The Business of Property

Episode 333: How to be prepared for May - Renters' Rights Act!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 15 Apr 2026 05:00:00 +0100

In this episode, Simon runs through the key things all landlords need to be aware of for the 1st of May 2026.

The most significant changes from the Renters' Rights Act come into effect from the 1st of May 2026 and all landlords must take action to stay compliant with the new rules. Listen for a short run through of the most critical things to be aware of and for the actions you must take.

This podcast is produced in association with PaTMa, the leading application for self managing landlords who want to save time and stay compliant. Easily track properties, tenancies, tenants, repairs, rent, mortgage payments and safety certificates. Get your FREE account today.

Episode links:

Government information sheet.
NRLA RRA guides.
Wider government RRA guides.
PaTMa Property Manager free trial, complete with RRA support and updates.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 332: One Thing Wednesday - Systemise Something!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 08 Apr 2026 05:00:00 +0100

Simon and Rachael are back for another One Thing Wednesday episode, this time talking about the power of systemising.

Episode links:

My Freelance Admin.
PaTMa Property Manager is the MTD solution for landlords.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 331: Property Market Update Mar/Apr 2026

simon@thebusinessofproperty.com (The Business of Property) — Wed, 01 Apr 2026 05:00:00 +0100

In this episode, Simon reviews the latest property market data from March 2026.

Episode links:

PaTMa Deal Finder free trial, complete with market data.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 330: One Thing Wednesday - Intentional Spending

simon@thebusinessofproperty.com (The Business of Property) — Wed, 25 Mar 2026 05:00:00 +0000

Simon and Rachael are back for another One Thing Wednesday episode, this time talking about being aware of your spending.

Episode links:

My Freelance Admin.
PaTMa Property Manager is the MTD solution for landlords.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 329: Capital gains in a real-terms falling market!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 18 Mar 2026 05:00:00 +0000

In this episode, Simon digs into the real numbers that can make capital gains work in property, even in the current market of real-terms falling value.

Episode links:

Simon's spreadsheet.
A practical guide to Making Tax Digital for landlords.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 328: One Thing Wednesday - Property Inspections

simon@thebusinessofproperty.com (The Business of Property) — Wed, 11 Mar 2026 05:00:00 +0000

Simon and Rachael are back for another One Thing Wednesday episode, this time talking about the importance of property inspections.

Episode links:

My Freelance Admin.
PaTMa Property Manager is the MTD solution for landlords.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 327: Property Market Update Feb/Mar 2026

simon@thebusinessofproperty.com (The Business of Property) — Wed, 04 Mar 2026 05:00:00 +0000

In this episode, Simon reviews the latest property market data from February 2026.

Episode links:

A practical guide to Making Tax Digital for landlords.
What landlords need to know about the Renters' Rights Act in 2026.
[6 reasons to like the Renters' Rights Act]https://www.thebusinessofproperty.com/316).
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 326: One Thing Wednesday - Consistent Sleep

simon@thebusinessofproperty.com (The Business of Property) — Wed, 25 Feb 2026 05:00:00 +0000

Simon and Rachael are back for another One Thing Wednesday episode, this time talking about getting consistent sleep.

Episode links:

My Freelance Admin.
PaTMa Property Manager is the MTD solution for landlords.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 325: BTL is NOT dead!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 18 Feb 2026 05:00:00 +0000

In this episode, Simon digs into the real numbers for three potential BTL investment properties that are on the market right now.

Episode links:

PaTMa Deal Finder.
A practical guide to Making Tax Digital for landlords.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 324: One Thing Wednesday - Rent Reviews

simon@thebusinessofproperty.com (The Business of Property) — Wed, 11 Feb 2026 05:00:00 +0000

Simon and Rachael are back for another One Thing Wednesday episode, this time talking about the importance of rent reviews.

Episode links:

My Freelance Admin.
PaTMa Property Manager is the MTD solution for landlords.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 323: Property Market Update Jan/Feb 2026

simon@thebusinessofproperty.com (The Business of Property) — Wed, 04 Feb 2026 05:00:00 +0000

In this episode, Simon reviews the latest property market data from January 2026.

Episode links:

A practical guide to Making Tax Digital for landlords.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 322: One Thing Wednesday - Caffeine

simon@thebusinessofproperty.com (The Business of Property) — Wed, 28 Jan 2026 05:00:00 +0000

Simon and Rachael are back for another One Thing Wednesday episode, this time talking about the effects
of caffeine.

Episode links:

My Freelance Admin.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 321: Renters' Right Act fear!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 21 Jan 2026 05:00:00 +0000

Today Simon is trying to calm nerves around the Renters' Rights Act and revealing his 2024-2025 property tax!

Episode links:

PaTMa Property Manager is the MTD solution for landlords.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 320: One Thing Wednesday - Automate or Delegate

simon@thebusinessofproperty.com (The Business of Property) — Wed, 14 Jan 2026 05:00:00 +0000

Simon and Rachael are back for another One Thing Wednesday episode, this time talking about automating and delegating to work more efficiently.

Episode links:

My Freelance Admin.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 319: Property Market Update Dec 2025/Jan 2026

simon@thebusinessofproperty.com (The Business of Property) — Wed, 07 Jan 2026 05:00:00 +0000

In this episode, Simon reviews the latest property market data from December 2025.

Episode links:

Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 318: All change for 2026

simon@thebusinessofproperty.com (The Business of Property) — Wed, 31 Dec 2025 05:00:00 +0000

In this final episode of 2025 Simon takes a look at practical changes for landlords - that have happened in 2025 and those coming up in 2026.

Episode links:

Be prepared for the Renters' Rigths Act with PaTMa Property Manager.
PaTMa Property Manager is the MTD solution for landlords.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 317: One Thing Wednesday - Plan Tomorrow

simon@thebusinessofproperty.com (The Business of Property) — Wed, 24 Dec 2025 05:00:00 +0000

Simon and Rachael are back for another One Thing Wednesday episode, this time talking about the benefits of having a simple plan for tomorrow.

Episode links:

My Freelance Admin.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 316: 6 reasons to like the Renters' Rights Act

simon@thebusinessofproperty.com (The Business of Property) — Wed, 17 Dec 2025 05:00:00 +0000

In this extra seasonally jolly episode Simon talks through six reasons to like the new Renters' Rights Act.

Episode links:

Start preparing for the Renters' Rigths Act with PaTMa Property Manager.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 315: One Thing Wednesday - Tracking Time

simon@thebusinessofproperty.com (The Business of Property) — Wed, 10 Dec 2025 05:00:00 +0000

Simon and Rachael are back for another One Thing Wednesday episode, this time talking about the benefits of tracking your time.

Episode links:

Toggl.
Clockify.
My Freelance Admin.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 314: Property Market Update November/December 2025

simon@thebusinessofproperty.com (The Business of Property) — Wed, 03 Dec 2025 05:00:00 +0000

In this episode, Simon reviews the latest property market data from November 2025.

Episode links:

Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 313: One Thing Wednesday - Meditation

simon@thebusinessofproperty.com (The Business of Property) — Wed, 26 Nov 2025 05:00:00 +0000

Simon and Rachael are back for another One Thing Wednesday episode, this time suggesting a look a meditation to help manage the stress of life.

Episode links:

My Freelance Admin.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 312: Mortgage market update - November 2025

simon@thebusinessofproperty.com (The Business of Property) — Wed, 19 Nov 2025 05:00:00 +0000

Regular guest Simon Glastonbury, an independent mortgage broker, joins this episode to discuss the latest news for the mortgage market.

Simon and Simon discuss what the property market is waiting for - maybe it's the Bank of England, the budget, or Christmas? Plus their regular round-up of current mortgage rates for property investors.

Episode links:

Special guest - mortgage broker Simon Glastonbury.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Special Guest: Simon Glastonbury.

Episode 311: One Thing Wednesday - Learn about MTD!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 12 Nov 2025 05:00:00 +0000

Simon and Rachael are back for another One Thing Wednesday episode, this time suggesting it's time to dig into learning what Making Tax Digital means for you.

Episode links:

My Freelance Admin.
Previous MTD episodes:
- Episode 287 - Answering MTD Questions.
- Episode 289 - Answering Making Tax Digital Questions.
PaTMa MTD software for landlords.
Ask Simon about MTD - book a call.
HMRC guide to Making Tax Digital for Income Tax.
HMRC MTD software choices.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 310: Property Market Update October/November 2025

simon@thebusinessofproperty.com (The Business of Property) — Wed, 05 Nov 2025 05:00:00 +0000

In this episode, Simon reviews the latest property market data from October 2025.

Episode links:

October 2025 Hometrack report.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 309: Changing Landlord Processes (Renters Rights Act)

simon@thebusinessofproperty.com (The Business of Property) — Wed, 29 Oct 2025 05:00:00 +0000

Simon talks about some of the more significant changes in day-to-day processes for landlords that will come from the (now decided) Renters Rights Act.

Episode links:

Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 308: One Thing Wednesday - A Three Month Thing

simon@thebusinessofproperty.com (The Business of Property) — Wed, 22 Oct 2025 05:00:00 +0100

Simon and Rachael are back for another One Thing Wednesday episode, this time talking about having a three month goal.

Episode links:

My Freelance Admin.
The 12 Week Year.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 307: Could better estate agents fix the property market? With Russell Quirk

simon@thebusinessofproperty.com (The Business of Property) — Wed, 15 Oct 2025 05:00:00 +0100

Simon and Russell discuss the health of the property market and the problem with estate agents!

Episode links:

Find Russell at ProperPR.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Special Guest: Russell Quirk.

Episode 306: One Thing Wednesday - Sleep

simon@thebusinessofproperty.com (The Business of Property) — Wed, 08 Oct 2025 05:00:00 +0100

Simon and Rachael are back for another One Thing Wednesday episode, this time talking about getting a little extra sleep.

Episode links:

My Freelance Admin.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 305: Property Market Update September/October 2025

simon@thebusinessofproperty.com (The Business of Property) — Wed, 01 Oct 2025 05:00:00 +0100

In this episode, Simon reviews the latest property market data from September 2025.

Episode links:

ONS report.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 304: One Thing Wednesday - Property Events

simon@thebusinessofproperty.com (The Business of Property) — Wed, 24 Sep 2025 05:00:00 +0100

Simon and Rachael are back for another One Thing Wednesday episode, this time talking about the value of property events.

Episode links:

My Freelance Admin.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 303: The Latest Property News

simon@thebusinessofproperty.com (The Business of Property) — Wed, 17 Sep 2025 05:00:00 +0100

Simon reviews the most important property business news from the last few weeks.

Episode links:

Renters Rights Bill latest.
Previous MTD episodes:
- Episode 287 - Answering MTD Questions.
- Episode 289 - Answering Making Tax Digital Questions.
New sanctions list checking requirements.
Struggling rent:
Budget on the 26th of November.
Tenants rating landlords and agents badly.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 302: One Thing Wednesday - Social Media

simon@thebusinessofproperty.com (The Business of Property) — Wed, 10 Sep 2025 05:00:00 +0100

Simon and Rachael are back for another One Thing Wednesday episode, this time talking about social media.

Episode links:

My Freelance Admin.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 301: Property Market Update August/September 2025

simon@thebusinessofproperty.com (The Business of Property) — Wed, 03 Sep 2025 05:00:00 +0100

In this episode, Simon reviews the latest property market data from August 2025.

Episode links:

Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 300: One Thing Wednesday - Make your tax return easier

simon@thebusinessofproperty.com (The Business of Property) — Wed, 27 Aug 2025 05:00:00 +0100

Simon and Rachael kick off the first One Thing Wednesday episode with everyone's favourite topic - making tax a little bit easier.

Episode links:

My Freelance Admin.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 299: Stuart returns for a catch-up

simon@thebusinessofproperty.com (The Business of Property) — Wed, 20 Aug 2025 05:00:00 +0100

Stuart returns to The Business of Property podcast for a catch-up on all things property and business!

Stuart and Simon chat about how Stuart's property business has changed, and not changed, over the last year and a bit. Covering "The Croydon Flat", HMO difficulties, changing tenant profiles and writing a book!

Episode links:

Extra special guest - Stuart Lordan.
Stuart's previous episode.
Stuart's free HMO profit ebook.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 298: Mortgage market update - August 2025

simon@thebusinessofproperty.com (The Business of Property) — Wed, 13 Aug 2025 05:00:00 +0100

Regular guest Simon Glastonbury, an independent mortgage broker, joins this episode to discuss the latest news for the mortgage market.

Simon and Simon discuss the Bank of England, efforts to encourage first time buyers and how the property market could be primed for action very soon! Plus their regular round-up of current mortgage rates for property investors.

Episode links:

Special guest - mortgage broker Simon Glastonbury.
Government announcement to encourage first time buyers.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Special Guest: Simon Glastonbury.

Episode 297: Property Market Update July/August 2025

simon@thebusinessofproperty.com (The Business of Property) — Wed, 06 Aug 2025 05:00:00 +0100

In this episode, Simon reviews the latest property market data from July 2025.

Episode links:

Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 296: A few introductions

simon@thebusinessofproperty.com (The Business of Property) — Wed, 30 Jul 2025 05:00:00 +0100

Simon is joined by special guest Rachael Bosanquet to introduce herself, her property goals and a special Business of Property project.

Episode links:

My Freelance Admin.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Special Guest: Rachael Bosanquet.

Episode 295: Five tax returns!?!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 23 Jul 2025 05:00:00 +0100

Simon answers the tricky "Do we have to complete five tax returns?" question that's hanging over the Making Tax Digital changes coming next year.

Episode links:

Who Moved My Cheese?.
HMRC software list for Making Tax Digital for Income Tax.
Making Tax Digital at PaTMa.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 294: Start your property journey with training?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 16 Jul 2025 05:00:00 +0100

In this episode Simon recommends you start simple and has a slight rant about property training!

Episode links:

Episode 293 - Advice for getting started in property.
The previous "Replace your salary from property" series...
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 293: Money to invest but not sure how to start?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 09 Jul 2025 05:00:00 +0100

Simon has been talking to a few potential property investors looking for advice on how to get started. In this episode Simon talks through his initial advice.

Episode links:

Crawley Property Meet.
Surrey Property Exchange.
Property and Poppadoms.
PaTMa free basic BTL deal calculator.
Free deal analysis spreadsheet from PaTMa.
PaTMa Deal Finder Starter for advanced property deal analysis.
Mortgage broker Simon Glastonbury.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 292: Property Market Update June/July 2025

simon@thebusinessofproperty.com (The Business of Property) — Wed, 02 Jul 2025 05:00:00 +0100

In this episode, Simon reviews the latest property market data from June 2025.

Episode links:

Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 291: Mortgage market update, June 2025

simon@thebusinessofproperty.com (The Business of Property) — Wed, 25 Jun 2025 05:00:00 +0100

Regular guest Simon Glastonbury, an independent mortgage broker, joins this episode to discuss the latest news for the mortgage market.

Simon and Simon discuss the Bank of England, over optimistic agent valuations and university accommodation options for property investor parents. Plus their regular round-up of current mortgage rates for property investors.

Episode links:

Special guest - mortgage broker Simon Glastonbury.
Estate agents accused of over valuations.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Special Guest: Simon Glastonbury.

Episode 290: Highlights from Renters Rights Bill panel event

simon@thebusinessofproperty.com (The Business of Property) — Wed, 18 Jun 2025 05:00:00 +0100

Simon reports on a recent Surrey Property Exchange expert panel, discussing the Renters Rights Bill.

Episode links:

Episode 256 - Richard Simmons.
Surrey Property Exchange.
Louise Reynolds.
Anna Hughes.
Peter Littlewood - iHowz.
Suzanne Smith.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 289: Answering Making Tax Digital Questions

simon@thebusinessofproperty.com (The Business of Property) — Wed, 11 Jun 2025 05:00:00 +0100

Simon is still getting questions from landlords about Making Tax Digital, in this episode he's answering a few common ones.

Ask Simon about Making Tax Digital

Episode links:

Episode 287 - previous MTD questions and answers.
You can book a call with Simon about MTD.
Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 288: Property Market Update May/June 2025

simon@thebusinessofproperty.com (The Business of Property) — Wed, 04 Jun 2025 05:00:00 +0100

In this episode, Simon reviews the latest property market data from May 2025.

Episode links:

Get your free weekly property market stats from PaTMa.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, Apple, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 287: Answering your MTD questions

simon@thebusinessofproperty.com (The Business of Property) — Wed, 28 May 2025 05:00:00 +0100

Simon is getting more questions from landlords about Making Tax Digital, in this episode he starts answering a few common ones.

Ask Simon about Making Tax Digital

Episode links:

You can book a call with Simon about MTD.
Join our email newsletter for a free weekly property market report.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, iTunes, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Episode 286: Mortgage market update, May 2025

simon@thebusinessofproperty.com (The Business of Property) — Wed, 21 May 2025 05:00:00 +0100

Regular guest Simon Glastonbury, an independent mortgage broker, joins this episode to discuss the latest Bank of England rate reduction and what it means for available mortgage rates.

Simon and Simon discuss the promising changes to available mortgage products, and some concern over the wider property market! Plus their regular round-up of current mortgage rates for property investors.

Episode links:

Special guest - mortgage broker Simon Glastonbury.
Join our email newsletter for a free weekly property market report.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, iTunes, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Special Guest: Simon Glastonbury.

Episode 285: Property Accounting: Tax Deductions and Market View

simon@thebusinessofproperty.com (The Business of Property) — Wed, 14 May 2025 05:00:00 +0100

Simon chats with Jake Lew, an experienced property accountant from BKL, to delve into intricate relationship between accounting and property investment.

They discuss tax implications of transferring properties to limited companies, plus the distinction between repair and capital expenses, emphasizing their tax treatments. Additionally, they explore current market trends, including the impact of high interest rates and stamp duty changes, and the growing importance of energy efficiency in property investments. The episode provides valuable insights for UK property investors and landlords.

Episode links:

Jake Lew at BKL.
Jake Lew on LinkedIn.
Episode 281 - The costs of moving property to a limited company.
Join our email newsletter for a free weekly property market report.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, iTunes, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Special Guest: Jake Lew.

Episode 284: Property Market Update April/May 2025

simon@thebusinessofproperty.com (The Business of Property) — Wed, 07 May 2025 05:00:00 +0100

In this episode, Simon reviews the latest property market data from April 2025.

Episode links:

Get free weekly property market stats from PaTMa.
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Episode 283: How to make your BTL profitable again!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 30 Apr 2025 05:00:00 +0100

In this episode, Simon considers a different approach that could improve the profit of your BTL properties. He works through an example, setting out all the figures involved.

Episode links:

Episode 281 - The costs of moving property to a limited company.
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Episode 282: Agents view on the property market

simon@thebusinessofproperty.com (The Business of Property) — Wed, 23 Apr 2025 05:00:00 +0100

In this episode, Simon is joined by Graham Faulkner and Ryan Moulton from EweMove to chat about property management and views on the current sales and letting markets.

Episode links:

Two special guests from EweMove:
- Graham Faulkner covers Dorking and Leatherhead.
- Ryan Moulton covers Guildford.
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Special Guests: Graham Faulkner and Ryan Moulton.

Episode 281: Is it profitable moving a BTL to a Ltd company?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 16 Apr 2025 05:00:00 +0100

In this episode, Simon works through the costs of moving an example buy-to-let investment property to a limited company.

Episode links:

Episode 280 - Why you might move a property to a Ltd company.
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Episode 280: Should you move your property to a ltd company?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 09 Apr 2025 05:00:00 +0100

In this episode, Simon considers why landlords with personally owned investment properties are moving them into companies. And when you probably shouldn't!

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Episode 279: Property Market Update March/April 2025

simon@thebusinessofproperty.com (The Business of Property) — Wed, 02 Apr 2025 05:00:00 +0100

In this episode, Simon reviews the latest property market data from March 2025.

Looking at listing prices, market reductions, time on the market, and rental prices, Simon reports on changes in March and considers the property market ahead for April.

Episode links:

HMRC monthly transactions.
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Episode 278: Using BRRR to buy smarter!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 26 Mar 2025 05:00:00 +0000

Simon looks at how Buy, Refurbish, Refinance, Rent (BRRR) can be used to stretch your purchasing power and use property to replace your salary even faster.

Not sure how to work out the numbers involved in BRRR? Try the PaTMa Deal Finder 14-day free trial to get the calculations done for you.

Episode links:

Episode 276.
Episode 277.
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Episode 277: Replacing your salary with HMO investments

simon@thebusinessofproperty.com (The Business of Property) — Wed, 19 Mar 2025 05:00:00 +0000

Simon answers the question of what it would take to replace the average salary with an HMO portfolio.

Stuart and Simon previously asked this question four years ago and this episode revisits the question with up to date figures. Listen back to episode 86 as well for the comparison on how dramatically things have changed in the last four years.

Episode links:

Episode 80.
Episode 82.
Episode 86.
Episode 273 - mortgage rates with Simon Glastonbury.
Mortgage broker Simon Glastonbury.
Episode 271 - investing in the south.
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Episode 276: Replacing your salary with BTL investments

simon@thebusinessofproperty.com (The Business of Property) — Wed, 12 Mar 2025 12:00:00 +0000

Simon answers the question of what it would take to replace the average salary with a BTL portfolio.

Episode links:

Episode 80.
Episode 82.
Episode 86.
Today's buy-to-let profit calculation on PaTMa.
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Episode 275: Property Market Update February/March 2025

simon@thebusinessofproperty.com (The Business of Property) — Wed, 05 Mar 2025 05:00:00 +0000

In this episode, Simon reviews the latest property market data from February 2025.

Looking at listing prices, market reductions, time on the market, and rental prices, Simon reports on changes in February and considers the property market ahead for March.

Episode links:

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Episode 274: Capital growth on North/South investments

simon@thebusinessofproperty.com (The Business of Property) — Wed, 26 Feb 2025 05:00:00 +0000

In this episode, Simon considers the effect and return from capital growth on the flats considered in episodes 271 and 272.

Episode links:

Area property price growth:
- Plymouth
- Eastbourne
- Croydon
- Manchester
- Leeds
- Derby
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Episode 273: BoE Rate Drop - Mortgage Update

simon@thebusinessofproperty.com (The Business of Property) — Wed, 19 Feb 2025 05:00:00 +0000

Regular guest Simon Glastonbury, an independent mortgage broker, joins this episode to discuss the latest Bank of England rate reduction and what it means for available mortgage rates.

Simon and Simon discuss the future of the Bank of England rate, the disappointing effect on actual mortgage rates, and a new height for mortgage fees! Plus their regular round-up of current mortgage rates for property investors.

Episode links:

Special guest - mortgage broker Simon Glastonbury.
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Special Guest: Simon Glastonbury.

Episode 272: How much cash to buy a BTL in the north?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 12 Feb 2025 05:00:00 +0000

In this episode, Simon investigates what it really costs to purchase a buy-to-let investment in three popular northern locations.

Episode links:

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Episode 271: How much cash to buy a BTL in the south?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 05 Feb 2025 05:00:00 +0000

In this episode, Simon investigates what it really costs to purchase a buy-to-let investment in three popular southern locations.

Episode links:

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Episode 270: Market Update January 2025

simon@thebusinessofproperty.com (The Business of Property) — Wed, 29 Jan 2025 05:00:00 +0000

In this episode, Simon reviews the latest property market data from January 2025.

Focusing on listing prices, market reductions, time on the market, and rental prices, Simon considers how well the property market has started 2025.

Episode links:

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Episode 269: The HMO Compliance Documents You Need

simon@thebusinessofproperty.com (The Business of Property) — Wed, 22 Jan 2025 05:00:00 +0000

Learn (or be reminded) of the key compliance documents you need for an HMO property.

In this episode Simon talks through the compliance documents you need for an HMO property - what they are, when you need them and how long they last.

Episode links:

Episode 266 - 8 Steps for Property Management Success in 2025.
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Episode 268: The BTL Compliance Documents You Need

simon@thebusinessofproperty.com (The Business of Property) — Wed, 15 Jan 2025 05:00:00 +0000

Learn (or be reminded) of the key compliance documents you need for a buy-to-let property.

In this episode Simon talks through the compliance documents you need for a BTL property - what they are, when you need them and how long they last.

Episode links:

Episode 266 - 8 Steps for Property Management Success in 2025.
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Episode 267: Completing Your Property Tax Return

simon@thebusinessofproperty.com (The Business of Property) — Wed, 08 Jan 2025 05:00:00 +0000

Completing the property pages of your self assessment tax return doesn't having to be taxing!

In this episode Simon talks through what you need to get your property tax pages done, providing a template process to follow that's suitable for most residential landlords.

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Episode 266: 8 Steps for Property Management Success in 2025

simon@thebusinessofproperty.com (The Business of Property) — Wed, 01 Jan 2025 05:00:00 +0000

Simon outlines 8 steps for property management success in 2025. Get the year started well and stay organised throughout 2025 with these easy processes.

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Episode 265: Mortgage Roundup for the end of 2024

simon@thebusinessofproperty.com (The Business of Property) — Wed, 25 Dec 2024 05:00:00 +0000

Regular guest Simon Glastonbury, an independent mortgage broker, joins this episode to roundup the current UK mortgage market at the end of 2024.

