How to Install and Maintain Acoustic Ceiling?

22:48

It can be extremely exciting to get your hands on a home project. The acoustic ceiling is something that many people love working on. You will surely have to be equipped with the right tools and a guide to go about the process. There will be times when you might not be sure about the same as well. In case you feel stuck, there is professional help available to you. However, if you care to read and update yourself about the process, you can certainly go about it smoothly. 

Here Is How To Install Or Repair The Acoustic Ceiling: 

Blueprint 

It is important that you have the right plan to follow. For this, you will have to invest your time and skill in developing a good plan. Read different articles on ceilings like a grid, drop or suspended ceilings. Only when you are aware of the different types, you will be able to work on it. Get some inspiration on designs. See if you can get a working plan to study. The more you research, the more you will be able to plan in detail for the acoustic ceiling.

Acoustic Ceiling

Right Tools 

Make a very detailed list of all the tools that you will require for the project.  It is possible that buying such tools might be expensive and futile if you won’t need them in the future, so look out if there is a way of renting them. It is important that you are equipped for building the acoustic ceiling.

Using Good Material

When you are saving money on hiring professionals, you should not compromise on the quality of materials. Make sure you invest only in good quality materials like angles and nails. Investing in cheap quality over a few bucks can cost you the durability of the ceiling. This can risk the safety over a period of time. Hence, make sure you go shopping only for top-quality materials.

Acoustic Ceiling

Preparing the Grid

Once you are equipped with the knowledge and tools, you are ready to set up the ceiling. You will have to carefully align the grids because the subsequent ceiling work depends on the stability of the grid. Make sure you follow the measurements carefully. A slight variation and you will mess up the whole process. If you do not want the money, efforts, and resources going to waste, you will have to be careful while laying out the grid.

Practicing Safety

It is important you have someone to help at every stage. It is next to impossible to compare yourself to a professional. So, make sure you are cautious about dropping tools or equipment. Also, you might be vulnerable to tripping or falling. Never be overconfident and be careful about your every movement while you are planning to install the acoustic ceiling. If needed, invest in safety gear like eyeglasses and helmets.

Acoustic Ceiling

Installing the Angles

Be extremely careful when you are fixing the wall angles. The entire structure of the acoustic ceiling depends on it. Get a firm balance while you are attaching the angles. Once you are clear with this stage, you can follow the further procedures safely. In case you feel doubtful, you can watch videos online to get a clear idea. If needed, do not hesitate to ask for help. Call in professionals if you feel stuck.

Make sure you maintain the ceiling well. In the case of damages, take out time to get the repairs done. If you do not feel the task is your cup of tea, get the professionals to do it for you.






All you need to know about Low Doc Building Loan

by 04:28

If you are a freelancer or self-employed, then availing loan can be a challenging task. To buy a property, you need to apply for a loan, but it also requires completing a lot of paperwork. To make the process simpler for self-employed and freelancers, there is a low doc building loan provision which requires less paperwork and faster loan approval. This blog aims at highlighting few important aspects of this loan.

Low Doc Building Loan


Documentation for low doc loan:

If you are applying for a low doc building loan, then you need to have certain documents, these includes:

  • Income declaration of the borrower
  • Registered business name
  • ABN – Australian Business Name
  • 12-month business activity statement also known as BAS
  • Proof confirming you are registered for GST for minimum 12 months and more

Once you have submitted all these documents, the bank will verify the same. After successful verification, the bank will approve your loan application. Remember, timely repayment of the loan is important as it will eventually impact your credit score. 

Eligibility for low doc loan:

Although low doc building loans are easy to apply, you have to adhere to the edibility parameters. These include the following:

  • Proof showing that you had been working in the same industry for the past 1 year. Some lenders may require 2 years.
  • No other mortgage on the current property
  • A clean credit history, no defaulters will be entertained
  • You can avail 80% of the total amount on the property and if you do not want Lender’s Mortgage Insurance (LMI) you will be eligible for 60% of the total amount of the property
  • Property Valuation details

Choosing the right low doc building loan:

When you start your search to apply for the low doc building loan, you will come across many lenders offering the same. The following segment highlights what are some of the key parameters that you need to consider:

Compare the loan- Since there are so many lenders, you have to compare the loan rate, fees and other charges before making a final call. 

Flexible repayments- The best factor that you need to take into account is flexible repayment. Many lenders offer the provision of weekly, fortnightly, or monthly repayments. Some lenders also offer option to make extra payments to reduce the principle amount or reduce the no of months by making extra payments.

Redraw facility- In case your cash flow is unstable or varies, then a loan that offers a redraw feature will be helpful. The redraw facility will allow you to withdraw additional repayments.

Higher interest rate: there are lenders offering lower interest rate too but they ask you to submit many documents and based on those document's they will verify if you are eligible. The lender with higher interest rate ask for minimum documents and the chances or loan approval are higher.

LMI lenders mortgage insurance allows you to take up to 80% of the value of the house as loan and if you do not want to opt for Lenders Mortgage Insurance you can take up to 60% of the value of the house as loan.

Low Doc Building Loan


Conclusion

Keep in mind that the declared income should match your age and experience. For e.g. a 20 year old cannot show an income of 250,000, he will be straight away rejected and chances that the lender may report the person to the authorities suspecting black money. This was the basic information about the low doc building loan. There are different lenders offering this loan. In case you are planning to apply for this loan, follow the above-mentioned guidelines. 

Infographic on Benefit from short term finance


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