Posts

What can and can't a landlord do in times of a pandemic?

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So the question du jour is really - how to comply with our property management obligations (e.g. inspections, gas safety checks, and repairs) while respecting social-distancing and self-isolating tenants...???

Well, in all circumstances non-essential things should be avoided during a lockdown, such as routine inspections. If it's a major thing though like a leak (water or gas) it's best to get it seen to promptly but respect the social distancing guidelines as laid out on the government website. Engineers should be wearing PPE, distance themselves from occupants, and so on.

There's no get-out-of-jail card with expired gas safety certificates, unless you've made a good few attempts and you can't get an engineer in because a tenant is self-isolating and so forth. Keep written records in case of any comeback of course.

Repairs, well same thing really: "landlords remain legally obligated to ensure properties meet the required standard – urgent, essential health an…

The merits of a periodic tenancy during a COVID Crisis

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Well this is a short topic - there’s none!

As my colleague investor discovered when a portfolio he purchased (literally just a week before this all kicked off), statutory periodic tenancies allow a month’s notice from the tenants’ side, so basically it’s left him with a load of empty rooms which he can’t view during the notice period, and likely voids after this lockdown we find ourselves in.

You may need to refer to my previous video slamming periodic tenancies; personally I would never allow a tenant to go periodic because I want to retain control of when my properties might come back to the market. After all, I want the best returns. I want the easiest life, so I choose to let my properties during the peak (in terms of demand and hence price) of the year.


So what happened In this instance? A lot of these properties were let on a multi-let (room-by-room) basis, and as it happened they were initially let on a fixed term which had since expired, so they were are “holding over” on a mo…

What can landlords and investors do in times of (Corona) crisis?

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Wow, just wow. That’s the feeling I have at the moment. The world, not just the UK, has been taken by storm. Such incredible, drastic measures have never been seen before, with everywhere I look trade has been affected. Restaurants, bars, places of worship; everything has been forced to close and people are banished to their homes en masse. It’s for good reason that I’ve not spoken out as yet, I’m still taking it all in - and the letting landscape is changing on an hourly basis!

What does this mean for you as a landlord?
Financial - Well, for starters your tenants’ employment may be affected. Do they still have a job? Will they be able to pay their rent? I for one have sent out my sympathy to all tenants and asked to reach out in confidence if they have been affected, this to preempt any cash flow issues when mortgages need to be paid. To further preempt I have asked all my mortgage lenders for a payment holiday just in case I will need it further down the line, this to buffer my cash …

I've been robbed, and this is what I'm doing about it!

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My hatred for energy companies has been reignited. So much so I did a video about it...





If you're just as fed up of being ripped off as I am then sign up through this link.
Try Bulb, I've switched all my properties to them! If you sign up through this link you get £50 credit on your first bill too; in fact we both get £50 so it's a win/win!

I hope you enjoy my content. If you are looking to dive in to the wonderful world of property investing then do reach out to me via email or get in touch via my social media channels. I offer coaching, mentoring and more so be sure to check out my website www.jeroenhoppe.com for more information on what I can do to help you.


220,000 less landlords in the PRS 😱😱😱

Hamptons claims there are over 220,000 less landlords in the PRS due to the impact of policy changes.
So what does that mean...?
For those of you that read my 30%APR Store card story you will know exactly what I’m on about. It’s been popular for a few years now to bash “evil, fatcat, money-grabbing” landlords. The powers that be have cottoned on to this and, targeting the younger voters, responded with tax increases, increased regulation and generally landlords got a negative vibe from Parliament, this probably to promote the widespread idea that homeownership is a must for most. Shame! 
What has happened is exactly as predicted really. Younger voters are keen because hey, who wouldn’t want a stab at the people who you’re paying this rent to, right? The attack on the PRS has left many a battle scar, but before I go into that I would like to take a moment and thank the government for the Help to Buy system. Under this scheme the government will loan a substantial chunk of the buyer’s …

I don't care about your pretty pictures on Instagram!

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There, I've said it, I literally do not care. One iota. Well maybe just one, it's a pretty picture so it will look great on your instagram right??

Wrong. (Prefer video? -->https://youtu.be/iuGnugWB4FY)




What looks good to a property person is numbers. Cold hard cash is what gets me going. Don't get me wrong, I love the excitement of a new project. I love seeing it all come together. And yes I have a loving relationship with interior design trends which I like to incorporate just like the next person.


In this day and age sex sells, and sexy pictures get likes. Attractive pictures of amazing co-living spaces are very nice to look at and do well on ye old facebook, linkedin and instagram feeds for sure! But does that make a good developer? Maybe you shouldn't be looking to JV with those that are posting great pictures on social media sites without having a good look at their spreadsheets first.

