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PRS Rental Prices Keep Going Up

PRS Rental Prices Keep Going Up

PRS Rents Increase 2.5% In The Past Year

According to the Office for National Statistics (ONS) latest Index of Private Housing Rental Prices, tenants in the UK’s private rental sector (PRS) have seen rents increase by an average of 2.5% in the 12 months up to June 2015,.

Private rental prices increased across the whole of the British isles with rents increasing by:

  • 5% in England
  • 1% in Scotland
  • 8% in Wales

PRS rents increased across all English regions during the year with rental prices increasing by 3.8% in London, while the overall Consumer Price Index (CPI) inflation stood at 0% over the same period.

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Pension Freedom Fuels Increase In UK Property InvestmentPension Freedom Fuels Increase
In UK Property Investment

Since UK pensioners were granted full control of their retirement savings in April 2015, an estimated 60,000 (70%) pensioners have taken advantage of their ability to take some or all of their accumulated pension in a lump sum, with many opting to put their cash into property instead as an alternative to annuities, shares and bonds.

According to the latest Global Real Estate Outlook report published by property investment company IP Global, property remains a far more predictable and stable longer term option compared to alternative investments in the stock market.

In the UK, property prices in London and Manchester are leading the way, with prices in Greater London increasing by 12% in the last year alone.

New properties in Manchester may appear to be valued at less than half the average of London properties, however, residential property prices are expected to continue rising to close this gap, with new projections putting Manchester’s property price growth at a staggering 26.4% by 2019.

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Liberal Democrats Announce Help To Rent Scheme

Liberal Democrats Announce Help To Rent Scheme

Help To Rent Scheme To Support Young Workers 

Liberal Democrat leader Nick Clegg has announced plans for a new ‘Help to Rent’ scheme should his party get elected to power in May. The scheme is intended to support young workers who want to move out of their parents homes and rent their first property in the private rental sector (PRS).

According to some of the latest research it is thought that around two million young working adults still live with their parents because they cannot afford to move into a property of their own, either purchased or rented.

The proposals for the Help To Rent scheme will include a government loan of up to £2,000 (GBP) in London, and £1500 (GBP) in other UK regions to cover the cost of tenancy deposits, with loan repayments staged over 12 or 24 months.

To be eligible for the proposed Help To Rent scheme and secure a loan for a deposit, tenants would need to be in paid employment, aged between 18 to 30 and not be property owners or seeking a tenancy in social housing provided by local authorities. 

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Fraud Warning Over London Short Let Flats

Fraud Warning Over London Short Let Flats

Landlord Discovers Bogus Company

London Short Let Flats
Trading From His Home Address

A warning has gone out to tenant and landlord consumers to beware of a fraudulent company trading as London Short Let Flats which is displaying a number of industry logos, including TPO and the National Approved Letting Scheme (NALS).

The National Approved Letting Scheme (NALS) has posted a warning to consumers on its own website telling them to exercise extreme caution when dealing with the following websites:

NALS Chief Executive, Isobel Thomson told Property Industry Eye: “We reported the original site to Action Fraud and also to Trading Standards and have advised anyone contacting us about the site to also report their concerns to Action Fraud. We also wrote to the registered office address of Londonshortflats and sent it recorded delivery but the letter was refused.”

A spokesperson for the Tenancy Deposit Service also confirmed that the fraudulent website is using the TDS logo without consent or even being registered.

The fraudulent company only came to light after landlord, Martin McGrath, posted on the popular landlord forum, Property Tribes, to say that he had received a letter from TDS at his home address, informing him that London Short Let Flats was using the logo when not entitled.

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UK Property Market Predictions For 2015

UK Property Market Predictions For 2015

What Will Happen To
The UK Property Market In 2015?

Happy New Year to all our readers, and welcome to the usual confusion over what the year ahead will bring for the UK property market.

Property prices are still predicted to rise in 2015, albeit at a much slower pace than in 2014, with economists and property experts providing forecasts ranging from 3% to 5% property price growth.

However, there are a few events that might affect the UK property market in 2015, namely the general election that will be held in May and the growing probability of Bank of England (BoE) raising the base interest rate.

