Blogs

We chose to invest and develop properties to make a difference to the property market and the make adifference to the tenants that we house. Here is our advice on budding property investors in 2023.

Our HMO Blueprint for 2023 and beyond (and how we survived Covid-19 and the rate interest hikes!)

Our clients (two friends and business partners) approached us just over six months ago to help them source, build and manage an HMO to earn some passive income and get their money working for them. Once they signed up with us, we got the process started. Our clients were the typical "cash rich/time poor" profile, of which we have helped many before. We sourced them a property that was tailored to their requirements. Within weeks of signing up with us, we found them a property through an online auction house. We secured the property for our clients and started the design and construction process shortly within weeks of completing on the purchase.

Over the next year commercial property opportunities will be in abundance with more supply than demand. The current financial climate and interest rate hikes will mean that high street bricks and mortar businesses will inevitably have to close, meaning there is huge opportunities for investors to get involved and profit from converting commercial building into residential use.

With the current economic climate, many people are looking to invest their money wisely. Property is often seen as a safe investment, and there are many reasons why this is the case. In this blog post, we will explore some of the key reasons why investing in property can be a smart move. Whether you're looking to buy your first home, buy to let or develop a property portfolio, we hope this blog post will give you some food for thought.

Over the past twelve months, we at Savoys Properties have listened to investors, landlords and prospective investors. A common occurrence in investor's is finding deals that make sense where the investor will recycle the majority of the money out of the deal once the development completes and not have huge funds invested from the outset to cover the refurbishment costs. What was clear was people want to invest in properties, but their most significant barrier to entry was related to lending.