The Ideal Location For Care Home Investments In The UK

Why Are Care Homes Good Property Investments?

Care home investments are one of the quickest growing sectors in property investment within the UK property market. Many investors are seeing the traditional buy-to-let market decline in demand, consequently giving investors a lower rental yield than ten years ago. Because investors are always looking for the most profitable investments, many have decided to venture out and diversify their portfolio by investing in a care home unit.

Care Homes Are High Yielding Investments With 10% Net Yields Annually

The Health and Social Care Industry is worth billions, which further confirms the high demand for care home properties and residential retirement homes. The demand is so high because the UK is experiencing the effects of an ageing population. The life expectancy has increased over the years and the UK has had to adapt to these changes by giving retirees more options when it comes to residential properties and specialist health/social care. The best option for the rising demand is to build more care homes to cater to the older demographic across the country.

Because the demand is so high, investors and developers are seeing a gap in the market. There aren’t enough residential options for pensioners who want independence, but still need care. Although the demand for care homes is acknowledged, the NHS hasn’t been able to keep up with the elderly’s needs.

As a result, private investors are putting their money into care home units to get a rental income from a high demand property. The high demand and low supply means the industry is less competitive and the rental yields per annum are very high at 10%. For an investor used to average buy-to-let yields of 5-6%, this is a massive opportunity for high profits.

care home investment

How To Find A Good Care Home Investment Location

When it comes to care homes, the location is very important. With such a specialist commercial investment, it will only be successful if you choose an ideal location for your property. For a care home investment, the most ideal location will have:

  • A high population of elderly people (over 65’s)
  • A high demand that is not being met (not enough care homes in the area)
  • A good quality care home development that appeals to the elderly (generally countryside locations near the coast)

A lot of the times, a new investor will assume that they can make the most return on investment by purchasing at a cheap price. You can purchase at a low price, but because you didn’t consider location there may not be any tenants at your door, reducing your chances of making a profit even more. However, if you consider location and how it will affect your prospects and in turn, your income, then you will see that the cheapest property won’t mean the most profit.

Locations such as the south west, more specifically Cornwall, Devon and Somerset have a high population of elderly residents. Out of those many people, there will be a lot who need health or social care as well as their own place that is provided in care homes. Areas such as Manchester and Liverpool (where student and buy-to-lets are popular) won’t have the same demand for care homes because there are a higher density of young people populating those areas.

Where To Invest In A Care Home

If you are experienced in property investment, you may have a contact with a developer or other investors who can get you care home investment opportunities. In this case, you won’t have to go far. For those who are less experienced in property or are new to care homes investments, you will need the help of a property investment company. A property investment broker will be able to offer you valuable investment opportunities without you needing to deal with the ‘middle man’.

A property investment company will give you investment opportunities at a discounted price. This is because all the maintenance, repairs, tenant sourcing, and health care is included in the investment price. For a fixed amount, you can have a long-term, high yielding, hands-free investment.

Because the property is for elderly people, the care of the tenants won’t be your responsibility. There will be trained staff hired to look after the residents, maintenance, medical, repair and operating costs.

A care home investment will make a good addition to any property portfolio, especially for those looking to diversify. A care home can be a good alternative to buy-to-let which are decreasing in rental yield as property prices increase. A property broker can give you information on the financing, deposits and legal requirements involved with this type of investment.

How To Find A Good Deal On Care Home Investments

A care home investment is much less popular than a traditional buy-to-let investment so you may not know someone who can get you a care home unit to invest in. However, that doesn’t mean that there aren’t any care home investment units on the market. A lot of property investment companies will realise the potential in a care home investment, so they offer profitable deals to their clients. The key is to find a property investment company that you can trust.

A property broker that specialises in commercial property investments is a good place to start. Care homes are a specialist commercial investment, so you need to go to a property investment company that covers those types of investments. They will be able to give you professional advice on care home investments as well as the profits you will receive, the property management involved, the legal paperwork needed and more. Also, they will be able to tell you about the exit strategy, which includes selling the property if the time comes.

Once you have chosen a property investment company that you can trust, you should be able to explain what you are looking for in the investment whether it is a passive income, more money aside for your retirement, or an investment to pass on to your children. Once you both have a grasp of the investment, you can begin the exchange of contracts and the keys will be yours.

What to Consider when Hiring an Property Management Company

What to Consider when Hiring an Property Management Company

Tips For Finding The Right Estate or Property Management Company

There is no dearth of property management companies advertising their services but choosing the right property management company is not an easy task especially for those who have never hired the services of an property management company. Here is a list of some of the factors you need to consider to ensure that you have chosen the right company for managing the estate.

On of the most important things you need to consider is the knowledge of the local market. If the professionals working in the company have no knowledge of the local market, they won’t know the exact things that tenants are looking for. A professional company that has a lot of experience in this area will be aware of the various factors that tenants usually look for when renting a property.

The professionals in these companies should have the experience and knowledge to make some smart recommendations to cut down on the cost and increase the rent rate thereby leading to increase in overall return. The main goal of the management company is to ensure that the property remains competitive in the market.

property management company

You should also ask the property management to give you the name of at least three references. After all, no one else can give you a better picture of the service offered by the company than a current client. Ideally, the management company should give you name of at least three clients with similar type of properties. It is important that you get in touch with these clients and ask them about their experience of working with the management company. This will give you a good idea of the strengths as well as weaknesses of working with the management company.

Customer service is extremely important as you will need to get in touch with the manager on a regular basis. Some of the management companies are never available when you need them the most. It is important for a management company to keep you informed and maintain constant communication. The manager should keep you apprised of the happenings in the market and the way property is being managed.

