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Frequently asked questions
Property sourcing is a term used when a person or company instructs another business to find a high yielding investment property on their behalf that they would not have been able to find their selves. They may not be able to find it themselves due to lack of contacts, market knowledge and time, amongst other things. They also might simply, just not want to and therefore outsource to a company with the expertise and time to do it for them.
A property sourcing agent is someone who secures property deals which they then sell to property investors. The role of a property sourcing agent is to act as a middleman between the buyer and the seller, helping to smooth the deal out, making it a better experience for both parties. Working with property sourcing agents is a great way to grow your portfolio at a faster rate than maybe going alone. There is always a fee involved to pay the sourcing company for the service they have provided and this will vary from company to company and depend on the size of the property deal.
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Investment properties are not generally used as primary residences by their owner. Instead, they are purchased for the sole purpose of generating income. This income can come from a variety of sources, for example: dividends, interest, rents, or royalties.
These returns on an investment property are separate from the buyer's standard income from a business, for example, and therefore bring extra capital to the investor!
In order to determine which source of income is the best fit for an investment property, individuals or companies will need to use expert knowledge to assess its potential. This process is normally called "finding a property's highest and best use".
This is where hiring a Liverpool property investment company i(https://www.winovaproperties.com/)s crucial. They will know if a property is zoned for commercial or residential is, or example, if an investment property is zoned for both commercial and residential use, what permits will be required for any remodelling and how easy these will be to obtain - and the list goes on!
The property investment company in Liverpool (https://www.winovaproperties.com/)will then be able to determine the specific use that will yield the highest return on your money.
While investment properties are not usually considered as second homes, this doesn't necessarily mean the owner cannot or does not ever use it! In fact, many people who purchase holiday homes rent these out throughout the year, and then make use of them for their own family getaways when the occasion arises!
When it comes to getting the most for your money, property investing is the way to go.
Property sourcing is a term used when a person or company instructs another business to find a high yielding investment property on their behalf that they would not have been able to find their selves. They may not be able to find it themselves due to lack of contacts, market knowledge and time, amongst other things. They also might simply, just not want to and therefore outsource to a company with the expertise and time to do it for them.
A property sourcing agent is someone who secures property deals which they then sell to property investors. The role of a property sourcing agent is to act as a middleman between the buyer and the seller, helping to smooth the deal out, making it a better experience for both parties. Working with property sourcing agents is a great way to grow your portfolio at a faster rate than maybe going alone. There is always a fee involved to pay the sourcing company for the service they have provided and this will vary from company to company and depend on the size of the property deal.
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If you are interested in our property sourcing service get in contact now(javascript:void(0))
Welcome to Winova!
Investing your assets can be a fantastic way to increase your savings. There’s a wide range of options to choose from: stocks, bonds, mutual funds, real estate, precious metals and many more.
Whatever method you choose, the desired outcome is always the same: to make a profit. However, the world of investments is as dangerous as it is alluring. There is usually at least some element of risk involved when pouring your hard-earned money into a scheme.
Property, however, is one of the safest investments you can make. Why? Because regardless of the economic state of things, the fact remains that people will always need a roof over their heads.
Once you’ve made the choice to invest, you need to determine which strategy you want to pursue.
When considering an investment property, there are three principal property types:
1.Residential: Purchasing a property for habitation is one of the most popular methods of investing. Attracting tenants guarantees a regular, monthly income. Typically, these properties range from flats, houses, to condos and shared housing.
2.Commercial: Another property investment Liverpool strategy is purchasing commercial properties. These can be let out to businesses and corporations. While maintaining these properties can cost more than residential ones, these types of buildings will generate higher yields due to occupancy capacity.
3. Mixed-Use: These versatile properties can be used for multiple purposes. For example, you could own a two-storey building on a high street, rent out the ground floor to a shop and the top floor to a residential tenant. An investment property is a physical space that yields a return on investment for the buyer.
Whatever route you decide to go for, a key factor to consider for all of the above is the location. While this may seem daunting, it can be broken down into three main points:
1. Rental yields in the region
2. Level of renter/buyer demand in region
3. Potential for capital growth.
The average deal takes around 4 months from when we begin sourcing for you. We actively generate a steady stream of opportunities throughout the year, but they never last for long for long! The best way to keep up to date with our latest deals as soon as they are secured it so sign up to our mailing list today. That way, when a suitable property is available, you’ll be first to hear.
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The average deal takes around 4 months from when we begin sourcing for you. We actively generate a steady stream of opportunities throughout the year, but they never last for long for long! The best way to keep up to date with our latest deals as soon as they are secured it so sign up to our mailing list today. That way, when a suitable property is available, you’ll be first to hear.
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When a person or business asks a third party to find a high-return investment property that they themselves would not be able to secure, this is called Property Sourcing.