Simon and Simon discuss lots of mortgage interest rates - the future of the Bank of England rate, how rates have changed over 2024 and what 2025 might bring. Plus their regular round-up of current mortgage rates for property investors.

Episode links:

Special guest - mortgage broker Simon Glastonbury.
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Special Guest: Simon Glastonbury.

Episode 264: Simon's Monthly Property Admin - Live!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 18 Dec 2024 05:00:00 +0000

Simon provides a live walk-through of his monthly property finance updates!

Using the PaTMa Property Manager software Simon demonstrates how quickly he manages his monthly updates, including invoices and rent payments. He showcases the efficiency of automation in property management, providing valuable insights for active UK landlords and property investors on streamlining financial processes.

Episode links:

Monthly finance recording with PaTMa Property Manager.
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Episode 263: Property Market Predictions to 2027

simon@thebusinessofproperty.com (The Business of Property) — Wed, 11 Dec 2024 05:00:00 +0000

Simon delves into the future of the property market by analyzing three recent forecasts covering the next three years.

He reviews reports from Hamptons, JLL, and Savills, comparing their predictions for house prices and rental prices over the next three years. Additionally, Simon highlights a Nationwide report discussing upcoming changes to first-time buyer stamp duty and its potential market impact.

Episode links:

Hamptons forecast.
JLL forecast.
Savills forecast.
Nationwide report and discussion about FTB stamp duty.
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Episode 262: Secrets to Successful Holiday Home Management

simon@thebusinessofproperty.com (The Business of Property) — Wed, 04 Dec 2024 05:00:00 +0000

Simon is joined by Michelle McCartney, an expert in holiday home and short-term accommodation management.

Michelle shares her journey from long-term rentals to founding Huluki, a business specializing in managing period properties. The discussion covers the complexities of managing older properties, the importance of dynamic pricing, and the operational intricacies of short-term rentals. Michele emphasizes the need for meticulous property maintenance, effective calendar management, and a client-focused approach to succeed in the competitive holiday rental market.

Episode links:

Huluki Sussex Stays for historic and characterful homes in Sussex.
Miro.
Zapier.
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Special Guest: Michelle McCartney.

Episode 261: Answering Common Making Tax Digital Questions

simon@thebusinessofproperty.com (The Business of Property) — Wed, 27 Nov 2024 05:00:00 +0000

Simon answers some common questions he's come across about Making Tax Digital for landlords.

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Episode 260: Year-End Property Market Insights: Trends, Reductions, and more

simon@thebusinessofproperty.com (The Business of Property) — Wed, 20 Nov 2024 05:00:00 +0000

Simon offers an analysis of the UK property market as 2024 draws to a close.

He highlights the typical seasonal slowdown, noting increased price reductions and longer selling times. Despite this, Simon identifies opportunities for savvy investors to find bargains. He also discusses trends in rental prices.

Episode links:

Hometrack October.
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Episode 259: Being positive about mortgages

simon@thebusinessofproperty.com (The Business of Property) — Wed, 13 Nov 2024 05:00:00 +0000

Regular guest Simon Glastonbury, an independent mortgage broker, joins this episode to explore the current UK mortgage market.

Simon and Simon discuss the Bank of England interest rate change and how it's affecting the mortgage market. Plus their regular round-up of current mortgage rates for property investors.

Episode links:

Special guest - mortgage broker Simon Glastonbury.
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Special Guest: Simon Glastonbury.

Episode 258: Have you missed this in your budget reviews?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 06 Nov 2024 05:00:00 +0000

Simon delves into the recent budget and its implications for UK landlords.

Simon focuses on a key and under-reported change affecting smaller landlords. Simon also covers other key budget points, including changes to stamp duty, capital gains tax, inheritance tax, employers' national insurance, and energy efficiency requirements for rental properties.

Episode links:

October 2024 budget.
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Episode 257: Navigating the Complexities of Property Development: Insights on MMC and Viability Assessments

simon@thebusinessofproperty.com (The Business of Property) — Wed, 30 Oct 2024 05:00:00 +0000

Simon is joined by Adria Tarrida, co-founder of Viability, to explore modern methods of construction (MMC) and the challenges faced by property developers.

Adria explains MMC's benefits, such as reduced on-site construction time and waste, while also addressing its challenges, including land optimization and cost-effectiveness. The discussion highlights the importance of viability assessments, with Adria showcasing how Viability's software aids developers in making informed decisions. Additionally, they touch on new biodiversity net gain legislation and its implications for development projects. This episode offers valuable insights for UK property investors and developers.

Episode links:

Viability, a software platform to accurately assess, optimise and de-risk property developments in seconds.
MMC Framework
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Special Guest: Adrià Tarrida.

Episode 256: From Isolation to Community: The Power of Property Networking

simon@thebusinessofproperty.com (The Business of Property) — Wed, 23 Oct 2024 05:00:00 +0100

In this episode of the Business of Property podcast, host Simon welcomes Richard Simmons, an experienced property investor and founder of a prominent property networking event.

Richard, who began his property journey in 2009, focuses on adding value for resale rather than renting. He discusses the inception and evolution of his networking event, emphasizing the importance of in-person interactions, especially post-COVID. Richard highlights the diverse topics covered at his events and the value of real-life experiences over polished success stories.

Episode links:

Monthly Guildford property meet - Surrey Property Exchange.
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Special Guest: Richard Simmons.

Episode 255: Analyzing Mortgage Options for Optimal Cash Flow and Wealth Growth

simon@thebusinessofproperty.com (The Business of Property) — Wed, 16 Oct 2024 05:00:00 +0100

Simon shares his recent remortgaging journey! He discusses the complexities of comparing two-year and five-year fixed-rate mortgages, focusing on interest rates, fees, and their impact on cash flow and long-term wealth.

Episode links:

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Episode 254: 8 Reasons to Self Manage your Rental Properties

simon@thebusinessofproperty.com (The Business of Property) — Wed, 09 Oct 2024 05:00:00 +0100

Simon delves into the benefits of self managing your rental properties.

Simon outlines eight compelling reasons why landlords might opt for managing their own rental properties rather than using letting agents. Simon also highlights useful tools that can aid landlords in self-management.

Episode links:

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Episode 253: Mortgage updates and HMO commercial valuations

simon@thebusinessofproperty.com (The Business of Property) — Wed, 02 Oct 2024 05:00:00 +0100

Regular guest Simon Glastonbury, an independent mortgage broker, joins this episode to delve into the current state of the UK mortgage market. Plus a discussion about HMO commercial valuations!

Simon and Simon discuss recent trends in interest rates and their impact on buyers and investors. Simon highlights the increased activity among mortgage brokers due to the slight decline in rates, the psychological factors influencing buyer behavior, and the challenges faced by first-time buyers. The episode provides valuable insights for property investors navigating the evolving mortgage landscape.

Episode links:

Special guest - mortgage broker Simon Glastonbury.
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Special Guest: Simon Glastonbury.

Episode 252: 8 Reasons to Use a Letting Agent

simon@thebusinessofproperty.com (The Business of Property) — Wed, 25 Sep 2024 05:00:00 +0100

Simon, delves into the benefits of using a letting agent for managing rental properties.

He outlines eight compelling reasons why landlords might opt for professional management services. Simon emphasizes that while self-management has its perks, a letting agent can provide valuable support, particularly for landlords lacking the time, experience, or desire to handle all aspects of property management.

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Episode 251: HMO Investment Then, and Now

simon@thebusinessofproperty.com (The Business of Property) — Wed, 18 Sep 2024 05:00:00 +0100

Simon chats with Pam Mackenzie about the changing landscape of property investment over the last ten years.

They explore the changes in mortgage requirements and property regulations over the past decade, particularly for HMO (House in Multiple Occupation) properties. Pam shares her experiences with her first HMO investment, the impact of new safety regulations, and her current investment strategy. The conversation highlights the importance of financial preparedness and adaptability in navigating today’s competitive property market, offering valuable insights for active property investors and landlords.

Episode links:

Pam's past episodes:
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Special Guest: Pam Mackenzie.

Episode 250: The Story of Pam's First HMO Investment Property

simon@thebusinessofproperty.com (The Business of Property) — Wed, 11 Sep 2024 05:00:00 +0100

Simon welcomes back seasoned property investor Pam Mackenzie. Pam shares her journey of purchasing and converting her first House in Multiple Occupation (HMO) with her business partner, Tania.

They discuss the challenges faced during the purchase, the renovations undertaken, and the successful targeting of EasyJet aircrew as tenants. Pam also delves into the financial aspects, including joint ventures and the impact of Brexit on rental income.

Episode links:

Pam's past episodes:
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Special Guest: Pam Mackenzie.

Episode 249: Analyzing the Property Market: Two Years to August 2024

simon@thebusinessofproperty.com (The Business of Property) — Wed, 04 Sep 2024 05:00:00 +0100

In this episode, Simon compares property market data from August 2024 with figures from August 2023 and August 2022.

Focusing on listing prices, time on the market, and rental performance, Simon highlights trends such as a real-term decline in property prices and a robust rental market with rents outpacing inflation. He also speculates on future market conditions, considering changing interest rates and economic factors.

Episode links:

PaTMa weekly market report.
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Episode 248: Is Self-Managing Tenant Finding Worth the Time and Cost?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 28 Aug 2024 05:00:00 +0100

In this episode, Simon delves into the tenant-finding process. He compares the real costs of self-managing tenant finding versus hiring an agent.

Simon covers both cash expenses and time investment. Simon outlines tasks such as advertising, tenant inquiries, viewings, and referencing, providing a detailed breakdown of his time spent. Also learn about the tools and technology that help with self-managed tenant finding..

Episode links:

Episode 221 - more in-depth on self marketing for tenants.
OpenRent for advertising and referencing.
PaTMa for managing compliance and documentation.
Savvycal for scheduling viewings.
Or Cal.com / Google Calendar appointment schedule.
Toggl for time tracking.
Visum.
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Episode 247: 8 Essential Criteria to Future-Proof Your Buy-to-Let Investments

simon@thebusinessofproperty.com (The Business of Property) — Wed, 21 Aug 2024 05:00:00 +0100

In this episode, Simon shares his insights on eight crucial factors for long-term buy-to-let investments.

He emphasizes future-proofing properties to maintain their value and appeal. Key considerations include ... you'll have to listen to find out!

Episode links:

Stats on EV sales.
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Episode 246: Bridging Finance and Mortgage Trends with Simon Glastonbury

simon@thebusinessofproperty.com (The Business of Property) — Wed, 14 Aug 2024 05:00:00 +0100

Simon is joined by Simon Glastonbury, an independent mortgage broker with 25 years of experience, to discuss the Bank of England's base rate reduction and its impact on mortgage rates.

Simon provides insights into the current mortgage landscape, highlighting anticipated changes and their effects on first-time buyers and investors. The episode also introduces bridging finance, explaining its uses and differences from traditional mortgages.

Episode links:

Special guest - mortgage broker Simon Glastonbury.
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Special Guest: Simon Glastonbury.

Episode 245: Case Study and Auctions with Julie Condliffe

simon@thebusinessofproperty.com (The Business of Property) — Wed, 07 Aug 2024 05:00:00 +0100

In this episode Simon chats with Julie Condliffe, an award-winning property auction solicitor and seasoned property investor.

Julie shares her journey into property investment, highlighting a significant early investment in an apartment in Swindon. She discusses the allure of guaranteed rent and the challenges she faced when the promise fell through, leaving her financially strained. The episode provides valuable insights into the realities of property investment, emphasizing resilience, due diligence, and the risk of relying on guarantees.

Episode links:

Special guest - Julie Condliffe.
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Special Guest: Julie Condliffe.

Episode 244: Profitable to Precarious: The Reality of Remortgaging BTL Investments

simon@thebusinessofproperty.com (The Business of Property) — Wed, 31 Jul 2024 05:00:00 +0100

In this episode of the Business of Property podcast, Simon delves into the current financial challenges faced by UK landlords with buy-to-let properties.

Simon discusses the financial strain caused by rising interest rates and changes in tax regulations (Section 24). Simon revisits a previously analyzed investment property, illustrating how increased mortgage costs and tax liabilities significantly reduce profitability. Listen for all
the numbers!

Episode links:

Last weeks property walkthrough.
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Episode 243: Boring Property Deals Can Work!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 24 Jul 2024 05:00:00 +0100

Simon introduces a successful yet straightforward investment property acquired in 2017, highlighting the simplicity of the process compared to more complex deals discussed in previous episodes.

Simon details the process of finding, purchasing, and managing a three-bedroom terrace home in Redhill. Emphasizing the importance of sharing both complex and simple property investment stories, he invites listeners to share their own experiences, particularly those that may be considered "boring" or straightforward, to contribute to the learning of the property investment community.

Episode links:

Last weeks property walkthrough with Susannah Cole.
Early analysis from property listings.
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Episode 242: Investment Property Case Study with Susannah Cole

simon@thebusinessofproperty.com (The Business of Property) — Wed, 17 Jul 2024 05:00:00 +0100

Simon welcomes Susannah Cole, an experienced landlord and property investor, to walk through in-depth details of an investment property case study.

Susannah shares her journey of acquiring a property in Bristol, previously owned by a hoarder with nine dogs, highlighting the challenges and strategic decisions involved. Learn how Susannah found the property deal and her process for transforming it into a successful investment.

Episode links:

Special guest - Susannah Cole.
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Special Guest: Susannah Cole.

Episode 241: Mortgage Update + Should You Consider Tracker Mortgages?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 10 Jul 2024 05:00:00 +0100

Simon and seasoned mortgage broker Simon Glastonbury delve into the current state of the UK property market and the potential impact of the general election on mortgages and finance.

They explore the outlook for interest rates, speculate on possible stamp duty changes, and discuss the implications of a base rate cut on fixed rates. The conversation shifts to tracker mortgages, examining their history, current availability, and the risks and benefits compared to fixed rates. They also include a mortgage update with all the best mortgage rates currently available for investors.

Episode links:

Special guest - mortgage broker Simon Glastonbury.
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Special Guest: Simon Glastonbury.

Episode 240: The End-of-Tenancy Tango: Council Tax, Utilities and more

simon@thebusinessofproperty.com (The Business of Property) — Wed, 03 Jul 2024 05:00:00 +0100

Host Simon provides a detailed guide on managing the end of a tenancy.

Simon addresses a listener's question about handling council tax, utilities, and other administrative tasks, especially for properties owned by limited companies. He shares his own experiences as a self-managing landlord, highlighting the need for effective communication, documentation, and thorough inspections. Simon's insights offer valuable advice for landlords and property managers to ensure a smooth transition and address key administrative tasks efficiently.

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Episode links:

Building a Time Efficient £Million Property Portfolio.
How to make £1 million from buy-to-let property.
Streamlined property management with PaTMa Manager.
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Episode 239: Make £1 million from BTL (Part 2, The Future)

simon@thebusinessofproperty.com (The Business of Property) — Wed, 26 Jun 2024 05:00:00 +0100

In this episode, Simon delves into a follow-up discussion on achieving £1 million from a buy-to-let property portfolio, addressing listener questions from the previous episode.

Simon introduces updates to the PaTMa Prospector software, which now offers enhanced features for evaluating multiple property strategies and clearer financial forecasts. Simon also offers a seven-day trial for the software and encourages feedback. He answers questions about his own portfolio and the feasibility of the £1 million model, considering current market conditions.

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Episode links:

Last week - How to make £1 million from buy-to-let property.
Today's spreadsheet.
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Episode 238: How to make £1 million from buy-to-let property

simon@thebusinessofproperty.com (The Business of Property) — Wed, 19 Jun 2024 05:00:00 +0100

In this episode, Simon explores the pathway to making £1 million from buy-to-let property investments.

Simon outlines a simplified model that focuses on rental profit and equity gains. He details an investment strategy involving purchasing standard three-bedroom family homes in Brighton. Listen to find out how this simple property investment strategy can make £1 million.

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The previous "Replace your salary from property" series...
Today's spreadsheet.
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Episode 237: Building a Time Efficient £Million Property Portfolio

simon@thebusinessofproperty.com (The Business of Property) — Wed, 12 Jun 2024 05:00:00 +0100

Simon explores strategies for optimizing a £million property portfolio for minimal time investment, without fully outsourcing.

Have you considered how the structure of your property portfolio, and the properties within it, affects the amount of time you spend? Listen for Simon's thoughts on how you should structure a £million property portfolio with the intention of minimising the cost on your time.

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Episode links:

My last solo episode - 231 - How do you evaluate a property?.
Property Hub episode
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Episode 236: Secrets of Successful Property Networking: Crawley Property Meet

simon@thebusinessofproperty.com (The Business of Property) — Wed, 05 Jun 2024 05:00:00 +0100

Simon welcomes Julia Scoville, the organizer of Crawley Property Meet. Learn the secrets of (attending) a successful property networking event.

Julia recounts the meetup's humble beginnings in a hotel foyer, its growth to larger venues, and the pivot to virtual gatherings during the pandemic. She emphasizes the importance of support for landlords facing everyday challenges. Now at the helm, Julia is reinvigorating the meetup with a focus on networking and value for attendees. Despite initial post-pandemic attendance hurdles, Julia's enthusiasm suggests a bright future for Crawley Property Meet and its members.

Please accept my apologies for the minor sound issues on this recording.

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Episode links:

Crawley Property Meet on Facebook.
June's Crawley Property Meet, on Eventbrite.
Julia's previous episode.
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Special Guest: Julia Scoville.

Episode 235: Exploring Land Opportunities and Navigating Planning Permission

simon@thebusinessofproperty.com (The Business of Property) — Wed, 29 May 2024 05:00:00 +0100

Host Simon welcomes Rob Turner, Land Director at Virtue Property Group, to discuss the intricacies of land acquisition and the planning permission process.

Rob shares his strategies for identifying land opportunities, emphasizing the importance of relationships with agents and thorough site evaluations. He details the planning application steps, including pre-application meetings with councils and working with architects. Rob recounts a successful development where he personally invested, transforming a rundown bungalow and outbuildings into an attractive courtyard housing scheme.

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Episode links:

Special guest - Rob Turner from Virtue Property Group.
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Special Guest: Rob Turner.

Episode 234: A Guide to Limited Company Mortgages. And the Best Mortgage Rates.

simon@thebusinessofproperty.com (The Business of Property) — Wed, 22 May 2024 05:00:00 +0100

Host Simon, a seasoned property investor, chats with Simon, an expert mortgage broker, about the intricacies of mortgage rates, the influence of the Bank of England base rate, and the specifics of limited company mortgages.

The episode delves into the potential fluctuations of the base rate and its subsequent effects on mortgage rates, as well as the unique challenges and documentation requirements for portfolio landlords and limited company buy-to-let applications. Listeners gain valuable insights into the current mortgage landscape, including a look at a novel mortgage product that could benefit certain buyers.

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Episode links:

Barclays - Joint borrower, sole proprietor.
Special guest - mortgage broker Simon Glastonbury.
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Special Guest: Simon Glastonbury.

Episode 233: Transforming Blocks of Flats into Profitable Assets

simon@thebusinessofproperty.com (The Business of Property) — Wed, 15 May 2024 05:00:00 +0100

In the latest episode of the Business of Property podcast, host Simon welcomes Ami and Rita, co-owners of a property business specializing in blocks of apartments in the South East.

They discuss their successful strategy of buying, refurbishing, refinancing, and holding properties, aiming to pull out all invested money with each project. The duo shared insights into a recent project involving a block of flats, detailing the challenges and strategies of managing refurbishments, tenant issues, and the financial aspects of property investment. Their hands-on experience and dedication to strategic growth offer valuable lessons for fellow property investors and landlords. For more insights, listeners can connect with Amy and Rita through their Facebook page, Your Property Family.

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Episode links:

Ami and Rita - Your Property Family.
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Special Guest: Ami and Rita.

Episode 232: Making Ugly Ducklings Fly Off the Market

simon@thebusinessofproperty.com (The Business of Property) — Wed, 08 May 2024 05:00:00 +0100

In this insightful episode, Simon welcomes Annette Gardner, a seasoned property presenter and stager, to the Business of Property podcast. Annette delves into the nuances of property staging, sharing her valuable experience in transforming homes to captivate potential buyers or tenants.

She highlights the significance of neutral decor and strategic touches to foster a welcoming environment. Annette's approach to sourcing furniture and decor is both eco-conscious and charitable, as she opts for upcycled and second-hand items. She recounts a poignant story of assisting a grieving son in Horsham, resulting in a swift sale and a substantial increase over the probate value. Annette's expertise not only aids in quick sales but also supports clients through emotional transitions, proving that staging is an integral part of property marketing.

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Episode links:

Annette Gardner from Hepburn at Home.
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Special Guest: Annette Gardner.

Episode 231: How do you evaluate a property?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 01 May 2024 05:00:00 +0100

In the latest episode of the Business of Property podcast, host Simon delves into his process for evaluating properties from his desktop. He shares valuable insights on assessing floor plans, scrutinizing photos, and the benefits of virtual tours for a better grasp of a property's layout and condition. Simon also discusses using Google Street View and Maps to understand the property's surroundings and highlights the importance of reviewing the Energy Performance Certificate for rental compliance and improvement potential. He concludes by mentioning financial evaluation tools, such as the free buy-to-let profit calculator available from PaTMa.

Process overview:

Floor plans
Photos
(Virtual tour)
PaTMa combined Google Streetview and Google Maps tool
Costs ballpark (photos, again)
EPC
Start financial forecasts in PaTMa Prospector

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Episode links:

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Episode 230: Infinite ROI from the start, with Stuart French

simon@thebusinessofproperty.com (The Business of Property) — Wed, 24 Apr 2024 05:00:00 +0100

In the latest episode of the Business of Property podcast, host Simon is joined by Stuart French, co-owner of Pineapple Group. Stuart imparts his expertise on navigating the myriad of challenges in the property investment landscape, from tax hurdles to financial planning and property management.

Stuart's journey in property investment is nothing short of inspiring. Imagine achieving an infinite return on your first property investment! That's exactly what Stuart did with a property he bought for £130,000 and, after some extensive renovations, refinanced for £210,000. His background as a structural engineer, coupled with a keen eye for potential, led him to the Medway area, where he capitalized on the growth opportunities presented by significant infrastructure developments.

But it's not just about the success stories. Stuart delves into the critical decisions that shape a property portfolio, such as navigating tax law changes and restructuring for efficiency. He shares his insights on balancing cash flow with capital growth and why London's current market conditions are ripe for investors with the means to dive in.

The Pineapple Group's comprehensive services are designed to streamline the investment process for those looking to invest in the UK from abroad.

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Episode links:

Special guest - Stuart French, from Pineapple Group.
Free Strategy Session Link for all listeners. Join us for a chat (fully booked until summer) and we’ll get you moving, or moving faster.
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Special Guest: Stuart French.

Episode 229: The best mortgage rates, market urgency and EWS1 requirements

simon@thebusinessofproperty.com (The Business of Property) — Wed, 17 Apr 2024 05:00:00 +0100

Host Simon is joined by Simon Glastonbury, a seasoned independent mortgage broker. They note an uptick in available properties but a corresponding dip in buyer urgency, and round-up the latest mortgage rates.

They delve into the nuances of the UK property market, noting an uptick in available properties but a corresponding dip in buyer urgency, which may lead to transaction delays. Simon G sheds light on the high fall-through rates and the emotional toll of collapsed deals. He also touches on lenders' meticulousness in the mortgage process, the challenges of down valuations, and options for dealing with them. They also discuss the current state of the EWS1 requirements for flats with cladding issues. Furthermore, Simon G finishes up with the best of current mortgage rates (and fees) for BTL and HMO investors.

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Episode links:

Special guest - mortgage broker Simon Glastonbury.
Property market "lack of urgency"
There are still flats without an EWS1
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Special Guest: Simon Glastonbury.

Episode 228: Unbreakable Spirit: Philip Mallourides' Extraordinary Path in Property Investing

simon@thebusinessofproperty.com (The Business of Property) — Wed, 10 Apr 2024 05:00:00 +0100

In this insightful episode of the Business of Property podcast, Simon chats with Philip Mallourides, a seasoned property investor, to unravel his unique property journey from rent-to-rent (before it was) to blocks of auction purchased flats.

Philip recounts how he inadvertently became a landlord in 1996, a move encouraged by market conditions. He shares his early experiences in property management and the evolution of the rent-to-rent model. The episode takes a poignant turn as Philip openly discusses his conviction and subsequent imprisonment, which led to a complete loss of his property portfolio. Demonstrating resilience, Philip speaks about the power of mindset in overcoming adversity and rebuilding his life. He also provides valuable insights into property auctions, emphasizing the importance of due diligence and strategic planning. This episode is a blend of personal narrative and professional wisdom, offering a compelling look at the highs and lows of property investment.

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Episode links:

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Special Guest: Philip Mallourides.

Episode 227: Unveiling the Secrets: Stuart's Key Learnings in Property Business

simon@thebusinessofproperty.com (The Business of Property) — Wed, 03 Apr 2024 05:00:00 +0100

In this episode of The Business of Property podcast, co-hosts Simon and Stuart delve into the realities of managing property businesses.

Stuart reflects on the lessons learned throughout his property journey so far. The discussion provides valuable insights into the challenges and successes of running a property business, as shared by Stuart from his personal experience.

