To the uninitiated, being a landlord might sound like a lucrative gig. Earning semi-passive income in rent sounds amazing, right? However, if you’re considering getting into the property market and being a landlord, there are a lot of expenses to consider. Mortgage and repair costs are a given, but what […]
The term ‘Generation Rent’ has long been used throughout both the rental and sales markets, developing many connotations over the years. Typically referring to young adults aged between 18-40, Generation Rent is used to describe those who have been priced out of the property market, which is becoming increasingly common. […]
With the pandemic causing a surge in demand for properties with gardens across the UK, data from experts at Paving Direct shows having a garden adds 25% more to the average letting price. According to the data, the most expensive gardens in the UK are in Bath where their backyards add over […]
After over a year of turmoil, July 19th 2021 marked ‘freedom day’ for the UK. Gone are the days of mandatory social distancing and face coverings, replaced by life after lockdown and a wealth of possibilities. While our newfound freedom signifies many things, there’s hopes that the full vaccine rollout […]
Most of us are probably going to start our property portfolio by buying vanilla buy to lets, and we are probably going to fund these using standard buy to let finance. A typical buy to let mortgage is probably going to be a 75% loan to value mortgage. The bank […]
A question I am sometimes asked is, ‘Peter, what is the ideal amount of loan to value to have spread across a portfolio, or even on individual properties, and how would you know what that figure is?’. Well, it’s an interesting question, and I have to say that in my […]
One of the big, big changes in property over the last 20 years is that it is now so easy to find finance for your properties. When I first started 20 years ago, buy to let mortgages had only just come in. Nobody quite knew what they were, or how […]
It’s smart to be safe A responsible landlord will want to help ensure the safety and security of their tenants. Even if your property is situated in a safe area, a home security system can provide peace of mind to a renter that their belongings are protected. This makes your […]
A question I am quite often asked is, ‘should I still be buying my properties using interest only mortgages or has that all changed now because of section 24 and the tax changes?’. Let me start by prefacing that with a quick comment. In the lending world the rules have […]
I have had a great question in from a reader asking about leafleting. Specifically, the question was, ‘Have you ever used leaflets, like the We Buy Houses Fast type leaflets, and if so what sort of success rate would you expect to have with your leaflets, and what sort of […]
