New 5 year fixed rates from Saffron

Saffron Building Society has expanded its buy-to-let mortgage range to include the following new products:

Standard BTL 5 year fixed rate

4.87% fixed until 31/08/2019 up to 80% LTV
- For loans up to £500,000 there is a £995 arrangement fee
- For loans over to £500,000 there is a £1995 arrangement fee

BTL light refurbishment product 5 year fixed rate

5.07% fixed until 31/08/2019 up to 80% LTV
- For loans up to £500,000 there is a £995 arrangement fee
- For loans over to £500,000 there is a £1995 arrangement fee

Search the whole BTL mortgage market free

Email: info@propertyhawkbtlmortgages.co.uk 

Tel: 029 2069 5446

Your home may be repossessed if you do not keep up repayments on your mortgages.  

The Financial Services Authority does not regulate some forms of mortgage.

Most popular BTL mortgages

Max LTV	Initial Rate	Term	Completion fee	Booking fee	Incentives	Lender
85%	4.99% Fixed	2 Years	2.5%	£130.00	No	Kent Reliance Semi Exclusive
85%	5.99% Discount	2 Years	2.5%	£130.00	No	Kent Reliance Multi Let & Ltd Co. Semi Exclusive
80%	4.09% Discount	0 Years	£499	£100.00	No	Hanley Economic Exclusive
80%	4.47% Fixed	2016-11-30	2%	£0.00	No	Saffron BS Semi Exclusive
80%	4.87% Fixed	2019-08-31	£995	£0.00	No	Saffron BS Semi Exclusive
75%	2.84% Fixed	2016-04-30	£2495	£130.00	No	Accord Exclusive
75%	2.99% Fixed	2016-04-30	£2495	£130.00	Free valuation	Accord Exclusive
75%	2.84% Tracker	2 Years	2.5%	£0.00	No	Precise Mortgages
75%	3.79% Fixed	2016-03-31	£995	£0.00	No	Precise Mortgages
75%	3.5% Discount	0 Years	0%	£0.00	No	Hanley Economic Exclusive
75%	3.69% Fixed	2019-05-31	2.5%	£250.00	No	Hinckley & Rugby Exclusive
65%	5.27% Fixed	2016-11-30	2.5%	£0.00	No	Saffron BS Ex-Pat Semi Exclusive
60%	2.45% Discount	2 Years	£1950	£250.00	One free Valuation on properties valued up to £1,000,000	Hinckley & Rugby Exclusive

Search the whole BTL mortgage market free

Email: info@propertyhawkbtlmortgages.co.uk 

Tel: 029 2069 5446

Your home may be repossessed if you do not keep up repayments on your mortgages.  

The Financial Services Authority does not regulate some forms of mortgage.

Landlords home office expenses

Every landlord has a home office when it comes to claiming expenses for their rental business.  This is because if you manage your business, even if you only have one buy-to-let, you will administer your lettings, organise the maintenance and have to make phone calls and send emails.  This is not withstanding calculating your rental profits at the end of year as part of the dreaded self assessment tax return.

Unless you have your own office associated with your rental business then landlords are entitled to include an expense allowance.  The new guidance for how to calculate your home office expenses are available on the Government website under home office expenses.

Landlords win licensing reprieve

If it were a football match the score would read Landlords 1 The Council 0.

Attempts by Milton Keynes council has floundered in the face of strong opposition from landlords to the imposition of a city-wide licensing scheme.  We have spoken before about landlord licensing through the back door.

Under pressure the council has admitted it is abandoning plans to introduce a city wide scheme.  At the same time they are cutting the cost of the licensing fee on all HMOs by £500, reducing it from £800 to £300.

It looks like if we landlords shout loud enough even the Council is forced to listen.

Landlord insurance - professional rates - online quotes

Property manager improvements

It's time to make things better, so please help us.


We are about to set sail on another re-vamp of the Property Manager, our free property management software - let's call it version 4.

