British Homes Group in Landlord Investor Magazine

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ORLANDO RECORDS FASTEST GROWING POPULATION IN THE US
AS INVESTORS LOOK TO THE SUNSHINE STATE

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Orlando is number one destination for population growth, welcoming over 60,400 new residents in 12 months (US Census Bureau)

FOLLOWING IN THE FOOTSTEPS OF ITS MOST FAMOUS RESIDENT, MICKEY MOUSE, THE US CITY OF ORLANDO IS CONTINUING TO ATTRACT A SIGNIFICANT NUMBER OF NEW INHABITANTS.

CLICK TO READ THE MAGAZINE

According to the most recent figures released by the US Census Bureau, Orlando is the number one destination for population growth, adding over 60,400 new residents in just 12 months (July 2014 to July 2015).

This substantial increase accounted for a 2.6% growth in Orlando’s total population during the 12 month period, making it the fastest growing of the US’s 30 largest regions. Orlando’s rising population ensured that it was also named in Forbes.com’s prestigious list of America’s fastest growing cities.

Compiled by ranking the 100 largest metro areas and their surrounding suburbs, they factor in population growth for 2015 and 2016, year-over-year job growth for 2015, the metro’s economic growth rate, unemployment, and median annual pay for college-educated workers in the area.

Currently ranked 7th, with a substantial projected growth rate of 2.03% for 2016, Orlando is definitely a city to watch this year. With a rising population comes growing housing demand, and savvy international investors are increasingly looking to Orlando and the Sunshine State of Florida as a safe and secure destination, with a wealth of opportunities.


In 2015 Orlando greeted over 66 million tourists,  (Florida over 100 Million!) a 5.4% growth in comparison to 2014

As well as experiencing strong population growth, Orlando has also witnessed a surge of tourism in recent years, adding to its already strong position as a hub of real estate investment.

2015 saw Florida become the first state to ever welcome more than 100 million out-of-state and international tourists, with over 105 million people visiting the Sunshine State throughout the year. Will Seccombe, President and Chief Executive Officer of Visit Florida, the state’s tourism authority, emphasised Orlando’s part in this record breaking achievement, explaining,

“Orlando is the most visited destination in the United States. It’s the most visited city, and certainly the home of the theme park capital of the world, right? No place else on earth can compare to that.”

The city itself attained a new tourism record in 2015 as ‘The City Beautiful’ welcomed over 66 million tourists. George Aguel, President and Chief Executive Officer of Visit Orlando, the region’s tourism arm, recently revealed 2015’s 5.4% growth, which comes just a year after Orlando became the first US destination to surpass 60 million visitors.

Orlando was America’s number one employment centre for job growth in 2015 (Labour Market Data)

Read the full article on our Buy To Let Homes site.

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With over 20,000 investment homes to choose from, British Homes Group can provide a fully managed leaseback agreement and bonus access to an exclusive rental partnership with Virgin Holidays. The partnership can assist and support investors in finding reliable tenants in order to make the most of the property.

For more information please contact British Homes Group today on +1 407 396 9914 or visit www.britishhomesgroup.com

Orlando Florida, USA

www.BuyToLetHomes.com | www.BritishHomesGroup.com

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Serving UK and International Villa Owners and Property Investors in the Walt Disney Area of Central Florida For Over 30 Years!

Buy To Let Homes Orlando

New Buy To Let Development in Orlando, FL

28 Oct 2015 16:37PM

New Buy To Let Community in Orlando, FL

George Bernard Shaw of Pygmalion and My Fair Lady fame (amongst others!) once aptly observed that England and America are two countries separated by a common language!

And no-where is this more clear than in investing in holiday homes and other property in the United States … where valuations are appraisals, settlements are closings and no-one is quite sure what an Escrow is!

And that is where The British Homes Group Florida comes in!

