Posts about Property

Investors Switch to Tangible, Low Risk Assets

July 17th, 2010

The latest Young Index survey of residential investment sentiment shows that over the past 12 months, investors with residential property holdings have switched the spread of additional asset classes that they hold.

Over the past year, there has been a marked shift in the mix of additional asset classes that residential property investors hold. The number of investors holding tangible alternative investments and low risk investments such as cash and premium bonds has increased.  Fewer investors now hold off-shore investments or stocks & shares.

The asset class ‘top movers and shakers’ of the past 12 months is most easily demonstrated in figure 2, with tangible and low risk assets leading the charge.

Buy-to-let investors have not disposed of residential property assets in significant numbers, nor do they expect to do so within the next 12 months.  Rather, they have shifted the allocation of additional assets that they hold.  95% of investors have no intention of disposing of their buy-to-let property assets within the next 12 months.  In fact, on average, investors now expect to hold their buy-to-let properties for the next 13.6 years, up from the 12 years reported in Q1 2010.

Neil Young, CEO of property portfolio managers Young Group, comments: “The latest Young Index figures show that not only are landlords aiming to hold residential property assets for longer than ever, 47% are keen to grow their portfolios by adding additional London properties.  The switch in investors’ asset mix over the past 12 months suggests that investors are actively preparing to make purchases.”

Figure 1

Asset Class Popularity
Alternative Investments + 145%
Premium Bonds + 46%
Cas + 11%
Commercial Property - non mover
Stocks & Shares - 6%
Off-Shore - 57%

Young Index: Headline Results for Q2 2010

  • 95% of buy-to-let investors intend to hold their residential property investments for the next 12 months.
  • 55% intend to hold their assets for at least 10 years.
  • 38% of landlords intend to retain their property investments for the next 20 years or more.
  • The average period that residential property investors expect to hold their property investment assets is now 13.6 years.
  • 47% of investors are considering purchasing additional residential property assets within London over the next 12 months.
  • 16% of investors are looking at opportunities in the UK outside of the capital.
  • 87% of respondents believe that London prices will be at current levels or higher by this time next year.
  • For UK property outside of the capital, 47% expect prices to be at current levels or higher by this time next year.
  • Landlords expect to see an average price increase of 2.5% by this time next year, up from the 1.48% predicted last quarter.
  • The predicted 12 month outlook for UK property prices outside the capital turns from a fall to an increase for the first time since the credit crunch, at 0.2%.  This compares to a drop of 1.0% predicted last quarter.
  • The average base rate expectation for Q2 2011 stands at 1.14%, down from the 1.25% predicted in last quarter’s Index.
  • The majority of investors (55%) are holding property to finance their retirement.
  • 52% of respondents believe capital growth to be more important than rental income or total annual returns.
  • On average, landlords review their mortgage product every 12 months, less frequently than the 10 months reported last quarter.

The full report is available to download in PDF format at: http://www.younggroup.co.uk/research/youngindex.htm

Michigan’s Best REIA and Landlord Club Meeting

July 3rd, 2010

Detroit, MI – The National Real Estate Investors Network will host a panel of experts to answer questions and share valuable information critical to landlords. Many landlords and property managers are unaware of certain traps and pitfalls that can lead to expensive lawsuits and financial disaster.

Mark Maupin, founder of the National Real Estate Investors Network, also known as Michigan’s best REIA, has arranged for a panel of experts to lead the group and cover topics including:

• How find great tenants
• How to fix up a rental
• How to screen tenants
• Where to get rental forms
• How to fill out legal paper work if you have to go to court
• How to get above market rents using lease options
• Where to find an attorney and an income tax person

Participants will leave this event knowing how to be a successful landlord and how to make money without breaking any laws. The meeting is free to attend and open to the public. Join the very best Michigan Landlord Association and network with Metro Detroit’s top producing property managers and real estate investors.

Come and hear from Metro Detroit’s most successful landlords. The meeting takes place on July 15, 2010, from 6pm to 9pm, at the Wayne County Community College, Eastern Campus, in the Cooper Room, at 5901 Conner; Detroit. Visit http://www.megaeveningevent.com to learn more.

This press release was submitted by Right Now Marketing Group, LLC

New Landlord Club Educating Oakland and Wayne County Investors

July 3rd, 2010

Detroit, MI – Michigan’s best REIA expands, forming a new real estate investors club to serve Oakland and Wayne County investors. Mark Maupin of the National Real Estate Network saw the need to start a group in a new location for the convenience of many of his members. “We used to meet in Livonia. Since moving our meetings to Detroit, I have picked up many new members, but unfortunately, some of my original members cannot make the meetings because of the new location.”

Many investors have questions about income taxes. Markwei Boye is a CPA who will be on the panel to answer all your questions about real estate and income taxes. Mark Maupin said, “Markwei Boye is one of the most in-demand speakers on income taxes. I have referred many of my club members to Markwei for help.”

Wayne Turner is a real estate investing professional who will be offering advice on how to get started investing in real estate and how to make money in 30 days. “Wayne Turner does the best job I have seen in getting a real estate investor off on the right foot,” said Maupin. “I have been host to hundreds of speakers and he is at the top for value and being an honest guide.”

This event is a great opportunity for new real estate investors or experienced realtors who wish to add to their income by teaching their clients to become investors. Join Metro Detroit’s best Your Landlord Club to network with the most successful real estate investors in Michigan.

Wayne Turner is a nationally active motivational speaker, educator, licensed loan officer and licensed realtor. Come and learn everything a real estate investor needs to know to get started and make money within the first 30 days.

The New REIA of Oakland and Wayne County meets the 1st Tuesday of each month from 6pm to 9pm at the Atrium Café in the Laurel Office Park at 17177 Laurel Park Drive North; Livonia, MI 48152; located at the NE corner of I-275 and 6-Mile. The fee to attend is just $20 and dinner will be included! Visit http://www.megaeveningevent.com to learn more.

This press release was submitted by Right Now Marketing Group, LLC

Website on Singapore New Property

June 27th, 2010

The purchase of New Condo is becoming a rising trend in Singapore as its economy poised to register healthy growth in 2010. Singapore is a financial power house in South East Asia. In spite of being a small island, the growth potential of Singapore is immense and the way it has risen in importance amongst the world’s leading financial centers is a proof of its great growth story.

Being a small island, the demand for real estate is growing and with Singapore’s plan to grow its population to more than 6 million in the coming years, from its current strength of 5 million, will further fuel the demand for real estate in the land-scarce Singapore. The statistics reveal that Singapore is projected to grow by 9 % for this financial year affirming that Singapore is not only climbing out of the recession, but it is growing by leaps and bounds.

The recovery of the world’s economy lead by Asia is oiling Singapore’s growth as well and it is high time that anyone considering any kind of investment should look into investing in Singapore’s real estate. With scope for growth in all its economic sectors, it will boost the growth of Singapore’s real estate. With efficient layout and innovative design as fundamental tenets from the property developers, New condos and New Cluster Houses launched recently are very well received by Singaporean as well as Foreigner home buyers and investors.

As real estate transaction and development are highly regulated in Singapore, this will help you in getting the most informed and best deal from the Singapore property market. All real estate agents will have to sit for an exam that is held by the state and a minimum threshold it stipulated to pass this examination.

The launch of the website www.HotNewProperty.sg comes at the opportune time. The website is run by a leading group of real estate consultants who are highly qualified in this regard and will provide optimal services for buyers. If buyers are planning to move ahead with their real estate investment plan and they think Singapore is the place to do so, then the site they should look into is www.HotNewProperty.sg .

The site is organized into user-friendly categories and one can choose to look at their Upcoming Projects, Current Launches, Landed/Cluster Houses and Penthouses which give one a wide array of choices to suit one’s requirement.

New Cluster House is among the new hot favorites in Singapore property market due to the very limited supply and generally good design with communal facilities that is inherent to this class of property.

