If you are a high end property investor looking for your next investment opportunity in London, there is an abundance of available choice. As a major financial centre and culturally rich location, the traditional advantages of the capital are attractive as ever to investors and developers seeking remuneration from the high end rental market. The influx of buyers from Europe and beyond is driving up demand and inevitably resulting in the transformation of the London market. Continue reading
Monthly Archives: July 2015
Investing in London’s commuter belt
High prices in London have been encouraging many people to live outside of the city and commute for work and leisure for a number of years. This approach typically helps them to make their money go further, and also means they can benefit from living in less crowded areas. Outer boroughs are the most favoured because they tend to offer the best value for money in Greater London, although some people look even further out. Continue reading
Reviewing your existing portfolio
When you have a portfolio, it’s important to ensure that it is well managed. A portfolio that is well managed and taken care of will help to bring in a lot of revenue for the investor. This is why we offer a dedicated portfolio management service that you can place your complete trust in. We have over a decade of experience helping a wide array of investors and handling a variety of different portfolios, so you can be assured our expertise will help you to make the most out of your investments. Continue reading
The new London properties available for short term let
Changes to renting laws in London are opening up new opportunities for property owners. The biggest change now allows people to let properties on a short term basis, freeing them to share their homes for up to 90 days per year without having to even register that they are doing so. This is particularly good news at a time when services like AirBnB are growing in popularity and offering tourists an alternative to hotels, hostels and other accommodation. Continue reading
Relocate workers with our private and corporate lettings service
If your company is in search of staff with specialist skills, you may look abroad to find the perfect worker for the job. Whilst there is a huge pool of skilled workers to tap into around the world, bringing them into the country can be challenging. Paperwork and visas can usually be dealt with relatively easily, but it can be difficult to house them, particularly with Britain’s current housing shortage. However, with our private and corporate lettings service, we can help to resolve the issue and find desirable housing for your workers. Continue reading
A patch of pavement shows Islington’s desirability for investors
For several years now, Islington has been a highly desirable area of London for residents, business owners and property investors alike. With its vibrant restaurants and cultural scene, interesting shops and markets, many community events and lively clubs and theatres, this largely residential borough has plenty to offer and is a popular location for property buyers who have the resources to make a purchase here. However, a new investment made last month has demonstrated just how highly sought-after this North London borough really is. Continue reading
London landlords are swiftly securing new tenants
Research of the current rental market shows that 51% of new lets in London are agreed while the property still has a tenant. This is a rise from 41% in 2014. In areas with the highest level of demand, landlords are able to secure new tenants in the shortest time periods. This has resulted in the majority of landlords in the capital being able to re-let their properties before the existing tenant vacates. Currently, the average property is being let in 32 days, which is the lowest figure on record. The research carried out by Countryside shows that so far in 2015, 33% of all new lets were agreed before the tenancy concluded, which is an increase from 27% last year. Continue reading
A proposed new runway at Heathrow Airport
It has been in the news recently that the Airports Commission is calling for a third runway to be created at Heathrow Airport, in the London borough of Hillingdon. It is expected that the government will make a decision on the proposed expansion by the end of 2015. It is thought that this new runway would create up to 70,000 new jobs and bring an extra £147bn to the UK economy, but not everybody is happy about the proposal. Continue reading
Mayor’s new housing zones spell good news for investors
In response to the housing shortage, the Mayor of London has recently announced plans for a further four housing zones across the capital. This reflects the need to accelerate efforts to deliver the new housing that the ever-expanding city needs. The new zones in the borough of Redbridge, Enfield, Havering and Tower Hamlets will collectively provide the city with 12,000 new homes. This will raise the number of housing zones announced to 15 with a total of 49,105 homes created. 14,055 of those homes will fall into the affordable category. The Mayor’s £162 million contribution to the new zones is a result of the collaborative effort between local boroughs, the Government and the Greater London Authority. The aim is to accelerate the development of areas that would not normally benefit. Continue reading
More banks say yes to mortgage applications
According to the British Bankers Association, May saw the number of approved mortgages soar to its highest level since 2014. High street banks throughout the UK approved almost 73,000 mortgages, compared to a 20 month low of just over 60,000 in December. The size of approved loans for property purchase also rose to almost £170,000, in comparison to two years ago when a typical loan was approximately £159,000. The rise in successful mortgage applications is consistent with the trend we have seen since the beginning of 2015 and confirms the buoyancy of the property market. Continue reading
