Concentric Sales & Lettings

Section 11 Repairing Obligations – what you need to know

30th September 2020

Under the Landlord and Tenant Act 1985, all landlords in the UK are expected to agree to a set of rules which ensure that tenanted properties are maintained and repaired up to a good standard. Here, we will take a closer look at what your responsibilities are as landlord, as well as what is and isn’t included in Section 11 of the Act.

Stamp Duty Holiday is a Win-Win for Landlords and House Buyers

28th July 2020

During the Chancellor’s recent update, we heard the government plans to give homebuyers a temporary break on paying Stamp Duty. This move is part of the effort to get the economy moving again following the COVID Crisis, giving the property market a welcome boost. Let’s take a closer look at what this tax break means for home buyers, property investors, and landlords.

What is an EPC and how do I read it?

2nd March 2020

Energy Performance Certificates (EPCs) were introduced in 2007 to give buyers a better understanding of the energy efficiency of a property they may wish to buy. The EPC is a legal requirement if you are selling or renting a property and are valid for 10 years from date of issue.

Upgrade your bathroom and add value to your home

5th February 2020

If you want to add value to your home, and make it a better place to live upgrading your bathroom can bring surprising benefits. One of the most important rooms in a house, it's a place where you can relax and unwind after a hard day. As well as get ready before going out or calling it a night.

Waiting For Brexit Before Investing? You Might Be Making A Mistake

11th January 2020

Brexit. It’s enough to strike fear into all but the bravest buy to let investor. An estimated 17% of investors have been reported as ‘putting investments on hold’ until the fate of Britain’s departure from the EU is decided. But are they wrong in doing that? A recent report suggests that they are.

What Should You Look For When Buying A HMO?

9th January 2020

Given the right area, investing in a HMO can be a great way to increase the yield of a property, and a way to boost your portfolio. But whether you are new to the property game, or are a seasoned landlord looking for a different route, what should you be thinking about when you are looking for a HMO?

Landlords – Are You Getting The Best Out Of Your Letting Agent?

8th January 2020

Here’s a question for you – how important is it to employ an agency and what can landlords get out of it? If you’ve ever had the stress of self-managing your properties, you’ll know that there are huge merits in having a good letting agent to take care of things such as contracts, credit checks, inventories, and all of the points of legislation that go along with rentals. Over recent years, there has been a significant growth in the private lettings sector, which makes it more important than ever for landlords to not only find the right letting agent, but to know what they can offer in terms of service. And striking up a good relationship with your agent is key in getting the most for your money.

You Can No Longer Charge A Deposit For Pets – Here’s What You Need To Know

7th January 2020

Due to the introduction of the recent Tenant Fee Ban, there have been a lot of changes to what we as landlords and agents are able to charge for. One example of that is the deposit for pets. If you are a landlord who allows your tenants to have pets, then that additional deposit you used to charge to cover any damages or cleaning bills caused by pets is no longer allowed under the new bill.

Marketing Has Changed – Have You?

7th January 2020

One of the biggest lightbulb moments for people who attend our courses is this: The most vital thing you can do to grow your business is to have a sound marketing strategy and to be consistent with it. But often, when things get busy for us, marketing is the very first element of our business that we neglect. It’s unfortunate that it has become one of those things that we all tend to put on the back burner, something that we know is kind of important, but it can wait until we’re less busy.

What will happen to the property market in 2020?

6th January 2020

House prices increased by an average 33.7% in the last decade and despite being relatively flat over the last couple of years, due to the uncertainties surrounding Brexit, are set to rise by a further 15.3%, according to latest predictions, in the next 5 years. However, there are likely to be significant regional differences with properties in the North of England expected to see the strongest price growth of 24% between 2020 and 2024. Central London properties are also set for a rebound with predictions of 20% growth and only 5% growth in Greater London.