You see, spreadsheets and numbers, that's what it all comes down to in p…

Why I hate Central London

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In this episode I summarise my HMO valuation and why I hate central London...


Click here for the video:https://www.youtube.com/watch?v=L5vqH4rQs44



I hope you enjoy my content. If you are looking to dive in to the wonderful world of property investing then do reach out to me via email or get in touch via my social media channels. I offer coaching, mentoring and more so be sure to check out my website www.jeroenhoppe.com for more information on what I can do to help you.



Firefighting on the go

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Another day, another dollar - this episode captures me firefighting on the (school run) with a flat measured up and a podcast recorded.

Click below to watch the video:

https://www.youtube.com/watch?v=GHf1CXShuKg


I hope you enjoy my content. If you are looking to dive in to the wonderful world of property investing then do reach out to me via email or get in touch via my social media channels. I offer coaching, mentoring and more so be sure to check out my website www.jeroenhoppe.com for more information on what I can do to help you.

It _IS_ big enough, surely!

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It is certainly big enough, or so I think....

Follow me during another day of fun and property investing!

https://www.youtube.com/watch?v=HOns0lhpKPk



I hope you enjoy my content. If you are looking to dive in to the wonderful world of property investing then do reach out to me via emailor get in touch via my social media channels. I offer coaching, mentoring and more so be sure to check out my websitewww.jeroenhoppe.com for more information on what I can do to help you.

I stopped dealing with idiots in business after this!

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I had a terrible day... just idiot after idiot. STOP! I had to record this video...


Check out the video here: https://youtu.be/uXdwK5binYk




I hope you enjoy my content. If you are looking to dive in to the wonderful world of property investing then do reach out to me via emailor get in touch via my social media channels. I offer coaching, mentoring and more so be sure to check out my website www.jeroenhoppe.comfor more information on what I can do to help you.

Property investing isn't just about counting the cash!

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Join me on my hectic day of running around, and not just counting cash!

https://www.youtube.com/watch?v=pHH5pJJElRA



I hope you enjoy my content. If you are looking to dive in to the wonderful world of property investing then do reach out to me via emailor get in touch via my social media channels. I offer coaching, mentoring and more so be sure to check out my website www.jeroenhoppe.comfor more information on what I can do to help you.

Why the tenant fee ban is the 30%APR Store card of the 21st century

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So we’ve had the tenant fee ban for over 6 months now. Let’s have a look at some feedback from people in the industry. 
Watch my video rant here:https://youtu.be/uw2VLOLsSAY


Letting agent body Arla Propertymark warned in May 2019 that rents would rise by £103 a year as agents and landlords sought to recoup lost revenue. They’ve had more red tape imposed on them; more effort more costs - and rightly so rents are increased.... Another problem that my fellow agents leaped in the air about was that tenants would be putting in many applications because the cost to do so is minimal compared to now. Most agents take £1000, now this is reduced to a maximum of 1 week's rent. I have yet to come across any hard data that suggests that tenants have put multiple applications in with multiple agents only to choose the best property at their leisure, a week's rent is still a week's rent and in an expensive market such as London that's still a lot to lose (although in my agency days I&…

Assessing properties for the Rent to Serviced Accommodation strategy

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Join my business partner Daniel and I as we take a look at some of the properties that we are going to offer as short lets!

Click here: https://youtu.be/8nZ_8y2xYQw




I hope you enjoy my content. If you are looking to dive in to the wonderful world of property investing then do reach out to me via email or get in touch via my social media channels. I offer coaching, mentoring and more so be sure to check out my website www.jeroenhoppe.com for more information on what I can do to help you.

How to invest in property with £10,000

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Exciting times As you'll know from previous posts property management is now at the forefront of my priorities. Long term lettings has always been on the radar, but this year Daniel and I have taken the plunge and started offering short-term letting services also. A great additional string to the proverbial bow.

What have we done? We had taken on a few apartments in E14 (I know, it's not south of the river, but needs must) in order to test them on a short-letting basis. With us being outside of that locale it was key for us to partner up with a reliable person with ample experience to be on call for the day-to-day things: cleaning, check-ins, check-outs, ejecting party revellers and so forth. Thankfully our network is vast and we found the right person for the job! Once we secured the properties the keys were handed over, the properties prepped and listed on the sites ready for bookings. We have been running them for 6 months now and have had an average occupancy rate of 85% an…

The truth about HMOs - with Rod Turner

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Another day, another podcast! Glad to welcome fellow investor and friend Rod Turner on to the #DownToSouthLondon podcast this time; we frankly discuss the ins and outs of HMO investing, in South London and beyond.
Click here to listen to the podcast. https://podcasts.apple.com/gb/podcast/down-to-south-london/id1471978277

I hope you enjoy the podcast. As always, If you are looking for help with your property investments please feel free to reach out to me via email. Also, if you are interested in more information on property letting and investmentsdo head over to my youtube channel.