The website has a category completely devoted to the Singapore property news where relevant press releases from its major newspapers, news portals and real estate developers are posted in an elegant and concise format.

All the new properties showcased in the home page are well organized with large thumbnails similar in look to MP4 players, which give one the feel of a giant control screen from which to choose one’s suitable properties.

After one click on a new property that one is interested in, one will land on the property detail content page whereby good description and pictures about the property are provided. The pictures are of high quality and the layout is one of the best in its class. Should one find this property enticing, a form is provided where one can request for detail floor plans, e-brochure and viewing request.

With ample care given to its design, this website will provide one with a good ride across the Singapore new real estate market with relevant resources to get one started on purchasing New Property in Singapore.


About the Author:

Jeff Koh is an experienced and qualified property consultant specializing in New Property and resale market in Singapore.

Landlords Call on Government to Abandon CGT Plans

June 26th, 2010

Private landlords have called on the government to abandon plans to increase Capital Gains Tax (CGT), and instead to work to reduce red tape around the lettings industry. That’s the finding from Upad’s latest Rental Confidence Index survey, which asked 257 UK private landlords “Do you feel more or less confident in the market than you did last month?”

54% of landlords said that they did feel more confident in the market. Some of their comments included:

  • Rents and demand are rising as are capital values, interest rates are still low and don’t look to be increasing for a while yet: what’s not to like?
  • For the last year there has been a steady increase in property prices and rental levels.
  • Easier to let and good rates compared to last year.

Many of those who said they were less confident mentioned the proposed changes to CGT. Their comments included:

  • If the 40% capital gains tax comes in, the BTL market is even less attractive than its current state.
  • I’m appalled at the government’s proposed CGT increases.
  • Capital gains tax without taper relief, not good!
  • The sooner this new government get rid of all the red tape the last government put in place the better.

James Davis, Upad’s CEO and a landlord himself, comments:    ”There’s a clear divide in landlord opinion at the moment. Those who are more confident are looking at the strength of the buy-to-let market, rent levels and tenant demand. Those who are less confident are looking at the legislative and fiscal spheres. It seems clear that the market is healthy, and that the problems that landlords have are ones imposed on them from outside.”

“The new government now has the opportunity to help landlords play their role in the UK housing market effectively and efficiently – or it can leave it to stagnate under over-regulation and increased taxation. Private rentals will be crucial to the UK housing market in the coming months, as job cuts come into effect and local councils grow even less able to cope with the demands put on social housing. Landlords can help bridge this gap – but only if they are given adequate support by those in power.”

Upad.co.uk, launched in October 2008, enables landlords to advertise each property for a one-off cost of £59.  The service then became available to the 1.5 million landlords across the UK in May 2009.

-Ends-

Notes to editors

About Upad.co.uk:

Upad.co.uk (http://www.upad.co.uk) is the UK’s largest online lettings agent, with more than 250,000 rental properties distributed across 500 UK rental property sites.

The site provides landlords with the largest online property distribution platform, ensuring extensive exposure for their properties. And it maximises tenant leads for landlords, minimising unnecessary void periods by offering a comprehensive tenant-find service. Landlords pay a one-off fee of £59 per listing.

Upad.co.uk is free for renters to use, and helps them find their ideal property quickly and easily. It enables online searches that are interactive and intuitive, to produce relevant properties.

Launched in October 2008 under the banner ‘reinventing renting’, the company’s innovative approach is aimed at filling a gap in the property rental market.

Read the Upad.co.uk blog at http://www.upad.co.uk/blog/, or follow Upad on Twitter at http://twitter.com/AvoidtheVoids

In September 2009, Upad.co.uk was shortlisted in the UK 2009 Tech Media Invest Top 100 list http://www.guardian.co.uk/tech-media-invest-100/top-100.

For further information and interviews, please contact:

Katrina Suppiah, Publicité

Tel: + 44 (0)20 8543 6582/+44 (0)20 8543 8481

Email: k.suppiah@publicite.co.uk

Renting apartments and Bangkok Condos through Achieve Realty, a property agent in the current real estate market of Bangkok, Thailand

May 21st, 2010

Achieve Realty Co. Ltd is a dynamic and growing real estate agency in Bangkok, Thailand.

Since their  inception, they have offered a wide range of reasonably priced Bangkok condos for rent and sale in the downtown areas such as Sathon, Silom and Sukhumvit.

As everybody will agree, as an expatriate or foreigner, it is a priority to first settle down in a new country to fully enjoy the new experience of a new challenge. Choosing the right place can help a long way to feeling at home. Nowadays, there are a lot of choices as new Bangkok condos are being developed.

While it is so easy to find a real estate company here in Bangkok, it is quite challenging to find one who knows what you need.

Achieve Realty aims to find you your home away from home by listening to your lifestyle needs. They value their client’s ideas, opinions, input, and needs and combine it with our extensive knowledge of Bangkok condos in downtown Bangkok to find the perfect housing solution.

They pay attention to the small details that you place high importance on because they care.

  • They respect your budget and always try to find you good bargains and save costs
  • They understand what is walking distance to the train stations as Bangkok is usually jammed
  • They know what is a safe area especially for a lady coming back from work at night
  • They know where are the International schools so that expat families can be near to them
  • They are aware what area can be unsuitable for families due to gogo bars and so on
  • If you keen on fengshui and facing of the main opening, they will use a compass to verify it too
  • They know which Bangkok condos are peaceful and quiet for the elderly people
  • They know which Bangkok condos are pet-friendly so that your pets are welcomed

Basically, they care to listen and dare to go the extra mile for their clients. They help you not only find the right Bangkok condos but make sure you enjoy your stay all the way. Cable TV, Internet, phone line, maid service can all be arranged for you.

During the tenancy, they will be here to fix any problems that may occur so that you don’t have to. So instead of having communication problems with the Thai owner of the Bangkok condos, the real estate agent will be the point of contact.

A real estate agency can be simply a middleman or it can also be your friend in deeds if you choose the right one.

For more information regarding renting Bangkok condos you may refer the website of Achieve Realty which is http://www.mybangkokhomes.com/

The author is writing about Achieve Realty’s Bangkok condos rentals service

Newfoundland Real Estate Agents – Leading Real Estate Agents At Real Estate Locators

May 7th, 2010

Licensed Real Estate agents in Canada and the United States now have two carrots in their hands. They can be members of the online directory and, at the same time, promote themselves through the internet marketing tools of SEO. This has been made possible with the launch of www.real-estate-locators.com . The site has been offering the plan at $49.99 per month, promising first page rank in Google within two months. It has been an attractive proposition for the agents of these two countries, including the Newfoundland real estate agents.

Newfoundland has witnessed a 25.8% rise in the Multiple Listing Services (MLS) sales in the first quarter of 2010. The average price of a house has risen by 18% in the same period. The MLS is a national database of the sale and purchase of different properties across Canada. Increase in the sale and listing of the properties in MLS indicates the trends in the real estate market. The rise in MLS sales and price figures for the Newfoundland real estate market are indicative of the renewed interest of buyers. The new online promotional tools adopted by the industry players have also made them more visible in the virtual world, enabling them to increase the scope of their business and also market themselves effectively. www.real-estate-locators.com lists the agents on the basis of the properties they deal in and state or province wise.

This site seeks to promote its members on ‘exclusivity’ basis, which means that it will be promoting only one member per category or area at a time. It is also providing the creation of personalized profiles of the agents or brokers with linkages to the sites. Updates in the profiles on social media sites, such as facebook and twitter, will be featured on real-time basis. Newfoundland real estate agents can now go for both listings and SEO marketing.

Apart from promotional tools, it has an online mortgage loan calculator, which is quite handy for the visitors who want to know the per month debt-servicing costs. It also features a free home valuation facility, wherein expert agents will visit the house of the client to verify the property and tell its estimated value. For informing the visitors about the various aspects of the real estate industry, the site has space for articles to be written and submitted. It is easy to find agents or brokers, including the Newfoundland real estate agents, by simply entering the name of the city, neighborhood, or property type.

