Currently viewing the tag: "price"

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!

Continue reading »

RICS Warns Of Another Property Bubble If Property Prices Increase By More Than 5%

RICS Warns Of Another Property Bubble If Property Prices Increase By More Than 5%

RICS Want To Cap Property Price Increases 

RICS want the Bank of England’s Financial Policy Committee (FPC) to consider limiting annual house price inflation to just 5% in order to prevent another housing bubble.

According to research by the Royal Institute of Chartered Surveyors (RICS), excessive property price growth and high mortgage lending have left the banking sector vulnerable and specific policy on limiting property price growth is required to prevent another property price bubble.

RICS have suggested caps on elements such as:

  • Loan-To-Value (LTV) ratios
  • Loan-To-Income ratios
  • Mortgage durations
  • Ceiling limits on the amount banks are permitted to lend (should prices exceed a given limit)

RICS reckon that by sending such a clear and simple statement to the public, indicating that the Bank of England (BoE) will not tolerate property price rises over 5%, would help restrict excessive price expectations across the country, preventing property prices from over-inflation.

Continue reading »

Rightmove Doubles UK Property Values Forecast As Property Prices Increase Again

Rightmove Doubles UK Property Values Forecast As Property Prices Increase Again

UK property values increase for seventh month in a row

UK property values have reached a new five year high, according to property portal, Rightmove, who revised their forecast of UK residential property values, and now reckon that residential property prices will increase to double their previous property value forecast for 2013.

As Spotlight reported last week, residential property values have already increased by 0.3% to average £253,658 (GBP), and now Rightmove reckon property values will now climb by up to 4% this year instead of the 2% previously predicted. However, it wasn’t good news for the whole country as residential property prices in London remained unchanged, holding at a record average of £515,379 (GBP).

The economic incentives introduced by the Government and the Bank of England (BoE) to increase overall lending and credit supply has boosted the demand for residential property ownership from first time buyers.

Continue reading »

There really could not be a better time to invest in UK property, and London is a favourite spot for Buy To Let Landlords.

Property investors looking for Buy-To-Let investment opportunities may have the chance to bag a property bargain after average residential property asking price fell by more than £7,000 (GBP) last month. That’s the biggest fall in monetary terms for almost 4 years.

The average asking price for a residential property in England and Wales in November is now £232,144, down 3.1% compared with October, according to the latest survey by property website Rightmove.

The number of new property instructions on the market also fell back to levels last seen during the 2008 collapse of American investment bank Lehman Brothers, which sent the global economy into recession.

Even London could not buck the trend in dipping valuations as all regions in England and Wales were hit by monthly property price falls for the first time in over 3 years.

Although London is still the prime location for buy-to-let investors, as rental rates rose faster in the UK’s capital city than in any other UK region over the past 12 months.

Amid a flagging market, London’s annual increase in rental rates remains significantly higher than other parts of England and Wales.

Rental rates in London increased by 5.7% in October, compared to a 4.6% rise in the West Midlands, and a 4.4% rise in the South East.

Rental yields also rose in the capital, increasing to 5% last month from 4.9% in October 2010

However, the rate at which rental rates are rising has slowed, and the annual increase to 5.7% in October does represent a fall from 5.8% in the previous month. But rents have now risen for 9 months in a row and already stand at a new record high, while the average yield remained steady at 5.3%.

When these figures are combined, buy-to-let landlords with rental property in the UK’s capital city are very happy investors.

For the rest of the UK, the average property asking price in November 2011 fell by £7,528 compared with October 2011, the biggest monthly drop in financial terms since December 2007, although this is still 1.2% higher than November 2010

Tagged with:
 
Landlords are tightening their belts

Dont scrimp on rental property insurance

It seems that with the ongoing economic turmoil gripping the majority of the western world, everyone is still tightening their belts in order to save precious pennies, including UK landlords.

Landlords feeling the financial pinch have tried to cut as many of their costs and overheads as they can, in order to remain in profit and would argue that they are trying to be cost effective in their approach to their business.

A very laudable approach, but when it comes to protecting their rental asset and making a saving, are landlords guilty of cutting corners instead of costs?

When choosing insurance the driving factors that are really vital such as the level of protection they can enjoy, are often being ignored in favour of the policy’s overall price.

Buy to let landlords with property in the UK should consider a number of details as well as the overall cost when seeking insurance to protect their rental property assets.

Analysis by research company Defaqto, who looked at 87 out of the abundance of insurance policies currently available to UK landlords, revealed that among the important points to be considered by landlords are factors such as:

  • The length of time their landlords insurance policy will allow their rental property to remain unoccupied (void).
  • Loss of rent
  • Malicious damage by tenants?

Defaqto’s insight analyst for general insurance, Mike Powell, urged landlords to take note: “It is important for amateur landlords to consider specialist insurance for their property portfolio as there are a number of key risks that are specific to rental situations. In general, buy-to-let insurance provides cover over and above regular home insurance policies when it comes to rental situations, and it would be dangerous for someone to assume that their home insurance would provide adequate cover for their buy-to-let property.”

Legal 4 Landlords can help UK landlords find the right landlord insurance policy for them. Offering a wide variety of services for landlords and the lettings industry and being landlords themselves, they know how to help.

Tagged with:
 

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!