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Video 21/30 - 7 Top Tips to Refinance Your Investment Property Like a PRO!

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I have purchased rather a few properties in the last few years, all of which I have added substantial value to. Naturally it's key to refinance in order to take some of that newly created equity out. I thought I'd share 7 Top Tips with you, so here we go!

Remember - if you're looking to acquire an investment property and you need help, drop me a line and let's start the conversation. Whether you would like to have me help you acquire your next property or whether you would like a more hands-off investment, there's never been a better time than now to enter the market. I am currently fundraising for further projects so if you have savings in the bank that are not earning enough get in touch to see how you can earn 10x returns.

All done and LET at £3225pcm - East Surrey Grove SE15

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Well another successful refurbishment has been completed, and it's about time I tell you a bit more about it.
This particular property was much unloved, as you probably noticed in the previous video I did when I acquired it. Good news, the refurb is complete and went without any hitches; completed largely on time and no snags worth mentioning at all! Best yet, I had a group of tenants waiting to move in as the builders removed their tools on their last day because they had missed out on the last refurbishment project I did in Peckham.
So here are a few before and after pictures to wet your appetite. 






















Look at the complete video here.


I am currently raising further funds for my next project in the pipeline. Are you looking to increase returns on your savings through passive investment in one of my projects? Perhaps you are looking to learn how to invest for yourself? Get in touch: jeroen@claphampropertyblog.com!

7 Reasons Why Clapham Buy To Let Landlords Shouldn’t Be Criticised

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There is no escaping the fact that over the last couple of decades, the rise in the number buy to let properties in Clapham has been nothing short of extraordinary. Many in the “left leaning” press have spoken of a broken nation, the fact many youngsters are unable to buy their first home with the rise of a new cohort of younger renters, whom have been daubed ‘Generation Rent’ as landlords hoover up all the properties for their buy to let property empires. Government has been blamed in the past for giving landlords an unfair advantage with the tax system. It is also true many of my fellow professionals have done nothing to avail themselves in glory, with some suspect, if not on some rare occasions, downright dubious practices.

Yet has the denigration and unfair criticism of some Clapham landlords gone too far?

It was only a few weeks ago, I read an article in a newspaper of one landlord who had decided to sell their modest buy to let portfolio for a combination of reasons, one o…

2.6% Drop in the Clapham and Lambeth Property Market

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The number of residential property transactions in Lambeth will be 2.6 per cent lower in 2018, compared to 2017.

According to my research, the seasonally adjusted statistics for our local authority area suggest with the number of properties already sold in 2018, and the number of properties currently under offer or sold subject to contract (allowing for property sales to fall through before exchange of contracts) we, as an area, will end the year 2.57 per cent lower compared to 2017.

So why are transaction numbers so important to Clapham homeowners, Clapham landlords and potential first-time buyers?

Many economists and property market commentators believe transaction numbers give a more precise and truthful indicator of the health of the property market than just house values. In the six years before the Credit Crunch in 2007/8, the average number of completed property transactions in the local area (the local authority covered by Lambeth) stood at 5,896 per year .. yet in the three…

76 Days to Sell a Property in Clapham

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Whether you are a Clapham landlord looking to liquidate your buy to let investment or a homeowner looking to sell your home, finding a buyer and selling your property can take an annoyingly long time. It is a step-by-step process that can take months and months. In fact, one of the worst parts of the house selling process is the not knowing how long you might be stuck at each step. At the moment, looking at every estate agent in Clapham, independent research shows it is taking on average 76 days from the property coming on the market for it to be sold subject to contract.

But trust me ... that is just the start of a long journey on the house selling/buying process. The journey is a long one and therefore, in this article, I want to take you through the standard itinerary for each step of the house selling procedure in Clapham.

