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You can tell it’s the silly season, all sorts of weird and wonderful news that you didn’t know you needed… but it may help someone, somewhere!
Zoopla says that their research shows that the street name is the secret to house prices. It’s common sense to a point; would you want to live in Crumbly Terrace or Belgrave Square? Buttercup Lane or Nettle Street? But there is more. (more…)
It’s been a twitchy few weeks in the property business as pundits listened to Coalition mutterings and consulted crystal balls, but in the event, today’s Emergency Budget wasn’t all that frightening after all. (Download the full text at bottom of story). (more…)
Buying to let is a great way of investing in traditional bricks and mortar assets. Once you own a property you can then allow tenants to rent the entire space or just individual rooms within the property. Buying to let makes for a safe investment that gives you a great return for years to come.
In this article we’ll look at the top 10 tips for buying to let. A guide aimed at helping you get the most out of a bricks and mortar investment with the least amount of risk possible. (more…)
Buy to let properties can offer a great return on your investment. In the UK alone two million people, or 5 %, have a second home which they rent out. This has increased by 300,000 in the last five years. The number of buy to let mortgages has increased by 98% since 1994.
On average the typical landlord is a male aged 36 to 55 with another job along with their property investment. Most landlords see their property portfolio as a retirement safety net.
When investing in property you need to make sure you’ve researched all the risks. One of the ways in which can cover yourself is through insurance. (more…)
It’s all over the property news that Google is considering launching a property website in the UK, with people up and down the country giving their pros and cons and voicing their opinions.
From our point of view, as providers of property management software for landlords, here are our thoughts: (more…)
We’re interested to read that the government is planning to set up a new website on which tenants can post their views about their landlord and rented accommodation. http://www.telegraph.co.uk/property/propertynews/7149386/Tenants-given-new-right-to-post-feedback-on-landlords-on-internet.html (more…)
We speak to current and potential buy to let landlords all the time, and one of the things they always tell us is how daunting things were for them in the beginning.
So it seemed nice to come across this post on the Telegraph detailing 10 tips for buy to let success - http://www.telegraph.co.uk/property/investmentinproperty/6672288/10-tips-for-buy-to-let-success.html
We’re not going to rehash it here, so a quick summary for you:
1 You are in the business to make money, not to help people
2 Buy two or three-bedroom houses – and never flats
3 Buy new or nearly new
4 Choose your tenants carefully
5 Leverage your money
6 Magnolia wins every time
7 Avoid ex-council houses or bungalows
8 Buy close to home
9 No smokers or mechanics – but dog owners welcome
10 Enjoy the experience of being a landlord
Now, with the exception of number 10, we’re not sure we agree and here’s why: (more…)