Interim Accounts for the 6 months to December 2019
By Tom Tennant on 24th Apr 2020,
Somerset Estates REIT Plc (“Somerset” or the “Company”) is pleased to announce its interim results for six months to 31st December 2019....
37/39 Rookwood Avenue Sale - How to generate a 1760% return
By Tom Tennant on 2nd Aug 2019,
The old saying “Don’t wait to buy real estate, buy real estate and wait” has been very much on my mind the past few weeks. Long term investment in...
Interim Accounts
By Tom Tennant on 9th Jul 2019,
Dear Reader, I am pleased to say that as of 30th June 2019 Somerset Estates REIT Plc has completed its first full financial year as a Real Estate...
End of year letter
By Tom Tennant on 10th Jan 2019,
Happy New Year! I hope everyone had a fantastic Christmas and New Year break and I wish you all a prosperous 2019! Our first accounts as a publicly listed...
The Future of Buy to Let
By Tom Tennant on 22nd Aug 2018,
Why do we care about the future of The Buy to Let (BTL) market? First and foremost, because itis a crucial element of the housing mix in the UK. The sector...
70 Grosvenor Place, Margate - Deal Announcement
By Tom Tennant on 28th Jun 2018,
Somerset Estates REIT PLC are delighted to announce that we have completed on the purchase of 70 Grosvenor Place, Margate. 70 Grosvenor Place is a block of...
Taxing Times for Landlords
By Tom Tennant on 3rd Apr 2018,
The foundations for the modern UK Buy to Let (BTL) market were put down in the 1988 Housing Act which put in place full deregulation of rents and...
What would an interest rate rise mean for homeowners?
By Tom Tennant on 1st Mar 2018,
In the residential property world, the most important macroeconomic indicator we're obsessed with is interest rates. Interest rates are the main tool the...
To REIT or not to REIT...?
By Tom Tennant on 21st Feb 2018,
It has taken 18 months of hard work (and a fair amount in legal, accountancy and consultancy fees!) to get the position on the 21st December 2017 to...