“It’s not very often an Investor Real Estate opportunity comes along like this and we are proud to offer it to the buy-to-let and overseas investor community.”- Bill Cowie Commercial Director, British Homes Group

For over 20 years the British Homes Group in Orlando has been helping UK and Overseas clients buy homes around the Disney World areas of Orlando. Most of our team are from the UK, having made the move to Orlando decades ago.

We therefore speak ‘both languages’ as they say and help make the process of buying a home here much easier to understand and navigate.

This specialised “Buy-To-Let” part of the Group identifies homes that are more suitable for buyers that have little interest in using the homes themselves and/or who want long-term security in the rental income for the property.

This is a 57 home purpose built, buy-to-let community, that is already over 50% sold out. The Rosemont Woods development was built by Park Square Homes, is managed by Contempo and houses Virgin Atlantic Holidaymakers.

The initial Rental Agreement is for 5 Years, after which, it is renewable for another 5 Years.

If you think about that for a moment, at $2,500 a month for 10 Years that is a gross income of $300,000 – almost the purchase price of the home!

That’s why this unique situation is great for buy-to-let landlords, investors and cash-buyers in particular. Mortgages are available, with a minimum 30% deposit.

We are heading to the “A Place in the Sun” show in Birmingham this weekend so please send us an email if you would like to discuss in more detail.

We are also in the Show edition of the Magazine.

Why BUY TO LET?

Because it’s a safe, sensible and secure new way to invest in Florida real estate.

BHG is headquartered in Orlando, FL and for 30 years now, has been helping international clients buy and sell residential property in the short and long term rental areas around Orlando and Disney World.

We know this uniquely Florida real estate marketplace very well, therefore – and speak both languages fluently!

BUY TO LET versus “LEASE-BACK”

BUY TO LET has been an increasingly popular form of property investment in the United Kingdom for many years.

UK Definition (US Wikipedia)

Similarly, so too has SALE & LEASE BACK in the United States. “Sale & Lease-Back” is often used by companies wishing to raise working capital for their businesses by “selling” their property and then “leasing” it back for their own use.

ORLANDO VILLA BUY TO LET

In Orlando recently a similar arrangement has been made between:

1)  A major British airline (Virgin Atlantic) wishing to secure future villa accommodations for its ever-increasing British holiday-maker customers coming to Orlando each year;

2)  British property investors wishing to “Lease-Back” their villas to the programme to offset their operating costs and generate rental income when they are not using it and

3)  A leading Orlando Villa Management Company, Contempo Homes.

The initial (and renewable) lease-back/Guaranteed Rental period is for 5 years.

A Simple and Sensible “Win-Win” proposition indeed!

The villas are managed and the booking arrangements made by CONTEMPO HOMES, a well-established and respected Orlando-based villa management company expert in serving the often unique requirement of the UK villa ownership community in the Disney-area of Central Florida.

VILLA PRICES & GUANTANTEED RENTAL INCOME

Rosemont Woods, the new guaranteed rental BUY TO LET villa village, is located in Providence (www.providenceflorida.com) the prestigious gated, golf-course community close to Walt Disney World.

All Rosemont Woods BUY TO LET villas come fully furnished, have private pools (as well as access to a Word-Class Club House, tennis courts, community pool and the like).

Prices range for the mid-200’s to the mid-300’s. Guaranteed 5-year monthly rental incomes range from $1,400 to $2,500 per month – depending on the size (4-5 bedrooms) and location of the villa.

A limited number of homes are planned for this community. Please call or email us for more information.

Please visit: www.buytolethomes.com or email buytolet@buytolethomes.com

Request more information on homes for sale around Orlando or submit a Custom Property Search Request

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The BRITISH HOMES GROUP Florida
Offices in Kissimmee and Davenport

Info@britishhomesgroup.com or (+1) 407 396 9914

New Florida Villa Purchase Incentives!

IMPORTANT ANNOUNCEMENT!

New Florida Villa Purchase Incentives!

We are delighted to announce the alliance of two leading property and finance organizations in the Disney area of Central Florida.

