There was a huge surge in numbers of new prospective tenants looking for homes in January. Data gathered by ARLA Propertymark in their private rental sector report shows that the number of new prospective tenants rose by 27% in January. An average of 81 were registered per branch in January 2021 compared to 64 the […]
Top locations for high Buy to Let yields
Research from PaTMa has found that Parton and Distington in Cumbria are the best areas for rural yields in England. In these locations, investors can expect an annual return of 8.52% on initial investment. This area is located in the middle of Whitehaven and Workington. It is also within reach of Carlisle and the Lake […]
Busier December than usual for the housing market
According to NAEA Propertymark found that there was an average of 8 sales per branch. This is the highest number of sales per branch since 2006. Alongside this, there was an average of 348 prospective buyers registered per branch. This is the highest number since December 2016. This exceedingly busy December can be attributed to […]
Government appears determined for the housing market to remain open.
Scientific advisors have stated that the current lockdown measures do not go far enough to prevent the spread of a coronavirus. They should therefore be tightened. The latest guidance from the government is that renters, agents, buyers, sellers and landlords should be prepared for a closure of the market. They have stated that it may […]
We are facing the highest levels of housing demand since 2004
The number of individuals registering as prospective buyers with branches has risen by a third (33%) in September, up from 396 in August to 525 in September. This number almost matches the current record of 581 per branch in June 2004. Mark Heyward, chief of NEAE Propertymark argues that individuals always flood the market in […]
New to property investment? Here are our top tips
The current climate means that it is an opportune time for new investors to enter the property market. The stamp duty holiday means that there is an opportunity to minimise upfront costs. If you are thinking about entering the world of property investment here are some tips to get you started. Choose your niche Commercial […]
Government are encouraging 95% LTV mortgages
Boris Johnson has recently announced plans to introduce 95% LTV mortgages. This means individuals will only need a 5% deposit to purchase property. He also plans to introduce these mortgages without the need for stress testing. Mortgage stress testing involves banks checking whether an individual can still make their repayments at a rate higher than […]
Buy to Let Landlords are making investments longer term
In other words, Buy to Let landlords are now holding onto properties for longer than they did in the past. Independent Estate Agent ludlowthompson has found that over 29% of Buy to Let investment properties sold in 2018 had been owned for over 15 years. This figure has risen from 22% in the two years […]
What kind of investor are you?
Property investment has established itself as a greatly beneficial way to maintain financial security. Bricks and mortar is not a one-sided approach and what works for some people may not work for others. Andy Foote, Director at Sevencapital, argues that holding many forms of investment is often the best way to secure financial success. Providing […]
How to begin your property investment venture
If you are looking to get involved in the property sector this blog is for you. Bricks and mortar are becoming an ever more popular investment strategy. They can deliver strong year-round income in the form of rent. Before you get started in property investment it is important to weigh up the positives and negatives. […]