Investors and landlords have faced several challenges recently including: new rules making it harder to evict problem tenants the loss of buy-to-let tax relief on mortgage interest repayments and temporary lockdown due to COVID-19 …which has led them to reduce their property portfolios or put their growth plans on hold However, our research indicates that buy-to-let is here to stay with opportunities for investors willing to have a longer-term strategy over the coming five to ten years. This blog summarises why buy-to-let is here to stay and what the long-term strategy ideas you may need to consider. Why buy-to-let is here to stay? Demand for housing in London has exceeded supply for more than two decades, which has increased rental demand. Research from the “English Housing Survey”, indicated that the number of UK renters doubled in the past 20 years to over 20% of the population living in the Private […]
Overseas investors
How To Convert Your Property into a HMO
A house in multiple occupation, better known as HMO, is a property that is rented to three or more tenants, who aren’t part of the same household, that share amenities. The good news, HMO’s provide more people with affordable accommodation, while generating a rental income increase of four to five times your current return – compared to a single tenanted property. If you are considering converting your current property into an HMO, here’s what how to do it. Step 1: Location, location, location Before you consider converting your property to an HMO, check that it is in the right location. For example, a busy student area or close to good transport connections. Step 2: HMO Licensing A critical legal aspect of letting an HMO is getting the relevant licence. If you’re letting an HMO, it’s highly likely you’ll need some sort of licence to ensure that the property: is safe for […]
What is Bespoke about our Property Management Services?
As property investors ourselves, we understand the importance of property management as well as potential challenges. We started this business to combine our love of property, local knowledge and bespoke service to provide our clients with solid rental returns and peace of mind.That’s why our promise to you is that we look your property the way we look after our own.After all, we know what it feels like when your property is vacant, or when you let out the property to unruly tenants. We are aware of the maintenance issues, the risk management, the regulation changes and the increase in costs and expenses you face.That’s why we provide our clients with bespoke property management services to ensure we take care of your property to provide you with maximum rental return. Our Bespoke Property Management ServicesBecause we are as passionate about property as you, our bespoke service is designed to maximise […]
