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.
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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.
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3rd January 2020
There have been several reports over the past month suggesting that landlords have begun to increase their rents by as much as 22% since May. These same reports say that the hikes are due to the recent Tenant Fee Ban, but could there be other factors also in play?
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1st January 2020
There’s no denying that the lettings market has had it tough over the past 12 months. We’ve seen massive changes in legislation, not least the Tenant Fee Ban, which has mad things harder, both in terms of workload and income. As landlords, it’s difficult to know which path to take – how can we continue to grow and even thrive in this new landscape? And where should we be looking if we want to expand our portfolio to get the best return for our money? Here, we will talk you through some of the recent figures showing the good, the bad, and the downright ugly when it comes to the highest yields in the buy to let market.
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28th December 2019
As a landlord, you might be aware that there will be a change in the law with regards to electrical checks in all rented properties. That’s not compulsory as yet; however, we would urge all landlords to be ahead of the game and make sure that regular electrical checks are carried out on properties, and especially on new tenancies. Here’s why.
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21st December 2019
In recent years, there has been significant growth in the build to rent sector, which reports suggest will see heavy investment over the coming months and years, as the demand for privately rented properties hits an all time high. So, what exactly is the build to rent phenomenon, and could it be a threat to private landlords in the UK? Let’s take a look.
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14th December 2019
There have been several reports recently suggesting that young people are opting to rent closer to where they grew up, rather than relocating to search out better job prospects. These same reports say that this is largely down to the steep rise in rent over the past 20 years – but how true are the claims, and what does it mean for landlords with properties in less affluent areas of the UK?
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7th December 2019
With legislation getting tighter and tighter within the lettings industry, the debate between landlords on whether to invest in houses or flats is back on the agenda. So where is your money best placed? The answer isn’t as straight forward as you might think – let’s take a look at some of the pros and cons for each.
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2nd December 2019
Think you need to avoid selling your property over Christmas? Think again. Potential buyers have more time over Christmas and, according to Rightmove, the Christmas period and particularly Boxing Day, is one of the busiest of the year, with people searching for a new home.
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1st December 2019
Recently, the National Landlord Association revealed that landlords’ confidence in the industry has reached its lowest level on record. It seems that all of the changes in laws and legislation over the past 12 months is taking its toll, and understandably, landlords are worried about the future of their businesses.
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