The Business of Property follows the journey of two entrepreneurs working in the property world. Stuart is a property investor with a focus on HMOs, mostly for the student market. He prefers a hands-off approach with most of his investment properties being remote. Simon has a small portfolio of vanilla buy-to-let properties that he mostly self-manages. To make his property management easier he created Property and Tenant Manager (https://www.patma.co.uk/). Simon and Stuart, along with guests ...
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Episode 258: Have you missed this in your budget reviews?
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Simon delves into the recent budget and its implications for UK landlords. Simon focuses on a key and under-reported change affecting smaller landlords. Simon also covers other key budget points, including changes to stamp duty, capital gains tax, inheritance tax, employers' national insurance, and energy efficiency requirements for rental properti…
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Episode 257: Navigating the Complexities of Property Development: Insights on MMC and Viability Assessments
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Simon is joined by Adria Tarrida, co-founder of Viability, to explore modern methods of construction (MMC) and the challenges faced by property developers. Adria explains MMC's benefits, such as reduced on-site construction time and waste, while also addressing its challenges, including land optimization and cost-effectiveness. The discussion highl…
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Episode 256: From Isolation to Community: The Power of Property Networking
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In this episode of the Business of Property podcast, host Simon welcomes Richard Simmons, an experienced property investor and founder of a prominent property networking event. Richard, who began his property journey in 2009, focuses on adding value for resale rather than renting. He discusses the inception and evolution of his networking event, em…
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Episode 255: Analyzing Mortgage Options for Optimal Cash Flow and Wealth Growth
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Simon shares his recent remortgaging journey! He discusses the complexities of comparing two-year and five-year fixed-rate mortgages, focusing on interest rates, fees, and their impact on cash flow and long-term wealth. This podcast is produced in association with PaTMa, the leading application for self managing landlords who want to save time and …
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Episode 254: 8 Reasons to Self Manage your Rental Properties
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Simon delves into the benefits of self managing your rental properties. Simon outlines eight compelling reasons why landlords might opt for managing their own rental properties rather than using letting agents. Simon also highlights useful tools that can aid landlords in self-management. This podcast is produced in association with PaTMa, the leadi…
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Episode 253: Mortgage updates and HMO commercial valuations
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Regular guest Simon Glastonbury, an independent mortgage broker, joins this episode to delve into the current state of the UK mortgage market. Plus a discussion about HMO commercial valuations! Simon and Simon discuss recent trends in interest rates and their impact on buyers and investors. Simon highlights the increased activity among mortgage bro…
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Episode 252: 8 Reasons to Use a Letting Agent
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Simon, delves into the benefits of using a letting agent for managing rental properties. He outlines eight compelling reasons why landlords might opt for professional management services. Simon emphasizes that while self-management has its perks, a letting agent can provide valuable support, particularly for landlords lacking the time, experience, …
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Episode 251: HMO Investment Then, and Now
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Simon chats with Pam Mackenzie about the changing landscape of property investment over the last ten years. They explore the changes in mortgage requirements and property regulations over the past decade, particularly for HMO (House in Multiple Occupation) properties. Pam shares her experiences with her first HMO investment, the impact of new safet…
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Episode 250: The Story of Pam's First HMO Investment Property
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Simon welcomes back seasoned property investor Pam Mackenzie. Pam shares her journey of purchasing and converting her first House in Multiple Occupation (HMO) with her business partner, Tania. They discuss the challenges faced during the purchase, the renovations undertaken, and the successful targeting of EasyJet aircrew as tenants. Pam also delve…
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Episode 249: Analyzing the Property Market: Two Years to August 2024
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In this episode, Simon compares property market data from August 2024 with figures from August 2023 and August 2022. Focusing on listing prices, time on the market, and rental performance, Simon highlights trends such as a real-term decline in property prices and a robust rental market with rents outpacing inflation. He also speculates on future ma…
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Episode 248: Is Self-Managing Tenant Finding Worth the Time and Cost?
