Becoming a landlord can be extremely lucrative if done correctly and is an attractive option for many people both as a career option and as a way to make additional income on top of what they already earn. Despite the popularity there are a number of aspects that many first […]
Since the start of the Coronavirus pandemic many businesses, sectors and industries have been negatively impacted in ways that no one ever could have predicted, none more so that the property market, both residential and commercial, specifically the buy-to-let industry. However, with the UK lockdown, and rules regarding businesses and […]
After Barclays, Accord Mortgages and Skipton International cut rates and raised their lending ceilings, many landlords are looking to expand their portfolios, but where’s the best place in the UK to invest in at the moment? Mojo Mortgages analysed data from the UK Land Registry, Zoopla, On The Market and […]
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 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’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 […]
Coronavirus outbreak could cost the buy to let sector £14.9bn in three short months The latest research by Deposit Replacement Scheme, Ome, has found that the impact of the Coronavirus could cost buy to let landlords nearly £14.9bn should tenants be unable to pay rent during the three month support […]
