the term of the mortgage you will hopefully have full ownership of the property.

Freedom

If you own a home, you are able to do what you like with it (within planning regulations). You can make it a home for your family or simply move in and enjoy the property how you like. You will also control any decisions, problems and other factors regarding the property and won’t have to deal with Landlords or agents.

Discipline and experience

The house buying process can be a scary task. Once you have been through the process once, you will be able to do it again easily should you be purchasing another in the future. It can also be a fantastic way to kick-start financial planning for your future, helping you to create a household budget to manage the costs of running a home.

Community

By purchasing a home you are actually becoming a part of an established community that make up of local amenities, facilities, school, shops, churches and more whilst making lifelong friends.

Advantage of renting a property

Flexibility

By renting a property over buying one, you are able to live pretty much wherever you like. In most cases you can break a rental contract after 6 months, so you can simply move to a new location, or perhaps give a property a test in an area before moving on to purchase a property.

Free from financial responsibility

As a renter you are not going to fall foul of any housing market related conditions. You will of course still pay rent but you aren't tied into monthly repayments then you won’t fall into negative equity at times.

No maintenance costs

A benefit of simply renting a home is that you don’t have the responsibility that an owner has. You are not responsible for decoration, maintenance and upkeep – the landlord usually is.

Cavendish Ikin Estate Agents Cheshire can aid you in buying, selling and renting houses. The Estate Agents are some of the best and most experienced property professionals in the country. Cavenidsh Ikin is Cheshire and North Wales' Number One Estate Agency.

Thursday, 14 February 2013

Roof Trusses or Roof Rafters - Which is better?


Building a new home involves a lot of decision making and can leave you pondering over certain decisions. A main point surrounding the construction of a property is the decision over deciding which will be a better fit regarding the roof. Rafters or trusses?

Traditional Rafters 

Traditionally, homes were built with traditional rafters, which are a series of sloped structural beams that extend from the ridge or hip to the wall plate. They are intended to support the roof deck and the loads that come as a part of it. The board at the peak of the rafters tie into the ridge board, with horizontal members running half way down their collar ties. These collar ties work to hold the rafters and roof planes.

Roof Trusses 

The next question is why are traditional rafters not used as much these days? Well, it’s primarily because roof trusses (the alternative) have replaced them as they are less expensive and serve the same purpose. Roof trusses have smaller wooden members that have been engineered to provide similar strength without all of the expensive wood. This basically means that roof trusses area more efficient with both labour and materials. Trusses built in a manufacturing plant provide a controlled environment to give the highest quality possible and in a controlled output manner. As the construction of roof trusses can now be automated, it is easier for trusses to be built rather than the lengthy time of producing and installing rafters. Roof rafters are considered to be pretty ‘big’ jobs to install in comparison to roof trusses. Experienced construction firms can install the roof trusses in a single day, whereas roof rafters can take up to a week to complete.

Open designs

Rafter so have a major benefit that encourages some people to go ahead and use them over trusses. Rafters can create loads of space, allowing an open area within the roof. Although trusses do open a vaulted space, they do not do it as well as rafters. These are also good for creating space for living areas as they open up the space to provide maximum storage and living area. Insulation goes in between rafters and drywalls are applied to each face of each member. Trusses do also do this, but again, not as effectively.

Lead times 

The lead times vary from structure to structure, but it is generally considered that roof trusses may take a little longer due to engineering and drawings. Rafters can get your started up quicker and initially seem to be the better prospect to those hoping to finish within a timescale. Many people believe that waiting for your custom roof trusses are the better option, whereas other disagree. It’s down to personal preference.

Rafters for small projects 

When someone is working on a relatively small job, it often makes sense o use rafters. For example, should you be make a small addition to your home, you may not need to go through the hassle of getting a roof truss design and layout. A new garage is an example of a project where someone may choose to use rafters rather than trusses. Again, it depends on the circumstances and preferences. ‘Out of the way’ projects Some people may have a project that is located remotely, or ‘out of the way’. It could be on an island, up a hill or within a mountain. This can make it difficult and expensive to get roof trusses to the location due to their bulk. Depending on the configuration of the roof, trusses can be long and wide, meaning they cold need a large lorry to transport it.

Quality

 Quality between trusses and rafters is pretty much nothing. Unless you are going for an exposed look, the end result will often be the same or very similar no matter which option you choose. Often the decision will come down to cost, which results in trusses being selected. You should be sure to research and price out both options to various contractors and get details of the service and procedure required. This should allow you to select the best option from the information you have gathered. Following this guide will give you a brief overview to roof trusses and rafters. Aber Roof Truss Ltd offer a specialist service to those after a cost effective, excellent quality, quick turnaround and successful project regarding the roof structure of a project. For more information visit their website.