Location, Location Location! Does it really matter?
With the territory comes excellent house prices. If you have a property in a dream location by the sea or in a lovely suburb, your market value will rarely drop. It could look like a dungeon on the outside but if you place it in the centre of London, there will still be a high demand. The importance of a good location can not be overestimated. It can improve your chances of landing that ideal job, because it literally opens doors to greater opportunities
Sustainable House – Things to consider for long or short term renters
So, what makes a house sustainable you ask? Essentially, environmental sustainability refers to the ‘avoidance of the depletion of natural resources in order to maintain an ecological balance’, so saving on resources by making wise choices at home can make a world of difference.
Cleanliness Chaos – How will the new ‘Clean & Tidy’ Clause affect you
There’s nothing worse than seeing the massive task of cleaning a vacated house. The keys have been handed over by your last tenants and they have left it in a right state. Stains on the carpet, mould in the shower and marks on the walls are a landlords nightmare.
Trick or Treat? What to Look Out For on Your Next Move
Making a one-bedroom apartment valued at 80k looks like Buckingham Palace is not the right avenue. Instead, why not take a great picture with natural light that captures the essence of the property. Know your audience and don’t waste their time. The frustration when a potential lead books a day off work to view a property that does not meet expectations can be damaging for your business.
What’s gentrification got to do with it?
Gentrification is not a new concept, but areas like Shoreditch and Hackney have seen a wave of popularity, often promoted by celebrities, as the cool new trend. Actor Idris Elba for example was born in Hackney and has pushed for the regeneration of a typically impoverished area where crime has been statistically high, with a whopping 568% increase in value over 20 years. Sadly, that has forced those who can not stump up that price away from the area they have called home for years, staying loyal to an area that needed help.
Here’s why landlord’s should make the most of the student market
Renting to students is one of the best yields for you because they tend to rent the whole year which can give you reassurance and they’re always a reliable source of income. Students tend to start looking for properties to move in for the second and third year after January, so if you can market the right way then, you’ll stand a good chance of beating the competition to hand over the keys!
Bizarrely wonderful, Britain’s most unusual homes
There’s something brilliant about being unique. We all aspire to it in some sense, whether it’s dressing with the most expensive brands, posting a picture of a place you have been, or just showing off an extravagant hair cut. Properties are no different. You can travel to Spain and see ‘Pueblo Blanco’, with only white houses in sight. Brazilians paint their homes ‘favelas’ all sorts of colours to brighten up an impoverished neigbourhood.
Making Reasonable Adjustments
The Disability Discrimination Act forbids the discrimination of tenants as well as prospective tenants due to a disability. Any wheelchair-bound tenant may ask the landlord to make reasonable exceptions to policies, rules and practices that will provide them with an equal chance of enjoying the free hold rental home to the same extent that an able-bodied tenant would.
Helping hand for the property ladder with the government’s Help to Buy Scheme
The government has created the following Help to Buy schemes; including Help to Buy ISA for first-time buyers, Help to Buy: Shared Ownership, London Help to Buy and Help to Buy: Equity Loan to help those in need to assist with the first steps towards your investment. For every £200 a month saved, the government adds £50, up to a maximum of £3,000, boosting your ISA savings.
Cautious buyers/sellers – the house market’s New Normal
While less are buying properties ( 86,630 in July – a 12% decrease compared to last year), prices have steadily increased in value by the shortest margin, according to recent reports from one of the UK’s biggest lenders. The Halifax, part of Lloyds Banking Group, said that prices rose by 0.1% in June to August, compared with the previous three months. Brexit remains a curious subject and the public know little of the outcome, doubts will remain – even if the UK doesn’t. Will the property sector drastically change when Britain does leave the EU? Whether you’re a first time buyer, looking to swap homes or own multiple properties as a landlord, transactions will always take place. You just have to decide whether you can afford the mortgage payments consistently.