Strategy and Management Consultants

SUPPORTING ENTREPRENEURS AND S.m.e.'s

Strategy and Management Consultants

SUPPORTING ENTREPRENEURS AND S.m.e.'s

Property Consulting

Property Consulting

Scared of buying properties? Few tips to help you!

According to a recent study, there has not been a drop in the number of Britons buying properties abroad post- Brexit. However, there are a few things expats should look out for. One should focus on identifying the location that will suit you the best (considering all factors) and what kind of property you would want as due to the pandemic Britons are prioritising houses with outdoor space. Setting a realistic budget as other factors will impact the overall cost. Keeping in mind currency conversion is a must! For reference, Spain is considered to be one of the most popular

by Think Tank Leave a Comment on Scared of buying properties? Few tips to help you!
Property Consulting

India: Demand to restart 40% discount on property tax for self occupied homes

All political parties have all around voted for a reintroduction for the 40% discount in self occupied homes which was stopped in 2019. It was discontinued to recover this discounted amount owed previously. However, it has been discovered that there is due to be no shift in property tax in the financial year of 2022 to 2023. Therefore the leader of house in PMC said that all parties have supported the reintroduction of this scheme. __________ Do you believe this is fair on investors or tenants ?

by Think Tank Leave a Comment on India: Demand to restart 40% discount on property tax for self occupied homes
Property Consulting

Trickle down economics disproven? Rise in property millionaires are the evidence.

Currently wages are not rising at the same rate as inflation, with extortionate energy bills and increasing in grocery shop prices - the youth are struggling. However, companies are predicting this could lead to a more than 2.7 per cent pay fall, greater than that of 1991. One in Forty-Two homes are worth £1 million in the U.K. There is great controversy over the idea that a free market with little to no regulation will allow wealth to trickle down to everyone in the economy. The number of people renting will exponentially increase as it did 30 years ago, as for many homes

by Think Tank Leave a Comment on Trickle down economics disproven? Rise in property millionaires are the evidence.
Property Consulting

Michael Gove proposals: Leaseholders will be paying for property fixes!

The new policy introduced by Michael Gove could result in leaseholders being liable to pay upto £15,000, if the building owners cannot afford to pay. This is following the cladding crisis and it suggests that if property developers and manufacturers do not repair this cladding safety issue they could be removed from the housing market. It is a big push from Gove to ensure that those found guilty of misconduct, in terms of property regulations, would also have to contribute financially to the problems they have caused. _____________ Do you believe this Bill will be a succ

by Think Tank Leave a Comment on Michael Gove proposals: Leaseholders will be paying for property fixes!
Property Consulting

Decline in Developer’s Bond indicates Risk in Chinese Property:

The Zehnro Properties Group Ltd. has displayed a downward spiral in their bond prices which demonstrates how risky it is to invest in Chinese developer bonds even when repayment is almost definite. The firm's bond prices have fallen by half, from 93 cents on the USD to 59.3 cents. This followed a disclosure that the company may not proceed with planned redemption and transparency concerns are increasing in the real estate sector in China. Bloomberg have suggested if you are a bondholder investing in low risk bonds then this sector is one to exit due to the extreme price vo

by Think Tank Leave a Comment on Decline in Developer’s Bond indicates Risk in Chinese Property:
Property Consulting

Property Prices in the U.K. are nine times that of earnings:

Kirstie Allsopp was held under great criticism for suggesting modern lifestyle choices, for example subscriptions for streaming application and exercise institutes, - should be stopped and or altered. This is in order to afford housing and allowing, oneself to get onto the property ladder. The difficulties with getting on the housing ladder is the multiplex of costs involved are immense ; one has to pay a deposit, there are restrictions on how much money can be borrowed. In the late 20th Century the house prices were approximately only 4 to 5 times earnings which we can no

by Think Tank Leave a Comment on Property Prices in the U.K. are nine times that of earnings:
Property Consulting, Uncategorized

Tax corner: Considering the value of corporate-owned residential property

Annual Tax on Developed Dwellings (ATED) returns for properties - matching the criteria, owned between the April 1 2022 to March 31 2023 period is required to be filed by April 30 2022. It applies to properties whereby it is valued in excess of £500,000, that are owned by a company or within a corporate wrapper, furthermore if the value of the dwelling has increased in recent years and its market value is more than £500,000 by the end of March 2022. There are various reliefs from these returns:  Let to a third party on a commercial basis and isn’t, at any time, occupied

by Think Tank Leave a Comment on Tax corner: Considering the value of corporate-owned residential property
Property Consulting

Nearly 50,000 Buy-to-Let companies set up in 2021:

Last year, a record high of 47, 700 companies were set up across the UK according to Companies House data. This number is double that of 2017 when the news investors with properties under their personal could no longer claim interest. However, the rate growth between prior years had fallen, with their being a 14% increase from 2020-2021 whereas there was a 30% increase between 2019-2020. Buy-to-let companies currently hold a total of 583,000 mortgaged properties which accounts for approximately 30 percent of all buy-to-let mortgages across the UK. ____ What is the future

by Think Tank Leave a Comment on Nearly 50,000 Buy-to-Let companies set up in 2021:
Property Consulting

Property tax revenue at record high:

Compares to 2020 values if property transfer tax (IMT), there has been an approximately 40% increase, highest since 2004. For the first time the IMT revenue has surpassed one million euros. This tax is levied on a purchase or sale of a property also when it is exchanged. It helps determine whether the taxable equity value of a property or the transaction amount is greater. —— Do you believe there is a beneficial party in this increase?  

by Think Tank Leave a Comment on Property tax revenue at record high:
Property Consulting

Profit accelerate in Property Group’s record year!

The U.K based sales and letting agents, Belvoir have had a good run for 2022. They have declared that their profits have already exceeded predictions for this, post signing for 2 large acquisitions. They have mentioned that they are continuing to work on their growth strategy and discern good investment opportunities. The additions from 2021, have led to almost a 40% increase in revenue. This meant that in comparison to other property firms, Belvoir was over 20% ahead of the pre-pandemic average. However, they have not disputed the fact that the market of 2022 will be incr

by Think Tank Leave a Comment on Profit accelerate in Property Group’s record year!
« Previous Page Next Page »