Imagine this scenario: You own a big property in an area that commands very decent rent. You are under time pressures to renovate the property so that you can let it and start earning an income on it. Halfway through the refurbishment your contractor bails. You have to find a new contractor (at a time when tradesmen are fully booked) and finish the job without losing months of potential income on your property. You see your investment costing you more and more while it earns you nothing.
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The landlord of this property was an established investor with multiple properties in her portfolio. She was used to working with large chain agencies and was pleasantly surprised to learn through us that sometimes big does not always mean best.
At Next Step Estates we are delighted to present to you our overview of this charming property on Inglemere Road. It is a great example of how we represent clients abroad. In fact, we have a very strong database of overseas investors.
In this three-minute read, we look at how landlords in #Tooting #Mitcham & #Sutton can find and keep terrific tenants. ‘Finders keepers, losers weepers.’ It’s a timeless rhyme used every day in school playgrounds all over the UK. It often applies to someone finding something that’s unowned or abandoned. But it also resonates with local landlords when [...]
In this two-minute read, we ask if it’s wise to buy a rental property in #Tooting #Mitcham #Sutton with a buddy. Purchasing a buy-to-let property with a friend is an appealing prospect – on paper, at least. But it’s important to carefully weigh up the risks and rewards before taking the plunge. Here’s a list of [...]
Sometimes, all it takes is a smile or wave to make someone smile. It’s free, it’s polite and most of all, it’s kind. February 17th is Random Acts of Kindness Day. Yes, a whole day dedicated to being nice. Started by the Random Acts of Kindness Foundation in America, the initiative has gone global in a [...]
In this two-minute read, we look at some of the things that may be putting buyers off (that you can easily fix). So, you’re keen to sell your home in #Tooting #Mitcham & #Sutton, but you’re just not getting any offers. What’s going on? How can you make your home more attractive to potential buyers? What’s [...]
In this two-minute read, we explore some common mistakes landlords make when it comes to décor. Are you a landlord with a new rental property? Are you about to decorate? Step away from the colour charts, put down the paintbrush, and read on. Sometimes, it’s hard to separate your personal taste from your rental. After [...]
Why Are More and More Private Landlords in #Tooting #Mitcham & #Sutton Setting Up Limited Companies?
In this two-minute read, we have a quick look at what you need to consider when becoming a landlord. Before becoming a landlord, you need to consider how you want to buy your rental property. There’s lots of tricky tax stuff to consider and changes to tax relief over the last few years mean that [...]
Star Trek fans, look away now.“It’s a home, Jim, but not as we know it.” The original phrase (we’ve replaced life with a home) didn’t even feature in the popular sci-fi show, apparently, but we’re digressing.If you’re interested in what life will be like in the homes of 2050, keep reading.A report commissioned by the [...]