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 […]
Last week we saw the biggest crash on Wall Street since 2008 and this week we’ve seen Flybe fall into administration with many pointing towards a global epidemic and a virus that is fastly spreading through the continents as one of the major reasons for market turbulence (excuse the pun). […]
The UK is an internationally-renowned holiday destination, which also benefits from a significant domestic-tourism market. As a result, there is a huge demand for short-term holiday rentals and where there is huge demand there is the potential for significant profits, but does it make for a better investment than a […]
If somebody told you that you could buy a fully refurbished 3 bedroom house for less than £50,000 what would you say? My initial reaction when I heard about these opportunities was a mix of intrigue and disbelief. Having now been sourcing and selling these properties for several years, I […]
