Monthly Archives: May 2015

Renovating and improving building fabric

It is essential that the fabric of your property remains in good condition, well maintained and regularly checked. The building fabric includes the roof, floor slabs, walls, windows and doors. If any of these are compromised in any way, the entire property could potentially be put at risk. Water and damp can set in, infestations can happen more easily, and the property can become more vulnerable to intrusion. All of these issues can compromise the safety, security and health of the occupants. Continue reading

Invest in lucrative HMO properties

There has recently been a rise in buy to let landlords looking for semi detached properties and specialist units such as multi-block units and HMOs. As optimism rises, landlords in the capital are planning for steady growth in the buy to let property sector. Recent research of the market shows that the percentage of landlords on the lookout for specific properties such as HMO developments has increased from 23% in the fourth quarter of 2014 to 35% in the first quarter of 2015. Continue reading

Help to buy ISA on the horizon

In the news recently we have been hearing about the introduction of a help to buy ISA, designed to help people purchase their first property. With the current high property prices, lower average incomes, and stricter rules on obtaining a mortgage, first-time buyers need all of the help that they can get. Continue reading

There are indications of prosperous times for investors

Following a muted six months, we are now seeing momentum return to the housing market. Demand was slowed by uncertainty regarding the result of the general election, tighter lending conditions and a natural adjustment after a recovery in prices. The annual growth rate is the most important indicator for the direction of the housing market, and new data recently released by the Halifax shows that the growth rate increased from 8.1% to 8.5% during the 12 months to April 2015. This means that the average house price rose from £193,328 to £196,412 in a month. Continue reading

Generate maximum income by turning a house into a HMO

Many people are choosing property management as a way to make a profit, particularly in London where the market is continuously growing. More and more housing is needed for more and more people, increasing the demand for affordable, high quality homes. For those who own an investment property with three bedrooms or more, turning your property into a HMO (house in multiple occupation) could be a viable option. Doing so serves the community well, providing living spaces for multiple people, and also maximises your income. We specialise in Barking and Dagenham property management, as well as managing properties throughout the capital, and we can not only help you to turn your property into a HMO but we can also guarantee your rent too. Continue reading

London’s newest developments

The demand for housing is reaching a critical level, particularly in London. The new Conservative Government will have a tough challenge on their hands to meet building demands and get the amount of properties built that are needed. There are currently said to be over 50,000 new homes at various stages of construction in the city. Some of these will become available this summer whereas others will follow in the spring of 2016. With the General Election over, it is a good time to take a look at the market and see where buyers can find the best deals. Continue reading

Swift payments and a healthy income

If you have experienced problems with your rent payments before, such as tenants missing payments or properties being left empty and unprofitable, you may be in search of an answer. There is one great way to ensure that you never miss out on required rent payments, and that is to sign up with a guaranteed rent scheme. This way you will carry on getting paid every month without the work, stress of hassle, regardless of outside circumstances. Continue reading