Property Sourcing is becoming more and more common, especially in the current UK market. These companies or individuals work with investors to expand their property portfolios quickly and effectively.
Although many property sourcers will have global connections, the most efficient sourcing companies target a specific region or location. This enables them to offer a more comprehensive property purchase deal to clients.
Not only that, but sourcing companies that focus on a local base are able to build first-hand knowledge by visiting sites and assessing which properties will be most profitable for potential investors.
To put it simply, a property sourcer's job is to act as a go-between for a seller and an investor. Not only that, their role is to use their expert knowledge of local property and investment opportunities to ensure the deal brokered is beneficial for all parties involved!
There are several different types of properties to consider when sourcing to invest.
Here are five of the most common kinds:
1. Repossessions - properties for sale that have been repossessed by the lender
2. Unmodernized - properties with opportunities to renovate, extend or convert
3. Lands/plots - vacant land for sale
4. Cash Buys - properties for sale exclusively available to cash buyers
5. Auctioned - properties for sale by auction in the coming weeks
You may be wondering how property sourcing varies from the standard market. There are a variety of reasons people choose to go down this route.
For example:
• A lack of relevant contacts
• A lack of market knowledge
• A lack of time
These are just some of the reasons individual and corporate investors choose to outsource this task to a property sourcing company.
Property sourcing agents like us u(https://www.winovaproperties.com/)se our connections and market knowledge to secure first-rate property deals. We then pass these deals on to our clients.
Using a property sourcing company helps make the investment process smoother, easier and more efficient. In fact, it’s an excellent way to expand your investment portfolio at a much faster and more lucrative rate than doing it on your own.
Of course, this service doesn’t come cheap. Any property sourcing company you hire to manage your investments will charge a fee for doing so. Although this fee can vary from company to company, and is proportionate to the size of the investment, you will need to prepare yourself for a bill, regardless.
At Winova, we appreciate that the property market can seem daunting, confusing and time-consuming, particularly for newcomers. That’s why we take your investment as seriously as we take our own.
Property in Liverpool is listed online for as little as £35,000. But before you make an offer, stop and ask yourself:
• What investment strategy have you decided on? Will you rent it out, or are you going to sell it for returns?
• How are you going to fund it? Are you a cash buyer or will you need a mortgage?
• Have you factored additional fees into your budget?
The last point is especially relevant. Buying a property often comes with unseen costs which some people fail to take into account when drawing up a budget. This includes survey fees, solicitor’s fees, stamp duty and maintenance/running costs.
Be sure to take these additional costs into consideration before purchasing an investment property. You will need to clear these payments before we can exchange and complete on your property.
The population of Liverpool is just under half a million and it is the largest city in the Merseyside region.
Liverpool is world famously known as the City of Pop, the birthplace of The Beatles, having a few cracking football teams and much more.
Nowadays, Liverpool is more regularly associated with fantastic property investment opportunities. It is easy to understand why when you consider the following points about property in Liverpool:
1. YIELDS
The rental yields in Liverpool are some of the best in the UK.
Postcodes such as L1 & L7 offer an average of 8% yield. All properties in our portfolio currently have a minimum of 10%.
The average rental yield in Liverpool is 5.05% which is far higher than cities like London which has an average rental yield of 3.05%.
These are fantastic numbers and when investing, decisions are data-driven and this is what makes Liverpool such a smart choice when considering where to invest in property.
2. LOWER PROPERTY PRICES
Property prices are comparatively lower in Liverpool than other parts of the U.K. This means that Liverpool becomes attractive to investors from all over the world who are looking to grow their property portfolios, as well as first time buyers.
The average property in the U.K currently costs £233,000. In Liverpool, the average property costs £176,500. This is comparatively lower and makes sense when considering having a go at property investment for the very first time. Liverpool therefore offers far more value for money than most other parts of the country.
Want to get started? Check out our guide to opening a new business.
3. DEMAND
There is no point in buying a property if there is zero demand.
Liverpool has 4 universities and 12 Hospitals / Medical Centres. Liverpool is home to the University of Liverpool which currently teaches just under 25,000 students every year. Liverpool is also home to Liverpool Hope University, John Moores University and Edge Hill University.
This means that there is no shortage of people looking for rooms and houses to rent or buy within Liverpool and this is key when choosing where to invest in property.
4. CAPITAL GROWTH
While many parts of the UK are suffering from a gloomy outlook for 2020, Liverpool defies this with an annual growth rate of 4.1%. Rents are also set to increase by 3.5 % over the next 12 months.
Liverpool continues to outperform most other regions within the U.K year after year, again, ensuring greater value for money when considering where to invest in property.
5. INCREASED INVESTMENT
The city of Liverpool has been totally transformed over the past ten years by significant public and private investment.
