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
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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
Crossrail will boost London’s property market
Arguably, the most sought after feature when considering purchasing or renting a property is location. Prospective buyers or tenants will look at factors such as local amenities, infrastructure and transport links. These are even more important when seeking a property in a big city such as London. Due to this, a study has revealed that properties situated near to the new Crossrail line – which is opening in 2018 – will experience a rise in price. According to the study, local housing and areas in the city centre near to Farringdon and Whitechapel will see the most change, and even increased at a faster rate than the rest of London last year. Continue reading
New safety regulations to protect tenants and landlords
This year will see new regulations laid out in Parliament requiring landlords to install fully functional smoke and carbon monoxide alarms in their properties. Although subject to Parliamentary approval, the law is expected to be implemented from Oct 2015. The move has received strong support and is expected to aid the prevention of up to 36 fatalities and 1,375 injuries annually. Government funding will enable fire and rescue authorities to support their local landlords by providing free smoke alarms. The aim is to help private landlords successfully meet their obligations and to protect tenants and properties. Continue reading