London’s Landlords Have an Unquenched Thirst for Investment

May 7th, 2010

The latest Young Index survey of residential investment sentiment shows landlords’ property price expectations have stabilised at pre-credit crunch levels.  Positive sentiment is heavily skewed towards London, appetite to invest is strong, but access to appropriate finance is preventing them from purchasing additional property.


London Leads Market Outlook

The proportion of landlords who expect property prices in London to remain static or rise over the next 12 months remains relatively stable for the third quarter at 78%.  However for UK property outside London, sentiment dipped; only 49% expect prices to be at or above their current level in 12 months time, down from 60% who, at the end of 2009, predicted the same to be true .

This shows a growing disparity of sentiment between residential property prices in London and the rest of the UK.

Anticipated changes in property prices are improving irrespective of location, but the pace of change remains extremely cautious and, once again, London leads the way.

Landlords expect to see an average price increase in London of just 1.48% by this time next year (although that is twice the rate of increase that was being predicted last quarter).  For property outside the capital, although price expectation is lifting, it remains negative.  Landlords expect UK property values outside London to fall by 0.58% over the coming 12 months; an improvement over the drop of 1.0% that they had predicted at the end of 2009.

Purchase Constraints

The ongoing difficulties of securing funding for buy-to-let property purchases remains of concern to UK residential landlords; perhaps accounting for the fact that although investors are increasingly positive about prices (particularly in London) and unquestionably see property as a long term investment, they are not expecting to buy additional investments over the next 12 months in as great a number as in previous quarters.

Irrespective of the outcome of the General Election, landlords appear resigned to the fact that access to mortgage finance is unlikely to be unlocked quickly.  At the beginning of 2008, 65% of investors were investigating mortgage options as regularly as every 3 months.  That figure has now plummeted to just 5%, with 43% now investigating mortgage options less frequently than annually.

Looking to the Long Term

A full 100% of landlords questioned intend to hold their residential property investments for the next 12 months.  Furthermore, 47% expect to hold their assets for at least 10 years (up from 35% a year ago) and 24% of private property investors intend to retain their properties for the next 20 years or more, up from 22% last quarter and 21% a year ago.

The average period that landlords expect to hold their rental property assets is 12 years, the same length of time as recorded by Young Index last quarter, but a year longer than at Q1 2009.

Young Index: Headline Results for Q1 2010

  • 100% of landlords intend to hold their residential property investments for the next 12 months.
  • 47% intend to hold their assets for at least 10 years.
  • 24% of landlords intend to retain their property investments for the next 20 years or more.
  • The average period that residential property investors expect to hold their property investment assets is 12 years.
  • 49% of investors are considering purchasing additional residential property assets within London over the next 12 months.
  • 22% of investors are looking at opportunities in the UK outside of the capital.
  • 78% of respondents believe that London prices will be at current levels or higher by this time next year.
  • For UK property outside of the capital, 49% expect prices to be at current levels or higher by this time next year.
  • Landlords expect to see an average price increase of 1.48% by this time next year, twice the increase they were expecting last quarter (0.7%).
  • The predicted 12 month outlook for UK property prices outside the capital is a fall of 0.58%, compared to the drop of 1.0% predicted last quarter.
  • 94% of respondents expect the Bank of England base rate to be higher than the current all time low of 0.5% by the beginning of 2011.
  • The average base rate expectation for Q1 2011 stands at 1.25%, up from the 1.1% predicted for Q4 2010 in last quarter’s Index.
  • 93% of landlords believe that Estate Agencies should be regulated.
  • 86% of landlords believe that individual estate agents should be subject to regulation.
  • 68% of landlords believe that they themselves should be regulated.
  • 84% of respondents believe that that a Conservative government would bring the greatest benefit to residential landlords.
  • 13% of landlords expect a Labour government to create the right conditions for the private rented sector to flourish.
  • 3% believe that the Liberal Democrats would be good news for landlords

UK Landlords are Regulation-Ready!

April 16th, 2010

Whilst regulation of the residential property sector remains hotly debated, it appears that landlords are ready to embrace regulation.  Results from property portfolio manager, Young Group’s, latest Young Index poll show that eight out of ten landlords believe the residential property sector should be regulated in some way.

The appetite for regulation appears to be very strong and interestingly, 68% of landlords say they’re ready to be regulated themselves.

Almost all landlords polled (93%) believe that estate agents and letting agents should be regulated, with 86% believing that regulation should extend to individual agents themselves, not just the businesses that they work for.

Neil Young, CEO of Young Group and estate agency Young London, comments; “I find it criminal that a sector responsible for the largest purchase that most of us will make in our lifetime is unregulated.  Even more worryingly, lettings agencies are not subject to regulatory legislation either.  Unlike estate agencies, letting agencies routinely receive – and hold – clients’ money directly and are also involved in drafting legally binding contracts  Both of these elements are handled by solicitors during purchase transactions, not by estate agents.

“Robust regulation and methods of redress that have the teeth to make an impact are long overdue in the residential property sector; a sector which, despite the exemplary efforts of many professional and reputable agencies, is marred by the actions of a significant minority of rogue agents.”

Young Index: Headline Results for Q1 2010

  • 100% of landlords intend to hold their residential property investments for the next 12 months.
  • 47% intend to hold their assets for at least 10 years.
  • 24% of landlords intend to retain their property investments for the next 20 years or more.
  • The average period that residential property investors expect to hold their property investment assets is 12 years.
  • 49% of investors are considering purchasing additional residential property assets within London over the next 12 months.
  • 22% of investors are looking at opportunities in the UK outside of the capital.
  • 78% of respondents believe that London prices will be at current levels or higher by this time next year.
  • For UK property outside of the capital, 49% expect prices to be at current levels or higher by this time next year.
  • Landlords expect to see an average price increase of 1.48% by this time next year, twice the increase they were expecting last quarter (0.7%).
  • The predicted 12 month outlook for UK property prices outside the capital is a fall of 0.58%, compared to the drop of 1.0% predicted last quarter.
  • 94% of respondents expect the Bank of England base rate to be higher than the current all time low of 0.5% by the beginning of 2011.
  • The average base rate expectation for Q1 2011 stands at 1.25%, up from the 1.1% predicted for Q4 2010 in last quarter’s Index.
  • 93% of landlords believe that Estate Agencies should be regulated.
  • 86% of landlords believe that individual estate agents should be subject to regulation.
  • 68% of landlords believe that they themselves should be regulated.
  • 84% of respondents believe that that a Conservative government would bring the greatest benefit to residential landlords.
  • 13% of landlords expect a Labour government to create the right conditions for the private rented sector to flourish.
  • 3% believe that the Liberal Democrats would be good news for landlords.

Landlords’ Base Rate Expectation is Slowly on the Rise

April 16th, 2010

The Bank of England’s decision to hold the Base Rate at 0.5% for the 13th consecutive month came as no real surprise given the weak economic backdrop and a reduction in the headline inflation rate.  This is unlikely to change in the short term.

However, taking a slightly longer term view, Young Group’s Young Index which regularly polls 500 UK residential landlords, reveals that the average expectation for base rate in Q1 2011 now stands at 1.25%.

Unsurprisingly, almost all respondents (94%) expect the Bank of England base rate to be higher than the current all time low of 0.5% by the beginning of 2011.

10% of respondents believe that it will have risen to more than 2.0% by Q1 2011 (up from 6% last quarter) but only 1% expect the base rate to have risen to in excess of 3% by this time next year – still well below the long term average of 5.0%.

The latest Young Index data shows that the average base rate expectation for Q1 2011 stands at 1.25% a slight rise from the 1.1% predicted for Q4 2010 in last quarter’s Index.

