: Archive - August 2016

renting

What you need to know about voids

A ‘void’ is the period when a property lies empty between tenancies and is therefore not generating any rental income. Voids are regarded as one of the biggest things that can negatively impact a landlord’s profits and, unfortunately, they’re almost impossible to completely avoid. 

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landlords cashflow

The Importance of Cash Flow for Landlords

While every landlord would love to make money from their property through both capital growth and rental profit, many tell me that their primary investment goal is capital growth over time. 

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rental properties

Whats happening to rents post-Brexit

The media is currently putting out a lot of mixed messages about the property market. This is partly down to the different way rental and price reports measure the market and the timing they capture their data.

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There is no guarantee that it will be possible to arrange continuous letting of the property, nor that rental income will be sufficient to meet the cost of the mortgage.

Your home may be repossessed if you do not keep up repayments on your mortgage.

There will be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.

The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.