The two “UK/Florida” organizations are

BRITISH HOMES GROUP and FLORIDA HORIZONS REAL ESTATE

Our brand-new collaborative and mutually-supporting organization is named

THE ORLANDO PROPERTY ALLIANCE

The purpose of our new “OPA” is to help our customers take full advantage of the current once-in-a-lifetime Florida property “Buyers Market” before it passes completely by:

1.  Continuing to provide honest and trust-worthy advice and assistance to Florida property investors throughout the US and around the world;

2. Expanding our renowned “one-stop shop” convenience of property-related services to our our thousands of UK and international customers and

3. Offer an increasing selection of low-cost financing options.

BRITISH HOMES GROUP will continue to provide regular updated and accurate subscriber (complimentary!) information on the Florida investment property marketplace in general and “News You Can Use” about residential property ownership in the Orlando area in particular.

From time to time, as we have done for the past 10 years, we will also feature select holiday homes in the Disney area that we believe represent unusually attractive investment values for our customers.

FINANCING – British Home Loans, our Florida-licensed mortgage brokerage company, is always seeking low-cost and safe financing options for our customers.

Sometimes these financing “specials” are mortgages offered by Florida builders themselves as part of their of-necessity highly-competitive “Sales Package”.

Additionally, some US lenders are now beginning to re-enter the Florida residential real estate market as it begins to rebound after the severe recessionary pressures of the past 5 years.

FLORIDA HORIZONS REAL ESTATE, with over 35 years of international real estate experience, specializes not only in selling residential properties throughout Central Florida but also maintaining long-term professional relationships with all local builders.

Florida Horizons, therefore, can often alert our customers to attractive Florida property opportunities before they become widely-known to the general public. These offerings include both lifestyle and investment opportunities.

FLORIDA HORIZONS REAL ESTATE also offers a number of other valuable professional services to Florida homeowners and property investors. These services include home sales, low-cost financing (for both US, UK and other “Foreign National” property investors), full Property Management and Rentals to name but a few.

Alliance Announcement Celebration & Incentives!

To celebrate our new Alliance we will not only be featuring some of the very best property values currently on offer in Central Florida but also, for new and existing customers purchasing an additional Florida villa through us in the next 90 days, we are offering:

1. $2,000 Cash-Back!

On any new-build holiday home in select near-Disney communities.

2. 3 Months Villa Management – Free!

Each and every new or existing customer referring a friend, relative or business associate to us in the next 3 months will receive 3 month’s Villa – at no charge.

The purpose of our new “Free Villa Management” promotion is to give you the opportunity to try our Alliance’s Property Management service at no risk – and no cost – for 90 days.

Both offers expire on January 31, 2013.

So please join us as we celebrate our brand new

ORLANDO PROPERTY ALLIANCE

and, if you or any of your friends have not already done so, let us help you take full advantage of the Florida villa marketplace while it is still at or close to bottom!

So please watch out for our next newsletter – it’s coming soon and is full of valuable new incentives and “Best Buy” properties

Some of which we hope will help you enjoy have a VERY prosperous 2013!
BHGFlorida Horizons

ORLANDO PROPERTY ALLIANCE

A British-Owned and Operated Florida Property Sales & Investment Alliance with offices throughout Central Florida

2416 Sand Mine Road, Davenport, FL 33897, USA

Office: 407-900-2188

www.flhrealty.com | www.britishhomesgroup.com

Bill Cowie  Chief Executive, British Homes Group

Jim McCarthy  Chief Executive, Florida Horizons Realty

International Buyers Focus on Florida

By Inman News | Press Release

Nearly 40 percent of the 23 most-popular U.S. cities among non-American visitors to Trulia are in Florida, according to a blog the property search site launched today.

The blog, Trulia Insights, will feature data visualizations of housing data on a weekly or bi-weekly basis. The first such infographic details the U.S. cities to receive the biggest share of traffic on the site among non-American visitors in the first quarter. About 5 percent, or 1.4 million, of the site’s unique visitors during the first quarter were from abroad, Trulia said. The site attributed the high level of interest among international site visitors to “falling (U.S.) home prices and currency exchange rates in their favor.”

