10 Reasons Why Buy-to-Let Property Investment is Dead in London
ฝัง
- เผยแพร่เมื่อ 9 ก.ย. 2024
- In this video, we dive into the top 10 reasons why buy-to-let property investment in London is no longer a viable option. We cover all the critical factors driving investors away from the London market. Whether you're a seasoned investor or considering your first property purchase, this video provides essential insights you can't afford to miss. Watch now to understand the current landscape and make informed decisions about your property investments. Don't forget to like, comment, and subscribe for more expert real estate advice and market updates!
#BuyToLet #PropertyInvestment #InvestmentTips #PropertyMarket #LandlordAdvice #RentalMarket #PropertyTrends #InvestmentStrategy #HousingMarket #UKProperty #PropertyAdvice
Commercial Property 8-Week Training Course:
www.succeedinp...
12 Month Commercial Property Mastermind Programme:
www.succeedinp...
Join us at this months Baker Street Property Meet:
Network with 300+ property investors at the UK's No 1 Property Networking Event
Book your place now: www.bakerstree...
🗣️FOLLOW ME ON SOCIAL MEDIA:
Instagram: / ranjanproperty
LinkedIn: / ranjanproperty
Tik-Tok: / ranjanproperty
Facebook: / ranjanproperty
🔔 Subscribe for weekly content: / @ranjanbhattacharya-su...
#commercialproperty
#buytolet
#propertyinvestment
#propertyinvesting
#bakerstreetpropertymeet
#ranjanproperty
#ranjanbhattacharya
#succeedinproperty
Disclaimer:
The content provided on this channel is intended for informational and educational purposes only. We offer general pointers and insights, but we do not provide personalised advice. It is important to understand that the information shared in our videos is accurate to the best of our knowledge at the time of their release, but it may not be applicable or up-to-date at time of viewing.
Viewers are encouraged to seek professional advice and consult with their own advisors to determine the applicability of any information or guidance provided on this channel to their specific circumstances. We do not accept any responsibility for actions taken based on the content presented here.
Please use your own discretion and critical thinking when applying any of the information shared, and keep in mind that individual situations can vary significantly. Remember that the content on this channel is not a substitute for professional advice.
I purchased in London 2 decades ago so the outlook seems ok to me. My combined tenants (4)income of £110k+ could not purchase the house even with £200k deposit. My point: as rental stock is reduced, these types of tenants will need to move outside the m25 and commute longer to get to work.
That’s what I thought, it means higher rent, if you can do it, then the yield will have to just go up!
Average is wrong. London is too big to average. East is vastly different to West. On this side of road it's 300k average, on the other side 1 million. That's london.
Here’s the dilemma… If you sell up, that’s 24% capital gains tax. How long before you recoup that elsewhere?
Exactly !
What if that tax today is cheaper than what it will be in the future?
But most of reasons also applies to the whole country, not only London, is it?
"to be fearful when others are greedy and to be greedy only when others are fearful"
In London they have room size accommodation thing which I wasn't aware off. In one std 3bed london property I am only allow to keep 2 adults and one child under 10.
London's high value properties (>£1m) are included in your analysis which significantly skews your conclusions.
That's why my heart sunk on the say Labour government got in 😢
What’a a typical buy to let property in London? There are plenty 2/3 bed apartments/ houses around 500k in zones 4/5/6.
Ranjan speaks so much sense 👊
15:40 The return on equity story makes sense
All our family have sold up in london for the home counties as now to costly.
I’m an accidental landlord who used to live in the property. While most of the value increased while I lived there, the market is stagnant. This means that every year, I lose more in capital gains liability. 😢
Move back,
Have 3 buy to let stick to one bed flat with £100,000 mortgage.
Difficult to divest with many constraints e.g. cladding concern
Its too late to complete before the October budget anyway?
Successive governments have targeted buy to let landlords, when many landlords get out of the market, there will be chaos and another government will bring in incentives.
Things change and people with properties to let out have to review their position constantly and decide what to do.
BH, not sure that there would be chaos, but, regardless, I struggle to think why any government would incentivise landlords. Why? There are no nett votes in it! Tenants will always outweigh landlords.
Corporations will take their place
The large corporations will snap up property and there will be no going back.
@@johnporcella2375they eventually will incentivise landlords because the country needs rental accommodation
Couple of things: Dagenham £285k rental £2.2k SDLT: 12-15k
What’s the issue
Leyton: £550k rental: £3.1k
Can’t remember SDLT
Walthamabbey: £385k rental £2k SDLT can’t remember
Stratford: £800k rental £4.7k SDLT can’t remember
Canary wharf: £800k rental £3k SDLT: £70k roughly
Can you see the problem which I am facing: don’t go to Canary Wharf!
I bought Stratford 3 bed, but if I wanted to sell it would only attract £380 - £400k
very helpful information as always. thank you
can you list out the 10 reasons ?
This is what i have been telling everyone.
Buy in Holyhead, where property price is very low so the yield is rocket high!!! And there is no 3% surcharge and there are plenty choices (because virtually no buyers).
So buy to let at Holyhead then
Yeh Probably one of the remotest places in the UK. Not many people want to live in Holyhead unless your'e Welsh.
The UK is beyond stagnation
Very depressing… no solutions
Good analogy of historic performanc Prof
Just in London?
What about other parts of the country? Should I keep out of BTL or try my luck?
Hod on . Video on that coming shortly
@@ranjanbhattacharya-succeed7617 please
Stock market better
I am thinking to sell mine
Good news
True
I want to sell my flat which I bought for buy to let.
No worth it if you are higher tax payer. Time and money waste. Buy to let really deal not only London.
We get decent yields outside London but capital growth are not increase.
Non-London capital growth has lagged behind London historically, but my personal view is that it will catch up in the long term, in % terms.
London capitals appreciation high
No mate. I used to be, not any more.
@@sirrodneyffing1évidence ?
😂😊
Ha ha you wasn't saying this last year you was telling everyone prop was the best thing in on the planet 😂😂 next you will be changing your name to ginger
He can change his opinion, in fact by doing so, he reflects what’s happening in the market.
@@tundeuk yes I was telling him about that was coming he didn't lis listen and now he's changed his mind 😂
@@michaelotoo5543Fair play.