The property market appears to be at a standstill right now, but it is still very much moving, albeit at a snail’s pace. It’s unlikely that you’ll be able to finalise a sale until things return to some kind of normalcy, but you can still line everything up. Here are […]
A question I am sometimes asked is ‘what is Net Yield and how does that differ from Gross Yield?’. In an earlier post we thought about gross yield which is expressed mathematically as the rent divided by the purchase price, or the value, times 100. It provides a very basic […]
OK, when things are ‘normal’ and we are not under a lockdown… A question I am almost always asked by somebody who is just about to begin in property is ‘should I go to an auction to buy my first property?’ I guess that’s a natural question. We’ve all watched […]
A question I am sometimes asked is, ‘Is there more than one way to do buy to let?’. It all depends on how you define buy to let. If you define buy to let as buying a property and putting a tenant in then that could cover HMOs (Houses of […]
A question I am often asked is, ‘How do I build relationships with estate agents?’. Let’s start at the beginning. First of all, why would you want to build a relationship with an estate agent? The answer is that, if you follow a strategy like buy to let, probably 90-95% […]
A question I’m sometimes asked is what is, “gross yield and when would I use it?” In its simplest form gross yield is the return on the property. Now, often times that’s the return ignoring costs, and the most simple way of calculating gross yield is to take the annual […]
Property Secrets have acquired a new member, adding to our our team of writers and one you might know having written for Your Property Network amongst others in the past. Paul Hanafin has gone from busker to property millionaire from playing guitar on the streets of the North East where […]
COVID-19 is a global pandemic affecting developed and emerging economies around the world. Financially, it has had a drastic impact on economic systems and global supply chains. For example, the US stock market experienced decline at a scale greater than during the Wall Street Crash, and governments are eager to […]
While bedsits and roommate arrangements have always existed, a number of cultural shifts are increasing the number of HMOs. This includes the increase of Monday to Friday renters in London and other urban centres and college students moving from dorms to shared houses. As a property owner, HMOs can be […]
Instead of spending the next however many weeks sitting around climbing the walls, tradesperson comparison site, HaMuch.com, has highlighted eight DIY jobs that can be easily done around the house; saving you over £1,000 by tackling them yourself while also helping occupy the kids. Hinges – Saving: £30 Squeaky hinges […]
