Preparing for old age and retirement is important, and for many investors, buy-to-let property offers the prospect of security. If you own a rental property, it could be a source of regular income for you when you are no longer working, particularly if you own a property in a sought after area of the capital such as Islington. Continue reading
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Rising house prices have given birth to “Generation Rent”
With the average house price expected to rise to £360,000 by 2020, it is predicted that most people under the age of 40 will be renting in 2025. It is also likely that there will be many more older people than ever before who own their home outright, which will account for almost 35% of households. According to analysis by multinational accounting firm PricewaterhouseCoopers, the overall UK owner occupation rate is expected to drop from a peak of almost 70% prior to the financial crisis to almost 60% of households in the next ten years. Continue reading
Now could be a great time to sell up
Many investors purchase properties with the idea of selling them on for a profit in the future. Now, there could be good news at hand for those who own property in West London and are looking to sell quickly. New data has emerged from the Land Registry showing that house prices in Hillingdon are amongst the fastest rising in the country, rising 15.2% in the past year alone. This could mean that now is the perfect time to sell if you own a property investment in this London borough. Continue reading
Make sure you don’t lose out on rent
Guaranteed rent is a fantastic option for landlords who are concerned about receiving their rent on time, but many are wary of taking it on. However, when you work with us, you will have absolutely no worries about your valuable investment. Continue reading
Harrow boasts five prestigious Green Flag parks
Harrow is famous for being one of the greenest London boroughs, and its reputation was sealed even further last week when five parks in the borough were given the sought-after Green Flag award. This award recognises the UK’s best parks and green spaces, and notifies parks which offer high quality facilities and are well maintained. Continue reading
More housing zones given the green light
Homeowners and investors alike are feeling the squeeze as less and less housing is available within the capital. However, as news breaks that more housing will be developed, we could hopefully see some of the strain being relieved. Continue reading
Investors continue to prosper due to record high property demand
Figures released by the Land Registry have revealed a 9.2% rise in property prices in the last twelve months. The demand for property simply exceeds the supply. As the availability of housing remains lower than the need, it stands to reason that prices will remain high. The latest census figures for the capital show a 900,000 increase in population from 2005 to 2013 with only 175,000 new homes built. Continue reading
The importance of gaining planning permission
Development land is in such high demand in London that countless renovation and regeneration projects are underway to transform old buildings into new homes and retail space. One of the most astonishing stories at the moment regards the Alchemist pub in Battersea. The property was originally constructed in the Victorian times and had served the local community in south London for over 100 years. It became derelict in 2013 and was chosen as a potential development opportunity. Continue reading
Boost your property success by allowing private lettings
Having a property that is vacant can prove to be extremely frustrating. Whether you only own a single property or an extensive portfolio, a property that isn’t being used is simply losing money. One of the best ways to recuperate costs and earn a regular income is to let the property to a paying tenant. By doing so, you will receive a regular income that you can depend on, as long as the tenant is trustworthy. At Finefair, not only do we offer a comprehensive lettings service, but we also offer guaranteed rent, designed to provide you with a regular income. Continue reading
Enfield properties are sought after for council leasing
Of all the London boroughs, Enfield stands out for its numerous claims to fame. For instance, this was the place where the world’s first ever ATM cash machine was installed and used. It was also in Enfield that companies manufactured automatic dishwashers and solid state colour TVs for the first time. Enfield carries on its reputation as a dynamic modern location to this day, with many property investors viewing the borough as an attractive area to purchase in. Continue reading