So, if there are things you want adding,  improving, or changing in Property Manager 3.0, let us know now.

We already have a list of user feedback that we will be working through, but we welcome any other bright ideas.

Now's the time to share.

Leave your comments and thoughts below.

Crossrail extension to boost property prices

A property price boost is predicted for the towns along the newly announced extension of the crossrail out to Reading.

Read details of the planned crossrail extension

Calls for property pension

It's something that here at Property Hawk we have been calling for years.  The right to buy residential property and hold it in your personal pension.

There were no changes announced in the Budget directly relating to property pensions although there is a huge relaxation in the need for people to buy an annuity.

Paragon Mortgages has been backing changes to go one step further and allow people to hold residential property in their SIPPs.  John Heron Managing Director of Paragon has called on the Government to make the changes:

“It is clear from independent research that landlords favour an investment in residential property because it is a physical asset, has a strong performance record through the cycle and acts as a hedge against inflation.

“It is also clear from research that landlords regard their investment in property as part of their wider planning for their financial security in later life.

Over half landlords invest in their pension
Research carried on by Paragon Mortgages last year indicated that 75% of landlords say that their properties are their pension.  65% plan to live off their rental income when they retire.  A property pension with it's strong revenue generation is ideal to provide a constant and increasing retirement income as well as future potential capital gains.

Mortgage Search - finance your investment

HMRC landlord tax toolkit

Sometimes the best advice is direct from the horses mouth.  If this is true then you should have a look at the HMRC tax toolkit.  This 24 page booklet gives landlords the low down of how the Revenue HMRC deal with landlords on tax issues.  It talks about every thing from how landlords should keep their records to reliefs and allowances.

It's essential reading for any landlord who needs to understand how the revenue approach the taxation of rental businesses.  Obviously they don't tell you how to engineer tax avoidance on your rental business but it's a good starting point.

Landlord insurance - professional rates - online brokers

Most popular BTL mortgages

Max LTV	Initial Rate	Term	Completion fee	Booking fee	Incentives	Lender
85%	5.99% Discount	2 Years	2.5%	£130.00	No	Kent Reliance Multi Let & Ltd Co. Semi Exclusive
85%	4.99% Fixed	2 Years	2.5%	£130.00	No	Kent Reliance Semi Exclusive
80%	4.09% Discount	0 Years	£499	£100.00	No	Hanley Economic Exclusive
80%	4.47% Fixed	2016-11-30	2%	£0.00	No	Saffron BS Semi Exclusive
75%	2.84% Fixed	2016-04-30	£2495	£130.00	No	Accord Exclusive
75%	2.99% Fixed	2016-04-30	£2495	£130.00	Free valuation	Accord Exclusive
75%	2.84% Tracker	2 Years	2.5%	£0.00	No	Precise Semi Exclusive
75%	3.79% Fixed	2016-03-31	£995	£0.00	No	Precise Semi Exclusive
75%	3.5% Discount	0 Years	0%	£0.00	No	Hanley Economic Exclusive
75%	3.69% Fixed	2019-05-31	2.5%	£250.00	No	Hinckley & Rugby Exclusive
65%	5.27% Fixed	2016-11-30	2.5%	£0.00	No	Saffron BS Ex-Pat Semi Exclusive
60%	2.45% Discount	2 Years	£1950	£250.00	One free Valuation on properties valued up to £1,000,000	Hinckley & Rugby Exclusive

 

Search the whole BTL mortgage market free

Email: info@propertyhawkbtlmortgages.co.uk 

Tel: 029 2069 5446

Your home may be repossessed if you do not keep up repayments on your mortgages.  

The Financial Services Authority does not regulate some forms of mortgage.

---

Pensions changes could cause house price boom

Pension changes could lead to a boom in house prices according to the Daily Express.

