Property Fit provide an armchair investor service in the Midlands and north of England for people who don’t have the time or knowledge to do it themselves.
This recently transformed property offers a special chance to own a fully furnished 5-bedroom House of Multiple Occupation (HMO) that is fully tenanted, licensed and certified, and ready to generate income from day 1.
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The results are consistent with another survey conducted for Paragon's PRS Trends report. It revealed that 64% of landlords intending to invest in real estate within the next year prefer utilising a limited company, while only 15% opt for personal financing.
Did you know that data from Rightmove pinpoints February as the best month to list a property for sale? The data reveals that March is also historically a strong month for sellers to get their home on the market, benefitting those coming to market at the beginning of spring!
The government has proposed 1% deposit mortgages to rescue many young first-time buyers struggling to get onto the property ladder, however, some economists argue that this controversial decision could further fuel the house price bubble...
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A new proposed law will see rogue landlords forced to comply with new standard procedures surrounding mould in social housing, following the preventable death of a toddler in December 2020.
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As 2023 draws close to the end, we take a look back on the ups and downs that have been major talking points in the property market during the year, looking back at early Q1 predictions and seeing how these hold up now!
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We have a client looking to buy a completed block of apartments in Greater Manchester/Merseyside, with a budget of £2,000,000. If you, or somebody you know, is able to provide this, please contact the Property Fit team at [email protected]#propertyinvestment
According to Rightmove, there's been an uptick in the average number of UK tenants seeking property viewings, moving from 20 to 25.
From 2019, there has been an increase of 19 in the average queue. By Spring 2023, this number reached 20 and then surged by 25% in five months.
New seller asking prices dipped 1.9% this month to £364,895, the sharpest August drop since '18. As summer sellers adapt to a shifting market, signs point to improving buyer affordability. Despite this, prices remain 19% higher than pre-pandemic levels.
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At the same time, there has been a noticeable decrease in properties offered by landlords, leading to a supply-demand imbalance.
From the RICS residential market survey, a significant 63% of the surveying participants forecast higher rents in the next three months.
The professional body of surveyors suggests that with increasing demand for rental homes and a declining number of available properties, we can expect a continuous rise in rents.
Recent data up to July shows a marked increase in the demand for rental properties over the last three months, as highlighted by a report from the Royal Institution of Chartered Surveyors (RICS). This represents the strongest quarterly rise in demand since the early part of 2022.