Young Index: Headline Results for Q1 2010

  • 100% of landlords intend to hold their residential property investments for the next 12 months.
  • 47% intend to hold their assets for at least 10 years.
  • 24% of landlords intend to retain their property investments for the next 20 years or more.
  • The average period that residential property investors expect to hold their property investment assets is 12 years.
  • 49% of investors are considering purchasing additional residential property assets within London over the next 12 months.
  • 22% of investors are looking at opportunities in the UK outside of the capital.
  • 78% of respondents believe that London prices will be at current levels or higher by this time next year.
  • For UK property outside of the capital, 49% expect prices to be at current levels or higher by this time next year.
  • Landlords expect to see an average price increase of 1.48% by this time next year, twice the increase they were expecting last quarter (0.7%).
  • The predicted 12 month outlook for UK property prices outside the capital is a fall of 0.58%, compared to the drop of 1.0% predicted last quarter.
  • 94% of respondents expect the Bank of England base rate to be higher than the current all time low of 0.5% by the beginning of 2011.
  • The average base rate expectation for Q1 2011 stands at 1.25%, up from the 1.1% predicted for Q4 2010 in last quarter’s Index.
  • 93% of landlords believe that Estate Agencies should be regulated.
  • 86% of landlords believe that individual estate agents should be subject to regulation.
  • 68% of landlords believe that they themselves should be regulated.
  • 84% of respondents believe that that a Conservative government would bring the greatest benefit to residential landlords.
  • 13% of landlords expect a Labour government to create the right conditions for the private rented sector to flourish.
  • 3% believe that the Liberal Democrats would be good news for landlords.

To view the entire Young Index Q1 2010 results, including price outlook, interest rate expectation and landlords’ views on regulation, visit: http://www.younggroup.co.uk/downloads/PrivateRentedSectorMarketUpdate.pdf

Sell My House, This Week the Fast, Easy and Honest Way

March 25th, 2010

This perfected easy process for buying your home for sale can better your whole life within the week!

We understand that selling your home fast can be overwhelming. That is why www.WeBuyAllHomesCash.com is here to help by buying your house fast with a simple and easy home buying process.

Thousands of homeowners that suddenly faced financial difficulty and had to sell their homes fast were helped by us because we don’t help you sell your house; we buy your house directly from you and we buy your house fast!

How does this fast, professional and free service buy your house fast?

• You want to sell your house fast or you need to sell your home fast – all you have to do is visit the website. Selling your house can’t get much easier or faster!

The website is www.WeBuyAllHomesCash.com. There is a quick and confidential form for you to tell us about your house for sale and we do all of the other work to buy your house! There is never a cost or fee and you are under no obligation to sell to us just because we made you an offer to buy your house. It’s simple, if you want to sell your home fast, contact us today!

• We’ll visit your property and answer any questions that you have and discuss a closing time.

Our goal is to help you sell your house fast by buying your house fast without using high pressure tactics. Our local real estate investors are familiar with the local real estate market and will do must of their research during your initial discussion. During the property visit we will confirm the information that you shared with us. At this time we will also be sure to answer any questions that you may have and give you a written offer package to buy your house.

• Stress, worry, and sleepless nights are over and your financial troubles are just about gone.

During our visit we’ll also discuss a closing timeline and the final steps of the sell my home fast process so that you can get your money and consider your house sold! We are always here for you so that you no longer have to stress about selling your house. We want you to be informed and comfortable with the home selling process from “my house is for sale” to “sold my house fast”!

• A closing date/settlement date is set and we stick to it.

Just as we promised we will allow you to sell your home fast by buying your house fast. We can even buy your house in 7 days or buy your house for cash. We at www.WeBuyAllHomesCash.com fully understand that your need to sell your home fast is urgent and stressful, so we make every possible effort handle the paperwork and deal with any lawyers that need to have involved.

• You no longer have a house for sale…you sold your home fast! Now that you are stress free and have the money we promised you can move on with your life!

www.WeBuyAllHomesCash.com helped you sell your house fast so enjoy being stress free! Many of our clients want to share their excellent experiences with potential clients, friends and family, please do! We always appreciate referrals and are happy to pay $500 for each of your friends and family that allow us to buy their home fast too!

I Need to Sell My House Fast

February 13th, 2010

If you need to sell a house quickly contact www.WeBuyAllHomesCash.com.

They can buy your house in 7 days or less, save you thousands on realtor commission, save your credit, help you avoid foreclosure, and allow you to move on with life!

They understand that in this economy homeowners are finding themselves in all kinds of financial trouble due to: relocation, job loss, divorce, home repairs, bad tenants, estate sale, vacant house, for sale, making two house payments on house for sale, facing foreclosure, 100% financed, behind on payments and can’t sell a house for sale.

Nobody is safe from the financial problems and it is becoming all too common. What can you do about those problems? Pay lots of money and spend time getting prepared to sell your house, list it with a realtor, and deal with the inconvenience and stress of viewings. If there isn’t much equity in your house for sale, you most likely will have to bring a large check to the closing table when you do finally sell your house. If you don’t do research or know better, you would think you are out of options. You don‘t have to feel lost, stressed and hopeless though.

YOU AREN’T OUT OF OPTIONS-Turn your life around today by selling your house to WeBuyAllHomescash.com. We buy houses for sale from homeowners in all situations, in any area, as is condition and in any price range.

Their specialty is finding creative solutions to real estate and financial problems that others can’t help you with. We can buy your house in 7 days, buy your house for cash, buy your house by taking over payments, and many other options that can help you immediately!

We make the process easy for you and fast because we know that is what homeowners need. We’ll handle the paperwork, arrange the closing to fit your schedule and allow you to relax after you sell your house.

Within a few days you can be stress free because you no longer have a house for sale, no more mortgage payments, and you can move on with life!

Better your life and sell your house fast by visiting www.webuyallhomescash.com before it is too late.

Get the best from Property Viewings

January 26th, 2010

With the start of the New Year sparking renewed vigour to find that perfect pad, award-winning London based estate agency Young London (www.younglondon.co.uk) offers its top tips to get the best out of a property viewing.

Neil Young, CEO of Young London explains; “January has seen house-hunters hitting the streets in record numbers as the rental market becomes increasingly competitive with more tenants than ever chasing fewer available properties.  Young London is currently receiving four times the number of tenant enquiries than in January 2009.  So those looking to secure themselves the perfect property need to be focused and well organised.”

These are Young London’s top tips for successful viewings:

  • Arrive Early
  • Take someone with you
  • Prepare a checklist of questions
  • Question occupiers
  • Take a camera
  • Look past furnishing
  • Visit at different times of day
  • Visit in daylight hours
  • Look around communal areas
  • Investigate parking options
  • Research transport links
  • Check tenancy deposit scheme
  • Research the letting agent

Arrive early

Get there early to explore the area around the property, allowing yourself plenty of time to get a feel for your potential new neighbourhood, its character, what transport links are available and any amenities it has to offer.

Take someone with you

Be safe and take somebody along with you; not only will your viewing buddy be able to offer an impartial second opinion, they could also notice something about the property, or ask that vital question you might have missed.

Prepare a checklist of questions

Don’t be afraid to ask questions; be organised and make a checklist of all questions to ask and keep notes listing the property’s features, fixtures and fittings, any further expenses, characteristics of the surroundings and your immediate impressions. This will prove extremely useful when weighing up its pros and cons, and provide a benchmark for other viewings you might have.

Question occupiers

If possible, talk to the current occupiers who will be able to tell you first hand about the property and answer any questions you have about the local area. It is also worth asking how long they have lived there, why they are leaving and what the neighbours are like; depending on their response, you might just find out if it’s to get away from a neighbourly dispute or even the property itself!


Take a camera

Memory can be unreliable but the camera never lies! It tends to be either the very good or bad points that stick in the mind; taking a camera with you will help you to have a clear, objective aide to remember the property by.

Look past furnishing

Don’t let the existing occupant’s furnishing put you off and try to see past any current clutter and focus on the size and layout of the rooms. Make sure you know what furniture is included in the agreement and if you are taking your own furniture, have the measurements with you to give yourself an idea of how it might fit.

