Currently viewing the tag: "rental income"
What Does The Future Really Hold For PRS Landlords?

What Does The Future Really Hold For PRS Landlords?

Are PRS Landlords Any Better Off
After The Election?

UK private rental sector landlords may have breathed a sigh of relief after the general election results were announced last week, but is the future still rosy for the PRS?

Conservatives Vowed To Leave PRS Landlords AloneThe Conservatives may have been voted into Government by a small majority over the other political rivals, but will all the election promises be kept or is it more likely that we will see additional legislation concerning rent caps, longer tenancies and changes to tenant’s rights being introduced via other means?

The way I see it, the future under a Conservative Government will be no different from the experiences of the last 5 years.
The main targets will still be PRS landlord’s and letting agents and the victims will always be the tenants.

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Politicians Want PRS Control

Politicians Want PRS Control

Labour Announces Further PRS Controls

The Labour party leader, Ed Miliband, has announced his party’s plans to reform the private rented sector (PRS), with longer term tenancies and rent cap proposals, should they win the May general election.

Labour have been at the forefront of the PRS reform movement for some time, campaigning for longer term tenancies for tenants in the private sector and now the political party leaders want to introduce even more legislation that would effectively cap rental prices so they cannot be increased by more than the rate of inflation (CPI) during the proposed secure three-year tenancies.

The PRS control proposals were supposed to win the hearts and minds of the 9.1 Million households currently living in private rented sector properties, however even tenant campaign groups can see that these new proposals have more holes in them than an old Swiss cheese.

The introduction of new legislation that Labour are proposing would require landlords and letting agents to disclose the rental prices charged to any previous rented property occupants, allowing tenants to have the upper hand in negotiating the best possible rental price with landlords, before the start of a new tenancy.

Do TESCO provide customers with information concerning the actual purchase price that they pay for items before they sell them on at a huge profit, do they reveal operational profit margins – No they don’t!
Prices fluctuate as do operational costs, why should landlords be singled out for special measures when other business sectors are left alone?

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Buy To Let Investment Beating Pension Investments

Buy To Let Investment Beating Pension Investments

Buy To Let More Popular Than Traditional Pension Saving

There has been a lot of editorial commentary in the media focusing on the surge in UK Buy To Let property investment over recent weeks.

There are numerous reports that the total value of properties owned by 2.5 Million buy-to-let investors is fast approaching the total amassed in workers’ pension schemes built up over decades of employment.

The Telegraph reckons that a total of £1.25 Trillion (GBP) has been invested in buy to let property and this figure is still increasing compared to £1.6 Trillion (GBP) that has been invested in pensions.

Changes to pension legislation announced by Chancellor George Osborne in the Spring 2014 budget, could see more money taken out of pensions and put into the UK’s Buy To Let (BTL) market.

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HMRC Want Landlords To Get Tax Affairs In Order

HMRC Want Landlords To Get Tax Affairs In Order

HMRC Want Landlords To Get Tax Affairs In Order

UK property investors and private rental sector landlords are being offered tax training online by Her Majesties Revenue and Customs (HMRC), in order to make it easier for them to understand when and how to pay tax on property assets.

The computer-based training tutorials are aimed at property investors and private rental sector landlords who are renting out property and have not registered to pay tax, or have under-declared their rental incomes or have under-paid tax.

The tax training is part of HMRC’s Let Property campaign, and it is understood that HMRC are also in discussion with various landlord associations in order to make the training available to their members.

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If you have ever wondered about how property investment could be the way for you to quit your j.o.b and change your lifestyle for the better, then take a look at the offer below from our friends at Platinum Portfolio Builder

How Property Investment can change your life!

  • Are you serious about Investing?
  • Are you looking to build a Buy-To-Let property portfolio but don’t have the time to manage it?
  • Are you looking for properties in prime locations at significantly discounted prices?
  • Do you want higher yields on your investment?
  • Would you like to benefit from lucrative assembled bulk deals?

