Concentric Sales & Lettings

Spring Newsletter – Property Market Update

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.

Electrical Certificates – why every landlord should have them

11th January 2021

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.

How To Get Better Tenants

4th January 2021

As a landlord, finding and keeping the ideal tenant for your property is something we all strive to achieve. We’ve all hear stories of those nightmare tenants – maybe you’ve even had them yourself – the ones who don’t take care of your property, don’t pay on time, are constantly complaining, or worse still are complained about by their neighbors. So what should you be looking for when you have a vacant property to fill? How can you find that perfect tenant? Here are some things you should consider.

Things you should consider before you rent out your property (Part. 2)

18th December 2020

In our last article, we looked at the practical things that you need to consider before renting out your property. We covered the basics of getting the property up to standard, and making sure everything was in place in order to show the home in its best light, as well as making it a safe for your tenants. In part 2, let’s take a look at some of the formalities and processes you’ll be required to complete in order to ensure that all the legal boxes are ticked.

Section 11 Repairing Obligations – what you need to know

15th October 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.

What Should You Look For When Buying A HMO?

10th September 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?

Marketing Has Changed – Have You?

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.

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

11th April 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.

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.

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?