Pensioners will be given more choice about what to do with their pension pots including being able to avoid taking out an annuity.  According to the Financial Times the Treasury estimate that 320,000 people a year will now be able to 'draw down' or take their cash out of their pension.

Our view
The Daily Express are suggesting that many pensioners will rush out and opt to buy a buy to let instead.  Doubtful!  The reality of buying and managing a rental property is that it is like running a small business.  Whilst it's classed as an investment for tax purposes the reality is that a fair amount of work and responsibility is involved.  Most people looking to require are looking to getting away from life shackling responsibility.  Getting a buy-to-let might make financial sense but for many pensioners they will not want the responsibility.  Putting you penision cash into or a fund, annuity or any other investment fund will still seem for the vast majority the more appealing option.

Free property management software, Free tenancy agreements

Investing in student digs

Student accommodation has been one of the most resilient property sectors since the property fall out in 2008.  This insightful guide to the student accommodation sector by Knight Frank paints a pretty positive picture of investment in the sector.  I'm less sure particularly on so called Purpose Built Student Accommodation (PBSA).  I can see how they are attractive for students and probably produce a greater chance of above average rental returns but what the figures don't tell you is the risk of obsolescence.  What do I mean by this?  Well what happens if your lovely purpose built student accommodation block in 10 years time is no longer in demand because it's in the wrong place or the market is over supplied?  What can you use the building for....not an awful lot without spending a fortune.  On the other hand a converted residential property should reconvert to single occupancy residential use pretty easily.  If you believe in the student accommodation growth story then have a look at the property below.  I note that it's only 80% so perhaps the oversupply scenario I've mentioned is closer than some of the analysts like to admit.

Athena Apartments, 52 Grange Lane, LEICESTER, LE2 7EE

Description

    •    Purpose built, modern student block
    •    73 bed spaces arranged within 26 flats
    •    59 rooms let subject to Assured Shorthold Tenancies
    •    80% occupancy rate
    •    Prominent student location situated on the De Montfort University Campus
    •    Located within 1 mile of Leicester train station
    •    £30,822 per bed space
    •    Estimated Rental Value assuming all rooms let on a 48 week basis: £335,252

Price
Offers in excess of £2,250,000

Contacts

James Wilson
+44 (0)113 236 6679
james.wilson@allsop.co.uk
William Shoebotham
+44 (0)20 7344 2659
william.shoebotham@allsop.co.uk

 Mortgage Search - specialist finance available

Liverpool's landlord licensing consultation

The proposed mandatory licensing scheme in Liverpool’s has moved on. 

Opinion Research Services (ORS) are about to begin a 12-week consultation with landlords, tenants, residents and other stakeholders.

Cabinet Member for Housing, Councillor Ann O’Byrne, commented:

“This formal consultation period gives all organisations and individuals affected by these proposals the chance to get involved in the discussions and have their say. We will consider all views carefully before we make a final decision.

The citywide licensing scheme would require all landlords who privately rent properties in the city to have a licence for each of their rental properties. A landlord would be required to pass a ‘fit and proper’ person to manage their properties.

The mandatory licensing scheme is expected to come into force in 2015.

The scheme is part of a ten point action plan that Liverpool Council have embarked upon to improve standards in the private residential sector.

Renting a lot more expensive than buying

According to recent Halifax data, the gap between the cost of renting in relation to cost of owning a property is at its highest level since 2009. An typical increase of £100 on monthly rent compares to a static cost in mortgage repayments for most home owners.

The rent on an average three bedroom house is now £769, which is 16 per cent more costly than the equivalent property under home ownerships, taking into account mortgage repayments and other costs.

Landlords don't trust government

Landlords are a diverse bunch of individuals.  I know this through research and personal experience of meeting many of them.  They can range from: whizz kid property developers, professionals with a single property to bolster their pension, to career landlords with large portfolios landlords who have tens if not hundreds of properties but outwardly look is if they would struggle to afford a drink at the bar.

