It can be tricky to understand the difference between leasehold and freehold properties but the knowledge is crucial for both owners and tenants. Leasehold means you own a property for a period of time. After this, ownership will revert back to the freeholder. With freehold you own the property outright and there are no time limits. Continue reading
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A property management service to suit every kind of letting
Lettings can take many different forms. Property owners could choose to let a whole property, an entire estate, a single room in their own home, or split up a house into a HMO. On top of this you have commercial lettings which can be similarly diverse. Continue reading
Significant success forecast for Bromley
Of the many aspects to be considered when looking at investment properties it’s important to keep in mind that you must look forwards rather than backwards when considering an area. Whilst the history of a location has an impact on present day prices, it’s the direction mapped out ahead for the region which will ultimately determine how successful capitalization of an investment will be. This, we appreciate, might seem to be a somewhat obvious comment to make in a broad or general sense, but it’s one which can be lost sight of when investigating specific areas. We work in a way that ensures this focus is never lost. Continue reading
Securing a guarantee on rental incomes
Each of the 32 London Boroughs is unique. From the location to the amenities and the culture, every one has something different to make it stand out. This can make it difficult to decide which area to choose when it comes to property investment. Additionally investors need to take into account the house prices, rental rates, and level of demand to ensure investing is feasible. Continue reading
Planning permission has been granted for the first phase of Thamesmead
The first stage of a £1.5 billion regeneration of Thamesmead was granted approval towards the end of October. Four planning applications were accepted by the Borough of Bexley meaning that work can begin on the creation of 1,500 new homes in the area. This will be the start of the work on the site that was acquired back in 2014. Continue reading
Examining house price rises in areas close to the M25
The M25 is a vital transport link graced by millions of vehicles every single year. The orbital motorway encompasses almost all of Greater London; the only part of the capital not inside it is the settlement of North Ockendon. It is the second longest road of its type in Europe, beaten only by the Berliner Ring in Berlin, Germany. Continue reading
Barking and Dagenham is attractive for investment properties
Rightmove’s figures for property price growth in the last 12 months show that London has endured a difficult period. Some areas have seen prices decline whereas others have enjoyed modest rises. Two areas are bucking the trend and showing double digit growth though. Havering came first with 12.3% with Barking and Dagenham close behind with 11.2%. Continue reading
The arrival of big businesses can boost property prices in an area
There are many factors that can influence property prices in an area and demand for homes. One of these is the arrival of big businesses. In many cases they create new jobs and encourage people to look for homes in the surrounding area. Even those that don’t create roles can have an impact because their existing employees may choose to move so they can live close to where they work. Continue reading
Lettings should be managed to the highest standard
The Borough of Waltham Forest is in a fantastic location in the north east of London. It is within great commutable distance from Canary Wharf and the City. With house prices in the area currently still considered affordable whilst rising at an impressive rate, the area has taken its place as one of the most attractive hotspots. Continue reading
Tower Hamlets could be home to the next trendy hotspot
Many investors spend a lot of time exploring the market to help them determine which areas offer the best potential. They look at current hotspots, up and coming areas that could become the next wave of them, and big developments and regeneration work that could indicate which locations may see growth. It is also wise to look at trendy areas, particularly after the lessons learned after the huge rewards investors in Shoreditch earned when it became a popular area. Continue reading