Regarding the general election, it all could depend which party wins or what coalition combination is named to form the Government, after Labour recently confirmed that they would introduce a mansion tax if they come to power. Meaning that the changes to Stamp Duty that were announced in the 2014 Autumn budget would be negated if Labour win.

Less clear is what will happen with Bank of England interest rates. It had been predicted that a small rise, either by a quarter to half of a percent, was going to be introduced before the end of 2014, but that didn’t happen. Then it was going to be early 2015 but that is now also looking very unlikely.

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Simon Zutshi's Property Mastermind Accelerator workshop

Simon Zutshi’s Property Mastermind Accelerator workshop

Property Mastermind Accelerator
Advanced Workshop

Property investors have the opportunity to take their property investment knowledge to the next level

We are offering property investors the chance to get on Simon Zutshi’s dynamic 3 day residential Property Mastermind Accelerator workshop, which is normally the first part of the Property Investors Network (PIN) year long Property Mastermind Programme, which has been successfully running since April 2007.

The Property Mastermind Accelerator workshop combines Simon Zutshi’s 17 years property investment experience with some of the very best content from the 12 month Property Mastermind Programme, where property investors can learn:MMA-package-300x246

  • A full explanation of the Investing Strategy Flowchart and all associated strategies including HMO’s, Options and quick Cash generating strategies.
  • Complete tool kit to monetise every motivated seller lead including leads which most people would consider junk leads.
  • In depth step by step details on the 3 most successful lead generation strategies and how you can implement them.
  • How to get other investors to give you their surplus motivated seller leads for free.
  • How to systemise your lead generation process to save you time and ensure you never miss a motivated seller call
  • The knowledge and experience of exactly what to say to motivated sellers so that you can find the best ethical, win win solution to their problems.
  • How to convert more leads to deals and increase your success rate by 200%
  • How you can gain cash flow and equity growth from property you don’t own using options, without the need for mortgages or large deposits.
  • How to find perfect joint venture partners which means that you can do more deals that you would on your own.
  • How to maximise the cash flow from your properties with multi let strategies
  • How to profit from property even when purchased at full market value.

This is a summary of what Simon Zutshi’s Property Mastermind Accelerator is all about:

  • Learn How to become a professional investor
  • The very best bits from the Property Mastermind Programme
  • Full explanation of the Investing Strategy Flow Chart
  • How to attract motivated sellers to you
  • How to get other people to bring motivated sellers to you
  • How to put your lead generation on auto pilot
  • How to find and ethically deal with motivated sellers
  • How to monetise EVERY single motivated seller lead
  • How to maximize the cash flow from your properties
  • How to finance your deals

By investing in your own property education you are making an investment to change your life.

Investing in your self is the best investment you will ever make.

Simon has put together an incredible 3 day seminar which will give you all the tools to become a professional property investor which means you can earn your living from property investing without having to spend all of your time doing it.

The investment to attend this life changing event is just £2997 + VAT

Here is what you get for your investment:

  • 3 days intensive training in workshop format
  • 12 DVD set of the Mastermind Accelerator
  • Workbook with all the notes
  • Personal strategy outline
  • Clean step by step action plan of what you need to do
  • 2 night hotel accommodation
  • All meals and refreshments provided
  • Satisfaction Guaranteed

NO RISK -100% Money back Guarantee

As usual Simon Zutshi offers a full 100% money back guarantee with this intensive 3 day Property Mastermind Accelerator training programme.

If for any reason you are not delighted with the training at anytime up to lunchtime on the second day simply tell Simon, hand back the course materials and he will happily give you a full 100% refund.

Simon is so confident that the value you will receive will be far higher than the investment you are making in yourself.

Attend at No Cost

Having attended this training, if you decide to really Turbo Charge your results by joining the Property Mastermind Programme, then Simon will deduct your investment in this 3 day workshop off the full price of Property Mastermind Programme so that in effect you will have had the Mastermind Accelerator workshop for Free!

Your Next Step

Simon runs this event four times a year. The next dates are shown below. So decide which date you want attend and secure your place today!