Step 1 – Find a Buyer

You need to instruct an estate agent (of course we can help you with that) who will talk through a marketing strategy and pricing str…

Value of Clapham Property Market falls £29.4m

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The combined value of Clapham’s housing market has fallen by £29,400,762 in the last 6 months, meaning the average value of a Clapham property has decreased in value by an average of £7,222.

This is great news for Clapham first time buyers and Clapham buy to let landlords, as there is a slight hesitation in the market because of the uncertainty over Brexit. As I have always said, investing in Clapham property, be it for you to live in or as a buy to let investment, is a long-term game. In the grand scheme of things, this minor change over the last 5 or 10 years is nothing.

The RICS’s latest survey of its Chartered Surveyor members showed that nationally the number of properties actually selling has dropped for the 16th month in a row. Locally in Clapham, certain sectors of the market are matching that trend, yet others aren’t. It really depends which price band and type of property you are looking for, as to whether it’s a buyers or sellers market.

The RICS also said its membe…

Clapham Property Market – How Does It Compare Historically to the Greater London and National Property Market’s?

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Living in our own homes or owning buy to let property in Clapham and the surrounding areas, it’s often easy to ignore the regional and national picture when it comes to property. As a homeowner or landlord in Clapham, consideration must be given to these markets, as directly and indirectly, they do have a bearing on us in Clapham.

Locally, the value of property in Clapham and the number of people moving remain largely steady overall, although looking across at the different regions, there are certainly regional variations. Talking to fellow property professionals in the posh upmarket central London areas of Mayfair and Kensington, the number of people looking to buy and registering interest with agents is continuing to climb after 18 months in the doldrums, whilst in other parts of the UK, there is restraint amongst both buyers and sellers in some locations.

The things that affect the national property market are the big economic numbers. Nationally, over the last few months, thank…

‘Taxing’ Time for the 3,159 Clapham Buy To Let Landlords

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Over the last twenty years, there has been a shift in the way the Clapham (and the UK’s) property market works. In the 1960’s, 70’s, 80’s and 90’s, a large majority of twenty somethings saved up their 5% deposit, went without life’s luxuries of going out and holidays etc., for a couple of years and then bought their first home with their hard earned savings.

By 2000, 29.3% of Clapham 25 to 29 years owned their own home (compared to 46% Nationally (and 40.9% of Clapham 30 to 34 year olds in 2000 owned their own home – again compared to 64.2% nationally) whilst the remaining youngsters mostly rented from the Council and in some rare cases, privately rented.

Now it’s 2018, and those levels of homeownership have slipped dramatically and now only 15.6% of Clapham 25 to 29 year olds own their own home and 27.5% of Clapham 30 to 34 year olds own their own home.


There was concern in Government since the late Noughties that this shift from homeownership to private renting wasn’t good for t…

What Will Happen to Clapham Property Values if Interest Have Risen?

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The current average value of a property in Clapham currently stands at £851,200, so what will the recent increase in the base rates at 0.75% do to the local property market (especially property values)? In many of my articles, I talk about what is happening to property values over the short term (i.e. the last 12 months or the last 5 years), but to answer this question we need to go back over 40 years, to 1975.

The average value of a Clapham property in 1975 was £41,208

However, since 1975, we have experienced in the UK, inflation of 807.5%.

Back in 1975, the average salary was £2,291 and average car was £1,840. A loaf of bread was 16p, milk was 28p a pint and a 2lb bag of sugar was 30p. Inflation has increased prices, so comparing like for like, we need to change these prices into today’s money. In real spending power terms, an average value of a Clapham house in 1975, expressed in terms of today’s prices is £374,011.

That means in real terms, property costs a lot more today, th…

New Home Building in Clapham and Lambeth over the last 10 years

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Should you, as a landlord for buy to let or for personal occupation, buy a brand-new home?
Well, let’s start by looking at the numbers …

Over the last 10 years, 3,715 new homes have been built in the Lambeth Borough

That is a lot of bricks and mortar! Roll the clock back twenty years in the Clapham property market, and there were two distinct camps of property buyers - folks who would only contemplate living in period character properties with their original fireplaces and beams, and those people who preferred the low maintenance of a new home. Old period homes were ridiculed as money pits by new-home aficionados, while new-home owners were accused of buying boring boxes, all vanilla, all the same, homogenous and bland.

