7 tips on how to invest in a buy-to-let property

1. Find more ways to borrow

You may find that it is going to be harder to borrow money in traditional ways these last few years, so when there is a commercial property deal you are keen to take advantage of, you may have to find more ways to borrow. Banks are likely to be less lenient with lending funds, but we predict that there will be more private financers, crowdfunding opportunities and other such methods of raising funds growing in popularity. Remember, even during tougher years, money doesn’t simply evaporate!

2. Embrace technology more

More buy to let property investors are running their entire portfolios from their smartphones, so if you don’t already, embrace technology more. The amount of apps to make your life easier is growing by the day, so take advantage of or investigate Rightmove, Zoopla, Property Property Property and much more are out there for your use. Don’t limit your portfolio or your advertising to just face-to-face or estate agents.

3. Don’t worry about Brexit

Don’t fear Brexit when it comes to investing. The UK economy is the fastest-growing in the world and will continue to grow. As the government are introducing new laws and regulations take advantage of the ones that benefit you now and later.

4. Serviced accommodation

The buy-to-let property market is changing, being shaken up and disrupted. One of the biggest recent changes is the advent of websites such as Airbnb and more investors looking to investigate providing serviced accommodation. Bridging the gap between living accommodation and hotel stays, serviced accommodation is a growing market take advantage of it!

5. Limited company

We are looking at a year of buy-to-let property tax changes. Clause 24 has began phasing through 2017, and will eventually require landlords to pay full tax to the basic rate (20%) on rental income. This controversial development will see landlords seeking ways to reduce the tax they pay – so many will consider becoming a LTD company. While this will not be the answer for everyone, this will be particularly appealing to landlords wishing to reinvest their profits, due to the cumulative build of the money saved in tax over time.

6. New developments

Another change suggested in the Housing White Paper 2017 is that there may be imposed density requirements for new properties being built. For this reason, think carefully about how to use space to your best advantage in new developments.

7. Educate yourself

Educate yourself more! If you haven’t already, join a buy-to-let property network, attend networking events and property meets, read, listen to podcasts and audiobooks, watch more videos. You cannot inform yourself “too much”, so take advantage of all the free material available. For those wishing to take their knowledge to the next level, whatever stage you have already reached, Progressive Property offers everything from day events, through to intensive courses, and up to direct mentoring.

 

#PROPERTYOFTHEDAY #51: 2-bedroom bungalow – Tingley, Leeds

Gallery

This gallery contains 19 photos.

On propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal. Today we are highlighting Oneone Property in Leeds and their lovely 2-bedroom bungalow property … Continue reading

#PROPERTYOFTHEDAY #49: 5-bedroom detached house – Golders Green, London

Gallery

This gallery contains 6 photos.

On propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal. Today we are highlighting Conquest Property Company in London and their lovely 5-bedroom detached … Continue reading

#PROPERTYOFTHEDAY #33: 3 Bedroom Apartment – GLENDORE HOUSE, CLARIDGE STREET W1

Gallery

This gallery contains 8 photos.

On propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal. Today we are highlighting Plaza Estates in London and their lovely 3-bedroom apartment property … Continue reading

#PROPERTYOFTHEDAY #32: 6 Bedroom Detached House – Cranbourne Gardens, London, Greater London

Gallery

This gallery contains 8 photos.

On propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal. Today we are highlighting Conquest Property Company in London and their lovely 6-bedroom detached … Continue reading

#PROPERTYOFTHEDAY #31: 5 Bedroom Semi-Detached House – Montpelier Square, London, SW7

Gallery

This gallery contains 5 photos.

On propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal. Today we are highlighting Harrods Estates in London and their lovely 5-bedroom semi-detached house … Continue reading

2018 Property hotspots for first-time buyers, from Surbiton to Sydenham and Gidea Park

With the recent elimination of stamp duty for property up to £300,000 is a valuable reduction in start-up costs for buyers already struggling to raise huge deposits.

With the continued growth in the number of house builders getting the Help to Buy London scheme, this allows first-time buyers to pick up a new flat with only a five per cent deposit.

These changes will not solve London’s housing crisis. The huge gap between wages and house prices remains. But for those who are in the lucky position of being able to buy in 2018, there are still pockets of cost-effective housing in the capital.

1. GIDEA PARK
According to Paul Money, branch manager of Beresford: It’s not too late to get in on the Crossrail action.

He believes the leafy Thirties suburb of Gidea Park, on the Essex borders, is a great place for first-time buyers.  You could pick up a three-bedroom semi for about £400,000, or a two-up two-down cottage for £325,000-£350,000. Two-bedroom flats cost between £280,000 and £320,000, and one-bedroom flats start from about £220,000 to £250,000.

Even though it may be affordable but Gidea Park will be too suburban for some. Its high street has suffered from proximity to the large shopping centers Westfield Stratford City, Lakeside, and Bluewater. While nightlife is limited to some good old-school pubs. On the other hand, it is pleasantly leafy, with a golf club and Raphael Park, and has a safe, affluent sort of vibe.