5th-7th February 2015 – HEATHROW

19th-21st March 2015 – BIRMINGHAM

Below is a short testimonial for the Property Mastermind Accelerator workshop

Property Investment Quick StartProperty Investment Quick Start With Simon Zutshi

Would be property investors who want to get their investment career off to the best start in 2015 should consider joining Simon Zutshi’s Property Investment Quick Start Programme (PIQS) to help them achieve amazing results.

Simon Zutshi’s PIQS programme teaches new and seasoned property investors how to buy property using none of their own money!

As many property investors will testify, there has never been a better time to make money in the UK property market, if property investors know what they are doing!

One of the most profitable ways to invest in property is to purchase from motivated sellers, who are more than happy to sell you their property for less than the true market value.

This allows property investors to make instant equity profits from day one, as well as positive monthly cash flow as well as long-term capital growth.

There are still thousands of property owners who need and want to sell their property but they can’t because there are just aren’t enough buyers in the market.

First-time buyers don’t think they are able to buy even with the aid of the Government’s Help To Buy scheme, and amateur property investors are waiting until they are certain that the market has recovered and is on its up way again before they buy.

What this means for you is that there is a HUGE opportunity, as long as you know what you are doing, and start taking action now!

After just one day with Simon Zutshi, property investors will know exactly how to profit in the current property market whilst minimising the risks.

On the one day “Property Investing Quick Start” (PIQS) seminar, Simon Zutshi will share with property investors the benefit of his successful property investing experience, as he has been in property since 1995 and has already helped many thousands of investors personally since 2003.

Property investors will know exactly what to do and even have their own action plan to make sure that they really do get a quick start!

To discover more about Simon Zutshi’s Property Investment Quick Start Programme and find out what the four biggest property investment problems that stop investors from benefiting  are – CLICK HERE!

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National Housing Federation Reveals Most Unaffordable UK Areas To Rent Property

National Housing Federation Reveals Most Unaffordable UK Areas To Rent Property

National Housing Federation Reveals
Most Unaffordable UK Areas To Rent Property

Towns and cities such as Oxford and Brighton have overtaken many London borough’s as the most unaffordable places in the UK to rent, according to the National Housing Federation.

London boroughs may have the monopoly on the most expensive rents in the UK’s private rental sector (PRS), but when factored against average local earnings, UK towns and cities such as Oxford, Brighton and Bath are calculated to be more unaffordable than many London boroughs.

The most expensive area outside of London is the Three Rivers area in Hertfordshire, where the average PRS rent swallows up over 50% of the average income of residents in the area.

Other places such as Oxford, South Bucks and Brighton are now more unaffordable than London boroughs such as Greenwich and Lewisham, with renters spending over half their salary on rent before they’ve covered any other bills.

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UK Private Sector Rent Still Rising

UK Private Sector Rent Still Rising, Albeit Slowly

Private Sector Rents Rise By 1% Over Last 12 Months

New data published by the Office for National Statistics (ONS) suggest that private sector rents are rising below the level of average earnings for first time in many years, bringing some good news for tenants.

According to the ONS, in the 12 months to September 2014, private rental sector rental prices increased by:

  • 1% in England
  • 4% in Scotland
  • 2% in Wales

The ONS say that the UK’s underlying annual earnings growth increased by 1.2% in the year to August, up from 0.5% recorded in April 2014.

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Are Property Price Rises Slowing?

Are Property Price Rises Slowing?

Is The UK Property Market Just Experiencing
A Seasonal Slowdown Or Is It Something Worse?

There are a lot of reports in the media attempting to suggest that the UK property market is doomed to failure, with the latest House Price Indices (HPI) published by mortgage lenders suggesting that the UK property market is slowing, however there are fears that it might be in more serious trouble.

Halifax latest figures show that property prices in the three months prior to September 2014 were 2.7% higher than in the preceding quarter but there was an average 0.6% property price rise across the UK during September, resulting in an average property price of £187,188 (GBP).

Halifax say that this is the second successive decline in the quarterly rate and predict that the annual house price growth rate has already peaked at 10% and future growth will be at a considerably slower pace. 

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There Will Never Be A Better Time To Invest In Property

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