Currently viewing the tag: "houses of multiple occupation"
New Right To Rent Immigration Legislation Now In Force

New Right To Rent Immigration Legislation Now In Force

New Immigration Legislation Dictates That Landlords Can Only
Let To Tenants Who Have The Right To Rent

As of today, 1st December 2014, new legislation has come into force in Birmingham, Walsall, Sandwell, Dudley and Wolverhampton. The requirement will come in to force in those areas dictating that all UK private rented sector landlords must only let properties to immigrants that have the right to rent property in the UK and the landlords of the West Midlands are the legislative guinea pigs.

The introduction of the Right To Rent law has particular importance to UK PRS landlords who house foreign nationals or operate Houses of Multiple Occupation (HMO’s or multi-let properties) and those landlords using Rent 2 Rent (R2R) strategies.

Under the Immigration Bill (2014) private rented sector landlords are responsible for checking the immigration status of all potential tenants, with fines of up to £3000 (GBP) for landlords who fail to conduct this procedure. Employers will also face “more substantial” fines for employing illegal immigrants.

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Rob Moore

Rob Moore

Get (Rob) Moore …

From Your Property Investments!

A couple of weeks ago, Rob Moore from Progressive Property surveyed a segment of their 126,000 property investment subscribers including the newest people to join their email list. Progressive asked property investors what were their biggest roadblocks to getting those first few CASHFLOWING buy-to-let properties into their portfolio.Property investors, just like you, say they’re struggling with:

  • Lack Of Finance
  • Sourcing Below Market Value Deals
  • Buying 5 Investment Properties In A Year
7 Property Investment Top Tips and The “No-Money-Left-In” Secret!

7 Property Investment Top Tips and The “No-Money-Left-In” Secret!

And those property investors who answered the progressive survey wanted more practical and useful resources and additional online training to help them smash through the negative roadblocks that were holding them back.

So with that in mind Progressive have launched the  The Buy Refurbish Remortgage BlueprintThe “No-Money-Left-In” Secret [PDF] and it is available for a limited time so grab your copy now! 

Below is a copy of the responses that the survey generated:

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HMO's And Options For Acquiring Property With Jim Haliburton

HMO’s And Options For Acquiring Property With Jim Haliburton

Free HMO Training With The HMO Daddy 

The HMO Daddy – Jim Haliburton, is recording a free webinar training session for you, packed with solid content with real ‘meat’ from his paid workshops – all for FREE!

If you haven’t registered your interest for Jim Haliburton’s online HMO Options training yet, then – Register Here!

Jim Haliburton is not known as the ‘HMO Daddy’ for nothing, as he has spent over two decades learning and perfecting his HMO property investment strategy to acquire a rental property portfolio of over 110+ houses (it’s not easy keeping track when you have that many.)

Jim then went on to write the best selling HMO property investment manual known as THE ‘HMO Bible’.

Many of the big property investing names that you may have heard of that are around today have learned some great information and skills from Jim as well.
So, let me ask you…

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Free Webinar Packed Full Of Useful Content

Free Webinar Packed Full Of Useful Content

Free Webinar Packed Full Of Useful Content 

The ‘HMO Daddy’ Jim Haliburton is recording a free training session
for property investors who want to get better yields and increased return on investment from their property investments.

You may remember Jim from the Channel 4 TV programme “Meet The Landlords” where he showed the TV cameras inside a couple of his HMO units and didn’t shy away from revealing the struggles that some landlords face on a daily basis.

Jim has always had a no nonsense approach and tells it like it is and he has agreed to provide a great deal of solid content with real ‘meat’ from his paid workshops – all for FREE!

You can register here now

In this free online training, Jim will provide insight for those people who want to get started in property investing, as well as providing great information for those people who are already investing and wanting to know how to get a better Return On Investment (ROI) and higher yields from their property portfolios.

Free HMO training with Jim Haliburton

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New Proposals Could Critically Damage The Private Rented Sector In Wales

New Proposals Could Critically Damage The Private Rented Sector In Wales

New Proposals Could Be Costly For
Landlords With Properties In Wales

There Residential Landlords Association (RLA) have released alarming news that will cause major concern for landlords who own rental properties in Wales

Cardiff city council released two new consultations before Easter 2014,

  • Considerable change in planning guidance
  • The extension of additional licensing to Plasnewydd

Rent controls appear to be quite a crucial political issue and with another general election looming the RLA feel that it is imperative that the facts are understood by landlords with rental properties in Wales.

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Insurance Statistics Prove Students Are The Best Tenants

Insurance Statistics Prove Students Are The Best Tenants

Insurance Statistics Prove Students Are The Best Tenants

A survey carried out by the National Landlords Association (NLA) in 2013 found that students are some of the best tenant types housed in the PRS as they are less likely to miss rent and student properties tend to offer better returns.

Now, fresh research by Total Landlord Insurance in 2014 also shows that students are the most reliable tenants in the private rented sector (PRS) as only 9.6% of insurance claims come from student properties, the second lowest of any tenant group, so there may be something to the claims after all, who would have thought?

The average insurance claim made by the landlord of a student property was £2,090.18 (GBP) in 2013, compared to £6,072.97 (GBP) for a typical residential property housing tenants claiming state benefits. 

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Renting Property Can Be More Profitable Than Buying!

Renting Property Can Be More Profitable Than Buying!

How Next Generation
Landlords Earn Living

It can be infuriating when you’re shown an investment strategy that is so simple, and obvious, that you can’t understand just how you missed it?

