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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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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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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28th February 2022
Do you know how to handle a tenant that’s fallen into arrears? This can be a difficult issue for landlords as you have to be careful to remain compliant with all of the relevant legislation throughout your process. Also, many landlords do not have a systemised formula for dealing with these situations, leaving them with the sense that they are unprepared. Today, we’re going to cover some of the dos and don’ts of chasing rent arrears. We’re also going to discuss which legal notices to use, as well as the process we recommend for handling these complicated situations.
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24th March 2021
I think it is safe to say that 2020 was a year like no other for obvious reasons! And from a property market point of view certainly a year which has defied expectations – with the UK experiencing its strongest annual price growth recording since the summer of 2016. To close out 2020, December alone saw over 129,000 homes change hands which is 32% higher than December of 2019 – this only added to what is always a mad rush in the middle of the month to hit clients exchange deadlines so they could enjoy Christmas with peace of mind.
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18th January 2021
We hear a lot about how we should behave as landlords and agents – there are numerous rules, regulations, and laws about how we should be conducting ourselves and our business. But something we don’t hear about so much, and that causes many headaches when you’re dealing with tenants and properties, is something called ‘Tenant Like Manner’.
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7th May 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.
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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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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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30th August 2019
In July the Government confirmed its plans to change the way that Capital Gains Tax (CGT) is calculated for properties that are part or fully let.
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