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Property Investors Should choose Investment Properties Wisely

Property Investors Should choose Investment Properties Wisely

Property Investors Warned To Choose Potential
Property Purchases Wisely

Savvy property investors know that profit is made when buying property, not when it is sold, as equity can be locked in upon purchasing below market value, giving the property investor greater control of the purchase price by negotiating a deal with the seller, (vendor), rather than what the property eventually sells for on the open market.

Property investors are different from ordinary residential property buyers, as they are of the mindset that the property should meet all the financial requirements of a landlord first & foremost, rather than paying the high end retail price for a property just because it looks nice.

Many new and amateur property investors make the common mistake of falling in love with a property and begin to let their heart rule their head, becoming so emotionally involved that they lose control of their finances and let their emotions win, overspending massively and reducing any potential yield.

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Green Deal Is A Joke

Green Deal Is A Joke

Bad Business Practices, Long Term Debts, Unqualified assessors – Green Deal getting bad press

The Government heralded the launch of the “Green Deal” in January this year as a groundbreaking flagship initiative that would help struggling families cut energy bills, however, it appears that the general public are 99.9% against the idea.

The intention of the Government was to encourage millions of UK home owners to take out “Green Deal” loans in order to pay for money saving improvements to properties, such as; loft insulation, double glazing, boilers and other energy efficient measures with the aim of cutting a typical family’s energy costs by as much as £50 a month.

The loan would be repaid over an agreed timescale of up to 25 years, but the debt is attached to the property rather than the current owner, which means the debt could be passed on to any new buyer. As a result, property vendors could face demands from prospective buyers to clear any outstanding debt, which could also see them facing a charge or early repayment penalty of up to £6,000 (GBP).

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The World’s Most Expensive Residential Properties

The World’s Most Expensive Residential Properties

Residential properties come in all shapes and sizes, sometimes in the form of an astounding castle fit for a queen, or a billionaire mansion that can be the perfect little house in the country that every rich man loves.


No matter whom the owner of the residential properties are, if he or she has an unbelievable piece of property, you can be assured that there is a lot of money involved.


Inspired by this idea and to help every curious person out there, created a complete infographic with the theme “The World’s Most Expensive Residential Properties”.


This is a list of the most amazing residential properties on earth, the kind of real estate that people only see in the movies or if they are sightseeing in a different country.


When you consider that on average residential properties in England and Wales are worth almost £250,000 (GBP), the value of some of the world’s most impressive residential properties is just staggering.


Starting with the Buckingham Palace, which is worth £5 Billion (GBP), Windsor castle £166 Million (GBP) and ending in the humble Balmoral Castle £160 Million (GBP), Her Majesty the Queen is the owner of the most expensive property in the world and her total property wealth is estimated at a staggering £5.326 Billion (GBP).


Distinguished billionaires and millionaires own some of the most fabulous real estate in the world, like the Chelsea football club owner Roman Abramovich, who owns the 80,000 square foot, Villa Leopolda in France worth £460 Million (GBP).


The Yemeni businessman Mukesh Ambani, the richest man currently living in Asia is the current owner of Antilla house in India, 27 storeys tall with 400,000 square feet of floor space worth over £1.3 Billion (GBP).


The founder of Playboy magazine Hugh Hefner owns the world renowned playboy mansion in the USA, worth a mere £35 Million (GBP) complete with its own private zoo.


The infographic shows how much each of these properties are worth, how many rooms there are in each one, when were they built and also their amazing features like big pools, tennis courts, bowling alleys, gyms or even zoos.


This infographic even shows the major events that have occurred in each property’s unique history, like the fire that partially destroyed the Windsor Castle in 1992.


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Landlord Night mare as tenant causes malicious damage to property

Investing in specialist Landlord Insurance is vital for UK Landlords

Investing in a specialist landlord insurance policy is something all buy-to-let property owners should do, but it is the one vital area where people mistakenly try to curb their financial expenditure, it has been claimed.

The statement comes at a time when a recent Paragon Mortgages report revealed that during the last 3 months, UK BTL landlords have increased the size of their rental property portfolio’s by an average of 1.8 properties each.

Sim Sekhon, spokesman for Legal4Landlords explains: “Property investors put a lot of time and effort into finding the right properties for their Buy-To-Let property portfolio’s and need to ensure that they have the right insurance cover in place to adequately protect their property assets. If property investors choose the wrong insurance policy, it can have disastrous financial consequences as they discover that they are not covered for malicious damage. Standard buildings insurance cover will not protect landlords in the event of malicious damage to the property by tenants or any loss of rent if the tenants leave unexpectedly. Unfortunately landlords only discover that their insurance is completely inadequate after they try to claim, leaving them with damaged property and a huge bill to make it habitable again. A situation that many landlords simply cannot afford to be in. Landlords should always read the small print and make sure they are comprehensively covered by a specialist landlord insurance policy”.

Regular home insurance will not cover a residential property unless the owner actually resides at the property.

Many residential buildings insurance policies actually state in the small print that the policy will be deemed void if the property is used for rental purposes, so it is vital landlords get the correct level of insurance cover.

Landlord insurance provides a more comprehensive level of protection and it is important that all property investors who are landlords of buy-to-let properties invest wisely in it.

Laura Howard from explained how a good landlord’s insurance policy should include third-party liability in case of damage caused to the structure of a property by a tenant and includes covering the cost of re-housing tenants if a fire or flood makes the rental property uninhabitable.

Ms Howard also advised landlords to make sure the policy takes in to account any furniture provided by the property owner and provides liability cover in the event that a tenant or their visitor is injured at the property and claims against the landlord.

The Association of Residential Letting Agents (ARLA) advises landlords that failing to seek permission from or not informing their current mortgage provider that the property is to be rented out could also invalidate any subsequent claim.

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