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The Current State of the Property Market: Sales and Rental Market Trends

21st June 2023

The property market is always a topic of interest, with people constantly speculating about its direction and the impact of various factors such as mortgage rates. In this blog post, we will delve into the current state of the property market, focusing on both the sales and rental markets. We will explore the key statistics and trends, providing insights into the opportunities and challenges faced by buyers, landlords, and tenants. So let's dive in!

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The Must-Known Legislation To Let A Property Compliantly

11th April 2023

Landlords, are you aware of the two main pieces of legislation that you need to comply with to remain safe and compliant? In the ever-changing private rented sector, it can be difficult to keep up with the latest laws and regulations that govern this space. However, failing to meet the government’s requirements can result in serious consequences in the form of; notices, fines and prosecution.

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Should Your Address Be On A Tenancy Agreement?

24th November 2022

Landlords, did you know that there are over 170 separate pieces of legislation that directly impact the private rented sector? Here at Concentric, one of our big goals is to help educate you to be able to navigate this maze of rules and regulations so that you can stay safe and compliant. While you may prefer not to share your residential address with your tenants, did you know that there are laws that govern whether or not you are permitted to withhold your address? The two main rules that apply to your address are Section 47 and Section 48 of the Landlord and Tenant Act (1985). Let’s get into them.

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Landlords Heading To Liverpool As The City Property Market Booms

8th August 2022

A new report has revealed Liverpool is the place to buy for landlords – but anyone looking to add to their portfolio should act quickly, as property prices are on the up faster there than in other locations.

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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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The Election of Donald Trump: Will it affect the UK Property Market?

9th December 2016

If you were to sum up 2016, in one word, what would you say? It’s certainly been full of surprises. Britain rocked the country by voting to leave the EU, David Bowie passed away and the world is still trying to get it’s head around the fact that Donald Trump was elected President of America.

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