Since these management companies usually collect rents within the first five days of each month, it should hit your account within a short period of time. Some of the management companies collect the rent but do not deposit it in the account of the property owners for some time. In other words, the money that belongs to you earns interest for the management company instead of earning money for you. Therefore, you should really ask the management company when they are going to deposit the rent money in your account.

A management company also needs to have good accounting practices as you will need the income and expenses for filing the taxes. All the income, cash flows and expenses should be easily available to ensure that you can properly file the taxes.

Overall, these are some of things that you need to consider while hiring the services of a property management company.

Common Basement Waterproofing Problems

A wet or leaky cellar and cellar flooring can be a problem. Do you know the kind of foundation wall that you will need and which materials you will need? There are various potential ways that water may get in and flood or wetting only the basement floor regardless of foundation type. There are ways that water flood or wet the cellar floor Irrespective of base type and can get in. Basement waterproofing solutions ensure the prevention of damp walls and basement flooring and solves the water problems.

What’re the components that create or contribute to a water problem or flooding in the cellar? Build-up of water around the walls and floor of the cellar or semi-basement that may happen because of static strain is a factor in whether your cellar flooring become wet and damp or will remain dry. This unseen and unobserved water build-up causes upward strain on the base. This strain causes water to be pushed through the base to seams and cracks. Static pressure on the cellar foundation’s end result is a basement flooring. Wet basement floors due to This Sort of problem can be solved with even a cellar drainage system or a sump pump.

Basement waterproofing

With a deluge of rain, all of that water runs directly for the cracks in dry, compact soils. The dried out ground isn’t capable of handling the sudden influx of water and provides very little absorption until it really becomes wet and almost saturated. Regardless of what kind of foundation you can have, it might be predisposed towards cracking and that might make it susceptible to water intrusion. Poured concrete has enhanced the quality of basements over the past sixty years. Poured concrete does tend to crack.

Foundation cracks are perfect paths for water, soil gases, insects, etc. Since foundation and floor cracks may create a real difficulty in the basement, it’s never a bad idea to have the cracks professionally sealed. Basement windows, particularly those below grade come using the high likelihood that water can fill the exterior wells and lead to water infiltration throughout the windows. This kind of issue can be addressed using a brand new window well or exterior drainage. It’s best to have one of our staff come out and execute a cellar assessment to determine the best course of action.

Home Organisers


If you have clutter of any form in your home, you can be certain that you have some junk that you can get rid of. While it may not seem like ‘junk’, it may no longer be useful and holding onto it can be deadly, because you don’t know if you will ever need it again. Making the decision to get rid of your old things is actually one of the hardest challenges of decluttering. Like most people, you are probably having trouble with throwing away something you spent your hard-earned money on. On top of that, you may not want to throw things away because they hold more than monetary value, they hold sentimental value. These real and valid feelings make it challenging to part with our things.

This is where a professional organiser comes in. Home organisers understand the feelings of stress, frustration and anxiety of getting rid of old things and can help you get through the process of organising your home in a way that suits you. A home organiser can work around you and your goals, whilst giving you a new perspective into organisation and decluttering.

A team of professional home organisers can help you tackle the clutter with the following tips:

The 80/20 Rule

With many things including clothing, books, DVD’s, toys and many more, we generally only use 20% of what we own 80% of the time. The rule helps you to figure out what you don’t use 80% of the time to prioritise what you should keep and what you should give away.

Does It Still Work?

If you have items that you haven’t used in a while or once loved, find out if it still works and can be used. If there are missing parts, broken pieces or it has no use, then they should be thrown away. If it can be fixed, then you should fix it now rather than letting it sit in your house to collect dust. home organisers

Think About When You Last Used It

Many of our belongings are from impulsive purchases or only have a onetime use. In these cases, you should probably get rid of it, unless you are certain that you will need it again in the near future. If you find something and think to yourself, “I’ve been wondering where this was”, or “I didn’t know I still had this”, then it is a sign that it needs to be gotten rid of.

Clear Flat Surfaces

Areas in your home like counter tops, desks, tables, shelves, and TV stands are places where a lot of clutter can build up without you realising. You may place something on your desk and forget that it is there, never coming back to it again. These clutter-magnet areas pile up with mail, bills, magazines, cups and random junk that have no other place in your home. Although it is alright to have a few things on your counter tops – after all that’s what they are for – freeing up space will allow you to use the area in a more productive way.

Fleet GPS Tracker – All You Need To Know About Fleet GPS Trackers

GPS fleet tracking is the use of the Global Positioning System to help locate and manage vehicles on a map. Thus a fleet GPS tracker is the technology used in this undertaking. Data generated from this technology is extensively used by companies for safety and fleet efficiency. The companies are also able to boost saving of fuel since they provide drivers with better routes to take.

gps tracking explainedIt is advisable to invest in a fleet GPS tracker since it provides you with all the knowledge about the location of your vehicles and assets all the time. Combining vehicle diagnostics with fleet GPS trackers, helps enhance operations and performance of the vehicles thus bringing about various benefits such as increased savings.

The main benefit of using this system is that get to know where all your vehicles are at any time of the day. This results in you having all the knowledge about where all your assets are in case you will need to recall them.

It is also very important as it lets you know when there are inefficiencies in a fleet. In addition to that, routes used are faster and more efficient. The response time is improved and you are able to improve the standards by which your company delivers.

It leads to optimization of customer services. This is mainly because of the saved time. With shorter and more efficient routes, services are delivered to the customer promptly. The customer will not have to wait for extensive periods of time and it can turn out to be a very effective way of winning customers over.

As a result, you will also economize on fuel. The enhanced routes reduces chances that vehicles will make longer journeys thus bringing your fuel consumption rates to a minimum. Now that you have the information you need on these trackers, it is up to you to choose whether to use them or not.