10 Reasons Why Buy-to-Let Property Investment is Dead in London

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  • Опубликовано: 11 сен 2024
  • In this video, we dive into the top 10 reasons why buy-to-let property investment in London is no longer a viable option. We cover all the critical factors driving investors away from the London market. Whether you're a seasoned investor or considering your first property purchase, this video provides essential insights you can't afford to miss. Watch now to understand the current landscape and make informed decisions about your property investments. Don't forget to like, comment, and subscribe for more expert real estate advice and market updates!
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Комментарии • 57

  • @allykhan8594
    @allykhan8594 Месяц назад +18

    I purchased in London 2 decades ago so the outlook seems ok to me. My combined tenants (4)income of £110k+ could not purchase the house even with £200k deposit. My point: as rental stock is reduced, these types of tenants will need to move outside the m25 and commute longer to get to work.

    • @hamidking78
      @hamidking78 26 дней назад +1

      That’s what I thought, it means higher rent, if you can do it, then the yield will have to just go up!

  • @happy2buc
    @happy2buc Месяц назад +23

    Here’s the dilemma… If you sell up, that’s 24% capital gains tax. How long before you recoup that elsewhere?

    • @Paulweller-ru2yo
      @Paulweller-ru2yo Месяц назад +1

      Exactly !

    • @marcus.H
      @marcus.H Месяц назад +4

      What if that tax today is cheaper than what it will be in the future?

  • @moltitrader
    @moltitrader Месяц назад +12

    Average is wrong. London is too big to average. East is vastly different to West. On this side of road it's 300k average, on the other side 1 million. That's london.

  • @kofsphere
    @kofsphere Месяц назад +18

    But most of reasons also applies to the whole country, not only London, is it?

  • @jmmm72
    @jmmm72 26 дней назад +6

    I’m an accidental landlord who used to live in the property. While most of the value increased while I lived there, the market is stagnant. This means that every year, I lose more in capital gains liability. 😢

    • @tundeuk
      @tundeuk 3 дня назад

      Move back,

  • @kianrosenberg9623
    @kianrosenberg9623 Месяц назад +7

    "to be fearful when others are greedy and to be greedy only when others are fearful"

  • @safdarkamal
    @safdarkamal Месяц назад +5

    In London they have room size accommodation thing which I wasn't aware off. In one std 3bed london property I am only allow to keep 2 adults and one child under 10.

  • @kalex381
    @kalex381 Месяц назад +5

    What’a a typical buy to let property in London? There are plenty 2/3 bed apartments/ houses around 500k in zones 4/5/6.

  • @coolco1619
    @coolco1619 Месяц назад +11

    That's why my heart sunk on the say Labour government got in 😢

  • @frankincense3518
    @frankincense3518 Месяц назад +4

    London's high value properties (>£1m) are included in your analysis which significantly skews your conclusions.

  • @BH-2
    @BH-2 Месяц назад +7

    Successive governments have targeted buy to let landlords, when many landlords get out of the market, there will be chaos and another government will bring in incentives.
    Things change and people with properties to let out have to review their position constantly and decide what to do.

    • @johnporcella2375
      @johnporcella2375 Месяц назад

      BH, not sure that there would be chaos, but, regardless, I struggle to think why any government would incentivise landlords. Why? There are no nett votes in it! Tenants will always outweigh landlords.

    • @Solihul886
      @Solihul886 Месяц назад +2

      Corporations will take their place

    • @jimblamire3312
      @jimblamire3312 28 дней назад

      The large corporations will snap up property and there will be no going back.

    • @marcusparkus682
      @marcusparkus682 25 дней назад

      ​@@johnporcella2375they eventually will incentivise landlords because the country needs rental accommodation

  • @kennethausten
    @kennethausten Месяц назад +2

    All our family have sold up in london for the home counties as now to costly.

  • @leegough68
    @leegough68 Месяц назад +9

    Ranjan speaks so much sense 👊

  • @tundeuk
    @tundeuk 3 дня назад

    15:40 The return on equity story makes sense

  • @Chris-sh7kr
    @Chris-sh7kr День назад +1

    Its too late to complete before the October budget anyway?

