For the past few years, many property developers in London have focused on transforming old, disused warehouses and commercial properties into homes. There have been many success stories, particularly along the Thames in areas that were previously in desperate need of regeneration. With a big demand for properties but a limited supply and high prices, the developments have proven to be very popular, particularly when they deliver good value. Continue reading
Monthly Archives: April 2015
Changing conditions in London’s property market
The property market in London is currently in the throes of a cooling period following the big rise in prices that occurred in the spring of 2014. Latest figures show that prices in other parts of the UK are set to outperform the capital for the first time since 2009. The price of a home in London is expected to fall by around 3.6% over the course of the year while the UK as a whole will see rises of 1.5%. These figures come from the CEBR (Centre for Economics and Business Research). Continue reading
Carrying out responsive repairs and maintenance
In the public sector, keeping properties in top condition is vital. Whether they are used for accommodation for families, or are properties under a particular jurisdiction that require professional care, it is important to look after these properties to the highest possible standard. This often requires the help of an external partner who can keep the properties in top condition, ensuring that they do not fall into a state of disrepair. Continue reading
HMOs offer substantial benefits to property investors
There are a host of benefits offered by HMO property investment. Many landlords often express concerns regarding the effort involved, but the reality is that the rewards far outweigh the initial input, and being in possession of HMO properties can offer long term solutions and financial freedom. It is a particularly beneficial time for investment in the HMO sector as the government is actively promoting communal living as an affordable way of life. Furthermore, alterations to housing benefit legislation mean that single people under the age of 35 are only entitled to a room in a shared house. This has inevitably forced thousands of people into the HMO market. Continue reading
Successfully meeting the needs of our investors
Choosing an agent to let your property is an important decision. Whether you are a first time landlord or an experienced property developer, you need the assistance of experienced agents with unlimited knowledge of the market and every aspect of tenancy law and regulation. If you do not have the time and available resources to deal with the issues that arise from being a landlord, you can benefit from our comprehensive support. Continue reading
Property prices rise above earnings in London
House prices have increased to more than the UK’s average employee’s net earnings in the past two years in almost one of five districts across the UK. A majority of these areas are in the South East and in London, with data showing that eight London boroughs are included in the top ten. Areas which have witnessed the biggest differences were Fulham and Hammersmith, where prices increased by average of £200,000, surpassing the take home earnings in the area by £150,000. Continue reading
Develop your portfolio for optimum investment returns
Many aspiring property developers begin their careers with the goal of acquiring as many properties as possible. The majority of investors share the intention of eventually replacing their personal exertion income with cash from their investment properties. Property portfolios are potentially very lucrative, but it is important to have a long term strategy in place. It is wise to consider the value of your asset base as opposed to how many properties you can accumulate. Continue reading
London is going through major changes
London is changing more now than ever before in its long history. The city is growing upwards and outwards at a fantastic rate, completely redefining the size and scale. Many areas are becoming more dynamic, with public spaces and street finishes working together to create a welcoming environment. Many structural changes have taken place too, with developments in infrastructure making some areas far more accessible than ever before. The development of the city is astounding both for its pace and broad focus. Continue reading
Buying properties at auction
Finding an investment property in London can be challenging, especially when you consider the amount of competition there is in the market from both at home and overseas. It is advisable to work with local estate agents such as our team on this matter, particularly if they offer portfolio services where they actively search for properties for you; we offer a wide variety of services including full property management in Bexley and beyond, guiding you towards making the right decisions for your finances. Continue reading
Pension changes could spark another buy-to-let boom
In last year’s budget, Chancellor George Osborne announced changes to pension rules that would allow new pensioners to gain better access to their savings through cash in annuities. The changes will come into effect this month and will affect those saving into a workplace or personal pension scheme where the payouts are based on the performance rather than the final salary of the fund. Continue reading