According to Liverpool council plans, there are currently £14bn worth of investments currently underweight or due to get started over the coming months and years in the city of Liverpool. This amount of money being spent is astonishing and can only mean further success and great returns for those looking to invest in property in Liverpool.
This shows that Liverpool is open for business and will continue to attract further investment.
Investing with us as is easy as counting to four:
1.Loan agreement
Tell us your investment budget, as well as how long you're prepared to invest for. We arrange the interest rate that we'll pay you in exchange for you lending us your money.
2. Investment
Using our expert knowledge, we'll use your money to buy and/or refurbish the desired property. Once you've confirmed you're happy for us to proceed, you can sit back and relax! We use your money to purchase and/ or refurbish the property.
3. Refinance or Sale of the Asset
Depending on your preference, we then either sell the property for a profit, or refinance to the post-works value to pull your money back out of the deal. We handle every aspect of this phase, with zero effort or stress on your end!
4. Get your money back, with interest
In the end, you walk away with all your money plus the agreed interest! What you do with your newfound capital is entirely up to you. You could book that dream holiday, or continue expanding your portfolio!
Our sourcing service is not only all-inclusive - it’s also jargon-free and easy to understand.
We will never over-complicate things.
Here’s what our sourcing service will do for you:
1. Provide impartial, independent and unbiased advice on where to buy, what to buy and why to buy based on your own requirements.
2. Offer introductions to our preferred local letting agents, builders and access to members of our ‘Power Team’.
3. Managing the refurbishment, if required, until full completion.
Winova Properties specialize in property sourcing in the North West of England.
Here’s why we target this region:
- In our selected areas, house price growth is predicted to rise at 21.6 per cent over the next five years. That’s higher than any other UK region.
- Cities like Liverpool with solid growth potential and increasing yields are the sourcing opportunities of a lifetime. When examining the three key property sourcing points listed previously, here’s how Liverpool stacks up:
Yields:
Rental yields in this area are topping the UK charts. Local postcodes (like L1 & L7) offer an average of 8% yield. Winova properties have a minimum of 10% yield. Let that sink in.
Demand:
Investing in a property, however cheap, is pointless if nobody is lining up to live in the area. With its four universities, plus twelve hospitals and medical centres, Liverpool is a bustling hub of action with a wide range of renter/buyer options for whatever strategy you choose!
Capital Growth:
While 2020 has seen a sharp decline in the property market for many UK regions, Liverpool’s annual growth rate is a solid 4.1%. Not only that, but rents are predicted to increase by up to 3.5% within the next twelve months.
Credibility
Winova Properties is a property investment company that offers two key services: Capital investment and property sourcing in Liverpool - exclusively.
Founded in August 2017, Winova Properties have been investing in property full-time ever since. Because we’ve focused exclusively on Liverpool and the surrounding areas, we are experts at getting our investors maximum return on their investments!
Our founders, Matthew and Lucy, are both professional property investors. Together, they draw on their wealth of experience as full-time property investors to create lucrative property portfolios for clients in North West England.
With extensive knowledge of the area, Winova’s targeted location ethos allows us to generate the maximum yields on any investments by our customers.
Another reason to choose Winova is that we are a fully compliant property sourcing company which means we have professional accountability, are registered with the Property Ombudsman, ICO, Anti-Money Laundering with HMRC and are fully insured with Hiscox to carry out this work on your behalf.
An estate agent works with the seller, and their fees are based on selling at the highest price possible, whereas a sourcing agent works with the investor/buyer’s interests by negotiating the lowest purchase price. They are negotiating on your behalf. An estate agent’s loyalty will always naturally lie with the seller and a sourcing agent’s will always be to their investor client.
An estate agent works with the seller, and their fees are based on selling at the highest price possible, whereas a sourcing agent works with the investor/buyer’s interests by negotiating the lowest purchase price. They are negotiating on your behalf. An estate agent’s loyalty will always naturally lie with the seller and a sourcing agent’s will always be to their investor client.
You can invest with Winova and land an amazing Liverpool property with us for as little as £5,000!
Because we know how hard you have worked for our money, we want to look after it properly. That’s why we legally protect your investment with a loan agreement.
We also ensure that for every property we purchase, there’s a minimum of three exit strategies. This will offer even further security against loss of capital.
These are just some of the ways Winova looks after our buyers. That’s not even mentioning our highly competitive interest rates! Depending on the loan amount, there are a myriad of tailor-made guarantees that we can offer our investors.
To find out exactly what we can do for you, get in touch today!
We are not mortgage brokers, however, we have a good network of reliable brokers that we can introduce you to. We only recommend mortgage brokers that we know and trust and have used ourselves. Broker fees can vary in price. It is good to establish the differences in costs from the very start of the property purchasing process.
