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  • Mortgages & Finance

    What landlords should focus on in 2017



    Welcome to Day 2 of our themed month of content called "Get into the property groove 2017" to get you on track for a profitable 2017!

    The new year is a great time for renewed focus. Today, Stephen Johnson, M.D. of Shawbrook Bank, shares his thoughts on what landlords should focus on in 2017 and the most effective strategies to utilise:



    In the video, Stephen mentioned the impact of the PRA on landlords securing funding.  Find out more here:

    Understanding the impact of PRA on landlords

    If you need assistance in understanding your financial position in 2017, please get in touch with Howard and the team at Property Tribes Financial Services on 01206 654444.

    If you have got value from this content, please share it on social media using hashtag #GITPG2017.

    Tomorrow:  Property commentator Kate Faulkner shares her thoughts on what landlords have to be positive about in 2017.

    What other things will you be doing this week to get back into the property groove and prepare for the new year?

    PREVIOUS         -          #GITPG2017 - 5 things to kickstart your year

    SEE ALSO  -                Year in Review | Top discussions of 2016

    BE INSPIRED -             New Year reflections - 2017 - bring it on!

    UP NEXT -                     7 tips for property success in 2017

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    A property investment financing specialist says an increasing number of buy to let investors are converting properties into Houses in Multiple Occupation to increase rental income as tax increases start to bite.

    Roma Finance funded more conversion cases of this type in 2016 than any previous year, it claims. The main reasons for the demand for bridging finance to convert buy to lets to HMOs are the potential increase in yield and the greater opportunity to rent more rooms in cities and towns with high populations of young professionals and students.

    The firm says that despite the need for bridging finance to carry out the conversion and the cost of licencing, landlords are planning long-term by converting, notwithstanding the higher tenant turnover and higher maintenance costs associated with HMOs. 

    Full/source story

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