- High rental demand: The West Midlands has a strong rental market, with high demand for rental properties from a growing population and workforce. This can lead to steady rental income for landlords and potentially good returns on investment.
- Growing economy: The West Midlands has a growing economy, with a range of industries such as manufacturing, engineering, and automotive, providing employment opportunities and supporting the local property market.
- Affordable property prices: Compared to other regions in the UK, property prices in the West Midlands are generally more affordable, which can make it a more accessible option for first-time buy-to-let investors. Additionally, the lower entry price point can also result in higher rental yields due to lower purchase costs.
If you are looking to sell or let our your residential property in the West Midlands, contact us today!
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World Earth Day 2024
How to make your home greener? Install energy efficient lightbulbs Use appliances such as air fryers and slow cookers to cook meals Recycle and re-use items, even the smallest bit of plastic can be recycled Conserve water where possible and avoid chemicals going into the water way by disposing of them correctly Take re-usable shopping bags when you go shopping Unplug appliances when you're not using them Hang clothes to dry instead of using a dryer Go paperless on bank/bills We can all play a part in making the world a greener/safer place and making small sustainable changes.
Are you, your friends or family struggling to remortgage? Our in house mortgage advisor can help! There is a new mortgage offer in place whereby the basic criteria is: Must be married, you can use your partners income to top up how much you can borrow. Borrowing up to 70% loan to value Best part is, your partners income does not need to go on the mortgage or application. How does it work? Illustrative example: Mr Smith buys a property in his sole name with an income of £30,000.00 per annum, Mrs Smith is not named on the mortgage however earns £20,000.00 per annum, we use 50% of Mrs Smith income within the affordability. A total income of £40,000.00 to be used in the affordability based on 2 adults living at the property. Miss Johnson wants to remortgage her property and has an income of £45,000.00 per annum, her partner Mr Taylor who is not named on the mortgage but living at the property earns £35,000.00 as a self-employed plumber. A council tax bill is provided as evidence that Mr Taylor resides at the property. £62,500.00 to be used in the affordability Get in touch today to speak to our inhouse mortgage advisor.