I never wanted to run a business again!

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Well not a "proper" one at least... I have my investment properties largely in a limited company, which I guess, is a business. One that gives me a semi-passive, recurring income without requiring a heap of my time. Well having taken over an existing management portfolio has been everything but passive. Daniel and I have been working very hard to sort out the problems the previous managing agent had left behind for us - just a brief overview of some of the problems we've dealt with in the last few weeks:

Tenants locked the WC door from the insideDripping tapRadiator not workingBroken washing machinesBlocked shower drains (and the tenants kept on showering causing flooding and collapsed ceilings below 😱)No internet because the previous utility company had cut it off rather than waiting for us to switch it over.
So why the sudden change? Well there's opportunity. Daniel and I have been great working together on our WeSourceLondon.Properties brand and we've sourced…

Busy with Management - in a good way!

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A good month has gone by without a blog post; you can certainly tell I've been busy! Over the next week I'll release a few articles on my latest acquisitions, but thought I'd just release a brief overview to start with and then dive into a bit more details over the coming articles.
Acquisition of an existing management portfolio in Southwest LondonTaken on 2 more managed properties since the beginning of this monthTaken on a permanent office with staffTaken on 3 further units to manage on short-let basis So firstly about the brand - WeManageLondon.Properties - does what it says on the tin, really. Why the "."? well the name serves as a website address at the same time, so more for convenience.

The existing portfolio is a combination of managed properties for landlords who just want us to manage the tenancies for them and those that prefer a "guaranteed rent" solution, so invariably I will be letting by the room. The area lends itself very well to that b…

Short leases - danger or opportunity?

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I have invested in leasehold properties primarily - an area I would like to think I know a fair bit about, yet we all find ourselves the student still in most parts of our lives. My learning experience was an expensive one when I tried to extend the lease on a property I bought at auction in 2017; the lease took 11 months to extend at a cost nearly double what I thought it was going to be! Sadly this is down to me simply taking a risk too great, and I ended up making very little money on this particular project. I should have risked less, but "you can't win them all" as they say so I used this as a learning experience and moved on.

The other part of leaseholder woes is the excessive charges. Ridiculous charges for things like consents built in to the leases, blatant back hand agreements that Freeholder X uses managing agent Y to manage (and funnily enough the directors of both companies are one and the same), the list goes on...! A good friend of mine Stefania recently h…

Build to rent - can it be done in South London? Rohit Chopra does it with great success

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On today's episode of the #DownToSouthLondon Podcast I interview Rohit Chopra. Rohit has been in property for longer than me and he has made a local success in Peckham! Coming from a retail background he moved over into property and over the years expanded his commercial and residential portfolio in South London. A truly inspiring story! I was lucky enough to be show around the development he currently has going on and I can say it's a very impressive build in terms of size, number of units and sheer work put in to it all. Rohit is a very humble man but don't let that fool you, his journey is one to learn from. Build to rent is his main strategy, see what you can pick up from his interview. Click here to listen to the podcast.



Show notes:

01:00 intro and Rohit's background
03:16 Transition from retail to property
05:30 How to decide what to build on the site
07:00 Where did you find the knowledge from to build?
09:12 Natural progression into bigger and better and the p…

The sneaky update the government didn't want you to know about!

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For those of you who are keen, hands-on landlords you will no doubt be aware of the need to serve your tenants with a plethora of government approved bumf to make sure that you are acting in accordance with the law.
These things include:

Valid gas safety certificateEPCDeposit information leafletDeposit protection CertificateTenancy Agreementand of course the "How to Rent" booklet published by the government
Now it's the last item on that list which is key today. It's of paramount importance that you serve THE MOST RECENT ONE at the time of you issuing the agreement. Failure to do so will cause lightning to strike and all manner of other things to happen, but most pertinently you will lose your right to serve a section 21 notice. Now when did these changes occur you ask? Well, the current published version at  https://www.gov.uk/government/publications/how-to-rent indicates that the version is dated May 2019. However, since then there have been changes made, most rece…

Property investing - easy way to make cash, right?

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I've just put together another light-hearted "Day in the Life of" video on my youtube channel. Be sure to head over there and check it out, I'll tell you more about the hard work that goes on behind the scenes. Property investing isn't just about counting the cash, you know!

A very special thanks to my good friends James Gallagher, Daniel James Dennis, Christian Broere and Sam Hill for featuring in this video! 




