PMA Latest News
Interview: Jayne Owen / Words: Angharad Owen
In this article with Mark, Jackie and Peter, we talk about their individual property experience, their approach to their new combined business and their thoughts on property investing in general.
Whether you’re considering a house or an apartment, let’s take a look at the pros and cons of buying new builds and off plan developments as investment properties.
Last week, the Bank of England announced it was raising its base rate from 0.5% up to 0.75%. This is only the second base rate rise in a decade, and financial advisors are busy calculating the impact it’s going to have on mortgages, savings and the property market.
In November 2017, the government made many first-time buyers exempt from paying stamp duty land tax in England, Wales and Northern Ireland.
With the best will in the world, you’re are not going to want to do business with every person you meet.
Buying a hotel is out of the question for most of us. But buying a hotel room can be an attractive proposition as it gives you a foot in the door of a high yielding industry.
Most property investors will stash away a certain amount of cash in reserve. That way, they can deal with any unexpected property expenses that come their way.
Demand for property in the UK is increasing – and supply isn’t keeping pace.
Data from ARLA Propertymark revealed a rise of 8% in March this year of tenants looking for property, and the same data showed that in the same month, 23% of tenants experienced rent rises – the highest proportion since September 2017.
Knowledge is power. Why? Because you need to understand property pricing before you can put in a realistic offer.
Off-plan and new builds
Land, build costs and profit margin are the main elements that go into the pricing of a development and determine the cost of off-plan and new builds.
Launched in April 2013, the Help to Buy scheme was created to help those with small deposits to buy a new home.