When it comes to offering or buying a property one of the most difficult or stressful things to decide is how much is the property worth. Seems simple, right? Just see what has previously been sold in your local area and you should get a pretty good idea, yes? Or just get an independent survey, […]
Picking a CRM (Customer Relationship Management) system was a lot like horse racing for me, I didn’t have the time to fully look into the form or abilities of each, so went on what other people said and the name! So now, after testing a few and speaking to a lot of people about the […]
Are you risking fines due to low energy efficiency? From April 2018, all rented homes will need a minimum energy efficiency grading of Band E or higher – or they will be prohibited from being let. It might not be the sexiest or most exciting of topics, but you really don’t want to get caught […]
Do you own property that you rent out, either as an investment or as a trade? Then you should look at incorporating as a limited company, as this can save you money! Recent changes in legislation have eaten into the bottom line profitability of renting out properties. The changes include additional SDLT, restriction of tax […]
We at Progressive Property love to trumpet about the incredible opportunities that property investment offers those brave enough to dive in, regardless of whether you are wealthy, and whether you are looking for extra cash, a more stable future, or to completely replace your career via passive income. We would always recommend that you start […]
Stamp Duty Land Tax (‘SDLT’) and its predecessor Stamp Duty have been with us for a long time as an additional tax burden on any purchase of property (whether as an investment, trade or for personal use). However, from 1 April 2016, anyone who already owns a residential property will pay additional SDLT on the […]
I recently had an enlightening conversation with Peter Jones, who is a successful chartered surveyor, author, and property teacher. The most properties Peter has completed in a single year is an impressive 35, and during his career he has bought 3 portfolios, two of which he flipped, and always reinvests. His 70 properties make him […]
Two members of the Progressive Property community recently told me that reading too many commercial property success stories can be demotivating. I can understand that – no one who is struggling and encountering more obstacles than achievements wants to read too many tales of success, because there are times when they are more likely to […]
While we at Progressive Property maintain that there are always opportunities to be found in the buy-to-let commercial property market, there are also always reasons to be cautious, and red flags to acknowledge. We are living in an unpredictable financial climate, with Brexit and June’s snap general election clouding the judgments of economists, so now […]
The UK’s post-Brexit buy-to-let property market is approaching some uncertain crossroads. Will London’s plummeting property prices ripple across the rest of the country this year? Is 2017 a time to invest, or a time to tighten the belt buckles? Will the government pursue a course of legislative action to aid the country’s property supply/demand imbalance, […]
In the lead-up to the UK leaving the European Union, investors are looking at an interesting and challenging – yet deeply uncertain – future for the UK’s commercial property market. With Article 50 having been officially triggered, investors are now wondering more than ever what kind of effect it is going to have upon the […]
At Progressive Property, we like to think that we are just as accessible to beginners as to seasoned professionals. Having bought and sold over 700 properties ourselves, we feel that our insights into even the most basic of property investment processes can offer value, so let’s go back to basics and take a long, hard […]