However, it’s not as black and white as that anymore – or not as I see it in Clapham. New homebuilders are now trying to change their cookie-cutter uniform rows of suburban boxes into developments that are as individual as the families that love in them, thus increas…

The Clapham Bank of Mum and Dad Lent £7.82m Last Year

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My analysis has shown that up to the end of the last quarter, Clapham first time buyers purchased 221 Clapham properties. With wages rising at 2.8%, unemployment at a low rate of 4.2% (down from 4.6% from a year earlier and the joint lowest since 1975), national GDP rising at 1.87% and inflation at 2.3%, tied in with indifferent house price growth (compared to a few years ago), this has given first time buyers a chance to get a foot hold on the Clapham property market.

Over the last year, the average purchase price of a Clapham first time buyer property has been £500,300 and the average deposit was £81,049. Furthermore, my calculations show the average Clapham parents contributed £35,459 of that £81,049 figure.

You see “The Bank of Mum and Dad (Clapham Branch)” is for countless Clapham twenty something’s, perceived to be the only way they will ever be able to afford their first home. In fact, Clapham parents put up a substantial £7.82m in the last 12 months to help their nearest a…

£534,838 – The Typical Profit Each Clapham Landlord Could Make in The Next 25 Years

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I am of the opinion that buy to let investment in Clapham, in the long-term, will bring substantial returns for landlords, irrespective of latest regulation and tax changes.

Taking a very conservative (with a small ‘c’) view, I believe landlords will see a projected net profit of £908,044 per property over the next 25 years through capital gains and rental. When inflation is taken into account that works out at £534,838 (in today’s money) or around £21,394 per year. The breakdown applies to a basic tax-paying landlord placing a characteristic 25% deposit on a £123,600 apartment.

Capital gains make up a substantial part of a landlord’s returns. Again, being conservative, I have assumed that Clapham house prices over the next quarter century (between 2018 and 2043) will rise at half the rate they did between 1993 and 2018 (the preceding 25 years), therefore the example Clapham property in the previous paragraph would grow in value to £385,762, providing gross capital gains of £262,1…

Additional 2,373 Clapham Rented Homes Required by 2027

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I have been doing some research, looking both at National and Regional reports on the demand and supply of property and people together with future projections on the economy, population and family demographics with some interesting results. According to the Office of National Statistics, in the last financial year nationally, private renting grew by 74,000 households, whilst the owner occupied dwelling stock increased by 101,000 and social (aka council and housing association) stock increased by 12,000 dwellings.

It was the private rental figures that caught my eye. With eight or nine years of recovery since the Credit Crunch, economic recovery and continuing low interest rates have done little to setback the mounting need for rented housing. In fact, with house price inflation pushing upwards much quicker than wage growth, this has meant to make owning one’s home even more out of reach for many Millennials, all at a time when the number of council/social housing has shrunk by …

Will the Clapham Property Market Crash?

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And if it does ... who will be the winners and losers?

Those Clapham people wanting property values to drop would be those 30 or 40 something’s, sitting on a sizeable amount of equity and hoping to trade up (because the percentage drop of your current ‘cheaper’ property will be much less than the same percentage drop of the more expensive property – and trading up is all about the difference). If you have children planning to buy their first home or you are a 20 something wanting to buy your first home – you want them to drop. Also, landlords looking to add to their portfolio will want to bag a bargain (or two) and they would love a drop!

Yet, if you have recently bought a Clapham property with a gigantic mortgage, you’ll want Clapham property values to rise. If you are retired and are preparing to downsize, you will also want Clapham property values to rise (because you will have more cash left over after the move). Also, if you, a landlord looking to sell your portfolio or a Cla…