We are not mortgage brokers, however, we have a good network of reliable brokers that we can introduce you to. We only recommend mortgage brokers that we know and trust and have used ourselves. Broker fees can vary in price. It is good to establish the differences in costs from the very start of the property purchasing process.
Alongside our quality property sourcing, we also offer the following additional services to our clients:
Whether you're new to the investment game, or a seasoned veteran ready to expand your property portfolio, Winova has the right deal for you!
Explore our range of investment opportunities and ready-made products, or get in touch with us directly to find out exactly what we can offer you today!
Sometimes, you need a quick, simple sale without the headache of estate agents.
Maybe you're having cash flow issues, or going through a divorce, or perhaps you simply want to sell a property that you no longer want to continue maintaining?
Whatever the reason, Winova is here to get you that sale. We work with any seller and will take any property off your hands- regardless of its condition!
Get in touch with our sales team. We'll arrange a time and date to view your property before agreeing on a sale that will get you your money fast!
In addition to high-yield investments, Winova also use our wealth of knowledge of the local property market, we also offer the following services:
Selling:
Sometimes, you need a quick, simple sale without the headache of estate agents.
Maybe you're having cash flow issues, or going through a divorce, or perhaps you simply want to sell a property that you no longer want to continue maintaining?
Whatever the reason, Winova is here to get you that sale. We work with any seller and will take any property off your hands- regardless of its condition!
Get in touch with our sales team. We'll arrange a time and date to view your property before agreeing on a sale that will get you your money fast!
Sourcing:
Property Sourcing is becoming more and more common, especially in the current UK market.
Here’s what our sourcing service will do for you:
1. Provide impartial, independent and unbiased advice on where to buy, what to buy and why to buy based on your own requirements.
2. Offer introductions to our preferred local letting agents, builders and access to members of our ‘Power Team’.
3. Managing the refurbishment, if required, until full completion
.Our sourcing service is not only all-inclusive - it’s also simple and easy to understand!
Contact us and start your sourcing journey now.
Yes, you are more than welcome to use your own solicitors and builders. We have recommendations to our own team members available should you require them. If you already have your own solicitor and builder, and you are happy with their services - that’s fantastic. If, for example, you don’t have a mortgage broker or surveyor, then let us know, we are always more than happy to help guide and advise you. If you do not need recommendations or project management, we can simply source you the property without any additional services involved.
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Yes, you are more than welcome to use your own solicitors and builders. We have recommendations to our own team members available should you require them. If you already have your own solicitor and builder, and you are happy with their services - that’s fantastic. If, for example, you don’t have a mortgage broker or surveyor, then let us know, we are always more than happy to help guide and advise you. If you do not need recommendations or project management, we can simply source you the property without any additional services involved.
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Yields can vary, depending on where and what type of property you buy. Contrary to what many people think when they think about investing in property in the UK, London actually offers some of the lowest property rental yields in the UK. Regional cities in the north of England offer better rental yields in the UK, regularly above 8%. All of the properties within our portfolio in Liverpool currently offer yields upwards of 10%.
Yields can vary, depending on where and what type of property you buy. Contrary to what many people think when they think about investing in property in the UK, London actually offers some of the lowest property rental yields in the UK. Regional cities in the north of England offer better rental yields in the UK, regularly above 8%. All of the properties within our portfolio in Liverpool currently offer yields upwards of 10%.
You are expected to conduct your own due diligence and make your own judgement on any property being offered. You must verify the information and any speculative information offered by us. You are expected to perform your own financial and legal assessment of any opportunity prior to making any commitment to purchase a property.
Rental yield is a measure of how much cash an income-generating asset produces each year as a percentage of that asset's value.
So for real estate, the rent yield is the rental income as a percentage of the property’s value.
How to calculate rental yield:
Property value: £800,000
Expected rent per month: £5,000
£5,000 x 12= £60,000 (annual rent income)
(£60,000 / £800,000) x 100= 7.5% rental yield
Ideally, rent yields are around 7% or 8%
Liverpool has some of the best rental yields in the country.
Liverpool’s average rental yield is around 5%, which is far better than cities like London (3.05%0 and Southampton (3.55%).
Some of the best postcodes in Liverpool as of 2020 are:
• L1 - 10%
• L11 - 8.67%
• L6 - 8.12%
• L2 - 7.56%
• L3 - 7.40%
• L4 - 7.13%
Winova Property Sourcing Limited is a fully compliant property sourcing company which means we have professional accountability. We are registered with the Property Ombudsman, ICO, Anti-Money Laundering with HMRC and are fully insured with Hiscox to carry out this work on your behalf. If a property sourcing company cannot show you proof of all of these items, they might be operating illegally and unprofessionally and are probably not people you want to work with. Every sourcing agent should have their own contracts which outline their own unique terms and conditions.
