<body><script type="text/javascript"> function setAttributeOnload(object, attribute, val) { if(window.addEventListener) { window.addEventListener("load", function(){ object[attribute] = val; }, false); } else { window.attachEvent('onload', function(){ object[attribute] = val; }); } } </script> <iframe src="http://www.blogger.com/navbar.g?targetBlogID=35268800&amp;blogName=LettingFocus&amp;publishMode=PUBLISH_MODE_FTP&amp;navbarType=BLUE&amp;layoutType=CLASSIC&amp;searchRoot=http%3A%2F%2Fblogsearch.google.com%2F&amp;blogLocale=en_GB&amp;homepageUrl=http%3A%2F%2Fwww.lettingfocus.com%2F" marginwidth="0" marginheight="0" scrolling="no" frameborder="0" height="30px" width="100%" id="navbar-iframe" allowtransparency="true" title="Blogger Navigation and Search"></iframe> <div></div>

LettingFocus

Unbiased buy to let, property investment and letting coaching, mentoring, advice and seminars for landlords from top selling property author and media commentator.

SUCCESSFUL PROPERTY LETTING - HOW TO MAKE MONEY IN BUY TO LET from DAVID LAWRENSON

Sadly, I’m afraid there is still no sign of my book becoming widely available in WH Smiths or many other parts of the high street any time soon (or what is left of the high street after the credit crunch.)
So, yes, I know it’s daft, but until my publishers rectify the situation, if you want the UK’s top selling property and landlords book you are still best off getting it on line at Amazon, Play.com or some other on line retailer.
And it's cheaper on line than going into a shop, which given that you are reading this online, I guess you probably know anyway.
And you can of course buy it here (plus any other DVD's CDs or books you fancy) at our site which links straight through to Amazon and their ludicrously low prices. Just click Buy Successful Property Letting - How to Make Money in Buy to Let.
Meanwhile, I feel there is another property book in me. And yes, I’m open to offers.
Also, we are also keen to develop LettingFocus.com as a business proposition.
Don’t worry we are not planning to “sell out”, but, hey, we have got to pay the bills too - and this site and this blog does now get a lot of traffic.
So, if you are good marketer, who understands the net and its potential - and critically if you have good financial backing and experience - we would be pleased to hear from you.

PROPERTY MARKET HAS AN ICY BUT EXCITING FEEL TO IT
Predictably enough the big freeze has bought the usual travel chaos to London.
In SE London, where I live, I have seen hardly any gritting lorries or snowploughs despite lots of advanced warnings from the meteorologists.
And at the school my kid attends, one of the teachers was – with some glee – attaching a note announcing that school was closed. Can’t the teachers walk to the school?
And, yes, as I write this, I find the school is shut for a second day despite the fact that all the public transport is finally running.
Just as well then that the private bakeries and dairies and some small shops somehow fought through the massive (joke!) 5 inches of snow to bring bread and milk to the capital.
All good fun!
But these freezing conditions bring out the Viking hunter in me and so this week is special because it is the first time in 5 and a half years that I have set out to buy another property in the capital.
For the last five to six years prices in London have been way too daft but I have just had an offer accepted and here we go.
It feels risky. It feels dangerous. It feels like mortgage fees are toally exorbitant. And they are.
But I think the price I have negotiated looks good and is fair to the vendor.
Let’s see how it pans out.
A word of warning though.
If you are looking to get a bargain you should ignore prices on websites like Rightmove. Too many properties are sitting on sites like Rightmove which have been on the market for ages. They are overpriced and provide no guide at all to current prices.
To find a bargain stay close to your local estate agent and tell him you are ready to move fast if the right deals come up. Give him your mobile number and keep in touch with him often as you won’t be the only person out bargain hunting.
Then when you get the call from him, go and do a viewing and say Yes or No quickly and don’t mess him about.
ABOUT LETTINGFOCUS.COM and DAVID LAWRENSON
I’m David Lawrenson of LettingFocus.com - the landlord and property letting advice experts. Read More Articles on Property by David Lawrenson.
I’m the author of “Successful Property Letting” which for the last 3 years has been the UK’s top selling property book - Buy Successful Property Letting - How to Make Money in Buy to Let.
The new edition is fully up to date with all the recent changes to tenancy deposit schemes, HMOs, licensing, capital gains taxes and it has new sections on sale and rent back.
I’m an expert freelance property writer and property speaker - and I run the well known property letting and investment blog that you are reading now.
I contribute to newspapers and a host of property websites, write a number of columns in the press and I provide general property letting advice for a consulatancy fee to anyone looking to buy property for themselves or to let out. I can help private individuals with any aspect of buying property or buy to let.
What’s unique about lettingfocus.com is that we are independent property investment advisors because unlike most people in the buy to let and property “advice” business we are not linked to a property company, developer, agent or bridging loan financier and do not receive commissions from these sources.
We simply give one to one unbiased advice and are often asked to evaluate other property investments.
In my corporate consulting role I also advise banks, building societies, housing associations and web portals with their buy to let and property products and services.
You can read more of my blog & find details of my networking, advice and property training programme at my website.Copyright: David Lawrenson 2009. This blog is updated once a week.
WANT TO BE KEPT UPDATED WITH OUR LATEST BLOGS?
It’s easy.
If you are on the home page of our blog, go to the bottom of any post, and click on “LINK TO THIS POST” to bring up the page for a specific post, then hit END …and on the right you’ll see “Site feed.”
If you are already on a specific post page, just hit END and you will see the site feed.
You then just copy the link that comes up into your News Reader or News Aggregator. Even a non techie like me managed to do all this.
Please note if you have a website & are thinking of reproducing material here - that’s fine but we DO require the full links shown in each blog to be included, including also the links in this section. The full article including all links must be available to ALL VIEWERS of your site and not restricted to members.
ABOUT LETTINGFOCUS.COM and DAVID LAWRENSON
Please Contact Us button at our main site http://www.lettingfocus.com/ if you have any queries about this.

