Most recent posts

Is Property as a Pension Plan a Good Idea?

By Tepilo on

Planning for your pension is definitely long-term thinking, and property investment is the epitome of the reliable, long-term investment. For many, their property is their pension. This is made more appealing with the UK property market in its current state. According to the Telegraph, rising property prices has led to a decline in home ownership in the UK, with the number of homes lived in by home owners falling from 71 per cent in 2003 to 65.2 per cent as of last year. Meanwhile, the number o...

Why you should check how your agent is marketing your home

By Steve on

You can rest reassured that Tepilo will market your property on both Rightmove AND Zoopla. Why is this even worth mentioning? Well, incredibly, a number of estate agents are actually dropping either Rightmove or Zoopla as a place to advertise their properties in an outrageous move that speaks volumes about what they think of their customers and the people looking to buy their homes. You see, between them, Rightmove and Zoopla cover 97% of all properties for sale in the UK. And as you’d expect, ...

How to Invest in Property with Little or no Money

By Tepilo on

It's often said that investing your money in property is one of the surest ways to secure profitable returns. However, the fact remains that you require a hefty amount of money to make that investment in the first place, and loans aren't always easy to come by. This, together with the amount of time it usually takes to see returns on your investment, is the reason many people choose to invest in the stock market instead, or let their cash generate interest in a savings account despite the lower...

When is the Best Time to Buy a House in 2015?

By Tepilo on

House prices in the UK are still at almost prohibitive levels, but they are expected to drop as 2015 takes hold. According to the Centre for Economics and Business Research (CEBR), the average house price dropped to £271,000 in October last year, and is expected to drop even more as a number of new voter-friendly buying policies come into effect. London’s property prices, which have experienced record growth since 2010, will be among the first to begin the reverse trend, and will slip by downw...

Say Goodbye to ‘Slab System’ Stamp Duty

By Tepilo on

In his Autumn Statement, UK Chancellor George Osborne revealed an important change to the stamp duty system that will make life easier for property buyers – and sellers. According to the UK Treasury, the new system will result in stamp duty cuts for 98% of property buyers. The property industry has long called for the abolition of the regressive and punitive ‘slab system’. Under these rules, stamp duty was charged in property value ‘slabs’; for example, property bought for anything from £125,00...

Can Elderly Care Help Alleviate the Housing Shortage?

By Tepilo on

Better support for the elderly could be an effective measure in combating the UK's housing shortage, according to the All Parliamentary Group on Housing and Care for Older People. Comprised of a mix of politicians and experts on UK housing and social issues, the organisation aims to highlight the link between elderly care and the UK property market, and to promote initiatives that can be of mutual benefit to both. Free the elderly to free up homes One such initiative is the proposed Help-to-Mo...

Tips to Buy BMV Property

By Tepilo on

Buying a property may be an expensive investment; but no matter how high prices go, there are always bargains to be had. For property investors, these bargains are usually referred to as BMV (Below Market Value) properties, and they're not as hard to find as you may think. Why would anyone want to sell a property at Below Market Value? So you're wondering if Below Market Value means there's something wrong with the property, or the area in which it is situated. But in truth, there are a number...

Young Londoners Sacrifice Space for Location

By Tepilo on

The capital, with its bright lights and entertainment, has always attracted young people, but at what cost? According to a recent survey, young Londoners would choose location (and affordability) over comfort any day when it comes to living in the perfect location. They would rather rent a tiny flat than a large property in another location, just to be close to the pulse and heartbeat of the central zone of London. According to the survey by Knight Frank, 54 per cent of 18 to 24 year olds said...

UK Landlords Face £3000 Fine for Failing to Check Tenants’ Citizenship

By Tepilo on

In an effort to clamp down on illegal immigration, the UK government has introduced new rules that put landlords in the hot seat if they neglect to conduct necessary checks to confirm whether or not prospective tenants are British citizens. Landlords will face a possible £3,000 penalty if they fail to comply with the rules. Landlords in Birmingham, Walsall, Sandwell, Dudley and Wolverhampton will be the first who have to comply with new rules. In most cases, they will be able to find the necess...

Moving House: What Will it Cost Me?

By Tepilo on

Whether you’re hiring professional movers, or taking the DIY approach because your budget is tight, moving house is a costly affair. Hiring professional movers takes the headache out of moving, though it hits the pocket hard. The price of moving will vary from company to company, so get at least five quotes from different companies to ensure you get the best bang for your buck. A good tip is to check your household contents insurance policy to see whether it covers your move. If it doesn’t, it...

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