This year has seen record numbers of landlords selling their rental properties in response to regulatory changes and economic uncertainty post-Brexit. But is it time to leave the buy-to-let market for good? According to Peter Armistead, the Managing Director of Armistead Property, landlords should not sell their properties unless they can get a better return […]
Growing amounts of regulation and taxation are putting landlords under increasing financial pressure. For those looking to offset these additional costs, there are plenty of more creative, and fair, options than simply putting up the rent. “Opportunities always exist,” says Peter Armistead, managing director of Armistead Property. “Treat your property as a business: make sure you […]
We’re very proud to release Phase 1 of Carlton Terrace (198 Upper Chorlton Rd, M16). Eight absolutely amazing 2 bed flats on the Chorlton/Old Trafford Border. Please see here.
Armistead Property Limited has won an award in the category of: Residential Development for Manchester with Chorlton Terrace !!
Over the last few months, landlords have seen their profits eroded with the Chancellors’ recent tax measures and it is becoming much harder to make money in the buy-to-let market. While increased financial pressures are driving some investors out of the market, there is still money to be made in the long term if landlords […]
Carlton Terrace Andrew Simpson
It appears that Brexit and the political uncertainty is not worrying landlords in the UK, but tax and the economy is weighing heavy. According to new research by Direct Line for Business, 41% of landlords in the UK are not that worried about Brexit, but cite tax and the economic outlook as their biggest concerns. […]
The Government’s recent assault on landlords with a series of tax hikes, have hit the sector hard, driving some to leave the buy-to-let market for good. The Government’s clear intention was to reduce BTL profits and contract the market, in an effort to stabilise house prices and help first time buyers onto the property ladder. […]
It comes as no surprise that a North-South divide is emerging in the buy-to-let market, with all of the top 10 hotpots found in the North of England. Rising property prices in London and the South East have made investing in this region increasingly unprofitable for landlords, a study* has claimed. A total of 100 […]
Over the last 30 years, stocks and shares have given investors great returns, but Halifax house price data for the 2000-2014 period shows £100,000 invested in property brought in a 132% return, whereas the same sum put into UK equities, even with dividends reinvested, made just 83%. Since 2014, property prices have surged partly down […]
New legislation set to be introduced in April 2018 will prohibit landlords from letting properties with low energy ratings. There are now just nine months left before the rule comes into action as part of a bid to lower carbon emissions in the UK. Managing Director of Armistead Property, Peter Armistead, said: ‘This legislation will […]
There has never been a better time to invest in residential property in Manchester. Excellent yields, strong capital growth, a booming economy and thriving rental market is making the powerhouse of the north, one of UK’s top property hot spots. Over that last fews years there has been a surge of overseas investors snapping up […]
Thanks to the Chancellor’s tax measures, many landlords are having to review their portfolios to find ways to protect their profits. Some landlords may be selling off unprofitable properties, while others will be incorporating their portfolio, or extending and refurbishing to enhance the rental income. While the new stamp duty tax on second homes has […]
It’s no surprise that Manchester has been named as one of Europe’s influential cities, thanks to its booming digital economy, enviable talent base and affordable cost of living. Over the last few years, Manchester has become one of Europe’s most dynamic and exciting cities in which to live and work, boasting an increasingly diverse economy […]