culled from:telegraph.co.uk
1 Second-hand hotel chic
Consider a five-star facelift for your home with some hotel accessories.
The
Lanesborough, on Hyde Park Corner in London, is closing for
refurbishment and auctioning all its furniture between December 9 and 13
You could pick up some great curtains, or old furniture, which you could
repaint. Or try specialist outlets such as
Little
Auctions, which has an average of two sales a month, putting up an
online catalogue the Thursday before the Saturday sale. If you are selling,
note that commission rates vary according to the auction house.
2 Enjoy the financial comfort of strangers
Once your home looks like a hotel, treat it as one. Lodgers are the new house
guests du jour. With the Government’s rent-a-room scheme, you can earn up to
£4,250 a year tax-free for letting a furnished room
(
hmrc.gov.uk/individuals/tmarent-a-room-scheme.shtml). Alternatively, you
could have visitors to stay courtesy of the booking website
airbnb.co.uk, or
even a full management service such as Onefinestay. It cleans your home,
stores your personal possessions and provides guests with iPhones.
Vive
unique goes one step further. It provides linen and meets guests on
arrival, taking anything from five per cent to 35 per cent.
Eventfulstays.com specialises in rentals for special occasions (with
commission of 10 per cent to 15 per cent). Other online listings companies,
such as
Wimdu and
Holiday
lettings, enable you to advertise your property.
Why buy a new sofa when you could just re-cover? Genevieve Fox at Rob
Gord's furniture restoration workshop in Kentish Town (HEATHCLIFF O'MALLEY)
3 Chic…and cheap
Renovation is tiring. At the end of weeks or months spent redoing a room, the
last thing you want is to trawl around for elegant, realistically priced
antiques. Ikea calls like a siren by the time your builder has been paid.
Try looking instead at salvage yards. Although anything retro or industrial is
often overpriced, there are bargains to be had.
Salvoweb.com has a section
called Recraft+ pcycled. I found a natty trestle console table there that
was artfully distressed and affordable – a rare combination. In north-west
London, I found
Robert
Gordon, who sells gorgeous old furniture from his workshop in Kentish
Town.
Other useful contacts include
Cox's
architectural,
Lassco,
Andy Thornton and
Beeston
Reclamation
4 Hold fire online
On eBay, hold your nerve. As with any auction, you must stick to your budget
and play your cards close to your chest. This is where sniping comes in.
Sniping is the process of placing a last-minute bid to within five seconds
of the striking of the virtual gavel. Check out third-party sniping
platforms, such as
Goofbid
(which is free) and Auction Sniper (which charges one per cent).
5 Lease of life
If you want to get on the ladder, or find an investment, consider flats with
short leases. They will be less expensive than those with a long lease or
share of freehold. You may be able to extend the lease, which will increase
the property’s value in the long term. Beware, though, as it can be
complicated to negotiate lease extensions – make sure you have a good
lawyer.
6 Action off-plan
Buying off-plan appeals to those keen to avoid the stress of renovating.
Property search expert and developer Edo Mapelli Mozzi of Banda Property
advises caution. “If you are buying an apartment off-plan as an investment,
make sure there are not too many units in the building, to reduce
competition when it comes to letting it out,” he says.
Also make sure your contract allows you to check for quality control during
the build and that you have some flexibility about specifications.
7 Shock of the old
No one wants glossy, gleaming furniture. Bashed up, vintage or wrinkly is the
new chic, but don’t pay over the odds for antiqued glass mirrors, French
dressers or distressed Nordic wardrobes. Take a leaf out of Kirstie
Allsopp’s book and learn how to strip back wood and age it yourself. It is
time-consuming, but far less costly.
Go for quirky recycled and salvaged pieces (HEATHCLIFF O'MALLEY)
8 Become a skip scavenger
Skip scavenging is the new metal detecting. You don’t need any gadgets, just
an eagle eye, agile fingers and an empty car boot. The middle-class
vandalism of the Eighties had homebuyers throwing out perfectly good
kitchens because they wanted to put their own stamp on the property. Since
then, canny locals have been waiting to pounce in smart streets the second
the builders have downed tools for the day. Fireplaces and cornices are
among the items that regularly find their way into skips. Remember to get
permission from the builder or owner before you take anything.
