Monthly ArchiveFebruary 2007
lettings appletons on 23 Feb 2007
Leasehold property
Leasehold is a common type of property tenure in England where the ownership of a property is subject to lease from the freeholder. The freeholder is the legal owner of the land where the property is built upon.
Leasehold tends to be mostly applicable to flats or maisonettes rather than houses. The lease period is usually around 99 years or more in England.
Leasehold property is bought and sold on the market like any other property but there may be some extra paperwork to go through during the purchase.
Unlike a tenancy, the leaseholder has the right to occupy the property until the end of the lease period rather than having to periodically extend it (e.g. weekly, monthly).
lettings appletons on 22 Feb 2007
Trainee lettings negotiator position available
Due to the growth of our business, at Appletons we are looking for a trainee lettings negotiator.
lettings appletons on 09 Feb 2007
Interest rates unchanged
lettings appletons on 07 Feb 2007
Property investment
Over the last 10-15 years, property investment has become a very popular investment method. Each day more people are investing in property as a vehicle to build wealth and secure their future. Buy-to-let is now even considered a legitimate pension investment.
The idea behind it is very straightforward. You make the initial investment in a property that somebody else lives in and pays you rent. In principle, you expect the rent to at least cover the mortgage payments. More importantly the property increases in value. A significant number of property investors have build sizeable buy-to-let property portfolios this way and it is well documented!
Some property investors have mentioned that over the last 100 years, the property prices have double every 10 years on average. And, this is the key expectation for their invesment. They don’t really expect to make much money out of the rent as long as it covers the mortgage.
There are 3 key areas for a successful property investment:
- finding the right property
- finding the right lender
- finding the right letting/property management agent
If you are looking to invest in property in Maidenhead, Marlow, Cookham and Reading areas, Appletons provide an exclusice investment property search service.