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Found 19 results

  1. Renting now more expensive than buying in all areas of UK By Emma Simon 20th June 2018 10:04 am Average rental prices are now higher than average mortgage repayments in every region of the UK, according to research from Santander Mortgages. According to Santander the average rent in the UK now stands at £912 per household, compared to monthly mortgage repayments of £723 for the average first-time buyer. This equates to savings of £189 a month or £2,268 a year for the typical first-time buyer. Read the full story here: http
  2. Hello, I’m after some advise on my strategy. I have 2 options. I currently rent out one property and have done for 5 years. I am currently living in rented accommodation at the moment. What would be the best option without going into too much detail I have summarised the two options below: Option 1: > Continue renting out my rental property. > Continue living in rented accommodation. > Buy another investment rental property for around £100k (add money by renovating) and rent out. Option 2: > Continue renting out my rental property. > Buy
  3. I have been thinking of investing my money in Manchester but don't fancy the travel. My question to you all would be would have you ever purchased a buy to let (or anything) without physically seeing it? if Yes what did it take to make you feel easy doing it? If No, Why? Thanks!
  4. Hi everyone! Newbie investor here, currently working on our 1st and 2nd investment property. Going forward I'm looking to purchase future properties in a limited company and would appreciate any help on the steps required to set up a limited company and any advice and pitfalls to avoid during the process. Also wondering if anyone rents off their own limited companies and whether that makes things cheaper at all or whether it makes sense economically. Looking forward to getting stuck right in to the forum! Thanks in advance!
  5. Hi everyone my name is Jamie and thought I would introduce myself! I am a part of a new prop-tech startup from Bristol called Bunk. Bunk is the UK’s first end-to-end lettings ecosystem, connecting landlords with pre-verified tenants to make your entire journey effortless. From finding tenants, to signing contracts, collecting rent and reporting maintenance - Bunk handles it all. Through the benefits of digitisation, we automate the rental journey to provide a seamless, hassle-free experience for everyone. We provide the tools for everyone involved to manage
  6. Hi John here, I'm looking for a bit of advice regarding property in general to see if its something which would make financial sense. I've looked at it in the past however with lack of funds it hasn't been viable. Recently I have come into some inheritance due to a family member passing away and instead of spending it, I would like to invest it into something that will continue to grow. Little about me - 24 Years old, Salary 20-25k, Lump Sum £125k. What I'm Looking for - - Should I invest in a house or flat?, I unders
  7. Just wondering as a newbie to property investment, is letting a barn conversion a good choice and if so why? The main reason I am considering it is with my estimated numbers it is substantially cheaper than buy to let in a town or city. on the other hand the problem I see is that the demographic that rents property is not willing to live rurally due to commitments (work, school) in the towns and cities. Any more input is appreciated.
  8. Hi all, I was having a lively discussion with some fellow investors and wanted to hear what people on this forum think. Whether you're a seller or a landlord, how do you choose which agent to market your property? I've had 3 projects with 3 different agents and I can't say I've nailed down a system yet. First, I went with the cheapest, thinking it was good business sense. But of course, you get what you pay for, which I learned the hard way. Then I went for the agent who originally sold me the property - thinking they know the property and how much work I put in re
  9. Hi everyone, My name is Grace, I'm a TV Researcher at a company called Boundless Productions. We are making a new BBC One series about landlords and today's rental market and have filmed 3 episodes and have been commissioned to make another 2. I am hoping that people will be willing to chat to me about their experiences as landlords from when they first got involved in property up to the present day. The outline of the programme is as follows: We are looking for successful landlords with different stories and reasons to want to get to know their
  10. Hi We are considering purchasing a buy to let in Colchester or close proximity to Colchester e.g. West Bergholt. The location is based on a number of factors which include: house prices, rent levels, proximity to commuting into London as well as other employers and the student market within the town itself. It's also an area we know relatively well. I would welcome any thoughts on the current market, which locations fair best in terms of easy to let properties or general knowledge about being a Landlord in and around Colchester. thank you Lorraine
  11. Hi guys, any oracles out here that can share/direct me to stats showing: rental demand per room across the UK regions? Thank you
  12. Hi there, I'm a student currently in university who has become interested in property and the whole business behind property. being new to this industry there is much that I don't understand, so first, I was wondering if people would be willing to answer the questions I list without scoffing at my naivety. 1) when looking at buying a property to let do many investors take account of the time to pay off any loans through the profit from the rent rather than just the amount of rent they will receive? 2) If you wanted to get comprehensive data regarding a property you were interes
  13. Hi, I need some help. I would like to know how I can find out how long it takes for a house in my area to be rented. The reason I am asking is because I am looking to rent out the property myself and deal with the tenant. With regards to finding a tenant, if it doesn't take too long to find a tenant, I can possibly do it myself. Whereas if it will take several days and viewings to conduct, I'll get a estate agent to source the tenant but still conduct the referencing myself. Thank you. Pat
  14. So a new piece of legislation determines that tenants can make improvements to your property if it makes your property more energy efficient. Sounds like the stuff of fairytales really, but have any of your tenants actually requested to make such improvements at their own expense?? It's one thing to offer to slap on a new coat of magnolia, but quite another to propose replacing an old boiler! Still, it's definitely worth noting that from 2018 it becomes illegal to re-let a property that has an energy efficiency rating of less than E, and Landlords with existing tenants living in a propert
  15. A new Twitter trend is fast gaining pace as 'Generation Rent' expose their worst renting stories with the hashtag #ventyourrent See for yourself here. Time for shady Landlords to feel decidedly #awkward - not that there's any of those here of course
  16. Hi All I see there's a lot of ads (in North London) trying to persuade landlords to rent to councils through a nationwide scheme called Let 2 Barnet. Does anyone have any experience of this - and - experience of renting out through councils in general? Many thanks Pete
  17. Has anyone had any issues with the local council when operating a bed and breakfast property via airbnb? I have heard that it is ok so long as you don't have more than 3 separate family members but if you have say 2 rooms rented but have 2 guests who are only friends (not family) in each of the rented rooms... Then it falls foul of the new rules! I have also heard of landlords now refusing to rent a house to more than 2 students unless they are related due to this strange rule.. when in the past you could have 5 or 6 students sharing the rent with their own bedrooms. This is in the Be
  18. Hi all! I recently discovered this article that suggests buying a house now, whether it's residential or BTL, is a terrible idea. I would be interested to know what your thoughts. Matt https://www.linkedin.com/pulse/fallacy-home-ownership-siam-kidd?trk=prof-post
  19. I am looking for some advice please. I am struggling to sell my house at the moment so I have looked into selling or renting to a housing association, has anyone had any experience of this? If anyone has any advice or could share their experience this would be really appreciated.
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