Visit at different times of day

Even the dream home can change significantly at certain times of day; try to go back for a second viewing at different time, bearing in mind that the seemingly quiet street could turn into the local rat run at rush hour, or that the inviting local could eject noisy revellers on your door step come closing time.

Visit in daylight hours

Places can look significantly different in natural light, and a visit during day light hours is recommended; any interior problems will be made more obvious and you will be able to gauge how much light the property gets.

Look around communal areas

Don’t forget to have a good look around any communal areas; if you are viewing a property in a development, it is worth taking note of their appearance, how well maintained any grounds are and how regularly rubbish is collected, for example. This will give you a good idea of how well the block is managed.

Investigate parking options

Investigate what the parking situation is like; it may be the case that a space is included in the rental, although in large towns and cities, it is more likely that a permit scheme will be in operation and possible that you will be able to buy a residential parking permit from the council.

Research transport links

Look into all transport links and work out the distance and best possible route from the property to your place of work; a trial run in peak times could be a helpful exercise to determine whether the commute would be practical or more of a daily grind.

Check tenancy deposit and inventory provision

For rental properties, ask the landlord / agent about what they have in place in terms of a tenancy deposit scheme; it is essential from the start that a clear agreement is made on protecting your deposit and noting the condition of the property to avoid any potential disputes.

Research the agent

It is important to make sure you are dealing with a reputable estate agency; looking at their website is a good start to see if they members of any professional associations, if they have won any awards and whether their information is accurate and up to date.  Question the agent to see if they are knowledgeable about the property and market in general.  If you’re looking at a rental property, ask whether the agent will be managing and if they aren’t it is worth finding out who will be.

How do “We Buy Houses” companies buy your house fast in St. Louis MO and why would I want to sell my house in St. Louis MO to them?

January 24th, 2010

St. Louis, MO : Homeowners that need to sell their house fast in St. Louis usually ask friends and family how “We Buy Houses” companies and real estate investors can buy their home for cash within the week.

The most common question we hear from homeowners that need to sell their house in St. Louis MO fast is “Has anyone ever answered the “We Buy Houses” ads that say “We will buy your house”? How does that work, why would I want to sell my house to them and are they trying to buy my house for cheap?”

Here is how they can buy your house fast in St. Louis MO and why real estate investors and “We Buy Houses” companies want to buy your house in St. Louis, in laymen’s terms.

“We Buy Houses” companies and real estate investors CAN buy your home fast in St. Louis Mo with a number of creative solutions to end your financial stress. If you need to sell your house fast in St. Louis MO and you need cash for your home or you need money for your home fast (meaning within the week) you will likely get a little less money in a quicker time frame.

If you could sell your home using traditional means, such as a realtor or FSBO (for sale by owner) signs, you could do so but it could take years. The “We Buy Houses” company or real state investor will buy your house fast but expects to get a discounted price for your house for sale in St. Louis MO in exchange for making it a quick smooth process, taking on the inconvenience and risk of buying your house fast.

Another possible solution if you can’t sell for a discounted price is, if the home for sale in St. Louis is not marketable (a distressed property) and/or if you need to sell your house for full market value and are willing to get a partial payment up front and the rest later or in equity payments.

You might be going through financial hardship and need cash for your house fast, selling your house to an investor with flexible terms might be in your best interest.

“We Buy Houses” companies and professional real estate investors are investors, and buying houses is a business. Investors want to buy your house, put money into the property by doing repairs and marketing the house and in the end make a small profit.

Hopefully this simple explanation clears up the misconception that investors are trying to rip homeowners off. It is important to mention that not all investors are created equal. Homeowners should only do business with an honest, reputable company such as www.WeBuyAllHomesCash.com.

Just like any other transaction you have to pay for convenience. For example you can ship something for less money if you don’t care when it arrives to the destination, but if you need it to arrive within 24 hours there is going to be a convenience charge.

This is not to say that selling your house to a real estate investor costs more, because it doesn’t. The discount is just up front, instead of the traditional way of selling your house for $200,000 then paying closing costs of a few thousand, realtor commission of $12,000, not to mention the house payments and taxes you had to pay while waiting for a buyer and the closing. The sale price of $200,000 is meaningless, the actual money you have after paying all of aforementioned costs is what matters.

If you are contemplating selling your house in St. Louis MO to an investor versus selling your house in St. Louis MO with a realtor or For Sale By Owner be sure to compare apples to apples and contact http://www.webuyallhomescash.com for more info.

Real Estate Investors Buy Houses Fast for Cash – They Help Homeowners See Light at the End of the Tunnel by Buying Their Houses Quickly

January 8th, 2010

WeBuyAllHomesCash.com is a nationwide home buying machine. This company has purchased thousands of residential homes all over the US helping troubled homeowners that need to sell their house avoid foreclosure by selling their houses fast. http://www.WeBuyAllHomesCash.com specialty is connecting those that need to sell a house fast with ethical and professional local investors.

After our conversation I learned that the CEO of www.WeBuyAllHomesCash.com is empathetic to people suffering from adversity and financial problems and understands that they need help fast and need to sell their house fast too. He said “I am proud that my company has the resources to buy houses quickly to help financially troubled people move on from their situation and have a fresh start”.

He specifically designed his company to be able to help those in unforeseen circumstances such as divorce, illness, unemployment, and financial difficulty to sell their house fast. “Too much debt and not enough income is a scary sinking ship, homeowners need a team like mine to buy their house for cash fast and relieve their stress,” he said.

The cofounder and CEO is especially proud, “that my company buys houses from people in any condition, any price range and just about any area. We can help almost anyone in any situation by buying their house and even close within 7 days if that is what the homeowner needs”.

From the sounds of it www.WeBuyAllHomesCash.com is exactly what this economy needs right now, a little light at the end of the tunnel from an honest reputable company. For more information on how they can buy your house fast visit their website at www.WeBuyAllHomesCash.com

Get more info on: buy houses and house for sale

Transport Disruption Drives Commuters Closer to the Office

January 7th, 2010

As the UK braces itself for more adverse weather this week it seems that commuters have had enough…

Estate agency Young London has been inundated with requests for central London rental property as commuters become increasingly fed up with transport disruptions.

Neil Young, CEO of Young Group, noted; “Whether it’s snow on the tracks in winter, the yearly autumnal issue of ‘leaves on the line’ or overheated points from our annual summer ‘heatwave’, commuters seem to have had enough.  More and more often our tenants are pointing to problems with their commute as a factor in their decision to move as close to their central London workplace as they can.

“In the past few days as weather warnings have increased, Young London’s enquiry rate has more than doubled.  We even had a call this morning from a prospective tenant stuck on a snowed in train to London from Uxbridge; fed up with the disruption and unreliability of the journey, she was Googling while stuck on the train, actively looking for a rental property much closer to work.”

Not everyone will be able to buy a place in the centre of London, but rental prices are much more affordable.

The Landmark at Canary Wharf is a mere 500 metre walk from the heart of the financial district and brand new rental apartments are now becoming available with long term rental apartments priced from £300 per week.  Similarly convenient developments available through Young London include, Devonshire Street in the heart of Mayfair (from £250 per week), myBASE1 in Southwark – a short stroll across the River Thames from the City (from £325 per week), Ability Place in E14 (from £265 per week) and Kings Quarter in Kings Cross (from £265 per week).

Young London
Phone:                                                   +44 (0)20 7593 3300
Online:                                                   www.younglondon.co.uk
Twitter:                                  www.twitter.com/younglondon

Property Owners Predict Small Base Rate Rise of 0.6% Through 2010

January 6th, 2010

It’s not only economists and industry commentators who expect little change to the base rate through the course of 2010.  Property owners also believe that there will be only a slight rise in the cost of borrowing over the next 12 months as the Government battles to get the economy back on track.

