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  • Property-a-holics

    Telegraph article - Why BTL will rise again



    Interesting article in the Telegraph says that landlord woes are just a "blip" and that the long-term outlook for us is good!

    Excerpt:

    The population of the UK is an estimated 66 million, according to the Office for National Statistics (ONS), and it’s expected to continue growing, reaching almost 73 million by 2041.

    But Britain’s housing market is struggling and we are still not building homes fast enough to keep up with demand. Plus, house prices – at an average of £226,234, according to the ONS – are not affordable for many aspiring homeowners.

    It’s no surprise that the number of households in the Private Rental Sector rose by 25pc between 2011 and 2018, to 4.5 million, according to the government’s English Private Landlord Survey. This makes it the second largest tenure in England and home to a fifth of all households – 35pc of which are families with dependent children.

    Rental demand remains high, rents are higher still – up to £861 a month, according to Your Move – and buy-to-let mortgage rates are low.

    So, while continued challenges for landlords (and there are more to come) mean we are likely to see the buy-to-let market stagnate in the near future, the long-term demand for the sector is clear.

    As history has shown us, the Private Rental Sector always bounces back.

    Full/source article 

    SEE ALSO  -        9 irrefutable reasons why property is still a viable investment + Landlord Survival

    UP NEXT -            Seeing the angles - a silver lining from S24

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    BTL was never going to be wiped out, it is just going to become  a more professional sector.  Adapt to the changes to date and those yet to come and there will be living to be earnt, however it’ll be taxed and regulated to become much like any other “real” business, the days of having a few btl’s as a hands off sideline with good returns for little effort are probably gone.
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    I hope it will be taxed like any other business. Then we won't be taxed on our borrowing just as any other business is not.
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    The demand continues to increase. 350k legal and say 150k illegal immigrants every year  need to live somewhere.

    There is really no disputing this, stories about EU citizens bailing out pre Brexit ignores the fact that there is currently record numbers of EU nationals UK.

    For accommodation if there was a magic million house available tomorrow they would be gone in a flash. Building more of course but 200k per year is nothing. So that alone will keep rents up.

    What could change? Well anti B2L measures is reducing the sector by an allegedly 4,800 per month does nothing to help and the stupidity of rent control and Corbynistic hate measure will just make things worse.

    We continue to invest and keep exposure down by not going over 75% and using repayment to create a slow reduction of debt. We have chosen HMOs to a very good  standard and including popular extras, high speed internet as we attract gamers, hugely popular has worked. The future is good.

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    " stories about EU citizens bailing out pre Brexit ignores the fact that there is currently record numbers of EU nationals UK. "

    What those stories don't say also is that there are more people coming to live in the UK from the rest of the world each year than Europe. There is an unhealthy interest in Europe imho, like the rest of the world doesn't exist? If it's anything to do with Europe = good, ROW = bad.

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    It's not just all the immigrants. All the blo0dy old people just won't die!

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    As an elderly immigrant what should I do? Submit to involuntary euthsnisia?

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    Well we could just stop all this fornication and copulation that’s going on. With all these bl00dy babies that keep appearing.
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    It wouldn't be involuntary if you submit !!
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    The days of private individuals using BTL as a strategy to help grow their pension pot are gone. If you don't have a viable business today, which can withstand the persistent attacks from all angles, it will be very difficult if not impossible tomorrow. I believe the only way to build a business to take advantage of the obvious 'opportunity' will be as a Ltd company.
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    Shawbrook reports resilient post-Brexit outlook amongst brokers

    The annual Shawbrook Broker Barometer reveals a positive sentiment for 2020


    Despite the current political climate, commercial mortgage brokers remain optimistic about the year ahead, according to Shawbrook Bank’s Broker Barometer. With a resilient outlook, almost seven in ten (67%) stated that they feel confident about the lending environment in 2020.

    Other key findings from Shawbrook’s Broker Barometer:

    • Over half (53%) of brokers stated they feel confident about business growth in 2020.
    • Over a quarter (25%) of respondents have seen no change in business volumes in 2019, despite ongoing political uncertainty.
    • Even more positively, over a quarter (25%) have cited a healthy 10%+ increase in business volumes in 2019, compared with 2018. In addition, 22% have cited a 20%+ rise, up from from the 18% who reported the same increase in business volumes in 2018.
    • The top three challenges that the commercial mortgage brokers surveyed expect their businesses to face in 2020 are the impact of Brexit (58%), valuation issues (53%) and lending restrictions (36%).
    • More than one in five (62%) of brokers have seen investors diversifying into the commercial property market.

     Emma Cox, ‎sales director for Commercial Mortgages comments: “Despite the broker community showing some concern around the impact of Brexit as the deadline draws near, their confidence in business and the commercial property market for 2020 is still high.

    “As stated in our UK Commercial Property Market Report, there is still opportunity for experienced investors to grow and diversify their portfolios, providing they do their homework and seek appropriate advice. The barometer results have further highlighted this trend with a number of commercial mortgage brokers citing a large increase in the number of investors diversifying into the market. Clearly the impact of Brexit is unpredictable outside of the standard uncertainty commentary, but there is still opportunity to grow, as the barometer results show, with many brokers reporting an increase in business volumes. However, it’s important to remember that not every commercial property investment will automatically generate great returns, and that doing your homework on potential investments is hugely important.

    “As we have always stated, longevity and sustainability of market are key, and investors who work with experts across the lender and broker spectrum will be best placed to take advantage of future value that presents itself.”

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