Tag: assured shorthold tenancy

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90-Day Serviced Accommodation Limit Explained

90-Day Serviced Accommodation Limit Explained

Looking for more? Download our Serviced Accommodation FREE GUIDE → https://bit.ly/sareport22

Join us as we answer one of the most asked questions: What is the 90-day serviced accommodation limit? @whome5810 asked in our previous video: “Interesting video, how is he getting around the London bylaw that states you can only rent a property out as serviced accommodation for a maximum of 3 months per year?”

Kevin Poneskis, the UK’s leading serviced accommodation trainer, is here to tell all:

🏠 Cracking the 90-Day Code: Understand the ins and outs of the 90-day rule in London, specifically in the Greater London Council boroughs. Learn how to maximise short-term rentals legally AND lucratively.

🏠 Strategies for Compliance: Discover the art of staying compliant with the 90-day rule while still making substantial profits. Here, Kevin shares his expertise on incentivising longer bookings from corporations – a game-changer for service accommodation providers.

🏠 Pros and Cons Unveiled: Delve into the pros and cons of the 90-day rule. Kevin breaks down the potential earnings and limitations, providing valuable insights to help you decide if service accommodation in London is the right move for you.

DISCLAIMER: This video is not sponsored nor do any third-party affiliates endorse it. This is NOT financial advice.

#servicedaccommodation #financialfreedom #wealthbuilding #airbnb #landlords

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TIMESTAMPS:

0:00 What is the 90-Day Rule?
0:17 90-Day Serviced Accommodation Limit EXPLAINED
0:36 Is the 90-Day Rule REAL?
1:23 How to PROFIT from the 90-Day Rule
2:05 Will the 90-Day Rule Be MONITORED?
2:34 What Are the PROS and CONS of the 90-Day Rule?
3:06 Should You Do Serviced Accommodation in London?
3:18 Stay Tuned!

For more in-depth insights and tips on property investment, don’t forget to check out our No Money Down FREE GUIDE → https://bit.ly/nmdreport-yt
Fancy taking a tour around Darren O’Reilly’s London Serviced Accommodation unit? Tune in here: ▶️ https://www.youtube.com/watch?v=rQVuJEGggeM

#propertystrategy #cashflow #london90dayrule

At Progressive Property, our expert guidance arms you with the essential tools and expert guidance to conquer the world of property investment. Come to our free event here: https://bit.ly/msopi23

Kevin Poneskis: Lead Serviced Accommodation expert, trainer and educator.

After 24 years of service in the Army, Kevin made the decision to retire in 2011 and transitioned into a full-time property investor. Through strategic investment during his military career, Kevin established a property portfolio that allowed him to leave the Army without seeking additional employment, enabling him to dedicate himself entirely to its expansion. Currently, Kevin manages a multi-million pound portfolio comprising Buy To Lets and HMOs. However, his primary focus is on Serviced Accommodation. With over 60 SA properties, including a 16-room Apartment Hotel, Kevin generates a combined monthly cash flow ranging from £30,000 to £50,000 per calendar month!

#Servicedaccommodationmanagement #UKPropertyInvestment #ProgressiveProperty

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For more property tips & information check out our best-selling property investment books on Amazon: https://www.amazon.co.uk/stores/page/36AF2897-9B80-475C-8107-044DBE06D014
WARNING Progressive Property will never give out their number in the comments of this YouTube channel. There is currently a channel impersonating Progressive Property and commenting on videos with a number of messages about investing in cryptocurrencies so please beware of this.

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The Secret Way to Beat Inflation!

The Secret Way to Beat Inflation!

Looking for more? Download Kevin McDonnell’s No Money Down FREE GUIDE → https://bit.ly/nmdreport-yt

Listen to Kevin giving you the biggest secret for beating inflation

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What IS a Mortgage?! | Property Investing 101| Property Tip

What IS a Mortgage?! | Property Investing 101| Property Tip

Looking for more? Download Mark Homer’s FREE 42 Tips Guide → https://bit.ly/mhreport-yt

Today our host Emerald Fisk dives into one of property’s biggest questions… “What is a mortgage?”