So now an easy to follow, step-by-step guide is being made available to property investors (and first-time buyers) just in time… even if the next generation of young landlords are already familiar with it, and using it to fantastic effect.

UK property prices are finally getting back to record highs, and the newspapers are again telling us how property investment and controlling bricks and mortar is a very reliable way of multiplying monthly income.

Forget ‘buying’ a starter-house with your families hard earned savings as a deposit, because there is a much easier way…

Rent A House And Make Up To £1,000 (GBP) A Month Income From It!

Whether that is a house advertised in a local newspaper or one that you have seen in the estate agent’s window… it doesn’t matter.

Right now the UK’s biggest property education company is explaining how to use this simple strategy to great effect:

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Surge In New Buy-To-Let Mortgage Products Confirms Rental Property Revolution

Surge In New Buy-To-Let Mortgage Products Confirms Rental Property Revolution

Surge In New Buy-To-Let Mortgage Products Confirms
Rental Property Revolution

A number of market leading lenders have introduced improved Buy-To-Let mortgage products to meet the growing demand for portfolio expansion by UK landlords.

The surge in the number of new mortgage products coming to market confirms that the UK buy-to-let industry is growing across the whole of the UK and there are even more BTL products still awaiting launch dates from lenders.

Paragon Mortgages has introduced a new Buy-To-Let mortgage product for single unit properties, Houses of Multiple Occupation (HMO’s) and multi-unit blocks; the rate is fixed at an initial 5.49% for a maximum Loan-To-Value (LTV) of 75% with a 2% product fee.

The Post Office, (and its financial services partner the Bank of Ireland) have also entered the Buy-To-Let mortgage market, launching a range of buy-to-let mortgages at 60% and 75% LTV – some of their BTL mortgage products don’t even have an arrangement fee and include free valuation.  

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Property Investment Case Studies – Peter Singh

Real Property Investment Success By Real People

Real Property Investment Success By Real People

I have been fortunate enough to interview many successful and high profile property investors for MyPropertyPowerTeam.co.uk and there is nothing more motivating than speaking to people who have achieved property investment success against all the odds.

Last week I spoke with Multi-Let Success Strategy founder – Peter Singh, who some of you may remember from the Super Conference at Wembley stadium in March 2013.

Peter bared his soul and shared his emotional property investment journey stood on a stage in front of over 1000 super conference attendees, and I can honestly tell you that it was both moving and inspirational.

From regularly gambling away every penny he had, to being unwittingly involved in a multi-Million pound VAT fraud, for which he had to stand trial, to controlling 11 houses of multiple occupation (HMO’s) or multi let properties, generating £7,000+ (GBP) per month cashflow, in a short space of time.

Peter knew that property investment would provide him with enough income to clear his debts and set him up for life and set about arranging his first property investment deal while he was in court during the day and working night shifts in a local factory to make ends meet. Everyone he talked to about his property vision thought he was mad, including his own legal team, family and friends.

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Peter Singh Will Share Multi-Let Success Strategies on 5th & 6th October

Peter Singh Will Share Multi-Let Success Strategies on 5th & 6th October

Peter Singh, one of the UK’s fast growing authorities on Multi-Let property management, is holding another of his unique two day seminars on the 5th & 6th October 2013, where he will share the essential requirements to build your own profitable Multi-Let property portfolio.

Multi-let properties are a particular type of rental property that has been split into individual dwelling units, also called Houses of Multiple Occupation or HMO’s.

The concept requires leasing a suitable single let property at a fixed monthly rental price, the property is then sub divided into individual rooms, complying with all the usual safety and legal regulations for a small cost.

The rooms of the multi let property are then let out individually to professional tenants. The profit is made after deducting the difference between the rent paid for the single let of the rental property and the rents paid by individual tenants.

Multi-Let rental properties produce excellent monthly cashflow for property investors and landlords who know how to effectively split suitable properties, without even having to be the owner of the property.

If you want to discover how Peter can help you control property and how a few simple changes to your existing property investment strategy could help to generate excellent monthly cashflow from your existing rental property portfolio, then sign up to attend this unique training event on 5th -6th October 2013.

If you could copy Peter’s strategy for producing an extra £1000 PER MONTH from property, what would that do for your rental property portfolio?

Multi-Let Success - 5th & 6th October - Book Now!

Multi-Let Success – 5th & 6th October – Book Now!

Peter will be sharing a wealth of profitable information for property investors and landlords, on this exclusive 2 day training event, including:

  • HMO/ Multi-let Intro to the Law
  • How to find your £1000 Goldmine area
  • Estate Agent insider’s knowledge
  • The FIVE tenant profiles to know
  • Maximum effect strategies for sourcing tenants and keeping them
  • Staging the property and the safety lessons
  • Systemised Business – maximum cashflow with minimum time
  • Where to get furniture at MASSIVE discounts
  • Power team – where to assemble your discounted tradesmen
  • Legal packs
  • All the templates, notices, tenant spread sheets and manuals

Read what other property investors had to say after attending Peter’s last training days on the 24th & 25th August here – https://www.facebook.com/MultiletSuccessStrategy/posts/203794419794859

or view their video testimonials below

 

Multi-Let Success Strategies with Peter Singh - 5th & 6th October

Multi-Let Success Strategies with Peter Singh – 5th & 6th October

There Will Never Be A Better Time To Invest In Property

MyPropertyPowerTeam.co.uk helps property investors and landlords build their own property power team to enable them to profit from property - Visit our main site now!