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Property

Regulation for Managing Agents

By Bernie Wales / 6th April 2018 / 0 Comments

Way back in 2002, and in response to the then Government’s consultation ‘Improving the standard of residential leasehold management’, the Leasehold Advisory Service; LEASE said: “From research, elsewhere (France and Australia) it is clear that a licensing system is fully achievable, acceptable by the industry and effective in regulation of standards. It is clear that…

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My FREE Download – Perfect if You’re Selling a Flat With a Short Lease

By Bernie Wales / 2nd May 2014 / 0 Comments

I’ve just released my latest FREE download, which I’ve written to help people faced with a specific issue that more and more have to face … selling a flat with a short lease. No-one looks back on that awful moment when their Estate Agent tells them that they have a Short Lease with anything other than gloom.…

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Unregulated Collective Investment Schemes – FCA PS13/3

By Bernie Wales / 18th February 2014 / 0 Comments

In the property investment world, by far the biggest talking point throughout January was FCA PS13/3 – the latest Policy Statement relating to Unregulated Collective Investment Schemes.  To the outside world it’s a great cure for insomnia, but it sent many property investors into a panic. There were even webinars and articles entitled “RIP  Joint…

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Property Showcase – Ask the Expert – Property Search TV

By Bernie Wales / 11th December 2013 / 0 Comments

Scroll down to see Bernie’s TV debut Property Showcase is a new television programme brought you from the people at Property Search TV (www.propertysearchtv.co.uk), who are pioneering a new way of renting, letting, buying and selling property using television and film (see below).  You can see the programme at 6:30pm on Monday evenings on Showcase…

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Relational or Transactional Property Management – Which is Best for You?

By Bernie Wales / 6th February 2013 / 0 Comments

I found myself in London’s bustling West End quite recently, shopping for clothes, when a man came up to me in one of the big department stores and said something unexpected.  It was so unexpected that it got me thinking about business, customers and business relationships … and in particular, property management business.  I’ve been thinking…

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Regulation of Managing Agents – A Different Approach

By Bernie Wales / 15th January 2013 / 0 Comments

Regulation of Managing Agents is needed to solve leaseholders’ problems. Bernie Wales agrees something needs to be done, but he has a different approach. In recent weeks, there have been many column inches filled with people’s views about managing agents and how ‘regulation’ is needed to solve leaseholders’ problems. Whilst I agree that something needs to…

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Property Service Charges

By Bernie Wales / 1st July 2012 / 0 Comments

I recently read an article on ‘The Great Service Charge Rip Off: http://www.property118.com/index.php/revealed-the-great-leasehold-service-charge-rip-off/29093/ While the author has made some good points, for the most part I don’t agree with what has been said. For example “It’s likely that if you own a leasehold buy to let property that you have been a victim of the great…

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Property Investment Networking

By Bernie Wales / 1st July 2012 / 0 Comments

New to PIN Meetings? Come along, it’s on me… Have you been out property investment networking lately?  Have you tried PIN (the Property Investors Network)? I’m pleased to announce an event taking place next week at Canary Wharf. It’s happening on the evening of July 5th and it’s a great opportunity to soak up some practical…

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Property Investment UK – Do Renovations Add Value?

By Bernie Wales / 15th May 2012 / 0 Comments

Several years ago property investors were making huge profits by renovating flats and houses and re-selling them at a premium. Across the country, in a buoyant market, property was being bought at a reduced price, and whilst the renovations were carried out not only would the investor benefit from a general rise in house prices,…

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