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Active Or Passive Property Investment?

Active Or Passive Property Investment?

Active Or Passive Property Investment Methods

– Which Works Best For You?

There are many different approaches to property investment and a multitude of different methods and strategies that can be employed to generate profits from property, but which style of property investment methodology works best for you?

There isn’t enough room on this post to go into a great deal of detail about each and every different property investment method and strategy in use today, so we will just stick to a more broad descriptive about the advantages and disadvantages of active and passive property investment methods and we will focus on only the main points.

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Looking For A Buy To Let Mortgage?

Quarter Of Potential Property Investors Don’t Know How To Apply For Buy To Let Mortgages

New Research Discovers That Quarter Of Potential Property Investors Don’t Even Know How To Apply For Buy To Let Mortgages

New research by a specialist mortgage lender has discovered that an amazing 28% of would-be property investors don’t know how to apply for a buy to let mortgage in order to finance their property purchases.

The figures show that 1 in 4 potential property investors considering investing in property to boost their retirement income don’t know how to apply for a buy-to-let mortgage to get started on their property investment journey.

The research, conducted by specialist mortgage lender Kensington, also found that 54% of people approaching retirement age would consider investing in property using buy-to-let mortgages in order to help increase their income in retirement, but many didn’t know what they needed to do or what evidence to provide in order to apply for the correct type of mortgage.

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Landlords Say Paying Council Tax On Empty Properties Is Unfair

Landlords Say Paying Council Tax On Empty Properties Is Unfair

NLA Campaigns For Landlord Council Tax Exemptions

Currently, the liability of private rented sector landlords to pay council tax for their unoccupied rental properties varies from region to region across the UK. Some local councils do not allow exceptions from their normal rules and even if a rental property is unoccupied, the landlord must pay council tax.

This does not even begin to become fair in any way, shape or form as the rental properties are not financially draining council funds, nor are they a burden on any other council run services as bins are not being emptied and there should be no need for any of the emergency services to be called upon.

The National Landlords Association (NLA) have recently been contacting all UK local authorities to request council tax exemptions for private rental sector landlords whose rental properties become empty between tenancies.

The task is being carried out by the NLA’s 37 regional representatives who operate across the UK in order to campaign at a local level.

Many local authorities will soon to be drafting their budget proposals for the next financial year, and the NLA are keen to negotiate the much needed council tax exemptions for landlords now.

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HMRC Tax To Deter Foreign Investment In UK

HMRC Tax To Deter Foreign Investment In UK

Estate Agents Warn That New
HMRC Tax Announcement

Will Put Off Willing Overseas Property Buyers

 

The announcement made by HMRC about altering the Government position on taxation of using foreign capital as collateral for borrowings could have a significant impact on the residential market in UK cities, especially London, according one estate agent.

Cluttons’ Head of Residential Development, Julian Briant, reckons that the new rules over the use of foreign capital in order to be able to obtain a loan in the UK will now result in a taxable remittance, making mortgages less attractive for investors hoping to use money held abroad as security.

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UKAR Chief Executive Warns That Over 20,000 Customers Could Face Mortgage Arrears If Interest Rates Rise This YearUKAR Chief Executive Warns That Over 20,000 Customers Could Face Mortgage Arrears If Interest Rates Rise This Year

The chief executive of UK Asset Resolution (UKAR), who are winding down the loans of Northern Rock and Bradford & Bingley, affectionately known as “Britain’s Bad Banks”, has warned that thousands of its customers could be pushed back into arrears if there is a rise in Bank of England (BoE) interest rates.

UK Asset Resolution (UKAR), seventh-biggest mortgage lender said last week that they had repaid £6.2 Billion (GBP) to the UK Government in the 15 months to the end of March 2014, meaning it had so far paid back £10.4 Billion (GBP) of the £48.7 Billion (GBP) it owed.

However, if there is a rate rise it could potentially make it harder for taxpayers to get their money back after bailing out the bad banks.

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Moving Abroad? – Things To Know Before You Go

Moving Abroad? – Things To Know Before You Go

British Citizens Warned To Plan For

The Unexpected When Moving Abroad!

The Foreign and Commonwealth Office (FCO) has issued a checklist for British citizens planning to purchase property, retiring or moving abroad.

Buying property overseas can transform the lives of many property investors, but buyers are warned to take independent advice before completing any overseas property purchases and moving abroad.

FCO staff last year helped a number of British expatriates with a variety of issues, with many people facing heavy fines, financial ruin or finding themselves on the wrong side of the law because they were not fully prepared.

These cases involved issues such as property disputes, bankruptcy caused by changes in personal circumstances, pension complications and unexpected health issues.

A recent FCO report also suggests that high hospitalisation and death rates occur in areas where large numbers of elderly British nationals reside, notably in Europe and South East Asia.

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National Empty Homes Loan FundNational Empty Homes Loan Fund To Bring
Empty Properties Back In To Use

A new scheme has been launched to bring almost ¾ Million empty residential properties back into full time use in a bid to tackle the UK’s current housing shortage.

Over 710,000 residential properties are currently lying derelict and empty across the UK, because the owners have not been able to afford to renovate or refurbish them back to a habitable standard.

In a joint venture initiative between Government, 39 participating local authorities, the Empty Homes charity and the Ecology Building Society, the scheme aims to provide loans of up to £15,000 (GBP) to owners of empty residential properties to help bring them affordably back into use.

The fund was one of the demands of last year’s Great British Property Scandal campaign led by architect and broadcaster George Clarke.

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Landlords Risk Losing Insurance Claims

Landlords Risk Losing Insurance Claims

UK Buy to let landlords have been warned not to try and make false economies by attempting to make savings on their annual insurance premiums.

The warning has come from Michael Portman, managing director of tenancy referencing and insurance firm Let Risks. He says that in the current financial climate, landlords are trying to keep their premiums low to make savings.

The result, he says, is that there has been a large rise in the number of private rental sector (PRS) properties that are “significantly under-insured”.

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There Will Never Be A Better Time To Invest In Property

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