9 Forage on Freecycle
I don’t chuck out used goods anymore. I put them on Freecycle, the global
recycling network that enables you to offer unwanted goods and take them,
too. You have to be super-quick, though, as quality furniture, put up by
eco-souls happy to share, is snapped up within seconds of being posted. I
have so far given away a dishwasher, oven, fridge-freezer and microwave.
Trusting in the law of karma, I am waiting for something divine (an antique
chaise longue would be nice) to come my way.
10 Help a hoarder
We all know about hugging trees. Now it is time to hug a hoarder, or at least
help them out by renting out any spare storage space.
Storemates.co.uk will
put you in touch with clutterers needing affordable space. It’s free to list
your offer of space on its website, but Storemates will charge the
equivalent of the first two weeks of your listed storage price as an
administration fee.
11 Buy second hand
You don’t need to break the bank even if your kitchen is looking tired. The
Used Kitchen Company sells unwanted and ex-display kitchens for a fraction
of the usual cost. Or you can just replace the doors if the carcasses are
salvageable. Try Dream Doors for a quick way to achieve a kitchen facelift.
12 Lights, camera, action
If you have a des res, a designer pad, or a Downton Abbey-esque period home,
invite the film crews around and cash in. There are several agencies looking
for locations for commercials, television series, photo shoots and feature
films. These can be for a day, a week or even months. Expect to earn upwards
of £500 a day, with extra zeros thrown in for historic properties. Be
prepared to pay a fee of 20 per cent to the booker. See
Amazing
Space,
Beach
Studios and
Location
Works
Even the family pet can earn his keep (ALAMY)
13 Drive up your income
You have ditched the Lexus for a Zipcar. Now your driveway is sprouting weeds,
rent it out instead. Online sites such as
Park
at my house;
Park let;
and
Park on my drive
have tools to help you calculate how much you can hope to earn. A driveway
can bring in £5 a day or more if it’s near a main-line station, while a
parking space in central London can earn £20 a day.
14 Grow your own cash
Rent your garden out to a green-fingered neighbour to grow their veg. Your
view will improve without any outlay, either physical or financial, and you
might benefit from the annual glut of courgettes and tomatoes. Or if it’s
big and beautiful but the gardener’s costing a fortune, hire your lawn for
parties and weddings. The website
Rent
my garden puts you in touch with hirers for a fee of £25.
15 Run for a re-cover
If your expensive Italian sofa needs a facelift, should you ditch it and join
the masses shopping at DFS, or have it re-covered? By sourcing your own
fabric, you can get the sofa reupholstered for a flat fee. If you favour
trad suppliers, such as Colefax and Fowler, you should check out discounted
online suppliers, such as
Ultimate
Fabrics.
16 Call it curtains
No house is complete without lavish curtains. They dress a room, set its tone
and raise the spirits. Beware, however: bespoke curtains are expensive.
Happily, there is a vibrant second-hand market.
The
Curtain Exchange has six branches, selling second-hand as well as
made-to-measure curtains. Prices range from £100 to £1,500.
Look around for sites close to your home if you want to see fabrics in the
flesh. I found a nifty website called Friday-Ad, an online classified site.
Mayfair Furniture Clearance sells on a limited number of curtains, as well
as furniture, from five-star hotels.
17 Small-scale spectacular
If the snazzy wallpaper you most desire is ferociously expensive, why not
limit it to a feature wall? You can paint the other walls in a toning shade,
whether it’s fashionable Farrow & Ball or mix-your-own at B &
Q. Just don’t try to mix your own colour at home. You will never manage the
same shade twice.
18 Learn a useful skill
You don’t have to go to the gym to get a workout. Try plastering or decorating
and save paying a professional, too. If you don’t know which end of a screw
to hit, visit Chix and Mortar or The DIY School. They’ll teach you how to
wield a drill and tile the bathroom or plaster a wall and build a stone
fireplace.
19 Timeshare your pooch
You already share a holiday cottage with another family, so why not do the
same with your pet? It’s a must to halve the cost of doggy day care and
looking good.
Alternatively, be a fair-weather dog person and find owners who loan their
mutt for walks and homestays through
Borrow
my doggy.
20 Make do and mend
For the determined penny pincher, there are money-saving opportunities in your
home wherever you look. Change to lower-wattage light bulbs, turn off your
televisions and unplug your phone chargers to save on electricity bills.
Candles burn more slowly if chilled in the fridge before lighting. Reuse old
cuts of carpet as door mats or insulation.