…If you would answer YES to the questions above, then you might want to talk to us!

 

Whatever your requirements … Platinum Portfolio Builder knows how to invest for your future

8 two bedroom apartments located on a modern housing estate

 

Purchase Price £400,000
Expected Valuation £600,000
Purchase Costs £15,600
Refurbishment Costs £2,000
Equity £182,400
Discount 30.04%
Annual Rent £42,900
Gross Yield 10.27%

Head of Property Buying at Platinum Portfolio Builder, Dean Thompson has this lucrative offer for property investors:

 

An exciting opportunity has arisen to purchase 8 two bedroom apartments located on a modern housing estate, within a larger block. 75% of the apartments are currently let with active marketing taking place for the remaining apartments. A rental income, when fully let is estimated to be £42,900

Now that you have seen a brief snapshot of HOW Platinum Portfolio Builder do it, find out WHY people like us invest with them…

Not only do Platinum Portfolio Builder buy properties on a large scale, they can tailor property purchases to everyones individual needs, just like the property portfolio PPB are building for Chris and his wife Natalya. All at a minimum of 25% below genuine market value (BMV)….

So, why did Chris and Natalya invest with Platinum Portfolio Builder?

  • “Even though we have investment experience, we’re m no property experts. What really attracted us to Platinum Portfolio Builder was the fact that we could get at least four properties in our property portfolio using just £75,000 (GBP) of our own money”.
  • “Without third party property investment services, we could never have got into property investment on our own “.
  • “The great thing with PPB is that all of the properties they secure for their clients are cash flow positive from day one”.

Chris and Natalya, Platinum Portfolio Builder Clients

“Our plan is to get about 16 properties in total that we can use them to support our family, and pass down to our children in the future.”

A typical property from a PPB portfolio

Purchase Price £77,000
Expected Valuation £110,000
Purchase Costs £1,250
Refurbishment Costs £3,100
Equity £27,500
Discount 26.05%
Annual Rent £5,400
Gross Yield 7.01%

  

 

Disclaimer

Please note that Platinum Portfolio Builder is not authorised or regulated by the Financial Services Authority and as such is not permitted to offer financial or investment advice to UK resident investors, whether or not the intended investments are regulated or unregulated. We strongly encourage you to consult an FSA-authorised Independent Financial Adviser before committing to any form of investment.

The profitability of this investment can go down as well as up. Historic performance should not be taken as a guarantee of future returns. This investment can increase the risk of losing money as well as increase the possible gains. Bank interest rates may increase during the term of the project. This is a non regulated investment and is therefore not covered by the financial services compensation scheme.

 

 

 

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Stuck? – Your Property Network Magazine can get you moving… 

  • What’s holding your property business back? This month’s Your Property Network has a focus on progressing your property business when the going gets tough. 
  • Property Investor stories – How three YPN readers were able to breakdown their property barriers to create life changing deals. Learn from their experiences 
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Also in the August Issue of Your Property Network magazine: 

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Property Investors Celebrate Removal Of Income Requirement From Buy-To-Let Mortgages

Property Investors Celebrate Removal Of Income Requirement From Buy-To-Let Mortgages

Buy-To-Let Mortgages On Offer
Based On Rental Income

There is good news for UK based property investors looking for a buy-to-let mortgage as lenders are beginning to understand how landlords make profit from property. Now one lender is taking the lead and offering buy-to-let mortgages based on rental income without worrying about a borrowers personal income.

Mortgage lender, BM Solutions, part of the Lloyds banking group, has removed their minimum £25,000 (GBP) income requirement from all of their buy-to-let mortgages.

Instead, the lender will make a buy-to-let mortgage offer based on the potential rental income expected to be generated by the rental property purchase, rather than being based on a borrower’s employed earnings.

The BM Solutions Buy-To-Let mortgage affordability calculation remains at 125% of the rental income, but the overall lending criteria have been tightened.

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UK Buy-To-Let Landlords Want To Expand Rental Property Portfolios

UK Buy-To-Let Landlords Want To Expand Rental Property Portfolios

UK Buy-To-Let Is Booming Again!

