Tag Archives: Property sourcing

Is landlord licensing a pointless exercise? Buy to Let News, Landlord News, Latest Articles, Property News, UK Property Forum for Buy to Let Landlords

Is landlord licencing a pointless exerciseIt’s time for me to share some controversial views on why I believe landlord licensing to be a pointless exercise I think.

Now don’t get me wrong, I hate the fact that a very small minority of bad landlords have earned our profession a bad reputation. However, it appears they might be a necessary evil too.

Allow me to explain. Continue reading Is landlord licensing a pointless exercise?

Property Refurbishment – A guide for newbies Buy to Let News, Landlord News, Latest Articles, Property Development, Property Investment Strategies, Property News, Property Sales & Sourcing, Property Sourcing

I spent most of yesterday with a lovely couple from Luton who emailed me asking for some guidance. After exchanging several emails we decided to meet and they came over to Norfolk. They have six buy to let properties at the moment, a decent liquidity fund and plenty of equity in properties. They wanted advice on how to get into property refurbishment.

The day started with a trip to my accountants in Norwich where we discussed the difference between property investment and property trading. It is important to have a very good idea of whether you intend to sell for a profit or to hold as an investment before you do any deal as investment and trade are taxed and financed very differently. Continue reading Property Refurbishment – A guide for newbies

Property Investment Strategies – Part One Financial Advice, Guest Columns, Property Investment News, Property Investment Strategies, Property Sales & Sourcing

It’s a fact that more millionaires attain their wealth through property than any other type of investment, so by that virtue it makes sense for at least some of your investment portfolio should be in property. However, you need to exercise caution, people can- and have- lost huge amounts of money in property when their investment strategy was wrong.

Before we look at how to build a balanced property portfolio with no risk, we need to look at what property investment strategies are available. Continue reading Property Investment Strategies – Part One

Sell your Property – On Facebook? Latest Articles, Property Sales & Sourcing, Property Sourcing

News Sourced by Property118

A new property platform has launched that allows property hunters to search for and sell their house while they’re on Facebook.

Property Place is the only “fully embedded on Facebook” property portal, and has over 500,000 properties listed for the millions of UK Facebook users to search. Continue reading Sell your Property – On Facebook?

The story of a Value Investor – Part 4 Guest Columns, Latest Articles, Property Sales & Sourcing

Late in 2008 I noticed that property prices had tumbled in Manchester city centre and a wave of bank repossessions had hit the market. I therefore made plans to return to the UK. Returning in early 2009 I hit the streets of Manchester running. Continue reading The story of a Value Investor – Part 4

“The story of a Value Investor” part 2 – The Property Maverick Guest Articles, Guest Columns, Property Investment Strategies, Property Sourcing

Another important factor I like to consider is the “Equity Return on Cash”. Ideally the smaller the deposit, the greater the Equity Return on Cash. Today 15% deposit is almost a thing of the past, 25% deposit is now the norm. Unless its apartment new build and then it’s a whopping 35% deposit. Let’s now look at a financial example for both schools of thought.
Continue reading “The story of a Value Investor” part 2 – The Property Maverick

£1,200 a month in rent from a £100,000 property! Latest Articles, Video Interviews

Award winning buy to let portfolio building specialist speaks about his landmark David & Goliath victory over his local council. Robin Pilley is the founder of CXG Property Services which specialises in high yield HMO (Houses in Multiple Occupation) and letting. His combined business letting agency and property sourcing business is one of a kind in his area of operation. Continue reading £1,200 a month in rent from a £100,000 property!

London’s calling corporate investors in to buy to let Latest Articles, Property Sales & Sourcing

Tower bridge and City Hall, London

"London could become a property investor battleground"

London buy to let landlords may soon have to fight toe-to-toe with institutional investors for prime residential property.

Soaring rents and a shift from owning a home to renting a home for younger adults is triggering fresh interest in residential investment from pension funds and property companies ready to pour millions into housing in the capital.

A key indicator is a rekindling of interest in letting homes from British Land. The firm stepped out of the residential market in 2006, just before the property bubble burst.

Decreasing investment risk by partnering-in building houses with developers and the government, as well as rising rents, is making many institutions look again at putting money into homes.

The residential investment market has reversed from get-rich-quick aspirations based on soaring house prices to a more long-term view based on stable yields. The strategy is buy to rent, not buy to sell.

The residential property business model outside the UK has always favoured corporate rather than personal investors.

Successive governments have tried to spark institutional investment interest with REIT trusts without much response, but the hope is now that a changing market is making residential property investment more attractive for big funds.

The target is residential property within the M25 – the motorway effectively places a ring of confidence around the capital that is encouraging investors.

House price surveys, rental returns and professional opinion from august bodies like the Royal Institution of Chartered Surveyors all indicate a widening gulf between the London property market and that of the rest of the UK.

London & Stamford extended the firm’s residential portfolio to around £150 million with the recent acquisition of more than 100 homes in Islington, North London, for £50 million. The deal is reckoned to return a yield of 5.3% climbing to around 10% over three years on a purchase that was 20% below market value.

Chairman Raymond Mould said: “We can see strong rental growth in the Central London residential market not only due to the constrained development of new build but also because first time buyers continue to be kept out of the market by the need for higher mortgage deposits than was historically the case.”

Backpack firm offers £10,000 fee to property sourcers Latest Articles, Property Investment News

House made from jigsaw pieces

Journeys are looking for more houses

Property investors who can source backpacking youth hostels for a franchise holiday firm can pick up a £10,000 finders fee.

Journeys specialises in budget accommodation for backpackers and runs six hostels in London, Brighton and Kent.

The firm wants to open more hostels across the UK and is seeking properties of 10 bedrooms or more in London, Edinburgh, Cardiff, Oxford, Cambridge, Bath, Manchester, Liverpool, Glasgow, Newquay and the Lake District. Continue reading Backpack firm offers £10,000 fee to property sourcers

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