Blog
Blog
Budget 2018: How will it affect the sales and rental market?
Earlier this week Chancellor Philip Hammond announced the budget, the final before the UK will leave the EU. How will it affect buying/selling and renting going forward over the next 12 months? All first time buyers who are buying shared equity homes up to £500,000 are now exempt from stamp duty. This is a large […]
Why are you making excuses for your agent?
That old familiar question I ponder to myself with so many clients – Why are you making excuses for your agent? For anyone who knows me, it’s not very often I am left speechless, however on a few occasions recently, I am left perplexed with the situation in front of me. With my position at […]
Leveraging your capital
The famous phrase “don’t put all of your eggs in one basket” is ever popular during life but not with many once investing in property. I often put my head in my hands with clients who wish to make the highest annual income but decides to buy outright in cash and not leverage their capital […]
Void Periods: What does that mean for you?
If you purchase a property for £300,000 and its received a monthly rent of £3000 you are yielding 12% and this would take approximately 8.3 years to recoup the purchase price. With the same purchase price, the same rent but a month void period between tenancies once a year this starts to look different. Your […]
THE TORTOISE & THE HARE
At some point in each of our lives most of us are told the story of the tortoise and the hare and for those of you who haven’t heard this story, a tortoise and a hare engage in a race where the hare speeds off using all of his energy, eventually becomes tired and rests […]
THE IMPACT OF THE TENANT FEE BAN
THE IMPACT OF THE TENANT FEE BAN We learnt a few things from the tenant fee ban announcement but there is still a lot of ambiguity that will not become clear until after the end of March. So the date has been set as the 1st of June. This means that all contracts SIGNED AFTER […]
HOMES FIT FOR HUMAN HABITATION – ACT 2018
The Home (fit for human habitation) Act 2018 On 20 March 2019 a new law came into force to make sure that rented houses and flats are ‘fit for human habitation’, which means that they are safe, healthy and free from things that could cause serious harm. Most landlords make sure that the houses and […]
ARE YOU AT RISK BECAUSE OF YOUR AGENT?
Too many times recently properties have been seen being advertised illegally with landlords being put at huge risk of large fines. This begs the question; Is the agent aware of the risk they are exposing their landlord to or are they in the game for quick buck? The illegal properties are not just from the […]
HEALTHY BODY, HEALTHY MIND
Have you ever wanted to do something, but your mind puts imaginary barriers in your way? Have you ever got to the end of the day and felt completely wiped out, that horrible feeling of fatigue? I have but not recently and let me tell you why. At the end of January, I was introduced […]
TOP 10 TIPS FOR BUY TO LET INVESTORS
RESEARCH THE BUY-TO-LET MARKET What are your risks and benefits? Spend time investing what you don’t know, surround yourself in people that can help – mortgage brokers, solicitors, agents, surveyors, networking. Create your own power team that can provide advice. SPEND TIME RESEARCHING THE BEST AREAS TO INVEST What is your “out strategy” if all doesn’t […]
How To Stage Your Home For Viewings
‘Home staging’ is the hot new buzzword in the property world right now. The idea is to make each room in your house look like a show home, making it easy for potential buyers to imagine themselves living an idyllic existence there. What exactly is home staging, and what’s the point? According to Wikipedia, “Home staging […]
AN EASY GUIDE TO BUYING A HOME
I want to buy a new home, but where to start? Sometimes, when you’re looking to move, it’s hard to know where to start. Do you sell yours first or buy then sell? When do you look for a mortgage? Which solicitors do I use? How long will this all take? So many more questions, […]