2. SYDENHAM
South-east London has been attracting many first-time buyers over the last five years, catapulting areas including Hither Green and Crystal Palace from anonymity to desirability.

Rory Cramer, head of the consultancy at Marsh & Parsons New Homes, believes the next area to surge will be Sydenham, where the average price of a flat currently stands at £366,000.

“It’s a true gem of an area and often overlooked,” he says. “With trains into London Bridge in 16 minutes, large green open spaces and independent coffee shops and restaurants, it’s no surprise that prices have increased 16 percent on the same time last year, making it a great investment opportunity.”

Expect to pay about £400,000 for a period conversion, or if you want a new build, Cramer recommends the Dylon Works development where you could use Help to Buy London to pick up a one-bedroom flat for about £379,000.

3. SURBITON
Surbiton may be in  Zone 5, but it is a ridiculously quick commute. Mainline services take from 19 minutes to reach Waterloo, which makes it faster to central London than living in most of Zone 2.

Property ranges from grand Victorian villas and conversion flats to Art Deco apartment buildings and 20th-century semis. Surbiton’s main shopping street is Victoria Road, which has a comprehensive if not the particularly exciting range of supermarkets, shops, and chain restaurants.

More exciting is Maple Road, where independent restaurants and cafes are opening up: this is becoming the go-to spot for buyers heading out of more central areas.

“The stylish Maple Road area is highly desirable for thirtysomething professional couples – a slightly younger demographic than Kingston, which is much more family orientated,” says Edward Gray, managing director of Cocoon estate and letting agents. “It has a range of high-end restaurants, eateries, bars and quality pubs, all within a short walk of the Thames towpath, including the very popular No97, a restaurant and gin bar.”

First-time buyers could get a flat in this popular area from about £450,000 or a Victorian terrace from about £600,000. For buyers on a tighter budget, a two-bedroom flat in a Sixties building would start at about £375,000.

Gray particularly tips Surbiton for future potential. If the proposed Crossrail 2 project goes ahead prices could soar – although buyers will need the patience to benefit since the line won’t be operational until the 2030s.

 

#PROPERTYOFTHEDAY #30: 6 Bedroom Detached House – Highfield Gardens, London, Greater London

Gallery

This gallery contains 8 photos.

On propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal. Today we are highlighting Conquest Property Company in London and their lovely 6-bedroom detached … Continue reading

German property investor buys UK fund manager Rockspring

Patrizia German property investors have purchased UK investor Rockspring in a deal that boosts Patrizia holdings across Europe to around €40bn (£35bn) and gives it an instant London presence.

Rockspring has been seeking a backer to ensure the future growth of the business in the middles of concerns of economic and political changes in the UK. Rockspring have invested in UK and European offices and retail properties since 1984. They will continue to trade as normal, but access to Patrizia’s client base will give it more scope to invest its existing funds across Europe.

“Earlier this year a number of factors combined to make us realise it was the right time to start considering our future and prepare Rockspring for the next phase of its growth.” said Robert Gilchrist, chief executive of Rockspring.

He said Brexit, an uncertain political environment and changing regulations, as well as a strong real estate investment market, had led the management team to its decision.

The company has recently committed to developing the next phase of its Cambridge Research Park, as well as securing a let to John Lewis at one of its warehouse sites. It has also invested in a number of European cities, including buying an office building in Amsterdam last month.

Patrizia meanwhile will be able to access new investors through Rockspring’s London office.

Wolfgang Egger, chief executive of Patrizia, said the deal would allow the firm to “strengthen its market position significantly in its core European markets”.

“This acquisition represents an important milestone for Patrizia in achieving our vision to become a global provider of European real estate assets for our clients,” he added.

There are signs that the slump is easing after prime London property going through a though year

The City of Westminster, Camden, and Kensington and Chelsea are capital’s three most expensive boroughs. According to a report from LSL Acadata published Monday, These three boroughs each saw sales jump by more than 20 percent in the third quarter.

This surge indicates that “momentum is returning” to prime central London after a year of tumbling property prices.

Acadata’s Peter Williams and John Tindale  said “Movement at the top end of the market helps to increase activity all the way down the housing chain,”

The report may also be a cause for optimism nationally. While November’s 0.9 percent annual gain in prices was the slowest since April 2012, and down from 6.3 percent a year ago, they increased from the previous month for the first time since March.The signs of improvement buck a trend of pessimistic reports on housing, particularly regarding London.

In the RICS survey, brokers flagged a range of reasons for the stagnation, including Brexit uncertainty, political instability and November’s interest-rate increase from the Bank of England.

Even in Acadata’s report, the picture isn’t entirely rosy. Prices in the Greater London area were down 3 percent from a year ago in October, with the City of Westminster leading losses with an 18.2 percent drop. London’s market also remains a drag on the UK.

The annual change in prices reported this month would have been 3.3 percent without the capital and the southeast.