Introduction
Feng Shui, a practice deeply rooted in Chinese philosophy and culture, offers a unique perspective on the relationship between humans and their living spaces. Translating to “wind-water,” Feng Shui encompasses a set of principles and techniques aimed at harmonizing the energies present in a home or environment. Originating in ancient China, Feng Shui has transcended cultural boundaries and gained widespread recognition for its ability to create spaces that promote balance, prosperity, and well-being.
This article delves into the fundamental concepts of Feng Shui and explores how they can be applied to residential interiors. By exploring the impact of Feng Shui on different rooms and spaces within a home, readers will gain insights into how they can harness positive energy and create environments that support their physical, emotional, and spiritual well-being.
The Influence of Feng Shui on Homes
Feng Shui has a profound impact on the energy flow within homes, influencing various aspects of daily life, including health, relationships, and prosperity. At its core, Feng Shui seeks to achieve a harmonious balance of energies, known as “qi,” which permeate the environment. By aligning the physical layout and arrangement of furniture and decor with Feng Shui principles, homeowners can optimize the flow of qi and create spaces that feel supportive and nurturing.
Principles of Feng Shui Layout and Positioning
Orientation and Entry Points
Feng Shui emphasizes the importance of the main entry point or door, as it is considered the mouth of qi, through which energy enters the home. The door should ideally be proportionate to the size of the house and easily visible from the street. It’s also advisable to avoid direct alignment with doors and windows, as this may cause energy to rush through the house too quickly.
Balancing Yin and Yang
Feng Shui seeks to achieve a balance between yin and yang energies within the home. Yin energy is passive, soft, and nurturing, while yang energy is active, bright, and dynamic. Rooms should incorporate elements of both yin and yang to create a harmonious atmosphere. For example, a living room with soft, curved furniture (yin) can be balanced with bright, vibrant colors (yang).
Natural Light and Ventilation
Maximizing natural light and ventilation is essential in Feng Shui, as it promotes the circulation of fresh energy throughout the home. Windows should be kept clean and unobstructed to allow sunlight to enter freely. Additionally, proper ventilation helps to disperse stagnant energy and maintain a healthy indoor environment.
Feng Shui Guidelines for Different Rooms
Feng Shui Bedroom
- The bed should be placed diagonally opposite the door, allowing occupants to see the entrance without being directly in line with it, promoting a sense of security.
- Avoid positioning the bed under a window or directly facing a mirror, as this can disrupt sleep and create restless energy.
- Choose soft, soothing colors for bedding and decor to promote relaxation and restfuse sleep.
- Keep electronic devices to a minimum in the bedroom to reduce electromagnetic radiation and promote a peaceful atmosphere.
Feng Shui Living Room
- Arrange seating to encourage face-to-face conversation and interaction, fostering harmony and connection among occupants.
- Incorporate natural elements such as plants, wood, and stone to bring the energy of the outdoors into the space.
- Ensure that furniture placement allows for easy movement and flow of energy throughout the room, avoiding cramped or cluttered arrangements.
- Balance lighting sources to create a warm and inviting ambiance, with a mix of natural light, overhead lighting, and soft lamps.
Feng Shui Kitchen
- Keep the kitchen clean, clutter-free, and well-organized to promote health and abundance.
- Position the stove so that the cook has a clear view of the room and entrance, symbolizing command and control over the household.
- Incorporate elements of the fire element, such as red accents or candles, to enhance energy and vitality in the kitchen.
- Ensure good ventilation and adequate lighting to create a bright, inviting space for cooking and gathering.
Feng Shui Lounge
- Arrange seating in a circular or semi-circular layout to encourage conversation and social interaction among guests.
- Incorporate soft textures and comfortable seating to create a cozy and inviting atmosphere.
- Use warm, earthy colors and natural materials to promote relaxation and comfort.
- Balance lighting sources to create a harmonious ambiance, with a mix of overhead lighting, table lamps, and candles.
Property assets appreciate gradually over time and are considered a fairly inflation-proof investment since, although the economy may be sluggish, it is very unusual for bricks and mortar to drop in value.
However, with rising inflation putting pressure on other aspects of owning rental properties or managing a portfolio, there is the likelihood that higher mortgage interest rates, utility costs, and council tax will impact your bottom line.
Here we’ll run through some suggestions to help you maintain profitability, along with guidance about assessing the fair rental value of each rental property in your portfolio to recognise the increasing demand for quality accommodation, particularly in the most sought-after areas of West Sussex.
Why Does Inflation Impact Rental Property Profitability?
Inflation itself doesn’t normally have any marked impact on the valuation of a property, but it can affect other outgoings. Managing those costs during times of swift price rises can be essential to ensure your portfolio achieves the returns you expect to make on your investments.
Selling up is also inadvisable, given that the highest returns are realised over at least ten years. Purchasing a residence with a suitable rental value should cover the running costs, with a profit element.
An important consideration is that while interest rates may mean some expenses are higher, it also means that average rental premiums have risen. In many cases, the best course of action is to re-evaluate your portfolio to see where increases would be reasonable and fair.
Other solutions include marketing a vacant property or new portfolio acquisition as a short-term holiday rental, if permitted within any mortgage agreements you may have, seeking a higher income while interest rates settle.
Controlling Rental Property Costs During Rising Prices
For most landlords, the mortgage is the highest expense linked to a rental property. Although interest rates are currently high due to the successive base rate increases introduced by the Bank of England, they are forecast to revert in the coming months.
The Economics Observatory estimates that within the next 12 months, inflation will fall to 2%, in line with governmental targets, and the current average 6% mortgage interest rates will fall to 3.3% by 2026.
In the meantime, rental mortgages can be flexible, and professional property investors may have several options to consolidate, extend or reduce their payment obligations through:
Switching from repayment to interest-only. Although fewer buy-to-let homes are purchased on a repayment basis, this could be an effective solution in this circumstance.
Consolidating mortgage borrowing. This may benefit portfolio owners with a larger volume of properties, where lenders keen to secure their business may be more competitive when considering a larger portfolio mortgage rather than a standalone product.
Meeting Market Demand to Improve Property Portfolio Returns
The next area to consider is the income your portfolio provides and assessing how the costs of running and owning a property have changed over the last few years. We recommend landlords and investors compile detailed budgets to have comprehensive oversight of their margins, looking at:
• Maintenance and repair costs.
• Council tax and utilities.
• Borrowing interest and product fees.
• Gas and electricity safety inspections.
• Landlord licences for HMOs.
• Insurance coverage.
Once you have a clear picture of the costs, it becomes easier to evaluate whether the rental yields currently achieved are sufficient, and alongside a valuation, can help you make informed decisions about the best way forward.
Working with an accomplished and highly regarded lettings management team can improve your prospects significantly, advertising properties to the right demographics, using outreach marketing to reduce the duration of vacancies, and ensuring your rental property is presented in a professional and appealing manner.
Options may include, but are not limited to:
• Permitting tenants to take up residence with a pet, incorporating the safeguards around damage and maintenance within your tenancy agreement documentation.
• Making improvements to the condition, décor, exterior or space inside the property – this may range from simple refurbishments to more sizeable extensions or incorporating off-road parking and dropped kerbs to enhance accessibility.
• Investing in the energy efficiency of a portfolio asset, where tenants are keen to secure rental properties that are future-proof, low-cost to run, and have an excellent energy performance rating.
For more advice about managing your property portfolio in and around West Sussex, please contact the local Tod Anstee – Estate Agent in Chichester office to arrange a convenient time to talk.
Information Source: – https://www.todanstee.com/latest-news/how-to-protect-your-property-portfolio-from-rising-inflation/