Buyers can sometimes be shocked to discover additional costs associated with purchasing a property particularly if experiencing the process for the first time. Settling a realistic budget for the total costs is a critical first step to ensure that there are adequate funds available. Here are a
How should I measure returns? Successful property investors tend to calculate returns from property using a simple net return calculation. A gross rental return is the total amount of money your tenant pays you for residing in your property. Your actual net return (or pre-tax) profit – is what
Planning your portfolio Investing in property is a journey and if you are starting a portfolio or indeed growing one it is vital to have an idea on what you plan to achieve. It is essential to have a flexible timeline in terms of how
Selling and purchasing property is for many one of our biggest considerations. The Chancellor’s current slash in stamp duty for first time buyers is expected to see a welcome encouragement for many and help with movement in the local market. With a large number of properties on
Many people do dream of a calm, organised home and staging it as such can bring huge benefits and can help sell your home. When you have lots of physical possessions in a home this can cause a feeling of stress and can be overwhelming. Clutter
Letting your property or home as a first time landlord can be a daunting task and there are important considerations before putting it on the rental market. Preparing your property You should undertake any maintenance which needs to be done. Your property will be more
Whether looking for a new home or an investment, good renovation projects in the right location and at the right price can be hard to find. Here are ways to increase your chances of finding a successful project: When prices rise, buyers on a budget
Once a prospective purchaser decides to view a home, first impressions are critical, so the viewing needs to go as smoothly as possible. Are you a buyer?: Show respect It is important to show the property the same level of respect you would expect someone
Are you ready? From next month, April 2017 mortgage interest tax relief will start to be restricted to 20% for all buy to let landlords. The relief could affect landlords who are basic rate and also higher rate tax payers. The changes will impact in
Talk, read and get educated… Then plan If you are interested in investing in property, you should approach someone who is experienced in doing it successfully. Also educate yourself on the basics through reading and possibly also attending property investment meetings. In Chester we have a
