Who are you?
We are Two Six Homes, an independent sales and lettings agency based in Palmers Green, North London. Our record of success is built upon a single minded desire to provide our clients, with a top class personal service delivered by highly motivated and trained staff. A sign of this success is the fact that a large proportion of our business is generated through recommendation. We like to provide a personal, but professional relationship with all our clients.
How long have you been trading?
We were established in 2011 and have a vast amount of experience between all senior staff
Why are you going into the auction market?
We feel this is definitely an excellent alternative way to purchase property and will become ’the norm’ in the future, this method will continue to expand. It should also allow transactions to be carried out at a much quicker pace. (Powered By LetsBid Property)
Where do you see the property market moving in the next 5 years?
I believe the London property market will always be robust even though it has slightly slowed down of late. The number of investors has decreased due to new stamp duty regulations and hopefully that will be something the government can look at to get things moving again at a steady rate. In London and as long as the property is priced correctly there will always be an interested buyer whatever the market conditions may be.
What advice would you give to Landlords or property investors in today’s market?
When purchasing a property for investment purposes you have to think with your head and not your heart. I have seen many people regret decisions they made on certain properties because they were too emotionally attached during the sales process. The key thing to remember when buying a property, is that you make a large amount of your profit from the purchase price. if you paid too much to start with you will always be playing catch up. When calculating a gross yield, always look for anything over 6.5%. With the correct guidance and knowledge, you will never lose when purchasing.