You are expected to conduct your own due diligence and make your own judgement on any property being offered. You must verify the information and any speculative information offered by us. You are expected to perform your own financial and legal assessment of any opportunity prior to making any commitment to purchase a property.
Winova Property Sourcing Limited is a fully compliant property sourcing company which means we have professional accountability. We are registered with the Property Ombudsman, ICO, Anti-Money Laundering with HMRC and are fully insured with Hiscox to carry out this work on your behalf. If a property sourcing company cannot show you proof of all of these items, they might be operating illegally and unprofessionally and are probably not people you want to work with. Every sourcing agent should have their own contracts which outline their own unique terms and conditions.
Below Market Value ( BMV) properties are residential properties available for sell at a price below their actual market value. This is usually because the owners of such property need to sell their property very quickly. In most cases, the sellers will sell their property below market value because they are faced with some kind of financial difficulty. In some cases, they may be facing repossession. Some people sell their property below market value due to a divorce or because they are relocating; there are such a broad variety of reasons why someone might want to quickly sell their home. Selling a home below market value means the owner can dispose of their property quickly, without going through a complicated and lengthy process. Speed is usually their priority.
Below Market Value ( BMV) properties are residential properties available for sell at a price below their actual market value. This is usually because the owners of such property need to sell their property very quickly. In most cases, the sellers will sell their property below market value because they are faced with some kind of financial difficulty. In some cases, they may be facing repossession. Some people sell their property below market value due to a divorce or because they are relocating; there are such a broad variety of reasons why someone might want to quickly sell their home. Selling a home below market value means the owner can dispose of their property quickly, without going through a complicated and lengthy process. Speed is usually their priority.
A key reason for working with a property sourcing team is that you benefit from access to the most lucrative properties that have not even reach Zoopla or Rightmove yet. This means the properties our clients have access to are pre-release deals – often not available to the public market.
We purchase properties in Liverpool and the North West on a regular basis. We have strong relationships with local estate agents and letting agents where we know and trust each other and have worked together for many years. This gives us excellent buying power and therefore availability to below market value properties in Liverpool. Most importantly, we know what a good property deal looks like and it is our goal to help you secure these deals to help you grow your own property portfolio.
A key reason for working with a property sourcing team is that you benefit from access to the most lucrative properties that have not even reach Zoopla or Rightmove yet. This means the properties our clients have access to are pre-release deals – often not available to the public market.
We purchase properties in Liverpool and the North West on a regular basis. We have strong relationships with local estate agents and letting agents where we know and trust each other and have worked together for many years. This gives us excellent buying power and therefore availability to below market value properties in Liverpool. Most importantly, we know what a good property deal looks like and it is our goal to help you secure these deals to help you grow your own property portfolio.
A house in multiple occupation (HMO) is a property rented out by at least 3 people who are not from 1 ‘household’ (for example a family) but share facilities like the bathroom and kitchen. It’s sometimes called a ‘house share’. If you want to rent out your property as a house in multiple occupation in England or Wales you must contact your council to check if you need a licence. Renting out a property by the room tends to generate more revenue than letting it as a whole.
You must have a licence if you’re renting out a large HMO in England or Wales. Your property is defined as a large HMO if all of the following apply:
1. It is rented to 5 or more people who form more than 1 household
2. Some or all tenants share toilet, bathroom or kitchen facilities
3. At least 1 tenant pays rent (or their employer pays it for them)
A house in multiple occupation (HMO) is a property rented out by at least 3 people who are not from 1 ‘household’ (for example a family) but share facilities like the bathroom and kitchen. It’s sometimes called a ‘house share’. If you want to rent out your property as a house in multiple occupation in England or Wales you must contact your council to check if you need a licence. Renting out a property by the room tends to generate more revenue than letting it as a whole.
You must have a licence if you’re renting out a large HMO in England or Wales. Your property is defined as a large HMO if all of the following apply:
1. It is rented to 5 or more people who form more than 1 household
2. Some or all tenants share toilet, bathroom or kitchen facilities
3. At least 1 tenant pays rent (or their employer pays it for them)
A Single Let is where you own a house that you let out to one tenant. The one tenant might be family or an individual. They are often considered to be less work and hassle than a house which is rented out room by room (HMO). As a landlord, you are responsible for looking after the property and making sure everything works. This is as well as paying the ground rent and service charge, if it is a leasehold property. The tenant is responsible for paying all of the utility bills such as water, gas, electric, broadband internet, TV licence and council tax - plus their own personal contents insurance.
