Buying investment property at auction can be an exhilarating experience. Whether you are an experienced investor or someone looking to venture into the real estate market, auctions can offer unique opportunities for finding deals and maximizing profits. Here are a few things to consider before diving into the auction process. Firstly, it’s crucial to do
The Nationwide building society said the recent drop represented a fall of £14,600 on a typical home in the UK since house prices peaked in August 2022. It said higher borrowing costs for buyers had led to a slowdown in activity in the housing market. Mortgage approvals are also about 20% below pre-Covid levels. Since
UK house prices dropped at their fastest annual pace for 14 years in July, according to Nationwide. The building society said prices had dropped by 3.8% - the biggest decline since July 2009. Nationwide said mortgage interest rates remained high, making affordability a challenge for house-buyers. Mortgage costs hit the highest level for 15 years
Rising rental yields signal a period of opportunity for property investors, according to new research. Research from property investment platform, Sourced Franchise, reveals that UK rental yields have seen a marginal increase in the past year. The latest data shows that the current average yield in the UK is 5.2%, marking a 0.4% increase since this time
Visionary Property Educators Shape the Future of Property Education at Highly Successful Summit The inaugural Property Educator Summit, held on Friday, 14th July 2023 at The Biltmore in Mayfair, London, exceeded all expectations, bringing together property educators from across the UK for a day of collaboration, learning, and networking. This exclusive event, limited to 40
Tenants are feeling the squeeze as new rents outside of London have hit a new record high of £1,231 – that’s 33% or £300 more than pre-pandemic 2019. Renters in London are now forking out £2,567 for a new tenancy with rents 28% or £559 higher than in 2019. Data from Rightmove also reveals that
According to Rightmove's latest House Price research data average new seller asking prices fell by £82 in June 2023 to £372,812. This is the first monthly drop in new asking prices this year, and the first at this time of year since 2017. On average over the previous ten years we have seen an increase
Having recently passed a significant ‘coming of age’ milestone (21 years of delivering the market leading Property Investor Show) we thought it an opportune time to reflect on our journey over the years and let you have a look at where we have come from as we gear up for our next event at ExCeL
The Bank of England has increased the Base Rate (BBR) to 5% last week. Earlier in the year, industry experts were unanimous in their predictions for just two Base Rate rises throughout 2023. However, recent activity and nervousness surrounding the money markets have meant today’s announcement will not come as a surprise, and is the thirteenth consecutive
It looks like although there is much interest in moving, with summer on its way and uncertainty around mortgage rates, the market has slowed down in June. This could mean some more bargains out there for keen eyed property investors. Rightmove found that demand appears to be holding up with the number of enquiries 6%
Following 3 successive years of price rises – and as predicted by several speakers at April’s Property Investor Show – high street lenders Halifax and Nationwide have reported that in the year to May house prices fell in the south of England, with all other areas - except Wales - recording slowing annual price growth.
As the ongoing lack of rental supply continues to drive up rents across England and Wales, a recent report from Paragon Bank reveals tenant demand has now hit an all-time high. What’s prompting landlords to increase their rents, and which regions show the strongest rental demand? A recent report from Paragon Bank reveals the current
Sustainable property development, also known as green development, is the concept of constructing, designing, and developing buildings and communities in a way that reduces their environmental impact and preserves natural resources. This approach goes beyond traditional development methods and focuses on creating long-term value for both the environment and the people living in these sustainable
Investing in property is a great way to generate long-term passive income, capital appreciation, and tax benefits. If you own investment property, you know that your investment is only as good as its value. The greater the value of your investment property, the more revenue it will generate, and the more profitable it will be.
Flipping properties is a term you have probably heard of but may not be entirely sure what it means. Essentially it is buying homes with the intention of fixing them up and reselling them for a profit. It has become a popular investment strategy over the years. It can be a lucrative business for those
Investing in International Property: A Beginner's Guide Investing in international property can be a lucrative venture that provides a steady stream of passive income and capital appreciation. However, buying property abroad comes with its own set of challenges and risks that must be carefully considered before making any investment decisions. In this article, we will
The lastes HPI results from Rightmove reveal postive outlook ahead for the Property Market. With average new seller asking prices remain flat this month rather than falling as some expected this could be seen as a positive indicator for the year ahead in the Property Market Increasing numbers of buyers are also returning, with the
The private rented sector - and the private landlord in particular - has been much maligned in recent years and is often perceived poorly. Politically and culturally, Britain is a pro homeownership society and this aspiration is cause for celebration. However, in the political discourse, the tenure debate is generally framed in terms of pitting
The buy-to-let revolution has been and gone. The years of reliable year-on-year house price increases have ended. Increased taxation and regulation have benefitted larger landlords at the expense of smaller investors, and it's now harder than ever to build a buy-to-let portfolio in the traditional way. But help is at hand. The current rising market
Could East Midlands be the new rental opportunity location in England? Recent data from the ONS suggests maybe with rental inflation rising in the East Midlands rose by 4.8% in October 2022. This seems to be a consistent trend in this area - Rental price inflation in the East Midlands has been consistently above 4%+