The most popular American cities were Los Angeles and New York, which were among the top five most-searched cities for visitors from the United Kingdom, Australia, France, Germany, Brazil, Italy, Russia, the Netherlands, Sweden, China and India. Nine of the 23 most popular cities were in Florida with Cape Coral, Fort Lauderdale, and Miami taking the lead.

That interest may be due to both deep discounts on the state’s real estate and a perception that the state is “friendlier to non-citizens,” the site said.

Florida cities were especially popular with folks from Canada, the country with the biggest share of traffic on Trulia from abroad. The United Kingdom had the second-biggest share, while Australia had the third-biggest share.

Bill Cowie President

www.britishhomesgroup.com

Orlando, Florida

Kissimmee Office 407 396 9914
Direct (Mobile) 407 620 7777

British-American Chamber of Commerce Advisory Board

Request more information on buying a home in Florida or submit a Custom Search Request

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The BRITISH HOMES GROUP Florida
2960 Vineland Road | Info@britishhomesgroup.com or (+1) 407 396 9914

Orlando – A Place in the Sun

Orlando – FLORIDA – Download the Article as a PDF

APRIL 2011 A Place in the sun 41

It’s a buyer’s market in Central Florida, where property now is as cheap as it was 13 years ago. We recommend some buying spots there, whether you’re looking for a lettable holiday home or a more permanent residence.

It’s all go in Orlando!

Two of many theme park rides in Orlando, a major draw for holidaymakers, many of whom rent privately owned vacation homes Orlando.

You may have heard agents saying this for a few months already, but now might just be the best time to buy a home in Florida. There are persuasive signs that
both prices have really bottomed out and that a recovery is nigh. In February prices in Orlando hit their lowest level since November 1997 – with a median home price of $94,950 (£59,000), according to the Orlando Regional Realtor Association – as sales are dominated by cheap cash deals.

What’s more, tourism is also booming – helped by new theme parks such as the popular Wizarding World of Harry Potter and much-anticipated Legoland on its way. Another green shoot of recovery might be detected in the rise in home loan applications, as US buyers rush to take advantage of a slide in mortgage rates. Recently there have also appeared some mortgages for overseas buyers, typically requiring 30-35 per cent deposits and with rates of seven per cent per annum.

“Now is a great time for anyone thinking of buying a home in Florida to make that decision,” said Patricia Fitzgerald, President of the Florida Association of Realtors, who reported a 14 per cent rise in sales in January. “Mortgage rates are historically low and conditions remain very favourable for buyers with a range of housing inventory and attractive prices.” So on that basis, where is best to buy in Central Florida, if you want to short-term let – or if you don’t?

A home for holiday lets In Central Florida, or the Orlando area, you can only let out your home to holidaymakers if it’s in the Short Term Rental (STR) zone, which is south-west of Disney It’s also known as the “Golden Triangle” or “Four Corners Area” because it’s where four counties converge: Orange, Lake, Osceola and Polk.

According to www.holidaylettings.co.uk, proximity to Disney is king, but whilst there’s a healthy supply of rentals in the very British oriented Davenport (best for supplies of PG Tips) and Kissimmee, there’s room for more inventory in Haines City and Clermont. Proximity to the coast (around 55 minutess from Orlando city) is less of a factor for would-be renters than the theme parks, malls and golf courses.

For Howard Thorne whose Homes of America manages rentals as well as sales, Orange Tree and High Grove are the two best performing developments for STR in the Lake country area, each pulling 26-34 weeks rental a year. “But operational costs are relevant to buyers and the difference is that Homeowners Association (upkeep) fees are $2,000 (£1,235) a year at High Grove, compared with $400 (£247) p.a. for Orange Tree,” he says (www.homesofamerica.co.uk). At High Grove (six minutes from Disney, also golf, Cagans Crossing restaurants and shops) a four-bed home costs $214,000 (£132K); at Orange Tree (10 minutes from Disney, near supermarkets and restaurants) homes cost $145,000 to $269,000 (£90K-£166K).

