Tips For Ensuring HMO Profitability.

Profitability is important. Especially for HMO schemes, it’s important to maintain your ability to be making a profit from the properties you own.  This may mean enticing more people to live in the house, and/or improving the quality of the property itself and ensuring the tenants are happy staying. 

These suggestions featured below will either increase the amount of money you make from the house, or make sure you maintain a steady level of tenants (paying rent). Some of these suggestions may include additions that require funds, this money can be seen as an investment, but remember to monitor and recoup any money you spend on the property. 

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3 Reasons to choose investment in property.

There are loads of reasons to choose to invest in property. Property is a way to ensure you’re making a high quality, genuine investment. 

If you aren’t sure about an investment in property, then have a look at today’s blog post – it offers 3 pieces of advice, helping you to choose property over a different investment strategy that may not return the same investment or be the best way to get your returns. 

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5 mistakes that can cause stress for property developers

Today’s blog post is about the stress inducing mistakes that property developers can make. If you are a new investor, be very aware of these; and even if you are a seasoned investor, it can’t hurt to make sure you still know what not to do. 

We don’t often like to post anything negative or problematic for property developers, however, we know it can be very stressful to enter into property development, and we know these mistakes are much easier to avoid when we make you aware of them! 

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The top 5 home renovations or additions that do not require planning permission

What can be done to a property without planning permission? A great question, as home improvements can drastically raise your house price. What’s more, all the suggestions are things that would add quality to a home (whether a rental property, buy to let, or even to your own home). 

As a note, we’ll avoid anything that includes dangerous building works. We know some people may attempt these themselves and gas line into the house aren’t something to mess with, there could be significant damage and you really want to get someone with a certified engineering qualification. 

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Why is 2020 the year of the HMO?

Renting a House in Multiple Occupation (HMO) has always been a great opportunity when it comes to the rental market. However, in the new year, there are new and exciting opportunities to diversify and look at other ways of income (and possibly of different ways of earning money from property).  What are the reasons to think about an investment into the world of HMO property rental? 

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Colder weather – Simple ways to guard against the cold.

It’s continuing to get colder and colder as we get further into the winter months. You may need to heat up some old homes without disrupting your tenants. There are ways several easy ways to go about helping heat a home (especially older ones, which definitely suffer during this time of year). 

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Colder weather – 6 easy tips for landlords.

As landlords it’s important to prepare for the colder seasons adequately, so here are some easy tips on how to prepare for cold weather. Remember: it’s much easier to prepare now than it is with a cold house (not forgetting that tenants that will be angry and cold!)   

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