Author: amoore70

  • Understanding HMOs and Their Impact on Mortgages

    The property market in the UK offers various investment opportunities, with Houses in Multiple Occupation (HMOs) being a popular choice for landlords seeking higher rental yields. However, HMOs come with specific regulatory requirements and implications for mortgages. This article explores what an HMO is, the legal requirements for operating one, and how HMOs affect mortgage… Read more

  • Understanding Equity Release : What It Is and How It Works

    As the population ages, many homeowners in the UK are looking for ways to access the wealth tied up in their property to fund their retirement or other financial needs. Equity release is one such solution, allowing homeowners to unlock the value of their home without the need to sell or move. This article explores… Read more

  • The top 10 places in UK with best rental yields in 2024

    In 2024, several UK cities and regions offer attractive rental yields for property investors. Here are the top ten locations currently providing the highest rental yields: These locations highlight the regional disparities in rental yields across the UK, with Northern and Midlands cities offering some of the highest returns for buy-to-let investors. While London and… Read more

  • Is it better to buy a one bedroom or two bedroom apartment as an investment?

    When deciding whether to invest in a one-bedroom or two-bedroom flat in the UK, several factors must be considered to determine which option is better suited for your investment goals. Here’s a detailed comparison of one-bedroom versus two-bedroom flats: 1. Rental Demand and Market Appeal 2. Rental Yields 3. Purchase Price and Affordability 4. Capital… Read more

  • What is income protection and how does it work?

    Income protection insurance is a type of policy designed to provide financial support if you are unable to work due to illness or injury. It ensures that you continue to receive a portion of your income while you recover and are unable to earn. Here’s a detailed look at income protection and how it works… Read more

  • Understanding flying freehold in property law

    Understanding Flying Freehold in UK Property Law Flying freehold is a somewhat obscure but important concept in UK property law. It refers to a specific type of ownership arrangement where part of a freehold property overhangs or underlies another freehold property. This can occur in various scenarios, such as in older buildings where parts of… Read more

  • CCJ’s and impact on mortgage applications

    Introduction: County Court Judgments (CCJs) are legal orders issued by county courts in England, Wales, and Northern Ireland. They are typically issued against individuals or businesses who have failed to repay debts. In the context of mortgages, CCJs can have significant implications for borrowers, affecting their ability to secure financing and potentially leading to adverse… Read more

  • Understanding rental yields: Demystifying Rental Yields: Understanding Their Significance in the UK Property Market

    Introduction: Rental yields are a key metric used by investors to assess the profitability of a property investment. In the UK, where the real estate market is dynamic and diverse, understanding rental yields is essential for both seasoned investors and those considering entering the property market. This article aims to elucidate the concept of rental… Read more

  • Marriage values explained

    In leasehold property transactions in the UK, “marriage value” refers to the potential increase in the overall value of a property when it is extended or enfranchised. This concept typically applies to leasehold properties with leases that have a remaining term of less than 80 years. When a leaseholder extends their lease or enfranchises (buys… Read more

  • Do I need planning permission for my loft conversion?

    Converting a loft into a functional living space is a popular home improvement project that can add value, space, and comfort to a property. However, before embarking on a loft conversion project in the UK, homeowners must understand the planning permission regulations governing such developments. In many cases, loft conversions may fall under permitted development… Read more