No longer is flipping houses something that people do on the weekends for fun. Now, it’s a thriving business that people invest heavily in and can make a good living from. In the UK, between 2016 and 2017, the number of flipped homes rose by 1.6%. In 2018, there were […]
Some positive news at last is that it seems there’s light at the end of the property market tunnel. Yesterday news was announced that finally surveyors can start surveying, valuers will again be valuing homes and potential tenants and buyers will be able to view properties whilst those 450,000 already […]
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 […]
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 […]
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 […]
Knight Frank have provided details on why they think prime buyers are paying close attention to currency shifts. In times of crisis, we see safe haven currencies strengthen but it’s not just US dollar-denominated buyers that are seeing some significant discounts in global markets. With interest rates being slashed around […]
So this is how it feels to be on lockdown? We are on lockdown aren’t we? Amidst uncertainty over these last couple of weeks I actually feel the government guidelines have been quite clear. Stay at home when possible, don’t go out and don’t socialise and please try to minimise […]
Amidst fears of a global pandemic stock markets are crashing whilst house prices remain relatively stable for now.. This might change but as people are told to stay in their homes nothing beats bricks and mortar for security and with interest rates slashed to 0.25% perhaps NOW is the best […]
