HMOs (house in multiple occupation or house of multiple occupancy) have long been a popular property investment strategy because of their high rental yields. But are they still a good investment for income? Why HMOs work You can still achieve enviable rental yields from HMOs because the demand...
As further restrictions are eased, more statistics are emerging on the effect of lockdown on the property market. Previous forecasts had tended to be pessimistic; however, the reality has proved to be not quite as gloomy. Revised estimates more optimistic In April, property website Zoopla predicted more than...
The Government has introduced new laws to come into effect by September that will essentially relax many current planning rules. For property investors, these new regulations will bring opportunities to redevelop properties, change their usage or demolish to replace with new homes. Adding stories to properties A significant...
In a bid to give the housing market a boost, the Chancellor announced a stamp duty cut in England and Northern Ireland. This means buyers will now only have to pay stamp duty on properties above £500,000. Previously, the stamp duty threshold was £125,000, so this...
You may not be familiar with purchase lease options, but for many property investors, they’re a lucrative investment strategy. What is a purchase lease option? As the name suggests, the option is the right to buy at a fixed price in a certain time period – but...
HMOs (Houses of Multiple Occupation) are always popular with property investors. But if you don’t have the upfront capital to invest, there is another way of taking advantage of HMOs. What is a Rent to Rent HMO? A Rent to Rent HMO is when you rent a HMO...
In the wake of enforced inactivity due to lockdown, many estate agents are looking at redundancy and job changes while there has been an increase in self-employed agents and more online activity. Research by recruitment agent Rayner Personnel, reveals two-thirds of UK estate agents are considering...
If you’re just starting out in property investment or perhaps looking to diversify, a property investment mentor can help guide you in the right direction. How does property investment mentoring work? A property investment mentor is someone with experience of the numerous types of property investment strategies....
While most of the property market came to a standstill during lockdown, many auction houses were still very much open for business. Property investors were able to pick up some bargains as many auctioneers decided to make the transition from auction room to internet. Properties sold via...
It was recently announced by the Financial Conduct Authority (FCA) and HM Treasury that borrowers can take advantage of an additional four months mortgage holiday. It’s a move that’s been welcomed by those who are struggling financially due to the impact of coronavirus. Originally, the scheme...