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BRR – The Full Breakdown

BRR is a property model that has been widely used by investors for many years now and has grown in popularity in recent times due to its ability to further one’s capital…

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Understanding The Numbers

In order to understand the commercial viability of a property investment, it is important to understand not just the numbers but the nuances of what those numbers represent…

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Deposit Protection

First, I need to write that this article is not meant to act as legal advice in any way, shape or form. We don’t think the law around the holding of deposits is particularly complicated, but we are certainly not qualified to give it advice. The law/rules/guidance around what you can and cannot withhold from a deposit is, well, almost entirely subjective and frankly a can of worms (here is the advice the tenants are getting – link below).   So, the purpose of this blog is a discussion of the nature of deposits and highlight what you should be aware

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How to keep a good tenant.

What Makes a Good Tenant? Good question! I suppose we all have definitions of a good tenant, in our earlier blog, we called a good tenant a suitable tenant. They are, for us, one and the same thing. The word GOOD is too subjective to classify in this instance. We look at a suitable tenant in the same way that we look at a good tenant. A good/suitable tenant is simply one that pays their rent on time and looks after the property. We could take this further and hope that the tenant is communicative and willing to do smaller

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Possession: A Quick Guide

An Overview of Possession – service notice on a tenant. OK, guys, we will apologise in advance, this isn’t going to be anywhere near entertaining. Nevertheless, it needs writing, we are going to, for the sake of continuation get straight to the point, avoid our usual satiric approach and simply get down to business! Shall I, shan’t I? So, after much deliberation and consideration, you have decided that you would like to take back control of your property.  There could be a multitude of reasons for this; but whether the tenants’ departure is benign or not, the strategy considerations will

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Systemising Your Property Business

As soon as you start your property business you should be concerned with making it as efficient as possible. The best way to do this is to systemise your approach. We have laid out an overview of how to achieve this which we hope will give you a clearer idea of the what, where, how and why? Are you crazy? I don’t have a business, I just have a couple of rentals? Even if you currently only have one property and don’t intend to go any further; you should still treat it like a business otherwise it will turn into

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An Overview of Possession – Service notice on a tenant.

* COVID UPDATE (02/2021) – In light of the current CoV-19 situation we strongly suggest seeking professional advice on this matter. However, the bulk of this article is still relevant. — Ok, guys, we will apologise in advance, this isn’t going to be anywhere near entertaining. Nevertheless, it needs writing, we are going to, for the sake of continuation get straight to the point, avoid our usual satiric approach and simply get down to business! Shall I, shan’t I? So, after much deliberation and consideration, you have decided that you would like to take back control of your property.  There

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GDPR – What’s All The Fuss?

So, what is GDPR? The analytical department of WOPT has deduced with great scientific and complete conjectural accuracy that 97.42% of all emails currently received are from companies that you purchased a candle from 12-years ago asking you to stay in touch with them. This is because In the past when you looked online at something like a lightbulb all relevant and often irrelevant companies were informed through data sharing. The outcome was random emails or pop-ups from ‘Lightbulbs ‘R’ Us’, ‘We buy any old lightbulb.com’ and the life and times of Thomas Eddison.  Great news for us, GDPR is

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Making Tax Digital

OK, so you have just sailed through GDPR, used the new stamp duty and tax regime for property income to out manoeuvre your competition; what is the government planning next?  Well, one thing is Making Tax Digital (MTD) also referred to as Real Time Information (RTI) in some press sources. What is the difference between MTD and RTI? Well for the purposes of this article nothing really.  Making Tax Digital (MTD) is the name given to the specific government project whereas RTI is a generic term for any recording of information in a digital format thereby making it more accessible

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