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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16th February 2017
The growth of the buy-to-let market isn’t slowing down, as the housing shortage in the UK continues. Because of this, you now see a lot of information out there to help landlords get the best rental yields for their properties, but interestingly there is less information on capital appreciation. More associated with buyers and vendors, capital appreciation is also a factor that landlords need to consider when they invest in property, now more than ever.
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16th September 2016
With property prices ever increasing and successive governments taxing income from property more and more each year, landlords and property investors are often turning to houses of multiple occupation sometimes known as HMOs for higher rates of return. So why do HMO give landlords and property investors a higher rate of return? Well essentially this is down to the fact that HMO properties are rented out by the room rather than as a whole property.
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16th September 2016
In my experience there are three main areas in Birmingham which are particularly popular with HMO investors. The first one is right next to our office in the Edgbaston area. The reason this is such a popular area for HMO is probably down to a couple of things: the first one being the style of properties. these are predominantly Victorian with least two reception rooms and a usable attic.
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