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?  

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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

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Investing in Out-of-State Property:

When the property you have bought or sold is in a distant location the challenges increase massively. You must get to know the area you are selling or buying your property or buy a property in an area you know. Making sure there is a property management company and a maintenance worker at hand and that an inspection and or survey has been done. Check that the area you are buying in does not have falling real estate values otherwise the investment will depreciate and you will end up in loss. Lastly, networking out of state is important in order to fill vacancies, collect re

Property Consulting

Property price growth slowing, Zoopla says:

The rate at which property prices were horrifying for all across the U.K. Average prices increased by just 1 per cent in the three months to December 2021, the property portal said. This means the rate of the incline reduced by 0.3%. Predicting, that the prices will ease as the months roll on. This means the demands for areas outside London for properties, the highest level in 5 years. _____ Will you now be investing, if so, in what areas? Property price growth SLOWING, Zoopla says (msn.com)

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How to add £10,000 to your property value:

According to thorough research collected by several estate agents the way to increase the value of your property is to add a spa bathroom! This is a bathroom which includes luxury features such as steam showers, free standing baths and the new, trendy shower heads. It creates a desirability for the buyer, adding a sense of luxury to to the property, increasing the property profit when selling the house along with the inflation. ____ Will you be investing to increase the value of your property? Property expert shares the change which can add £10,000 to your home (thesun.c

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Value and Indexed Property acquires 5 properties for £30.5 million:

The London Based investment firm for commercially used properties which are being let to MKM Building Supplies Ltd, Arla Foods amba, BP Oil PLC and Marks and Spencer Group PLC, at the moment. All of these index - linked leases have a 5.6% net initial yield and have an average unexpired lease term of a decade. These properties will increase the property portfolio of the company to approximately 34%. This also meant the shares of the company on the trading market were up approximately 2% by the close of business on Friday. How are you aiming to increase your property port

Property Consulting

4 Things that will affect UK property market in the next five years:

The house prices in the market are expected to increase by approximately 13 percent, particularly, in the North where the economic outlook  is on the increase. Firstly, interest rates and regulation are heavily impacting the mortgage market, but they will not be severe enough to put the household finance industry under pressure. In addition, location choices have been tremendously affected after the pandemic as people not only want indoor dedicated work spaces but also gardens are a priority. Lastly, this housing boom will result in a short term upwards pressure causing a

Property Consulting

Gove closes tax loophole on second homes:

Many observed that there was a sudden increase in second home owners misusing the loophole whereby if you leave the property empty and claim it to be let to holidaymakers to avoid paying their share towards the local taxes. This is draining from those living in those local destinations and local businesses are suffering . This shift will protect the small holiday towns and home letting businesses , encouraging the tourism industry and forces the homeowners to contribute.  ___ Will you be penalised in the forthcoming year for abusing this loophole? Gove closes tax loopho

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Should I buy a listed property?

When properties are listed they are deemed to be of high interest to the surrounding areas culture and or heritage. This categorisation is used to protect the buildings from physical and environmental changes being done in the surrounding area. Buildings are listed based on four different varieties: age and rarity, unique architectural approach and whether it has a historical or cultural value. The problem with buying these properties is if you plan to modernise, alter or extend said property under the legislation you cannot. Getting planning permission can be time consumi

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The BRRRR method:

This acronym stands for Buy, Rehab, Rent, Refinance and Repeat. IT is deemed to be a famous strategy for property investors who aim to build a passive income over time.  It is a real estate investment method whereby one buys a property in need of reshaping, “rehabbing” it to lift it up to standards of the price wanted, renting it to tenants for the passive income, refinancing it to cover the capital invested on it and repeat the process with other properties to build a portfolio. One can make instant equity and you never need to use your own funds but you still benefit.