If you own an investment property, you’ll want to ensure it is in the best possible condition so you can maximise its value when you come to sell it on or let it. There are a number of different ways you can do this and ensure you stand the best chance of attracting interest from potential buyers and tenants. Here are a few important tips to help you achieve this. Continue reading
Newham property continues to grow in popularity
For the most part, coverage of the London property market tends to focus on the higher end of the market. When an exclusive, multi-million pound property is sold, it often becomes headline news. For this reason, it is easy to understand why there is a widespread belief that living in London is unaffordable, but in reality this is not the case. Plaistow, in the London Borough of Newham, is one excellent example of affordable London living, highlighting the fact that it is very possible for people to live in the capital. Continue reading
Should you target new builds or period properties?
Property investors are faced with many decisions when they are buying a property to let. One major choice is whether it is better to buy a new build or a period property. The age of the building could have a huge impact on the price you pay for it, the potential appreciation in value, and the level of demand. It is important to weigh up each property on its own merits, but typically a new build will require you to pay a premium whereas older properties tend to appreciate at faster levels. Continue reading
Welcoming the new year with house price rises
January 2016 was an excellent month for the property market in England and Wales, according to the latest figures released by the Land Registry. House prices jumped by 2.5% on average in the period, making it the biggest rise in a single month since June 2002. Continue reading
Nine Elms development spells great news for investors
Nine Elms is located on the South Bank, and includes parts of Wandsworth and Lambeth. It was once a picture of warehouses and wasteland, but is now one of the largest regeneration areas in Europe, with almost 20,000 units under construction from an investment of around £15 billion. Local council leaders have stated that once complete Nine Elms will have a distinctively London flavour that will draw an influx of investors and residents. Continue reading
Lifelong tenants are looking for lifelong landlords
Just three years ago it was predicted by many experts in the property market that the majority of young professionals and families would eventually resign themselves to the idea of being lifelong renters. With the demand for rental accommodation in the capital so high and the number of happy tenants rising, it would seem that the predictions were accurate. As an increasing number of tenants commit to long-term tenancies, it creates the need for landlords that are equally dedicated to providing suitable housing and professionally managed tenancies. Continue reading
Getting ahead of the competition
The demand for residential properties is so high in London that there is a huge amount of competition between investors, so it is important that investors have a suitable strategy to help them secure the homes that meet their criteria. Continue reading
Make sure your youthful tenants are protected
Research shows that more and more young people are renting for longer rather than buying their first home. Recent data from the Office of National Statistics shows that the percentage of 24 to 29 year olds in a position to purchase their own property has fallen from 55% in 1996 to 30% in 2015. The percentage of 30 to 34 year olds that own their own place has decreased from 68% to 46%. Continue reading
Addressing London’s long-term vacant properties
It is widely known that London is experiencing a shortage of housing, with insufficient homes to accommodate the ever increasing demand for living space in the city. There are presently just under three and a half million homes in Greater London, but the number of people seeking to live and work in the capital exceeds the number of homes available to rent or buy. As a result of this situation, greater focus is being placed on the number of London homes regarded as ‘long-term vacant’ properties. Continue reading
University students seek high quality HMOs
Student accommodation is one of the most successful areas of the rental sector today. Research shows that billions have been invested in the area in the last two years, and as increasing numbers of students achieve high GCSE and A level results, the numbers attending university and requiring suitable rental accommodation will continue to rise. Continue reading
