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Vanessa Warwick · 20-07-2012, 04:23 PM

What is the most positive thing in property for you?

And the most negative?

It's interesting to create a snapshot in time as there are some serious issues on the horizon ... that may or may not come to pass ... .

MARY LATHAM · 20-07-2012, 04:57 PM

If you mean my properties, rather than the market....
The most positive is my financial freedom
The most negative that fact that "I never close" hahahaha

But at least I choose to work those hours I am not a wage slave.

Follow me on Twitter @landlordtweets

Vanessa Warwick · 20-07-2012, 05:06 PM

Thanks Mary.

I meant the market! Smile

I see some strange correlations.

+ve - Demand outstrips supply.

-ve - Rent arrears on the increase.

It's almost like planets are aligning for some very unusual juxtapositions.

Mark Alexander · 20-07-2012, 05:28 PM

Positive - property values falling = higher yields more bargains

Negative - property values falling = portfolio value decreasing hence more difficult to raise deposits to buy these bargains plus less appetite from lenders means less completion and higher fees and margins Sad

Vanessa Warwick · 20-07-2012, 06:24 PM

Yesterday, the Office for National Statistics revealed the first results from the 2011 census. It showed that the population of England and Wales surged by 3.7million in the last ten years – or 7.1 per cent.

It disclosed that the census had uncovered almost 480,000 more people than had been expected.

And this means the need for housing, especially affordable homes, is becoming more of an issue than ever before.

By the end of 2012, there will be 400,000 more households in the UK than there has been housing built; however no comprehensive Government plan of action is in place to contend with this.’

Read more: http://www.thisismoney.co.uk/money/mortg...z21BVAO4av

Phil Stewardson · 20-07-2012, 09:27 PM

For me the positives are obviously demand is just soooo strong, but also there are just loads of bargains about. I honestly think there is more potential now than I can ever remember .

Negatives are that confidence in the markets by supposed professionals and the real scary one for me - austerity cuts, particularly depth and impact.

We have completed 2 purchases this week, we have more in the pipeline, anything we can sell on though we are, so some we flip, some are refurbed and sold and anything that becomes vacant we are looking at possibility of disposal....cash is definately king and will become even more so.

Phil Stewardson.
Stewardson Developments Ltd.
http://www.stewardson.co.uk
@philstewardson

John Corey · 21-07-2012, 07:31 PM

The positive: The market is great for investors. The dumb money has left the marketplace so it is easier to do a deal that makes sense.

The negative: People thinking the market needs fixing so more regulation. All that is needed is an increase in the number of properties built so the numbers more closely match the total need. The market would be fine is we has slightly less regulation in terms of planning. There is money to build more.

Kamet Batra · 22-07-2012, 01:23 AM

+ve: Like everybody said, rental demand is high, loads of discounts around (scary)

-ve: Property values appear to be coming down a little bit which is not good as it weakens a lenders confidence in a particular market. If the do drop further they will within reach of more people hence the rental demand may start to fluctuate.

@ John, I hope this explains why I believe the long term strategy might be a little risky at this time. HERE

Jonathan Clarke · 22-07-2012, 08:58 AM

Positive - The repeated surge of adrenaline when the estate agent calls and I rush for my car keys. Me first, Me first
Negative - Sorry but I dont recognise this expression.

John Corey · 22-07-2012, 12:56 PM

(22-07-2012 01:23 AM)kamet_batra Wrote: +ve: Like everybody said, rental demand is high, loads of discounts around (scary)

-ve: Property values appear to be coming down a little bit which is not good as it weakens a lenders confidence in a particular market. If the do drop further they will within reach of more people hence the rental demand may start to fluctuate.

@ John, I hope this explains why I believe the long term strategy might be a little risky at this time. HERE

Thanks for the reply to the question in the other thread.

Based on what you shared above I would say you misunderstand the market dynamics so the risk you fear is not really valid. There are issues, just not what you think they are.

If I was to restate what you think is the risk, the easy way to neutralize the risk is to hold long term. We should really debate the topic in a fresh thread if we want to continue. It is off topic for this thread.

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