What does Brexit mean for land and rural homeowners?

Gideon Sumption of Stacks Property Search says, "Who wants gold when you can buy land? Land is a secure asset, and it outperforms gold in terms of capital growth. Yields tend to be low, but thanks to the Single Farm Payment (SFP), landowners who own more than five hectares have been receiving £75 per acre per annum." "But post-Brexit, will it remain politically correct for wealthy land owners to receive this subsidy? The expectation is that, post-Brexit, there will be some kind of means test … [Read more...]

Property as a Vehicle for Achieving Wealth

The Budget has been set and the Chancellor will not be reversing the mortgage interest tax relief changes expected to come into effect next month, with many reacting to this by saying that the heady easy money days of buy-to-let property investment are well and truly over. But is this really the end of the buy-to-let property dream? We recently attended the Landlord Investor Show, where Paul Mahoney of Nova Financial gave an interesting talk on whether property can still be profitable in 2017. … [Read more...]

Start Earning Now – Airbnb Management

Free up your time and Portico make you money until you find a tenant, sell your property or while you're on holiday! Here's everything you need to know about their new Airbnb management service, Portico Host. How does Portico Host work? Pass the keys - we’ll do the rest! We provide a complete management package so all you need to do is let us know when you’d like your property rented out and we’ll get to work. Here's the step-by-step process...   Why Portico … [Read more...]

What does the Budget mean for property?

The Chancellor of the Exchequer, Philip Hammond, has delivered his first and last Spring Budget. If you're a landlord, a homeowner, you're saving to get on the property ladder, or you’re renting in London, read Portico London estate agent’s summary of how the Budget will affect you… I’m a landlord - how am I affected? Landlords across the country will be glad that they have not been dealt any new blows in the Spring Budget - but unfortunately the Chancellor will not be reversing the … [Read more...]

Landlords: Should You Set Up A Company For Your Buy-To-Let Property?

Landlords across London will be considering setting up a limited company to negate the tax hit coming into effect in April - but is this the more profitable option? Portico London estate agents have put together some worked examples and shared their thoughts on whether they think landlords should incorporate to pay less tax. Changes to tax relief for residential landlords in April “According to NLA research, 1 in 4 landlords are considering setting up limited companies. This is … [Read more...]

10 First-Time Buyer Hotspots, with Properties.

Portico London estate agents have identified 10 first-time buyer hotspots and listed some perfect first homes. Prices in some of the most popular areas fall below £250,000 - so if you’re interested in a property, give them a call today on 0207 099 4000.   Walthamstow Walthamstow is a vibrant and buzzing postcode that is rapidly redeveloping. Trendy cafes and independent shops are popping up all over the place, and first-time buyers are flocking to this part of Zone 3 conveniently … [Read more...]

Rising Business Rates Destroying Wandsworth’s High Streets!

South London’s independent high streets have had a hard time of late. Southern Rail Strikes have shut down stations like Balham and Clapham Junction, preventing shoppers and employees from getting in or out, and now Sajid Javid has announced an overhaul of the business rates system. London retailers are set to suffer huge hikes in their business rates and may have to fork out almost a third more than before. Here is everything you need to know about the new rates and how you can help keep your … [Read more...]

Can a garden be too big? And when is a garden too small?

Rachel Johnston of Stacks Property Search says, "We often hear that 'a garden should be the right size for the house'. We've done our best to establish exactly what that means". When it comes to gardens, size is very important. A good starting point is to establish a stand-out example of what isn't big enough. A garden that is smaller than the footprint of its house for a rural or edge-of-village new development is not big enough. Yet this is what many new developers provide. It's incredible … [Read more...]

Battersea Q1 Market Review

The colder months tend to be the quietest for lettings, however we have still had a number of properties come on to the market and had interest from a number of applicants looking to move. In fact, our lovely clients kept us busy right up until Christmas Eve, as many were determined to move into a new home before the New Year! There are still a lot of rental properties on the market in Battersea, thanks to the glut of new-build properties that have been built on the riverside and nearer to … [Read more...]

Fixing our broken housing market| Portico

The government released the housing white paper, but what does it mean for landlords, first-time buyers, homeowners and renters in London? Portico London estate agents have summarised the five key points to be aware of: Get Britain building more homes! The white paper starts with a passionate pledge from Prime Minister Theresa May to get Britain building: “We need to build many more houses, of the type people want to live in, in the places they want to live… This will slow the … [Read more...]

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