The number of privately rented properties in the UK today is at one of the highest levels it has ever reached. Although London is usually associated with a higher percentage of rented homes rather than owned ones, even in the city the increase is quite prominent. It is, in our experience, a very well balanced state of affairs. Continue reading
Author Archives: admin
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
Finding properties to buy in Brent
If you’re seeking to make an investment, you may be looking at properties in the London Borough of Brent. Located in the north west of the capital, this area forms part of Outer London and is perhaps most famous for being the home of the world famous Wembley Arena and Wembley Stadium. Continue reading
New developments make Bexley an attractive prospect
Property investors may wish to consider looking for properties in Bexley. This is swiftly becoming one of the more popular boroughs for investors due to its appealing homes and properties, mixture of history and modernism, and the fact that it is within short travelling distance of Central London. 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
A rapid response to the election results
The response of the high end property market to the result of the General Election has been quicker than many estate agents could have imagined. Rokstone, an agency based in Central London, reported that they were receiving enquiries from investors shortly after midnight before the final result was even known as it already looked like a Labour government would not occur. A Conservative victory means the proposed mansion tax won’t happen, so the prime market can look forward to the next five years with confidence. Continue reading
High house prices continue to drive the demand for rental properties
Research from Hampton’s International reveals that it has become 77% harder to purchase a property in London since 2010. This is a result of the fall in average incomes and the rise in childcare costs and house prices. The figures also revealed that the average young family has only £347.00 spare annually after mortgage payments and essential spending. Recent studies that measured house prices, incomes, interest rates and the cost of living found that the amount of disposable cash that the average London family has left over is 22 times lower than the average UK family of four. Continue reading
