Those of a certain generation will know the above was an album by the Moody Blues. The reason I mention it is that it aptly applies to the way we try to keep ourselves and different types of investors happy. Another way of describing it is win-win-win. There are three parties to our business model …
“A Question of Balance” – Portfolio Diversification or Interest Investment? Read More »
We keep commenting that the headline statements and figures used by some agents and vendors to lure unsuspecting buyers are often misleading and occasionally totally false. The month’s moan is about net rental yields for the HMO sector. Several times in the past week I have been asked by people why our net yields after …
Guaranteed 15% p.a. Interest, Christmas Hampers, and Other Inviting Lies. Read More »
With the recent government announcement of the “Roadmap out of Lockdown”, it has become even clearer that we will have to live with some restrictions for some months to come, with all the pressure this puts on the housing market. It is therefore unsurprising that the government continues to extend the ban on evictions for …
Rents are falling in major cities as a result of coronavirus, which has caused demand from overseas workers, students and corporate travellers to plummet. The falls are most pronounced in London whether, according to Zoopla, they have fallen 6.9%. The boroughs in which they did not fall are all at the capital’s periphery. In a …
When Brexit was decided, there was a lot of talk about property prices falling, the economy falling off a cliff and the Francophiles despairing over whether we would all starve and die of thirst without our imported Brie cheese and cases of Bordeaux wine. As many expected, Brexit came without a whimper, unless you were …
Many people are drawn to investing in major cities, principally London, Manchester, and Birmingham. The perception is often that rental demand is highest in these locations as they have larger populations. However, they also have more properties and in some locations, more than is needed to satisfy the rental demand. The important issue is the …
Sports Direct founder Mike Ashley is demanding that all new rent deals across his high street empire are linked to store sales, making landlords’ income less stable. Ashley’s businesses operate from a total of about 700 sites, making him one of the biggest players on the high street. The sportswear billionaire is demanding deals that …
Back in the early 1990s when we were looking for properties for our clients, I met Mr Tony Pidgley, the founder of the Berkeley Group. I was wheeled in to meet him for a quick handshake, as if being introduced to royalty. Mr Pidgley certainly isn’t royalty, but he has gone on to build one …
A ‘small house in multiple occupation (HMO)’ is a house lived in by between three and six unrelated individuals. They share at least one basic amenity, e.g., kitchen, bathroom, or toilet. It does not require planning consent unless there is an Article 4 in place. An Article 4 restricts permitted development rights and is usually …
House prices beat expectations to grow at their fastest pace in more than two years according to Halifax, but economists raised questions about the reliability of the mortgage lender’s data. A series of indicators have pointed to a slowing housing market, but Halifax said that prices grew by 5.2% on an annual basis in the …
Halifax or Nationwide: Who to Believe About House Prices? Read More »
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