Results are from the latest Young Index (for Q4 2009) of market sentiment from Property Portfolio Managers, Young Group.  They show that although 76% of respondents expect the Bank of England base rate to be higher than the current all time low of 0.5% by the end of 2010, only 6% of respondents believe that it will have risen to more than 2.0%, well below the long term average of 5.0%.

According to latest Young Index results, the average base rate expectation for Q4 2010 1.1%, a rise of only 0.6% from the current level.

Neil Young, CEO of Young Group, commented; “Certainly in the short term, the Bank of England’s Monetary Policy Committee is unlikely to make any significant change to the base rate.  Despite beginning its programme of quantitative easing back in March 2009, the full impact is still yet to be assessed.  The MPC is likely to hold off announcing further changes until it has access to next month’s quarterly inflation report which will provide a full update on the state of the economy.”

Young Index: Headline Results for Q4 2009

  • 99% of landlords intend to hold their residential property investments for the next 12 months.  49% intend to hold their assets for at least 10 years (up from 44% in Q3 2009) and 22% of private residential property investors intend to retain their property investments for the next 20 years or more.
  • On average, residential property investors now expect to hold their property investment assets for the next 12 years, two years longer than this time last year.
  • 59% of landlords are considering purchasing additional residential property assets within London over the next 12 months, compared to 43% who are looking at opportunities in the UK outside of the capital.  This compares to 33% and 8%, respectively, in Q4 2008 and is a continuation of last quarter’s upward trend.
  • The outlook for London property prices remains stable and is stronger than for the rest of the UK.  76% of investors believe that London prices will be at current levels or higher by this time next year (up from a low of 36% this time last year).
  • An increasingly large proportion of respondents (60% in Q4 2009, compared to 51% in the previous quarter) believe that UK property prices outside of the capital will rise within the next 12 months.
  • The expectation for the pace of property price recovery remains conservative.  Landlords predict that average property prices across London will stand 0.7% higher by the end of 2010 – but that outside the capital, the UK will see a fall of 1.0% over the same period.
  • Perhaps unsurprisingly, 76% of respondents expect the Bank of England base rate to be higher than the current all time low of 0.5% by the end of 2010.  But only 6% of respondents believe that it will have risen to more than 2.0% by the end of 2010, well below the long term average of 5.0%.
  • According to latest Young Index results, the average base rate expectation for Q4 2010 1.1%.
  • Despite reports of mortgage finance becoming more widely available of late, 39% of respondents cite a lack of appropriate mortgage finance as their current main concern, compared to just 28% this time last year.
  • Pointing to an increasingly positive outlook towards property prices, currently only 16% of landlords are hoping to see greater house price stability in the New Year, a marked swing from the 36% who hoped for increasing stability in Q4 2008.

Property Owners Predict Near Stable Prices for 2010

December 19th, 2009

Results from the latest Young Index show that homeowners forecast 2010 to be a year of consolidation and stability in the residential property market.

Far from the large property price changes foretold at either extreme of the wide ranging predictions made by agents, lenders and economists, the man in the street expects UK house prices to fall by a modest 1.0% during the course of 2010.  London, on the other hand, is predicted to perform slightly stronger than the national average by charting a growth of 0.7%.

Forecaster (annual price change, 2010) UK London
Young Index1 -1.0% +0.7%
Knight Frank2 -3.0% +3.0%
Cluttons3 -1.5% +2.6%
Savills4 -6.6% -1.0%
Jones Lang LaSalle5 -7.0% -6.0%
Rightmove* -10.0%

n/a

DTZ* +2.5%

n/a

Nationwide* -10.0%

n/a

CEBR* +4%

n/a

Citigroup* +5 to10%

n/a

Sources:

  1. Young Index sentiment survey, Q4 2009 (December 2009)
  2. Residential Market Forecast (October 2009)
  3. Residential Property Forecasts (November 2009)
  4. Residential Property Focus (November 2009)
  5. UK Residential Market Forecasts (November 2009)

*      Press Report

Neil Young, CEO of Young Group, comments, “Young Index directly polls the opinions of property owners – people who own their own homes and also investment properties – and it’s clear that they remain cautiously optimistic, expecting prices to remain relatively unchanged during 2010.  Interestingly, Young Index reveals that London is expected to out-perform the rest of the UK and is set to lead the market recovery.”

The consolidation indicated by average price expectations is also reflected by the fact that 59% of those questioned are considering purchasing additional residential property assets to rent out within London over the next 12 months, compared to 43% who are looking at opportunities in the UK outside of the capital.  This compares to 33% and 8%, respectively, in Q4 2008 and is a continuation of last quarter’s upward trend.

However, the lack of buy-to-let mortgages is of increasing concern to UK residential landlords, more so than any other aspect of the rental sector. When asked what improvement they would most like to see in 2010, 39% indicated that they long for more buy-to-let finance options. This is a significant increase on the fourth quarter of last year, when 28% picked the lack of buy-to-let mortgages loans as their major concern.

Young Index: Headline Results for Q4 2009

  • 99% of investors intend to hold their residential property investments for the next 12 months.  49% intend to hold their assets for at least 10 years (up from 44% in Q3 2009) and 22% of private residential property investors intend to retain their property investments for the next 20 years or more.
  • On average, residential property investors now expect to hold their property investment assets for the next 12 years, two years longer than this time last year.
  • 59% of investors are considering purchasing additional residential property assets within London over the next 12 months, compared to 43% who are looking at opportunities in the UK outside of the capital.  This compares to 33% and 8%, respectively, in Q4 2008 and is a continuation of last quarter’s upward trend.
  • The outlook for London property prices remains stable and is stronger than for the rest of the UK.  76% of investors believe that London prices will be at current levels or higher by this time next year (up from a low of 36% this time last year).
  • An increasingly large proportion of respondents (60% in Q4 2009, compared to 51% in the previous quarter) believe that UK property prices outside of the capital will rise within the next 12 months.
  • The expectation for the pace of property price recovery remains conservative.  Landlords predict that average property prices across London will stand 0.7% higher by the end of 2010 – but that outside the capital, the UK will see a fall of 1.0% over the same period.
  • Perhaps unsurprisingly, 76% of respondents expect the Bank of England base rate to be higher than the current all time low of 0.5% by the end of 2010.  But only 6% of respondents believe that it will have risen to more than 2.0% by the end of 2010, well below the long term average of 5.0%.
  • According to latest Young Index results, the average base rate expectation for Q4 2010 1.1%.
  • Despite reports of mortgage finance becoming more widely available of late, 39% of respondents cite a lack of appropriate mortgage finance as their current main concern, compared to just 28% this time last year.
  • Pointing to an increasingly positive outlook towards property prices, currently only 16% of landlords are hoping to see greater house price stability in the New Year, a marked swing from the 36% who hoped for increasing stability in Q4 2008.

UK landlords are becoming more confident

December 17th, 2009

Over half (58 percent) of the UK’s landlords are feeling more confident about the buy-to-let market in December 2009, than they did last month, according to the latest poll[1] from Upad.co.uk.

Comments made by those respondents feeling more confident included:

  • The market at the lower end is buoyant, but the high end is very slow to let.
  • Where I am (the North West), the rental market seems to be holding up fine.

For the 42 percent who are feeling less confident, statements included:

  • This recession began in Autumn 2007, and it isn’t going to end next year…
  • I am less confident purely because I have two empty premises on my hands at the moment.
  • There is too much red tape being invented to protect tenants and no protection for landlords.

Commenting on Upad’s Rental Confidence Index findings, James Davis, company founder and CEO, said: “It’s positive to see that landlords are – for the main part – feeling more confident about the buy-to-let market.

“2009 was a challenging year for the private rental sector – mortgages became scarce, and the shortfalls of amateur landlords were exposed.

“This is our first Rental Confidence Index, and we intend to run them on a monthly basis – polling more than 10,000 landlords. Through them, we can gauge an overview of market optimism. And, I firmly believe that confidence levels will continue to increase throughout 2010.”