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In this episode, Simon delves into the tenant-finding process. He compares the real costs of self-managing tenant finding versus hiring an agent. Simon covers both cash expenses and time investment. Simon outlines tasks such as advertising, tenant inquiries, viewings, and referencing, providing a detailed breakdown of his time spent. Also learn abo…
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Episode 247: 8 Essential Criteria to Future-Proof Your Buy-to-Let Investments
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In this episode, Simon shares his insights on eight crucial factors for long-term buy-to-let investments. He emphasizes future-proofing properties to maintain their value and appeal. Key considerations include ... you'll have to listen to find out! Episode links: Stats on EV sales. Join our email newsletter for a free weekly property market report.…
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Episode 246: Bridging Finance and Mortgage Trends with Simon Glastonbury
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Simon is joined by Simon Glastonbury, an independent mortgage broker with 25 years of experience, to discuss the Bank of England's base rate reduction and its impact on mortgage rates. Simon provides insights into the current mortgage landscape, highlighting anticipated changes and their effects on first-time buyers and investors. The episode also …
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Episode 245: Case Study and Auctions with Julie Condliffe
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In this episode Simon chats with Julie Condliffe, an award-winning property auction solicitor and seasoned property investor. Julie shares her journey into property investment, highlighting a significant early investment in an apartment in Swindon. She discusses the allure of guaranteed rent and the challenges she faced when the promise fell throug…
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Episode 244: Profitable to Precarious: The Reality of Remortgaging BTL Investments
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In this episode of the Business of Property podcast, Simon delves into the current financial challenges faced by UK landlords with buy-to-let properties. Simon discusses the financial strain caused by rising interest rates and changes in tax regulations (Section 24). Simon revisits a previously analyzed investment property, illustrating how increas…
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Episode 243: Boring Property Deals Can Work!
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Simon introduces a successful yet straightforward investment property acquired in 2017, highlighting the simplicity of the process compared to more complex deals discussed in previous episodes. Simon details the process of finding, purchasing, and managing a three-bedroom terrace home in Redhill. Emphasizing the importance of sharing both complex a…
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Episode 242: Investment Property Case Study with Susannah Cole
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Simon welcomes Susannah Cole, an experienced landlord and property investor, to walk through in-depth details of an investment property case study. Susannah shares her journey of acquiring a property in Bristol, previously owned by a hoarder with nine dogs, highlighting the challenges and strategic decisions involved. Learn how Susannah found the p…
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Episode 241: Mortgage Update + Should You Consider Tracker Mortgages?
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Simon and seasoned mortgage broker Simon Glastonbury delve into the current state of the UK property market and the potential impact of the general election on mortgages and finance. They explore the outlook for interest rates, speculate on possible stamp duty changes, and discuss the implications of a base rate cut on fixed rates. The conversation…
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Episode 240: The End-of-Tenancy Tango: Council Tax, Utilities and more
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Host Simon provides a detailed guide on managing the end of a tenancy. Simon addresses a listener's question about handling council tax, utilities, and other administrative tasks, especially for properties owned by limited companies. He shares his own experiences as a self-managing landlord, highlighting the need for effective communication, docume…
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Episode 239: Make £1 million from BTL (Part 2, The Future)
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In this episode, Simon delves into a follow-up discussion on achieving £1 million from a buy-to-let property portfolio, addressing listener questions from the previous episode. Simon introduces updates to the PaTMa Prospector software, which now offers enhanced features for evaluating multiple property strategies and clearer financial forecasts. Si…
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Episode 238: How to make £1 million from buy-to-let property
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In this episode, Simon explores the pathway to making £1 million from buy-to-let property investments. Simon outlines a simplified model that focuses on rental profit and equity gains. He details an investment strategy involving purchasing standard three-bedroom family homes in Brighton. Listen to find out how this simple property investment strate…
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Episode 237: Building a Time Efficient £Million Property Portfolio
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Simon explores strategies for optimizing a £million property portfolio for minimal time investment, without fully outsourcing. Have you considered how the structure of your property portfolio, and the properties within it, affects the amount of time you spend? Listen for Simon's thoughts on how you should structure a £million property portfolio wit…
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Episode 236: Secrets of Successful Property Networking: Crawley Property Meet
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Simon welcomes Julia Scoville, the organizer of Crawley Property Meet. Learn the secrets of (attending) a successful property networking event. Julia recounts the meetup's humble beginnings in a hotel foyer, its growth to larger venues, and the pivot to virtual gatherings during the pandemic. She emphasizes the importance of support for landlords f…
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Episode 235: Exploring Land Opportunities and Navigating Planning Permission
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Host Simon welcomes Rob Turner, Land Director at Virtue Property Group, to discuss the intricacies of land acquisition and the planning permission process. Rob shares his strategies for identifying land opportunities, emphasizing the importance of relationships with agents and thorough site evaluations. He details the planning application steps, in…
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Episode 234: A Guide to Limited Company Mortgages. And the Best Mortgage Rates.
