Property News – Commercial Property Investment Surges to 6-Year High

Property News - Commercial Property Investment Surges to 6-year High

 

 

Recent figures that have been released by real estate services firm Cushman & Wakefield indicate that there was a huge upturn in commercial property transactions in the previous year. In Central London alone, there were £19.9bn worth of commercial property transactions that were made which represents a 47 per cent increase on the figures that were posted in 2012. These figures means that the property investment activity is at its highest point since 2007. You can read further details on the commercial property investment resurgence by taking a look at the full report below …

Central London witnessed close to £20bn in commercial property transactions during 2013, taking investment activity to its highest level since 2007.

Figures from real estate services firm Cushman & Wakefield show there were £19.9bn of Central London commercial property transactions last year, representing a 47 per cent increase on the £13.5bn posted in 2012.

Cushman & Wakefield head of City investment Bill Tyser says: “The outlook for 2014 is positive with continued international capital inflow coupled with a strengthening UK institutional investor demand.”

“The market is now entering the era of a return to property fundamentals in light of economic recovery – principally that of property rental growth, with a controlled supply pipeline and increasing occupier sentiment, decision making and demand,” Tyser adds.

The news comes as more investors turn their attention to commercial property, owing in part to the view that valuations of bonds and some part of the stock market are starting to look stretched as well as the UK’s strengthening economic recovery. [Original Source: here ]

 

To find information on any aspect on property investment, whether it is information on selling your property or advice on entering the property investment market, then you can visit the Private Property Buyer website for information and advice here.

Alternatively, you can also contact Private Property Buyer directly through any of the following means:-

Phone: 01792 346108

Mobile: 07809 718569

Email: house@privatepropertybuyer.net

 

 

Property Investment Help | How to Sell Your House

Property Investment - How to Sell Your House

 

 

The number of people who are selling their houses independently through property selling websites is rapidly increasing. Home owners are now starting to abandon the traditional estate agents in order to sell their home and instead are choosing to market their home to potential buyers via a growing number of property websites. There are currently over 50 websites that home owners can choose from to market their home to potential buyers privately.

The main attraction of selling your home independently through these websites is to save money. By people selling their homes on these websites, they are avoiding paying large sums of money on estate agent fess and VAT. Now that house prices are now starting to rise again, that has also meant that the slice of commission that estate agents are taking is also increasing on sales. By selling properties independently the outlay of selling your home will only be a couple of hundred pounds, compared to the thousands of pounds it costs through the estate agents.

How to Sell Your House

All of this has lead to a growing number of people selling their homes independently which is frustrating estate agents. But, in order to successfully sell your home yourself, there are certain things that you need to be aware of. Take a look below on some pointers on how to sell your home yourself …..

How to Sell Your House – Prepare for a Sale

Some people are put off from selling their home themselves as they are unsure on what the correct value of their property should be. But this should not worry sellers as there are plenty of information available to you to correctly gauge the value of your property. The Land Registry website will tell you what other properties on your street is valued at so you can gauge what your own property’s value is. Other websites where you can see what similar properties value is are Mouse price and Net House Prices.

Experts also recommend that you also upload a floor plan of your property as part of your property details when uploading to a property selling website. There is software available where you can download a floor plan of your property at a charge or alternatively you can just download the software for a free trail period.

How to Sell Your House – Use an Online Estate Agent

If you do not feel comfortable with selling your property independently then will still be able to save money on estate agent fees through using an online estate agent. This is because even though there is a small commission involved after selling your property, it is considerably lower than the normal high street estate agents. Also, your property will be listed on the popular property portals such as Right Move to make your property easier to find for prospective buyers.

How to Sell Your House – Tips For Going It Alone

If you do feel confident and comfortable enough to sell your home independently, then take a look at some tips that will aid in helping you get the maximum value for your property:-

  • Don’t arrange viewings when you’re alone – ask a friend or neighbour over.
  •  If selling online or privately, you need a good solicitor. If a dispute arises with a buyer, you will probably have to handle it yourself, although some online agents may step in.
  • Make an A4 advert featuring the best photograph you have of your home (preferably in colour), laminate it and give it pride of place on noticeboards. Target public buildings close to the property that is for sale.
  •  Market your own property: The rules of flyer design are simple. Use colour rather than black and white. Keep the colours eye-catching, but not garish.

