Curious about the investment potential of real estate or wondering if advetorials promising millions of pounds in returns through real estate investment are real? The first thing to do here is to learn how wealth is created through real estate. This article won't focus on the strategies to profit from real estate. Instead, it will focus on the basic ways that money can be generated through real estate. What’s clear is that this hasn’t changed in centuries. Appreciation This is the most common...
During his successful campaign to become the Mayor of London, Sadiq Khan promised to make London’s housing crisis his “single, biggest priority.” In fact, Khan said in his manifesto that “it doesn’t matter whether you’re talking to business leaders, local residents, charities or community groups: far and away the biggest issue across the board is London’s housing crisis.” Despite the lack of affordable housing, it isn’t for lack of properties. The most recent statistics found that there were 56,715 vacant...
By Bea Patel, TLE Property Editor and Director of Shop for an Agent Two developments set to deliver affordable housing was given the go-ahead by The Mayor of London, Sadiq Khan. Both offer high density schemes near well-connected transport hubs. Both applications were refused planning by their local borough councils. Deemed too high, Palmerston Road development was refused planning by Harrow Council. A short three-minute walk from Harrow & Wealdstone station in Zone 5, it will rise to 17 storeys....
For most of us, buying a house is the most expensive thing we will ever purchase. Getting onto the property ladder is a huge step in life. So what do you need to consider? Location This is crucial. Location has a huge impact on the price of the property. For example, if you were to buy a 2 bedroom apartment in Bristol BS1 you could spend around £800,000. Yet the same sort of property just over the bridge in Chepstow...
Whether you live in your property or are offering it for rental, you can benefit from renovations. Renovating your property increases its value, and many renovation efforts have a bigger impact on the value of a property than the cost of the improvement itself. By choosing the right projects, you can get an outsized return on your investment while also making the property more enjoyable to live in for yourself or your tenants. Here are some of the best ways...
By Lynda Clark, First Time Buyer Magazine With the Halifax having just announced that first time buyers in the Capital will need a £100,000 deposit to get onto the housing ladder, many Londoners may be left wondering how they will ever be able to secure their first home. There are, in fact, many different ways that first time buyers might be able to find a way to buy a home of their own for less but they may need to...
The number of new homes been built in England in 2016 was DOWN on the previous year despite the country been in the midst of a housing crisis. Just 140,650 new homes were built in 2016, down from 142,600 in 2015 and well short of the 250,000 the government says required. The problem is most pronounced in London, where new figures from the Office for National Statistics (ONS) show that, without accounting for inflation, the average house price in London has grown...
By Andrew Screen, Director at CBRE Following the recent RICS Real Estate Investors’ Conference, held in Holborn, featured panellist, Andrew Screen, Senior Director at CBRE explores the evolution of the UK’s Private Rented Sector and build-to-rent funding. The Private Rented Sector has undergone much evolution over the past five years, particularly with the creation of the Private Rented Sector Taskforce as well as the Build-to-Rent fund. The Taskforce was created to improve the quality of existing rented accommodation and to...
One of central London's smallest detached homes has been put on the market for the first time in 50 years for a big price -- almost three times the UK average. The pint-sized pad has just 290sq/ft of floor space and is in need of a full renovation. But despite the size and condition, the "gem" is in the middle of Chelsea, so has an asking price of £600,000. Walk through the front door of the home on Britten Street...
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