Chester Pin - Property Investors Network

International investors often ask us what the difference is between Chester and Wrexham when purchasing a property. We usually tell them around £78,467 because that's the difference in the average house price! Opportunities are to be had in both of these areas and demand for rental property still remains very strong regardless of what you pay for your property!

It's been a great night at Chester pin!

There is an annual shortfall of at least 246 affordable homes for people living in Flintshire, if you are not sure where to purchase your next investment property, think again. Sometimes we don't see opportunities that are right under our noses!

Summer has gone so looking forward to seeing you all tomorrow for Chester pin!

Magnetise yourself and your business to help attract investors, clients, crowd funding, and joint ventures through social media marketing and networking.
At this month's pin meeting Michael Kalisperas wants to share how he has battled through constant challenges to reach accomplishments he never felt possible, and if he can do it so can you! He will also teach you some marketing techniques that are very useful and that he feels has helped him along his journey. He will also ...touch on crowd funding and why he thinks it is one of the best ways forward in property investing.
During this presentation you will learn:
• Essential marketing and networking tips • How he attracted £347k in 47min through crowd funding (using the right product, marketing) • How he has received over 300k in pledges for other investments. • Smashing through self belief and hurdles (his story)
This is a true and honest raw account of how his property investing journey has been. It has not all been smooth sailing and he wants to be honest. Perseverance is key and focus also important so is educating yourself and networking in the right crowds.
https://youtu.be/1uuBbN9qksU
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Jules Copsey has created Urban Co-Living with her sister Sharon Waring. Together they are passionate about creating inspirational creative co-living spaces that encourage a sense of community and social interaction in this changing landscape of the rental sector. At Urban Co-Living they challenge the status quo and create social environments, so small communities can thrive.
Their vision is to deliver a product for the needs of today’s generation within pre-set budgets, whil...st enhancing the local environment.
Jules will share with you some creative ideas that will increase the desirability of your houses, help you stand out from the competition and appeal to the right tenant.
https://www.youtube.com/watch?v=UYaKn1GJ1 _g&feature=youtu.be
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For September we have an INCREDIBLE prize which is actually one of Simon Zutshi’s personal favourite strategies.... Purchase Lease Options. At the end of October we will be running a six week Purchase Lease Options Bootcamp worth £1,497!
All that you need to do is book for the September pin Meeting more than 72 hours in advance and be in with a chance to win this prize.
Book your place for your September pin meeting now just click the Book Now Button on this page.

**pin Meetings are back after the August break and this is YOUR chance to win a Prize worth £1,497!**
For September we have an INCREDIBLE prize which is actually one of Simon Zutshi’s personal favourite strategies.... Purchase Lease Options. At the end of October we will be running a six week Purchase Lease Options Bootcamp worth £1,497!
All that you need to do is book for the September pin Meeting more than 72 hours in advance and be in with a chance to win this prize.
... AND Memo if you go to more than one pin meeting, each meeting you go to you can enter the prize draw providing you book more than 72 hours in advance!
Book your place for your September pin meeting now just click the Book Now Button on this page.
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So, which city currently offers BTL Investors the best returns in the UK at the moment? Well, according to http://totallymoney.com it is Sheffield following research across more than 2,600 postcodes! Investors can expect a gross yield of just over 11pc, some parts of Aberdeen produce yields of 10.43pc, while Bradford city centre offers 9.18pc returns.
Cheap mortgage deals and high rents are currently helping to boost landlords' profits. Where will you invest next?

Hey, don't forget its gas safety week again soon so remember, only employ a suitably qualified Gas Safe registered engineer when having gas work carried out on your rental properties. The Gas Safe Register is the official register for legally qualified engineers. Check out http://GasSafeRegister.co.uk or call them on 0800 408 5500 if you need advice.

From 1 October 2018, local housing authorities must impose conditions as to the minimum room size which may be occupied as sleeping accommodation in a HMO.
The minimum sleeping room sizes to be imposed are:
 6.51 m 2 for one person over 10 years of age...  10.22 m 2 for two persons over 10 years of age  4.64 m 2 for one child under the age of 10 years
Will your rooms comply?
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Universal Credit replaces six existing benefits (Income-based Jobseeker’s Allowance; Income-related Employment and Support Allowance; Income Support; Child Tax Credit; Working Tax Credit; Housing Benefit or Local Housing Allowance). The new system is based on a single monthly payment (rather than every two weeks) paid in arrears directly to a bank account. Payments include all eligible housing costs meaning that claimants will be responsible for paying their rent themselves.
Has UC been introduced in your area, what is the impact so far?

You only have a few weeks left to comment on Government proposals to introduce a minimum three-year tenancy. Don't forget there would be an opportunity for the landlord and tenant to leave the agreement after the initial six months if dissatisfied. If both landlord and tenant are happy, the tenancy would continue following a break clause. Got something to say? Send an email to PRSLongerTenancies@communities.gsi.g ov.uk

Did you know that the labour party are promoting ‘Healthy Home Zones’ to target areas where housing quality is low, with new landlord licensing powers and penalties? If labour win power, a new £50 million Housing and Health Inequalities Fund and a much clearer healthy homes standard will be high on Jeremy Corbin's to do list. How healthy are your homes?

The gap is closing because the English Housing Survey has revealed that 72% of private tenants were satisfied with the way their landlord carries out maintenance and repairs, compared with 66% of social housing tenants. As landlords, sometimes we wait for tenants to let us know there is a problem so today's challenge is to contact your tenants and find out what needs doing around their home today to make them happy. You may be surprised, most of the time it's the little things that count.

Hmmm, interesting to note that the RICS have reported a drop in the number of rental properties coming to the market as the government squeeze on landlords with new policies on taxes and stamp duty has simply forced some to exit the market. So, a reduction in stock can only mean rent rises which are predicted to go up by 15% over the next five years. Nobody said it was going to be easy for landlords or tenants!

Last Thursday's pin meeting!
See you all in September!

Getting young people back into work through provision of good quality accommodation.