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Episode links:

Stuart's £35k/month HMO business.
The spreadsheet.
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Episode 226: Is a property business that loses money a good strategy?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 27 Mar 2024 05:00:00 +0000

In this episode of the Business of Property podcast, co-hosts Stuart and Simon engage in a lively debate about the meaning of a "real property business".

Simon presents a scenario where a property business makes a loss initially due to investment and maintenance costs but still generates income through rentals. Stuart stresses the importance of real-world profitability and is sceptical about a business that only shows a 5.1% return after four years. They explore the implications of accounting for profit and tax strategies, with differing views on when a property business should be considered genuinely profitable.

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Episode links:

The spreadsheet.
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Episode 225: Common property business problems

simon@thebusinessofproperty.com (The Business of Property) — Wed, 20 Mar 2024 05:00:00 +0000

Simon and Stuart engage in a detailed conversation about the complexities of managing a diverse property portfolio.

They discuss the unique challenges that come with different types of properties, such as buy-to-let, commercial spaces, serviced accommodation, and HMOs. They stress the importance of having a clear strategy and understanding what 'freedom' and 'legacy' mean to you, and within the realm of property investment. Stuart advises taking time to reflect on personal goals, while Simon talks about the option of outsourcing management tasks to streamline a portfolio. The episode is a deep dive into optimizing property management and aligning it with long-term goals.

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Episode links:

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Episode 224: The Budget's Impact on Property Businesses and Mortgages

simon@thebusinessofproperty.com (The Business of Property) — Wed, 13 Mar 2024 05:00:00 +0000

In this episode, Stuart, Simon, and resident mortgage broker Simon Glastonbury discuss the recent budget's impact on property businesses.

They cover the VAT threshold increase, the capital gains tax reduction for property sellers, and the decrease in the tax-free allowance. Stuart welcomes tax reductions, while Simon Glastonbury highlights how the lower allowance might negate tax rate benefits for some. They address the budget's effects on landlords and first-time buyers, expressing disappointment over the absence of 99% loan-to-value mortgages. They also debate the abolition of multiple dwellings relief and its implications for large investors. The episode offers a detailed analysis of the budget's influence on property investment and ownership.

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Episode links:

Special guest - mortgage broker Simon Glastonbury.
The budget.
Removal of Multiple Dwellings Relief.
Reduction in Capital Gains Tax.
Reducing CGT exempt allowance.
What the Furnished Holiday Let tax changes might mean.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Special Guest: Simon Glastonbury.

Episode 223: UK property market increases and decreases: Hometrack review

simon@thebusinessofproperty.com (The Business of Property) — Wed, 06 Mar 2024 05:00:00 +0000

Stuart and Simon delve into the UK house price index, discussing its meaning for the property market and examining regional price variations.

They note a slight national decrease in property prices but highlight significant regional disparities. Personal anecdotes from Simon and Stuart reveal a more complex market situation than the statistics suggest, with properties still attracting offers near or above the asking price. The conversation also covers the rental market, observing shifts in tenant behavior and the balance of demand and supply. The episode offers a nuanced look at the property market, contrasting data with real-world experiences.

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Episode links:

Hometrack index.
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Episode 222: Simon's increased BTL revenues came at significant cost!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 28 Feb 2024 05:00:00 +0000

Stuart and Simon explore the financial journey of Simon's property business.

They start with the 2016-2017 tax year, where Simon's three buy-to-let properties yielded £36,000 in revenue and £29,000 in pre-tax profit. The conversation then covers the challenges posed by Section 24, which affected mortgage interest tax relief, increasing costs and reducing profits. Despite this, Simon remains focused on the long-term advantages of property investment, such as capital gains and equity growth. Stuart acknowledges the hard work behind managing a property portfolio, and together they shed light on the complexities of property business finances.

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Episode links:

Simon's limited company property Episode 180
Simon's limited company property Episode 189
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Episode 221: How to lose an Agent and save £1,000s doing your own Tenant Find

simon@thebusinessofproperty.com (The Business of Property) — Wed, 21 Feb 2024 05:00:00 +0000

Stuart and Simon share strategies for landlords on finding and selecting tenants for rental properties.

They discuss the importance of preparing the property, taking quality photos, and writing effective listings. They explore options for advertising on rental portals and the benefits of self-managing the process versus using agents. The duo also talks about using automated emails to screen enquiries and the use of software to grade potential tenants. They share their approaches to scheduling viewings and the selection process, emphasizing the cost savings and relationship-building aspects of finding tenants independently.

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Episode links:

OpenRent
Visum
SavvyCal
Cal.com
Google Calendar appointment schedule
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Episode 220: A £35k per month HMO business, but how did Stuart get there??

simon@thebusinessofproperty.com (The Business of Property) — Wed, 14 Feb 2024 05:00:00 +0000

Simon and Stuart discuss the significant growth of Stuart's property business over four years, focusing on revenue and strategic shifts, particularly the move into the rent-to-rent market. Stuart shares his initial challenges and the evolution of his business from a £10,000 monthly revenue to a projected £35,000, emphasizing the importance of profitability, not just revenue. They reflect on the journey's lessons, the importance of sustainable growth, and the reality of running a property business.

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Episode links:

Take the score card to discover if you're ready to scale your property business.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 219: 3% mortgage rates, rising rates and fees increasing leverage - what's happening with mortgages??!!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 07 Feb 2024 05:00:00 +0000

In this episode of the Business of Property podcast, Stuart, Simon and Simon discuss the Bank of England's decision to maintain the base rate and the impact on the mortgage market. They highlight recent rate drops, plus the rise in some lenders' rates! Not to mention the significant fees associated with mortgages and their effect on LTV. The conversation also covers the quiet state of the market, with fewer people seeking mortgage products.

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Episode links:

Special guest - mortgage broker Simon Glastonbury.
Take the score card to discover if you're ready to scale your property business.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Special Guest: Simon Glastonbury.

Episode 218: What’s the best property strategy to scale?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 31 Jan 2024 05:00:00 +0000

In this episode, Simon and Stuart explore the importance of aligning property strategies with personal preferences and strengths when growing a property business. Stuart shares his experience with HMOs and the necessity of adaptability, while Simon reflects on his slow, steady approach to building a property portfolio. They conclude that the best strategy is... (you'll need to listen!).

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Episode links:

Episode with Luke.
Episode with Julia.
Take the score card to discover if you're ready to scale your property business.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 217: From 1 BTL to £6.4M GDV in 3 Years?!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 24 Jan 2024 05:00:00 +0000

In this episode Stuart and Simon interview Luke Blakemore. Luke shares his journey from starting with buy-to-let properties to engaging in larger development projects. He discusses the importance of using investors' money wisely, ensuring a minimum 20% return, and building a trustworthy team. Despite challenges like problematic builders and the COVID-19 lockdown, Luke and his partner have successfully grown their portfolio. The episode also covers Luke's current project involving a luxury barn conversion.

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Episode links:

Special guest Luke Blakemore.
Take the score card to discover if you're ready to scale your property business.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Special Guest: Luke Blakemore.

Episode 216: What to do before your fixed rate mortgage ends?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 17 Jan 2024 05:00:00 +0000

Stuart and Simon discuss strategies for managing mortgages, as fixed rates come to an end. They emphasize the importance of tracking end dates, exploring options with current lenders or other banks, and understanding the long-term effects of fees and interest rates on mortgages.

They advise against waiting for lower rates and suggest using tools to monitor mortgage details. They also highlight the flexibility borrowers have in locking in rates and the potential to switch offers as the remortgaging date nears.

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Episode links:

Comparing cash vs mortgage returns.
Take the score card to discover if you're ready to scale your property business.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 215: Is 2024 a good year to sell my property?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 10 Jan 2024 05:00:00 +0000

Stuart and Simon explore reasons for selling, such as releasing capital or divesting mismatched properties, and the financial implications, including tax considerations for personal versus company-owned properties.

They delve into challenges in property valuation, market unpredictability, and the importance of flexibility in decision-making. Consider your unique situations when deciding to sell, especially that putting a property on the market is a risk-free step.

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Episode links:

CGT rates.
CGT in businesses.
Take the score card to discover if you're ready to scale your property business.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 214: How to Start, Scale and Exit a Property or Lettings Agency with Julia Scoville

simon@thebusinessofproperty.com (The Business of Property) — Wed, 03 Jan 2024 05:00:00 +0000

Special guest Julia Scoville joins Simon and Stuart to talk about her approach to starting, scaling and selling her specialist HMO lettings agency.

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The property talk this week includes:

Why start an HMO letting agency?
Learn from the corporate world.
Managing HMO relationships.
Being a mum to tenants!
Packaging a business for a sale.
Life throws all sorts at you!
65% of packaged businesses don't sell.
6-8 months to sell a business.
Life after selling.
Take the score card to discover if you're ready to scale your property business.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Special Guest: Julia Scoville.

Episode 213: Did we predict 2023?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 27 Dec 2023 05:00:00 +0000

Stuart and Simon review their 2023 predictions on the Bank of England base rate, mortgage rates and house prices.

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The property talk this week includes:

Our 2023 predictions episode.
Base rate prediction vs reality
BTL rates according to Which.
Government support for mortgage holders.
Increase in mortgage arrears and repossessions.
House price changes:
- ONS
- Nationwide
- Halifax
Should we allow for inflation?
Take the score card to discover if you're ready to scale your property business.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 212: Using a limited company for property investment

simon@thebusinessofproperty.com (The Business of Property) — Wed, 20 Dec 2023 05:00:00 +0000

Simon and Stuart discuss the practicality of using a limited company for property investments - tax, mortgages, and capital investment.

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The property talk this week includes:

Simon's last investment.
Setting up a company is easy, direct on the government site.
Starling Bank.
Simon's new company experience.
Choose the correct SIC code if you want to get a mortgage.
Capital improvement vs maintenance.
Take the score card to discover if you're ready to scale your property business.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 211: Mortgage updates plus key criteria for limited company mortgages

simon@thebusinessofproperty.com (The Business of Property) — Wed, 13 Dec 2023 05:00:00 +0000

Simon Glastonbury joins us for an episode dedicated to limited company mortgages! We discuss requirements, current rates and some common myths.

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The property talk this week includes:

Special guest - mortgage broker Simon Glastonbury.
Past limited company episodes:
Limits on a limited company that wants a mortgage.
Income requirements for directors.
Differences for limited company mortgages - or are they?
Loan To Value (LTV)
Some example limited company mortgage rates, and fees!
The mortgage market is currently very quiet.
Limited company mortgage myths.
Take the score card to discover if you're ready to scale your property business.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Special Guest: Simon Glastonbury.

Episode 210: It's now a buyers market, but we're still selling properties??!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 06 Dec 2023 05:00:00 +0000

Stuart and Simon are discussing the latest HomeTrack House Price Index and trying to sell well, in a buyers market.

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The property talk this week includes:

Hometrack House Price Index.
Looking back over the year of property market changes.
House prices are down.
Property availability is up.
We're in a buyers market.
Why is Stuart still selling?
Take the score card to discover if you're ready to scale your property business.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 209: Property software found Simon a house!!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 29 Nov 2023 05:00:00 +0000

Simon and Stuart are talking about how software has enabled and enhanced their search for the best property deals.

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The property talk this week includes:

Finding an investment property with PaTMa.
Automate monitoring for fall-through properties.
Finding the motivated sellers.
Don't be a motivated seller!
Knowing what to rule out when looking for investment property.
There are some chunky price reductions out there.
Check your area in PaTMa's market insights.
Take the score card to discover if you're ready to scale your property business.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 208: Renters Reform Bill - are we worried?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 22 Nov 2023 05:00:00 +0000

Stuart and Simon are talking about how their tenancies have ended in the past and how that might change in the future.

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The property talk this week includes:

How do most tenancies end?
The rarity of Section 21.
Real reasons for evictions.
Section 21 validity flow chart.
Serving paperwork can often fix the problem.
Going to court.
Chasing debts, or not.
Take the questionnaire to discover if you're ready to scale your property business.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 207: Should you buy property in cash or mortgage? A real example.

simon@thebusinessofproperty.com (The Business of Property) — Wed, 15 Nov 2023 05:00:00 +0000

Simon and Stuart have all the numbers for a real-life 9 year buy-to-let investment that's just been sold. Listen in to find out how it performed and how it could have been even better!

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The property talk this week includes:

The property spreadsheet we discuss in this episode.
The full life of a buy-to-let investment.
Purchase, letting, and sale.
Cash vs mortgage for buy-to-let investment.
How mortgages can enhance scaling a property business.
Property numbers aren't boring!
Take the questionnaire to discover if you're ready to scale your property business.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 206: Remortgage to halve the payments!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 08 Nov 2023 05:00:00 +0000

With the BoE holding rates, Stuart and Simon are talking about mortgages again, including how Stuart has remortgaged to halve his payments on one property!

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The property talk this week includes:

Take the questionnaire to discover if you're ready to scale your property business.
Bank of England base rate decision.
The new normal.
Halving the costs by remortgaging!?
Previous chat about Stuart's flat.
Doubling the costs by remortgaging!
Considering mortgage fees eating equity.
Council tax in HMOs is now officially per-property not per-room.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 205: Are you ready to scale your property business?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 01 Nov 2023 05:00:00 +0000

Stuart and Simon discuss their new quiz to discover if you're ready to scale your property business. Plus Stuart's unusual approach to reducing costs in his business.

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The property talk this week includes:

Take the questionnaire to discover if you're ready to scale your property business.
Taking on an employee to improve profitability.
Using PaTMa to organise property records.
Delivering a better service to tenants.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 204: Mortgages rates update: £15k fees on buy to let??!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 25 Oct 2023 05:00:00 +0100

Simon Glastonbury joins us with all the latest mortgage news. We're talking about the quiet property market, crazy fees and of course all the latest interest rates.

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The property talk this week includes:

Special guest - mortgage broker Simon Glastonbury.
The next Bank of England base rate announcement.
Stabilising mortgage market.
The quiet property market.
Are first time buyers struggling to adjust to the current market?
Nothing indicating a property crash!
Renegotiating price on exchange.
Do due diligence on buyers in this market.
"The bargains will come".
Higher fees to fit the stress testing.
Current mortgage rate summary.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Special Guest: Simon Glastonbury.

Episode 203: What's happening in the property market right now?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 18 Oct 2023 05:00:00 +0100

Stuart and Simon talk through a selection of the latest data from PaTMa on the current state of the property market.

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The property talk this week includes:

The Business of Property on YouTube.
Charts and graphs.
Weekly property market insights from PaTMa.
Changes in late 2022!
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 202: When the R2R property plan fails...

simon@thebusinessofproperty.com (The Business of Property) — Wed, 11 Oct 2023 05:00:00 +0100

Simon and Stuart are catching up on Stuart's recent refurb project, and it didn't all go according to plan!

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The property talk this week includes:

Listen to episode 198 for the back story.
A very tight renovation deadline.
Painting, decorating, waste removal, deep clean, furniture, and new service connections!
... or not ...
Coping with trouble.
What could have been done differently.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 201: Why we hate the term Landlord and why it might hold you back

simon@thebusinessofproperty.com (The Business of Property) — Wed, 04 Oct 2023 05:00:00 +0100

Stuart and Simon talk about their dislike of the term "Landlord", but what else should we be called?

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The property talk this week includes:

Now with video!
Two views on disliking the term Landlord.
Is being a landlord holding you back?
What else could we be called?
Your external vs internal name.
The NRLA campaigns.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 200: Portfolio scale vs profit!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 27 Sep 2023 05:00:00 +0100

Simon and Stuart are chatting about property business profit at scale.

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The property talk this week includes:

What's your day-job salary "profit"?
Profit from a property business can be surprisingly low.
Should you minimise outgoings before starting a business?
The profit in a single property.
Scaling up your profit requirements.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 199: How do you value property, in an uncertain market?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 20 Sep 2023 05:00:00 +0100

Stuart and Simon talk through finding good comparables to help with property valuation, plus things to consider when adjusting the market value to the value for you.

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The property talk this week includes:

Land Registry alert service.
Property market data from PaTMa.
Land Registry updates can be slow!
Sold prices are not suitable as current comparables.
Looking for better comparable prices.
Going deeper when considering your property value.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 198: Rent-to-rent ready in 2 weeks?!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 13 Sep 2023 05:00:00 +0100

This week we're taking a deep dive into a very active project for Stuart - at the end of week 1, of only 2, for his latest rent-to-rent property.

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The property talk this week includes:

Short deadline.
The R2R deal background.
All the work needed.
The glamour of being a landlord.
We are always responsible.
Changing tenant profiles.
Enabling higher rents.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 197: Building a team for very remote investing, with Mike Stenhouse

simon@thebusinessofproperty.com (The Business of Property) — Wed, 06 Sep 2023 05:00:00 +0100

Special guest Mike Stenhouse joins Stuart and Simon to talk about building and adjusting his property team while travelling the world.

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The property talk this week includes:

Special guest Mike Stenhouse.
Sarah Beeny.
Choosing boat life.
Doing an identifiable job inside the business - until you can replace yourself.
Making very remote investing work.
Real life events to find investors.
Building a brand to help reassure investors.
Most of the Google results for Simon are not actually Simon!
Seth Godin.
Entrepreneurs on Fire podcast.
A baby on board!
Reshaping the team.
Standard Operating Procedures.
A £50,000 mistake!
Aiming for 500 homes.
The IPI future.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Special Guest: Mike Stenhouse.

Episode 196: "Is BTL profitable?" - Simon thinks it can be!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 30 Aug 2023 05:00:00 +0100

Simon and Stuart talk about a social media question that Simon recently tried to argue against - that BTL can no longer be profitable!

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The property talk this week includes:

How we pay ourselves from limited companies.
Have interest rates broken BTL.
Checking property deal investment levels on the PaTMa BTL calculator.
Remortgaging to create unprofitable BTLs.
Extending a leasehold.
Having the option to buy your freehold.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 195: Can we do "financial buffers" & what type of concrete?!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 23 Aug 2023 05:00:00 +0100

Stuart and Simon chat about having financial buffers in their property businesses, with only slight detours into boiler replacement costs and types of concrete!

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The property talk this week includes:

Previous episode thinking about expenses
The cost of a boiler!
Having a buffer.
When does a buffer become a waste?
What type of concrete?
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 194: Mortgage Updates: Rates, fall throughs, revaluations & crazy fees!!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 16 Aug 2023 05:00:00 +0100

Simon Glastonbury joins us with all the latest mortgage news. We're talking fall-throughs, down valuations, crazy fees and of course all the latest interest rates.

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The property talk this week includes:

Special guest - mortgage broker Simon Glastonbury.
Fall throughs are up.
Estate agents are worried.
Concern about the housing market - but not expecting a big crash.
Worrying about the jump when fixed rates expire.
Current mortgage interest rate round-up.
Crazy fees!
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Special Guest: Simon Glastonbury.

Episode 193: The 5 biggest risks you need to know before scaling

simon@thebusinessofproperty.com (The Business of Property) — Wed, 09 Aug 2023 05:00:00 +0100

Stuart and Simon are talking about the five biggest risks you need to consider before scaling up your property business - each bringing their own views with HMO and BTL portfolios.

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The property talk this week includes:

The 5 biggest risks to scaling a property business.
- Time
- Ongoing Costs
- Cash flow
- Momentum
- Financial Management
Stuart on the Inside Property Investing Podcast.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 192: 5 Keys to Property Scaling Success

simon@thebusinessofproperty.com (The Business of Property) — Wed, 02 Aug 2023 05:00:00 +0100

Simon and Stuart run through 5 keys to property scaling success.

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The property talk this week includes:

See last weeks episode with Sulis Properties.
Having a target area.
A realistic goal.
Breaking out a plan.
Building experience.
A clear strategy.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 191: Our guest is scaling rapidly but has 2 key challenges...

simon@thebusinessofproperty.com (The Business of Property) — Wed, 26 Jul 2023 05:00:00 +0100

Stuart and Simon are joined by special guest, Adam from Sulis Properties. In just three years Sulis Properties have built a portfolio of six buy-to-lets, completed two flips and joint ventured on an HMO. This week we talk through their journey and current scaling challenges.

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The property talk this week includes:

Find Sulis Properties on Instagram.
Doing a lot, building a BTL portfolio, in three years.
A plan to retire at 50, based on BTL.
Rebalancing the work / life routine.
Starting with about £100k.
Getting a boost from the early pandemic market.
Using lockdowns to be local, for an otherwise remote investment location.
It's harder to manage trades remotely, even with some trusted local support.
Considering gross yield and net yield.
A preference for return on capital employed (ROCE).
Trying different strategies and pivoting with new knowledge.
Considering flips in a (slightly) downward market.
Having a valuable offer for investors.
Finding investors.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Special Guest: Adam Watson.

Episode 190: Estate Agents: The Good, The Bad and The Indifferent

simon@thebusinessofproperty.com (The Business of Property) — Wed, 19 Jul 2023 05:00:00 +0100

Simon and Stuart are talking about recent, contrasting estate agent experiences!

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The property talk this week includes:

See episode 185 for Stuart's first reaction to his property listing.
Off the market after three weeks.
Using the PaTMa Browser Extension to see how long properties have been on the market.
Getting off to a good start with Move Revolution.
"We're taking on properties, and we're selling properties, not always as quickly as we'd like."
"For the last two years, I think we've all gotten a bit lazy."
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 189: How do we pay ourselves from our Ltd companies?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 12 Jul 2023 05:00:00 +0100

Stuart and Simon talk about extracting money from their property investment companies and the principles they use to do it efficiently.

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The property talk this week includes:

Extracting funds from a limited company.
Loan repayments.
Figures behind Simon's recent investment.
Section 24 rant!
Salary.
Dividends.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 188: Mortgage rates, swap rates and stress tests with our resident broker

simon@thebusinessofproperty.com (The Business of Property) — Wed, 05 Jul 2023 05:00:00 +0100

Simon Glastonbury joins us to talk over all the latest turbulence in the mortgage market. As always, listen to the end for our popular mortgage rate round-up.

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The property talk this week includes:

Special guest - mortgage broker Simon Glastonbury.
What effect has the latest Bank of England base rate change had?
Getting to know swap rates.
High demand for two year fixes.
The latest mortgage rates - residential, BTL, HMO, and Limited company.
Current example stress and rental cover rates.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Special Guest: Simon Glastonbury.

Episode 187: Does Buy To Let REALLY stack up in the New (interest rate) World?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 28 Jun 2023 05:00:00 +0100

Simon and Stuart are updating an old topic, comparing two years ago with the new ("slightly" higher interest rate) world - can buy-to-let still work to replace your salary?

Yes, we know, in not much more than a week between recording and publication, the interest rates we talk about are already out of date! The links below include an updated scenario.

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The property talk this week includes:

See episode 86 for our last look at replacing your salary with buy-to-let.
View the investment scenarios we discuss in this episode:
Could you replace your salary with BTL, with new interest rates?
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 186: Intentional investing - what "shape" is your portfolio?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 21 Jun 2023 05:00:00 +0100

Stuart and Simon talk about changing directions, having momentum and being intentional about the shape of your property portfolio.

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The property talk this week includes:

Struggling student lets thread.
Across 70+ rooms, I'm contacted every day.
Not everything is handled by the agent.
Considering relocating a portfolio.
Can't relocate a "power team".
A new strategy can be like starting from scratch.
Is property the right strategy play?
Pushing the happy green button.
Priority: business vs property.
Portfolio of 5 vs 23 (same value)!
Have you considered how your location will affect the "shape" of your property business?
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 185: Wading through fast food bags

simon@thebusinessofproperty.com (The Business of Property) — Wed, 14 Jun 2023 05:00:00 +0100

Simon and Stuart discuss whether Stuart will be taking one of his properties off the market after one day!

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The property talk this week includes:

"My goodness, that's awful".
Smashed window.
Wading through fast food bags.
Presenting student properties for sale.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 184: Interest rates: can they be predictable?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 07 Jun 2023 05:00:00 +0100

Stuart and Simon chat about the trials of turbulent mortgage interest rates!

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The property talk this week includes:

Mortgage broker Simon Glastonbury.
Mortgages are changing, again.
Mortgage stress rates and rental/interest cover requirements.
Rental cover for HMOs.
How long do we fix for?
What else can we fix?
Swimming up hill? Change things!
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 183: Reasons to persevere in property!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 31 May 2023 05:00:00 +0100

Simon and Stuart are sharing their top reasons to persevere with property investment with an impressive real-life leverage and inflation case study.

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The property talk this week includes:

Why persevere in property.
Leverage - the positives (only).
Inflation and leverage multiplier.
Increasing rents.
High demand.
Less competition.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 182: Mortgage rates and updates with our resident broker

simon@thebusinessofproperty.com (The Business of Property) — Wed, 24 May 2023 05:00:00 +0100

We're joined again by our mortgage expert to discuss the latest base rate increase and the latest updates in the mortgage market. Including our popular update on the latest available mortgage interest rates.

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The property talk this week includes:

Special guest - Mortgage broker Simon Glastonbury.
Bank of England base rate.
Base rate forecasts.
2 year vs 5 year rates.
Busier mortgage market, with one major exception!
Paying to keep a BTL property.
Skipton's 100% mortgage.
Stuck on SVR.
Current available mortgage rates - residential, BTL and HMO.
The trick of mortgage fees.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 181: Should you invest in student HMOs?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 17 May 2023 05:00:00 +0100

Simon and Stuart are discussing pros and cons of student HMOs, specifically Stuart's past and current experiences.