There’s much talk at the moment around the Bank of England and current interest rates, even more so how this affects our mortgages. Whether you’re a seasoned investor or just starting out, understanding such financing options is crucial for your success. So, get your notebook and pen ready – let’s tune into this Property Investing 101: Property Tip!

🟠 Buy-to-Let Mortgages: Discover how buy-to-let mortgages differ from residential mortgages and why they offer flexibility for property investors. Learn how lenders assess your income and the income produced by your property, plus understand the method behind the buy-to-let stress test as well as recent changes in lending criteria.

🟠 HMO Mortgages: Explore the potential of Houses in Multiple Occupation (HMOs) and why they can boost your returns. Find out the experience requirements for HMO lending and the exceptions for first-time landlords.

🟠 Short-Term Lets: Thinking of renting your property short-term through platforms like Airbnb? Learn how lenders evaluate these types of property strategies and discover a unique approach to income calculation that can maximise your potential!

🟠 Semi-Commercial Mortgages: Uncover the benefits of investing in semi-commercial properties. We’ll discuss the experience level lenders prefer and the advantages of diversifying your portfolio.

🟠 Multi-Unit Freehold Block Mortgages: Explore the world of multi-unit freehold blocks and understand the conditions for first-time investors. Discover why this investment type can reduce risk and increase profitability.

Understanding Swap Rates vs. Bank of England Base Rate:

🟠 Swap rates heavily influence buy-to-let and other mortgage types.

🟠 Swap rates reflect overnight interest rates in the lending market.

🟠 Fixed-rate mortgages are based on swap rates, not the Bank of England base rate.

🟠 Bank of England base rate affects the standard variable rates (SVR) of lenders.

📊 SONIA Swap Rates Explained 📊

🟠 Uncover the significance of SONIA swap rates in property financing.

🟠 Learn how swap rates impact buy-to-let mortgages and other types of property loans.

🟠 Understand the role of the Bank of England base rate concerning swap rates.

For more in-depth insights and tips on property investment, don’t forget to check out Mark Homer’s FREE 42 Tips Guide linked above.

#buytolet #inflation #mortagerates #bankofengland #landlords #privatelandlords #SONIAswap rates #UKPropertyInvestment #PropertyTips #ProgressiveProperty

Emerald’s achievements speak volumes—she clinched the VIP JV of the Year Award in 2018 and has since soared to new heights. As a dedicated off-market broker from an award-winning firm, she secures her clients the best available rates. Your property dreams are in expert hands with Emerald!

At Progressive Property, our expert guidance arms you with the essential tools and expert guidance to conquer the world of property investment. Our method is comprehensive, taking you through every step, with personalised mentoring and a thriving community to ensure your success.
But our mission doesn’t end with education. We spark your love for property investment, guiding you through market intricacies and fuelling your drive to excel. With unwavering commitment, your investments and income can reach unprecedented heights.

Want to learn how to build your own property empire using NONE of your own money? Tune in with Kevin McDonnell, the king of ‘No Money Down’. ▶️ How to Build a Property Empire with ZERO Money – First Time Buyers Must Watch!

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0:00 BUY TO LET Mortgages
1:20 HMO Mortgages
2:47 SHORT TERM LET Mortgages
6:09 SEMI-COMMERCIAL & MULTI-UNIT FREEHOLD Mortgages
7:23 BONUS TIP: SONIA Swap Rates
9:26 FREE DOWNLOAD
9:40 Stay Tuned!

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Unleash the Power of Property Investment Mastery! https://www.progressiveproperty.co.uk/

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For more property tips & information check out our best-selling property investment books on Amazon: https://www.amazon.co.uk/stores/page/36AF2897-9B80-475C-8107-044DBE06D014

WARNING Progressive Property will never give out their number in the comments of this YouTube channel. There is currently a channel impersonating Progressive Property and commenting on videos with a number to message about investing in cryptocurrencies so please beware of this.