One thing that unites landlords
Given the eclectic range of circumstances and personalities that make up the landlord community many outsiders struggle to make sense of any common ground.  Well I have it.  We don't trust the government.  Are we right to be so sceptical?

Recent experience
Looking at recent experience of governments.  We have one lot that told us that they had put an end to 'boom and bust' and proceeded to oversee the biggest financial melt down in history.  The same lot took us into a pointless war looking for a none existent bogey man in Afghanistan then only to realise they were here living amongst us all along.  Now the new lot want to build a massively expensive train line to 'connect' London to the North to turn places like Stockport and Wakefield into London commuter villages.

One more thought.  If any body below the age of 50 thinks they are going to be able to afford to retire before 70 think again.  Something that all governments don't seem very keen to talk about but something us landlords understand all too well!

Landlord insurance - professional rates - trusted brokers

Rise of overgrounders

The rise of London's overgrounders is a speculative article discussing the increased popularity of areas serviced by the 'ginger line.

Worth a read for London property investors.

Shelter is crying wolf too often

Shelter have managed to grab headlines all over the press again. They are very good at it. Their press officers are presumably ex tabloid press, possibly ex - News of the World.

Following 'investigations', Shelter claim to have uncovered the true scale of 'revenge evictions' going on in the UK.

Well, before I go on, let's just stop there and consider the term - 'revenge evictions' - now that sounds nasty, a bit like 'revenge killings'. How very emotive of them, good work headline writers - sensational, that'll stoke the fires nicely.

Now, let's move on to the figures - which shocked me.

Shelter claim that more than 200,000 tenants live in fear of 'revenge evictions'. No wonder they got plenty of headlines with this one. It sounds awful and something that any sane landlord would consider to be wholly wrong.

So it's worth trying to understand where these figures are coming from, because it sure doesn't reflect my experience of landlords and the way they run their rental businesses. From my experience landlords just want to keep their tenants happy - I mean, who wants to lose a tenant who is paying rent unless they are behaving unreasonably?

Well, it appears Shelter generated these figures from a flimsy online survey, made up from a couple of tick boxes. Oh, internet surveys - they are always so reliable, but hold on, 200,000 that's a lot of care-free mouse clicks, so it must be reasonably reflective.

But no, the figure is extrapolated, from just 4500 people who completed the survey. There is no breakdown of who these people were, how they were sourced, or what sectors of the rental market they came from.

So it turns out, this figure of 200,000 is extrapolated out from just 2.2% of these  four thousand online respondents clicking to agree with a statement of either -

‘I was evicted or served notice because I asked for a problem in my home to be dealt with that was not my responsibility (eg repairs or conditions) in the last year’ or the statement ‘I was evicted or served notice because I complained to my local council about a problem in my home to be dealt with that was not my responsibility (eg repairs or conditions) in the last year’.

Now, it would be interesting to know what kind of percentage of 4500 people would click 'no' to the question "would you like me to give you a free car?" when completing an online survey, whether by human error, irrational act, mistrust of the question or whatever I'm sure they would also be a small percentage.

Now, let's move on to the reason. What drives Shelter to keep wanting to grab headlines by using such sensationalist headlines and 'questionable' statistics and surveys?

Well it's simple, headlines are money. Shelter appear to have realised the more sensational a headline the more coverage they get, and the more the donations fly in. This makes me question the ethics of their press releases, and I'm sure I am not the only one thinking the same.

If the private residential rented sector is to improve then surely it is about working together and not simply calling each other names.

Shelter you are crying wolf too often.

Property prices boom across the nation

The property market appears to be flourishing. Spring is in the air, from North to South.

This BBC footage reportson average UK property price hitting new highs.

Savills is reporting an growth in Scottish prime market sales in Glasgow, Edinburgh and Aberdeen and down in the capital, the Standard declares London house prices have hit an all time high.

Even the Manchester Evening News is mad for a seller rush.