To find more helpful tips on selling your property and other property investment advice, contact Private Property Buyer by:-

Phone: 01792 346108
Mob: 07809 718569
Email: house@privatepropertybuyer.net

 

 

 

 

Confidence in Build-to-Rent Scheme Continues to Grow

Property Investment - Investment Top Tips

 

 

There is growing confidence in the government’s scheme of build-to-rent, which was revealed in 2012. The aim of this scheme was to encourage large organisations to invest in the private rental sector that will allow for new purpose built development sites that will improve the standards for private renters. Now, there is increasing confidence in the benefits of this scheme as 2 new reports have emerged that show that the scheme is benefiting private renters and landlords in several different areas of the UK and not just in London and the South East, as was first thought may happen.

It is now becoming increasingly thought that the build-to-rent scheme has a lot of merits for private renters and landlords. It is believed that a large number of high quality rented accommodation will raise the standards and the level of competition of the property market. This is thought to in turn stabalise the rent levels which will be of benefit to the private renters and lenders.

Confidence in Build-To-Rent Scheme is Growing

You can read more on the growing confidence in the government’s build-to-rent scheme and how it will benefit private renters and landlords below ….

Confidence is growing in the government’s build-to-rent scheme. Two reports have now found the numbers stack up outside the boom areas of London and the south-east.

The government’s £1bn build-to-rent fund – launched in 2012 and topped up in the 2013 budget – aims to attract large institutions to invest in the private rental sector. It hopes the fund will encourage investors to finance new, purpose-built developments that will improve standards for private renters.

A large influx of high-quality rented accommodation will raise standards and competition in the market and, in turn, should stabilise rent levels, which hit record levels in September. Major investors will also seek professional property managers to look after the development. This professional approach is in stark contrast to much of the current private rental sector which is often dominated by amateur buy-to-let private landlords and rife with malpractice.

But concerns were raised over how viable developments would be in different parts of the country – with many assuming that only developments in London and the south east would attract investment. [ Original Source: here ]

To find more information on other aspects of property investment and the property market, contact Private Property Buyer by:-

Phone: 01792 346108
Mob: 07809 718569
Email: house@privatepropertybuyer.net

 

Property Investment Help – Downsizing Advice

Property Investment - Downsizing Help

 

 

If you are looking to free up some extra funds on your property investment, then you may want to think about downsizing. There are a number of benefits to you if you do decide to downsize your property. Obviously, the most obvious plus will be that you will have some extra funds available to you after selling your property and buying something a little cheaper, but it will provide you with a number of different advantages that will help with your day to day living.

If you do decide that downsizing will be of benefit to you, then you should know what kind of advantages and allowances that it will give you as well as the obvious. One allowance that may be possible as a result of downsizing is the possibility of paying off your mortgage on your new downsized home. If you get a good price from selling your home and purchase a downsized property outright, then it may be possible to pay off your mortgage straight away which would make the day to day living a lot more comfortable for you without the fear of keeping the mortgage repayments.

Downsizing Advice

You can read more on the benefits of downsizing and some downsizing advice below ….

With just under a quarter of homeowners (24%) choosing to downsize*, the National Association of Estate Agents (NAEA) offers advice for those moving to a smaller property.

Jan Hӱytch, President of the NAEA, said: “It is clear that downsizing is on the minds of many and if this process is carried out in the correct way it can be hugely beneficial to a homeowner. The appeal of owning a potentially mortgage-free property or lower energy bills can be key considerations, particularly for ‘empty nesters’ who find themselves no longer needing a larger home.

“Downsizing can also be a perfect opportunity for homeowners to raise capital, prioritise what’s important and get rid of any unnecessary clutter.”

The NAEA’s top tips for those looking to downsize are as follows:

Remember you are moving in as well as moving out:

Nothing is less welcoming than moving into a new property with no gas or electricity. Be sure to check with the agent and get the details of the previous utility providers so you can set up new accounts. Also, make sure that your phone and broadband services are ordered prior to moving in as these can take a few weeks to be activated.

Remember to redirect important mail to your new address and also leave forwarding details so you don’t miss out on any post. [Original Source: here ]

House Prices are on the Rise

House prices are rising

 

 

It has emerged that the recovery of the property market is continuing as it has been revealed that house prices are rising at a rate of £200 a day. Houses across England and Wales are now worth over 3.1 % more now than at the same point this time a year ago. These figures are demonstrating that the state of the property market is continuing to improve and is at the best state than it has been for years.

The fact that house prices are on the rise may not necessarily be good news for first time buyers who are striving to get on the property ladder, but for home owners and other property investors, this is great news as the property investment that they have made is showing signs of reaping the benefits.

House Prices are on the Rise

You can read more on the rise of the house prices and what this could mean for home owners below …..

