A Piece of England
A UK buy to let property blog |
|
|
Stay informed |
Keep up to date with the Piece of England newsletter covering news and views from the UK property market
|
Email: enquiries@pcomproperty.com
+66 9 7072 6615
Mon-Thurs 10am to 8pm local Fri 10am to 4pm local GMT +7 UAE+3 HK/SG -1
|
Property prices have leapt in most areas to be served by the new Elizabeth line, but there are some parts of London where prices close to a station are good value compared to their surrounding boroughs.
As a major business equipment firm used to say, "We don't lose customers, we just lend them to the competition for a while." So it seems with London as the post-pandemic return of renters pushes rents to new highs.
Prince Charles outlined the government’s agenda for the year ahead. Two key housing issues were addressed which will directly affect current and prospective investors in the private rental sector.
Rising interest rates and stretched household budgets were surely going to put the brakes on at some point. It's only one month, but Nationwide's figures for April suggest that it may have started.
27/4/2022
A brief look at green mortgagesThe term 'green mortgage' has shifted from the specialist pages into the mainstream press. We take a quick look at what they are and what benefits they may offer to new and prospective landlords.
22/4/2022
Are property prices about to crash?House prices are up by 14% in the last year, by over 20% since the onset of the pandemic. Interest rates are rising and the cost of living is soaring. Is a substantial correction due?
18/4/2022
Rental market snapshotThe average asking price for new rental contracts increased by over 10% in the last year - the highest amount since Rightmove started keeping records. Manchester is up by a remarkable 19%.
With prospective buyers still outnumbering sellers, prices have been rising by around 1% every month. It now looks like the banks might be the first to blink and step on the brakes.
15/4/2022
Buy to let investment bouncing backThe first quarter of 2022 was the most active for investor purchases since 2016, when the 3% stamp duty surcharge was introduced.
UK house prices seem detached from reality as the annual rate of increase reaches its highest since 2004. That was in the middle of a 'never to be repeated' house price boom. Yet here we are again.
The Social Market Foundation's recent analysis found that homes rented by tenants over 45 will account for more than half of all privately rented households by 2035.
Could spiralling energy costs replace the race for space as the next big driver of the property market?
“If they have been providing a particularly poor service and poor-quality accommodation, the sector will be better for their absence from it."
That's the title of a new report from Social Market Foundation which offers some excellent insights on how landlords can adapt their proposition to meet the needs of an evolving market.
10/3/2022
How much has buy-to-let really made?Buying and selling prices, mortgages, running costs, taxes - it can be tricky to calculate how much property actually makes. A study by Hamptons looked at the net gains an average investor has made over the last decade.
|
|
18/5/2022