JBA Property

Home
United Kingdom
London
JBA Property

JBA Property is an established property investment platform which provides bespoke services to help you achieve your financial goals.

15/09/2020

Investment Strategy: Buy, Refurbish, Rent (BRR)

Here's your next dose from the investment strategy series! Considered the bread of property investment, BRR is a popular technique (not really a strategy but who cares 😉) amongst property investors.

In a nut shell, it involves purchasing (in most cases) a run down property, carrying out a refurbishment, refinancing, and then letting the property out. The aim is to pull out your money when you add value to the property at the refurbishment stage. Therefore, when it comes to the refinance, the property has a higher valuation and you receive the difference in cash (very simply explained). Funds have been recycled and you can use the cash to move onto the next project. ⚒🔧

I'm sure you can guess why its a popular technique as it can be a relatively quick way to build a portfolio. 🏠🏠 The more properties you have, the more cash 💵 you can release. It's not always that simple however. Not every property is a BRR and it simply wont work in some areas. It also involves getting your numbers spot on and everything going to plan - which is not always possible in property!

Has this been helpful? Drop a comment below if you have any requests or need anything clarifying!

11/09/2020

From that to this!! This refurb took a little over one month to complete and looking back at the condition the property was in before, we’re happy with the finished look! Next step - make this a happy home for new tenants! 🎉🎉

27/08/2020

Do you know the process of purchasing a property⁉️

It’s a question we get asked about a lot! You’ve done your research on right move or Zoopla, you’ve viewed the property you love, your offer has been accepted and the agent says, call your solicitor ... but what actually happens now⁉️⁉️⁉️🤔🤔

Generally, there are four stages to buying a property:

1. Instructions. This includes obtaining your details, the details of the property and how you intend to fund the purchase💵💵💵.
2. Due diligence. This includes investigating the title of the property, raising enquiries about documents/information supplied by the vendor and/or missing information. Searches are also carried out on the property which tell you, amongst various other things, whether any prior works have been carried out at the property and whether planning permission and/or building regulations consent was obtained.
3. Exchange. Once the due diligence is complete, your solicitor will report to you the information relating to the property. It is at this point that you sign the Contract, Transfer and other relevant documentation and pay the deposit (usually 10% of the purchase). Generally, the deposit is non-refundable so you need to be sure that you want to proceed🚀🚀🚀.
4. Completion. Picking up the keys day🔑🔑🔑. This is the day on which the balance of the purchase price is paid and you pick up the keys to your home! 🏡🏡🏡

Let us know if this has been helpful and we’ll post more!

21/08/2020

Check out our latest project in Derby! Despite the disruptions of supply lines we were able to complete the refurb and furnish the property in good time for our tenants. We also added a splash of colour with the yellow! What do you think? Too bright or fun and quirky!? @ Derby

18/08/2020

Investment Strategy: HMO

A HMO, or House of Multiple Occupancy is a popular strategy for property investors. Defined as a premise where 3 or more (not relatives) tenants are living together with certain shares faciliites, HMOs are a high cashflow strategy.

Did you know that there are also subcategories of HMO?

For example, there are HMOs geared towards young professions and then the more traditional student let HMO.

This strategy isn't for everyone however. They can be high maintenance and any voids can quickly eat into profits.

Our top tip - research the geographical location thoroughly and make sure there is the demand for HMOs in the area.

07/08/2020

Can’t wait to see this house become a home in a matter of a few weeks!

We decided to use the soft grey to give the place a bit of character! Let us know what you think as we’re thinking of doing this for our other projects too!

05/08/2020

Have you had this message from your bank recently? It is frustrating to see that the average savings account receives just 0.5% interest. Taking inflation into account and savings are essentially being eroded

That's why our mission is to help our investors make their money work harder for them. Our investors are earning returns of up to 8%, helping them to achieve their personal goals and strive towards a more successful and prosperous future.

29/07/2020

Refurb coming along nicely at our latest HMO project in Derby.

We went with a new firm of builders this time after meeting them during our last visit to the area. Safe to say we are very pleased so far!

@ Derby, England, Unitled Kingdom

23/07/2020

Landlords! Do you know when you last carried out your electrical installation inspection?

From 1 June 2020, the private rented sector must ensure every electrical installation in their residential premises is inspected and tested at intervals of no more than 5 years by a qualified and competent person. This now applies for Houses of Multiple Occupants and Buy-to-Let properties.

Arranging the electrical installation inspection is relatively cheap and easy so don't delay as failure to do so could attract financial penalties of up to £30,000!

For more information, visit the gov.uk website.

https://www.gov.uk/government/publications/electrical-safety-standards-in-the-private-rented-sector-guidance-for-landlords-tenants-and-local-authorities/guide-for-landlords-electrical-safety-standards-in-the-private-rented-sector

17/07/2020

Are you moving in or out of your rented accommodation?!

Did you know that since the introduction of the Tenant Fees Act 2019, landlords can only charge payments which are allowed under the Act? This includes things like rent, security deposits (up to 5 weeks' rent in most cases), utilities and council tax.

Many fees are now prohibited under the Act so don't get caught out by paying fees which you shouldn't have to. This includes fees for services such as referencing checks, credit checks, inventories, cleaning or gardening and general administration! This now applies to all Assured Shorthold Tenancies (ASTs).

If prohibited fees are charged, landlords may be restricted from serving Section 21 (eviction) notices so care needs to be taken!

Useful to know?! Let us know and we'll post more related content!

14/07/2020

Our builder asked if we wanted to keep these fireplaces in the rooms of our latest purchase. 🤔

Sometimes modern refurbs can look sterile and it's important to have feature pieces to keep the character of a property and add to that homely feel. 🏠🏡

Do you agree? Would you keep the fireplace or rip it out?

@ North East UK

09/07/2020

Mini Budget Announcement - Did you hear about it!?

Rishi has been at it again, announcing various measures introduced to kick-start the economy in the wake of the Coronavirus pandemic.

There were a few property-related measures, did you spot them?

Stamp Duty Land Tax! This is a big one! Homebuyers will be exempt from paying stamp duty land tax on the first £500,000 of a property price. This is effective immediately and will run until 31 March 2021. This effects almost everyone buying a property (in a good way!)

Green Investment – Homeowners will be provided with £5,000 vouchers to make their homes more environmentally friendly. The vouchers will be increased to £10,000 for some of the poorest families.

Address

12 Old Bond Street, Mayfair
London
W1S4PW

Telephone

+447856272498

Website

https://www.jbapropertyholdings.co.uk/home

Alerts

Be the first to know and let us send you an email when JBA 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 JBA Property:

Shortcuts

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