Propell

🚀 Tune in to Episode 9 of The Propell Journey! In this episode, Adam Rajpal dives deep into the art of nurturing your network and explains why investors often back the person more than the idea. 💡🤝 He shares practical tips on building trust and genuine connections, showing how your personal brand can be just as impactful as your business concept. Looking to sharpen your pitch? Start with your relationships #Propell #Networking #GoodPitches

Landlords, are you inspection-ready? 🔍 Ealing Council is stepping up HMO inspections as part of its crackdown on rogue landlords. With over 15,000 private rental homes in the borough, the focus is on fire safety, proper amenities, and ensuring tenants have decent living conditions. Inspections aim to identify non-compliant properties, with enforcement action on the horizon for those falling short. This comes as new licensing rules give councils more freedom to enforce stricter standards. Landlords, how would your properties fare? Let us know ⬇️

Landlords voting Labour: was it worth it? A Landbay survey shows 80% of landlords who voted Labour wouldn’t do it again, thanks to stamp duty hikes on second homes. Some feel vilified, asking, “Who will house tenants when small landlords sell up?” While many landlords criticize current housing policies, others are hunting for new opportunities. Landbay’s message? A little support could boost confidence and help tackle the housing crisis. Landlord regrets or resilience, where do you stand? #Landlords #BuyToLet #HousingCrisis

Landlords, the rental market might be cooling, but the heat isn’t off just yet! 🏡 Zoopla says landlord sell-offs have slowed, but rental supply still lags behind pandemic levels everywhere except the East Midlands. Meanwhile, rents for new lets are predicted to rise 4% in 2025, pushing annual costs to £15,850. The bright side? Opportunities may emerge when base rates drop and yields improve. For now, tenants are seeking affordable spots like Rochdale (+11.9%), Blackburn (+10%), and Birkenhead (+9%). Is it time to expand your portfolio or hold steady? Let’s discuss! #Propell #Landlords #RentalMarket

Have you had a chance to sign up to our wait list? get involved with some behind the scenes testing & become a Propell Founding Member now! Pssst - If you haven't got any of our Merch yet, theres a few t-shirts left with your name on it 👀 #Propell #Propellers #PropellFoundingMember

🚀 Tune in to Episode 8 of The Propell Journey! In this episode, Mohammed Nasser shares invaluable advice on nurturing your network and pitching ideas effectively. 💡🤝  He emphasises the power of personal connections and why grabbing a coffee with a potential investor can open doors to exciting opportunities. ☕✨ Building relationships is just as important as pitching your idea.  What’s your go-to networking tip?  Let’s share ideas below! ⬇️ #Propell #Networking #GoodPitches

Selective Licensing: Could it impact your properties? 🏘️⚠️ North East Lincolnshire Council is eyeing new Selective Licensing plans, with consultations possibly starting January 2025. Key areas, like East Marsh, face serious challenges: low life expectancy, high crime rates, fuel poverty, and subpar property conditions. If introduced, landlords may need to work more closely with the council to meet stricter standards. Time to assess your portfolio and prepare for potential changes! #Propell #SelectiveLicensing #PropertyManagement

UK House Prices on the Rise – What’s Driving Growth? 🏡 The latest Halifax House Price Index highlights significant capital appreciation. Northern Ireland tops the charts at 6.8% annual growth, followed by the North West (5.9%) and West Midlands (5.5%). Meanwhile, London retains the highest average property price at £545,439. Key factor? First-time buyers are seizing opportunities from landlords exiting the market, driven by tax hikes and economic pressures. This shift is fueling demand for competitively priced homes, boosting overall market activity and connecting housing chains. Stamp duty changes loom, but for now, it’s a seller’s market. 📈 #Propell #HousingMarket #LandlordInsights

🔨 The High Cost of Cutting Corners Turning a family bungalow into a 15-room HMO? Bold… but illegal. 🛑 When a landlord in Surrey turned a bungalow into a 15-room HMO, the results were anything but legal—or safe. From rooms barely larger than a closet to severe fire hazards, this case shines a harsh light on why compliance matters. Fines? £12,000. Reputation? Destroyed. Most importantly, vulnerable tenants were left in dangerous, unlivable conditions. This cautionary tale highlights why cutting corners doesn’t cut it in property management. Let’s ensure everyone in the private rental sector raises the bar, not just the rent. 🚪🔥 #LandlordTips #HMOManagement #PropertyStandards