Most of this week property press hysteria has been drawn from the March Rightmove House Price Index.

I'm off to frolick in a meadow.

Creating your property inventory

It's vital that landlords now prepare a property inventory.  Since the arrival of the Tenancy Deposit Scheme has made it essential for any landlord to establish the condition of their property at the start and the end of the tenancy.

To create your own inventory have a look at Property Hawk's free property inventory software.

Using photographic and video evidence in a property inventory can make a valuable contribution to the validity of the evidence.  However, be careful that you don't rely entirely on it. It should always be prepared in conjunction with a comprehensive written inventory.

Landlord insurance - professional rates - expert brokers

Our most popular BTL mortgages

Max LTV	Initial Rate	Term	Completion fee	Booking fee	Incentives	Lender
85%	5.99% Discount	2 Years	2.5%	£130.00	No	Kent Reliance Multi Let & Ltd Co. Semi Exclusive
85%	4.99% Fixed	2 Years	2.5%	£130.00	No	Kent Reliance Semi Exclusive
80%	4.09% Discount	0 Years	£499	£100.00	No	Hanley Economic Exclusive
80%	4.47% Fixed	2016-11-30	2%	£0.00	No	Saffron BS Semi Exclusive
75%	2.84% Fixed	2016-04-30	£2495	£130.00	No	Accord Exclusive
75%	2.99% Fixed	2016-04-30	£2495	£130.00	Free valuation	Accord Exclusive
75%	2.84% Tracker	2 Years	2.5%	£0.00	No	Precise Semi Exclusive
75%	3.79% Fixed	2016-03-31	£995	£0.00	No	Precise Semi Exclusive
75%	3.5% Discount	0 Years	0%	£0.00	No	Hanley Economic Exclusive
75%	3.69% Fixed	2019-05-31	2.5%	£250.00	No	Hinckley & Rugby Exclusive
65%	5.27% Fixed	2016-11-30	2.5%	£0.00	No	Saffron BS Ex-Pat Semi Exclusive
60%	2.45% Discount	2 Years	£1950	£250.00	One free Valuation on properties valued up to £1,000,000	Hinckley & Rugby Exclusive

 

Search the whole BTL mortgage market free

Email: info@propertyhawkbtlmortgages.co.uk 

Tel: 029 2069 5446

Your home may be repossessed if you do not keep up repayments on your mortgages.  

The Financial Services Authority does not regulate some forms of mortgage.

---

Niche buy-to-let finance

Andy Young at Property Hawk Mortgages says:

As the buy-to-let mortgage market has continued to recover, lenders are becoming more flexible in their approach to product design and criteria. As a result there are now some great options for landlord clients who have less mainstream buy-to-let finance requirements.

HMOs and student lets

HMOs and students lets can be financially rewarding for buy-to-let investors because of the potential to receive rental income from multiple tenants in a single property. Property Hawk Mortgages currently places HMO cases with five lenders – Leeds Building Society, Kent Reliance, Paragon Mortgages, Shawbrook Bank and TMW.

TMW has a number of products specifically for HMOs, which are available up to 65% LTV, and will consider up to four tenants on a single AST.


For larger HMOs, Paragon will consider up to twenty tenants on multiple or single ASTs and for landlords looking for higher gearing in their multi-unit investments, Kent Reliance is still proving popular with its 85% LTV products, which are available for properties with up to eight tenants.

Shawbrook Bank has a flexible approach to lending and doesn’t stipulate a maximum number of tenants, instead assessing applications on a case by case basis.

Refurbishment products

Carrying out improvements to a buy-to-let property is a great way for landlords to increase its value and generate higher rental income. Fortunately, there have been some improvements in this niche area of lending and a number of buy-to-let products are available to help landlords with their refurbishment projects.

For properties that require minor works such as a new kitchen, bathroom, windows, doors or plastering, there are some lenders who offer ‘light refurbishment’ products. These include Saffron Building Society, Shawbrook Bank, Paragon Mortgages and Kent Reliance.

