Posts Categorized: Sourcing

The Autumn Budget and Housing

Chancellor Philip Hammond’s first Autumn Budget unveiled a range of measures to boost housing and devolution. Devolution The Chancellor confirmed a £1.7bn “Transforming Cities Fund”, with half the cash going to the metro mayors and the rest open to competition and announced further measures for more devolution to the West Midlands, alongside a deal for… Read more »

Tax pressures on Landlords

As tax pressures on landlords continue to increase many are looking for ways to reduce their liability. We are not accountants so we urge all landlords (or prospective landlords), whatever their situation to talk to their accountant – this article offers general information only. Section 24 Firstly, a reminder that the biggest tax pressures on… Read more »

Cost and Location drive tenant choice

Cost and Location are top of tenants requirements No surprise but cost and location are the two key factors that influence property choices for more than four out of five tenants when choosing a rental property according to a survey undertaken by Cover4LetProperty. The survey, which is undertaken twice a year by the company, revealed that… Read more »

Economies of scale in property investment

Economies of scale In this blog we explain how we help individual investors and portfolio landlords benefit from economies of scale with their property investments and how our nationwide letting service provides investors with their own portfolio manager as one point of contact. We have helped many investors leverage portfolios to get better deals, reduce… Read more »

Increase in Rents

There are different drivers causing an increase in rents. Increased tax liabilities on landlords are causing many to put in place an increase in rents. A study by an insurance company has found that 32.5% of landlords are planning to increase their rent in the next 12 months to keep up with increased tax liabilities… Read more »

New Rules for Portfolio Landlords

Phase 1 of the Bank of England’s Prudential Regulation Authority (PRA) changes to buy-to-let mortgage lending were introduced in January 2017 and introduced stricter affordability tests, including a stress test on interest rate rises, for buy-to-let landlords. Now, the industry is preparing for Phase 2 which is targeting new rules for Portfolio Landlords. (Portfolio landlords… Read more »

Property remains a viable investment

Despite the doom and gloom amongst some landlords about whether property remains a viable investment there remain several reasons why landlords can continue to generate wealth through property. Here are some of the main reasons why property remains a viable investment. Rents are predicted to continue to rise There are many variable predictions about the future… Read more »

New Website Launched

We have launched our new website at  https://sourceinvestments.com/ Since our inception Source Property Investment has gone from strength to strength finding, buying and letting new properties for existing and first-time landlords. Our strategy of providing a personal service for a select group of investors remains unchanged. We are not aiming at the mass market but instead… Read more »

After the election now what?

What’s the impact of the election on the housing market and our financial prospects? Property The political uncertainty resulting from the election of a minority government might encourage more of us to put off any thought of moving for a few months.  This would add to a property slow down which has already led to… Read more »

Investing retirement cash funds

For those many people who have been lucky enough to have either retired or will soon be retiring with a good value pension there is a dilemma about investing retirement cash funds. Typically, up to a quarter of the overall pension entitlement can be commuted for a tax-free cash sum.  For some this will be used to pay off outstanding… Read more »