What does the interest rate rise mean for the rental market?
Incase you missed it, The Bank of England raised the base rate from 0.25% to 0.5% this week. The base rate is the Bank of England’s official borrowing rate, which influences what borrowers pay and savers earn. The base rate has remained fairly static over the last decade, with 0.25% being the lowest on record. […]
What’s a better investment – a small or a large HMO?
In amongst various meetings this week, I had a great chat with a landlord about the optimum size of an HMO property. We started discussing the pros and cons of smaller versus larger, and what would potentially offer the best return on investment. With those of you who are first time landlords in mind, I thought […]
New housing stock stats give positive outlook for Medway landlords and property investors
Hello readers, I hope you are surviving all the politics going on as the nation gears up into electioneering. It is always interesting to see how the housing market responds to what’s happening in the political sphere, which will of course become more apparent in the coming weeks towards the general election. In the meantime, […]
What the June snap general election means for our local Medway housing market
Hello readers. Well, yet another crazy week in politics has been and gone. Who would have thought that there would be a general election in June? It will of course follow soon after the local elections in May, so it’s all going on right now. But, before we talk more on that, here’s a quick […]
Rising economy stats show Medway Property Market providing viable investments
Hello readers. Just a quick reminder that there is still time to book for The Property Vault Medway. It’s being held on 28 February 2017 and our guest speaker on the night will be Ross Mallalieu from the Intelligent Property Academy. I hope to see you there. Book tickets here for The Property Vault Medway It’s […]
Medway property figures show housing market strength in face of Brexit fears
Hello readers. The days are definitely getting colder as we head towards the end of the year, and many people thought that the Brexit vote would make the housing market follow a similar chilly fate. However, as new figures show, it seems that the Brexit thaw has started. New data from the Bank of England […]
Why it’s a great time to invest in a Medway HMO
Hello everybody. You may have seen my recent blog post where I mentioned an RICS report detailing a nationwide lack of rental properties, which is causing demand to outstrip supply. Well, a new week brings a new report about our country’s property market. This time national estate agents Countrywide has said that rising prices are resulting in more lets […]
14% Yield on Perfect Gillingham HMO Opportunity
Entering the Medway property market only today, is a great HMO opportunity on Granville Road in Gillingham, which is on the market for £170,000. http://www.rightmove.co.uk/property-for-sale/property-55133599.html As it is 0.4 miles from Gillingham station the location is great for the working professional HMO market. On the ground floor the front room would need a partition wall […]
Brexit and its effect on Medway house prices
Whether you wanted to be in or out, when waking up Friday morning it was a surprise to much of the nation that we voted to exit the EU. Despite the EU second referendum petition reaching nearly four million signatures, David Cameron confirmed that it will not happen. There have also been calls for a second […]
INVESTORS: 10% yield on Gillingham student let
Just entering the property market today, this three-bedroom terraced property on Milner Road, Gillingham is up for auction on the 13th June and presents a perfect opportunity for a student let. You may have read the investor alert (link) about a similar property on Milner Road at the start of this month, which still remains […]
