Invest in Real Estate Like a Professional

Newcastle is becoming a major destination for property investment, as it is well suited for both small and large scale investors. Newcastle real estate is the buzzword for people interested in investing in properties. The city offers a vast range of properties and the demand for property is growing day by day owing to the boom in the rental market. Here many initiatives like Newcastle science central, one core strategy and urban core plan have been put into action in order to bring new business and further investment. Due to all these initiatives Newcastle and Gateshead are becoming an attractive place to live in.
best real estate newcastle
As cultural and business regeneration is going on, the population is also growing and the city is becoming the ideal for the investment. The best way to generate wealth is by making investment in property.
Professional perspective is required in property investment

If you take your property investment as a business you will make less errors. The decision can be of any type – to decide the right area to buy property and to choose appropriate tenant for you property. A professional real estate investor takes every decision very carefully and consciously and is able to get success.

Make Investment by deciding the Right area

newcastle real estate
Invest in the property according to its future market value. So you should do a little homework and ask yourself few questions – Is the area where I am investing in demand for rental properties, does this location fit in well for local real estate market. So that in future if you plan to sell your asset you will be able to make a good profit.

Choose an appropriate tenant

The selection of a right tenant is necessary as many tenants are careless and they might damage the property and leave without informing you without paying rent and the damages they have done to the property. Thus before choosing a tenant make sure the tenant is decent and will takes care of your property as if he owns it himself.

Regular maintenance and repair

The most important thing for a property investor is that he should know when the maintenance is required on the property that he or she has purchased so that ample arrangements can be made in advance to keep the property in a better shape for the long run. The issue of maintenance and repair should be resolved as soon as possible until it becomes a serious problem. By doing this you will be able to protect your property and need not face any problem at the time of selling the property.

Time to sell the property

After you have enjoyed years of the rental income it is finally time when you want to sell your property. The reason for selling the property can be any – you reach at the stage where the maintenance charge become higher to keep it or you want to reinvest on another property . So it may be good decision to sell your real estate investment. However you need to calculate the amount you have got from rental income and the money you are getting while selling the property. In case the real estate market is not looking bright at that time hold on to the property for some more time till you get a better deal.

Take professional guidance

While buying or selling property you also need to take guidance from professionals. Professionals help you in deciding property that suits your needs. In case you are looking for rental income you need to purchase property that has a friendly neighborhood or a lot of commercial activities going around well. You can even save your time and money during the process as a real estate investing professional knows the market well and can give you proper advice from where you can make profit while investing.

Author Bio: – Austin is a real estate agent and he has helped several people find their dream home in past 15 years in Australia. He loves to spend his free time with his family and one dog Johnny. Austin loves to write about real estate and works for a real estate agency in Newcastle.

Housing benefit for single person under 35 years in UK

In the United Kingdom, there are certain housing benefit rules that are applicable to people who are single and under 35 years of age. This article will give a brief overview of these rules and explain how you can take advantage of them.


Before you apply for housing benefit, it is advisable to use a benefits calculator to confirm if you are eligible. There are instances when you might be required to claim Universal Credit. For you to qualify for housing benefit, these are the requirements:

  • Your savings are below £16,000
  • You pay rent
  • You are claiming benefits or have a low income

You are eligible to apply for the program, no matter if employed or unemployed. However, if you are living with a partner, only one person will get a housing benefit. If you qualify, you will be in a position to get a benefit for a single room in shared accommodation or a bed-sitter accommodation, if you are a lone.

Who is not eligible for a housing benefit?

  • You have saving of more than £16,000
  • You are sponsored to be in UK or an asylum seeker
  • You are a full-time student
  • You live in a relative’s home
  • You are living in the country as an European Economic Area jobseeker
  • You are under immigration control

The Shared accommodation rate

This refers to the rent level that is allowed for an individual who can afford one bedroom and shares a living room, kitchen and bathroom within the conditions of the tenancy agreement. In such a case, you can get housing benefit at the rate of a single shared room. This means that you may not get enough money to pay the house rent.

What happens to those who are under 35 and are renting privately?

In a situation where you have rented self-contained house, you are eligible for the local housing allowance rate for a one-bedroom house on the condition that:

  • You haven’t been paid housing benefit in the previous year
  • You were able to cater for your rent when you moved in.

In such a scenario, housing benefit will cover your house rent for the first 13 weeks. After the 13 weeks, you can only get the rate of shared accommodation.


Full-time students are no eligible to claim housing benefit although there are a few exceptions. Part-time students who rent privately are allowed to claim housing benefit. Those who live in university owned housing are allowed to claim housing benefit if they fall into specific categories.

Additional Factors that are taken into account when determining housing benefits

After the Housing Executive decides on the rent level that will be used for the calculation of the benefit size, they must conduct a means test and consider all non-dependant deductions.

Means Test

The Executive will evaluate your weekly income to determine whether it is higher than what the government recommends. If so, you must use some of the money to pay your rent and contribute towards rates and charges.

Non Dependant Deductions

If you have a roommate, the Housing Executive may reduce the housing benefit that will be awarded to you.

How to Find Down Payment Assistance For Nurses

How does it feel when you’ve spotted the perfect home and you are sure that covering the monthly mortgage and bills won’t be a problem? It feels great, right? Unfortunately, the problem comes when the lender requests a down payment. In most cases, nurses are not in a position to pay the down payment as requested. Could this mean you are not lucky?

Not quite. Today, there are more than 2000 down payment programs that will come to your rescue as long as you meet eligibility requirements. These requirements have to do with credit, occupation and income. It is unfortunate that many people are not aware of down payment assistance programs or assume that they can’t qualify.

How can you find a down payment program?

If you conduct a good online research, you’ll find a couple of down payment resources that have a calculator to show you if you are eligible and what you need to do to be eligible. You can find a variety of listing services that have an icon on the various properties that qualify for down payment assistance programs.

Nurses are advised to consult their lender or real estate agent for programs available in their counties since they change from time to time.

Types of Home down payment programs

Down payment programs

These types of programs are mostly about soft mortgages or grants. You can get benefits such as forgivable loans, deferred payments and 0% interest rates. With such a program you can get assistance in the form of tens of thousands of dollars to use for down payment, principal reductions, closing costs and the like.

When buying a property in certain areas that are designated by housing finance agencies, you will enjoy the benefit of higher assistance amounts and more lenient income requirements.

Affordable First Mortgages

Some of the housing finance agencies that are at state level provide first mortgages that accompany down payment assistance programs. The good thing about these mortgages is that they offer an affordable interest rate and a reduced closing fee.

Who offers down payment assistance programs?

  • Housing authorities
  • Employers
  • Cities and counties
  • State Housing Finance Agencies

A high percentage of first-time home buyers encounter difficulties with the purchase due to down payments. Fortunately, there are thousands of homebuyer programs that are available to offer assistance to nurses and other civil workers. Just ensure that you meet the eligibility requirements and you’ll be good to go.