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The property talk this week includes:

Why did Stuart start with student lettings?
The good things about student lets.
Don't always listen to advice!
Paid three times a year.
Higher maintenance.
Competition!
PBSA (Purpose Built Student Accommodation).
Art on the walls.
Utility costs.
Changing tenancy regulations.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 180: Is Simon happy with his new property investment?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 10 May 2023 05:00:00 +0100

Stuart and Simon explore the real numbers before, during and after Simon's latest property investment.

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The property talk this week includes:

What was Simon looking for?
Thinking back to the property market last year.
Offers and purchase price.
Mortgage woes.
Making up with the rent.
See episode 12 for ROI and other definitions.
Forecast vs actual ROI and yield.
Capital gains illustration.
Is Simon happy with the investment?
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 179: The Three-Year Property Flip!!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 03 May 2023 05:00:00 +0100

Simon and Stuart discuss a particular property that Stuart has, accidentally, been working on for over three years.

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The property talk this week includes:

A different approach to "flipping".
Re-cap since episode 36.
Episode 39.
A special mention for InterBay.
The three year bridging loan!
The EWS1 has finally been issued!
Mortgage broker Simon Glastonbury.
Considering and comparing mortgage fees.
Whether BTL can actually make money.
Refinance or sell?
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 178: Have interest rates broken BTL?!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 26 Apr 2023 05:00:00 +0100

Stuart and Simon discuss whether buy-to-let investment is currently broken (or not).

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The property talk this week includes:

Is Simon's latest purchase broken (already)?
Personal name vs limited company.
BTL is broken!
Is BTL over-leveraged instead?
"If you're buying in cash, you're absolutely golden."
Maybe BTL can work in some places?
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 177: Avoiding voids and landlords selling up

simon@thebusinessofproperty.com (The Business of Property) — Wed, 19 Apr 2023 05:00:00 +0100

Simon and Stuart chat about Simon's recent experience (and process) renting a 2-bed house in the South East. Plus, what's the average rental void at the moment and why are so many landlords selling up?

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The property talk this week includes:

Simon bucks the rental void period average by over 150 days!
Simon confesses a planning oversight.
Never before seen demand for a rental property!
The process for the viewings Simon ran.
Stuart is seeing a softening of HMO demand in his area.
Tenant departures due to inappropriate sales.
Surprisingly large number of viewing tenants reporting their landlord is selling.
Simon suggests a, not very practical, property investment strategy.
Looking for tenanted property sales.
Why are so many landlords selling?
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 176: Property problems

simon@thebusinessofproperty.com (The Business of Property) — Wed, 12 Apr 2023 05:00:00 +0100

Stuart and Simon discuss the reality of running property businesses and the problems they face. From a slightly alarming market rent report to an even more alarming utility bill.

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The property talk this week includes:

New market rent report from PaTMa.
Simon's portfolio is a little behind the market.
Stuart's 50 + 60 > 100 challenge.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 175: Biggest price drop since 2009?!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 05 Apr 2023 05:00:00 +0100

Simon and Stuart discuss the recent news story about the biggest annual fall in house prices since 2009, is it the start of a crash? They also discuss the wider state of the property market, the impact of inflation on renters, and considerations for investors.

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The property talk this week includes:

Price drop story, with the graph we discuss, on the BBC.
Source data from Nationwide.
New listing prices are holding up.
People are still listing property at prices close to the peak last year.
Compound inflation adds up!
The next few weeks/months will be critical for the housing market.
Thinking about the tenants when choosing an investment.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 174: Affordability and tenant selection: 80% on rent?!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 29 Mar 2023 05:00:00 +0100

Stuart and Simon discuss the reality of running property businesses. Simon shares his experience of putting his property on the market and the response he's received from potential tenants. They discuss the affordability of rent, talk about the shortage of rental properties, and the drop in new rental property listings.

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The chat this week includes:

Simon's latest property on the rental market.
It's even almost ready!
Professional photos - perhaps with virtual tour.
Matterport.
OpenRent.
30+ applicants in 48 hours.
Spending 80% of income on rent?
Is the rental property shortage getting worse?
Tenant checks before viewing.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 173: The dreaded HMO licence inspection!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 22 Mar 2023 05:00:00 +0000

Stuart and Simon are reviewing the good, bad and entertaining feedback that Stuart recently received when renewing the HMO licence on one of his existing properties.

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The discussion this week includes:

The crimes of Henry Hoover.
The case of the shrinking bedroom.
Growing requirements.
Storing up mould.
Moving walls.
Shower heating.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 172: Are landlords getting away without Rent Repayment Orders?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 15 Mar 2023 05:00:00 +0000

Simon and Stuart are debating the impacts, benefits and risks from the recent supreme court judgement on RRO liability.

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The chat this week includes:

RRO judgement.
RRO articles.
Silicon Valley Bank collapse.
More SVB collapse details.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 171: Realities of Rent-to-Rent

simon@thebusinessofproperty.com (The Business of Property) — Wed, 08 Mar 2023 05:00:00 +0000

Stuart and Simon are talking about some of the realities of rent-to-rent, as Stuart is bringing new leased properties into his portfolio.

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The discussion this week includes:

Growing without buying.
Energy costs up by another 20%.
Being less capital intensive.
Why are landlords choosing to exit from (managing) their properties?
Stuart's current experience of onboarding rent-to-rent properties.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 170: Why would anyone buy property this year?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 01 Mar 2023 05:00:00 +0000

Simon and Stuart are asking the question "Why would anyone buy property this year?" based on the recent market forecast from Lloyds Bank and the latest PaTMa market data.

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The chat this week includes:

https://twitter.com/HousePriceMania/status/1628822096045305856
https://www.estateagenttoday.co.uk/breaking-news/2023/2/major-lender-warns-of-25-house-price-drop-in-downside-scenario
Why would anyone buy property this year?
"We could all be Chicken Little's"
Reviewing the latest property market data from PaTMa.
Investing for the long term.
Choosing a market with smaller oscillations.
Property sales take a long time (there is a long lag in property data).
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 169: Should you buy an HMO?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 22 Feb 2023 05:00:00 +0000

Stuart and Simon are talking about things to consider before making the jump to HMO investing (especially if coming from a BTL background).

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The discussion this week includes:

Thinking about HMOs instead of BTLs.
HMOs are more noisy.
Locations for HMOs.
Buy existing or convert.
To en-suite or not.
Licensing (and maybe planning).
Extra HMO compliance.
HMO running costs.
Cleaner spies!
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 168: Mortgages: latest rates & updates

simon@thebusinessofproperty.com (The Business of Property) — Wed, 15 Feb 2023 05:00:00 +0000

We're joined by our mortgage expert to discuss the gradually stabilising mortgage market. Including our popular quick-fire round with the latest available mortgage interest rates.

(This podcast is not advice, available rates vary by situation, always seek professional advice.)

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The chat this week includes:

Special guest - Mortgage broker Simon Glastonbury.
Have mortgage rates peaked?
What should you be doing about a pending rate expiry?
Are trackers still an attractive option?
How has stress testing changed and what does it mean for loan to values?
What's going on with 3% mortgage fees?
Quick fire current mortgage rates - home buyer, BTL and HMO.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Special Guest: Simon Glastonbury.

Episode 167: Limited company vs Section 24

simon@thebusinessofproperty.com (The Business of Property) — Wed, 08 Feb 2023 05:00:00 +0000

Simon and Stuart are extending their conversation from last week around the financial effects on buy-to-let owners of changing mortgage interest rates - this time taking a look from a limited company point of view.

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The discussion this week includes:

Bank of England base rate goes up.
Good news on mortgage interest rates.
Our effects of Section 24 and mortgage rates episode from last week.
Imagining our re-mortgage scenarios from last week, in a limited company.
Comparing personal name property tax to limited company tax.
...including dividend tax when extracting profits from a limited company.
Limited company tax spreadsheet: https://docs.google.com/spreadsheets/d/1UFtjeOAtpgqAZlaPyevfysVM600eJsSmc76UBUIgOkc/edit?usp=sharing
Falling HMO numbers: https://www.lettingagenttoday.co.uk/breaking-news/2023/2/hmo-numbers-falling-despite-need-for-more-rental-properties
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 166: 101% tax - Section 24 in action

simon@thebusinessofproperty.com (The Business of Property) — Wed, 01 Feb 2023 05:00:00 +0000

Stuart and Simon are using the very real situation one of their BTL properties is in - to illustrate the dangers of rising mortgage interest rates combining with Section 24 tax.

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The chat this week includes:

The very real impact of higher mortgage rates and Section 24 combining...
- Simon's figures: https://docs.google.com/spreadsheets/d/1-Hd6Ooom9jfIVUEtacsgxSQ9PSDwT5fGOBAaQXcYBME/edit?usp=sharing
- Over 50% tax rate
- 101% tax rate!
Stuart's "interesting" commercial property financing.
Driving landlords out of the (BTL) market.
Will things shift enough to really help many new buyers?
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 165: Stuart confronts Simon's 2023 predictions

simon@thebusinessofproperty.com (The Business of Property) — Wed, 25 Jan 2023 05:00:00 +0000

Simon thinks it might be "fun" to make some property predictions for 2023 - listen in and get in touch to let us know if you agree!

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The discussion this week includes:

Do not base your financial future on our "for fun" predictions!
No prediction spoilers - you'll have to listen for our thoughts on:
- Bank of England base rate.
- Mortgage rates.
- Property prices.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 164: Prices down & long time listings!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 18 Jan 2023 05:00:00 +0000

This week is all about how the property market is starting 2023, Simon and Stuart talk about prices, time to sell, mortgages and more.

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The chat this week includes:

Highest boxing day listings!
How house prices have started the new year.
80 days to sell.
A buyers/investors market.
...or is it - mortgages!
Considering areas.
Property sourcers/sourcing.
BMV in a falling market.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 163: Is your property running as a business?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 11 Jan 2023 05:00:00 +0000

Stuart and Simon are talking about some of the key finances in all property businesses - rents and agent fees. Plus still thinking about cash flow and how other major expenses breakdown.

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The discussion this week includes:

Do you have a forecast profit figure for the year ahead?
EBITDA.
Finding the current market rent (with PaTMa).
Letting agent fees.
Cash flow forecasting.
Headline breakdown of Stuart's property business expenses.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 162: Surviving property investment in 2023

simon@thebusinessofproperty.com (The Business of Property) — Wed, 04 Jan 2023 05:00:00 +0000

Starting 2023, Simon and Stuart are thinking about how to be prepared for some of the potential headwinds facing landlords.

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The chat this week includes:

Welcome to 2023!
Cash flow.
Mortgage finance costs.
Track your fixed rate mortgage dates - use a calendar, spreadsheet, or PaTMa.
Talk to a mortgage broker early.
Energy costs.
Solar panels on rented property.
Smart meters.
Going beyond EPC.
Considering pre-EPC assessments.
Tax.
Changes to Making Tax Digital (MTD).
Section 24 tax - try the PaTMa quick calculator.
Speak to your/an accountant.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 161: Our Words of the Year 2022

simon@thebusinessofproperty.com (The Business of Property) — Wed, 28 Dec 2022 05:00:00 +0000

To review the eventful year of 2022, Stuart and Simon each choose a word to encapsulate their property journey!

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The discussion this week includes:

Our words of 2022.
What went well in 2022.
Biggest learnings from 2022.
Considering our words for 2023.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 160: Managing our property refurbishments and 'building' relationships

simon@thebusinessofproperty.com (The Business of Property) — Wed, 21 Dec 2022 05:00:00 +0000

Simon and Stuart both have refurbishment projects in progress at the moment and are chatting about how they're getting them started.

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The chat this week includes:

Two refurbishment projects.
Builder planning months in advance.
Vs slightly later planning!
The story so far on Simon's refurb.
Planning refurbs in spreadsheets.
Building relationships with builders.
Defining "good" - with your own language.
The quality of toilet seats.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 159: Should we be concerned about rents dropping and are we dropping our prices?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 14 Dec 2022 05:00:00 +0000

Stuart and Simon are chatting about movements in the rental market, and managing the process of changing rents for existing tenancies.

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The discussion this week includes:

"The press" are always a bit behind what's actually happening in the rental market.
Rents are currently a bit down - rental data from PaTMa.
January will be a better measure.
Increasing rent to help tenants stay adjusted!
Inclusive energy caps.
From rent forgiveness to rent increases for survival, in just two years.
Practical issues with rent caps in shared houses.
Hoping tenants will take responsibility.
Inspire heating controls.
Increasing rents across an entire HMO portfolio.
"Some may argue with their feet."
Simon's planned increases.
The process of increasing a BTL rent.
The opposite of evil landlords!
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 158: Property vs Crypto vs Shares - update on our other investments

simon@thebusinessofproperty.com (The Business of Property) — Wed, 07 Dec 2022 05:00:00 +0000

Simon and Stuart are talking about their real life investment returns - comparing across crypto, stocks and shares, and of course property.

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The chat this week includes:

Comparing returns across asset classes in our investment portfolios.
Crypto investments.
Stocks and shares.
Property capital gains.
Remember rental income too.
Inflation is making prices the new normal.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 157: Reviewing Simon’s potential property investments

simon@thebusinessofproperty.com (The Business of Property) — Wed, 30 Nov 2022 05:00:00 +0000

Stuart and Simon chat about two identical, but differently priced, properties that Simon has been looking at as potential buy to let investments.

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The discussion this week includes:

Property twins!
350k property.
400k property.
The market is a bit confused at the moment.
Rightmove price history with PaTMa.
A big brick wall.
Comparing the required investment and ROI (thanks to PaTMa calculations).
Knocking 100k off your buying criteria.
Pausing more than adjusting.
Reducing portfolio leverage.
January will be interesting - will the normal seasonal uplift happen?
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 156: Living intentionally: changing our actions to meet goals

simon@thebusinessofproperty.com (The Business of Property) — Wed, 23 Nov 2022 05:00:00 +0000

Simon and Stuart are talking about some of the actions they choose to take to live intentionally and make personal improvements.

The chat this week includes:

Looking at organising our time.
Simon's a night owl.
Stuart's a morning lark.
Making the most of our mornings.
Choosing to fit things in.
Working around children.
Avoiding duplicate actions to streamline our days.
The challenge of getting up.
The One Thing.
Creating a habit (in 66 days).
Alarm clock to force you up.
Habits are real.
Habit stacking.
How do you structure your days/time?
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 155: Time to start negotiating on your next property purchase!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 16 Nov 2022 05:00:00 +0000

Stuart and Simon are chatting about the rapidly changing property market. They speculate a little on what the future may hold and how you can approach it.

The discussion this week includes:

A more rapidly changing market?
Auction reductions email.
Is the current "price vs interest rate" situation an historic anomoly?
Savings account vs property investment.
Making offers slowly.
Auction guide (and hence reserve) prices being reduced en masse.
Drastically reduced sale rates for some auctions.
EIG newsletter.
50% of UK mortgages on a higher rate by the end of 2023.
Will there be a mortgage apocalypse?
Property investments might look a bit different at the moment, but they can still work.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 154: Tanning salons, smelly houses & a 27 bed property - investment update time!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 09 Nov 2022 05:00:00 +0000

Simon and Stuart are talking about their latest investments and potential investments. Including some things not going as planned and deciding against buildings with potential.

The chat this week includes:

Our property business updates!
Unused space above a tanning studio.
- Our previous intro to this property.
Considering access.
Completing on a smelly house.
Subscribe to our email newsletter for photos (soon).
Sellers don't always clean on the way out.
Fun surprises (really) looking around after completion.
Broken windows.
Property information forms.
Investigating a 27-bed property.
Increasing (student) rent with lower room rates!
Looking at funding for larger projects.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Please leave us a rating and review if you're enjoying the show.

Episode 153: Property asking prices are reducing, time to invest?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 02 Nov 2022 05:00:00 +0000

Stuart and Simon have a discussion around where the property market is at the moment - use the latest market data from PaTMa.

The discussion this week includes:

Subscribe to our email newsletter.
Weekly property market data from PaTMa.
The changing number of asking price reductions (now the highest in two years).
Initial listing prices (mostly) holding steady.
1-bed price changes over two years - flats vs houses.
Fall-through spike just after the mini-budget.
Simon's purchase has completed.
Price/value changes between offer and completion.
A good positive sign from a buying perspective.
Getting excited about new property listings!
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 152: Tracker vs fixed, 20 year property investment analysis

simon@thebusinessofproperty.com (The Business of Property) — Wed, 26 Oct 2022 05:00:00 +0100

Simon and Stuart are talking about the new (much higher) mortgage stress test rates and their real world effect. Plus a real-world analysis of a tracker vs fixed mortgage rates over the last 20 years.

The chat this week includes:

Last weeks episode on mortgage rates.
Try out the new stress rates using the PaTMa buy-to-let profit calculator.
Don't miss fixed rate mortgage expiry dates with Property Manager.
The scary new stress test rates - and how they look in practice.
- Stuart's studio flat now (including below market rent).
- If purchasing without a mortgage (and with market rent).
GetGround research.
Cash buying for higher ROI.
Comparing the cost of a (real) tracker mortgage vs fixed rate mortgage(s) over the last 20 years.
Bank of England base rate history.
Historic fixed mortgage rates from Statista.
Recent fixed mortgage rate data from the Bank of England.
Simon's tracker vs fixed analysis spreadsheet.
Saving £56,000 over 20 years!
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

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Episode 151: Mortgage rates for property investing right now

simon@thebusinessofproperty.com (The Business of Property) — Wed, 19 Oct 2022 05:00:00 +0100

We're delighted to be joined by our mortgage expert to discuss the rapidly changing mortgage market of the last few weeks. Including updated stress test rates and the latest available mortgage interest rates.

The discussion this week includes:

Special guest - Mortgage broker Simon Glastonbury.
Recent mortgage market adventures.
Changes in mortgage products.
Changes in mortgage fees.
Reduced number of mortgage products.
Updated mortgage stress test rates.
Knock on effects to property prices.
Currently available mortgage rates.
Mortgage interest rates 20 years ago.
Re-mortgage stress tests.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Special Guest: Simon Glastonbury.

Episode 150: Dealing with Nil Valuations in property investing

simon@thebusinessofproperty.com (The Business of Property) — Wed, 12 Oct 2022 05:00:00 +0100

What can you do when your mortgage valuation comes back as "nil"? Stuart and Simon are talking about that exact situation and how Stuart is handling it. Plus more updates from Stuart's property business, including missing stairs and a fireman's pole!

The chat this week includes:

Valuations.
Mortgage application.
Simon's purchase.
Nil valuation saga.
Lenders just don't want to lend?
Cash buying for a discount.
Considering commercial.
No stairs!
Fireman poles and spiral slides!
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 149: Disappearing mortgages and price reductions!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 05 Oct 2022 05:00:00 +0100

Simon and Stuart are talking about their experiences and evidence of the (rapidly) changing property market.

The discussion this week includes:

Die Hard.
Nothing to talk about!
The great mortgage disappearance.
Changes to buying decisions.
Changes to our buying outlook.
What is Return on Investment (ROI).
Mortgage interest set to triple.
Stats from the property market:
- Example property market price reduction graph from PaTMa.
- 70% more property reductions in September 2022 vs September 2021.
- Around 3,000 properties being reduced per day (end of September 2022).
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 148: What we're thinking before our next investment

simon@thebusinessofproperty.com (The Business of Property) — Wed, 28 Sep 2022 05:00:00 +0100

Stuart and Simon are chatting about the rapidly changing world of property regulation, and other circumstances, before their next investment purchases.

The chat this week includes:

Approaching the changing property investment world.
EPC considerations and opportunities.
Thinking about the future of parking needs (EV charging).
Choosing property because you like it.
Roof directions!
Waiting for (EPC) deadlines.
Hometrack report.
Rent freezes (in Scotland).
Doubling down on the numbers.
Interesting (fantasy) properties with potential.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 147: Mortgage market update September 2022

simon@thebusinessofproperty.com (The Business of Property) — Wed, 21 Sep 2022 05:00:00 +0100

Simon and Stuart are talking mortgages and current rates with our resident broker!

(This podcast is not advice, available rates vary by situation, always seek professional advice.)

The discussion this week includes:

Special guest - Mortgage broker Simon Glastonbury.
The mortgage rate landscape.
Lender service levels.
Online systems.
Rates vs service.
Tracker vs fixed mortgage rates.
Live(!) tracker rate look-up.
Quick fire mortgage rates.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Special Guest: Simon Glastonbury.

Episode 146: Property cash flow issues

simon@thebusinessofproperty.com (The Business of Property) — Wed, 14 Sep 2022 05:00:00 +0100

Stuart and Simon are chatting about cash flow issues - where they've come from and what might happen next.

Please note - this episode was recorded before the government announced the utility price cap!

The chat this week includes:

Cash flow!
Utility costs...
...and student lets.
...and splitting costs between tenants.
...individual room metering.
(Re)mortgage issues and SVR.
Simon Glastonbury mortgage broker episode.
Get your re-mortgage applications started early!
Utility costs affecting project planning.
Increasing HMO room rates?
HMO properties being emptied and sold.
Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 145: Our updates - mortgages, mortgages, mortgages

simon@thebusinessofproperty.com (The Business of Property) — Wed, 07 Sep 2022 05:00:00 +0100

Having snuck away for breaks, Simon and Stuart are back and catching up on what's been happening in their property businesses.

The discussion this week includes:

Remortgaging.
EPCs.
Valuations.
Mortgage companies trying to increase rents.
Timing.
Rapidly changing mortgage options.
Books (Amazon affiliate links):
The Business of Property on YouTube.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 144: Plan the work, work the plan!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 31 Aug 2022 05:00:00 +0100

This week Stuart and Simon are talking about making plans, from goals, then executing on those plans and what is actually involved.

The chat this week includes:

Get rich quick, prepare to be bored!
Following on from why.
Defining your goals carefully.
"Clarity is key".
How.
Consider what's possible when setting goals.
Talk to other people in property.
"A wonderful tool like PaTMa" to give really good insight into average rental rates.
Property wont make you rich in 6-12 months.
Our "replacing your salary" series, complete with time considerations:
- Replacing your salary with rent-to-rent
- Replacing your salary with an HMO portfolio
- Replacing your salary with a buy to let portfolio
- Replacing your salary with serviced accommodation
Sorry about the school holiday background noises!
Making a plan.
Identifying where you are.
Using a plan to stay focused.
"Inch wide, mile deep".
You can't create relationships overnight.
It takes time to make progress, have a plan to make progress in the right direction.
"We're not all destined to build hotels on Mars".
Create a plan, work your plan, and create a life you want.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 143: WHY are any of us investing in property?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 24 Aug 2022 05:00:00 +0100

Simon and Stuart are chatting about whys, goals, plans, pensions, and budgets!

The discussion this week includes:

Our goals when we started in property.
Property income as an income to live off.
Plan better than we did!
Thinking out to a pension.
Consider cutting back to make goals easier.
What does/would your "good life" look like?
We previously talked about pension pot sizes.
Choosing not to save in a traditional pension plan.
Stuart's financial freedom steps:
- Financial security.
- Financial independence.
- Financial freedom.
Five "why"s.
Working from base, personal, goals.
Taking the time to minimise personal outgoings.
You Need a Budget - online tool and book.
Maintaining a regular household budget.
Introducing children to a household budget.
You can find us on on YouTube.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 142: Reality of the buying process

simon@thebusinessofproperty.com (The Business of Property) — Wed, 17 Aug 2022 05:00:00 +0100

This week Stuart and Simon are talking through the purchase process - what are the steps and what do you need to do to be prepared and make it through the process smoothly.

The chat this week includes:

The process and paperwork when buying a property.
Offer accepted!
Anti Money Laundering (AML) checks - with agent and perhaps others.
Proof of funds.
(Maybe) company bank account - ID and proof of funds (again).
Engage solicitor - check prices.
Sales memorandum, shared with all parties including solicitors.
Get a mortgage (offer).
(Maybe) Pay admin fee, valuation fee, and others for your mortgage.
Property schedule - a spreadsheet of your current portfolio.
Wait for / help valuation to take place.
Business plan.
HMO licence and planning approval.
Last 2-3 tax returns - or at least calculations.
Evidence of recent rent receipts.
Start/request the searches - a fee to your solicitor.
Fixtures and fittings report.
Title plan and deed (with any covenants).
All the search results, queries and answers.
Draft sales contract.
Sign the contract.
Move money (deposit).
Arrange buildings insurance (starting from exchange).
Exchange!
Move more money including mortgage money.
Complete!
Collect the keys.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 141: It's the numbers IN the properties!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 10 Aug 2022 05:00:00 +0100

Simon and Stuart chat about the true meaning and value of an often quoted property metric.

The discussion this week includes:

The number of properties.
Poor Ben.
Regional price variation.
Judging business complexity.
Counting bedrooms in single lets.
Differing rental markets by bedrooms.
Using Companies House for research.
A better vanity metric for parties?
You can find us on on YouTube.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 140: Buying property in a limited company

simon@thebusinessofproperty.com (The Business of Property) — Wed, 03 Aug 2022 05:00:00 +0100

Stuart and Simon are talking about Simon's decision to buy his next property in a limited company, along with getting that process started and what else he can expect.