“Note that by the time you factor in spending $20,000 on furniture and repair costs necessary for bankowned properties, there’s often little difference in price between that and a regular one,” he adds. Other good performers he suggests with 30-42 weeks rentals are Tuscan Hills in Polk County, 12 minutes from Disney and Watersong (Davenport, 18 minutes from Disney). At both, prices kick off around $140,000 (£86K) for a three-/fourbedroom short-sale.

For Gary Kenny of Coldwell Banker Feltrim (sales and rentals), however, Tuscana four miles from Disney is a good performer with 70 per cent occupancy (around 33 weeks) expected this year. “It’s got a tried and tested rentals programme, is 12 minutes from Disney, 20 miles from the new Legoland, and next door to
Champions Gate golf course,” says Kenny (www.cbfeltrim.com). He is selling two-bedroom furnished units there for $89,500 (£55K), which were selling for $365,000 (£225K) in 2008 (www.tuscana.net).

Another choice is Haines City, much closer to Disney (20 minutes) since the widening of highways 4 and 27. “It’s grown into a good location, with great shops – including the new Posner shopping centre,” says Kenny, who is selling one-bedroom condos (unfurnished, bank-owned) on the Southern Dunes golf resort from
$39,000 (£24K) through to villas for $175,000 plus.

For sale: Short Term Rentals

Where: Kissimmee
Price: $150,000 (£93K)
This four-bed, four-bathroom home with a pool is 20 mins from Disney.
British Homes Group: 001 407 396 9914; www.britishhomesgroup.com

Where: Haines City
Price: $219,900 (£135K)
A four-bedroom, two-bathroom home
on Southern Dunes Golf Course,
20 mins from Disney.
CBFeltrim: 0844 669 5990;
www.cbfeltrim.com.

CASE STUDY

“Our Sunshine State bargain”

Pharmaceutical consultant David Jakobsen and his wife Nicola recently bought in the Haines City/Davenport area of Orlando. The couple, from Liverpool, paid $175,000 (£108K) for a fourbedroom villa in the gated community of Calabay Parc at Tower Lake. Their property, which they purchased through agent CB
Feltrim, was originally priced at $300,000 (£185K). Calabay Parc, off Highway 27 and next to a large natural lake, is a 15-minute drive from Disney, 10 minutes from golf courses and just five from the nearest supermarket and restaurants. Proximity to Disney is king but whilst there’s a healthy supply of rentals in the very British-oriented Davenport (best for supplies of PG Tips) and Kissimmee, there’s room for more inventory in Haines City and Clermont because there are some people who want to be 10 minutes not 20 from Disney,” he adds.

Best for Residential

For those not needing or wanting short-term rentals the net widens – and the Doctor Phillips outlying suburb of Orlando ticks a few boxes for those wanting to stay a few months in Florida. “It’s close to Restaurant Row on Sandlake Road [a street full of highend restaurants] as well as the prestigious Bay Hill golf course, the Millennium Mall, as well as having very good schools and being 20 minutes from downtown Orlando,” says Gary Kenny. He is selling properties from $300,000 (£185K) on the leafy gated community of Turtle Creek, but really recommends Phillips Landing – a community of around 350 homes built around a lake – if you have a budget of $500K (£309K) plus.

For sale: Residential

Where: Doctor Phillips
Price: $550,000 (£340K)
A four-bed, three-bathroom corner villa over 3,000 square feet on a gated community, Phillips Landing.
CBFeltrim: 0844 669 5990; www.cbfeltrim.com.

Where: Winter Garden
Price: $325,000 (£201K)
Four-bed, three-bathroom villa in a lovely community in a superb area.
Jerry Barker Vacation Homes:
001 407 286 8170;
www.jerrybarker.com.

