Building a rental portfolio – What is a good time to be in property?

July 17th, 2008

The whole world is tightening its belt. In the UK, the Nationwide Building Society reported that the average house price fell by 2.5% in May and 0.9% in June 2008.

Although this is enough to make most people worried, the reality is that house prices are 4% higher than in 2006. The fact is that anyone building a rental portfolio will do well in these times. So next time you are at a dinner party and someone mentions the falling percentages to you, maybe you can hit them with the good news.

However this does not touch on the fact that the rents are increasing and this is exactly what we are propagating. If you bought a property today you will see a decrease in value over the next few months or years even. This is only a problem should you wish to resell the property whilst the market is on a down turn. Our suggestion is to keep your properties as rents are now increasing up to 7,5% in one month alone. This means that the yield investors are seeing on their initial investment is growing along with the demand for rental properties.

Written by Terence - Visit Website

Please use the contact form or to contact us directly call us on 0207 740 1770 for emergencies we do have an after hours number.
Chasedevonshire now has skype online and if you use skype you can call using your skype phone or compatible headset or handset.





The industry is changing, the needs are changing!

July 16th, 2008

I have been in charge of Business Development for chase Devonshire for years now. Property management never has been an easy service to sell, but we can feel the needs changing.

Before, agents wanted us to buy their management and just take it away from their office. Now, it seems that it is more about buying our service.

It is a major nuance and in fact it changes the way business is approaching the market these days, from professional property brokers to small to medium sized property shops we can help you to get the most in a volatile market.

Precisely because Chase Devonshire has the pulse of the UK property we are well positioned to take you through this little bumpy market correction through to the smooth calmer safe waters on the other side, for more good advice contact Chase Devonshire directly by phone on 0207 740 1770 or by email on info@chasedevonshire.com.

I can come to see you in and chat about your needs and how we may best serve you. Together we will make a difference, we can change the future by working together to maximise your investments.

To read more about how yields are improving year on year please look here

To talk to ChaseDevonshire about your options please use the to contact us please do call 0207 740 1770 for emergencies we do have an after hours number. Chasedevonshire now has skype online and if you use skype you can call using your skype phone or compatible headset or handset. Written by Staff - Visit Website

Please use the contact form or to contact us directly call us on 0207 740 1770 for emergencies we do have an after hours number.
Chasedevonshire now has skype online and if you use skype you can call using your skype phone or compatible headset or handset.





Should you buy to let now due to the low cost?

July 15th, 2008

Property prices are going down would not want to ask our investor to buy right now due to the low cost.  We think differently.

It is of our opinion that investment is good at the moment. This is because if you have the funds, you can pick up a property and that the actual yield has risen not due to the cost of the properties, but because rents have actually gone up!!

Written by Terence - Visit Website

Please use the contact form or to contact us directly call us on 0207 740 1770 for emergencies we do have an after hours number.
Chasedevonshire now has skype online and if you use skype you can call using your skype phone or compatible headset or handset.





Rents rose 15 % over the past year to an annual figure of £12,041 – why buy to let is still a good idea

May 6th, 2008

Buy to let is still a great investment opportunity in the UK, over the last six months rents rose 12 per cent to an annual figure of £12,041. According to leading mortgage broker Paragon based in the West Midlands.

The rising rents put further pressure on first-time buyers locked out of the mortgage market by the credit crunch until they can raise sizable deposits, 100% and 125% mortages are a thing of the past.

A third of landlords now report tenant demand is expanding rapidly – the highest level in nearly four years – as first-time buyers delay stepping onto the property ladder.

Do you need help to manage your property portfolio in these challenging times give  Denis a call on 0207 740 1770 .  Talk to Denis about maximising your property portfolio.

Some 58 per cent of landlords said demand was stable and strong. The regions getting the highest rentals were, in order , London with a high buy-to-let average of £20547,The South West (£15970) and East Anglia(£12 738).

Rising rents have masked the effects of falling house prices for landlords – with yields remaining stable at 6.3 per cent for the third consecutive month.

The average investment opportunity has been 1.5% from February through January of this year, unsurprisingly East Anglia has had the highest jump in Property value YoY of 34% wih rental income up 1.3% YoY to 6.3%.

To talk to ChaseDevonshire about your options please use the to contact us please do call 0207 740 1770 for emergencies we do have an after hours number. Chasedevonshire now has skype online and if you use skype you can call using your skype phone or compatible headset or handset. Written by Staff - Visit Website

Please use the contact form or to contact us directly call us on 0207 740 1770 for emergencies we do have an after hours number.
Chasedevonshire now has skype online and if you use skype you can call using your skype phone or compatible headset or handset.





Average monthly rent in the UK now stands at over £1,000 for the first time.

May 1st, 2008

Average monthly rent in the UK now stands at over £1,000 for the first time.

According to a leading web based property blog aboutproperty.co.uk the leading cause was the mortage rate increases in the private rented sector where average rents rose four per cent in the first quarter of 2008, new figures from buy-to-let specialist Paragon show.

Over the last six months rents rose 12 per cent to an annual figure of £12,041.

The rising rents put further pressure on first-time buyers locked out of the mortgage market by the credit crunch until they can raise sizable deposits.

A third of landlords now report tenant demand is expanding rapidly – the highest level in nearly four years – as first-time buyers delay stepping onto the property ladder.

Some 58 per cent of landlords said demand was stable and strong.

Rising rents have masked the effects of falling house prices for landlords – with yields remaining stable at 6.3 per cent for the third consecutive month.

What does this mean for you? As we have the means because we have seasoned buy-to-let professionals (0207 740 1770 ) who can advise you on your investment portfolio.

To find out please call one of our executive consultants on 0207 740 1770 to see you on how you maximise your profit by continuing your investment curve

To talk to ChaseDevonshire about your options please use the to contact us please do call 0207 740 1770 for emergencies we do have an after hours number. Chasedevonshire now has skype online and if you use skype you can call using your skype phone or compatible headset or handset. Written by Staff - Visit Website

Please use the contact form or to contact us directly call us on 0207 740 1770 for emergencies we do have an after hours number.
Chasedevonshire now has skype online and if you use skype you can call using your skype phone or compatible headset or handset.