Tag Archives: LHA

Is Decorex Losing Its Voice? Latest Articles, Property Development

Decorex has always been considered the best of the Design Shows. They have a reputation for finding and steering new talent forward, it’s innovative, cutting edge and full of great ideas- they are the Milan catwalk of the Interiors world.

Or are they now? Is there just a bit, well a lot, of the  “Emperor’s New Clothes” about them.

I didn’t go this year, but I have visited this exhibition in the past. I was desperate to find out what was new, what was hot, who to look out for. So, I did what any socially media aware person does and took to Twitter. Using the hashtag #decorex and following links back- Continue reading Is Decorex Losing Its Voice?


Keep it Simple – Take Your First Steps in Property by Recycling Your Deposit Latest Articles

At Your Property Network we are often approached by first time property investors who are confused about the best way to set about building a small to medium sized property portfolio. Many have a reasonable amount of capital behind them and can see the very real attractions of long-term investment for capital growth and pension replacement, or a mixed strategy for cash flow in the short to medium term.

Starting out, these potential investors have done whatever any sensible individual would do and have sought to educate themselves about all the available investment strategies. Spending a considerable sum on expensive property courses, and we’re talking thousands, can work out for the driven, financially creative, risk happy punter. However many a first time investor would like to take cautious first steps into what is, without question, the daunting world of property investment. Bombarded with talk of lease options, aggressively marketing for BMV property or hunting down those elusive “motivated sellers” many landlords forget how theoretically straightforward buy-to-let portfolio building can be.

Simply recycle your deposit

This simple, inarguably effective, time proven strategy has been employed by tens of thousands of investors to build cash flow positive portfolios with a view to long-term capital growth and positive short-term cash flow with modest initial capital investment.

At a recent networking event I was having a discussion with a first time attendee who was expressing his frustration at being unsure which guru’s model to follow or which complicated strategy to employ.

Even before I could answer myself one of the most experienced investors in the room lent over and said, “Just recycle your deposit!”

A deceptively simple process, buying, refurbishing, letting and refinancing after six months should be the bread and butter for every serious buy to let investor. Its sounds so simple, but as a strategy it is often ignored, or even worse implemented badly.

The moment you find a potential deal, a clear, defined and tested process should kick in.

  1. Research the area – LHA rates, local employment statistics and recent sold prices should be as high on your list of required information as purchase price
  2. Do your sums – With a target yield in mind work out what you are prepared to pay to get the required return, baring in mind that you need to allow for refurbishment. Check with a surveyor for a post work valuation estimate. If the property doesn’t stack up don’t waste time on trying to work round it, move on to the next deal.
  3. Don’t skimp on the refurb – better finish, better tenants, but make sure every pound you spend translates to built in equity. Aim for 20% built in.
  4. Let – are you prepared to manage your property yourself to maximise your return? Or put it in the hands of professionals for less hassle?
  5. Re-mortgage after six months, leave as little of your own money in the property as possible, get your deposit back and repeat!

Recycling your deposit is a simple process that is so often over looked in the world of property which has become increasingly filled with smoke and mirrors.

Simple does not, however, equate to easy, but implemented effectively, traditional buy to let methods can still realise a more than respectable return from a portfolio built over time with relatively modest initial capital.

At Your Property Network magazine we pride ourselves on sharing the experience of other investors devoid of the myth and mystery of the property game. We run the numbers on real investments to show how successful landlords are creating substantial cash flow positive portfolios to secure their long-term financial future.

Find out more about Your Property Network or Subscribe now.


New eco homes open a view to the future? Latest Articles

Recycle sign with house in the centre

18 new eco-homes are to be completed by July in Kettering

The first few from a series of eco-friendly homes have been unveiled in Kettering after being commissioned by LHA-ASRA. The eight homes are the first of 18 being built on unused allotment land provided by the Kettering Borough Council to be completed.

The two and three bedroom houses meet Level Five of the Government’s Code for Sustainable Homes due to the many uses of eco-technology from photovoltaic solar panels to simple good insulation. Continue reading New eco homes open a view to the future?


Landlords forced out of housing benefit market Buy to Let News, Latest Articles

NLA logo colourAs MPs debated the Welfare Reform Bill at report stage on Monday, 13 June, a survey by the National Landlords Association (NLA) had already revealed that more than half of private residential landlords are planning to reduce the number of properties they let to tenants on housing benefits.

Around 450,000 homes are let to tenants on housing benefit but more than half (58%) of the landlords questioned said they would have to cut the number of properties they let to tenants paid housing benefits, with 90% planning to do so in the next 18 months and one third stating they would do so immediately. Continue reading Landlords forced out of housing benefit market


How to get your property portfolio off “death row” Cautionary Tales, Guest Articles, Latest Articles, Lettings & Management

Glen Ackroyd of National Property GroupWith interest rates at a historic low, guest article writer Glen Ackroyd from National Property Group explains the steps he’s taking to protect his buy to let property portfolio from inevitable interest rate rises and taking his portfolio off “death row”.

In September 2008 I was having what was supposed to be my dream holiday. Like many others, I had ridden the wave of the credit boom and had acquired a large property portfolio. At the height of my success I was staying in a private villa in an island in the Bahamas, fronting onto the harbour, with millionaires’ yachts and Hollywood film stars for neighbours. Surely, life just couldn’t get any better?

Continue reading How to get your property portfolio off “death row”


Spotlight on Robin Pilley, HMO investor – Part four of a four part story Guest Articles, HMO's & Student Lets, Latest Articles, Lettings & Management, Property Sales & Sourcing

Robin Pilley invests into HMO’s (Houses in multiple occupation) in the Haverhill area and regularly achieves up to 16% yields, he is also a Director of CXG Property Services, which is a Letting Agents and Property Sourcing Company.  As these yields are so good we’ve asked Robin to share his story in a four part series.  This is the fourth article in that series. Continue reading Spotlight on Robin Pilley, HMO investor – Part four of a four part story


My 1,000th post on my favourite Property Forum Cautionary Tales, Latest Articles, UK Property Forum for Buy to Let Landlords

The following is an extract from my 1,000th discussion on Property Tribes (my favourite property forum).

I asked the members 5 questions about their property investment strategies and then went on to answer the same questions myself, after reading what others do. Continue reading My 1,000th post on my favourite Property Forum


Property Forum and News website where UK landlords and letting agents share best practice