Category Archives: News

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The London rental market remains strong

At the moment, close to 30% of the entire London property market is made up by the private rental sector. Owning property to lease in the capital has always been regarded as an astute investment decision, with levels of demand ensuring a healthy yield irrespective of economic conditions. However, with proposed changes to the ways buy to let properties are taxed, some believe that there is likely to be a fall in the value of investment properties. Whilst we can see how some have reached that conclusion, we have a different view on the subject. Continue reading

Releasing Council owned land for development

The demand for houses in London remains high and supply continues to fall behind. Mayor of London Boris Johnson aims to ease the situation by ensuring that all City Hall owned land is released for redevelopment by the end of his term in office in 2016. Steps have already been made in this direction, with four former hospital sites currently being redeveloped to create new homes and commercial spaces. Continue reading

Taking advantage of a cooling property market over the Christmas period

December can be a great month for investors to buy properties if they are looking to make savings. The period generally sees the market slow down due to the arrival of Christmas and the preparations for the festive period and New Year. This means that demand drops and prices can dip slightly as a result. Sellers looking to offload properties before the end of the year may also offer discounts so they can complete a sale. This means there is potential for double savings. Continue reading

Consider allowing tenants to redecorate

In the past, rental properties were largely seen as short-term living solutions, but in recent years the number of people living long-term in rented homes has risen hugely. With many people spending years at a time in their rented properties, it’s unsurprising that they want the chance to personalise the property and make it unique. However, due to restrictive tenancy agreements which forbid redecorating, many tenants may be unable to personalise their home as much as they would like to. Continue reading

Preventing illegal subletting

Unauthorised subletting can be a huge problem for landlords, as it can not only cause damage to their valuable property investments but also result in legal and financial issues, breaching the terms of your mortgage and invalidating your insurance. In certain cases, it may even result in fines and prison sentences. This means you need to take every step to protect yourself from this eventuality. Continue reading

Another example of the demand for properties in London

Over the last two years there has been huge competition in London to buy properties in new developments, particularly when the homes are valued at less than £300,000. The high level of demand has even seen people queuing overnight the day before homes go on the market so they can secure one. This happened at Waterside in Hayes and Canary Wharf’s Harbour Central. Continue reading