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Found 11 results

  1. Hi, i'm a first time BTL investor. I would really appreciate views on whether this is a good investment. 1 bed flat £150k in Saxton Lane, Leeds LS9. It's off plan development to be completed Q3 2022. Rental yield 6.5%. I'm interested to know if Leeds as a whole is worth while and particularly this area of LS9 which is a 17 min walk to the station. Plan is to keep the property for 5 to 10 years. I've heard growth in Leeds is expected to be 3.2% p.a is this correct?
  2. Hello All, I was listening to one of the property podcasts the other day the episode released on Thursday 9th April 2020 TPP 369. At the end of the episode in hub extra Rob & Rob were talking about doing a personal audit on the information we consume. Now during time like we are facing now most of the stuff we can read can be very doom and gloom. Me personally I am quite a positive person and I am a big believer in what you listen to and read has an affect on your overall mood. The news is a big player in this and can really put a downer on your day, so I like to take everything with
  3. Hello All, I was listening to one of the property podcasts the other day the episode released on Thursday 9th April 2020 TPP 369. At the end of the episode in hub extra Rob & Rob were talking about doing a personal audit on the information we consume. Now during time like we are facing now most of the stuff we can read can be very doom and gloom. Me personally I am quite a positive person and I am a big believer in what you listen to and read has an affect on your overall mood. The news is a big player in this and can really put a downer on your day, so I like to take everything with
  4. Coronavirus with Crude Oil crash strikes in. All major indices are plummeting like in 2008, gold is picking up in value. UK Oil is almost rock bottom. UK goverment is trying to stimulate the economy, again! Should we be worried already? Is recession coming? Is 18-year cycle a MYTH? Major politics and public people are getting infected by the Coronavirus. What one of major politics will die due to Covid-19? Will this cause a panic? Will this whole uncertainty bring UK property market down in post-brexit era? Is there enough toilet paper for us in
  5. Hi, I am about to purchase my first property (First time buyer) in the location that is perfect for my needs, and due to many developments on going in the area including a new underground station, I expect the value of the property to increase over time. I have just received mortgage offer (2 year fixed rate) and the deal is nearly ready to be sealed, but with all this economic uncertainty, I am unsure if this is the right time to go ahead with the purchase. There are several factors for my hesitation: 1. Due to the market crash, my investments are in it's negatives for the fi
  6. I ask this question because multi family properties are valued differently from single family therefore I would assume the cycle for multi family is based on a raise in rents ,by the landlord, increasing the value and not a raise in the value or number of comparable properties being sold as it is in the single family market. Basically, I am just wondering what the cycle looks like and is based on for multi family property?
  7. Hello :) Im in a bit of a head-spin, so would really appreciate thoughts and advice. In May this year I had an offer accepted on a new-build 1 bed in Homerton East London. It was a long process of getting my mortgage offer, and its just come through this week (19 oct). I was abroad with my work since May and have just returned to London the same week as the mortgage offer came through. I was expecting to smooth sail straight into the final stages of completion/exchange but after a visit to the property yesterday (the first since it was fully completed) I left feeling very unsure. Backgrou
  8. Is there a way of finding out the property increase rate in a specific area (or even street) year on year, as opposed to the zoopla data, which jumps from 10 to 20 years? I'd be looking to use this in my justification of a low offer where no improvements have been made to a property since it was purchased. TIA
  9. HI All, Really going through a dilemma now, so would appreciate any advice. I've heard good things about this forum from friends, so decided to give this a go. We're currently in the process of buying a house in Maidenhead. To give some context first, the house is in a great location (close to centre, outstanding catchment etc.) and M'head is on the crossrail route with a town centre regeneration due in the next 3 years or so. So all in all, sounds good you'd think! However, Crossrail appreciation has already been baked into prices across the town so prices are quite st
  10. Hello, I want to start researching the UK's market but I'm not sure where to start or where I can find the necessary information. I'm looking for stuff like job growth, population growth, new construction and that's all I have come up with- if you have any suggestions about what else I should know - let me know please. Thank you in advance
  11. We have a flat in Brighton/Hove that has been on the market for sale for 14 weeks. It used to be our home, then it was a rental property, now it's been refurbished for sale and is currently empty. We wanted to sell as all our eggs are in one basket and we thought we could reinvest and purchase some smaller properties to establish a small BTL portfolio. We've had little to no interest (average of 2 views a week, no second viewings, no offers). The price has been reduced to below what it's been valued at (by various different agents) but it's not moving, despite what I hear about the market be
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