HOUSE prices have gone up by an average 0.5 per cent this month – the ninth rise in a row – as figures today suggest confidence in the market is at its highest for years.

House prices have risen for the ninth month in a row

Homes across England and Wales are worth 3.1 per cent more than a year ago, says property analyst Hometrack.

In the past four weeks alone, the value of the average property has soared by £6,923, more than £200 a day.

A typical three-bedroom semi is now worth £252,418.

There is still such a shortage of supply – with buyers flooding the market thanks to the Government’s Help To Buy scheme – that sellers are almost always getting their asking price.

The proportion of the asking price achieved was 95.2 per cent in October, up from 94.7 per cent in September.

This is just half a percentage point off the record 95.7 per cent at the height of the property boom in 2007. [Original Source: here ]

 

Property Investment Help – How to Increase the Property Value Before Selling Part 2

Property Investment - Increase Property Value

 

 

This is the final part of a 2-part article explaining 10 different ways of how you can add value to your property before you sell and therefore make an extra profit in the process. This 2-part article will provide you with 10 ways to increase your property value and explain how this can help you in gaining the maximum amount possible for your property when selling. Although, making improvements in order to increase the property value may cost some initial expense, the benefits of performing these improvements should greatly exceed the initial costs that it would take to improve your property. Take a look below at the final 5 improvements you can make to your property ….

Increase the Property Value Tip 6

Give your kitchen a makeover – to many prospective property buyers the kitchen is the most important part of the home. So give your kitchen an inexpensive makeover by making minor changes to the surfaces and cupboards to bring your kitchen to the modern era. By having your kitchen giving off a modern and clean feel, buyers will be drawn to the property and increase the likelihood of gaining your full asking price.

Increase the Property Value Tip 7

Ensure bathroom is spotless – before showing prospective buyers your property, give the bathroom a thorough clean. Buyers usually do not mind an ageing bathroom but one thing buyers will not tolerate is any dirt in the bathroom. Also, if it is financially viable, try to replace the toilet and sink with brand new ones to improve the look of the bathroom as this will increase the chance of a quick sale.

Increase the Property Value Tip 8

Make sure your property is ready to move into – creating a home that can be moved into without major renovation, decoration or repair could give your property the edge over others in your area. Imagine what you want from your next property, and try to replicate it to entice buyers with limited budgets.

Increase the Property Value Tip 9

Borrow or rent some quality furniture – by adorning your home with borrowed or rented furniture that adds the element of luxury, you could be able to create an overall luxury look and feel to your property. Even though there may be a cost involved, the prospective buyer will see the quality furniture and it will give off a positive feel to the property that could be transmitted to the rest of the property.

Increase the Property Value Tip 10

Select the best real estate agent – finally, try and ensure that you have the best real estate agent possible acting on your behalf. This is critical as the better the real estate agent the more likely the chance you have of getting a sale and also a price that is at or near the asking price. To find the best real estate agent, shop around many different ones before committing and ask questions to people who have prior experiences of dealing with different real estate agents.

You can view the first part of this article [here … ]

To look at many more different tips and more information on property investment and how to sell your property, visit Private Property Buyer at:-

http://www.privatepropertybuyer.net/

Alternatively you can contact us by:-

Phone: 01792 346108
Mobile: 07809 718569
Email: house@privatepropertybuyer.net

Property Investment Help – How to Increase the Property Value Before Selling Part 1

Property Investment - Increase Property Value

 

 

This is the first of a 2-part article explaining 10 different ways of how you can add value to your property before you sell and therefore make an extra profit in the process. This 2-part article will provide you with 10 ways to increase your property value and explain how this can help you in gaining the maximum amount possible for your property when selling. Although, making improvements in order to increase the property value may cost some initial expense, the benefits of performing these improvements should greatly exceed the initial costs that it would take to improve your property. Take a look below at the first 5 improvements you can make to your property ….

Increase the Property Value Tip 1

Tidy Up Your Garden – this may not seem to have much substance to it, but the front garden will be the first thing that potential buyers will see. So by tidying up your garden will greatly improve the look and feel of the property and therefore increase the likelihood of a quicker sale. The cost of purchasing new soil and shrubs is quite reasonable so the expense is not that high and also it would be beneficial to purchase some ornamental features just to improve the look of the garden.

Increase the Property Value Tip 2

Clear away any excess possessions – when potential buyers are viewing the property, make sure that all of the excess clutter is cleared away beforehand. This is not just because it may make the property look a bit untidy but the prospective buyers are less likely to be able to visualize how they would arrange their own furniture after moving in. So if it is possible, try and ensure that the property is open with little in the way of possessions lying around so the buyer can picture how it would look like after they move in and by doing this it will increase the chances of a sale.