A Single Let is where you own a house that you let out to one tenant. The one tenant might be family or an individual. They are often considered to be less work and hassle than a house which is rented out room by room (HMO). As a landlord, you are responsible for looking after the property and making sure everything works. This is as well as paying the ground rent and service charge, if it is a leasehold property. The tenant is responsible for paying all of the utility bills such as water, gas, electric, broadband internet, TV licence and council tax - plus their own personal contents insurance.
YIELDS – Rental yields are some of the best in the UK. Postcodes such as L1 & L7 offer an average of 8% yield. All our properties have a minimum of 10% - These are FANTASTIC numbers.
DEMAND – There is no point in buying a property if there is zero demand. Liverpool has 4 universities and 12 Hospitals/ Medical Centres. This means an abundance of people looking for rooms and houses to rent or buy.
CAPITAL GROWTH – While many parts of the UK are suffering from a gloomy outlook for 2020, Liverpool defies this with an annual growth rate of 4.1%. Rents are also set to increase by 3.5 % over the next 12 months.
YIELDS – Rental yields are some of the best in the UK. Postcodes such as L1 & L7 offer an average of 8% yield. All our properties have a minimum of 10% - These are FANTASTIC numbers.
DEMAND – There is no point in buying a property if there is zero demand. Liverpool has 4 universities and 12 Hospitals/ Medical Centres. This means an abundance of people looking for rooms and houses to rent or buy.
CAPITAL GROWTH – While many parts of the UK are suffering from a gloomy outlook for 2020, Liverpool defies this with an annual growth rate of 4.1%. Rents are also set to increase by 3.5 % over the next 12 months.
Liverpool wasn’t always the thriving city it is today.
The 1970s and 1980s brought economic difficulties in all of Britain, but prominently so in Liverpool. It had some of the highest unemployment rates in the country, tons of factory closings and thousands of people leaving the city.
The mid-1990s finally saw some turnaround, with a drastic economic revival coming from billions of pounds spent on improving the city, attracting jobs and increasing tourism.
The Liverpool economy is still rapidly improving, as it is considered one of the fastest-growing cities in the UK.
Below are some of the efforts Liverpool has taken to become the city it is today:
Regeneration Efforts
Liverpool has been going through a ton of regeneration efforts to upgrade the city drastically.
As these projects are completed over the next several years, property values are sure to rise to reflect these improvements and the rising demand to live there.
Here are some of the regeneration projects occurring.
Better Roads
Liverpool will be spending £500 million on improving its roads.
Their goal is to improve key routes that are in poor condition and have lots of traffic.
This project will likely cause some disruptions in the short term but will have considerable benefits in the long run.
The Anfield Project
Anfield is where Liverpool FC plays, and the stadium and surrounding areas are undergoing a significant renovation.
The project has been going on since 2012 and is headed by a partnership of Liverpool City Council, Liverpool Football Club and Your Housing Group.
The project seeks to create an attractive environment around Anfield by:
• Adding new and refurbished housing
• Expanding the stadium
• Developing a new public square with retail and commercial premises
• Revitalizing high street
Water Regeneration
Liverpool has some beautiful waterfronts, and Liverpool Waters is going through a massive regeneration project.
Liverpool Waters will see 60 hectares of historic dockland regenerated, creating a £5.5 billion world-class, high quality, mixed-use development.
This will provide 1.5 million square meters of floor space, encouraging a significant increase in Liverpool’s cultural and business offerings.
It’s a 30-year project that is a major part of Peel Investments’ £50billion ‘Ocean Gateway’ project to regenerate its land and assets fronting the Manchester Ship Canal and the River Mersey.
The site is also adjacent to Ten Streets Creativity District, which is revitalizing historic docklands over the next 15-20 years.
The Liverpool Knowledge Quarter
The Liverpool Knowledge Quarter is an area that contains the city region’s key partners, creating an environment that inspires innovation in science, technology, education, health, and culture, among other fields.
It seeks to support the growth of new innovative businesses and promote programs that invest in research and its 54,000 students.
There are already £1billion of new developments underway, one being the Paddington Village expansion site, which includes facilities such as RCP North, Rutherford Cancer Centre and Liverpool International College.
Liverpool One
Liverpool One is a massive £960 million shopping centre built in 2008.
It has more than 170 shops, bars and restaurants spread across five districts in the hear of Liverpool City Centre.
Millions of people visit Liverpool One, and it is a big tourist attraction.
Capital of Culture 2008
In 2003, Liverpool won the right to be named Capital of Culture for the year 2008.
They spent five years planning events that left a lasting impact on the city.