The chat this week includes:

Our previous chat about buying limited or not.
Why Simon has chosen the limited company route.
More talk about Section 24.
Section 24 is very dangerous if interest rates hit 6%+.
Producing a property portfolio schedule spreadsheet easily with PaTMa.
Considering share structure for your limited company.
Antiquated mortgage requirements.
Setting up a Starling business bank account.
Bank and mortgage paperwork!
Business plans.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 139: Keys undertaking and heat in the North West

simon@thebusinessofproperty.com (The Business of Property) — Wed, 27 Jul 2022 05:00:00 +0100

Simon and Stuart are chatting about Stuart's experience hunting for HMO investments in the North West, plus buying with a keys undertaking agreement.

The discussion this week includes:

Keys undertaking.
What is structural?
"Why would anyone let you do things in their house before you've completed?"
Considering less common finance options.
Challenges investing in Manchester.
Manchester HMOs (and restrictions).
Stuart helping with property research, analysis, viewing, and planning.
Examples of 25% annual value increase on Manchester properties.
Don't be a motivated buyer!
PaTMa property market updates are showing the market is slowing a little.
Article 4 - our previous discussion.
PaTMa provides licensing and article 4 data across England.
Adapting to new prices.
Considering a planning consultant.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 138: Maximise income, minimise expense - top tips

simon@thebusinessofproperty.com (The Business of Property) — Wed, 20 Jul 2022 05:00:00 +0100

Stuart and Simon have been reviewing their property business income and expenses. Listen this week for tips on what to consider and improve to maximise your property profit.

The chat this week includes:

Reviewing our property businesses.
Income > expenses!
Occupancy.
Market rent.
Using PaTMa for reminders.
Expenses.
Refurbishment.
Maintenance.
Fixing expenses for consistency.
Mortgage products and fixed rates - PaTMa can remind you.
PaTMa lets you investigate re-mortgage scenario's on your portfolio, and see CGT (Capital Gains Tax) effects.
Using fair-use clauses in tenancies to help mitigate utility bills.
Don't heat empty houses with Time:o:stat.
Insurance.
Car insurance aside - pleasantly surprised by Quote Me Happy renewal.
Follow up from Stuart's car parts.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 137: Should you worry about the rental reforms?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 13 Jul 2022 05:00:00 +0100

This week Simon and Stuart chat about Section 24 tax and some of the proposed changes in the recent rental reform white paper.

The discussion this week includes:

Last weeks episode.
Simon has made a decision on how to buy.
June's rental reform white paper.
Section 24 is in full force and will really start to bite with increasing interest rates.
Test the impact of increasing interest rates with PaTMa's buy-to-let profit calculator.
Mortgage lenders a relaxing their stress testing (but not for BTL).
Loosing Section 21.
Strengthening Section 8.
How are student lets affected by removing Section 21.
What about students with no fixed/minimum term?
You can now find us on on YouTube.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 136: Property pension in tatters?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 06 Jul 2022 05:00:00 +0100

After a slightly different start this week, Stuart and Simon dig into some numbers to discuss the use of property as a pension, and the effect of Section 24.

The chat this week includes:

A sad story from Ben.
Does/would anyone feel sorry for landlords?
What Ben's portfolio might look like.
How much pension do you need to retire?.
What's an average UK pension pot.
A quick pension income calculator.
Working out some rough numbers - we know they aren't very accurate!
Section 24.
What is retirement, if you own property?
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 135: To buy or not to buy (in a limited company)

simon@thebusinessofproperty.com (The Business of Property) — Wed, 29 Jun 2022 05:00:00 +0100

Simon and Stuart are chatting about the age old question of limited company vs personal name for buying investment property. Complete with some very real (but do work your own out) estimates from Simon.

The discussion this week includes:

Research from Get Ground.
50% of investment properties were bought with a limited company.
76% considered buying in a limited company would help with inflation. Really!?
Personal name vs limited company.
Xero.
Using PaTMa Property Manager, with open banking for streamlined bookkeeping.
Extra costs of borrowing in a limited company, including mortgage interest rates.
Simon's personal name vs limited company - after tax profit figures.
What are your views on personal name vs limited company buying?
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 134: An expert’s view on mortgages right now

simon@thebusinessofproperty.com (The Business of Property) — Wed, 22 Jun 2022 05:00:00 +0100

Stuart and Simon are joined by mortgage expert Simon Glastonbury to share first hand experience of the current mortgage market. Covering challenges, new trends, interest rate forecasts and some quick-fire current interest rates.

The chat this week includes:

Special guest - Mortgage broker Simon Glastonbury.
Bank of England base rate has increased again.
Mortgage companies pulling products at short notice.
Service levels in the industry.
Check access and reponse times when considering providers.
Remortgage volume is very high.
Why can't mortgage applications be more automated?
Bridging finance is booming.
Do BBL and CBILS still affect mortgage options.
What might the base rate increase to?
Current interest rates quick-fire!
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Special Guest: Simon Glastonbury.

Episode 133: Making offers in this tough buying market

simon@thebusinessofproperty.com (The Business of Property) — Wed, 15 Jun 2022 05:00:00 +0100

There are many reasons that buying in a "hot" property market can be difficult. Stuart and Simon explore some they've been thinking about and overcoming.

The discussion this week includes:

Direct to Vendor deal is a GO.
Paper work needed to arrange early access during a purchase.
Competing with home buyers.
Prices feel big.
Preparing detailed financial forecasts with Property Prospector.
Being confident in your calculations to move forwards.
Mitigating uncertainty about hitting a market peak.
Seeing market trends early with PaTMa's weekly property market stats email.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 132: How can we reduce energy use to navigate rising costs?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 08 Jun 2022 05:00:00 +0100

Join Stuart, Simon and special guest Emma as they talk about retro-fitting property for better energy efficiency and comfort. Make sure you catch Emma's dancing trio!

The chat this week includes:

Bills inclusive rent (eg for HMOs) is a concern.
Heating controlls (eg Time:o:stat).
Insulating well can remove the need to worry about heating management.
Start simple! 34% of homes with lofts are not insulated!.
Old insulation might need replacing (or increasing).
Always check the loft!
How to insulate suspended wooden floors (eg in a Victorian terrace).
"String" to insulate between floorboards - DraughtEx.
Emma's dancing trio - insulation, draught proofing, and ventilation.
Heat exchange ventilation (for a Victorian terrace).
Insulating a concrete floor.
Limitations of EPCs when retrofitting.
Dew points.
What is a lambda value for insulation.
Issues with builder education - issues with a standard practice of battening off to create voids.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Special Guest: Emma Winfield.

Episode 131: Creating a Direct to Vendor (D2V) house purchase

simon@thebusinessofproperty.com (The Business of Property) — Wed, 01 Jun 2022 05:00:00 +0100

Simon and Stuart chat about how Stuart has found a direct to vendor purchasing opportunity, and what he's planning to do with it.

The discussion this week includes:

Electrician tales.
Rental properties must have an EICR.
Direct to vendor purchasing.
Direct marketing to landlords.
Is a landlord a business and hence more open to contact (under data protection rules) than a consumer?
Negotiating the deal.
Keys undertaking - early access to start work.
Council tax!
Ensuites and a high standard refurbishment.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 130: What's happening with mortgages?! Plus we talk HMRC, MTD and EPC.

simon@thebusinessofproperty.com (The Business of Property) — Wed, 25 May 2022 05:00:00 +0100

Stuart and Simon are chatting about a few landlord favourites this week - tax, mortgages and EPCs!

The chat this week includes:

Making Tax Digital (MTD) pilot.
Making Tax Digital will make life easier in the long wrong, but change can be difficult.
Mortgage issues threatening to collapse chains.
Last minute mortgage withdrawal stories.
Bank restrictions due to building/area exposure limits.
Landlord EPC course from Sue Bryer.
Key discoveries from a day talking about EPCs!
To improve your EPC: insulate, improve the heating system, install PV (or similar).
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 129: Strike v Purple Bricks: The viewing experience

simon@thebusinessofproperty.com (The Business of Property) — Wed, 18 May 2022 05:00:00 +0100

Simon has been out viewing houses - this week he's chatting to Stuart about the viewing process with Strike and Purple Bricks. Plus his verdict on the two properties themselves (as potential buy-to-let investments).

The discussion this week includes:

Strike.
Purple Bricks.
Viewings with "online" agents.
We previously talked about the experience of arranging viewings with Strike and Purple Bricks.
Visum.
Property 1.
Property 2.
PaTMa's property research tools.
The numbers just don't work!
The numbers do work, but think about the risk!
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 128: Why has Stuart pulled out of a 2 year sale??!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 11 May 2022 05:00:00 +0100

Property doesn't always go smoothly and this week Stuart and Simon are chatting about a long running sale attempt, taking drastic measures and refocusing.

The chat this week includes:

Pulling out of a sale.
Reasons behind the sale.
Back to rental.
Visum.
First come first served in such a hot rental market.
Bills-inclusive at the moment?
Being open with prospective tenants.
The future is uncertain.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 127: How are agents currently performing?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 04 May 2022 05:00:00 +0100

The good, the bad and the ugly of recent estate agent experiences! Simon and Stuart chat about a few of their recent interactions with estate agents as they try to buy properties.

The discussion this week includes:

Estate agent experiences from a buyer perspective:
- Strike
- Purple Bricks
- Local agents
Comparing with commercial agents.
Market conditions for letting agents.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 126: Do we care about the 18 year property cycle?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 27 Apr 2022 05:00:00 +0100

Stuart and Simon are taking on the 18-year property cycle! Does it matter and how should/is it affecting their investment plans.

The chat this week includes:

Car parts (bear with us)!
The need to take charge of situations.
Fred Harrison (Not Frank, sorry Stuart mis-spoke).
The 18-year property cycle.
Property Hub recently talked about the 18-year cycle.
How we view the 18-year property cycle.
Property is (mostly) long-term.
Digging into the rise of property prices over time.
We can't predict the future.
Do even need to predict the future?
How the 18-year property cycle is affecting our investment plans.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 125: The 30% ROI fraudsters and rent-to-rent reality

simon@thebusinessofproperty.com (The Business of Property) — Wed, 20 Apr 2022 05:00:00 +0100

Simon and Stuart are talking about fraud and rent-to-rent this week - two things that some people have linked but are actually very distinct.

The discussion this week includes:

Should fraudsters be considered business people?
More details on some of the fraud we're discussing can be found here and here.
30% interest rates.
Large amounts of money.
Do due diligence!
Paying rent late (and hampers).
Guaranteed rent from traditional agents.
Taking responsibility with rent-to-rent.
Business should be about solving problems.
"I've got some hope"
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 124: Attending an online auction

simon@thebusinessofproperty.com (The Business of Property) — Wed, 13 Apr 2022 05:00:00 +0100

Stuart has been exploring online auctions as a way to purchase his next deal. This week he chats with Simon about his most recent experience, and the properties that took him there.

The chat this week includes:

Interesting auction properties.
Viewing with care!
A wonky house and another.
An online auction experience.
Pre-auction registration by Essential Information Group.
We chatted with David from EIG.
Auction spying!
Overall auction thoughts.
Do you have any (online) auction questions?
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 123: Long term property returns

simon@thebusinessofproperty.com (The Business of Property) — Wed, 06 Apr 2022 05:00:00 +0100

This week is all about measuring your property returns. Stuart and Simon are chatting about the metrics they use, with a focus on ROE and ROCE.

The discussion this week includes:

Return on Equity (ROE) is now shown in Property Manager.
Some property terms defined in episode 12.
Simon had trouble with rent.
How to calculate ROE.
Return on Investment (ROI).
How to calculate ROCE.
Estimating a property value.
Rightmove sold prices.
Mouseprice.
What do you think of the Zoopla changes?
Backward steps at Google StreetView.
Should you count rental profit as a return of capital?
Should "returns" include value increases? (The property podcast suggest so).
What calculations do you use to evaulate your property business returns?
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 122: Property headaches

simon@thebusinessofproperty.com (The Business of Property) — Wed, 30 Mar 2022 05:00:00 +0100

Simon and Stuart are talking about their recent property headaches - maintenance and mortgages are the main focus of their ranting!

The chat this week includes:

Boiler trouble.
Plumber trouble.
Parts trouble.
Alpha do fixed price boiler repairs.
It's worth having backups!
Further borrowing with a hurdle or two.
HMO planning permission in an Article 4 area.
PaTMa provides licensing and article 4 data across England.
Certificate of lawfulness for a pre-existing structure.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 121: Stories of an Expat

simon@thebusinessofproperty.com (The Business of Property) — Wed, 23 Mar 2022 05:00:00 +0000

The Expat Property Guy joins Stuart and Simon for a chat about buying in Hong Kong as well as buying remotely back in the UK. Make sure you listen for the crazy raffles!

The discussion this week includes:

Expat Property Story.
(Problems with) financial advisors!
Buying in Hong Kong.
The shape/size of a Hong Kong development.
Off-plan capital growth in Hong Kong.
£100k in 3 years.
Property sourcer failures.
Buying new build, off-plan, remotely; or not!
Property raffles.
Expat buying mentality.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Special Guest: Expat Property Guy.

Episode 120: Our updates - freeholds, rents and debt recovery

simon@thebusinessofproperty.com (The Business of Property) — Wed, 16 Mar 2022 05:00:00 +0000

This week Simon and Stuart are running through some updates in their property businesses. Thinking about a share of freehold, rent increases, issuing notices and debt recovery.

The chat this week includes:

Offered a share of freehold (as a leaseholder).
How is a freehold price split between leaseholders? Let Stuart know on Twitter.
Risks from a share of freehold.
Selling, hopefully!
Increasing rents.
Tenant debt and difficulty communicating.
Serving a Section 8 notice.
Recovering old debts.
Using a debt collection agency.
Should landlords be keepers of responsibility, or just let things go?
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 119: Inspiration from Inspired Villages CEO

simon@thebusinessofproperty.com (The Business of Property) — Wed, 09 Mar 2022 05:00:00 +0000

Jamie joins Stuart and Simon for an inspirational introduction to a property business sector that's set to grow dramatically in coming years.

The discussion this week includes:

Inspired Villages.
Find a passion in business.
Empathetic and intentional design.
How Inspired Villages got started.
Being Net Zero.
Applying Net Zero to existing buildings and villages.
The ownership and occupancy model for Inspired Villages.
The current challenges for Jamie in his business.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Special Guest: Jamie Bunce.

Episode 118: Losing £10k and a bill for £7k

simon@thebusinessofproperty.com (The Business of Property) — Wed, 02 Mar 2022 05:00:00 +0000

Simon and Stuart's chat this week covers losing money, big utility bills, extracting equity via a remortgage and increasing rents.

The chat this week includes:

Losing £10k.
Portfolio.
Increasing energy (gas and electricity) costs.
Trying, but failing, to pay for water.
A very large bill.
Remortgaging - Loan to value (LTV) and Rental cover / ICR.
Increasing rent, or not.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 117: Fly on the wall investor conversation

simon@thebusinessofproperty.com (The Business of Property) — Wed, 23 Feb 2022 05:00:00 +0000

Be a fly on the wall for an exploratory property investor conversation.

The discussion this week includes:

Should it be a JV?
What is long term?
How putting money in could work.
How money might be withdrawn.
How a JV agreement might end.
Revaluations and increasing equity during a JV.
(Sorry about the sound quality after Stuart had to change location!)
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 116: Architectural considerations with Wayne Greenway

simon@thebusinessofproperty.com (The Business of Property) — Wed, 16 Feb 2022 05:00:00 +0000

This week Stuart and Simon are joined by special guest Wayne Greenway to get a professional oppinion on a hypothetical flat conversation and chat about all things planning and architecture.

The chat this week includes:

How Covid has changed typical architecture work.
Follow-up to episode 109.
The potential flat conversion property.
Considering planning and changes within councils.
Planning restrictions on parking.
Prioritising garden access.
Increasing volume.
How many flats could actually fit?
A process for estimating renovation costs.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Special Guest: Wayne Greenway.

Episode 115: Structures for investor relationships

simon@thebusinessofproperty.com (The Business of Property) — Wed, 09 Feb 2022 05:00:00 +0000

Simon and Stuart are talking about how investor relationships can be structured and the investments Stuart has been looking at recently.

The discussion this week includes:

Continuing from episode 114
Possible structures for investors.
Loan / angel funding.
Joint ventures.
Sourcing, deal packaging and adding value.
Being flexible in approaching investors.
Investor relationships can be long term (perhaps longer than marriage)!
Having clarity about what you want to achieve.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please send this episode to three property friends to help spread the word.

Episode 114: Property searches and considering investors

simon@thebusinessofproperty.com (The Business of Property) — Wed, 02 Feb 2022 05:00:00 +0000

Stuart and Simon chat about the new PaTMa interface, their property searches and thinking about investors.

The chat this week includes:

PaTMa has a great new interface - making it even faster and easier to use.
Simon has been collecting interesting properties in PaTMa Prospector.
Getting back to searching for property deals.
A slight change of property direction.
Considering investors.
We were in The Times (just in case you missed it)!
Investor conversations.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 113: Are we mad to be landlords in 2022?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 26 Jan 2022 05:00:00 +0000

Simon and Stuart discuss some of the challenges facing landlords in the future and whether they should be putting property investors off in 2022.

The discussion this week includes:

The Times article.
Are we mad (to be property investors)?
Mortgage interest relief.
Cost of legislative changes.
Stamp duty surcharge.
Increasing tenant rights.
Are property investors taking homes?
Find us on Twitter or LinkedIn: Stuart, Simon.

Please send this episode to three property friends to help spread the word.

Episode 112: We're in The Times, but these are still taxing times...

simon@thebusinessofproperty.com (The Business of Property) — Wed, 19 Jan 2022 05:00:00 +0000

Stuart and Simon are talking about property yield, inspired by a recent article in The Times. Plus a chat on tax returns and how they approach their own.

The chat this week includes:

The Times article.
Track Capital yield map.
PaTMa yield explorer.
What are the Track Capital yield figures based on?
Landlords need to file a tax return.
Filing your self assessment tax return.
Making tax returns easier with PaTMa.
HMRC are delaying late filing/payment fines this year.
Using an accountant for your personal tax return.
How long does it take to do your own tax return?
How long does it take to provide figures to your accountant?
Find us on Twitter or LinkedIn: Stuart, Simon.

Please send this episode to three property friends to help spread the word.

Episode 111: If we started again, what would we change?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 12 Jan 2022 05:00:00 +0000

Simon and Stuart chat about what they might have done differently in their property investment careers and how things could have turned out differently.

The discussion this week includes:

Doing our property careers again - how would they be different.
Going faster.
£3 million property portfolio.
Sorry, no spreadsheet! Get in touch if you think it should be shared.
Going slower.
Paying attention to the numbers in the properties.
Only one winner taking a bank to a casino!
Gross vs net matters.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 110: 2021 was fairly busy!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 05 Jan 2022 05:00:00 +0000

Stuart and Simon realise that quite a lot has happenned in 2021. This weeks chat covers a few of the things that have stood out for them.

The chat this week includes:

Not reviewing our 2021 goals!
New R2R properties.
Completing on a sale.
Maisonette refurbishment.
Two properties sold subject to contract.
Three failed sales.
PaTMa improvements:
- Making Tax Digital
- Open Banking
- Improve planning applications data
- Better data integration
- Newly available comparable property listings
- Better user experience and screen designs
The Business of Property episodes:
Alternative investing and Portfolio.
Looking forward...
Partnering on a co-working space.
Reducing papercuts - making a smoother experience.
Making Tax Digital.
Wishing you a very prosperous 2022.
Find us on Twitter or LinkedIn: Stuart, Simon.

Please send this episode to three property friends to help spread the word.

Episode 109: Analysing a prospective property deal

simon@thebusinessofproperty.com (The Business of Property) — Wed, 29 Dec 2021 05:00:00 +0000

Simon presents an interesting property with development potential for Stuart to analyse further.

The discussion this week includes:

A potential flat conversion property.
Using PaTMa to compare with the local market.
An estimated GDV.
How to fit possible flats.
What would the conversion cost?
Next steps.
Delays and things you don't think about when planning a refurb.
How it could be financed.
Contact us on Twitter or LinkedIn: Stuart, Simon.

Please leave us a rating and review if you're enjoying the show.

Episode 108: Property business update - R2R, sales and lessons

simon@thebusinessofproperty.com (The Business of Property) — Wed, 22 Dec 2021 05:00:00 +0000

Stuart and Simon chat through an update on recent changes and progress in Stuart's property business. Covering rent to rent, assorted sales, various woes and lessons learned along the way.

The chat this week includes:

Has Stuart misplaced a house?
A rent to rent business update.
Minor building woes.
Lessons learned from recently starting multiple rent to rent properties.
An update on an interesting purchase offer.
Selling another flat - direct to the buyer.
Completing on a very, very long running HMO sale.

Please send this episode to three property friends to help spread the word.

Episode 107: How are rising house prices affecting our investment plans?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 15 Dec 2021 05:00:00 +0000

Simon and Stuart talk about direct to vendor (no agent) buying and some considerations in getting the process started; plus thoughts on investing with rapidly increasing property prices.

The discussion this week includes:

Strongest 3 months growth in house prices for 15 years.
Uneven price growth over the last 6 years.
Price growth in pounds - compared to people's income.
Simon's uncertain approach to the uncertain future!
Considering buying direct, from friends.
Private valuation.
Non-agent buying process.

Please leave us a rating and review if you're enjoying the show.

Episode 106: House building and non-traditional exchanges

simon@thebusinessofproperty.com (The Business of Property) — Wed, 08 Dec 2021 05:00:00 +0000

This week is a varied chat with Stuart and Simon exploring some house building stats, then discussing a fairly unusual proposal when selling a flat.

The chat this week includes:

Completions in October were 52% down!
House building - 216,490.
Government house building target - 300,000.
Nearly 24,000 new homes from a change of use.
Council / local authority built properties.
Covid forced changes on builders.
Stuart's flat sale, with a new twist!
Variations to the traditional exchange and completion process.

Please send this episode to three property friends to help spread the word.

Episode 105: Our alternative investments plus angel investment walkthrough

simon@thebusinessofproperty.com (The Business of Property) — Wed, 01 Dec 2021 05:00:00 +0000

This week Simon and Stuart are chatting about their alternative (non-property) investments. Although a little property investment might be covered too!

The discussion this week includes:

We have non-property investments!
@The_Landlord requested a cryto update.
Coinbase (referral link - you'll get a little bit of free Bitcoin if you buy $100).
Vanguard stocks and shares investing.
Returns over varying times and the bounce back from 2020 Covid.
A new angel investment.
Stuart's decision from our recent mortgage episode.
Contact us on Twitter - @BizOfProperty.

Please leave us a rating and review if you're enjoying the show.

Episode 104: To fix, or not to fix?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 24 Nov 2021 05:00:00 +0000

Stuart and Simon are talking mortgages - with a real life scenario and three mortgage options on the table, what do you need to consider to make a choice?

The chat this week includes:

Mortgages, mortgages, mortgages!
Three mortgages are on offer - what to choose?
What's a discounted variable mortgage?
Early repayment charges (ERCs).
Always remember the fees!
LTV vs valuation.
Interest costs for the options - the real figures.
Savings and risks.
Weighing it all up.

Please send this episode to three property friends to help spread the word.

Episode 103: Open Banking and the death of spreadsheets

simon@thebusinessofproperty.com (The Business of Property) — Wed, 17 Nov 2021 05:00:00 +0000

Simon and Stuart explore what Open Banking is and how it can help landlords, including looking into the future of Making Tax Digital.

The discussion this week includes:

What is Open Banking?
An example Open Banking setup process.
Xero.
How landlords can benefit from Open Banking.
Simpler record keeping and rent tracking with the PaTMa Open Banking support.
Making Tax Digital is coming for landlords from April 2024.
Using PaTMa, or standard accounting software, to simplify property bookeeping and ease MTD submissions.
Spreadsheets won't cut it in the Making Tax Digital world.
Kicking and screaming during the transition.
A smarter, easier world (process) for landlords in the end.

Please leave us a rating and review if you're enjoying the show.

Episode 102: Cash (flow) is king

simon@thebusinessofproperty.com (The Business of Property) — Wed, 10 Nov 2021 05:00:00 +0000

Stuart and Simon are talking cash flow and explaining how they manage (or not) cash flow in their own businesses. Hear why they've chosen different approaches for their own situations and some mistakes you can learn from.

The chat this week includes:

Stuart's cash flow "situation".
Putting together a detailed cash flow forecast.
Managing cash flow by setting/adjusting dates.
The value and importance of having a cash flow forecast.
Recording monthly transaction in PaTMa with Open Banking.
Residential, family, single lets can be treated very differently for cash flow.
Lumpy expenses, can be better!
Cash is king.

Please leave us a rating and review if you're enjoying the show.

Episode 101: Our autumn budget review (for landlords)

simon@thebusinessofproperty.com (The Business of Property) — Wed, 03 Nov 2021 05:00:00 +0000

Simon and Stuart take a look at the recent budget from a property point of view and discuss some of the topics raised from that.