Increase the Property Value Tip 3

Carry out all of those little jobs – all property owners avoid those little jobs that have no real bearing on the day to day living within the property. But before attempting to sell the property, ensure that all of the little jobs such as replacing the tile grout or repair any chips in walls or fittings. This is important because you want the respective buyers to feel that the property has been well kept and if this is the case they are more likely to offer closer to the asking price then they would if there are little chips around the place.

Increase the Property Value Tip 4

Give the property a fresh coat of paint – by giving all rooms within the property a fresh coat of paint it will give off the feel of the property being fresh and modern. Prospective buyers will not realise that the property has just been painted so they will think that the property has been well kept and therefore increase the likelihood of them purchasing. But when painting the property, stay away from any overpowering colours and stick to neutral colours so the prospective buyers can use their own imagination of what it may look like once moved in.

Increase the Property Value Tip 5

Check all of your doors and windows– check the condition of all of the doors and windows and ensure they are well presented and fully functional . Also, think about energy efficient replacements? However if replacements aren’t an option, then make sure that all doors and windows fit and open properly and are free from cracks and damage.

You can view the second part of this article [here … ]

To look at many more different tips and more information on property investment and how to sell your property, visit Private Property Buyer at:-

http://www.privatepropertybuyer.net/

Alternatively you can contact us by:-

Phone: 01792 346108
Mobile: 07809 718569
Email: house@privatepropertybuyer.net

Property Investment Help – Property Owners Top Tips

Property Investment - Investment Top Tips

 

If you are interested in going into to property investment but feel that you lack the required knowledge then Private Property Buyer can provide you with all of the information that you will need in order to make your investment a success. Whether you have no experience in property investment at all or would just like a bit of advice to help with the process, then Private Property Buyer can help.

It is essential that you have all of the information under your belt before making a property investment. So make sure you seek out any help or advice on any areas that you are not completely certain about and don’t make any assumptions on it being easy to make a quick profit when investing.

Property Owners Top Tips

Here are some tips that can be used in your property investment in order to make it a success…..

  • Get Landlord Insurance – if you are going to be renting out your property then make sure you have landlord insurance in place. This will cover you in case of any damage to your property whilst the tenants are occupying your property and save you from having to pay the repair costs.
  • Review the rent each year – at the end of each year, increase the rent a small amount in order to keep up with the current market. Ensure that you do not increase the rent too much or the tenants may decide that it is too expensive and leave. But by increasing it by a small amount each year, the tenants will not get a big shock and will likely expect and appreciate the small rise each year.
  • Consider the end date of your lease – try to ensure that the end date of your lease falls in the time of the year where there is the most demand. That way it is a lot more likely that a new tenant will pick up the lease. Avoid letting your lease end in times where the demand is low like December and January if possible.
  • Maintenance – make sure you are carrying out maintenance on the property on a regular basic. Regular maintenance will add value to the property and enable you to charge more rent than you would have without the maintenance.

To receive much more information on any aspect of property investment contact Private Property Buyer either by phone or by email.

Phone: 01792 346108
Mobile: 07809 718569
Email: house@privatepropertybuyer.net

 

 

 

Property Investment Help – Ignore the asking price

Ignore the asking price

In order to make a property investment scheme successful there are a number of different aspects that you need to take into account. Here we will discuss how the asking price is not always an accurate representation of how much you should be paying for the property. The initial asking price that is given is purely a rough figure of the property that is more often than not never met. So when you are considering to purchase a particular property, make sure you make your first offer well below the asking price. Also, during the negotiation process make sure you are firm with what you are willing to spend and do not budge from that figure. If you show signs of willingness to pay a bit more, then you are likely to pay a bigger figure then you would like and lose money long term. Read the full report below ….

Ignore the Asking Price

 

property investment This rule has made me many hundreds of thousands of pounds and it’s something I think many investors find hard to do. I know that an  asking price influences people’s decisions as they see it as the true value. Well it’s not, and please remember it’s an asking or starting  price; it’s not where you start, it’s where you end up that’s important.

 I remember a time when I was speaking to an agent and he mentioned a property that he was having a few problems with;  the property had been kicked out on survey three times because of a structural crack. The vendor had it on the market for £210k. I was  very interested by this as it had all the hallmarks of a deal. I went to view it and the cracking was slight and what I would have called  ‘non-progressive’ as they say in the trade; in other words, it was not going anywhere. [Original Source: here ]