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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.

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Has The Tenant Fee Ban Encouraged Recent Rent Hikes?

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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Electrical Certificates – Why Every Landlord Should Have Them

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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Are Flats A Better Investment Than House

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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3 Reasons Why Landlords Are Losing Confidence

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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Client Money Protection Scheme will now be mandatory

29th March 2019

From 1st April 2019, it has become mandatory that all property agents hold a registered membership with a certified money protection scheme. This is by way of insurance for landlords and tenants, to prevent rogue agents from keeping back money from deposits and rents if something goes wrong. Let’s look at what this means for landlords, and what you should be looking out for when you employ an agent to manage your properties.

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Article 4 and HMO’s

11th March 2019

In simple terms, Article 4’s were put in place a few years ago to manage the growth of HMO units in certain areas, and have been rolled out by councils across the country recently. If a proposed HMO is to be in an Article 4 designated area, then any would be HMO landlords would have to seek planning consent under Article 4 in order to be able to set up and operate a HMO in that area, but your HMO may also NOW need a license too...

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Could Brexit be good news for landlords?

11th March 2019

2019 is proving to be an unpredictable market for properties in the UK. As with many other industries, people are hitting pause in anticipation of the outcome of the Brexit deal. Could this turn out to be a good thing for landlords?

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Client Money Protection Review – Our statement

29th March 2017

After attending the annual ARLA Propertymark Conference and Exhibition yesterday, Concentric HQ are pleased to confirm to their clients that the government have accepted the Client Money Protection Review (CMP) and will be introducing mandatory CMP for all letting agents.

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7 things landlords might not know about LHA tenancies

20th February 2017

It’s a common phrase you see rounding off nearly every rental listing - “No DSS”. DSS – being the now-defunct Department of Social Security – refers to LHA tenants, the catch-all term for low-income tenants who claim Local Housing Allowance (LHA), named after the now-defunct Department of Social Security.

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