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Bristol Property Values 1.5% Lower Year-on-Year
Bristol Property Values 1.5% Lower Year-on-Year It seems that quite a few Bristol homeowners and Bristol landlords have become acclimatised to living with the uncertainty of Brexit throughout most of 2019, as figures show many of them decided to get on with living life, started reinvesting their money into Bristol property and buying and selling […]
Is This the End of No-Fault Section 21 Evictions for the 111,292 Bristol Tenants?
Is This the End of No-Fault Section 21 Evictions for the 111,292 Bristol Tenants? In the late spring, the Government announced that they were planning to end no-fault evictions for tenants living in private rented accommodation. I have had a number of Bristol landlords contact me anxious that removing a tenant from their Bristol buy-to-let […]
BRISTOL RESIDENTIAL MARKET REPORT – OCTOBER 2019
Welcome to the October market report, where we cover the following topics. Are Bristol Builder’s Constructing the Wrong Type of Property? The British housing market has never been so newsworthy. Every other day, there is an article in the newspaper or online about impending house price drops, house price rises, building on green belt, mortgage […]
Ambition is enthusiasm with a purpose
Two years ago, I made a huge decision to open up NEXA properties. After working in the industry for seven years for a local independent company, I was approached to set up NEXA. This was a very difficult choice to make as my previous employer had always looked after me and were a great company to […]
Tips for renting out your property
I am asked on a regular basis by my landlords, when they feel works are required, what should I do to my property before offering it to the open market and my response has always been along the same lines, are you prepared to absorb a minor upfront costs to create a better long term […]
The Calendar of Generic Estate Agents’ Excuses
Being part of a new company, I am forced to work hard for my property listings; completely understandable as we work and live in a reputation-based society and it’s our job to ensure that clients see how we differ from other companies. This means that a large percentage of the properties I market have already […]
A guide for First Time Buyers
The decision has been made to buy your first home. A wide blend of emotions, of which nerves and excitement are likely the most prominent. In most cases, this is the largest financial commitment that you’ll make – borrowing huge sums of money and signing contracts to confirm that you’re happy to pay the debt […]
NEXA vs Standard Estate Agents
You’ve heard it all before. ‘We’re different’, ‘We’re better than our competition’, ‘We offer the best service.’ Invariably, these are nothing more than just sub-standard introduction tag-lines that sound no better than the mediocre service you are likely to receive after instructing them to work on your behalf. This could be within any sector, but […]
How long could you finance your BTL if your tenants stopped paying?
With figures coming out over the weekend of the average time it takes to regain possession of property through a court order, is it any wonder we have such a low buy to let market with article after article of how landlords are losing out? The differences vary region by region, with the current average […]
Leveraging your capital
The famous phrase “don’t put all of your eggs in one basket” is ever popular during life but not with many once investing in property. I often put my head in my hands with clients who wish to make the highest annual income but decides to buy outright in cash and not leverage their capital […]
Void Periods: What does that mean for you?
If you purchase a property for £300,000 and its received a monthly rent of £3000 you are yielding 12% and this would take approximately 8.3 years to recoup the purchase price. With the same purchase price, the same rent but a month void period between tenancies once a year this starts to look different. Your […]
THE TORTOISE & THE HARE
At some point in each of our lives most of us are told the story of the tortoise and the hare and for those of you who haven’t heard this story, a tortoise and a hare engage in a race where the hare speeds off using all of his energy, eventually becomes tired and rests […]