Howard Thorne has condos in Doctor Phillips from $175,000 (£108K) but also recommends next-door Windermere (Orlando’s own Lake District and home of Tiger Woods) as having the “most desirable zip code – 34786”. “But there are both cheap and expensive properties there: a four bedroom home in the Summerport
area costs $200,000 (£123K), or in Isleworth/Lake Butler Sound you can get a short sale five bedroom home for $685,000 (£423K),” he says. Winter Park, an upmarket northern suburb of Orlando city on a chain of lakes is also a good choice according to Bill Cowie of the British Homes Group (www.britishhomesgroup.com). “It’s a cosmopolitan, Chelsea-like area of restaurants, theatres and pubs – five minutes from downtown Orlando – where prices have remained firm,” he says. “You are looking at $300,000-$400,000 (£185K-£247K) for a single family home.” He also suggests the Disney masterplanned community of Celebration might appeal to those seeking something safe, clean and well managed – though some might finding restrictions on curtain-colour a little stifling. “Location-wise it is great, the bulls eye of the road network, and it’s got a world-class hospital and is close to the shopping outlets of the I-99 corridor. Baby condos start from $100K(£62K) but $350,000 (£216K) will get you a four-bedroom single-family home.”

Jerry Barker (www.jerrybarker.com) of the eponymous vacation homes agency also says Celebration is a favourite choice, as is another recommendation of Cowie’s – Lake Nona out by Orlando airport. “What’s special about this area – apart from the great golf courses (Nick Faldo has a home there) is it’s
getting a $2-billion (£1.23-billion) world-class medical facility which is drawing buyers,” says Barker. According to Cowie, four-bed single family homes start at around $800K (£494K). But Winter Garden – northwest of downtown Orlando – is an excellent “mid-range” choice for Barker, offering access to the Florida turnpike access for Tampa/Miami. “It’s quaint old America with homes with porches, yet it’s got a fabulous new mall area, top-class schools and it’s 20 minutes from Orlando city,” he says.

If you have any questions about buying a vacation home in Florida please call or contact us  using one of the links below.

Bill Cowie President

Orlando office 407 396 9914

Looking for a home in Florida? We do vacation rentals or can help with the purchase or finance of a Florida property. Request more information or submit a Custom Search Request for a listing of homes available in your price range.

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The BRITISH HOMES GROUP Florida

British Realtor Joins the British Homes Group

March 30, 2010

We are delighted to announce that Mark Shore has joined the British Homes Group team.

British Realtor helping UK clients buying homes in the Orlando area.
British Realtor helping UK clients buying homes in the Orlando area.

We are sure that those of you who have worked with Mark in his over 30 years in the property and finance business in both the UK and US will agree that Mark is one of the most experienced, helpful and trust-worthy professionals in our business.

Mark hails from Bristol and moved to Orlando in 2003. Mark has now acquired an extensive and intimate knowledge of the DisneyWorld area of Central Florida. He also has access to more that 20,000 residential property “listings” in Central Florida’s current buyers market.

Mark has successfully bought and sold his own properties. And he is more than willing to share his actual, invaluable hands-on experience with his customers.

Mark has also already set up a “British Homes VIP Service” for UK buyers and sellers:

British Homes VIP Buyer Service – for UK property buyers who would like Mark to act as their sole “Buyers Agent” – at no extra cost – in finding the right property at the right price for them. Simple and safe!

British Homes VIP Sellers Service – for UK sellers who would like British Homes to feature their properties – again at no extra cost – on their web site, blog or other international publicity media.

You can contact Mark on info@britishhomesgroup.com or by calling (+1) 407 396 9914.

One such property, for example, is beautiful home – with a pool – close to Disney that was bought by a British Homes customer in 2003 for $196,000. The seller is now willing to accept $135,000 for a quick sale (see www.britishhomesgroup.com).

Thank you for your business – please tell your friends!

And welcome again Mark!

Sincerely,

Bill Cowie, Director
www.britishhomesgroup.com
Orlando, Florida