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National PropertyPortfolio

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  1. Recent figures are suggesting that many people in the UK are still notsaving up enough money for their retirement and with the large debts that theUK government has amassed, it means that public sector workers pensions are beingsqueezed tightly. As a result many people are now looking at propertyinvestment as a different option to pension or savings. Pensions in the past have been an investment that many people did notpay attention to because it was so far in the future, it seemed too far off tostart planning for. Pensions, however were much larger and the payments thatyou made to them went a lot further and so in many respects as an investmentthey took care of themselves. These days things are much different and the payments that people makeinto their pensions do not go anywhere near as far. Cash that is invested intopensions during these years are not in a stable environment because the moneywill be utilised in 'equities' which is a very unpredictable place to havemoney, therefore making the 'sure thing' of a pension a thing of the past. Looking back over 2011 we can see that the FTSE was down by roughly 4percent, moreover we can also see that the bank shares were down by around 24percent during 2011 as well. Now as we are in the early stages of 2012 expertsare predicting we will see similar patterns due to the poor economic outlook ofmany countries, Eurozone instability and unstable stock markets. Due to this poor economic climate and the fact that things won't begetting any better anytime soon, it is not surprising that property is theinvestment many people are now turning to for long term stability and thebenefits that gives a person when it comes to their retirement. More people are now paying attention to their future and are seeingproperty as a good way to have some financial security when they retire. As itstands a quarter of a million pounds pension would only equate to roughly£16,500 per year which is not much especially with the high cost of livingtoday. We need to see more people taking a greater interest in their futureretirement plans and analysing if their pension is going to be adequate forthem to live off in later life. Property is a very stable investment eventhough it is much harder to get on the property ladder due to the strictercriteria lenders require, however if people can get a property it could givethem a far more secure future. www.nationalpropertyportfolio.co.uk
  2. Hi there, I was thinking more along the lines of helping you with our mortgage services, sorry I should have specified.
  3. Hi, We can most certainly help, please have a look at our website and contact us to discuss; www.nationalpropertyportfolio.co.uk.
  4. I am doing a bit of research to establish what the current state of the buy to let market is. I was hoping to get some feedback from a number of forums to see if people are actively buying investment property and if so what channels are you using to source them? I.e. traditional estate agent route or BMV sourcing companies etc.... Your feedback would be much appreciated! Regards, www.nationalpropertyportfolio.co.uk
  5. www.nationalpropertyportfolio.co.uk

  6. Most tenancy agreements i have ever seen (which is quitea few) state that a rental increase is subject to and falls in line with RPIand as standard usually no less than 3% and no more than a 5% increase, unlessthis is amended by either tenant or landlord prior to signing the agreement. As a LL, I have never been asked to supply a reference, although I do think Grampa makes a very good point above.
  7. "Richlist"You seem to be unnecessarily critical across this forum, as a company we blogand contribute on a number of other forums and have never received feedbacksuch as yours. The whole purpose I feel is to share with people who perhapsdon’t know about the points you are trying to get across. You have indeedmissed the point as the industry that we are in sometimes means that investorsfit criteria with only certain lenders, and regardless of the rates, if you are getting a great deal then an extra 1% might not have such a detrimental effect,therefore the more lenders offering more products does in fact benefit theindustry. I would be interested to know what services you provide other thanyour opinions on here.
  8. Hmm yes, thank you for the feedback "Richlist" albeit as blunt as it is. There seems to be some confusion though, this article relates more to products more than it does rates. Just trying to share!
  9. We have seen a very interesting statistic emerge from the Complex BuyTo Let Index from Mortgages For Business and that is that the amount of buy to letmortgage products has gone up by roughly 50% on last years figures which isquite a phenomenal jump. Breaking the figures down we can see that in 2010 there were around 142products that were obtainable for investors in the buy to let property market.Now we are nearing the end of 2011 the figures here are extremely different tolast years and the products now available to investors for buy to let productshas gone up to 298. Why The Rise? When we see large shifts in figures like this we need to look as to whythis has happened and in this particular case we have seen the rise due toseveral reasons and one main reason is the return of 4 mortgage lenders to themortgage market. Furthermore in response to the high demand from the buy to let investormarket, we have seen a reduction from lenders in the strictness of the mortgagelending criteria and it is this lending criteria that has made it verydifficult for people to actually acquire a mortgage in the past. This has thenled to lenders being able to bring out more diverse products to meet the highdemand that currently exists. Mr. Whittaker is the Managing Director of Mortgages for Business and hefeels that as the owner and occupier market has become quite stagnant and hasslowed down tremendously, the private rental property market has improvedsuperbly. The high demand from people wanting to rent properties has meant thatlandlords and investors are actually growing their portfolios to accommodatethis new demand for the rental market. Also he suggested that the demand frominvestors and landlords looking to grow their portfolios has been met by thelenders with them expanding their mortgage product range. It should be noted that the most successful investors are those thatunderstand that the most profitable returns are those that come from the morecomplex mortgage products and deals. For example multi unit freehold deals havea return of around 10% to 11% for investors who utilise this product and thiscan be a significant return for any landlord especially when evaluated next toa savings and investment fund return. www.nationalpropertyportfolio.co.uk
  10. We are seeing a significant shift in the housing market with the more people choosing to rent rather than buy their property and as a result we are also seeing more buy to let investors entering the market to accommodate this boom. Furthermore as we have seen an increase in demand for rental properties, we have also seen an increase in the cost of renting as well. This is perfectly normal as the demand has increased so dramatically, so to have the costs of renting but as more landlords enter the buy to let market, we could see them start to compete with each other which could see rental costs fall. Why? One reason as to why renting has increased has been put down to the difficulty people have in getting a mortgage application accepted due to the lending criteria being much more strict than it used to be. Moreover many families struggle to save up enough money to obtain the necessary deposit that the lenders are now requesting. We have seen that would be house buyers are choosing to wait or even completely miss out trying to get on the property ladder due to the turbulent economy. As house prices have been falling it has meant that consumers have developed a fear that if they do enter the housing market the price of the property could fall below the mortgage they take out. Final Word Lenders have stated that they have seen an increase in borrowers looking for deals in the buy to let market as opposed to private buyers looking to purchase a house with a mortgage. Recently we have also seen many landlords using remortgages as a way of financing their portfolio expansion of buy to let properties. www.nationalpropertyportfolio.co.uk
  11. Hi All, If you are looking for investment property, please have a look at our website, we have single units and whole developments for sale, with up to 35% discounts from market values. www.nationalpropertyportfolio.co.uk
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