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Host Simon, a seasoned property investor, chats with Simon, an expert mortgage broker, about the intricacies of mortgage rates, the influence of the Bank of England base rate, and the specifics of limited company mortgages. The episode delves into the potential fluctuations of the base rate and its subsequent effects on mortgage rates, as well as t…
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Episode 233: Transforming Blocks of Flats into Profitable Assets
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In the latest episode of the Business of Property podcast, host Simon welcomes Ami and Rita, co-owners of a property business specializing in blocks of apartments in the South East. They discuss their successful strategy of buying, refurbishing, refinancing, and holding properties, aiming to pull out all invested money with each project. The duo sh…
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Episode 232: Making Ugly Ducklings Fly Off the Market
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In this insightful episode, Simon welcomes Annette Gardner, a seasoned property presenter and stager, to the Business of Property podcast. Annette delves into the nuances of property staging, sharing her valuable experience in transforming homes to captivate potential buyers or tenants. She highlights the significance of neutral decor and strategic…
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Episode 231: How do you evaluate a property?
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In the latest episode of the Business of Property podcast, host Simon delves into his process for evaluating properties from his desktop. He shares valuable insights on assessing floor plans, scrutinizing photos, and the benefits of virtual tours for a better grasp of a property's layout and condition. Simon also discusses using Google Street View …
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Episode 230: Infinite ROI from the start, with Stuart French
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In the latest episode of the Business of Property podcast, host Simon is joined by Stuart French, co-owner of Pineapple Group. Stuart imparts his expertise on navigating the myriad of challenges in the property investment landscape, from tax hurdles to financial planning and property management. Stuart's journey in property investment is nothing sh…
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Episode 229: The best mortgage rates, market urgency and EWS1 requirements
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Host Simon is joined by Simon Glastonbury, a seasoned independent mortgage broker. They note an uptick in available properties but a corresponding dip in buyer urgency, and round-up the latest mortgage rates. They delve into the nuances of the UK property market, noting an uptick in available properties but a corresponding dip in buyer urgency, whi…
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Episode 228: Unbreakable Spirit: Philip Mallourides' Extraordinary Path in Property Investing
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In this insightful episode of the Business of Property podcast, Simon chats with Philip Mallourides, a seasoned property investor, to unravel his unique property journey from rent-to-rent (before it was) to blocks of auction purchased flats. Philip recounts how he inadvertently became a landlord in 1996, a move encouraged by market conditions. He s…
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Episode 227: Unveiling the Secrets: Stuart's Key Learnings in Property Business
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In this episode of The Business of Property podcast, co-hosts Simon and Stuart delve into the realities of managing property businesses. Stuart reflects on the lessons learned throughout his property journey so far. The discussion provides valuable insights into the challenges and successes of running a property business, as shared by Stuart from h…
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Episode 226: Is a property business that loses money a good strategy?
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In this episode of the Business of Property podcast, co-hosts Stuart and Simon engage in a lively debate about the meaning of a "real property business". Simon presents a scenario where a property business makes a loss initially due to investment and maintenance costs but still generates income through rentals. Stuart stresses the importance of rea…
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Episode 225: Common property business problems
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Simon and Stuart engage in a detailed conversation about the complexities of managing a diverse property portfolio. They discuss the unique challenges that come with different types of properties, such as buy-to-let, commercial spaces, serviced accommodation, and HMOs. They stress the importance of having a clear strategy and understanding what 'fr…
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Episode 224: The Budget's Impact on Property Businesses and Mortgages
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In this episode, Stuart, Simon, and resident mortgage broker Simon Glastonbury discuss the recent budget's impact on property businesses. They cover the VAT threshold increase, the capital gains tax reduction for property sellers, and the decrease in the tax-free allowance. Stuart welcomes tax reductions, while Simon Glastonbury highlights how the …
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Episode 223: UK property market increases and decreases: Hometrack review
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Stuart and Simon delve into the UK house price index, discussing its meaning for the property market and examining regional price variations. They note a slight national decrease in property prices but highlight significant regional disparities. Personal anecdotes from Simon and Stuart reveal a more complex market situation than the statistics sugg…
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Episode 222: Simon's increased BTL revenues came at significant cost!
