Tag Archives: Investing

Are freehold ground rents a good investment? Latest Articles, UK Property Forum for Buy to Let Landlords

I have just started investing in property.Are Freehold Ground Rent Investments a good investment?

Living overseas, I have been unable to get a U.K. mortgage so I have had to pay cash for my first property.

I have a good rental yield of 10.1%, but obviously no leverage for now. I am arranging more business commitments in U.K. to eventually remedy the mortgage problem.

My question is this: Continue reading Are freehold ground rents a good investment?


Protection for families of property investors Advice, Buy to Let News, Estate Planning, Financial Advice, Guest Articles, Guest Columns, Landlord News, Landlords Insurance, Latest Articles, Property Investment News, Property Investment Strategies, UK Property Forum for Buy to Let Landlords

With growing and easier access to BTL mortgage funds comes the inevitable increase in borrowing, or as I like to call it … debt.Protection for families of property investors

BTL is the generic term, of course, for property investment, and for many people investing relies on having the right ‘debt’ in place to make those acquisitions and investments.

Many investors fit this profile; Continue reading Protection for families of property investors


Landlords Warnings – Will You Survive the Mayhem? Latest Articles

Have you read the book recently published by Mary Latham yet?Mary Latham

I’ve been talking to Mary about some of the topics in it this week and O – M – G this is going to ruffle feathers!!!

This is certainly not your bog standard “how to buy to let” book by all accounts, but if you know Mary you’d never expect that of her either. If that lady has a bee in her bonnet best stand well back I can tell you.

I have to confess to not having read the book yet as I’ve been off on tour around Eastern Europe but I will be getting hold of a copy very soon as it’s been getting some amazing reviews.

I could have done with having this book with me whilst flying to Russia or the Czech Republic over the last few weeks. We all know how boring flights can be don’t we? I’ve also heard that reading this book is a great way to avoid getting DVT as it will get your heart pumping LOL.  As there are just 147 pages of content is just about right to read on a flight, a long journey or if you are off to a nice beach this year ….

Based on the reviews I’ve already read I am looking forward to getting stuck in yet slightly pensive at the same time. When an ordinarily optimistic landlord like Mary Latham, who has with 40+ years experience in being a landlord, says she see’s the storm clouds gathering and explains why we should ALL take notice.

The book is available as a paperback for £4.64 including delivery and just £1.36 if you are happy to read it on Kindle or the Kindle App for iPad. Either way, click here to order your copy.

Reviews posted on Amazon.co.uk

5.0 out of 5 stars An essential read for those wanting a balanced view of the property market in the UK,
A detailed thoroughly researched book from an experienced landlord.

This book although in some parts quite technical covers the parts that all the get rich quick schemes manage to miss out. The questions that they ask you to save to the end of their presentations and never manage to answer and the risks that many will look into – when they come to it.

Mary covers the latest legislation, the impact of austerity measures, the banking crisis and the topics that would be almost unbelievable if it were not true! (Landlords being charged thousands to dispose of their tenants rubbish bins and recycling) to the impact of Universal Credit on Landlords and those that are unfortunate enough to have to claim benefits.

Some say the combination of these factors will create the perfect storm and others a tornado that will impact our lives significantly. Whatever boat you’re in this book is essential reading to ensure you understand the facts and then put countermeasures in place to ensure you are not a victim of this crisis. Written by a true expert and recognised as such by the National Landlords Association and Homestamp – ignore this perspective from a full time landlord at your peril.

5.0 out of 5 stars A well worth read!

As an established landlord I was unsure whether the book would be worthwhile to me. How wrong could I be!!! I benefited from an insight into a seriously experienced property guru who briefed the reader in a clear and coherent way of real life experiences, past and present legislation as well as money saving tips and references for landlords. The money I have already saved by following just a one of her expert tips has already compensated for the cost of the book twenty fold. Unlike a text book, the author writes in a light hearted way but with an underlying seriousness. I would unreservedly recommend this book to any landlord whether they are a novice just starting out or a well established agent/landlord.

