Having a portfolio of properties, especially in sought after areas of London like the City of Westminster, can be a dream come true. With the right properties, the value of your portfolio will have certainly and substantially increased, especially with the current housing market boom.
Many London residents prefer rental properties
Research by independent property consultants has highlighted the fact that a third of London tenants prefer to rent, as the circumstances suit their lifestyle and they simply do not want a mortgage. Studies of the property market show how important the private rented sector has become, and that most private tenants view their situation as long term.
Our extensive pre-auction service
One of the current problems with the property market in Camden and the rest of London is the demand far outweighing the supply of properties. As a result, auctions are becoming a popular choice for those looking to snatch up the properties that are left on the market. Auctions offer investors the chance to obtain cheap properties with the potential to make a sizeable profit, and can also help people to secure properties in prestigious locations which may otherwise not be available for sale on the market. If you’re looking at an auction to help snatch up your ideal investment property, then consider contacting our team prior to the auction.
More million pound properties changed hands in 2014 than ever before
The premium end of the property market in Bromley, Westminster, Islington and other parts of the capital has seen some of the highest demand on record this year. Sales of investment properties worth in excess of £1 million reached record levels in the first half of 2014, seeing 6,143 homes change hands. This figure is an increase of almost 2,000 or 46% over the previous year. It shows how much demand there is in the luxury market and that many sellers are willing to let their investment properties go when they receive the right offer.
Tips for buy-to-let investments
Being an investor in buy-to-let property can be extremely rewarding but as there are large amounts of money and time involved, it can be difficult to know where to start. Choosing the right property to invest in can play a large part of your success – but how do you start? All great property investors started somewhere, so here are some of our best tips for first time investors.
Making an offer on a property
If you’ve found the perfect property and are interested in purchasing it, it’s time to make an offer and enter negotiations. Remember to keep in mind your budget and how much you feel the property is actually worth; as the buyer, you are always free to move on and keep searching if the seller won’t budge.
Bed and breakfast management in London
Running a bed and breakfast can be challenging, but can also be a very rewarding business venture with the right property management in place. There are many thousands of bed and breakfasts operating across Great Britain, hundreds of which operate in London. With a forecast 18.7 million visits for 2014, adding up to an astounding £11.3 billion injected into the economy by tourism, running a bed and breakfast in the right location certainly has potential.
Finding the right property management
When you have a property investment, you may be considering letting it to tenants. Life as a landlord can be very rewarding, but it can also be difficult to keep up with all the work without the assistance of a property management company, especially if you aren’t experienced or have a number of properties in different areas. There are a few qualities that you should be searching for when looking to partner with a property management company.
Negotiating for a property
When you find a property you like in Wandsworth, Newham or any other area of the capital, it is unlikely your first offer will be accepted unless you are willing to meet the current asking price. In the vast majority of cases, some form of negotiation will need to take place. As the experts in guaranteed rent, property investments and management in London, we can advise you on the best ways to move through the process. Here are a few tips that can see you get the most from the negotiations.
A world of opportunity in property investment
There is a staggering amount of potential for profit in the world of property development. This area holds vast opportunity for creating and increasing wealth, and there are many success stories that begin with a wise investment in property.