Some of the events were:
• Liverpool The Musical
• Holocaust Memorial Day
• British Dance Edition
• Three Sisters On Hope Street
• Viennese Balls
• Art in the Age of Steam
• Fragrant Liverpool
• Streets Ahead
• Liverpool Sound Concert
• Streetwaves
• The Open Golf Championship
• Carnival Weekend
• World Firefighter Games
When looking for an investment property, consider the strength of the location. There are so many different towns and cities in the UK to choose from. Your considerations should include the type of rental yields on offer, the level of demand, and the potential for capital growth. You want to ensure your property is in an area of high rental demand and that you have minimum void periods, providing you with consistent rental returns.
Where we invest in the North West of England, house price growth is predicted at 21.6 per cent over the next five years — higher than any other UK region. Investing in a city with strong capital growth potential and high average yields puts you on the right track towards a lucrative investment. These are the two main considerations when thinking about buying an investment property.
Liverpool has a huge student population, with about 70,000 students.
This means a significant portion of that population will be looking for housing, especially rentals, which is something you can take advantage of.
A large student population also usually means that bars, restaurants and clubs will be thriving in nearby areas, which can help the property value.
With Liverpool’s regeneration efforts, tourism has been increasing in Liverpool and improving the economy.
As of 2019, the tourism economy was worth over £4.9 billion, which is 400 million more than 2018’s all-time high.
And in 2018, 67.3 million visitors came to the region, which brings in a ton of money for the city and supports over 57,000 jobs.
Liverpool also has tons of tourist attractions, such as:
• Albert dock
• The Beatles Story (and tours for Beatles landmarks)
• Pier Head
• Liverpool FC
• St. George’s Hall
• Cathedrals
• Museums
• Waterfronts
This all combines to help Liverpool’s economy, which is great for property values.
You can also take advantage of this tourism by renting out property Airbnb style.
When looking for an investment property, consider the strength of the location. There are so many different towns and cities in the UK to choose from. Your considerations should include the type of rental yields on offer, the level of demand, and the potential for capital growth. You want to ensure your property is in an area of high rental demand and that you have minimum void periods, providing you with consistent rental returns.
Where we invest in the North West of England, house price growth is predicted at 21.6 per cent over the next five years — higher than any other UK region. Investing in a city with strong capital growth potential and high average yields puts you on the right track towards a lucrative investment. These are the two main considerations when thinking about buying an investment property.
Jobs have been on the rise in other areas besides tourism as well.
The tech sector has had huge expansions, and 11,451 new businesses started up in 2018.
Things look good for the future as well, with reports predicting that 11,600 new jobs will be created over the next three years.
This all bodes well for the economy, and the demand for housing will increase, which is great for investing.
This depends on what type of property investment you are considering. You can purchase property in Liverpool for example via Rightmove from as little as £35,000. You need to consider what you are buying it for and how you are going to fund it to establish how much money you will need to get started.
This depends on what type of property investment you are considering. You can purchase property in Liverpool for example via Rightmove from as little as £35,000. You need to consider what you are buying it for and how you are going to fund it to establish how much money you will need to get started.
Buy-to-let is pretty much what it sounds like – you buy a property in order to rent it out to tenants. You should consider the property as a medium to long-term investment, in investment terms. Buy-to-let investment is very different from owning your own home as it generates income for you. You will automatically become a landlord when you purchase a BTL and therefore you’re effectively running a small business – one with important legal responsibilities.
You can make money this way by generating an income via the rent charged. You can also generate cash by selling the property, if you ever decided to sell. Although house prices have fluctuated in recent years, property is still a relatively safe long-term investment.
Buy-to-let is pretty much what it sounds like – you buy a property in order to rent it out to tenants. You should consider the property as a medium to long-term investment, in investment terms. Buy-to-let investment is very different from owning your own home as it generates income for you. You will automatically become a landlord when you purchase a BTL and therefore you’re effectively running a small business – one with important legal responsibilities.
You can make money this way by generating an income via the rent charged. You can also generate cash by selling the property, if you ever decided to sell. Although house prices have fluctuated in recent years, property is still a relatively safe long-term investment.
There are a number of fees that you must consider before you purchase a property. These fees can can include:
Survey fees
Solicitor’s fees (Legal fees)
Stamp Duty
There are also running and maintenance costs associated with any kind of rental property purchased for investment. All of these must be considered before you purchase an investment property as they will need to be paid before you can exchange and complete on your property.
There are a number of fees that you must consider before you purchase a property. These fees can can include:
Survey fees
Solicitor’s fees (Legal fees)
Stamp Duty
There are also running and maintenance costs associated with any kind of rental property purchased for investment. All of these must be considered before you purchase an investment property as they will need to be paid before you can exchange and complete on your property.
If you can’t buy your investment property outright, you'll need to apply for a mortgage. Many people do this on a regular basis and it will have to be a specific buy-to-let mortgage. A standard or 'residential' loan is only relevant when you also plan to live in the property.