Lots more equally positive reviews here.

When you have read the book yourself please do me a favour and post a review in the comments section below as well as on Amazon.

PLEASE buy this book (and READ IT!), if for no other reason than to help me say thank you to Mary for posting over 600 helpful comments on this website alone!  We are talking about less than a fiver people – COME ON!

This is the link to Amazon to BUY THE BOOK

PS – best to do it now whilst you remember.

Mary Latham


Building a letting agency business Latest Articles, Letting, Lettings & Management

I sold my first letting agency business in 2006. In just 12 years my wife and I had taken the business from a standing start to managing 1,000 properties.

We have been investing into property for 30 years so property management makes sense to us, we knew what we wanted as landlords so we built our business model on that.

Following a lockout clause we decided to go back into lettings in 2009 and launched the Go Direct Lettings franchise in January 2012.

The business now manages 400 properties.

This time we wanted to do this slightly differently and to create a National brand by helping others to replicate our business model.

We now have five further franchise offices and and plan to grow the network rapidly based our on proven model for success.

We find that people with a passion for property become the most successful letting agents.

If you would like to find out more please complete the form below.

 

Building a letting agency business

Don Holmes – Founder of Go Direct Lettings


Property Investment – what would you buy? Latest Articles, UK Property Forum for Buy to Let Landlords

Whenever I walk down a high street I can’t help looking through the window of the local estate agents and letting agents.

I stand there working out rental yields and often I get tempted to buy.

Do you ever do that?

Property Investment - what would you buy to let?The only reason I stopped buying a few years ago is that I had already achieved all of my financial goals having been in the property investment business for over 20 years. For me it was time to stop investing and to start living.

My current lifestyle is only possible as a result of many years of building my property portfolio.

Over the years I have created systems for everything I do in terms of property investment and property/tenant management and it’s those systems which now afford me the luxuries in life of freedom and opportunity to do what I enjoy best. It’s not all about travelling, spending time with family and sitting on beaches though. I love to engage with other landlords, hence my commitment to sharing best practice on this property forum which, as you may be aware, is funded entirely by donations and sponsorships.

Some of the most common questions I get asked are; how did you do it, is it still possible, what would you do if you were starting again today? Well if you read all 6,000+ posts on Property118 you will get a good idea, however, I’ve been thinking to myself that there must be an easier way to share what I know and to make it relevant to what’s happening in the buy to let property investment business today.

The idea I came up with is to ask you (Property118 readers) where you would consider buying. I will then investigate that area, select a property that I would buy myself (if I was still investing) and explain why. More to the point, I will also document how I would finance, let, manage and maintain the property along with the “desk top due diligence” I would ordinarily do prior to committing to viewing a property with a view to making purchase.

Would you find that useful?

If so, please leave a comment in the section below and let me know which areas you would like me to investigate.

Now I won’t necessarily pick the same properties that you would. That’s because we are all different and we all have a variety of motives for investing into property. Therefore, please don’t ask me to look into high yielding properties such as HMO’s, student properties or housing for state supported tenants as that’s not what I know about. I don’t know much about very high value properties either, my market is far more akin to properties which will appeal to Mr and Mrs Average, either with children of school age or retired. What you might find useful, even if we do do pick different properties, is the way I go about making my decisions.

I will assume that in every case I have access to up to £100,000 cash to invest. Based upon my findings I will explain how many properties I would buy using that money, how much finance I raise in terms of mortgages and how much capital I would retain for a rainy day.

The types of properties I will be selecting will be as follows:-

  1. Decent low maintenance properties in decent areas to attract decent low maintenance tenants
  2. NET cashflow return based on NET capital invested will be greater than could be achieved from a bank or building society
  3. Easy to re-sell or re-let in all market conditions
  4. Prospects for capital growth over the medium to log term, i.e. seven to 20 years

So back to my question, what areas (towns and or cities) would you like me to look into and why?Property Investment - what would you buy


Choosing the wrong letting agent could cost YOU thousands! Latest Articles, Letting, Lettings & Management

Choosing the wrong letting agent could cost YOU thousands!It’s devastating when you put your trust and faith into a letting agency, you pay them a monthly management fee; and all of a sudden they disappear with rent and the tenant’s deposit.