Labels: , , , ,

Overseas property prices. Will they keep going up? Blog by Letting Focus

Are property prices overseas going to keep going up?
According to Michael Ball, who is a professor of property at Reading university and a government adviser the answer is “No”.
He says that prices of homes in many parts of continental Europe have risen too fast driven by speculation and easy mortgage availability.
He also points out that the supply of new flats had been increasing at a very fast rate - leading to oversupply in many areas. This is something that I have long cautioned about at at the speeches I am asked to give at conferences and trade shows around the UK and in Europe.

Overseas Property Investors
Speaking to the Investment Property Forum last week and reported in the Saturday’s FT, Professor Ball also observed that some overseas markets had been driven (mainly) by foreign investors “and now that is beginning to turn."
In his speech he specifically mentioned Estonia, where house prices have dropped by around 10 per cent in a year.
Savills, in another survey, showed how many foreign buyers seem to overestimate the rental returns avilable through letting.
At my public speaking events on property at lettingfocus.com and at this blog, we have always questioned whether people locally in many markets can afford to pay the rents required to give investors a decent return - given how low local salaries still are.

Big Mortgage Shock Coming for UK's Overseas Property Buyers
Also, many British and Irish borrowers are likely to come in for a big shock when their mortgage payments are reviewed following the recent credit crunch.
My advice is to only deal with a home operator who has a track record of making investments overseas – and one who has an open forum - where you can read how past investors got on with that company before.
There are a few companies around like this. And then, always, always do your own research.

ABOUT LETTINGFOCUS.COM and DAVID LAWRENSON
We are LettingFocus.com - the landlords’ expert and I’m David Lawrenson.
I wrote “Successful Property Letting” - the UK’s top selling property and buy to let book for the last 3 years.
I have been a landlord and property investor myself for over 25 years.
At LettingFocus we offer independent unbiased group based advice for buy to let investors and landlords as well as one to one advice covering all aspects of being a landlord and investing in property.
Buy to let and property “advice” business is unregulated and as I am not linked to a property company, developer, estate agency or loan provider I am able to give unbiased independent advice on where to buy (which areas), what type of property to buy, when to buy and how to buy property at a low price. I can also explain how to reduce the risk of getting a bad tenant.

Our Events only take place twice a year.
For our NEXT SEMINAR AND NETWORKING EVENT for Landlords and Property Investors click here: Next Property Investing Seminar and Networking Event
We have GREAT OFFERS for landlords too, Click here: Services and Products for Landlords to see our Landlords Resources (Useful Links) page. (Selling services to landlords and property investors and have a national coverage? You could be a partner, please get in touch!)
For general info on our SEMINARS AND CONSULTING click here: Property Seminars, Networking Evenings and Consulting
ONE TO ONE PRIVATE AND PHONE BASED CONSULTING click here: Property Consulting
CLIENT TESTIMONIALS from past customers click here: Testimonials
BUY THE BOOK click here: Buy the Book at Amazon
THE HOME PAGE OF THIS BLOG click here: Blog
THE HOME PAGE OF OUR MAIN SITE click here: LettingFocus Home Page
To JOIN our Free QUARTERLY NEWSLETTER simply send an email to david@LettingFocus.com - Please note we WILL NOT send spam or sell our mailing list to advertisers!

IF YOU HAVE A SITE WHY NOT LINK TO THIS BLOG POST OR OUR WEBSITE?

WANT TO BE KEPT UPDATED WITH OUR LATEST BLOGS?
Simply copy the site feed link into your News Reader or News Aggregator.
If you have a website & are thinking of reproducing material here, that’s fine but we DO require a link to the blog to be included, including also all the links in this section. (The full article including all links must be available to ALL VIEWERS of your site and not restricted.)

INTERESTING ARTICLE: There are lots of good articles at our site.
Have you seen this one, which looks at making sure you prevent problems from happening in the first place by giving tenants useul information: http://www.lettingfocus.com/pages/myarticles3.html

TO VIEW RELATED POSTS select a “Category” at the bottom of this page. Copyright: David Lawrenson 2007. This blog is updated once a week

Labels: , , , , , , ,