Site icon Haznos

5 Ways To Improve Your Rental Returns

5 Ways To Improve Your Rental Returns

<p style&equals;"text-align&colon; justify&semi;">The UK’s buy-to-let market is a popular choice for those looking to generate an income from real estate&period; However not all landlords are getting the most out of their investment property&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Experience Invest has provided 5 ways to improve your rental returns&period;<&sol;p>&NewLine;<p><img src&equals;"https&colon;&sol;&sol;haznos&period;org&sol;wp-content&sol;uploads&sol;2015&sol;07&sol;5-Ways-To-Improve-Your-Rental-Returns&period;jpg" alt&equals;"5 Ways To Improve Your Rental Returns" class&equals;"aligncenter size-full wp-image-9623" height&equals;"282" width&equals;"425" &sol;><&sol;p>&NewLine;<ol>&NewLine;<li>&NewLine;<p><span style&equals;"text-decoration&colon; underline&semi;"><b>Invest with Cash<&sol;b><&sol;span><&sol;p>&NewLine;<&sol;li>&NewLine;<&sol;ol>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Although this might not be an option for all investors&comma; those who can afford to should consider investing with cash&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">With no mortgage interest repayments&comma; landlords could potentially start earning a profit from day one&period; Furthermore with no interest to pay the retail yields can be higher&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Cash investors can purchase properties off plan which tend to have discounts or below market value &sol; comparable offers meaning they can secure capital growth potential&period;<&sol;p>&NewLine;<p><img src&equals;"https&colon;&sol;&sol;haznos&period;org&sol;wp-content&sol;uploads&sol;2015&sol;07&sol;5-Ways-To-Improve-Your-Rental-Returns1&period;jpg" alt&equals;"5 Ways To Improve Your Rental Returns" class&equals;"aligncenter size-full wp-image-9624" height&equals;"350" width&equals;"620" &sol;><&sol;p>&NewLine;<ol start&equals;"2">&NewLine;<li>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><span style&equals;"text-decoration&colon; underline&semi;"><b>Calculate Your Costs<&sol;b><&sol;span><&sol;p>&NewLine;<&sol;li>&NewLine;<&sol;ol>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><a name&equals;"&lowbar;GoBack"><&sol;a> Consider all of your costs before purchasing your property&period; For example&comma; factor in stamp duty fees&comma; solicitor fees&comma; land registry fees and bank fees&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">If you are purchasing a leasehold apartment within a development&comma; make sure you know how much the ground rent and management fees will be each year&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Ensure that you appoint an experienced solicitor as they will be able to advise you on your purchase&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Understanding your financial obligations upfront will help you determine whether your property is a good purchase for strong rental returns&period;<&sol;p>&NewLine;<p><img src&equals;"https&colon;&sol;&sol;haznos&period;org&sol;wp-content&sol;uploads&sol;2015&sol;07&sol;5-Ways-To-Improve-Your-Rental-Returns2&period;jpg" alt&equals;"5 Ways To Improve Your Rental Returns" class&equals;"aligncenter size-full wp-image-9625" height&equals;"382" width&equals;"636" &sol;><&sol;p>&NewLine;<ol start&equals;"3">&NewLine;<li>&NewLine;<p><span style&equals;"text-decoration&colon; underline&semi;"><b>Invest in a New Build<&sol;b><&sol;span><&sol;p>&NewLine;<&sol;li>&NewLine;<&sol;ol>&NewLine;<p style&equals;"text-align&colon; justify&semi;">According to a HSBC report&comma; landlords are able to secure rental returns 1&percnt; higher on new&comma; modern properties&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Some off plan developments&comma; like purpose-built student accommodation for example&comma; may provide a slightly lower entry level onto the UK’s property market and could help landlords achieve slightly higher returns&period; Also as the property will be delivered brand new&comma; investors will not have to consider repairs or renovation costs&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">If your investment property requires renovations&comma; remember to not go overboard&period; Simple&comma; clean and modern designs will work well in the rental market and will not eat away at your profits&period; Remember&semi; you do not have to live there&excl;<&sol;p>&NewLine;<p><img src&equals;"https&colon;&sol;&sol;haznos&period;org&sol;wp-content&sol;uploads&sol;2015&sol;07&sol;5-Ways-To-Improve-Your-Rental-Returns3&period;jpg" alt&equals;"5 Ways To Improve Your Rental Returns" class&equals;"aligncenter size-full wp-image-9626" height&equals;"325" width&equals;"636" &sol;><&sol;p>&NewLine;<ol start&equals;"4">&NewLine;<li>&NewLine;<p><span style&equals;"text-decoration&colon; underline&semi;"><b>Think Outside the Box<&sol;b><&sol;span><&sol;p>&NewLine;<&sol;li>&NewLine;<&sol;ol>&NewLine;<p style&equals;"text-align&colon; justify&semi;">You don’t have to purchase a property in your local area&period; Investors who do their research and purchase property in some of the UK’s buy-to-let hotspots such as Manchester&comma; Leeds and Liverpool could be able to secure higher than average yields&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Don’t worry too much about managing a property which is miles away from your home&period; Simply appoint an experienced and professional management company to look after the property for you and you will still be able to benefit from the returns&comma; without having to deal with the day-to-day maintenance or management of the property&period; <&sol;p>&NewLine;<p><img src&equals;"https&colon;&sol;&sol;haznos&period;org&sol;wp-content&sol;uploads&sol;2015&sol;07&sol;5-Ways-To-Improve-Your-Rental-Returns4&period;jpg" alt&equals;"5 Ways To Improve Your Rental Returns" class&equals;"aligncenter size-full wp-image-9627" height&equals;"499" width&equals;"749" &sol;><&sol;p>&NewLine;<ol start&equals;"5">&NewLine;<li>&NewLine;<p><span style&equals;"text-decoration&colon; underline&semi;"><b>A Less Traditional Route<&sol;b><&sol;span><&sol;p>&NewLine;<&sol;li>&NewLine;<&sol;ol>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The UK’s property market is changing&period; According to Jones Lang LaSalle&comma; &OpenCurlyQuote;alternative investments’ will take up 30&percnt; of all property transactions by 2019&period; 90&percnt; of those who were surveyed plan to &OpenCurlyQuote;dip their toes’ into alternative UK markets&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Some lower entry asset classes such as purpose built student property&comma; care homes and commercial offices will also enable investors to purchase a unit outright from around £50&comma;000&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The nature of the alternative asset class enables investors to secure a higher rental return than more traditional options&period; For example&comma; investors in the student property sector can command yields of between 8&percnt; and 10&percnt; NET per annum&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Assessing alternative options may help investors improve their rental returns&period;<&sol;p>&NewLine;

Exit mobile version