Upad.co.uk launched in October 2008, enabling landlords to advertise each property for a one-off cost of £59.  The service then became available to the 1.5 million landlords across the UK in May 2009.

-Ends-

Notes to editors

About Upad.co.uk:

Upad.co.uk (http://www.upad.co.uk) is the UK’s largest online lettings agent, with more than 250,000 rental properties.

The site provides landlords with the largest online property distribution platform, ensuring extensive exposure for their properties. And, it maximises tenant leads for landlords, minimising unnecessary void periods by offering a comprehensive tenant-find service. Landlords pay a one-off fee of £59 per listing.

Upad.co.uk is free for renters to use, and helps them find their ideal property quickly and easily. It enables online searches that are interactive and intuitive, to produce relevant properties.

Launched in October 2008 under the banner ‘reinventing renting’, the company’s innovative approach is aimed at filling a gap in the property rental market.

Read the Upad.co.uk blog at http://www.upad.co.uk/blog/, or follow upad on Twitter at http://twitter.com/jamesATupad, and the Upad.co.uk Rental Surgery on Facebook at http://www.facebook.com/pages/UPAD/16196042214?ref=share.

In September 2009, Upad.co.uk was shortlisted in the UK 2009 Tech Media Invest Top 100 list http://www.guardian.co.uk/tech-media-invest-100/top-100.


[1] Upad’s Rental Confidence Index. 233 UK landlords questioned: Are you more confident or less confident about the buy-to-let market than you were last month?

Top of Landlords’ Christmas List: Wider Mortgage Choice

December 17th, 2009

Results from the latest Young Index show that ‘wider choice of mortgage finance’ is top of our residential Landlords’ Christmas Wish List.

This quarter’s finding from Young Group’s market sentiment survey indicates that despite a small increase in the volume of mortgage products on the market, increasingly, all landlords want for Christmas is a wider choice of appropriate mortgage finance.

It was the top choice of landlords, with 39% putting it top of their wish list (compared to 28% in Q4 2008).  Perhaps in response to recent housing price data, which has seen stabilisation and small rises, ‘house price stability’ was knocked from last year’s number one position by ‘wider mortgage choice’.

Also more important to landlords this year was their own ‘job security’ indicating that there is still uncertainty over employment in the minds of residential property investors. Those choosing ‘job security’ as the most desirable option rose by 6% to 27% in the past 12 months, and shifted up from third to second place on the Young Index Landlords’ Christmas Wish List.

It seems that the landlords questioned are yet to get behind the 1808 Coalition’s push for stamp duty reform.  It languishes at the bottom of the Landlords’ Christmas Wish List with just 4% picking it as their first choice.

Landlords were also relatively uninterested in ‘further reductions in base rate’ with only 7% putting an interest rate cut at the top of their list; unsurprising with base rate remaining at an all time low of 0.5%.

Neil Young, CEO of Young Group, summed up, “Our annual Landlords’ Christmas Wish List is a fun but insightful snapshot into the state of the property market and the wider economy, as seen through landlords’ eyes.”

Young Index: Headline Results for Q4 2009

  • 99% of investors intend to hold their residential property investments for the next 12 months.  49% intend to hold their assets for at least 10 years (up from 44% in Q3 2009) and 22% of private residential property investors intend to retain their property investments for the next 20 years or more.
  • On average, residential property investors now expect to hold their property investment assets for the next 12 years, two years longer than this time last year.
  • 59% of investors are considering purchasing additional residential property assets within London over the next 12 months, compared to 43% who are looking at opportunities in the UK outside of the capital.  This compares to 33% and 8%, respectively, in Q4 2008 and is a continuation of last quarter’s upward trend.
  • The outlook for London property prices remains stable and is stronger than for the rest of the UK.  76% of investors believe that London prices will be at current levels or higher by this time next year (up from a low of 36% this time last year).
  • An increasingly large proportion of respondents (60% in Q4 2009, compared to 51% in the previous quarter) believe that UK property prices outside of the capital will rise within the next 12 months.
  • The expectation for the pace of property price recovery remains conservative.  Landlords predict that average property prices across London will stand 0.7% higher by the end of 2010 – but that outside the capital, the UK will see a fall of 1.0% over the same period.
  • Perhaps unsurprisingly, 76% of respondents expect the Bank of England base rate to be higher than the current all time low of 0.5% by the end of 2010.  But only 6% of respondents believe that it will have risen to more than 2.0% by the end of 2010, well below the long term average of 5.0%.
  • According to latest Young Index results, the average base rate expectation for Q4 2010 1.1%.
  • Despite reports of mortgage finance becoming more widely available of late, 39% of respondents cite a lack of appropriate mortgage finance as their current main concern, compared to just 28% this time last year.
  • Pointing to an increasingly positive outlook towards property prices, currently only 16% of landlords are hoping to see greater house price stability in the New Year, a marked swing from the 36% who hoped for increasing stability in Q4 2008.

Young London Scoops Gold Award at the 2009 Estate Agency of the Year Awards

November 27th, 2009

Young Group’s estate agency business, Young London, has scooped Gold as the Best Small Lettings agent in the UK at the Estate Agency of the Year Awards, sponsored by The Sunday Times.

Competition was stiff this year with a record number of entrants and more than 4,000 UK Estate Agent branches represented at the awards luncheon hosted by Penny Smith.

The Best Small Letting Agency Award – for letting agents with three branch offices or fewer – saw eight letting agencies shortlisted and Young London walk away with the top accolade.

Neil Young, CEO of Young Group, was delighted to receive the award; “The Young London team’s professional approach and commitments to providing the best possible service to landlords and tenants has paid dividends!  We’re thrilled to have achieved Gold and were particularly pleased by the judges’ comments that praised our analytical approach, research focus and innovative use of marketing.”

The Sunday Times Awards’ judging panel was impressed with Young London’s attention to detail and excellent standards of service, noting that it sets us apart from many of our competitors.

They also praised the fact that the Directors are extremely hands-on; recognising that landlords and tenants have a choice of agents and striving to deliver exceptional levels of service.  Young London’s authority on developments within the property industry and local knowledge, along with our monthly market report LONDON UPDATE, were regarded as “extremely impressive”.

A special mention was made of the welcome pack that tenants receive, which includes a Molton Brown gift selection and a copy of Young Group’s hardback book ‘The London Companion’.

Summing up, the judges commented: “The professionalism of each member of Young London forms the backbone of their business; they have an analytical approach to evaluating the market and investment opportunities, reaping well deserved rewards.”

The event, now in its sixth year, was this year supported for the first time by The Sunday Times and is widely recognised as the most important in the industry calendar.

Following their initial submissions, each of the winners has been subjected to rigorous scrutiny by a panel of independent industry experts and the whole judging process was overseen by the Property Ombudsman, Christopher Hamer.

In addition to title sponsor, The Sunday Times, the 2009 awards sponsors included: My Home Move, Mortgage Talk, ARPM, Globrix, Rightmove, Moneypenny, Dove & Hawk, The Academy, Phoenix, Reapit and leading developer, Banner Homes.  Once again the Awards were also supported by the Property Ombudsman and leading professional bodies the NAEA and ARLA.

The special achievement award for 2009 was presented to the Property Ombudsman Chairman, Bill McClintock in recognition of his exceptional and continuing contribution to the industry.

Peter Knight, Chairman of the event organisers Estate Agency Events was delighted with the 2009 awards, “I hope that our record number of entries this year and the very little time it took for the event to sell out is an indicator that we may have reached the bottom of the slump.  There is no doubt that 2010 will still be a challenging year for our industry and the absolute commitment to excellence that all our winners have demonstrated will be vital for the industry to return to growth and thrive in the future. I cannot commend the examples set by Gibbs Gillespie and the other winners highly enough. The award winners and the participants in the accompanying Leadership Summit and Future Estate Agency and Lettings Live Seminars are shining examples whom I would urge all others to aspire to.

