Financing a Self Build Property

Investors are becoming increasingly aware of the money that can be made out
of building property. This is all well and good; however, the financing of
these ventures can be very complicated, putting many investors off an otherwise
sound investment. Don’t be one of them!

Buying Land

Buying land in order to develop one or more properties is generally considered
a sound financial investment, particularly for those with building experience
who can cut the build costs to a minimum. Having said this, the process can
be a lot harder, with plenty of hurdles that can easily trip up the inexperienced
investor.

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Popularity: 8% [?]

Tips from the Top

Turn the tables

If you are looking to purchase a property to rent out, do your research by
phoning around and pretending to be a potential tenant. It is generally found
that estate agents will give landlords a higher figure for a specific type
of property than they will to a potential tenant. By turning the tables you
may get a more realistic idea of what the potential yield from your property
should be.

Spread the Risk

Whenever you are looking at a property purchase, particularly when growing
a portfolio, it is vital that you consider how you are going to spread the
risk. Make sure that you consider the differing markets and how exactly you
could minimise your risks. A good way of doing this is to compile a list of
risks and downsides for each property and then consider how you can mitigate
these in conjunction with a different type of property.

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Popularity: 7% [?]

A Day – What Now For Property Investments?

Property investors across the country waited with bated breath for A Day to
finally happen. A month on from A Day, what, in reality, has this tax change
meant to the property investment market? Exactly who are benefiting and how
are they doing it?

A Day lost much of its power, less than six months before it came to fruition,
when the Chancellor announced a dramatic U-turn on residential property investments.
Many people simply lost interest in the ‘grand’ event when residential
property was dismissed, believing that they could no longer benefit. However,
there still remains plenty more to consider, when it comes to the impact of
A Day and wise investors should look again at their options.

What was A Day all about?

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Popularity: 3% [?]

First and foremost, it is important that a landlord realises that it is illegal
to throw a tenant out of a residential property, either by force or by harassment.
It is also illegal to use methods such as cutting off essential supplies, like
gas, water or electricity. Having established this, the next step is to consider
on what grounds you can evict a tenant and how this should be achieved.

Grounds for eviction

1st Procedure

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Popularity: 5% [?]

Ex-Council Property – A Sound Investment?

With limited financial resources, an ex-council property can seem like the
perfect solution. However, is buying an ex-council house a worthwhile investment
for budding property investors, or is it simply a money pit that is more hassle
than its worth?

House prices are on the up and, despite many doom and gloom merchants fearing
the worst, it seems that the market is going to continue to rise over the long-term.
With this in mind, it can be difficult to raise the necessary money to finance
your property investment plans. Some of the cheaper properties are ex-council
houses and it would seem that these, in many instances, offer good value property
with decent rental and capital returns. So what’s the catch?

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Popularity: 6% [?]

Affects of new licenses for landlords

Nine months after the new licences for landlords were introduced it is now
time for the buy to let landlord to count the cost and evaluate just how the
market has changed.

The new licences only affected landlords who owned houses in multiple occupation,
commonly known as HMOs. In reality, this meant that student landlords were
the most likely to have seen market changes and increased costs.

A report by Heritable Bank has revealed that there is a dramatic disparity
in costs of complying with the new regulations, with some postcodes costing
as much as £1,040 more than other areas. It is only a matter of time
before these differences begin to have an effect on the buy to let market in
the regions that charge the most to obtain the necessary licence, in order
to own an HMO.

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Popularity: 5% [?]