What is Serviced Accommodation? Investors can maximize their returns on their property by investing in serviced accommodation. In this case, you are investing in a property that is regularly serviced, providing an experience similar to that of a hotel. Typically, serviced accommodation properties are furnished to give their guests a sense of home away from home. The need for serviced...
Planning and considering carefully when it comes to investing in property is important. In order to accomplish this, you must develop a detailed plan of how to accomplish your goals. When it comes to advice, it is important to embrace an open mind and work with the right team. Choosing the right property involves many factors, all of which should be considered. It is important to know your market...
Even when times are good, investing in the property market is a tricky business. What’s going on right now in the property market is particularly interesting. Prices of properties, relative to people’s incomes, are close to the record highs that we s#aw before the financial crisis. But unlike back then, mortgages are far more affordable, at least according to data from the...
Every real estate investor talks about the ever-elusive and highly-coveted off-market deal. Let's take a look at some of the best ways to find these types of properties in this article. Real estate agents and brokers A real estate agent or broker usually has a buyers list as well as a sellers list. If shown that market conditions are favorable, these sellers may be prompted to sell....
In an effort to help more people get onto the property ladder, Boris Johnson announced an overhaul of the mortgage market to help Generation Rent become Generation Buy. Currently, house prices are soaring, mortgage lending restrictions are strict, and deposit requirements are high, making it extraordinarily difficult for a large number of people to afford their first home. As part of his...
In order to carry out home improvements on a leasehold property, you may require a licence to alter. The following information explains what a licence to alter is, when you will need one, and how you can obtain one. What is it? Essentially, a licence to alter is the permission to change or improve a leasehold property. When renovating, extending, or developing a leasehold property, you might need a...
Are you considering selling your home? It is possible to obtain a rough estimate of what your home may be worth online, however, the most accurate way to get a valuation is to contact a local estate agent. Let me explain how a property's value is calculated: The obvious - and perhaps most important - factors are as follows: LocationSizeLocal prices In addition, there are factors unique to your...
There is no industry that is immune to climate change, and it is a problem that each must adapt to. Property is one of the most prominent examples. A substantial proportion of the UK's carbon emissions is attributed to residential real estate, and this sector is increasingly subject to government regulations that will encourage a faster shift toward sustainability. A change in Energy Performance...
We are experiencing our strongest ever start to this season's home-selling market as the warm spring sunshine arrives in full force. This month, the average asking price of a home in Britain has risen to a new record high. As a result of the increasing demand for housing, prices continue to increase. At this time of year, Rightmove has never experienced such a huge gap between home-buyers and...
Landlord Today published an article this week. It cites statistics gathered by the National Residential Landlords Association, which show that the UK needs to build almost 230,000 new private rental homes per year to meet government housing targets. What are the factors behind this? Consider the following: By the middle of the decade, the government hopes to build 340,000 new homes in the...