Rentals on the up - find out why!
Welcome to this week's PRO newsletter. A real mix of articles and opinion for you this week, covering such subjects as population and employment trends - and what they mean to the property investor - in depth views on Slovenia and the Czech Republic (what's happening there right now?) and more issues that UK BTL landlords need to act upon.
We also have Chris Browne's Property Matters column, news from the Forums, a brand new and very exciting investment opportunity in Warsaw and a new book to announce!
To jump to a section you want to read, click a link below.
This Week's Articles | On The Forums | Investment News
Website News | Event News
Property MattersA landlord's personal view on the market
Written exclusively for Property Secrets PRO members
"Caring, compassionate and considerate. For every landlord and tenant had these qualities there'd be no rent disputes or eviction orders and we could all look forward to decades of peaceful, problem-free letting."
Click here to read more...
Population and employment trends then. As I said, David Lawrenson explains what's going on and what it means in part one of a two part article. To whet your appetite, here's an extract - it looks like good news for buy to let landlords.
The number of households in England is expected to grow from just under 21 million to around 26 million by the year 2026, an increase of over 200,000 a year,according to the Office for National Statistics.
One of the biggest factors in the increase is immigration - both legal and illegal. No one really knows the exact figures, though some commentators think the increases from net inward migration have been as high as 400,000 per annum in recent years.
And yet only around 150,000 houses are being built currently every year, so the housing situation is slowly getting worse - and population growth and the even faster growth in household formation goes a long way to explain the dramatic rises in the cost of houses (and rents) over the last quarter of a century.
As any investor knows, high demand and low supply is an opportunity. Read David's article - and watch out for part two - to find out how you can take advantage of these trends.
Robert Liebman completes his two part article with a Tale of Two Cities - namely, New York and London, and what they can tell us with regard to the respective US and UK property markets, what the two can learn from each other - and what we, as property investors, can learn from the differences.
How aware are you of the Furniture and Furnishings (Fire) (Safety) Regulations 1988? Probably not all that aware, but you need to know about them. And staying on top of safety regulations could save you £££££s and lives! I'd suggest this article is a must-read for UK BTL landlords!
There's a lot happening in Central and Eastern Europe at the moment, not least in Slovenia and the Czech Republic.
Slovenia is all set to join the Eurozone next year - and is slashing its taxes in the process. Another CEE opportunity for the investor looking to expand their portfolio? Read this article by Mark Russell to find out!
In the meantime, changes within the Czech Republic definitely do present a window of opportunity, not least to do with an imminent VAT rise! What's the opportunity then? You'll have to read the article by clicking here!
NOW AVAILABLE: All New Property Auction Secrets19 novice and expert strategies for profitable buying and selling at auction
Brand new sections including:
- A Day at the Auction - get over your fear with a virtual tour of a property auction
- Property auction trends - what happened in 2005? How did 2006 go? What does it mean for 2007? How can you take advantage?
- Could online auctions provide a different option?
What else?
- A full breakdown of the research you must do, how to go about it, and how to save money in the process.
- A comprehensive chapter on the legalities of a property deal, and some of the pitfalls.
- Special software to help you calculate the ideal bid price - prior to going into the auction room
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Exclusive to PRO members, the Property Secrets Discussion Forums are a great place to chat with like-minded investors and get advice and opinion on property issues, including where to buy, what to buy, taxation, finance and property management.
Interesting topics this week have included:
- Currency Exchange Rates - posted by Johnny
Johnny has bought his first overseas property - but where can he get the best exchange rates? Plenty of help here...
- Russia - posted by minsk
minsk has expressed an interest in investing in Russia - but is unsure about the tax situation with regard to foreign investors. Could be dangerous...
- Equity Release - Best Lenders - posted by ed
ed is interested people's experiences with lenders when releasing equity. It's an interesting discussion covering a number of lenders. Take a look.
Lumiere Apartments is a modern residential and commercial complex located in the leafy district of Wilan?south of the city centre.The Wilan?istrict is one of the most desirable areas in Warsaw and is expected to see exceptional capital growth as the city swells and pushes the central prices upwards.
You can find out more about Lumiere Apartments by clicking here...
We have a few 'coming soon' additions to announce this week, namely a new tax column entitled "A Question of Tax", in which our tax expert and author of Property Tax Secrets and Inheritance Tax Secrets, Colin Davison will answer all YOUR tax related issues.
Other features due to be introduced soon will include a 'Property 101' type weekly Q&A and more in depth article focussing on the basics of property investment.
These should be rolled out on the website and featured in this very newlstter over the next few weeks.
As I said last week, we have one more Investor Evening before Christmas, in London. Invites for this evening will be going out very soon, so check your inboxes.
I hope you've enjoyed this newsletter and if you have any questions, queries or suggestions please drop me a line at: service@propertysecrets.net
I look forward to hearing from you.
Happy investing!
Cheers
Chief Executive Officer
Property Secrets
ES