Shawbrook Bank has also recently launched a product for ‘heavy refurbishments’ which are defined by the works being completed costing more than 15% of the property value. This would include projects such as an extension, loft conversion, internal configurations or change of use such as converting single dwellings into flats.

Expats

Although it only represents a small portion of buy-to-let mortgage business, British expats will be pleased to know that there are more options available, with both Kent Reliance and Saffron Building Society offering specific Expat products alongside their core ranges. Other lenders such as National Counties and Shawbrook Bank will consider expatriates as part of their standard buy-to-let criteria.

It is encouraging to see lenders extending their product ranges and being open-minded to the non-vanilla requirements of landlords, providing more options when looking for a buy-to-let finance solution.

Search the whole BTL mortgage market free

Email: info@propertyhawkbtlmortgages.co.uk 

Tel: 029 2069 5446

Your home may be repossessed if you do not keep up repayments on your mortgages.  

The Financial Services Authority does not regulate some forms of mortgage.

Property discounts disappear

Property sales discounts according to research done by Zoopla are disappearing fast as the property market hots up.

The proportion of UK residential property with a reduced asking prices is now at it's lowest in 4 years.  Only 27% of properties for sale are now being sold at a discount to their original asking price significantly below the 40% of property back in 2011.

The average discount is now 6.25% of the original asking price (£20,782) down from 6.45% in November.

Free property management software, Free tenancy agreements

Property equilibrium?

Is there such a thing as property equilibrium?  The property equilibrium I refer to is that of slow predictable price changes as demand and supply interact in a semi predictable way.  Well in my mind equilibrium of this type is a long way off.

Counter balancing effect
We now have the counter balancing effect of artificially low interest rates, historically high price to income ratios and a banking system still largely within the control of the public system.  This is in no way normal and certainly remains a long way from a predictable state of equilibrium.

Richer than I thought!
My view, for what it's worth, is that we are still only at the start of the long-term unwinding of a massive house price bubble.  I'd love to be wrong.  That would make me considerably richer than I thought.  Common sense however tells me that with the average house price to earning multiple approaching 6 not far from the historic highs just before the crash in 2008 and rising.  We are a long way from the long-term average of just over 4.

Interest rates rises
As interest rates start to rise to 'normal' levels it will mark a progression on the long road back on the road to residential property equilibrium.  Anybody who thinks that the financial crisis is over is much mistaken.  The reality is that next year when interest rates move of the floor we are only just about to take the first steps back to 'normality' and equilibrium.
 
Free property management software, Free tenancy agreements

Rental yields fall, but heh!

Rental yields are falling according to a report from BTL lender BM solutions.

The fall in yields are as a result of rent inflation not keeping pace with a buoyant housing market. In the second half of last year the average rental yield dropped from 5.6% to 5.5%.

However, its all swings and roundabouts, and most landlords are finding that any fall in rental yield is happily compensated by the increase in the property value.

Phil Rickards, head of BM Solutions, said: ‘Demand for rental accommodation remains strong, and in many regions this is outstripping supply which can lead to an upward pressure on rent prices. However, our figures show that even with increasing rents, the average yield that investors are getting has remained static, which will be driven by the fact that the average price of a typical buy to let property has grown marginally faster that average rents.’

Interest rates on the rise

A senior Bank of England official has revealed that interest rates are expected to rise as early as 2015 bringing to an end a historic run of incredibly low interest rates.  Dr Martin Weale who sits on the MPC (Monetary Policy Committee) maintain that rates could rise as soon as Spring 2015.

The prospect of higher interest rates will put fear into the hearts of many landlords who have grown use to rock bottom interest rates and mortgage payments.