There are various differences between a residential and buy-to-let mortgage, and they start with the way your affordability is calculated. Instead of your salary, the lender will view the potential rental income of the property as your primary income source. Many lenders will then take your personal income into account as a secondary factor.
If you can’t buy your investment property outright, you'll need to apply for a mortgage. Many people do this on a regular basis and it will have to be a specific buy-to-let mortgage. A standard or 'residential' loan is only relevant when you also plan to live in the property.
There are various differences between a residential and buy-to-let mortgage, and they start with the way your affordability is calculated. Instead of your salary, the lender will view the potential rental income of the property as your primary income source. Many lenders will then take your personal income into account as a secondary factor.
Generally, investors do not live in their investment properties. If you chose to live in your Buy-to-let property, it is no longer an income-generating asset and it becomes owner-occupied instead. You must also consider the terms and conditions of your mortgage. If you have a buy-to-let property that you wish to move into, and which you have funded in part through that mortgage, you will need to change your buy-to-let mortgage to a residential mortgage before moving into the property itself. As a general rule, this is not common and often defeats the point of purchasing the investment property in the first place.
Generally, investors do not live in their investment properties. If you chose to live in your Buy-to-let property, it is no longer an income-generating asset and it becomes owner-occupied instead. You must also consider the terms and conditions of your mortgage. If you have a buy-to-let property that you wish to move into, and which you have funded in part through that mortgage, you will need to change your buy-to-let mortgage to a residential mortgage before moving into the property itself. As a general rule, this is not common and often defeats the point of purchasing the investment property in the first place.
A local property letting agent can help advise you on the typical rent you can expect to achieve on your investment property. We believe that happy tenants are key to success in property investment. Charging fair rents and treating tenants well means that they will stay longer, and therefore results in fewer void periods for investors.
A local property letting agent can help advise you on the typical rent you can expect to achieve on your investment property. We believe that happy tenants are key to success in property investment. Charging fair rents and treating tenants well means that they will stay longer, and therefore results in fewer void periods for investors.
Once you know how much you have for a deposit, you can start looking into what mortgage companies would be prepared to lend you. You'll be able to work out the loan to value (LTV) applicable for properties of different values. You can then use mortgage lenders' calculators to work out how much a mortgage would cost per month. If you've already worked out your monthly budget, you'll know how much spare cash you have to put towards paying a mortgage.
Once you know how much you have for a deposit, you can start looking into what mortgage companies would be prepared to lend you. You'll be able to work out the loan to value (LTV) applicable for properties of different values. You can then use mortgage lenders' calculators to work out how much a mortgage would cost per month. If you've already worked out your monthly budget, you'll know how much spare cash you have to put towards paying a mortgage.
Home equity is a homeowner's interest in a home. It can increase over time if the property value increases or the mortgage loan balance is paid down. Put another way, home equity is the portion of your property that you truly “own.” You're certainly considered to own your home, but if you borrowed money to buy it, your lender also has an interest in it until you pay off the loan. Home equity is typically a homeowner’s most valuable asset. That asset can be used later in life, so it’s important to understand how it works and how to use it wisely.
Home equity is a homeowner's interest in a home. It can increase over time if the property value increases or the mortgage loan balance is paid down. Put another way, home equity is the portion of your property that you truly “own.” You're certainly considered to own your home, but if you borrowed money to buy it, your lender also has an interest in it until you pay off the loan. Home equity is typically a homeowner’s most valuable asset. That asset can be used later in life, so it’s important to understand how it works and how to use it wisely.
A house in multiple occupation (HMO) is a property rented out by at least 3 people who are not from 1 ‘household’ (for example a family) but share facilities like the bathroom and kitchen. It’s sometimes called a ‘house share’. If you want to rent out your property as a house in multiple occupation in England or Wales you must contact your council to check if you need a licence. Renting out a property by the room tends to generate more revenue than letting it as a whole.
You must have a licence if you’re renting out a large HMO in England or Wales. Your property is defined as a large HMO if all of the following apply:
it is rented to 5 or more people who form more than 1 household
some or all tenants share toilet, bathroom or kitchen facilities
at least 1 tenant pays rent (or their employer pays it for them)
A house in multiple occupation (HMO) is a property rented out by at least 3 people who are not from 1 ‘household’ (for example a family) but share facilities like the bathroom and kitchen. It’s sometimes called a ‘house share’. If you want to rent out your property as a house in multiple occupation in England or Wales you must contact your council to check if you need a licence. Renting out a property by the room tends to generate more revenue than letting it as a whole.
You must have a licence if you’re renting out a large HMO in England or Wales. Your property is defined as a large HMO if all of the following apply:
it is rented to 5 or more people who form more than 1 household
some or all tenants share toilet, bathroom or kitchen facilities
at least 1 tenant pays rent (or their employer pays it for them)
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