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How I make £360,000 from 1 RENT2RENT Property in London | Serviced Accommodation SUCCESS

How I make £360,000 from 1 RENT2RENT Property in London | Serviced Accommodation SUCCESS

Looking for more? Download How You Can Make a Fortune from Rent2Rent Serviced Accommodation In this FREE GUIDE → https://bit.ly/sareport22

Welcome to Camden, London! 🇬🇧

In this video, Kevin Poneskis embarks on an exciting tour of one of Darren O’Reilly’s remarkable service accommodation properties. Darren, a former attendee of our service accommodation training with Kevin Poneskis, kindly agreed to showcase this stunning property, consisting of five apartments. Join us as we explore the unique features and strategies, utilising Airbnb & Booking.com, behind this thriving business venture.

Want to work with Darren? Contact him through his website→https://deltainvestments.co.uk/

Highlights of the Tour:

🏙️ Urban Exploration: Discover the vibrant neighbourhood of Camden in London, where this remarkable service accommodation property is situated. Surrounded by convenient Camden pubs and restaurants, perfect for the contractor market.

🏡 Property Overview: Get an exclusive look at Darren’s property, which includes five stylish apartments, each with distinctive charm ensuring quality accommodation services.

🛏️ Apartment Layout: Explore the layouts of the apartments, which cater to both individual travellers and groups, with flexible bed arrangements. With the Staycation London boom in full force, catering to different customers is essential for cash flow success.

🖼️ Interior Design: Dive into the details of the property’s interior design, including bold artwork and smart TV setups.

🚿 Georgian Elegance: Learn about the property’s historical roots with its georgian interior design and its original features such as sash windows, while enjoying modern comforts.

🍽️ Kitchen Facilities: Discover the kitchenette areas equipped with essential amenities, perfect for guests exploring the vibrant culinary scene in Camden.

💰 Cost Analysis: Gain insights into the economics of Darren’s service accommodation venture, including rent, pricing strategies, and profit margins.

🏡 Legal Aspects: Understand the legal aspects of renting properties for service accommodation and how to ensure compliance with landlords and letting agents.
💡 Profitability: Explore the impressive profitability of this business model, with insights into costs, deposits, and net profits.

After dedicating 24 years of his life to the Army, Kevin made the bold decision to transition into full-time property investing back in 2011. Leveraging his dedication to building an investment portfolio while in the military, Kevin successfully exited the Army without needing another job, allowing him to wholeheartedly focus on its expansion.

Today, Kevin proudly oversees a multi-million pound portfolio, comprising Buy To Lets and HMOs. However, his primary passion lies in Serviced Accommodation.

#servicedaccommodation #airbnb #camden #london #landlords #privatelandlords #propertytour #propertyportfolio #interiordesign

At Progressive Property, our expert guidance arms you with the essential tools to conquer the world of property investment. Our method is comprehensive, taking you through every step, with personalized mentoring and a thriving community to ensure your success.

Are landlords the cause of mass inflation rates? Kevin McDonnell breaks down the latest report ▶️ https://www.youtube.com/watch?v=-Ja25Sie3Ls

0:00 1x Property, 5x PROFIT
0:31 How to MAXIMISE Space in Your SA
2:19 Features and Decor TOP TIPS
3:44 DANGERS of Macerating Toilets
4:46 Renovating a Georgian House
6:01 Is This LEGAL?
8:04 HOW Did He Do This?
8:42 Making £108,000 a YEAR from SOMEONE ELSE’S Property
10:50 FREE DOWNLOAD
11:05 Stay Tuned!

Want EXCLUSIVE benefits? JOIN PP CLUB:
https://events.progressiveproperty.co.uk/progressive-club/

FOLLOW US ON SOCIAL MEDIA:
Facebook Page: https://www.facebook.com/Progperty
Facebook Group: https://www.facebook.com/groups/progressivepropertycommunity/
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Twitter: https://twitter.com/progperty
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Unleash the Power of Property Investment Mastery! https://www.progressiveproperty.co.uk/
SUBSCRIBE for weekly content: / @progressiveproperty

WARNING Progressive Property will never give out their number in the comments of this YouTube channel. There is currently a channel impersonating Progressive Property and commenting on videos with a number to message about investing in cryptocurrencies so please beware of this.