https://www.facebook.com/137041299488565/

Purple Fox Property

Home
United Kingdom
Croydon
Purple Fox Property

Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Purple Fox Property, Property investment firm, 31 Abbey Road, Croydon.

22/11/2024

Mould can be a common problem in UK homes, especially during the colder months.

To prevent mould growth, it’s crucial to ensure proper ventilation throughout the home, particularly in moisture-prone areas like kitchens and bathrooms.

Using extractor fans, opening windows regularly, and maintaining consistent heating can help keep humidity levels under control.

Addressing leaks or water damage quickly is also key, as these create ideal conditions for mould to thrive!

Don't forger you can also opt for mould-resistant paints or treatments in high-risk areas which can offer extra protection. B

Do you struggle to prevent mould in your property?

15/11/2024

When purchasing a development property, keep an eye out for these 4 red flags 🚩

Structural Issues – Cracks in walls or foundation problems can be costly to fix.
Local Planning Restrictions – Ensure your plans align with local regulations, especially if it's in a conservation area.
Damp and mould – Another costly expense can be dealing with mould and what is causing it.
Poor location - Remember, most properties have a ceiling price based on the location that they're in.

What would you add?

08/11/2024

Yesterday, the Bank of England announced that interest rates have been cut by 0.25%.

This is great news for those who take out a loan to fund their renovation projects, or have a mortgage on a BTL.

On average, if you're on a tracker mortgage you can look to save around £15 per month on every £100,000 you borrow.

Of course, this completely depends on your personal circumstances and the length of your loan.

Will a cut in rates encourage you to expand your portfolio?

Comment your thoughts below!

30/10/2024

Good news, and bad news.

In today's budget, The Chancellor announced that CGT rates will not change despite expectations that they might! 🌟

However, stamp duty rates are being increased for second homes.

Did you see the budget?

What are your thoughts?

25/10/2024

Over the past few weeks there has been increased speculation that interest rates will be cut significantly following the lower than expected rate of inflation.

This has prompted may senior economists to predict that we could see a big cut at the next decision in a few weeks time!

18/10/2024

When renovating your property, often you will want to do as much as you can to save money.

This is great, and often well worth it!

However, some jobs are simply best left to the professionals.

From electrics to plastering, sometimes you can make things worse by attempting it yourself and it may even be dangerous!

What jobs do you always outsource?

Comment below 👇

10/10/2024

Did you know that this month is National Home Security Month? 🔒

When renovating a property, ensuring the property is secure is vital to protect your investment and minimise disruptions.

Installing temporary security systems, such as CCTV cameras, motion detectors, and alarms, are all great ways to keep security up, as well as reinforcing entry points like doors and windows, helping to prevent unauthorised access.

Also, don't forget insurance!

How do you keep your property secured during renovations?

03/10/2024

Data that has come out this week has revealed that house prices are now at the highest point since 2022.

Remember, when everyone was saying there would be a housing crash... 🤔

This highlights why it's important not to get too caught up in speculation over when is the 'perfect' time to buy or start your journey!

You have to do it when things feel right for you!

Of course, research is super important and highly recommended, but no one can predict the future!

*This is not advice and you should always do your research and speak to an expert before making a decision.

26/09/2024

Starting a renovation project?

Here are my top 3 tips!

1️⃣ Plan, plan, plan: You can never be too organised! Having a solid plan helps you stay on track with time and budget (trust me, things can get chaotic fast).

2️⃣ Hire the right team: Do your research, read reviews, and always hire reliable contractors. A great team makes all the difference!

3️⃣ Be patient: Renovations always take longer than expected. Stay flexible and remember – the end result will be worth it!

19/09/2024

It has just been announced that the Bank of England are holding interest rates at 5%.

However, there is some good news for borrowers are it is expected that there will be a cut before the end of the year.

If you're unsure how this will impact your mortgage, or potential purchase it's a good idea to speak to a qualified mortgage advisor!

11/09/2024

According to ONS data, average private rents in the UK increased by 8.6% in the 12 months up to July 2024.

This comes as a result of higher interest payments, often passed on to renters, as well as other factors which influence the market such as demand.

Have you noticed a steep increase in rental prices?

As a landlord, are you increasing your tenants rent to match the industry trends?

Let me know your thoughts below 👇

06/09/2024

Why you need a mentor (And what they don’t offer) 💭

Having a mentor has been one of the most valuable experiences in my journey. Here’s why:

🔹 Sounding Board: A mentor provides a safe space to bounce ideas around and discuss challenges. They listen, offer advice, and help you see things from a different perspective.

🔹 New Perspectives: They push you to think outside the box and challenge your assumptions. Sometimes, they even encourage you to take risks—like writing this post!

🔹 Comfort Zone Push: Mentors often push you outside of your comfort zone, helping you grow in ways you never imagined.

But here’s the thing—mentors don’t know everything. They may not have expertise in every area or know every strategy. Ultimately, your success depends on the effort you put in and how you apply the guidance they offer.

A mentor is a guide, not a magic bullet. Your journey is still yours to shape!

𝐀𝐫𝐞 𝐲𝐨𝐮 𝐢𝗻𝘁𝗲𝗿𝗲𝘀𝘁𝗲𝗱 𝗶𝗻 𝗶𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝗶𝗻 𝗽𝗿𝗼𝗽𝗲𝗿𝘁𝘆, 𝗯𝘂𝘁 𝗻𝗼𝘁 𝘀𝘂𝗿𝗲 𝗵𝗼𝘄? 𝗦𝗲𝗻𝗱 𝗺𝗲 𝗮 𝗺𝗲𝘀𝘀𝗮𝗴𝗲 𝗼𝗿 𝘀𝗰𝗵𝗲𝗱𝘂𝗹𝗲 𝗮 𝟭𝟱 𝗺𝗶𝗻 𝗰𝗮𝘁𝗰𝗵 𝘂𝗽 🚀 🔥

Address

31 Abbey Road
Croydon
CR01RW

Telephone

+447466035730

Website

facebook.com

Alerts

Be the first to know and let us send you an email when Purple Fox Property posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Purple Fox Property:

Shortcuts

Want your business to be the top-listed Finance Company in Croydon?