There are many reasons that people become private landlords. Some people plan to invest in property whilst others become ‘accidental landlords’ and find themselves in the position without much prior planning. Whether you are investing in a buy to let property, or need to let your family home there are some things that you will need to consider first.
Posts In: Investors
Maximising the Rental Return on your InvestmentJune 15, 2018
Over the last few years it has become increasingly difficult for first-time buyers to get onto the property ladder, and despite government incentives to not only help people to buy property but to also increase the tax liabilities for investors buying a second property, there is still a huge amount of demand for good rental accommodation as a long-term housing solution.
Letting Property Market in GlasgowApril 20, 2018
Are you renting out property in Glasgow’s West End? Then you probably know by now the local letting market is growing at a fast pace. At Clyde Property we have strong demand for accommodation from active, vetted tenants across all price brackets. Rents are rising and properties are letting faster than ever, with 70% of units coming to the market being let in a month or less. (source) (more…)
How to Start a Property Letting PortfolioApril 12, 2018
There has been plenty of media coverage on the topic of letting profitability, and while the landscape has become perhaps more complex to navigate, we believe there is a lot of opportunity for growth in this market, with the right guidance and information.
There are still great opportunities going in current property hot spots such as Glasgow’s West End, or in any area that has an obvious appeal – such as student cities or commuter towns. Though recent tax changes have made things slightly tougher for potential landlords, there is still good potential to invest well and supplement your income, pay into a rental property for a future pension fund, or even get into the property investment business full-time.
Like most investment opportunities, the more informed your decision, the better chance of your investment paying off. Consider the following points, and go in with your eyes wide open to any hidden costs and potential pitfalls as well as opportunities for success. (more…)
Latest Property Market Trends in ScotlandMarch 4, 2018
The first RICS UK Residential Market Survey for the year is in, with January showing an expected slower start to the year before the traditionally busier housing market spell in the spring. There is optimism that the next twelve months will show a positive upturn for sales across the whole of the UK, though numbers of available housing stock still remain an issue. (more…)
The Latest Scottish Property Market TrendsFebruary 24, 2018
The first RICS UK Residential Market Survey for the year is in, with January showing an expected slower start to the year before the traditionally busier housing market spell in the spring. There is optimism that the next twelve months will show a positive upturn for sales across the whole of the UK, though numbers of available housing stock still remain an issue. This is leading to steady price growth for property, including across central Scotland and in Glasgow in particular. Prime property sectors and more expensive tiers of the market are facing particular challenges, with sales accepted below asking prices for the most expensive properties. (more…)
Tenants biggest turn-offsFebruary 8, 2018
Living in rental accommodation has been on the rise in the UK in recent years and so there is a growing need for good quality properties to let across all budget levels. And since taxation has changed for landlords, becoming profitable in some areas might be challenging, but areas of Scotland still offer some of the best yields available and make a very good investment even in the current legislative environment. (more…)
Would You Sell Property in Bitcoin?December 20, 2017
If you’ve watched the news lately, or picked up a paper, chances are you’ll have come across the term ‘Bitcoin’. Even more specifically, a homeowner in south London, Peckham, put their house on the market earlier this year with an asking price of £1.65 million – OR offers in excess of 500 Bitcoin with more properties coming on the market globally with a price in Bitcoin. (more…)
2017 in Review: the Scottish Property MarketDecember 18, 2017
While we look back at 2017 we can all agree it has been an unprecedented year in terms of general context. The Scottish property market, however, has proven to be more resilient than ever, continually demonstrating positive signs of growth.
In this post, Clyde Property takes a look back at our top stories of 2017, as well as some recent developments within the Scottish property sector. (more…)
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