The discussion this week includes:

The autumn budget for property people.
- Changes for landlords.
- Cladding.
- Help to buy.
- Developing brownfield sites.
Redhill as an example of heavy in-town development including office to resi conversions.
Development effects on town centres - traffic and parking.
Future travel patterns and housing requirements / preferences.
The Jetsons personal flying transport.
Flying taxi's
(Yes, we may have gone a little off-topic!)

Please leave us a rating and review if you're enjoying the show.

Episode 100: Property is always on our mind

simon@thebusinessofproperty.com (The Business of Property) — Wed, 27 Oct 2021 05:00:00 +0100

Stuart returns for a chat with Simon about the latest property transaction figures (covering September), approaches to a hot property market and the importance of having a plan B.

The chat this week includes:

Covid experiences!
Sales transactions in September were up 67%.
See images below.
Our previous episode with a crypto investment update.
Our previous episode about share fund investment.
Missed viewings and they're sold!
Approaches to a hot property market.
The importance of having a plan B.

Please leave us a rating and review if you're enjoying the show.

Episode 99: Student demand increasing 40% by 2025

simon@thebusinessofproperty.com (The Business of Property) — Wed, 20 Oct 2021 05:00:00 +0100

Pam and Tania join Simon for a chat about their in-person property meetup in Crawley. They chat about their recent speaker, Gill Fielding, and the current state of the property market.

The discussion this week includes:

Crawley Property Meet.
Gill Fielding and Fielding Financial.
Treating other peoples money with respect.
Never seen the market like this before (in 40 years).
Proximity to transport links could be less important.
People will expect properties to complete faster now.
Changing property trends.
Licencing or regulation risks for SA.
Student demand increasing 40% by 2025.
Difficulty judging Covid comfort levels, especially in groups.
Crawley Property Meet in October (yesterday!) was a presentation on a recent project - an excellent style of event.

Please leave us a rating and review if you're enjoying the show.

Special Guests: Pam Mackenzie and Tania Carson.

Episode 98: What we're saving is the planet, not our pocket

simon@thebusinessofproperty.com (The Business of Property) — Wed, 13 Oct 2021 05:00:00 +0100

Simon is joined by Pam and Tania to talk property energy improvements, coping with rising energy costs and how landlords should approach saving the planet.

The chat this week includes:

Pam and Tania previously joined us to chat about choosing locations and property funding.
Stuart and Simon spoke about increasing energy costs last week.
Solar panels.
Feed-in-tariff pay back period.
Considering approaches for eco projects.
Is the technology ready to replace gas boilers?
EPC C for rental property by 2025.
Crawley Property Meet.
An average of £10,000 per property.
Difficulty insulating a block of flats when you need agreement of everyone.
Increased HMO energy costs from more time at home - not just more expensive energy.
Increasing rents.
Everyone's going to be struggling for a little while.
Energy supplier changes due to companies going bust.
Convincing HMO tenants to be energy efficient.
Structuring property energy improvements to "pay back" is wrong!
What we're saving is the planet, not our pocket.

Please leave us a rating and review if you're enjoying the show.

Special Guests: Pam Mackenzie and Tania Carson.

Episode 97: Pricing and costs

simon@thebusinessofproperty.com (The Business of Property) — Wed, 06 Oct 2021 05:00:00 +0100

Simon and Stuart chat about rents, pricing and how increasing energy costs will impact landlords.

The discussion this week includes:

Hometrack rental market report.
5% increase.
3.8% decrease.
15 days.
Crawley.
Increasing rents, or not.
Increasing energey costs (for HMO and SA).
Energy caps within tenancies.
Time:o:stat.
Pro-active energey (cost) saving.

Please leave us a rating and review if you're enjoying the show.

Episode 96: It's all about mindset

simon@thebusinessofproperty.com (The Business of Property) — Wed, 29 Sep 2021 05:00:00 +0100

Stuart and Simon are talking about two important changes for property people on 1st October.

The chat this week includes:

Important property changes on 1st October.
The stamp duty holiday is ending, check the updated stamp duty rates - PaTMa is using the new rates.
PaTMa data is showing an increase in fall-throughs.
What has the stamp duty holiday accomplished?
Reduction in eviction notice periods.
Eviction (eg Section 21) forms are also changing.
Should landlords spend (extra) money to pursue principles?
Contact us on Twitter, Facebook or contact form.

Please leave us a rating and review if you're enjoying the show.

Episode 95: Deposit eating inflation

simon@thebusinessofproperty.com (The Business of Property) — Wed, 22 Sep 2021 05:00:00 +0100

Simon and Stuart chat about the current property market, looking at stocks and shares investment for parking deposit funds, and what to do following an awkward tenant departure.

The discussion this week includes:

Some interesting properties appearing recently.
ROI.
Comparing price changes over 5 years with very similar houses in the same street.
Challenger bank savings interest rates.
Vanguard.
Passive share investing guide.
Tenants leaving!
Cleaning up.
We previously talked about a court experience following a tenant leaving goods behind.
Considering a pre-sale refurbishment.
Our last episode on auctions with David from EIG.

Please leave us a rating and review if you're enjoying the show.

Episode 94: Property auctions with David Sandeman

simon@thebusinessofproperty.com (The Business of Property) — Wed, 15 Sep 2021 05:00:00 +0100

Stuart and Simon are joined by property auction data expert, David Sandeman. David has been watching property auctions for over 30 years and he shares his tips for auction success, what's changed for auctions during the pandemic and a view to the future of property auctions.

The chat this week includes:

Special guest David Sandeman from Essential Information Group.
The auction history of a particular block of flats in Redhill we've mentioned before.
What's missing from the Land Registry sold price database.
Changing interest in auctions with the current property market.
Monthly auction stats in the EIG newsletter.
David's top tips for considering an auction purchase.
The method of modern auction.
Property information packs / Home information packs.
How the SARS-CoV-2 pandemic has changed the auction industry.
Buying property from your phone.
Properties sold prior to auction.

Please leave us a rating and review if you're enjoying the show.

Special Guest: David Sandeman.

Episode 93: News and stats roundup

simon@thebusinessofproperty.com (The Business of Property) — Wed, 08 Sep 2021 05:00:00 +0100

Simon and Stuart are chatting about stories and stats that have recently caught their eyes in the property world.

The discussion this week includes:

The recent Zoopla / Hometrack price index.
How long can the current trend continue?
Where have all the sellers gone?
Looking at flats vs houses.
Property transactions fell 63% from June to July.
Legal thoughts on the "easy read" version of the How to Rent Guide and when to use it.
RRO appeal that may help superior landlords, see also our previous discussion of Rent Repayment Orders.
Only 43 landlords on the rogue landlord database.
London has it's own rogue landlord database that's public.

Please leave us a rating and review if you're enjoying the show.

Episode 92: Snagging - what is snagging and how to snag successfully

simon@thebusinessofproperty.com (The Business of Property) — Wed, 01 Sep 2021 05:00:00 +0100

Stuart and Simon start with a quick crypto investment update and then turn their focus to snagging. What is snagging? How does the snagging process work? Can you keep your snagging process on-track?

The chat this week includes:

Our previous episode with a crypto investment update.
Cryptocurrency investment progress update from Simon.
Skepticism on blockchains disrupting property markets.
What is snagging?
Can 2% of new homes really be snag free.
Professional snaggers are available.
More snags due to the stamp duty holiday.
Example snags:
- Window scratches
- Plasterboard ceilings
- Garden drainage
- Doors dropping
- Reversed switches
- Door locks
- Door sill cracks
- and more minor things
Snagging vs software bugs.
The value of task specific knowledge.
How to run your own snagging process - make and manage a list.

Please leave us a rating and review if you're enjoying the show.

Episode 91: Lessons from a court experience

simon@thebusinessofproperty.com (The Business of Property) — Wed, 25 Aug 2021 05:00:00 +0100

This week Simon and Stuart are chatting about a personal court experience - how it arose, progressed and of course the result. Listen for potentially very important and hard learnt lessons.

Sorry for the minor audio issues.

The chat this week includes:

Our previous episode with Stehpanie Taylor - see below for her free book offer.
Torts (Interference with Goods) Act.
Something for Stuart to look forward to?
Conflicting advice!
What you should do with abandoned tenant belongings.
Being taken to court.
Witness statements and evidence.
Lessons from a stressful experience.

Please leave us a rating and review if you're enjoying the show.

Get a free copy of The Rent 2 Rent Success Book!

If you'd like a free copy of Stephanie's book, Rent 2 Rent Success: Our Ethical 6-Step System to Get You Started in Property without Buying It.

Leave a review for The Business of Property Podcast in your podcast app
Screenshot the review and email it to Angelica at support@rent2rentsuccess.com with your postal address.
You'll receive a paperback copy in the post if you're in the UK and an email of the electronic version if you're anywhere else in the world.

Episode 90: Positive ambition from a difficult situation

simon@thebusinessofproperty.com (The Business of Property) — Wed, 18 Aug 2021 05:00:00 +0100

Stuart and Simon are talking about difficulties that can arise around a tenant who's having trouble moving on.

Sorry for the minor audio issues.

The discussion this week includes:

Our previous episode with Stehpanie Taylor - see below for her free book offer.
Selling difficulties.
Leaving tenants.
Strange tenant communications.
How does a tenant in rent arrears convince a new landlord?
How should a landlord provide a reference for a difficult tenant?
Ask me no questions, I'll tell you no lies.
60 weeks / 14 months, to evict via the courts.
Positive changes out of a difficult situation.
Receiving rent from universal credit.
Follow the processes but stay agile.
Stay tuned for Torts - next week!

Please leave us a rating and review if you're enjoying the show.

Get a free copy of The Rent 2 Rent Success Book!

If you'd like a free copy of Stephanie's book, Rent 2 Rent Success: Our Ethical 6-Step System to Get You Started in Property without Buying It.

Leave a review for The Business of Property Podcast in your podcast app
Screenshot the review and email it to Angelica at support@rent2rentsuccess.com with your postal address.
You'll receive a paperback copy in the post if you're in the UK and an email of the electronic version if you're anywhere else in the world.

Episode 89: How to replace your salary with serviced accommodation

simon@thebusinessofproperty.com (The Business of Property) — Wed, 11 Aug 2021 05:00:00 +0100

Simon and Stuart take a look at serviced accommodation and how it can be used to replace the average UK salary. Listen for a realistic exploration of the figures involved, investment required and time needed to build a serviced accommodation business.

Sorry for the fluctuating audio!

The chat this week includes:

Replacing your salary with rent-to-rent.
Replacing your salary with an HMO portfolio.
Replacing your salary with a buy to let portfolio.
Stuart's recent experience with serviced accommodation.
Concerns about longer Airbnb bookings.
Handling cleaning and maintenance during a longer SA booking.
Are guests scared of free cakes?
Serviced accommodation setup costs.
Thinking about voids / occupancy.
Dynamic pricing.
Our calculations for replacing your salary with serviced accommodation.
More pleasant customer contact.
Serviced accommodation feels more like building a business.

Please leave us a rating and review if you're enjoying the show.

Episode 88: Rent to rent success with Stephanie Taylor

simon@thebusinessofproperty.com (The Business of Property) — Wed, 04 Aug 2021 05:00:00 +0100

Stephanie Taylor joins Stuart and Simon to chat about her own success in property. Starting with rent to rent and now expanding to ownership, commercial to residential conversion and multi-unit block investment. Make sure you read the show notes for a great offer from Stephanie to get a copy of her Rent to Rent Success book for free!

The discussion this week includes:

The many things Stephanie is doing:
Our previous episode on replacing your salary with rent-to-rent.
Why Stephanie got started in rent to rent.
Finding the first rent to rent deal.
First refurbishment experience.
Keys -> refurbishment -> tenant find -> then guaranteed rent.
Management to a high standard consistently over time.
Moving on to multi-unit blocks as rent to rent.
Leaving the day job (quickly).
Starting to buy.
Commercial conversion.
A 12-unit investment property for £375k.

Please leave us a rating and review if you're enjoying the show.

Get a free copy of The Rent 2 Rent Success Book!

If you'd like a free copy of Stephanie's book, Rent 2 Rent Success: Our Ethical 6-Step System to Get You Started in Property without Buying It.

Leave a review for The Business of Property Podcast in your podcast app
Screenshot the review and email it to Angelica at support@rent2rentsuccess.com with your postal address.
You'll receive a paperback copy in the post if you're in the UK and an email of the electronic version if you're anywhere else in the world.

Special Guest: Stephanie Taylor.

Episode 87: Most things are possible

simon@thebusinessofproperty.com (The Business of Property) — Wed, 28 Jul 2021 05:00:00 +0100

This week Simon and Stuart are chatting about progress and events in their property (and cryptocurrency) investments.

The chat this week includes:

Are The Property Podcast spying on us?
- We talk about cryptocurrencies
- They talk about bitcoin
Land Registry property/fraud alert service.
Download title deeds from the Land Registry.
Validating property ownership for R2R.
An update on Simon's cryptocurrency investments.
Thinking long term for crypto investment.
The next steps when a notice period expires.
Landlords, tenants and theft!
Trying for early exchange with insurance protection.
Most things are possible.

If you've enjoyed this podcast, please tell someone else about it.

Episode 86: How to replace your salary with buy-to-let

simon@thebusinessofproperty.com (The Business of Property) — Wed, 21 Jul 2021 05:00:00 +0100

Stuart and Simon turn their salary replacement analysis to property investment with a buy-to-let strategy. What would it take to build a BTL portfolio that provides enough income to replace the average UK salary? Listen to find out!

The discussion this week includes:

Our previous episodes on replacing your salary with rent-to-rent and replacing your salary with HMOs.
What is vanilla buy-to-let?
Can you BTL with new build properties?
The beauty of buy-to-let.
Target salary replacement.
A single property buy-to-let scenario.
Potential return and comparison to alternatives.
BTL probably doesn't work with other peoples money.
Rental cover / ICR and the importance of the mortgage stress rate.
Hands off investment.
Replace your salary or double your salary!
Replace your salary with capital appreciation.
Property investment is a balancing act.

If you've enjoyed this podcast, please tell someone else about it.

Episode 85: House price indexes and free employees!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 14 Jul 2021 05:00:00 +0100

This week Simon and Stuart are talking about two recent house price index reports and what they show about the property market at the moment. Plus a discussion on the government Kickstart Scheme and the process for your property business to benefit from it.

The chat this week includes:

Halifax House Price Index - June 2021.
Nationwide House Price Index - June/Q2 2021.
Our previous thoughts on market changes as the stamp duty holiday ends.
A delay in solicitors and local searches.
The Government Kickstart scheme.
Simon wants to improve the PaTMa documentation.
The Kickstart Scheme application process.
It's amazing how much a good employee can expedite your business.

Please leave us a rating and review if you're enjoying the show.

Episode 84: Planning, sourcing, development and more with Imran Lokhon

simon@thebusinessofproperty.com (The Business of Property) — Wed, 07 Jul 2021 05:00:00 +0100

Stuart and Simon chat to Imran Lokhon about the planning permission process and other property business topics including sourcing, development and building property teams.

The discussion this week includes:

How Imran got started in property (and planning).
Imran's podcast.
Starting in property sourcing.
Around 2008 was a very lucrative time to be buying property.
Travel still needed to get deals with good yield.
Providing end-to-end sourcing.
Get clear about your ideal client.
Choosing areas based on yield, market opportunity and the local team.
Evaluating letting agents.
Progressing with property flipping.
Developing properties into multiple units.
The National Planning Policy Framework.
Local authorities are now more open to development.
More, and early, communication to improve planning for local authorities and developers.
The 4 most important things to think about when considering a planning application.
Go pastel!
Find Imran at Modus Academy.

Please leave us a rating and review if you're enjoying the show.

Special Guest: Imran Lokhon.

Episode 83: Stamp duty changes and exploring Airbnb

simon@thebusinessofproperty.com (The Business of Property) — Wed, 30 Jun 2021 05:00:00 +0100

Simon and Stuart talk about the ending (or changing) stamp duty holiday and what it might mean for the property market. Stuart also chats about his experiences trying out short lets via Airbnb.

The chat this week includes:

Stuart's race against the stamp duty holiday ending.
Stamp duty holiday changes
"Never not complete on completion day."
Fallout from Scotland's LBTT holiday end.
Property listing data from PaTMa.
An increase in property sales falling through.
Price increases for removals.
anyvan.com.
"Spare a thought for the solicitors".
Getting started with Airbnb.
Exploring the business side of running property on Airbnb.
Who's renting Airbnb property in London.
Our mini-theme on replacing your salary from R2R and HMOs.

If you've enjoyed this podcast, please tell someone else about it.

Episode 82: How to replace your salary with HMOs

simon@thebusinessofproperty.com (The Business of Property) — Wed, 23 Jun 2021 05:00:00 +0100

This week it's HMO property investment that Stuart and Simon look at for their salary replacement analysis. What would it take to build an HMO portfolio that provides enough income to replace the average UK salary? Listen to find out!

The discussion this week includes:

Our previous episode on replacing your salary with rent-to-rent.
An average UK salary.
Buying and renting HMO investment property.
Describing our chosen "typical" HMO property.
Purchase costs.
Refurbishment costs.
Loan to value (LTV).
Stamp duty.
Yield.
Mortgages and possible rates.
Maintenance costs.
HMO licence costs vary per council.
Utility and council tax costs.
A strange calculation to allow for voids!
Agent costs (or not).
How long does it take to buy and setup an HMO?
The cost, impact and risk of using private finance.

If you've enjoyed this podcast, please tell someone else about it.

Episode 81: Rent Repayment Orders and eviction changes

simon@thebusinessofproperty.com (The Business of Property) — Wed, 16 Jun 2021 05:00:00 +0100

Simon and Stuart are covering a couple of pieces of property news this week. They introduce Rent Repayment Orders and chat about an article covering recent court cases; then talk about the latest changes to Section 21 based evictions.

The chat this week includes:

Rent Repayment Orders (RRO).
Replacing your salary with rent-to-rent.
Some recent RRO court cases.
Crazy things dodgy landlords and rent-to-rent operators do!
Are you the legal owner?
Agents can't absolve your legal liability.
Right to rent.
The Tsunami of evictions is active!
Changes to Section 21 eviction notice periods.
Section 21 validity flow chart.
Stuart's current Section 21 experience.
The principle vs practical effort and cost.
The eviction process takes so much time and effort.
Life's too short.

Please leave us a rating and review if you're enjoying the show.

Episode 80: How to replace your salary with Rent-to-Rent (R2R)

simon@thebusinessofproperty.com (The Business of Property) — Wed, 09 Jun 2021 05:00:00 +0100

Stuart and Simon take a realistic look at the numbers involved in creating a rent-to-rent (R2R) property portfolio designed to replace your salary. They answer questions such as "What capital do you need?" and "How long will it take?".

The discussion this week includes:

Are Stuart and Simon trying to replace their salary?
The average UK salary.
Why replace your salary - what would it mean to you?
Multi-million pound portfolios.
Income from a typical / example rent-to-rent property.
Costs to setup a rent-to-rent property.
Don't forget the time (and work) involved to get started.
It's going to take longer than you think!

If you've enjoyed this podcast, please tell someone else about it.

Episode 79: Property vs cryptocurrency investing

simon@thebusinessofproperty.com (The Business of Property) — Wed, 02 Jun 2021 05:00:00 +0100

Listen in this week for (yet more) chat about flats in Redhill and investments outside property, including an adventure in cryptocurrency investment!

The chat this week includes:

A previous episode about a block of flats (and a spreadsheet).
That block of flats.
The flat up for auction (again).
Leasehold reform.
Extending a lease.
Returns from freehold block investment.
Investments outside property.
The Landlord reports on his cryptocurrency journey.
Volatility of cryptocurrencies.

Please leave us a rating and review if you're enjoying the show.

Episode 78: How many viewings in two weeks?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 26 May 2021 05:00:00 +0100

Join Stuart and Simon for another updates episode - chatting about the latest ups, downs and changes in their property businesses.

The discussion this week included:

Stuart's bad news.
Continuing from our last updates episode.
Making the hard phone calls.
The pain is the lost time.
PaTMa property price history browser extension.
How many viewings in two weeks?
Getting agents attention in a hot market.
You can also sell privately with Visum.
The benefit of agents.
A great studio flat in Kingston.
Slow valuations.
Investment options on a block of flats.
Recruiting an admin assistant.
The Government Kickstart scheme.
Software to manage property.

If you've enjoyed this podcast, please tell someone else about it.

Episode 77: Spreadsheeting investment scenarios

simon@thebusinessofproperty.com (The Business of Property) — Wed, 19 May 2021 05:00:00 +0100

Simon and Stuart have made a property investment spreadsheet! Follow the link in the notes to have a look. Then listen for a full walk through and analysis of the investment scenarios.

The chat this week includes:

A previous episode about a block of flats.
That block of flats.
The flat up for auction.
(No these notes aren't just a duplicate of last week!)
Investment scenarios spreadsheet.
Explaining someone else's spreadsheet is harder than it looks!
Follow along a step by step investment scenario spreadsheet walk-through - spreadsheet here.
Rental cover.
Jam today or jam tomorrow.
Knowing your own objectives.
Thinking about what we want.
The spreadsheet (again).

Please leave us a rating and review if you're enjoying the show.

Episode 76: Unexpected property strategy

simon@thebusinessofproperty.com (The Business of Property) — Wed, 12 May 2021 05:00:00 +0100

Simon and Stuart start with a chat about a flat they've seen before and what someone else's strategy might be for it. They also discuss what's involved in self managing a tenant change and some property maintenance - including the actual amount of money and time - plus how it could be improved.

The discussion this week included:

A previous episode about a block of flats.
That block of flats.
The flat up for auction.
Different and unexpected property strategies.
BRRR.
Self managing a change of tenants - what's involved.
Using PaTMa to help with new tenancy paperwork.
A long list of maintenance tasks!
Considering the costs (time and money) of the process - listen for actual numbers.
Using software to track property expenses.
Recovering costs of damage from a deposit.
Increased costs from tradespeople via agents.
What and how much can you outsource in property? How much should you?
What a good managing agent will do.
Valuing your own time.
Improving (VA) processes and integration.
Viewber.

If you've enjoyed this podcast, please tell someone else about it.

Episode 75: Applying significant desire

simon@thebusinessofproperty.com (The Business of Property) — Wed, 05 May 2021 05:00:00 +0100

Stuart and Simon cover some recent updates in their property businesses - from renting rooms to issues selling properties and the cost of an EWS1 survey.

The chat this week includes:

Results from changing letting agent.
Advertising on different channels.
"Can you put a hot tub in the garden?"
Increased rent following a design-led refurbishment.
Re-opening lines of communication.
Problems two days before exchange!
Ground rent doubling every 25 years vs inflation.
Mortgage companies "dislike" doubling every 15 years or less.
Leasehold reform.
Coincidental timing.
Three EWS1 quotes and ball-park costs.

Please leave us a rating and review if you're enjoying the show.

Episode 74: As optimistic as reality

simon@thebusinessofproperty.com (The Business of Property) — Wed, 28 Apr 2021 05:00:00 +0100

Simon and Stuart respond to a request for their thoughts on the next 5 years in the property market - along with reviewing recent price index reports.

The discussion this week included:

Our recent chat about the property market.
Property market reports: Nationwide, Halifax, e.surv, and Hamptons rental index.
Chris asked about the next 5 years.
Why do we/people try to predict the property market.
Focussing on financial fundamentals.
"The longer term outlook remains highly uncertain" - Robert Gardner, Nationwide's Chief Economist.
We were talking about down valuations six months ago.
"It's staggering how much the property market is increasing right now".
A lot of regional variation.
Income to house price multiples.
Article about what might end the crazy property market.
Cheap and easy money.
Using PaTMa stats to further investigate price changes in the Redhill area.

If you've enjoyed this podcast, please tell someone else about it.

Episode 73: Realities of property investing

simon@thebusinessofproperty.com (The Business of Property) — Wed, 21 Apr 2021 05:00:00 +0100

Stuart and Simon provide updates on their recent property business experiences. They chat about property maintenance, tradespeople, and knowing your market.

The chat this week includes:

Tenants leaving.
Dealing with leaks and resulting mould.
Maintenance, maintenance, maintenance.
EICR deadline and electrician availability.
Tradespeople availability.
Materials availability.
EWS1 saga.
Beware of your managing agent and your ability, or not, to replace them.
Not accepting search indemnity insurance.
Changing letting agents.
Knowing your market.
Benefits of finding your own tenants.

Please leave us a rating and review if you're enjoying the show.

Episode 72: Going up! Then what?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 14 Apr 2021 05:00:00 +0100

Simon and Stuart talk about recent news of some unusually high numbers in the property market.

The discussion this week included:

UK residential transactions in February 2021 is 147,050, 48.5% higher than February 2020.
Pressure from the stamp duty holiday vs real market demand.
Pandemic effects on the property market.
What might the property market look like over the next year.
Over 9 million Rightmove visits in a day.
How long will the current level of demand last?
Lots of local variation in the property market.
ROI.
Timing the market for your re-mortgage.
Zombie mortgages.
Look out for standard variable rate!
Recycling investment cash.
Valuation flukes.

Please leave us a rating and review if you're enjoying the show.

Episode 71: Tenant demand and witnessed e-signatures

simon@thebusinessofproperty.com (The Business of Property) — Wed, 07 Apr 2021 05:00:00 +0100

Stuart and Simon chat about their varied experiences with recent tenant demand for rooms and properties they've let.

