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Property Professional’s Market Comment
Being invited to a corporate event is always interesting as you know there will be a room full of people you've not seen for years, some you've never met or some you meet all the time and last week we were at York Races courtesy of Big Property Sale. When everyone in...
Buy to Let Property – Should I still Invest?
Mildly interesting article in The Telegraph this week. It is not new news for this blog and something we have commented on recently but as always other people’s opinions are interesting. I’m a buy-to-let landlord; should I still invest? The consequences of Brexit...
Week 1: Buy to Let Property Post BREXIT
One week is undoubtedly not an example of the future but we started this week with some caution as to how the UK property market would respond to the BREXIT vote. Whilst we didn’t foresee any immediate changes we were a little concerned by buyers confidence. However,...
BREXIT and the Buy to Let Property Market
BREXIT Like it Or Not We Are Out The nation has voted and the decision has been taken to leave the EU. Everyone has turned into a keyboard politician and there has been some unpleasant finger pointing and accusations already. Let us be honest and mature about this and...
A Working Week in the Glamorous & Gritty North
Monday: Short trip into Leeds city centre to inspect an apartment one of our buy to let investors has agreed to buy. Happy to report it was in great condition and the tenant is not just looking after the place but there is genuine scope for rental increase and...
BREXIT – Property World Holds its Breath
Buy to let property has its predictable seasonal changes in activity almost every year, with summer holidays and Christmas naturally effecting people's focus. The larger house builders generally have their financial year end in June and therefore their half year at...
Rents Rise as Supply of Rental Properties Falls (allegedly)
Subjective, debatable but interesting article from Landlord Today. As follows: Tenants are facing higher rents as the supply of rental properties continues to fall due to George Osborne’s hefty, punitive tax changes, new figures suggest. The Association of Residential...
Overseas Investor BREXIT Concerns
Interesting email today from the company we deal with in Hong Kong which in hindsight supports a similar email we received last week from the company we deal with in Dubai. There is uncertainty and caution from many overseas investors about the impending Europe vote....
Property Sales Dive on Stamp Duty Changes (says HMRC)
The number of UK properties sold fell by 45% between March and April, HM Revenue and Customs (HMRC) figures show, as changes to stamp duty began. In total 94,370 properties changed hands in April, down from the record high of 164,400 transactions in March. HMRC said...
New Apartments ‘Hidden’ Service Charges
'Hidden' service charges on the rise, says insurer (reported the BBC in March 2016) Service charges faced by buyers of newly-built properties are a "hidden cost" reaching an average of £2,777, a survey suggests. It said buyers of apartments coming onto the market this...
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