5 Reasons to Invest in Commercial Property in the West Midlands
- Strong economic growth: The West Midlands region has a strong and diverse economy, with a focus on manufacturing, logistics, and technology. This provides a stable foundation for commercial property investments.
- Growing population: The West Midlands has a growing population, which is expected to increase demand for commercial property in the area.
- Strategic location: The West Midlands is strategically located in the center of the UK, making it a great location for businesses looking to reach customers and suppliers throughout the country.
- Affordable prices: Compared to other regions in the UK, commercial property in the West Midlands is relatively affordable, making it an attractive option for investors on a budget.
- Government support: The West Midlands region has received significant investment from the UK government in recent years, including the creation of the HS2 high-speed rail link, which is expected to further boost the region's economy and increase demand for commercial property.
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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.