The property market in London and the price of oil have an interesting link. High prices for the commodity at the start of the decade encouraged a number of investors from the Middle East to purchase properties in the city where they could stand to earn good returns. Property was seen as a safe investment with prices rising and strong demand. A number of high profile properties were sold during this period. Continue reading
Removing common stress factors for landlords
With rentals booming in popularity over the past few years, more and more people are investing in rental homes and looking for tenants. If you are a first time landlord, you could have the potential to make excellent returns. However, letting a property can be a stressful experience if the whole process is not managed effectively, and you may end up feeling that the returns you get are not worth the time or effort you are putting in. Continue reading
Funding has been allocated to UK Housing Zones
It has been announced that £6.3 million of government funding is being provided to councils around the country to revive brownfield areas across the UK. The funds will be spent on construction and technical support in 19 brand new designated Housing Zones. The aim of these zones is to give councils a place where they can work in partnership with private developers, delivering new homes on previously unused land. A further eight UK zones are planned for future development. Continue reading
London reigns as the rental capital of the UK
London is home to the largest number of renters in the country. Renting has become a firmly established way of life for many and has transformed the housing market throughout the capital. It is predicted that an additional 1.1 million people will begin renting properties over the course of the next five years. Almost 30% of London’s residents are renters, and research shows that almost half of all 25 to 30 year olds fully expect renting to become the usual way of life in the future. The phenomenal shift to private renting seems a long way away from the nation’s previous emotional attachment to property ownership, but the reality is that the UK rental market is here to stay. Continue reading
Will you pay a premium for an affordable property?
Demand for homes in London is so high in many Boroughs that buyers are facing the prospect of having to pay a premium to beat the competition. This is becoming particularly common in areas typically considered to offer a high amount of affordable housing. There are several areas where sellers can stand to earn big rewards by selling while demand is at its highest. Continue reading
Bromley development set to attract even more renters in 2016
There are many boroughs throughout London that have been tipped for increased popularity in 2016 due to various development projects, substantial investments and the introduction or improvement of convenient transport links. Bromley is a large suburban town and one of the major metropolitan districts identified in the London Plan. The town has always been popular among renters due to its two railway stations, cultural offerings and Intu Shopping Centre. The area is becoming increasingly appealing to first time buyers, as well as buy to let landlords looking to maximise on the influx of renters. Continue reading
Examining the developments of 2015
As we begin a new year, figures have shown that homes across the UK experienced huge rates of financial growth throughout 2015. There are approximately 28.6 million homes throughout the entire country, which grew in value by almost £1.4 billion every day last year. As expected, London showed some of the highest growth in property values and demand, cementing its reputation as a sought after area for buyers, investors and tenants. Continue reading
The right tenants are essential for harmonious HMOs
With more and more people sharing houses and flats in London, the quest to secure a room in a multiple occupancy building is becoming increasingly competitive. When trying to bag the room of their choice, a large number of potential renters are facing interviews with landlords, property owners and other occupants. The survey by Easy Roommate highlights the kind of people that are likely to secure the room they want and the character traits that are preferred by established landlords and existing tenants. Continue reading
Casting an eye to transport links
The property market in London is immensely competitive and attracts a hugely diverse range of buyers, each with their own specific criteria. One thing that most people targeting the area will need to consider is the transport links. These are very important because of the sheer size of the city and the need to be able to move around freely. The presence of transport links such as Underground stations and bus routes can transform areas into property hotspots. Continue reading
Helping you to reach short and long term goals
As highly experienced property specialists, we completely understand that all investors will have their own individual goals and that each portfolio is completely unique. Some investors will be looking to quickly sell on a property for a profit, while others will seek more long-term investments and may let their properties so they can continue to make a steady income until the property has gained optimum value for selling. Many investors have a combination of short and long term investments. Continue reading
