Author: The Team

  • That’s a Wrap: September News from MPG and the Industry

    That’s a Wrap: September News from MPG and the Industry

    Welcome to our September wrap-up, your monthly snapshot of what’s shaping the investment property space and what’s been happening behind the scenes here at My Property Group.

    As always, our goal is to keep you, our partners, in the know, connect you with the right opportunities, and share a little of what life’s like inside the MPG team.

    So what’s going on?

    Leasehold Reform: More Rights, Less Hassle

    The government has just announced big changes to help the millions of people stuck in outdated leasehold systems, and it’s a really welcome step forward. Under the new Leasehold and Freehold Reform Act 2024, leaseholders will finally get more transparency around service charges and insurance, along with protection from landlords trying to pass on hefty legal bills even when a challenge is successful. It’s about giving homeowners the clarity and fairness they’ve been asking for, and making sure landlords can’t hide behind complicated paperwork or surprise charges. (gov.uk)

    What’s great is that these reforms don’t just stop at clearer costs – they also mean residents get more influence over managing agents and tougher standards for how buildings are run. Add to that the longer-term plan to move away from leasehold altogether and towards commonhold, and it feels like a real turning point. For too long, leaseholders have been at the mercy of a system stacked against them, but this announcement shows that change is finally on the way. (gov.uk)

    The Property & Entrepreneur Summit London Social

    London’s property scene came together for a networking night at the Property & Entrepreneur Social hosted by Paul Stapleton. Held in Central London and backed by sponsors White Label and Merryoaks, the event brought together a buzzing mix of property pros, entrepreneurs, and ambitious go-getters. The room was full of great chats, new ideas, and genuine connections – exactly the kind of night you’d want if you’re serious about growth and collaboration. If you missed it… you’ll definitely want to catch the next one.

    ‘The Listing Process’ with Joe

    Our Head of Listings, Joe Herandi, hosted an exclusive webinar, where attendees learnt:

    • A step-by-step breakdown of the listing process⁣
    • How to position deals for maximum profit⁣
    • Smart ways to work directly with sellers⁣

    A perfect webinar for those who’ve felt unsure about how listings really come together, or how to squeeze more value from vendors, the session was packed with clarity and practical tips.⁣ Our weekly sessions are loaded with value, growth strategies, and real insider knowledge.⁣

    ‘Work Smarter, Not Harder’ with Rich

    Director, Rich van Ommen, hosted our second webinar of October, working directly on the following:

    • Filling the top of your funnel with more leads
    • Positioning your brand so others want to work with you – using your personal network and leveraging relationships.

    Another great chance for our partners to learn from the team at White Label Property (My Property Group). We look forward to our next webinar which is on Deal Progression and the Buyers Process – 15th October 7PM

    Inside MPG: Welcome My Property Refurbishment

    We’re really excited to confirm the acquisition and merger of a new property refurbishment arm of My Property Group. My Property Refurbishment now has a core team of ten with more than a decade of expertise and a proven track record of quality investment property refurbishment.

    We’re delighted to welcome Jamie Hughes and his team to the business and look forward to sharing the great work that has already begun on a number of properties across the UK.

  • Bank of England Cuts Base Rate to 4% – What It Means for Property Investors

    Bank of England Cuts Base Rate to 4% – What It Means for Property Investors

    The Bank of England’s Monetary Policy Committee (MPC) has voted by a narrow margin — five to four — to cut the base rate to 4%. The remaining four members voted to keep it at 4.25%, highlighting how finely balanced the decision was.

    This is the lowest the rate has been in almost two years, following a period at 5.25% between August 2023 and August 2024 with a gradual easing in recent months.

    While still far below the historic highs of 17% in the 1970s and 14% in the 1980s, the reduction will be welcome news to borrowers — and could signal more rate cuts ahead. Lenders are already reacting, which has implications for anyone in the property market.

    Why the Base Rate Matters

    The base rate is one of the Bank of England’s main tools for controlling inflation — the rate at which prices rise. 

    In simple terms:

    • Higher interest rates → people and businesses borrow less and spend less, particularly on non-essentials → overall demand falls → price rises slow down.
    • Lower interest rates → borrowing becomes cheaper → spending and investment increase → can boost growth, but risk pushing prices higher.

    The Bank of England adjusts rates in response to economic conditions, and even modest changes can shift market sentiment.

    Impact on Property Investors

    For investors reliant on borrowing, a drop to 4% can cut financing costs and improve profitability.

    With savings rates likely to follow the base rate downwards, leaving money in a low-interest account becomes less appealing. Property offers:

    • Potentially stronger long-term returns than savings accounts
    • Capital appreciation over time
    • Rental income to help offset borrowing costs

    A Resilient UK Housing Market

    Despite higher rates over the past two years, the UK property market has held firm, supported by a persistent supply-demand imbalance.

    Investors are adopting more strategic approaches:

    • Targeting locations with regeneration plans
    • Upgrading portfolios by replacing older stock with modern, energy-efficient homes
    • Focusing on lower-cost regions to reduce borrowing and boost yields

    Where the Opportunities Are

    The North West, North East, and Yorkshire & the Humber have recently outpaced London and the South East in house price growth.

    These northern regions also deliver the highest rental yields in the country, offering strong prospects for both capital growth and income.

    Timing Your Move

    Property is generally a long-term asset, meaning earlier investment can bring greater gains.

    For those aiming for short-term profits, flipping properties requires careful market timing. Others prefer off-plan investments, locking in pre-completion prices that can offer:

    • Built-in capital growth potential
    • Brand-new properties that appeal to modern tenants and buyers

    Final Thoughts

    The cut to 4% is more than a minor adjustment. It may mark the start of a more favourable borrowing environment. For property investors, this could be a strategic moment to expand a portfolio, enter the market, or secure off-plan deals for future growth.