Can you still make money in buy-to-let? A professional's tips

This is Money Podcast

This is Money

Business News, Business, Investing, News

4.1 • 650 Ratings

🗓️ 28 September 2018

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

The reports of buy-to-let’s death have been greatly exaggerated. That is the view of one of the few professional residential property fund managers in the UK.

Alan Collett, who runs the Hearthstone fund, believes for the astute investor there is still money to be made from Britain’s homes.

You could answer, ‘well, he would say that’, but for those interested in the property market, his reasons are worth listening to.

In this week’s podcast, Simon Lambert, Sarah Davidson and Georgie Frost dig into the current state of buy-to-let and whether those without an entire property fund at their disposal can still turn a healthy profit if they think long-term.

Also on this week’s show, they discuss where the most homes have been built over the past decade, why Goldman Sachs’ new bank Marcus has got everyone talking thanks to an eye-catching savings rate and whether insurers really do spy on you – including if you’re burgled while Instagramming your holiday.

And finally, the new 68 registration plate was launched this month and that should have meant a surge in car sales, except as was suggested by one dealer we may already have reached peak new car and that has combined with diesel worries to sink sales.

The good news is that means bargains for car buyers, with as much as £10,000 off some models. We reveal which ones.

Transcript

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0:00.0	Welcome for This Is Money podcast in partnership with NS&I. I'm your host, Georgie Frost and alongside editor Simon Lambert and I today is Knowledge and Product Editor Sarah Davidson.
0:11.7	And it's all about heroes and villains. Can the great vampire squid, that is Goldman Sachs, persuade UK savers to join its cuddly new savings bank, Marcus.
0:22.6	The pariah of the housing markets, taking some blows of late, but is by to let really out for the count.
0:28.9	Plus, do you know who's snooping on your social media account?
0:33.0	And, well, it's not all bad news, as the police ride to the rescue of hundreds of millions of pounds worth of perfectly good cars, including Ferraris and Lamborghinis.
0:43.6	All this and plenty more coming up.
0:45.4	Don't forget you step to date with all the latest breaking money news.
0:48.3	Just go to this ismoney.co.uk.
0:51.7	This is money brought to you in partnership with NS&I, where safer savings set you free.
0:58.3	But first, the villain of the first time, buy a piece, Baitelet, has suffered a bit of a hammering over the past few years.
1:04.4	A succession of government and Bank of England crackdowns has left the sector reeling and many landlords pulling out altogether. But
1:11.7	don't write off by to let just yet, we're being told Sarah. Yeah, absolutely. We spoke to a fund
1:19.0	manager called Alan Collett last week, who's fund invest in residential property, rental property,
1:24.7	and he's still absolutely backing a sector. in fact if you speak to mortgage lenders
1:29.6	and mortgage brokers as well landlords aren't necessarily exiting the market in the droves that it
1:35.6	might seem like they are those who've maybe got one property or have become an accidental landlord
1:40.7	those are the people who are thinking you know know what, this is too much hassle now.
1:49.6	It's too expensive. It's not worth it. But the professional landlords are still very much in the game and are snapping up those bargains. It's just about knowing what kind of property and where to
1:54.6	buy. Simon, a bit more context. Why would people be leaving the buy-to-let market at the moment?
2:00.4	I've said Government
2:01.1	and Bank of England crackdowns. Give us an overview of what the industry is looking like,
2:05.5	how it's changed over recent years, and so why people might be suggesting it's dead?
	...

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