Property PFA – Page 32 – Just information about property

Reversionary Property Investment

Posted on January 6, 2018 by blogger

When it comes to building a diversified property portfolio, many investors consider a reversionary property investment. Especially beneficial for the medium and long-term, a reversionary property is a good option as it offers a host of advantages. The fact that its unheard of for property prices to decline 50% below their current value makes investing in a reversionary property worth considering.

What is a reversionary property investment?

A reversionary property offers potentially high returns. Reversionary property investing refers to the process where an investor purchases the reversionary interest in another persons property, typically their home. This means they are purchasing the rights to own the property upon the death of the owner or when he vacates. In short, the property reverts to the buyer.

Types of reversionary properties

There are two types of reversionary properties: tenanted and untenanted. Tenanted is when the homeowner stays in the premises while untenanted is when the seller isnt residing in the house. In the second type, the buyer can choose to rent out the property.

How do you obtain a reversionary property?

In a reversionary property investment, you simply buy a residential property from a homeowner at a significantly discounted price usually around 50% of its value, depending on the sellers age and the propertys location and features. Payment can either be made through cash lump sum or in monthly instalments or a combination of both. When payment has been handed over, the homeowner continues to reside in the property as a rent-free tenant with full legal rights to stay in the house.

As long as he continues to stay in the house, he will be responsible for the general maintenance of the property, the utility bills, building insurance premiums and capital tax. Basically, reversion investments are a bet on the life expectancy of the homeowner. Meanwhile, the buyer of the property pays the monthly reversionary annuities until the death of the homeowner. When the homeowner dies or when he decides to leave, the propertys ownership reverts to the buyer.

Who benefits from a reversionary property investment?

Both the homeowner and the buyer benefit from a reversionary property. The homeowner-seller receives additional income in the form of a cash lump sum or monthly payments which could significantly supplement his pension. The setup will also provide him a lease that will endure until he passes away and he is freed from the responsibility of shelling out big payments such as land tax. In addition, he doesnt have to put up with the usual anxiety associated with selling his own property or moving out, allowing him a stable and secure state of mind.

For the buyer, the reversionary property presents an excellent opportunity for him to acquire a property at a huge discount. Most of these reversionary properties are apartments, studio flats, villas and commercial buildings situated in prime spots thus making them well-suited for buy to lets.

A reversionary property investment is certainly one of the least bothersome ways for any property investor to invest.

Why You Need To Start Investing In Commercial Property

Posted on January 1, 2018 by blogger

To most of us, investing in a Residential Property seems to be a more lucrative option as compared to investing in Commercial property for sale or commercial property on lease. However, in reality the scenario is totally different. To know more, let us go through some of the pros and cons of investing in residential property.

Residential Property Investment: Pros It is tax deductible: Most expenses related to Residential property are tax deductible. For instance, the depreciation on the property, property loan are all deductible when you pay your annual tax. This is one of the main reasons why investors often make a beeline for investing in Residential properties instead of commercial property. Money minters: Another advantage of investing in residential property is that you get to make a huge amount of money as and when the value of the property increases. This is particularly true in the case when you invest in a property that is situated in a prime location in various cities. Earn from rentals: An investment made in residential property is an investment for a lifetime. This is because after buying a residential property, you can put it for rent or lease it to a company and earn extra income from the rentals. The cons of investing in Residential property : Why invest in commercial property in Mumbai (and elsewhere ) Rise in interest rates: Many a times, the interest rates of residential property may rise overnight, leaving investors in a lurch. This is not the case with commercial properties and hence, it is a safer bet particularly if you are taking a loan for investment. Bad tenants: Okay, so you give your property for rent and earn extra income. But what if you get really bad tenants/occupants? They may not pay the rent on time, cause damage to your property or even carry out activities that might not go down too well with those living as their neighbors and for that matter you. Commercial property on lease by various companies, won’t encounter such problems. Developing it can take up your time: Many a times, investing in residential property can take up much of your personal time since sooner or later, you might end up using it. This is the reason, you’d want everything to be perfect. Commercial property on the other hand, needs less attention from you as an individual and hence it is a safe bet.

So, these are some of the pros and cons of investing in a residential property. I am sure that after going through them, you might want to reconsider and invest in commercial property in Mumbai. You can either go for commercial property on lease or commercial property for sale – whichever falls within your budget constraints.

Gazeley for sale despite difficult UK commercial property market

Posted on December 28, 2017 by blogger

Asda, the supermarket chain owned by Wal-Mart, the US retailer, could sell its global property development business in a deal that could fetch up to 400m. There are also rumours that Wal-Mart is looking to sell Asda as well.

The company told staff yesterday that it was looking for a buyer for Gazeley, an industrial developer, which will interest rivals such as San Francisco-based AMB and Australia’s Goodman International.