The chat this week includes:

A lack of tenants.
Choosing your channel to match your market.
13 of 15 new rooms filled.
Beating the HMO oversupply around Gatwick.
OpenRent and Visum.
Crazy single-let demand - nearly 30 enquiries in a week.
Perhaps not actually looking for a short term let.
Making the most of auto-responses and pre-screening on Visum and OpenRent - but beware!
PaTMa.
DocuSign's witnessed service - some more details available here.

If you've enjoyed this podcast, please tell someone else about it.

Episode 70: Enjoy your new home without delay

simon@thebusinessofproperty.com (The Business of Property) — Wed, 31 Mar 2021 05:00:00 +0100

This week Simon and Stuart talk through a recent viewing experience, putting in a low offer, and how basic repairs can disproportionately affect ROI.

The discussion this week included:

Looking for a new investment property.
Taking advantage of an empty house for a Covid-safe viewing.
PaTMa property price monitoring.
"enjoy your new home without delay".
Teardown from viewing a property.
Putting in a low offer.
Repair work can't be leveraged by an initial mortgage.
ROI effects from repair work investment.
The advantage of home owners living through repairs.

Please get in touch with your recent viewing experiences.

Episode 69: Holiday let gone wrong!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 24 Mar 2021 05:00:00 +0000

Stuart and Simon start out this week with a tale about a holiday let that isn't going as planned. This leads the conversation to a past story about council involvement.

The chat this week includes:

Holiday let gone wrong!
Why people want short term lets.
Open communication.
Trusting people.
Council support, or lack of, for evictions.
Conflicting council incentives.
Wasted public costs and emotional turmoil.
Mitigating risk as the start of a tenancy.

If you've enjoyed this podcast, please tell someone else about it.

Episode 68: Stamp duty holiday extension effects

simon@thebusinessofproperty.com (The Business of Property) — Wed, 17 Mar 2021 05:00:00 +0000

Simon and Stuart discuss what the stamp duty holiday extension means for them and end up telling a tale of new-build woe.

Sorry for the lower than normal sound quality.

The discussion this week included:

Changing plans from the stamp duty holiday extension.
House builders hedging their bets.
Visiting your new (pre-)build.
Seeing the "insides".
A troublesome new-build completion tale.
Short notice to completion.
What are your experiences and effects from the stamp duty holiday? Let us know

If you've enjoyed this podcast, please tell someone else about it.

Episode 67: Selling four properties

simon@thebusinessofproperty.com (The Business of Property) — Wed, 10 Mar 2021 05:00:00 +0000

This week Stuart and Simon talk about the four properties that Stuart currently has on the market, in various stages of the selling process. Including one property that's a fully tenanted HMO.

The chat this week includes:

Selling a fully tenanted HMO.
Releasing equity to reduce finance burdens.
Comparing single dwelling value to fully licensed HMO.
Reconfiguring back to a single dwelling.
Children cooking!
Influence of the street/location on property uses.
Offers without viewing.
Investing on numbers alone.
Reducing revenue to increase business profit percentage.
Trying to solve EWS1 problems.
Offers accepted.

Please leave us a rating and review if you're enjoying the show.

Episode 66: Starting in property series - evaluating two potential investment properties

simon@thebusinessofproperty.com (The Business of Property) — Wed, 03 Mar 2021 05:00:00 +0000

Follow along as Simon walks through his thoughts from evaluating two potential investment properties that were recently available at auction.

The discussion this week included:

Simon's investment criteria.
Considering flats (a block of) vs houses.
Deep dive into two evaluating two auction properties:
Detached house in Redhill - multiple bidders, sold for £278k from a £180k guide.
Block of flats in Redhill - one bid, sold for asking at £550k.
Using PaTMa to quickly evaluate property investment scenarios.

If you've enjoyed this podcast, please tell someone else about it.

Episode 65: Starting in property series - locations and funding with Pam and Tania, part 2

simon@thebusinessofproperty.com (The Business of Property) — Wed, 24 Feb 2021 05:00:00 +0000

Pam and Tania continue their recent conversation with Stuart and Simon, with a focus on angel investing and choosing locations. The chat also covers the changing world and property market, along with adapting to cope with it.

This is part 2 of the discussion, you can find part 1 here.

The chat this week includes:

How to find angel investors.
Pam & Tania's Deal Diaries.
Discussing potential deals.
Learning while you earn.
Being confident the deal and business are strong enough.
It's lovely to understand why people invest.
Pam and Tania's location selection strategy.
Shoe leather investigations.
Benefits of working with others.
Similar values rather than similar skills.
Demand analysis is hard at the moment.
Shifting investment strategies.
Distance to train stations.
Forced change of tenant type (still the same people).
Crawley Property Meet.
A wandering goose.

Please leave us a rating and review if you're enjoying the show.

Special Guests: Pam Mackenzie and Tania Carson.

Episode 64: Starting in property series - locations and funding with Pam and Tania, part 1

simon@thebusinessofproperty.com (The Business of Property) — Wed, 17 Feb 2021 05:00:00 +0000

Pam and Tania join Stuart and Simon to chat about how they've very deliberately chosen their investment locations. They also talk about their investment strategy, how they got started and their approaches to funding from external investors.

Part 2 of this chat can be found here.

The discussion this week included:

Choosing investment location deliberately.
Demand, transport links, cash flow.
Investing with minimal money-in.
5 bedrooms was a game changer.
Crawley Property Meet.
5 HMOs in 18 months.
Demand going down from oversupply.
Keeping your ears open.
Never buy a ready made house.
On the edge of Article 4.
Maximising bedrooms (with windows!).
Desperation!
Joint venture vs angel financing.
Getting the JV balance/structure right.
Interest rates for angel investors.

If you've enjoyed this podcast, please tell someone else about it.

Special Guests: Pam Mackenzie and Tania Carson.

Episode 63: Starting in property series - Considering funding

simon@thebusinessofproperty.com (The Business of Property) — Wed, 10 Feb 2021 05:00:00 +0000

Property investment needs money - funds to invest when getting started and also to fuel growth. Simon and Stuart chat about their own considerations and approaches to using external funds for their property investment.

The chat this week includes:

Being offered money.
The stress of other peoples money.
Individuals vs banks.
Overcoming fears for business growth.
Difficult investor conversations.
Coping with unexpected change.
Friends and family as investors.
Requirements from investors.
Life savings.
Driving faster.

If you've enjoyed this podcast, please tell someone else about it.

Episode 62: Updates - Leaving things to the last moment

simon@thebusinessofproperty.com (The Business of Property) — Wed, 03 Feb 2021 05:00:00 +0000

Taking a quick break from the getting started in property series, Stuart and Simon run through the latest updates from their property businesses.

The discussion this week included:

Stuart's design led refurbishment has it's first tenant.
View the agent listing here and some photos at the end of this weeks show notes, including the custom artwork.
Stuart's Executive Juice podcast.
Doubling income from a property.
The downward pricing spiral.
Reviewing the refurbishment process.
Trusting your building team.
Falling through.
Swallow the frog!
Pro-active support from Interbay.
Leasehold / managing agent battles.
Leasehold reforms.
Tenant eviction for a sale.
Avoiding viewings to reduce Covid19 risks.
Leaving things to the last moment.

Please leave us a rating and review if you're enjoying the show.

After refurbishment:

Episode 61: Starting in property series - Inputs and location

simon@thebusinessofproperty.com (The Business of Property) — Wed, 27 Jan 2021 05:00:00 +0000

Simon and Stuart continue their series on starting in property, this week continuing on being aware of your inputs and moving on to a discussion around choosing your investment location.

The chat this week includes:

How/why we invested the way we did.
Low time commitments.
Investment matrix - strategies available from low/medium/high inputs.
Utilising external support.
Self-refurbishment (with children).
Knowledge can collapse the time required.
What you're interested in, is another important input.
Key learnings slide from Stuart.
Considering location
- Price
- Knowing the area
- Tenant types / demand
- Hotspots
- Proximity
- Research
- (Power!) team
- Diversification
Backup property uses.

If you've enjoyed this podcast, please tell someone else about it.

Episode 60: Starting in property series - Considering your inputs

simon@thebusinessofproperty.com (The Business of Property) — Wed, 20 Jan 2021 05:00:00 +0000

Stuart and Simon try to look at resources that you need to consider when planning property investment and get a little sidetracked into discussing personal vs limited company ownership of investment property.

The discussion this week included:

The resources needed to invest in property.
Time.
Money.
Knowledge/expertise/experience.
The best knowledge comes through doing.
Doing means walking the streets.
Using agents, or not.
Self listing properties - OpenRent, LettingAProperty, UPad, Visum.
Differing costs and effort between buying in personal names or a limited company.
Section 24.
Tax!
Some of the company vs personal tax considerations.
Capital Gains Tax rates.
Transferring property into a limited company.

Please leave us a rating and review if you're enjoying the show.

Episode 59: Starting in property series - Reasons

simon@thebusinessofproperty.com (The Business of Property) — Wed, 13 Jan 2021 05:00:00 +0000

Responding to listener feedback, Simon and Stuart are starting a series of discussions about starting property investment. Initially with reasons and why this week, then covering early decisions, processes and even real potential properties.

The chat this week includes:

Why we chose property.
Our property back story, part 1
Our property back story, part 2
A lot of effort for passive income.
Property vs stocks and shares.
"Imaginary" stocks and shares.
Considering property funds.
Asset liquidity.
Property Partner - as not remembered by Simon.
Get rich quick?
Getting early cash out.
Long-term decision making is better.
Long term wealth growth.
Property values double every ten years.
ROI / Return On Investment.
BRR (Buy Refurbish Refinance) has challenges.
PaTMa Prospector now includes BRRR scenario calculation.

If you've enjoyed this podcast, please tell someone else about it.

Episode 58: Getting 2021 started

simon@thebusinessofproperty.com (The Business of Property) — Wed, 06 Jan 2021 05:00:00 +0000

Stuart and Simon are looking ahead to what their 2021 might hold and more specifically how they're getting it started.

The discussion this week included:

Looking to buy.
Simon's property type preference.
Considering buying with existing tenants in place.
Rent from day one.
Considering the risks - with restricted eviction options.
Section 21 vs Section 8.
ROI / Return On Investment.
Calculating ROI.
Simon's target ROI.
Stuart's yield hurdle.
Looking to consolidate.
2021 should be a year with plenty of excitement.

Please leave us a rating and review if you're enjoying the show.

Episode 57: News and reviewing our 2020 goals

simon@thebusinessofproperty.com (The Business of Property) — Wed, 30 Dec 2020 05:00:00 +0000

This week is a mix of news, updates and reviewing the goals Simon and Stuart set themselves for 2020.

The chat this week includes:

Welsh stamp duty increase - use the PaTMa buy-to-let profit calculator to see the latest figures.
Stamp duty increase for overseas investors.
Prime London property as a store of money.
Sold!
Stuart's design led refurbishment.
Financial challenges.

We hope you've had an enjoyable Christmas and wish you well for 2021.

Episode 56: Updates and hindsight to property topics of 2020

simon@thebusinessofproperty.com (The Business of Property) — Wed, 23 Dec 2020 05:00:00 +0000

In a slightly longer than normal episode, Stuart and Simon look back over their topics of property conversation in 2020. Bringing new insights, updates and the benefit of hindsight into the discussion.

Some of the topics covered this week include:

If you've enjoyed this podcast, please tell someone else about it.

Episode 55: There's a lot going on

simon@thebusinessofproperty.com (The Business of Property) — Wed, 16 Dec 2020 05:00:00 +0000

Simon and Stuart talk about their latest property updates - there's a lot going on!

If you're looking for a property to purchase and would like to share your progress, please let us know. We'd also love to hear your property challenges.

The chat this week includes:

Last minute sale issues.
Land registry plan updates.
Hard to contact solicitors.
6.5% property price increase in the last year.
Selling: flat in Croydon, flat in Kingston, flat in Plymouth.
Oct 2019 + "3-6 month" project = expected completion in January 2021!
Fall-through due to down-valuation.
Boxing day marketing.
Purchasing: a new home, a pub, a maisonette.
Refurbishing: a trendy HMO, a R2R HMO.
In the pipeline: two more R2R deals.
Having the right team.

Please leave us a rating and review if you're enjoying the show.

A petition for extending the Stamp Duty Holiday

Episode 54: Getting (re-)started in Rent to Rent

simon@thebusinessofproperty.com (The Business of Property) — Wed, 09 Dec 2020 05:00:00 +0000

Stuart and Simon take a thorough look at recent experience of getting back into doing rent to rent deals.

The discussion this week included:

Why rent to rent.
Rent to HMO and Rent to SA.
R2R input and output.
Article 4 areas.
Planning and licensing.
Knowing your market.
R2R vs letting agent.
Finding R2R deals.
Even R2R requires capital investment.
It takes time, effort and money.

If you've enjoyed this podcast, please tell someone else about it.

Episode 53: What are mortgage companies doing?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 02 Dec 2020 05:00:00 +0000

Simon and Stuart are back with more updates this week, with several things changing already.

The chat this week includes:

Update on the damp survey mentioned last week.
Costs of sale.
Long term holding can create some large CGT bills.
Beware CGT doesn't overtake equity when mortgaging.
(More) down-valuations!
Fall-through.
A great studio flat in Kingston.
Our recent chat with estate agent Emma.
Price increase instead of stamp duty.
What are mortgage companies doing?
EWS1 no longer needed for blocks with no cladding.
Catch 22 by Joseph Heller.

Please leave us a rating and review if you're enjoying the show.

Episode 52: A mortgage offer in your back pocket

simon@thebusinessofproperty.com (The Business of Property) — Wed, 25 Nov 2020 05:00:00 +0000

Stuart and Simon provide updates on their recent property experiences and chat about viewings, mortgages and the stamp duty holiday (again).

The discussion this week included:

Mortgage required before viewing.
Cheeky new-build viewing requirements.
More surveys.
Damp.
Speed (or not) of selling.
Will the stamp duty holiday now help to keep sales alive?
"In progress" sales are nearly 50% higher than last year.
Extending the stamp duty holiday.
"Only 25% of sales agreed in Q1 complete by the end of March."

If you've enjoyed this podcast, please tell someone else about it.

Episode 51: Pent up demand was massive

simon@thebusinessofproperty.com (The Business of Property) — Wed, 18 Nov 2020 05:00:00 +0000

Emma joins Simon and Stuart once again to chat about the world (and property market) from her view running an estate agency.

Please accept our apologies for some slight sound issues.

The chat this week includes:

Summary of the last few months property market.
The stamp duty holiday deadline.
Demand is slowing down, a little.
The property market can function as normal during this lockdown.
Things are moving slooooowly in the sales process.
Down-valuations!
Prices are up!
Lockdown or Christmas.
Market predictions.

Emma's property business is Estate Agents Hub.

Please leave us a rating and review if you're enjoying the show.

Special Guest: Emma Halliwell Marks.

Episode 50: Property listing and pricing stats

simon@thebusinessofproperty.com (The Business of Property) — Wed, 11 Nov 2020 05:00:00 +0000

Simon and Stuart chat through a couple of graphs showing how the property market has behaved so far this year.

The discussion this week included:

Stats collected thanks to the PaTMa property browser extension.
You might be able to see the graphs included below, if not use these links: graph 1 and graph 2.
Christmas is coming!
Was the post-lockdown (v1) market hype, overhyped.
Sellers and agents building stamp duty savings into their price.
Our previous market stats podcast.
Our conversation with Tom.
Occasional down-valuations causing mortgage (and re-mortgage) issues for some.
What's coming next for (changes in) property prices.

The graphs being discussed:

If you can't see the graph images above, you can click these links to view each graph:

If you've enjoyed this podcast, please tell someone else about it.

Episode 49: A meaningless average

simon@thebusinessofproperty.com (The Business of Property) — Wed, 04 Nov 2020 06:00:00 +0000

Stuart and Simon discuss a Covid-19 influenced viewing experience, stamp duty and the speed (or not) of completing a sale.

The chat this week includes:

Awkward property viewings.
Vendor vs agent viewing styles.
The additional stamp duty rate on your primary residence.
The stamp duty holiday rates (spreadsheet).
Another offer has been accepted (via a new agent).
Trying to complete by Christmas.
Average of 77 days for a "proceedable offer".
Average of 123 days for conveyancing.
Purchases missing the stamp duty holiday.
Mortgage delays, perhaps leading to sale failures.
A meaningless average.

If you've enjoyed this podcast, please tell someone else about it.

Episode 48: The market decides

simon@thebusinessofproperty.com (The Business of Property) — Wed, 28 Oct 2020 06:00:00 +0000

This week the chat is focussed around auctions, advertised property prices and agent fees; with a few updates thrown in along the way.

The discussion this week included:

Last weeks chat with Tom Soane.
Stuart's offer(s).
EWS1 delights.
Reducing for cash.
Testing seriousness with little hurdles.
Method of modern auction.
Guide prices - on auctions and not.
Emma's past chat about portal usage.
Property listings that advertise a price range/band.
Auctions moving online, in multiple styles, in the age of Covid-19.
Fees involved in auctions.

If you've enjoyed this podcast, please tell someone else about it.

Episode 47: Property investing with Tom Soane

simon@thebusinessofproperty.com (The Business of Property) — Wed, 21 Oct 2020 06:00:00 +0100

Simon and Stuart are joined by Tom Soane to chat about some of Tom's experiences in property, from how he got started to his current projects.

The discussion this week included:

Tom's transition from gamekeeper to poacher (or maybe the other way around).
The difference between planning investments for others and making them yourself.
Continuing despite fear.
Using investor money vs your own money.
Understanding risk.
Looking at the mathematics when analysing property deals.
Investing in Newcastle.
Putting together a remote team.
Make use of property data - from Land Registry and PaTMa.
Choosing your time to sell.
The use of "guide price" in property listings.

You can find Tom on Facebook or reach him through his sales and letting agency Pink Street.

Please leave us a rating and review if you're enjoying the show.

Special Guest: Tom Soane.

Episode 46: A tsunami of homelessness

simon@thebusinessofproperty.com (The Business of Property) — Wed, 14 Oct 2020 06:00:00 +0100

This week is a chat around asking tenants to leave, evictions and some alternative approaches to solving problems. Stuart and Simon also discuss the "tsunami" of homelessness the reopened courts are about to cause!

The chat this week includes:

Alternative to serving an official eviction notice.
Open and honest communication.
Not without risk.
Evictions with rent arrears.
Overdue rent and direct payment from Universal Credit.
Adjusting homes to fit your means.
"You know what the rent is".
Will there be a tsunami of evictions?
Court capacity - already scheduling for October 2021.

If you've enjoyed this podcast, please tell someone else about it.

Episode 45: Increasing property transactions

simon@thebusinessofproperty.com (The Business of Property) — Wed, 07 Oct 2020 06:00:00 +0100

Simon and Stuart chat about a recent article in the Financial Times claiming property transactions are increasing thanks to the stamp duty holiday. Show notes include a link to the source data.

This week's conversation covered:

House sales climb for second month.
Based on HMRC figures using stamp duty records (direct PDF link).
Too early to be from the stamp duty holiday.
High LTV mortgage products are currently rare.
Transactions are recovering well, but they're currently still down from last year.
Was the stamp duty holiday too early?
Will the stamp duty holiday be extended?
A lot of the recovery in transactions will just be catching up from what was missed.
Sold, STC!
On the market for less than 10 days.
Home information packs to speed up conveyancing.
Don't believe the blockchain hype!

If you've enjoyed this podcast, please tell someone else about it.

Episode 44: Apply due diligence to property training

simon@thebusinessofproperty.com (The Business of Property) — Wed, 30 Sep 2020 06:00:00 +0100

Stuart and Simon actually manage to chat about property training, without getting sidetracked. Listen to last weeks episode for the first part of the property training chat, then get the deeper dive in this episode.

The discussion this week includes:

Continuing from last week about property training.
Some years ago Stuart attended a Property Protege course.
Do due diligence before choosing training.
On the job/property training.
The Property Entreprenuer book.
It's important to understand: what is it you want to get from training?
Value from content: 7/10.
Time vs money = DIY research vs training.
No training is going to make you a millionaire in 90 days.
Even "reputable" training included an up-sell at the end.
Be clear about why you've chosen that training course.
That may mean some background learning before you start any training.
Mentorship can be another good option for property education.
Check their qualifications and experience.
Searching on Property Tribes is a good start for due diligence.
Try online property forums while physical property events are limited.
Lots of free resources are available from Property Hub.
Don't use debt to pay for training - put in time and find free resources instead.

If you've enjoyed this podcast, please tell someone else about it.

Episode 43: From property training to running viewings

simon@thebusinessofproperty.com (The Business of Property) — Wed, 23 Sep 2020 06:00:00 +0100

Simon and Stuart attempt to talk about "property training" and "property courses" but accidentally end up chatting about doing your own viewings for prospective tenants and the apparent high demand for London short term lets.

This week's conversation covered:

Being a (lapsed) certified landlord.
The NLA, RLA and now the NRLA.
Continuing professional development (CPD).
As a landlord, there are some responsibilities that you cannot outsource.
Stuart's studio flat in Kingston is still for sale.
Self-letting via Visum.
A viewers surprise that a property looks just like the listing!
Short term letting while trying to sell.
Doing your own tenant referencing.
High demand for a furnished, short term let.

If you've enjoyed this podcast, please tell someone else about it.

Episode 42: Changing eviction landscape

simon@thebusinessofproperty.com (The Business of Property) — Wed, 16 Sep 2020 06:00:00 +0100

Stuart talks about his problem tenant situation and the current tenant eviction rules which seem to be the subject of weekly government announcements at the moment.

The discussion this week includes:

Problem tenants, of the not-paying kind.
Changing eviction notice periods and rules.
Communication is key.
The new normal is (generally) six months notice.
There are some notice period exceptions though!
Tenants need to take ownership and communicate to make new plans.
Scotland's tenant hardship loans for rent arrears.
Should landlords be left holding the can.
The business of property does have inherent risks that must be accepted.

For the keen eared - the change in sound near the end was due to a recording issue and Stuart needing to repeat what he'd said, not because we had to cut out a long rant!

As predicted, there have indeed been more eviction rule changes since we recorded.

If you've enjoyed this podcast, please tell someone else about it.

Episode 41: Property is a long term game

simon@thebusinessofproperty.com (The Business of Property) — Wed, 09 Sep 2020 06:00:00 +0100

Stuart and Simon chat about their (very) long-term goals and how their portfolios might change as they get older, perhaps even providing a form of "exit strategy".

This week's conversation covered:

Simon's property in Brighton in finally for sale. There's also a virtual tour.
Stuart talks about the change to looking for cash buyers.
Investors from Hong Kong seems to be a noticeable thing, including numbers registering for Property and Tenant Manager.
An overrunning and challenging project.
Slower market than expected.
Our take on exit strategies from The Property Podcast.
Longer term, pension scale, goals and strategy.
Growing a property business for institutional investors.
Adjusting a portfolio for simplification.
Turning towards paying off mortgages.
How stable is the property market (and world).
Property is a long-term game.

If you've enjoyed this podcast, please tell someone else about it.

Episode 40: Leasehold pains (vs freehold)

simon@thebusinessofproperty.com (The Business of Property) — Wed, 02 Sep 2020 06:00:00 +0100

Which should you buy - leasehold or freehold? Simon and Stuart discuss their experiences and evolving thinking on this important property decision.

This week's conversation covered:

Tales of woe in leasehold blocks.
Lease extensions.
Share of freehold.
Reverse freehold.
Unexpected leaseholder costs and challenges.
A converted flat with the building freehold.
Using a management agent for block management/maintenance.
Choosing your (property) challenges.

If you've enjoyed this podcast, please tell someone else about it.

Episode 39: Don't lose sleep about it

simon@thebusinessofproperty.com (The Business of Property) — Wed, 26 Aug 2020 06:00:00 +0100

Updates and chat from Stuart and Simon; talking about title changes, selling and dealing with cladding on flats.

The discussion this week includes:

Creating two properties from one - title splitting.
The wonders of bank communications.
Delays at the Land Registry.
Simon has decided to put a property on the market (listing not live in time!).
Stuart also has two properties for sale: studio flat in Kingston and a 2/3 bed flat in Croydon and is seeing some interest.
Regional price variations.
EWS1 form - External Wall Fire Review.
"Don't lose sleep about it" - from a bank.

If you've enjoyed this podcast, please tell someone else about it.

Episode 38: First R2R (rent-to-rent)

simon@thebusinessofproperty.com (The Business of Property) — Wed, 19 Aug 2020 06:00:00 +0100

Simon opens with his "extensive" updates before Stuart and Simon chat a little about title splitting and lots about rent-to-rent.

The chat this week includes:

Title splitting mortgage mechanics.
Finding opportunities with a "rent-to-rent campaign".
How rent-to-rent can work for both the owner and R2R-er.
Quick R2SA and R2HMO explainer.
Details to consider when starting a R2R project.
How Article 4 HMO restrictions can change the dynamics.
Sharing costs in a R2R project.
Stuart still has two flats on the market: studio flat in Kingston and a 2/3 bed flat in Croydon.

Make sure you're subscribed in your favourite podcast software to get our next episode early.