  • @wongdavid4018
    @wongdavid4018 Месяц назад +3

    Difficult to divest with many constraints e.g. cladding concern

  • @susanprentice9668
    @susanprentice9668 Месяц назад +4

    Have 3 buy to let stick to one bed flat with £100,000 mortgage.

  • @kashif9145
    @kashif9145 16 дней назад +1

    Couple of things: Dagenham £285k rental £2.2k SDLT: 12-15k
    What’s the issue
    Leyton: £550k rental: £3.1k
    Can’t remember SDLT
    Walthamabbey: £385k rental £2k SDLT can’t remember
    Stratford: £800k rental £4.7k SDLT can’t remember
    Canary wharf: £800k rental £3k SDLT: £70k roughly
    Can you see the problem which I am facing: don’t go to Canary Wharf!

    • @tundeuk
      @tundeuk 3 дня назад

      I bought Stratford 3 bed, but if I wanted to sell it would only attract £380 - £400k

    • @Nas989.
      @Nas989. День назад

      Where in Dagenham is the house price this and you get rent of 2k? What's post code are you looking at ?

  • @alantsang8169
    @alantsang8169 Месяц назад +1

    Buy in Holyhead, where property price is very low so the yield is rocket high!!! And there is no 3% surcharge and there are plenty choices (because virtually no buyers).
    So buy to let at Holyhead then

    • @pataleno
      @pataleno 26 дней назад +3

      Yeh Probably one of the remotest places in the UK. Not many people want to live in Holyhead unless your'e Welsh.

  • @maclal2099
    @maclal2099 Месяц назад +1

    can you list out the 10 reasons ?

  • @jigerkijeet
    @jigerkijeet Месяц назад +7

    This is what i have been telling everyone.

  • @NisaShah
    @NisaShah Месяц назад +3

    very helpful information as always. thank you

  • @Cleo1John
    @Cleo1John Месяц назад +1

    Very depressing… no solutions

  • @AR-fy2qo
    @AR-fy2qo 4 дня назад +1

    The UK is beyond stagnation

  • @AmeyBrunel
    @AmeyBrunel Месяц назад

    Just in London?
    What about other parts of the country? Should I keep out of BTL or try my luck?

  • @radleysmith7528
    @radleysmith7528 Месяц назад

    Good analogy of historic performanc Prof

  • @michaeljones1836
    @michaeljones1836 Месяц назад +1

    Good news

  • @jb9201
    @jb9201 Месяц назад +1

    Stock market better

  • @pmtilbury6596
    @pmtilbury6596 5 дней назад

    I am thinking to sell mine

  • @rupmehta9
    @rupmehta9 Месяц назад

    I want to sell my flat which I bought for buy to let.

  • @benjaminperoumalradja5491
    @benjaminperoumalradja5491 Месяц назад +1

    True

  • @benjaminperoumalradja5491
    @benjaminperoumalradja5491 Месяц назад +9

    No worth it if you are higher tax payer. Time and money waste. Buy to let really deal not only London.
    We get decent yields outside London but capital growth are not increase.

    • @johnburnett-hall1817
      @johnburnett-hall1817 Месяц назад +1

      Non-London capital growth has lagged behind London historically, but my personal view is that it will catch up in the long term, in % terms.

  • @coolmonkey619
    @coolmonkey619 Месяц назад

    London capitals appreciation high

  • @AR-fy2qo
    @AR-fy2qo 4 дня назад +1

    😂😊

  • @michaelotoo5543
    @michaelotoo5543 29 дней назад +1

    Ha ha you wasn't saying this last year you was telling everyone prop was the best thing in on the planet 😂😂 next you will be changing your name to ginger

    • @tundeuk
      @tundeuk 3 дня назад

      He can change his opinion, in fact by doing so, he reflects what’s happening in the market.

    • @michaelotoo5543
      @michaelotoo5543 2 дня назад +1

      @@tundeuk yes I was telling him about that was coming he didn't lis listen and now he's changed his mind 😂

    • @tundeuk
      @tundeuk 2 дня назад

      @@michaelotoo5543Fair play.