Manchester Property News

David Boyd, Managing Director, PAD4U Estate and Letting Agents Manchester writes:

The banks have been busily rebuilding their balance sheets, more precisely their capital ratios i.e., their savings/loan ratios and having plenty of liquidity (cash) available to cope with the difficulties in the global economy.

This ...

David Boyd, Managing Director, PAD4U Estate and Letting Agents Manchester writes:

We have a couple of potential investment properties that landlords may be interested in building their portfolio.

The first is a 3 bedroomed end terrace in Waterloo Street, Crumsall, Manchester.  The property is in need ...

David Boyd, Managing Director, PAD4U Estate and Letting Agents Manchester writes:

I read with disbelief this weekend in the Economist (see article by Schumpeter) that a $300 house was being contemplated, surely this is an impossible feat?  Perhaps, but such unlikely endevours have achieved ...

David Boyd, Managing Director, PAD4U Estate and Letting Agents Manchester writes:

Voids are the Black Holes of property investment, they will suck out your yields and chew them up!  So, although with a great managing agent by your side this post is likely to find you sipping a mai tai ...

We've recently taken on an instruction that might be suitable for a refurbishment project.  The property is a 3-Bed Semi Detached property in Droylden.  Full details can be found here.

David Boyd, Managing Director, PAD4U Estate and Letting Agents Manchester writes:

The chancellor didn't have much up his sleeves this time around, certainly not any money, so the country's expectations were not sky high.  However, the budget had been touted as a budget for growth, and there ...

We're inviting all of our landlords and tenants to join us on Facebook.  Here you will receive up to the minute news, find out about properties before they come on to the market, and we'll be giving away prizes over the year including an IPAD2! ...

David Boyd, Managing Director, PAD4U Estate and Letting Agents Manchester writes:

Buying a repossessed property can present a compelling opportunity.    Repossessed properties are usually priced competitively compared to similar non-repossessed properties.   PAD4U partners with many of the banks (via Asset Management Companies) and sells ...

David Boyd, Managing Director, PAD4U Estate and Letting Agents Mancheste r writes:

There has been a wealth of news regarding UK property prices this week, so lets take a look and see what we can learn.  First up Nationwide reported prices up 0.3% in February, making ...

David Boyd, Managing Director, PAD4U Estate and Letting Agents Mancheste r writes:

I recently caught up with a colleague of mine James Kirkman, who has been working on helping UK property investors invest in the German property market.  Usually I steer well clear of investing in property abroad, ...

David Boyd, Managing Director, PAD4U Estate and Letting Agents Mancheste r writes:

Today a number of changes have now gone live to the secure landlords area of the PAD4U website, that will allow PAD4U landlords to view recent rents received and property balances which are updated ...

Catherine, Fresh Partnership, Mortgage Brokers for PAD4U, writes:

Over the last few weeks I have noticed an increase demand for re-mortgage products, both from residential and investor clients.  This is possibly due to the amount of press speculation that swap rates have increased.  Also, I ...

David Boyd, Managing Director, PAD4U Estate and Letting Agents Mancheste r looks into the crystal ball:

Sales

Predicting the property market, like the weather, can be an embarrassing task.  For all the news stories of property prices over the last year, nothing much happened (prices ended slightly higher over the ...

A  great big thank you to everyone who entered our completion throughout November. We have been overwhelmed by pictures! We have found it very difficult to choose a winner, but ultimately we decided on Basma Ahmad (Age 9). Well done to everyone who entered, a few of the ...

If you didn't know already the Levenshulme Festival is in full swing.  Please visit http://www.levenshulmefestival.co.uk to find out about upcoming events there isn't much time left!  Last night PAD4U were invited to the Levenshulme Traders evening @M19 Bar, which was a great event with local ...

David Boyd, Managing Director, PAD4U Estate and Letting Agents Mancheste r writes:

I have listened to many landlords who have experienced difficulties (and lost money) after not assessing and managing the various risks associated with being a landlord.  I hope this article will help new landlords ...

David Boyd, Managing Director, PAD4U Estate and Letting Agents Mancheste r writes:

The Government plans to cut Housing Benefit have been receiving their fair share of attention by the media recently.  Whilst I applaud any scrutiny of Housing Benefit, I find it difficult to watch or ...

David Boyd, Managing Director, PAD4U Letting Agents Manchester writes:

Paragon have performed well during the recessions and this is bourne out by the fact they expect full-year profit to be at the upper end of analysts forecasts (40.5million-65million).

Perhaps more importantly Paragon's book has performed very well ...

David Boyd, Managing Director, PAD4U Letting Agents Manchester writes:

In my post before the budget I urged landlords not to panic at the talk of 40% Capital Gains Tax (CGT) and a reduction in the tax free buffer from £10,000 to £2,000.  I expected that the propaganda ...