This week saw Smith & Jones Lettings in Market Deeping made bankrupt without a warning to their clients or time for them to act. Continue reading Choosing the wrong letting agent could cost YOU thousands!


Property Investment in Peterborough – Free ebook Latest Articles, Property Investment News, Property Market News, Property News, Property Sales & Sourcing, Property Sourcing

Free ebook - property investment opportunities in PeterboroughBuy to let investors in Peterborough can see between 8 to 10% pre tax returns on capital employed for standard housing and over 14% for HMO multilets.

Peterborough is part of the London, Stansted and Cambridge growth corridor which is needed to accommodate the growth of London. According to the initial Assessment of Growth Potential in London by the Greater London Authority in 2004, this corridor will accommodate 20% of London’s population and housing growth potential. Continue reading Property Investment in Peterborough – Free ebook


Renting by the room – a FREE guide to maximising profits Landlord News, Latest Articles, Property News

Renting By The RoomA new ebook has been released by Spare Room and is available to download as a PDF via Property118 free of charge. It’s called “Renting by the Room – A Guide to Maximising Rental Profits”.

The media has a fascination with house prices, and together with Property Investment gurus and Estate Agents, spend a lot of time talking about the money to be made from investing in property. However, they rarely mention the single biggest factor in maximizing your return on investment – renting property by the room.

Why?

The truth is that renting by the room can bring in two or even three times the income of the same property let as a single unit. So why does it feature so rarely on property programmes or investment research reports?

Perhaps there’s a belief that this type of letting is too complex for amateur landlords to handle? Maybe they want to keep the juiciest returns for themselves? Either way, it’s high time someone challenged the status quo, and revealed why savvy property investors and landlords are getting into renting by the room.

SpareRoom’s Guide to Renting by the Room reveals:

  • The Origins of Generation Rent
  • The Growth of Flatsharing
  • The Benefits of Renting by the Room
  • Where the Demand for Shared Housing is strongest, around the UK
  • … as well as a Case Study of a Property Expert who only rents to sharers, and a Special Offer to get discounted advertising on SpareRoom.co.uk

To download your free copy, simply enter your name and email address below.

Download the FREE Guide to Renting by the room


Are you owed money for rent arrears or damages? Buy to Let News, Landlord News, Latest Articles, Property Investment News, Property Investment Strategies, Property News

Are you owned money for rent arrears or damages?I don’t think landlords should allow tenants to get away with not paying rent or making good any damages, do you?

Well the good news is that the “no win no fee” Debt Collection for Landlords service I wrote about last week is now up and running.

You can download the claim form and full details of the scheme simply by completing the short form at the bottom of this article. Continue reading Are you owed money for rent arrears or damages?


Free ebook – investing in Cambridge Landlord News, Latest Articles, Lettings & Management, Property Market News, Property News, Property Sales & Sourcing, Property Sourcing

Free ebook - Investing in CambridgeBuy to let investors in Cambridge can see between 12 to 15% pre tax income on capital employed.

Cambridge – an expensive, highly sought after area and a market place often not understood by investors. There are six key housing drivers in the Cambridge market – a) 28,000 students b) 8,000 involved in work with Addenbrooks Hospital quarter c) over 5,000 above average pay working in the IT and Science Park area d) thousands living in Cambridge enjoying the theatre and arts lifestyle with an easy commute to London plus e) the normal employed market and f) the normal unemployed market.

In many parts of the city there is high demand for quality multi let rooms with en-suites showers and shared kitchens. Professional investors converting residential property, former office buildings or guest houses or pubs can expect to see pre tax income of 12% or more on capital employed.

An ebook explaining in detail why Cambridge is an excellent place to invest is being made available to Property118 readers free of charge by Belvoir Lettings who are are experts in this field and assist investors with selection, preparation and management.


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