Property Masterclass - investment special! - Tuesday 26th January 8pm-10pm
Come and learn all about real investors and how they buy
property, using finance, their own money or other people's money!
Good line up as usual. FREE as usual and some refreshments WINE for the
brave non-conformist types....
Urban Village 121 Denmark Hill SE5 8EN - near kings
college hospital and Denmark Hill station Tuesday 26th January '16 8-10pm
Here's the lineup:
explains some advanced techniques for purchasing properties - including
strategies to obtain 100% financing and ways to avoid new stamp duty
increases. Paul has been investing and developing property since 2013 and
has built a large HMO and development portfolio without having to use his
own funds or give up his day job. firstname.lastname@example.org://uk.linkedin.com/in/psimms
Daryl Weston of Discover Property buying agents -
specialists in property acquisition, development and investment. Working
exclusively for buyers, their extensive network of industry contacts
enable them to source the best properties on and off-market.
Last but not least our resident finance guru Brian
Northfield of Barlow Barton. Advising clients since 1974. Has the insider
knowledge on finance and looking after your wealth in general - or at
least striving towards wealth! Brian@barlowbarton.co.uk
Very happy and settled in the new agency. So far we've let
6 properties and have 2 sales underway. It's been terrific. Lots of
positive ideas and plans for 2016. I found a Saturday person, thanks
for your help! See you all on the 26th! Suzanne@urbanvillagehomes.com
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…
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 …
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…