According to a new study conducted by market research firm BDRC Continental, UK Buy-To-Let landlords want to purchase more rental properties over the next 12 months.

The survey showed:

  • 23% of Buy-To-Let landlords plan to grow their rental property portfolios within the next year
  • 61% Buy-To-Let landlords are confident about the future prospects for their rental businesses.
  • 40% of Buy-To-Let landlords have increased rents during the last 12 months.
  • 7% of Buy-To-Let landlords had lowered rents in order to retain tenants.

The survey also discovered that tenant’s are staying longer in the same rental property, for an average period of two-and-a-half years.

This is good news for buy-to-let landlords as the UK private rented sector is growing at such a rate that landlords with low fixed rate or tracker buy-to-let mortgages are enjoying excellent rental returns and are able to fund further property portfolio expansion.

The survey also found that an average two-bed flat in central London now commands an average rent of around £1,515 (GBP) per month, that is more than three times the average monthly rent of £480 (GBP) for a similar property type in the North-East.

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Achieve Everything On Your Bucket List Through Property

Achieve Everything On Your Bucket List Through Property

What’s On Your Bucket List?

If you haven’t ever heard of a ‘bucket list,’ it’s a list of things you want to do in your life, most people have some idea of what they want to do before they die, and many actually acheive their goals.

The likelihood of achieving everything you want goes up MASSIVELY if your list is written down 

 Below are a few ides to get you started…

 

  • Swim with dolphins
  • Stroke a Tiger
  • Visit Machu Picchu
  • Skydive
  • Help 100 people out of poverty using property
  • Live by the beach and fish your food from the ocean
  • Fund your children through university 

These are all real examples, but it’s what YOU want that’s important 

What would be on yours? 

These can be as large or small as you want; they can be all about you, or all about helping others, or a mix …. It is up to YOU! 

Now, do you have a plan of how you’re going to achieve each of these? 

Would an ADDITIONAL £60,000 (GBP) pa,
working on property part-time help?
 

Would an additional £4000, £3000, or even £2000 (GBP) a month help?
This can be tailored to suit YOU

Part time can be what YOU want it to be…

  • Already have a job and can only do an hour in the evenings – fine
  • Have kids and can only do a couple of hours when they’re at school – fine
  • Can only do weekends – fine 

It’s what works for YOU 

Achieve Everything On Your Bucket List Through Property - Free Webinar with Simon Zutshi

Achieve Everything On Your Bucket List Through Property- Free Webinar with Simon Zutshi

Simon Zutshi has been investing in property for over 15 years and setup the Property Investors Network (PIN) in 20003 to help others learn how to invest and build their own portfolios. 

Several thousand people have been to Simon’s events over recent years, and over 600 have been through Simon’s £12K Mastermind program so it’s very safe to say he knows what’s he’s talking about. 

On Thursday 30th May (Tonight) Simon is willing to share with you his strategy which will earn you an ADDITIONAL £60,000 from working on property part-time! 

This is a BRAND NEW webinar you’ve never heard before.  

To register Click Here

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Buy-To-Let Mortgage Lending Up 20% Over The Last Year

Buy-To-Let Mortgage Lending Up 20% Over The Last Year

UK Buy-to-let mortgage lending has increased by 20% year-on-year during 2012 to reach its highest level since the UK property crash of 2008.

The appetite for buy-to-let mortgages has been boosted by strong demand from frustrated first time buyers, who end up as tenants as they are unable to get themselves on the property ladder. This strong tenant demand has in turn pushed up private rented sector rental prices as tenants find that they have become financially trapped.

£16.4 Billion (GBP) worth of buy-to-let mortgages have been taken out over the last year, showing a 19% annual increase, the Council of Mortgage Lenders (CML) said.

Around £4.6 Billion (GBP) worth of buy-to-let mortgages were advanced in the last three months of 2012, representing a 10% increase on the previous quarter.

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