The property market in London has fluctuated over the past few decades, so it’s no surprise that people have become a lot more selective about what they get themselves involved with. Investors from around the world are currently seeking properties in London, simply due to the fact that hundreds have done it before them and reaped in the profits as properties in the capital become ever more sought after. Continue reading
Monthly Archives: August 2014
The benefits of using a professional property management company
If you own a property, whether residential or commercial, whether in an area of London such as Hounslow or even further afield, it’s highly recommended that you acquire the assistance of a knowledgeable company that can handle all aspects of your investment project. We’ve compiled a short list so you can see some of the reasons why it’s best to enlist professional help with your investment property. Continue reading
How to become an “armchair investor”
In one of our previous blog posts, we mentioned how important it is that you get professional help with your property investments. Here we are going to discuss another big advantage of using a property management company such as Finefair to handle your investment properties: the opportunity to invest in properties which are far away from your home. Continue reading
Property prices and demand levels can fluctuate each month
House prices in the UK have risen steadily as signs of economic recovery continue, reaching peak levels this year. A supply of new builds is giving people a larger supply of properties to choose from. Figures for July show that the price rises are slowing slightly compared to previous months but this is likely to only be a short term phenomenon. Continue reading
Opening a London B&B is challenging but rewarding
Property management is difficult and with a bed and breakfast, this can be even more difficult. Though it can seem like a good way of living and working in one environment and has the potential to reap significant income, there are significant difficulties. Money and time are required to bring a B&B up to a standard suitable for guests. On top of this, there is no off time: you are always working and considering your guests. Owning a bed and breakfast in London is a whole different situation in of itself. Within London itself, there are many, many B&Bs, each one unique and each one vying for the attentions of their customers. Continue reading
The importance of professional help for landlords
New research has revealed that property investment is the most popular type of investment for British people who want to generate a good return on their money – more so than stocks, shares and pensions. A new YouGov survey of 2,000 British adults reveals that more than half would like to have a hands-on role in managing their investment properties themselves, and 38% say they wouldn’t trust financial professionals with their investment. Continue reading
A portfolio of properties has the potential to reap a large amount of profit
Hosting a portfolio of properties holds many distinct advantages over owning just one property. You may own many different types of properties, from flats to hostels, meaning that you can appeal to a range of potential tenants and buyers with your property. It also means that, if you choose to let, you are making more income over someone who lets a single property. Hosting a portfolio, even if every property is spread across several boroughs, means increased work, but it means increased profits in turn. Continue reading
New rental standards will help to protect London’s tenants
Boris Johnson, the Mayor of London, launched London’s first rental standard in May of this year. A new set of rules and regulations has been laid out with the aim of raising the quality and standard of rental properties for tenants in London, enabling people to enjoy a higher standard of living in the capital. Continue reading
Generation rent deserve to have rental properties in top condition
Today’s generation are searching for a better alternate to being stuck with a mortgage; more and more people are opting to rent properties instead. Compared with a mortgage, renting is more flexible and allows younger people the freedom to do whatever they please. The idea of being able to choose their dream job in any location without having to go through the hassle of selling their home and all of the legal expenses associated with it is definitely a plus. Continue reading
Our tips for investors who want to buy-to-let
Buy-to-let is an attractive option for many who are looking to invest in London property; homes are in high demand in the capital so you will never be short of prospective tenants. Investing in any sort of property is an important decision and one that should not be taken lightly. Here are our tips for investors who are interested in buying a property to let. Continue reading