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Stuart and Simon explore the financial journey of Simon's property business. They start with the 2016-2017 tax year, where Simon's three buy-to-let properties yielded £36,000 in revenue and £29,000 in pre-tax profit. The conversation then covers the challenges posed by Section 24, which affected mortgage interest tax relief, increasing costs and re…
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Episode 221: How to lose an Agent and save £1,000s doing your own Tenant Find
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Stuart and Simon share strategies for landlords on finding and selecting tenants for rental properties. They discuss the importance of preparing the property, taking quality photos, and writing effective listings. They explore options for advertising on rental portals and the benefits of self-managing the process versus using agents. The duo also t…
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Episode 220: A £35k per month HMO business, but how did Stuart get there??
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Simon and Stuart discuss the significant growth of Stuart's property business over four years, focusing on revenue and strategic shifts, particularly the move into the rent-to-rent market. Stuart shares his initial challenges and the evolution of his business from a £10,000 monthly revenue to a projected £35,000, emphasizing the importance of profi…
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Episode 219: 3% mortgage rates, rising rates and fees increasing leverage - what's happening with mortgages??!!
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In this episode of the Business of Property podcast, Stuart, Simon and Simon discuss the Bank of England's decision to maintain the base rate and the impact on the mortgage market. They highlight recent rate drops, plus the rise in some lenders' rates! Not to mention the significant fees associated with mortgages and their effect on LTV. The conver…
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Episode 218: What’s the best property strategy to scale?
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In this episode, Simon and Stuart explore the importance of aligning property strategies with personal preferences and strengths when growing a property business. Stuart shares his experience with HMOs and the necessity of adaptability, while Simon reflects on his slow, steady approach to building a property portfolio. They conclude that the best s…
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Episode 217: From 1 BTL to £6.4M GDV in 3 Years?!
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In this episode Stuart and Simon interview Luke Blakemore. Luke shares his journey from starting with buy-to-let properties to engaging in larger development projects. He discusses the importance of using investors' money wisely, ensuring a minimum 20% return, and building a trustworthy team. Despite challenges like problematic builders and the COV…
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Episode 216: What to do before your fixed rate mortgage ends?
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Stuart and Simon discuss strategies for managing mortgages, as fixed rates come to an end. They emphasize the importance of tracking end dates, exploring options with current lenders or other banks, and understanding the long-term effects of fees and interest rates on mortgages. They advise against waiting for lower rates and suggest using tools to…
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Episode 215: Is 2024 a good year to sell my property?
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Stuart and Simon explore reasons for selling, such as releasing capital or divesting mismatched properties, and the financial implications, including tax considerations for personal versus company-owned properties. They delve into challenges in property valuation, market unpredictability, and the importance of flexibility in decision-making. Consid…
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Episode 214: How to Start, Scale and Exit a Property or Lettings Agency with Julia Scoville
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Special guest Julia Scoville joins Simon and Stuart to talk about her approach to starting, scaling and selling her specialist HMO lettings agency. Join our email newsletter for extra, exclusive resources. The property talk this week includes: Why start an HMO letting agency? Learn from the corporate world. Managing HMO relationships. Being a mum t…
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Episode 213: Did we predict 2023?
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Stuart and Simon review their 2023 predictions on the Bank of England base rate, mortgage rates and house prices. Join our email newsletter for extra, exclusive resources. The property talk this week includes: Our 2023 predictions episode. Base rate prediction vs reality BTL rates according to Which. Government support for mortgage holders. Increas…
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Episode 212: Using a limited company for property investment
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Simon and Stuart discuss the practicality of using a limited company for property investments - tax, mortgages, and capital investment. Join our email newsletter for extra, exclusive resources. The property talk this week includes: Simon's last investment. Setting up a company is easy, direct on the government site. Starling Bank. Simon's new compa…
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Episode 211: Mortgage updates plus key criteria for limited company mortgages
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Simon Glastonbury joins us for an episode dedicated to limited company mortgages! We discuss requirements, current rates and some common myths. Join our email newsletter for extra, exclusive resources. The property talk this week includes: Special guest - mortgage broker Simon Glastonbury. Past limited company episodes: How we pay ourselves. Limite…
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Episode 210: It's now a buyers market, but we're still selling properties??!
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Stuart and Simon are discussing the latest HomeTrack House Price Index and trying to sell well, in a buyers market. Join our email newsletter for extra, exclusive resources. The property talk this week includes: Hometrack House Price Index. Looking back over the year of property market changes. House prices are down. Property availability is up. We…
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Episode 209: Property software found Simon a house!!
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Simon and Stuart are talking about how software has enabled and enhanced their search for the best property deals. Join our email newsletter for extra, exclusive resources. The property talk this week includes: Finding an investment property with PaTMa. Automate monitoring for fall-through properties. Finding the motivated sellers. Don't be a motiv…
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