Gazeley is one of the largest industrial property developers in the UK and also operates in a number of other countries, including India, Mexico and China. It was acquired by Wal-Mart as part of its takeover of Asda in 1999.

Formed in 1987, the group operates as a standalone business, but also provides Wal-Mart and Asda with distribution and storage warehouses across the world.

Wal-Mart has picked a potentially difficult time in which to sell a property business, but Andy Bond, president and chief executive of Asda, said: “This is not a core business for us. We have previously had several unsolicited approaches for Gazeley and have now decided to review our strategic options, which might include a sale of the business.”

However, capital values have been in free-fall as fears have emerged over occupier demand. This, coupled with the greater difficulty in securing debt for the deal, means Asda is unlikely to secure a high price.

ProLogis, the US industrial developer, was linked with a bid for Gazeley two years ago. At the time, Asda said it had no interest in selling the company.

A significant part of the value of Gazeley will be its large undeveloped land bank, with more than 20 sites in the UK alone, and more across continental Europe and Asia.

Gazeley is the preferred developer of distribution space for Wal-Mart International, including Asda in the UK and Wal-Mart China. Wal-Mart is understood to be keen to sell the business with guarantees that ensure this strategic relationship continues, which would allow it first choice for prime sites in the future.

Pat McGillycuddy, chief executive of Gazeley, said: -We have produced consistent profit growth over the last five years and developed leased warehouses across Europe in 2007 with an investment value of 325m.

We have a successful business model and a strong management team that will add value to any new business partner.’

Wal-Mart wants to keep existing management in place following the sale if possible.

Businesses for Sale

Delhi Ncr Property Is Hottest Destination Of Real-estate In India

Posted on December 24, 2017 by blogger

Having property in the Metro cities such as Delhi NCR is not a simple task and it can be the particularly the daunting for first timer. Every person wants to be building his house in the metro cities but some time due to the lack of the information about properties we lost opportunities. Now main expensive industry is a real estate thus if you want to buy both property in Delhi NCR you must the aware about several facts. In the National Capital Region thousand of the property dealers are available who get some amounts percentage for each deal. In the NCR cities such as Gurgaon, Noida, Faridabad, Ghaziabad, Delhi are developing the very fast due to the New Delhi and the Employment opportunities.

You want to buy the Property in Delhi NCRarea you must recognize where you spend your money. There are available both types properties like commercial and residential. Types of the residential Properties include apartments, bungalow, flats, villas, plots and commercial properties Shopping, Mall, offices, companies are available but they all are very costly and may be the insufficient as per your require so you must know every property with the details like is it space full and its budget fit on your pocket. In the property in Delhi NCR are many events of fraud happen so it is the better to know generally about of the property you want to the buy. If you sore to buy any properties (The Residential and The Commercial) then you must read these terms as given bellow:—-

Property Dealer should be the registered
Property follows the rule of Government
Property should be the legal
Space of the parking should be available in Society
Transportation services available
Close to the Hospital, Police Station and Railway Station
Proper Water supply available
Proper Electricity supply available
Other points like Gas connection, Security, power back up, society maintenance, lift facilities should be available

Deepchand Saran tells you a property dealer in NCR, who is renowned in property dealers of Delhi NCR and Honesty. Taniyaestate are providing many types properties in the NCR.

Conveyancing Solicitors – Find the correct Commercial Property for business

Posted on December 21, 2017 by blogger

Whether you want to sell your dental practice or buy the corner off-license, or any other business, we can assist you.

We have many years of experience commercial and Conveyancing solicitors acting for both landlords and tenants in commercial transactions, including shop lease, pub lease and licenses. We can help you if you are an owner and your tenant does not pay rent or if you are a tenant threatened with eviction by your landlord.

When acting for you in your commercial transaction, our london lawyers will use sound commercial reasoning to help you achieve your business objectives. We will not simply provide an abstract legal essay.

We strongly believe that every law firm is only as successful as its clients and our work is therefore performed to the highest professional standards. We are always focused on achieving your objectives.

We do not compartmentalise your legal problems, so if during the course of your commercial property transaction it is also necessary to consider, for example the structure of the new company, if this is as a sole trader, partnership or limited liability company, we can most definitely assist you. We can advise you in drafting a suitable partnership agreement or setting up a private company including advising you on the responsibilities of directors and shareholders alike. Going forward we can assist with compliance with the legal obligations of the partnership and the company such as annual returns.

* Partnership agreements
* Commercial lease restauant and licenses
* Sale and purchase of business assets
* Setting up limited companies

If you are interested in finding Conveyancing solicitors , we are here to explain everything you need to know. We are specialists solicitors in london will have expertise different area like Construction legal related or building disputes.