“I would also like to add my grateful thanks particularly to the team at The Sunday Times whose support has helped make the 2009 Awards even the biggest and best event yet.”

The chosen charity for the 2009 Awards was Help for Heroes and the event was addressed by the charity’s Mark Elliott who explained how money raised will go to help the charity’s Launchpad to Life and Combat Stress initiatives which help ex-service people who cannot return to active service and need help re-adjusting to civilian life due to physical or mental breakdowns or injury. Donations on the day raised £5,000 which will be donated to Help for Heroes via the Estate Agency Foundation, an umbrella charity through which agents’ donations go to existing charities that help combat the causes of homelessness.

Southern Plains Land Co. recognizes shift in Investment Property interests

November 20th, 2009

Texas & Oklahoma Land Brokerage Company, Southern Plains Land sees new interest in Investment Property, primarily Farm Lease-backs, from investors who are typically not agribusiness minded, but have lost trust in the stock market, bank CDs, net-leased retail and similar commercial property.

“We are receiving more and more interest from investors in ranches and farms for sale, rather than actual ranchers and farmers, mainly because of the lease potential, especially in crop farms. It is not uncommon to see a return of 5% – 6% net return offered on a 5-year lease-back when shopping farms for sale in the Southern Plains states.”, says Rancher, Farmer and co-owner of Southern Plains Land Co., Kalin Flournoy.

“A decent net return can be obtained from some cattle ranches for sale, only if a very experienced hands-on land brokerage and a good cattle operator structure the deal. The lease value of cattle ranches is typically more consistent and longer term than farm leases, as cattle futures have been more stable in the last few years than grain futures; however, cattle ranches cannot compete in net returns for a buyer in today’s market like crop farms”, Flournoy said.

Typically, when investing into land for sale, especially agribusiness investments, the aggregate value of a buyer’s initial investment is much safer than retail commercial property. The purchase value is typically vested in the land for sale and not so dependant on the strength of the tenant and lease portion of the sale, as it is in most commercial properties. Vacancies are not an issue with ranch or farm leases, as ranchers and farmers will actually compete for leases, according to Flournoy.

To know more about SouthernPlainsLand, Visithttp://www.southernplainsland.com/

Dubai investing

November 12th, 2009

Do you think it is possible to prevent property credit crunch and invest in property market? Simply buy in Dubai. You can discover a lot of facts related to capital in UAE. A lot of shots of amazing, top official property are in newspapers and internet.

Properties there are best specification in amazing surroundings. Many people appears interested on Dubai Property. I think I understand them everyone would like to live or spent holiday in own property.If property is located in Dubai the property is more likely amazing. Pleasent, turquoise water, marine life, sunbathing all the time just few benefits of having a good property in Dubai.

Of course not all people see only advantages. A lot of people moving to Dubai simply because is a lot attractive, good payable jobs around and people will need own place own property. Also it is much better have own home, even if it is for a few years. These individuals, they can always resell the property in Dubai. It is likely they will have good benefit from selling.

Some of properties in Dubai are being sold but it is still a lot ofbargain properties in Dubai to buy, with very good views and in good area. Plenty of people from the whole world are investing in properties in Dubai. So visit Dubai Property for more reports.

Base Rate Held at 0.5% but Property Investors Predict Base Rate of 1.2% by Q3 2010

October 9th, 2009

As widely expected, the Bank of England’s Monetary Policy Committee (MPC) elected to hold the base rate at its current level of 0.5% during October, but property investors are preparing themselves for a rise.

Neil Young, CEO of Young Group, commented; “Today’s announcement comes as no surprise.  Base rate is unlikely to change until the Bank of England’s  Quantitative Easing policy has ceased and, as expected, the Monetary Policy Committee has delayed making any decision regarding changes to its Quantitative Easing programme until after next month’s quarterly inflation report.”

However, residential property investors are mindful that rates will not remain at the current historic low forever.  Results from Young Group’s latest Young Index investor sentiment survey show that residential property investors expect the base rate to rise over the coming year to stand at just over 1% by Q3 2010.

Neil Young continues; “Our Young Index results show that investors expect to see an upward movement in base rate from the current historic low of 0.5%, but that the uplift will be gradual, as you would perhaps expect when emerging from an economic downturn.”

-ends-

Young Index: Headline Results for Q3 2009

  • 98% of investors intend to hold their residential property investments for the next 12 months.  44% intend to hold their assets for at least 10 years (up from 41% in Q2 2009) and 27% of private residential property investors intend to retain their property investments for the next 20 years or more (up from 25% last quarter).
  • On average, residential property investors now intend to hold their investment assets for the next 12 years, two years more than this time last year.
  • 53% of investors are considering purchasing additional residential property assets within London during the next 12 months, compared to 26% who are looking at opportunities in the UK outside of the capital.
  • The outlook for London property prices is stronger than for the rest of the UK.  77% of investors believe that London prices will be at current levels or higher by this time next year (up from a low of 36% in Q4 2008).
  • The expectation for the pace of property price recovery is conservative.  Landlords forecast an average property price rise of 0.73% for London property – and a fall of 1.62% for UK property outside the capital.
  • 51% expect UK property prices outside of the capital to be at current levels or higher within 12 months; the first time since the start of the credit crunch that the majority of respondents point to a UK-wide positive price sentiment.
  • 22% of respondents expect the Bank of England base rate to be at the current all time low of 0.5% in 12 months time and 98% believe that it will remain below 2.0%, well below the long term average of 5.0%.  According to latest Young Index results, the average 12 month base rate outlook is 1.2%.
  • 57% of respondents cite a lack of lending in the mortgage market as the principal barrier to investment property acquisitions.

Latest 12 Month Base Rate Forecast is 1.2%

October 7th, 2009

Results from Young Group’s latest Young Index investor sentiment survey shows that residential property investors expect the base rate to rise slightly over the next 12 months to just over 1%, but to remain well below the long term average throughout 2010.

In line with the survey respondents’ forecasts Neil Young, CEO of Young Group, does not expect the base rate to change when the Monetary Policy Committee announces the decision of this month’s deliberations.  He comments; “The Bank of England’s Monetary Policy Committee is widely expected to delay making any decision regarding changes to its programme of Quantitative Easing until after it has had a chance to evaluate November’s quarterly inflation report.  Base rate is unlikely to change until the Quantitative Easing policy has ceased.

“Our Young Index results show that investors expect to see an upward movement in base rate from the current historic low of 0.5%, but that the uplift will be gradual, as you would perhaps expect when emerging from an economic downturn.”

-ends-

Young Index: Headline Results for Q3 2009

  • 98% of investors intend to hold their residential property investments for the next 12 months.  44% intend to hold their assets for at least 10 years (up from 41% in Q2 2009) and 27% of private residential property investors intend to retain their property investments for the next 20 years or more (up from 25% last quarter).
  • On average, residential property investors now intend to hold their investment assets for the next 12 years, two years more than this time last year.
  • 53% of investors are considering purchasing additional residential property assets within London during the next 12 months, compared to 26% who are looking at opportunities in the UK outside of the capital.
  • The outlook for London property prices is stronger than for the rest of the UK.  77% of investors believe that London prices will be at current levels or higher by this time next year (up from a low of 36% in Q4 2008).
  • The expectation for the pace of property price recovery is conservative.  Landlords forecast an average property price rise of 0.73% for London property – and a fall of 1.62% for UK property outside the capital.
  • 51% expect UK property prices outside of the capital to be at current levels or higher within 12 months; the first time since the start of the credit crunch that the majority of respondents point to a UK-wide positive price sentiment.
  • 22% of respondents expect the Bank of England base rate to be at the current all time low of 0.5% in 12 months time and 98% believe that it will remain below 2.0%, well below the long term average of 5.0%.  According to latest Young Index results, the average 12 month base rate outlook is 1.2%.
  • 57% of respondents cite a lack of lending in the mortgage market as the principal barrier to investment property acquisitions.