What to do?
Landlords could sit tight and just plan for higher rates whilst putting aside money to give them a future financial cushion.  Alternatively, they could look to fix their interest rate by transferring to a fixed rate mortgage.  If you are looking at locking in to low rates make sure that you minimise the cost of the new mortgage and that you lock into the fixed reduced rate for the maximum length of time, otherwise the set up cost of the transaction will not be worth it.  Always do your research to ensure that long-term you will be better off!

Mortgage Search - fix my rate

Landlording a 'cottage industry'

Despite the image sometimes portrayed in the media of the big Rachman style landlords who exploit their tenants mercilessly it appears that the reality is nothing like this.  In reality the landlord community is a bit of a cottage industry.

Just 6% of landlords own more than one property.  In addition the research shows that over half (56%) of all landlords live within 10 miles of their rental properties. 

The north-east has the highest proportion of landlords (86%) that live within 25 miles of their rental property.

Landlord insurance - expert brokers - internet rates

Upcoming property auctions

More property auctions in the coming week.

• Cheffins, Cambridge, 12th March starts at 2.00pm.
• Watts and Morgan, Bridgend 15th March.
• BRG Gibson, Belfast, 18th March.

Tune in via here

Landlord Insurance - professional rates 

Our most popular BTL mortgages

Max LTV	Initial Rate	Term	Completion fee	Booking fee	Incentives	Lender
85%	5.99% Discount	2 Years	2.5%	£130.00	No	Kent Reliance Multi Let & Ltd Co. Semi Exclusive
85%	4.99% Fixed	2 Years	2.5%	£130.00	No	Kent Reliance Semi Exclusive
80%	4.09% Discount	0 Years	£499	£100.00	No	Hanley Economic Exclusive
80%	4.47% Fixed	2016-11-30	2%	£0.00	No	Saffron BS Semi Exclusive
75%	2.84% Fixed	2016-04-30	£2495	£130.00	No	Accord Exclusive
75%	2.99% Fixed	2016-04-30	£2495	£130.00	Free valuation	Accord Exclusive
75%	2.84% Tracker	2 Years	2.5%	£0.00	No	Precise Semi Exclusive
75%	3.79% Fixed	2016-03-31	£995	£0.00	No	Precise Semi Exclusive
75%	3.5% Discount	0 Years	0%	£0.00	No	Hanley Economic Exclusive
75%	3.69% Fixed	2019-05-31	2.5%	£250.00	No	Hinckley & Rugby Exclusive
65%	5.27% Fixed	2016-11-30	2.5%	£0.00	No	Saffron BS Ex-Pat Semi Exclusive
60%	2.45% Discount	2 Years	£1950	£250.00	One free Valuation on properties valued up to £1,000,000	Hinckley & Rugby Exclusive

 

Search the whole BTL mortgage market free

Email: info@propertyhawkbtlmortgages.co.uk 

Tel: 029 2069 5446

Your home may be repossessed if you do not keep up repayments on your mortgages.  

The Financial Services Authority does not regulate some forms of mortgage.

---

More property auctions tomorrow

More property auctions tomorrow, Tuesday the 11th of March.

• Barnard Marcus, London starts at 10.00am.
• Romans, Bracknell starts at 1.30 pm.

Tune in via here

Landlord Insurance - professional rates 

Property Property Property for sale

Looking at adding to your property portfolio.  Allsop has just released their property auction guide for March.  There is plenty of choice with over 300 lots.

If you are thinking of buying a property at auction then don't forget to read our auction guide.

I always think that some of these London auctions are worth a bit of a punt if you are looking at picking up a regional property bargain.  Why?  Most people attending them will be from London looking at bidding on the London and SE property and know nothing about and are not interested in property outside the M25.  If you know your market you could end up with being the only person bidding for that property in the room and assuming there is no ridiculous reserve you could really walk away with a bargain.  The counter view is that the London auction audience think that a property in Doncaster is so cheap that they can't believe it and buy it just because they can pay for it with their small change.  If you are not in though you can't win!

Free property management software, Free tenancy agreements