As always I'm happy to help you so do reach out via email. I love to help other investors old and new find their way in the myriad of strategies that are available. Are you looking for coaching, mentoring or simply after a sourced deal? Do check out my personal website to choose a package for you!

Ro Sharma and his HMO Development in South London

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We are LIVE! Many of you have already downloaded and subscribed to the #DownToSouthLondon Podcast, but for those of you that haven't yet - here is a taster. Ro is a good friend of mine and he kindly took the time out of his day to come on the show to talk about his latest HMO Development in Croydon!
If you would like to hear more episodes subscribe to the Podcast on Spotify or iTunes!



As always I'm happy to help you so do reach out via email. I love to help other investors old and new find their way in the myriad of strategies that are available. Are you looking for coaching, mentoring or simply after a sourced deal? Do check out my personal website to choose a package for you!

#DownToSouthLondon - the new property podcast by Jeroen Hoppe

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Another exciting month has gone by. I've worked on a few things this month, notably another episode for my "day in the life of..." series on my YouTube Channel - please check it out if you haven't already.

The other thing I've been working on is the #DownToSouthLondon podcast. I've been asked by many of my readers whether I'd be interested in recording one, so I went ahead and interviewed some close friends/colleagues to document what they're doing in an audio format. Stand by, more details to follow later this week once it hits the iTunes store!

As always I'm happy to help you so do reach out via email. I love to help other investors old and new find their way in the myriad of strategies that are available. Are you looking for coaching, mentoring or simply after a sourced deal? Do check out my personal website to choose a package for you!

Vlog Episode 2 - A Day in the Life of a Full-Time Property Investor

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Off to Battersea today - we had a stab at recording the #DownToSouthLondon Podcast! Had a look at a portfolio of managed properties together with Daniel Dennis (Partner in my sourcing business WeManageLondon.Properties) and it turned out to be rather challenging!! Click this link to see the video!






Remember if you are looking to step into property investment, be it part-time or full-time do reach out to me. Happy to help of course and assist you to make your property investment more profitable. Reach me on jeroen@claphampropertyblog.com

Tips for Investors Video Series 24/30 - Letting your property at the right time?? Are you really?

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So when do you let your properties. If the answer is "when they are available" you may be lacking some planning. Here's a great video that tells you my take on things!
Remember to subscribe to my youtube channel (hit the bell for notifications)!




As always I love feedback, comments and so forth so do get in touch if you're interested to speak further. On that note I have some interesting opportunities for sophisticated investors - if you are looking to invest in property and are looking for good returns then please drop me a line and start the conversation; I have a few projects which need funding and I am still looking for an investor in order to get it off the ground.

Tips for Investors Video Series 23/30 - Dealing With Deposit Deductions (Fairly!)

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Oh here we go, another year down and you need to return some deposit monies! Sometimes we'll need to make deductions so here's a neat video on how to deal with things fairly!
Remember to subscribe to my youtube channel (hit the bell for notifications)!




As always I love feedback, comments and so forth so do get in touch if you're interested to speak further. On that note I have some interesting opportunities for sophisticated investors - if you are looking to invest in property and are looking for good returns then please drop me a line and start the conversation; I have a few projects which need funding and I am still looking for an investor in order to get it off the ground.

Vlog - a day in the life of a Full-Time Investor

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Not a day goes by without people saying that they would love to invest in property. Of course, I hear this all the time because property is what I eat, sleep and breathe regularly! Little do people know that being a full-time investors does come with its perils. I'm quite hands-on and I self-manage - admittedly because I've been doing this for over a decade it doesn't require a lot of time from my part, but sometimes I do have to jump in the car and see things with my own eyes.

This was no exception. I've put together a little video for your viewing pleasure to depict "A day in the life of..." A little bit light-hearted and gives some insight into the reflection I have to do with the information I receive from various sources... and yes, a lot of traffic!


Enjoy! Click the preview below or this link to start the video.




Remember if you are looking to step into property investment, be it part-time or full-time do reach out to me. Happy to help of course and assi…

Comparing returns on your investments - Savings, ISAs or property?

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Wow it's been a whirlwind of a month. Those of you following me on LinkedIn and Facebook will no doubt have kept abreast of the various property meetings I've been going to. I've discussed at length people's strategies when it comes to getting good returns, and I must say that there is a very wide range of investments returns that people are happy with (all dependant on the risk involved).
One key thing that came up is that none of the people I spoke to considered the "rate of payback" on their investment. By and large all of them worked on the presumption that having assets was the most preferable strategy - this is why they came to talk to me in the first place, primarily because of my asset-heavy investment strategy. My desired period of holding a property is of course, forever!
Let's however consider a few things. I had mentioned in a previous post that there are various options when investing in property - it doesn't have to be by purchasing ass…