Episode 37: HMO refurb deep dive

simon@thebusinessofproperty.com (The Business of Property) — Wed, 12 Aug 2020 06:00:00 +0100

This week is a deep dive into Stuart's current HMO refurbishment project.

The discussion this week includes:

Refurbishing an underperforming student HMO into a trendy young professional HMO.
Creating an environment that tenants like living in and want to take care of.
A detailed walk through of the property with room by room changes.
Going for an "industrial" feel.
Removing, moving and adding walls.
Oddities of split/mid level rooms.
Feature decorations.
Kitchen selection, complete with anti-viral copper handles.
Attracting the highest room rates.
Considering a "live wall".
Early furniture thoughts.

Please make sure you're subscribed in your favourite podcast software to get out next episode first.

Episode 36: On your tenth, it's a lot easier

simon@thebusinessofproperty.com (The Business of Property) — Wed, 05 Aug 2020 06:00:00 +0100

The property chat this week starts with stamp duty holidays and wanders through Land Registry title changes and on to selling a couple of flats.

The discussion this week included:

The stamp duty "holiday" has changed Simon's plans.
How do you correct a Land Registry title plan.
Stuart has completed his (long running) title split.
The first time you do it, there's going to be a big learning curve.
Mandatory HMO property licensing.
Stuart has a great studio flat in Kingston for sale. Initial interest has been good.
Stuart is also testing the market for a 2/3 bed flat in Croydon.
Estate agents seem to be very busy.
Viewing an empty flat is quite easy, even in Covid times.
More utility supplier woes.

Please leave us a rating and review if you're enjoying the show.

Episode 35: Property market stats

simon@thebusinessofproperty.com (The Business of Property) — Wed, 29 Jul 2020 06:00:00 +0100

Stuart and Simon talk stats. Comparing the property market in 2020, with all it's ups and downs, to the much more steady 2019.

Included in this weeks discussion (and see below for the graphs):

Three interesting graphs based on data collected by PaTMa's price history browser extension.
30% fewer properties currently on the market.
Three key phases of 2020 are clearly visible:
- "Boris bounce"
- Covid19 era
- Lockdown easing
90% fewer properties being brought onto the market.
Can school holidays be seen in the data.
The total number of properties compared to 2019 has still been falling.
Nearly 50% more properties leaving the market in January 2020.
Nearly 40% higher (than 2019) leaving rate as lockdown eases.
Are all properties "on the market" really available.

Graphs being discussed:

If you can't see the graph images above, you can click these links to view each graph:

Please leave us a rating and review if you're enjoying the show.

Episode 34: Getting ready to sell (and buy)

simon@thebusinessofproperty.com (The Business of Property) — Wed, 22 Jul 2020 06:00:00 +0100

Simon and Stuart talk over Stuart's updates and recent experiences with estate agents, banks and more.

The discussion this week included:

Agent experiences and choices getting ready to sell.
Capital Gains Tax and possible off-sets.
Purple Bricks vs local agents.
Successful valuation.
Bounce Back Loan gets raised (again) by a bank - Stuart manages not to swear!

Please leave us a rating and review if you're enjoying the show.

Episode 33: So what if it drops 20%

simon@thebusinessofproperty.com (The Business of Property) — Wed, 15 Jul 2020 06:00:00 +0100

Stuart and Simon chat about their thinking as they approach a changing property market outlook, and how they could approach it better.

Recorded on Tuesday 7th July - before the Summer Statement!

The discussion this week included:

Stuart's words linger in Simon's thoughts!
Cash reserves make for a stronger position to offer from.
Possible implications of a stamp duty "holiday".
Simon is wrong about the stamp duty reduction applying to investors!
Should you try to "time the market".
Property paperwork can take a long time.
"When you're inside the bottle, it's hard to read the label."
Anecdotal property market stats from PaTMa's price history extension.
When will people start talking about the recession.
Should predicted price drops stop you from buying.
Choosing mortgage products to fit market forecasts.
"So what if it drops 20%!"

Please leave us a rating and review if you're enjoying the show.

Episode 32: Remortgages with vegeballs!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 08 Jul 2020 06:00:00 +0100

Simon and Stuart would like to know what you always "accidentally" pick up when visiting IKEA? They also talk a bit about property, especially student HMOs.

Some of topics and links from this week:

Remortgages.
Spending on a young professional refurb.
Solicitors involved in title splitting.
Why split a 13-bed freehold title.
Trends in student accommodation - occupancy rates in larger HMOs.
Cinema rooms, art rooms and gyms.
PBSA - Purpose Built Student Accommodation.
How Stuart's flip project has been reconfigured to gain a bedroom (or two).
Random IKEA purchases - bamboo, kitchen utensils or something else? Please let us know!
Croydon selective licensing.
Council licensing data is available on PaTMa.
IKEA Vegetable balls!

Please leave us a rating and review if you're enjoying the show. Or let us know what you always manage to pick up unexpectedly when visiting IKEA?

Episode 31: Progress on 2020 goals (vs Covid-19)

simon@thebusinessofproperty.com (The Business of Property) — Wed, 01 Jul 2020 06:00:00 +0100

Stuart and Simon revisit the goals they set for 2020 and reflect on their progress, including how Covid-19 has impacted them.

Some of topics and links from this week:

Our 2020 goals episode.
Our property investment terms episode.
Remortgaging with loan to value, rental cover and stress tests being mentioned.
Risk of having a higher mortgage vs the risk of having less cash in the bank.
Students vs young professionals for HMO rooms.
Managing HMO heating with Time:o:stat.

Please leave us a rating and review if you're enjoying the show.

Episode 30: Property obsessions

simon@thebusinessofproperty.com (The Business of Property) — Wed, 24 Jun 2020 06:00:00 +0100

Simon and Stuart chat about some of the recent enhancements in Simon's property software (PaTMa) before the conversation wanders onto "property porn"!

Some of the topics from this week:

The new investor focussed Property search from PaTMa.
Using re-listed properties to find motivated sellers.
Have median house prices really gone up during lockdown.
Are relationship "changes" driving rental demand.
Number 1, The Thames
Quirky properties and those for idle curiosity.
Underground farming.
Royal Mail underground museum.
Searching and monitoring planning applications.

Please leave us a rating and review if you're enjoying the show.

Episode 29: Bounce Back Loan = No Mortgage!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 17 Jun 2020 06:00:00 +0100

Stuart shares his ongoing experience with the Bounce Back Loan Scheme (BBLS) and how it's now interacting with his latest mortgage application.

Some of the topics from this week:

TMW use a bounce back loan to turn down an application.
Are lenders being over cautious.
Missing tenants.
Is there, will there ever be, a cap on the price small properties can reach.
Universal Credit tenants as an investment strategy.

Please leave us a rating and review if you're enjoying the show.

Episode 28: HMOs are dead!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 10 Jun 2020 06:00:00 +0100

HMOs are dead! Or are they? Simon and Stuart explore the topic.

No spoilers this week, you'll have to listen to find out what Stuart and Simon think the future may hold for houses of multiple occupation.

CBILS and Bounce Back Loans also get a mention.

Please leave us a rating and review if you're enjoying the show.

Episode 27: The property market as lockdown lifts

simon@thebusinessofproperty.com (The Business of Property) — Wed, 03 Jun 2020 06:00:00 +0100

Emma once again joins Stuart and Simon to chat about the current state of the property market now that estate agents are opening up again.

This weeks chatter includes:

Emma has been reading lots of government guidance to make sure that Estate Agents Hub is ready to function while keeping everyone as safe as possible.
Virtual viewings come in a few flavours, some with music!
Property transactions put on hold by Covid-19 have rapidly sprung back to life.
People earlier in the process seem to be more mixed.
What are prices doing right now.
Will more people be wanting to move to the countryside.
Working from home being a long-term change will affect home priorities.
Fun and games in the property portal space.

Note: this episode was recorded on the 22nd May.

Please leave us a rating and review if you're enjoying the show.

Special Guest: Emma Halliwell Marks.

Episode 26: It's all about rent

simon@thebusinessofproperty.com (The Business of Property) — Wed, 27 May 2020 06:00:00 +0100

Stuart and Simon discuss their rent receipt situations, shaky airport futures, along with the delights and risks of furlough.

Some of the topics in the chat this week:

Pro-active rent reductions.
The short term future for Gatwick is looking uncertain.
Tenant job losses.
Student rent payments seem better than they could be!
Tenant communication (and difficulties with it).
What will September bring for students.
Is furlough just redundancy in waiting.
Will more people be saving for the future.
Do we actually have more time.
Stuart's flip project is nearly ready, really!
Snagging by paper aeroplane.

Please leave us a rating and review if you're enjoying the show.

Episode 25: Property re-opens, CBILS and BBLS

simon@thebusinessofproperty.com (The Business of Property) — Wed, 20 May 2020 06:00:00 +0100

Simon and Stuart chat about things getting going again in the property world along with their thoughts on CBILS and BBLS borrowing.

Some of the topics discussed this week:

Stuart's refinances seem to be coming back to life.
Will mortgage payment holidays damage your ability to borrow in the future.
The first rule is "Survive!".
When a lender doesn't want to lend, they'll find a way.
Applying for CBILS (Coronavirus Business Interruption Loan Scheme).
Could BBLS (Bounce Back Loan Scheme) be available for landlords.
Why would a property business take CBILS or BBLS.
What would/should a property business use a government loan for.

Please leave us a rating and review if you're enjoying the show.

Episode 24: What can we do in lockdown

simon@thebusinessofproperty.com (The Business of Property) — Wed, 13 May 2020 06:00:00 +0100

Stuart and Simon set out to chat about some positive actions that can be taken to improve your property business during lockdown and end up talking about the power of multiplication.

Some of the topics discussed this week:

Catching up on paperwork and thanks to PaTMa, having property tax return figures are ready to go.
Having a very pleasant chat with HMRC.
Review your mortgages, don't let them languish on standard variable rates (SVR) - PaTMa can help with automated reminders.
1% is not a small number!
Getting a handle on all the other records, certificates, etc that a property business needs to function properly.
Investing a long day on utility bills to help take control of costs.
Can companies like Look After my Bills be useful to make life, staying on top of utility costs, easier.
The Big Deal also gets a mention for finding cheaper utility supplies.
The profit comes from the final room.
Multiplication is deceptively powerful.

Please leave us a rating and review if you're enjoying the show.

Episode 23: A lot has changed!

simon@thebusinessofproperty.com (The Business of Property) — Wed, 06 May 2020 06:00:00 +0100

In this update episode, Stuart and Simon chat about what's been changing in their property businesses in recent weeks.

Some of the topics covered in the chat:

Stuart has experienced finance options being withdrawn.
Building works have stopped - due to isolation needs!
Trying to get up-valuations from a "desktop valuation" is tricky.
Simon's experiences with rent payments during lockdown.
PaTMa is still making improvements, now supporting Scottish and Welsh stamp duty. Complete with automatic detection from the postcode for the property browser extension.
An experience with the great people working in the NHS.

Please leave us a rating and review if you're enjoying the show.

Episode 22: Our stories, part 2

simon@thebusinessofproperty.com (The Business of Property) — Wed, 29 Apr 2020 06:00:00 +0100

The second, and final, part of Simon and Stuart's property back-story, continuing their "how" from part 1.

Some of the topics in the chat covered:

Were things planned?
Making crazy goals.
A lot of property learning is actually business learning.
Dealing with a student non-payer.
A buying-with-tenants experience.

Episode 21: Our stories, part 1

simon@thebusinessofproperty.com (The Business of Property) — Wed, 22 Apr 2020 06:00:00 +0100

The first part of Stuart and Simon's property back-story, starting with "Why?".

Why?

Why was property the business that they each chose? Simon and Stuart have very different answers!

Stuart gets in a mention that some of his story is also available on Executive Juice - another excellent business podcast!

When?

Simon discusses the difference between being "just" a landlord and being a deliberate property investor. Simon's property journey began in 2002.

Stuart's property journey began in 2007. Both of them stepped up to being an investor a few years later.

How?

For Stuart he started with a studio flat before officially starting investment with a 1-bed flat. He then switched strategy and continued with a 5-bed HMO (and then some more).

Simon's route started with lodgers in his own house, expanding to an initial single-let a couple of years later.

Episode 20: Property financing during lockdown

simon@thebusinessofproperty.com (The Business of Property) — Wed, 15 Apr 2020 06:00:00 +0100

Stuart and Simon are joined by mortgage expert Lee to discuss more of the impacts of COVID-19 on the property world, this time with a focus around financing and mortgages.

We chat about all sorts of changes and impacts including:

Mortgage holidays and how lenders are adapting to cope with the demand.
Desktop valuations and their increased role.
Looking for new approaches, maybe with drones!
Enquiries are down, but those that remain are more serious.
All the talk about mortgages is spurring some landlords to use the idle time for remortgaging.
The recent base rate reductions.

Lee's business has been built with home working in mind from the start and he provides some tips on helping to keep your company communications working well with a remote team.

Could this crisis lead to unexpected improvements for business and maybe even the world?

Lee is a director of OnPoint Mortgages.

Note: this episode was recorded on the 31st March. Thanks to Simon's son for the audio version of the pre-episode reminder of this!

Special Guest: Lee Langley.

Episode 19: Customer service first in estate agency

simon@thebusinessofproperty.com (The Business of Property) — Wed, 08 Apr 2020 06:00:00 +0100

Emma returns to join Simon and Stuart, chatting about why and how she got started in her property business.

Discussion topics include:

Emma's two businesses - speech therapy and Estate Agents Hub.
Getting to know your customers, being open and honest, always putting them first.
The science and non-science of property valuations.
Being super flexible for the benefit of customers while balancing family with work.
Taking children on viewings!

Note: this episode was recorded before the COVID-19 lockdown.

Special Guest: Emma Halliwell Marks.

Episode 18: Keep moving forwards

simon@thebusinessofproperty.com (The Business of Property) — Wed, 01 Apr 2020 06:00:00 +0100

Simon and Stuart are settling into the new lock-down normal, struggling to keep track of the days, but otherwise still moving forwards with their property businesses.

Following the supposed shutdown of the property market, Stuart still seems extremely busy. With valuations, refinancing, building works and title splits there's a lot going on! And it's almost all continuing at almost full steam!

Stuart and Simon discuss how current technology is allowing many to continue with life and work despite the social distancing requirements. It is a shame about all the zombie mailing lists being resurrected though.

The world is changing but it's still spinning. Property, business and life all continue to move forwards.

Please do get in touch and share your experiences of the property business in the these strange times.

For video conference technology we recommend Jitsi which is completely free and based on open source software, and Zoom.

This episode was recorded (remotely) on the 27th of March 2020.

Episode 17: A new property landscape

simon@thebusinessofproperty.com (The Business of Property) — Wed, 25 Mar 2020 06:00:00 +0000

Stuart and Simon chat about updates in their property businesses, especially in light of the rapidly and drastically changing world we currently live in!

(Please accept our apologies for slightly more background noise than normal on this episode.)

Note this episode was recorded several days before release and before the most dramatic "lockdown" imposed early this week!

What does the current world situation mean for Stuart's flip project that's just been finished and is now ready to be marketed.

Do you have an emergency fund? How safe or strong is it looking now?

Simon's update is more virus-free - an exciting update to the free PaTMa Property Tools browser extension.

Episode 16: Has the property market caught COVID-19?

simon@thebusinessofproperty.com (The Business of Property) — Wed, 18 Mar 2020 06:00:00 +0000

Simon and Stuart are joined this week by Emma! Given everyone is talking about the current virus outbreak, we thought we'd join in. The conversation covers what's happening already in the property world as well as what might be coming.

Sales transactions are being cancelled, viewings are down and those that do happen are more difficult. But there are video tours!

Stuart's flip project is nearly ready to come to market and he's refusing to be down-beat about his future with the property.

The property market started really well in 2020 - with a significant increase in the number of buyers around, especially those looking to move out of London.

How do you move house if you're in lock-down? Those who've recently exchanged with a set completion date coming up might have to find out!

What can a landlord do if/when their tenants simply don't have money to pay rent due to COVID-19? Could we handle it like we normally would or does it have to be different because it's happening en-masse?

Can the impact on the future of the property market be predicted? Can we even predict how long it will be before life gets back to normal?

Everyone should be planning now, prepare your business while there's time - to both weather the storm and be ready to make the most of the recovery afterwards.

Emma's property business is The Estate Agents Hub.

The official Government information on COVID-19 is here.

Special Guest: Emma Halliwell Marks.

Episode 15: Our property financing

simon@thebusinessofproperty.com (The Business of Property) — Wed, 11 Mar 2020 06:00:00 +0000

Stuart and Simon talk about financing property and how they do it.

Simon's oldest mortgage is actually still a residential one with consent to let and it's an old mortgage! In fact his oldest two mortgages are both very low trackers which makes them hard to give up, despite the potential to extract further funds.

Stuart doesn't have any old mortgages! He's strictly a short term, fixed rate, mortgage user. Aiming for maximum flexibility at minimum cost. He has even chosen flexibility and avoiding ERCs (Early Redemption Charges) over a cheaper rate at times!

Simon and Stuart compare their typical LTV (Loan to Value) rates and discuss what a high LTV can mean. Is it safe and when does it matter?

The discussion moves on to bridging finance - how is it different from a traditional mortgage? Typical rates and the application process are discussed along with other factors.

Episode 14: Updates and angel investing

simon@thebusinessofproperty.com (The Business of Property) — Wed, 04 Mar 2020 06:00:00 +0000

Stuart and Simon provide updates ranging from football coaching to property angel investment.

Simon is soon expecting his money back from a small angel investment project. Stuart and Simon discuss many of the aspects around making angel investments in property companies - effectively an unsecured loan to that company. Why would you? How does it work?

Is there actually a "Boris bounce" in the early 2020 property market?

The 18-year property cycle gets a mention in relation to a recent Property Hub podcast episode.

Episode 13: Property strategy terms, glossary 2

simon@thebusinessofproperty.com (The Business of Property) — Wed, 26 Feb 2020 06:00:00 +0000

What can you do with a property?

Buy it!

Stuart and Simon cover a few terms around various property investment strategies:

Buy to sell (also known as "flipping")
Rent to rent (R2R)
- Rent to HMO (R2HMO)
- Rent to SA (R2SA)
Below market value (BMV) - does it exist?
- Off market sellers
- Motivated sellers
Buy to let (BTL)
- Single let / vanilla BTL
- House of Multiple Occupation (HMO)
Article 4 / HMO planning permission
Serviced Accommodation / Holiday Lets / Short term lets
Buy refurbish refinance (BRR)
"Light" refurb
Back to brick
No money down (NMD) / No money left in (NMLI)

Episode 12: Property investment terms, glossary 1

simon@thebusinessofproperty.com (The Business of Property) — Wed, 19 Feb 2020 06:00:00 +0000

A starter glossary for some of the "stuff" that we talk about in property.

Have your calculators ready to follow along as Stuart and Simon discuss and define a number of the basic financial terms that are commonly used in property investment.

The key terms covered in this episode are:

Yield of the "gross" and "net" form.
Mortgage, along with Loan to Value (LTV).
Return on Investment (ROI), or should it be Return on Capital Employed (ROCE)?
Stamp Duty Land Tax (SDLT).
Royal Institution of Chartered Surveyors (RICS).
Cash flow.

There's also a slight diversion discussing the property holy grail - a deal with no money left in!

Episode 11: Property valuations

simon@thebusinessofproperty.com (The Business of Property) — Wed, 12 Feb 2020 06:00:00 +0000

One property, two estate agents, 150k difference in valuation!

Simon and Stuart discuss property valuations, from estate agents, RICS, their own guesses and Zoopla. Wherever the valuation comes from, it can have a big influence on how your property is perceived in the market.

Episode 10: Time management

simon@thebusinessofproperty.com (The Business of Property) — Wed, 05 Feb 2020 06:00:00 +0000

Where do you spend your time? How do you know? How do you plan your future time?

Simon talks about his obsessive tracking of time, using Toggl and a helper app that makes switching between common items really quick.

Stuart discusses his time planning strategy and how the 12 Week Year approach has helped. It's important to focus on "the big things" rather than letting your time get filled up with all the little things.

There's a quick mention of using PaTMa to provide reminders for fixed rate mortgage expiry and of Stuart's other podcast, Executive Juice.

Books mentioned:

Episode 9: Changes for landlords in 2020

simon@thebusinessofproperty.com (The Business of Property) — Wed, 29 Jan 2020 06:00:00 +0000

Every year brings new regulations and changes to the property market. Stuart and Simon discuss some of the changes landlords need to be aware of that are coming in 2020. With only a few distractions along the way.

The landlords changes in 2020 discussed are:

All rental properties (including those with existing tenancies) must have an EPC rating of at least EPC E from April.
- The EPC Register site.
Section 24 will be in full effect from April (the new tax year), meaning finance costs such as mortgage interest can no longer be claimed as an expense against rental income.
- PaTMa provides a free buy to let profit calculator that includes Section 24 estimates (make sure you scroll down). There's also a re-mortgage version of the buy-to-let calculator that can be used for existing properties or entire portfolios.
The Tenant Fees Act 2019 prevented new tenancies from charging tenant fees, but where existing tenancy contracts included fee-charging clauses, those fees would still be due. From June 2020 these clauses are no longer valid and even existing tenancies can no longer charge fees.
- PaTMa has a free deposit calculator and the official Government guidance on the Tenant Fees Act is here.
It looks likely that Section 21 is going to be removed at some point (probably not finalised in 2020).

There are a number of articles around listing these and other changes for landlords (and letting agents) in 2020. A couple of example are these from OpenRent and Letting a Property.

Episode 8: SDLT exceptions and selling tenanted

simon@thebusinessofproperty.com (The Business of Property) — Wed, 22 Jan 2020 06:00:00 +0000

Stuarts talks about his ongoing experience with the legal ombudsman about a potential SDLT overpayment.

Simon discusses (very little) progress on selling a property a property which spawns a chat about being fair to tenants (and landlords) when trying to sell tenanted properties.

Episode 7: Goals for 2020

simon@thebusinessofproperty.com (The Business of Property) — Wed, 15 Jan 2020 06:00:00 +0000

Happy New Year! Let's set some property goals.

Simon and Stuart both actually managed to take a rare break from property and work (but not family!) over the Christmas period. Of course it wasn't 100% restful - a leak did feature.

Sell, buy, buy, buy and focus; are the key plans!

Books mentioned:

The sound quality on this episode is especially poor. I'm very sorry, audio editing is still a bit new to me!

Episode 6: Flipping flat and other podcasts

simon@thebusinessofproperty.com (The Business of Property) — Wed, 18 Dec 2019 06:00:00 +0000

Stuart provides an introduction and update for his latest purchase - a flat that he's adding a bedroom to with the intention of flipping it.

There's a fleeting mention of the ongoing market uncertainty and then it's onto talking about other property podcasts:

Inside Property Investing
Executive Juice
The Property Podcast
- Contropreneur episode and Mike's videos
- Starting property investment with 20k, Stuart got started with a 73k property and that was a better learning experience than an expensive training course!
Property Jam
Serviced Accommodation
- Serviced Accommodation Secrets
Noah Kagan Presents
The Missing Cryptoqueen
- Serial
Business over Beers

Episode 5: Remortgage update and slow transactions

simon@thebusinessofproperty.com (The Business of Property) — Wed, 11 Dec 2019 06:00:00 +0000

Simon provides an update on his investment plans, or rather lack of them, for the moment.

The discussion wanders through the considerations and calculations when releasing equity to fund further investment and the returns that need to be achieved. Then onto remote investing, potential deals that hang around for a long, long time and taking on property challenges. Somehow the chat progresses to an update on a property in Reigate that keeps selling and falling through and ends up with talk of a restaurant that's closing down.

Episode 4: HMO vs single let

simon@thebusinessofproperty.com (The Business of Property) — Wed, 04 Dec 2019 06:00:00 +0000

HMO vs Single Let!

Stuart and Simon discuss the merits, or not, of their chosen (primary) property investment strategies.

Episode 3: Auction results and remortgaging

simon@thebusinessofproperty.com (The Business of Property) — Wed, 27 Nov 2019 06:00:00 +0000

Stuart and Simon discuss auction results, recent and from the more distant past. With a wider chat about "reading" auction rooms.

Simon talks about potentially remortgaging to pull out some equity to provide new deposits, with the basic financial details around that. Followed by a slightly deeper discussion about mortgage options, loan to value and rental cover stress tests.

Simon can't do mental arithmetic, he wrote the PaTMa BTL profit calculator instead!

Stuart runs through the figures on one of his HMO investments.

Episode 2: Viewing properties

simon@thebusinessofproperty.com (The Business of Property) — Wed, 20 Nov 2019 06:00:00 +0000

Simon and Stuart chat about what they look for when viewing properties. That leads onto a little about each of their chosen strategies and how that effects the type of property they look for.

Episode 1: Potential investments

simon@thebusinessofproperty.com (The Business of Property) — Wed, 13 Nov 2019 06:00:00 +0000

Stuart and Simon talk about some properties that they've recently viewed as potential investments.

Stuart has viewed a ex-convent and Victorian house that's currently flats, both coming up for auction.

Simon also talks about a house that's currently split into flats, seemingly the left-overs after it's garden had been built on. Plus a grade II listed Tudor house that's interesting but difficult to imagine an investment scenario for.

They discuss renovations, HMOs and current property pricing.