Profile cover photo
Profile photo
Property Mastery Academy
169 followers -
Property Investor Workshop Programmes
Property Investor Workshop Programmes

169 followers
About
Posts

Post has attachment
The Property Redress Scheme - one of the three government-approved redress schemes handling complaints about sales and lettings agents - has reported a significant rise in complaints registered in 2017.

The PRS annual report shows a 61 per cent rise in formal complaint notifications: these are mostly concerned with fees and charges, general communication, poor service and complaint handling, as well as rent collection as part of the wider increase in disputes received.
Photo
Add a comment...

Post has attachment
More Londoners adopt Yimby attitude
A growing number of Londoners are becoming less likely to object to building projects in their backyards as they are unable to get onto the property ladder, according to a poll. The YouGov survey showed 57% of adults in the capital now say “Yes” to more housing in their local area, with just 26% saying “No” – a change from 53% and 20% respectively in a similar poll in 2014. The “Yes In My Backyard”, or Yimby, attitude is particularly widespread in inner London, where 63% supported more local housing, while for outer London the figure was 54%.
Photo
Add a comment...

Post has attachment
Fresh research by the UK Association of Letting Agents (UKALA) has found that landlords in the north of England typically experience the lengthiest void periods in the UK.

The trade association representing residential letting and managing agents in the UK says that landlords with property in the North of England experienced a void period in the past three months than in any other UK region.

Some 53% of landlords with property in the North East and North West of England both experienced a void in the last quarter. The findings also show that the UK average is 35%, which has increased marginally from 33% from the previous quarter.

At the other end of the scale, 28% of private landlords in the South East experienced a void over the same time period, the lowest of any UK region.

Meanwhile, 42% of landlords in London had a void period, according to the findings.
Photo
Add a comment...

Post has attachment
The Mortgage Works (TMW) is removing all upper age restrictions across its buy-to-let product range for experienced landlords.

Currently, the buy-to-let arm of Nationwide Building Society’s maximum lending age is 70. But having decided that cases from older borrowers who have long invested in the BTL sector offer no more risk than younger ones, TMW will scrap the maximum age restriction for those older borrowers who qualify
Photo
Add a comment...

Post has attachment
BRISTOL HOME PROJECT RECEIVES £20.5M FINANCE PACKAGE
Caridon Group has received a £20.5m finance package to build 629 new homes in Bristol.
The loan from OakNorth will enable Caridon to build the £65m development – the company's largest yet.
The finance will be used for the development of several hundred new residential units in Bristol.
The site had already received planning permission for the development of 380 flats over two blocks. However following the loan Caridon Group were able to increase this to 629 flats across three blocks.
Photo
Add a comment...

Post has attachment
M5 JUNCTION UPGRADE PAVES WAY FOR NEW BUSINESS PARK
An £18m upgrade to an M5 junction has been given the green light in a move that removes the last obstacle to a new business park.
The planned Nexus 25 scheme for Taunton from developer Henry Boot could result in the creation of up to 3,000 jobs.
Photo
Add a comment...

Post has attachment
Six office units at Brooklands Court on Kettering Venture Park, which were formerly owned by Carillion plc, have been snapped up by a fast growing Midlands property investment company.

NPI (Kettering) Ltd, a wholly owned subsidiary of Norton Property Investments Ltd, has acquired the freehold interest in six office units for £1.45 million from Carillion plc.

The deal, which is Norton’s largest to date, provides a combined total of 13,686 sq ft with an initial net yield of 9.95%.
Photo
Add a comment...

Post has attachment
In 2016/17 there were around 2.32 million students attending universities and higher education across the UK, and with the numbers on the rise, catering for the accommodation needs of millions of graduates is a vital part of solving the housing challenge.

The concept of co-living for students, graduates and young professionals has already taken off in Europe and in some parts of the UK, and could provide a new segment of property development and investment.
Photo
Add a comment...

Post has attachment
This is just outrageous in a modern society: Surge in homelessness predicted.
The annual Homelessness Monitor commissioned by Crisis and the Joseph Rowntree Foundation has found that 70% of local authorities in England are struggling to find any stable housing for homeless people in their area, while 89% reported difficulties in finding private rented accommodation. This has prompted many councils to place even more homeless people in emergency housing. The report warns that if current homelessness trends continue then more than 100,000 households will be living in temporary housing by 2020.
Photo
Add a comment...

Post has attachment
Looking for a mentor? Then come and spend the day with us and see if we're a goofd fit:
Add a comment...
Wait while more posts are being loaded