It has been 12 weeks since the Brexit vote and the BTL market has many reasons to be optimistic. Recent figures from Rightmove show that the average asking price of a property coming to market has started to recover from the dip that followed June’s Brexit vote. The portal reports that in the last month, […]
Although Britain has not yet triggered Article 50, which gives the country two years to negotiate an exit from the EU, banks have reacted to the Brexit by curbing lending for buy-to-let landlords. But have they overreacted? Although landlords may be concerned about the future of property investment following changes by the banks, one expert […]
Local Peter Armistead (centre) celebrates after clinching a top-10 finish in the Fat Dog 120 ultra marathon. Photo by Photo submitted On Aug. 14, local runner Peter Armistead placed 10th out of 250 runners in the Fat Dog 120, an ultra-marathon trail race held in Manning Park, B.C. The Whistler resident finished the grueling […]
New Government plans will require buy-to-let landlords to spend up to £5,000 on energy efficiency improvements. But Peter Armistead has urged the Government to provide alternative support to landlords, now that the Green Deal has ended. Read the full article here. Landlords, have you started thinking about any energy efficiency improvements your rental property needs?
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 the purchase second […]
For many investors in London and the South East, the relentless pressure on buy-to-let income means that the numbers no longer add up. The stamp duty rise, tightened buy-to-let lending and cuts to tax relief is eroding profits and is forcing many landlords to review their portfolios. Read the full article here.
A recent report reveals that house prices in Britain’s biggest 20 cities rose at their fastest pace in 12 years in the first three months of the year, as buy-to-let investors rushed to beat April’s stamp duty hike. Peter Armistead, of Armistead, believes that savvy investors will be looking to the North East and West, […]
With 80 buy-to-let properties, former lawyer Peter Armistead takes a proactive approach to preparing for winter weather. He knows from experience what can happen otherwise: ‘I own a block of eight flats in a big old converted Victorian semi and the pipes burst on the top floor, leaking through to three flats below and causing […]
Viewing a new development these days can be a highly impressive experience – and you need not go anywhere near a building site. At the recent launch of Willmott Dixon’s Prime Place in Greenwich, prospective investors could look at sophisticated scale model developments then view specific layouts and features within a property online while taking […]
For Peter Armistead, Saturday’s (June 25) Tenderfoot Boogie Ultra was supposed to be a training run. “I’m training at the moment for a 120 mile race in Manning Park called the Fat Dog 120,” he explained. Armistead’s strategy was to complete the 50 km leg of the course in about seven hours. That all changed […]
Property investors looking to invest in the buy-to-let market should look to university towns in the North West to find the best returns.