The Conservative’s government’s Queen’s speech included a surprise or two. One for the private rental sector (PRS) was the introduction of tenancy deposit cap. In recent years, the Government has made many decisions that affect PRS landlords. Unfortunately, this latest one probably won’t be the last. The Queens speech contained 27 bills. It passed through parliament… Read More »
As you’re no doubt fed up of hearing and reading – the outlook surrounding Brexit is uncertain and so it is the rental market. We’re sure you know why, so we won’t bore you with that right now. What we do want to discuss is how the UK’s residential lettings market might look, post-Brexit. Let’s… Read More »
Another day, another discussion about potentially higher costs for Buy-to-Let (BTL) landlords. Today’s post will address the details of Article 24 of the Tax Code and how it could impact landlords. As most of you already know, the Government is phasing out mortgage interest tax relief. Where landlords were able to claim tax relief on… Read More »
Why you should convert your property into HMO … and how we do it. As a landlord or property manager, you naturally want to get the most value out of your property. In order to do this, you might adopt the HMO strategy. If you want to maximise your profit, without risk, you have to think… Read More »
The UK housing market is a popular topic of conversation among, well, pretty much everyone! And, since the UK voted for Brexit and Prime Minister Theresa May said “Brexit means Brexit”, discussion on the topic is in overdrive. But, what exactly does Brexit mean for the housing market and more importantly, house prices? Well, we’ve… Read More »
When you are viewing a house or a flat there are many aspects to consider. Here we want to share with you some of our house viewing tips. Make sure you ask the right questions to the landlord or the agent you are dealing with when viewing the property. Do your homework first, then if… Read More »
Guaranteed Rent, ever heard of it? Guaranteed rent is what every landlord wants: the best way to guarantee yourself a profit. Renting out your property can be stressful sometimes, it takes time and effort. Looking for prospective tenants by advertising the property on the market, arranging viewings, finding the right person, closing the deal, credit checking and… Read More »
The letting fee ban is one of the key points raised in the Autumn Statement 2016 that could affect the UK property market. Most likely, letting agents will no longer be allowed to charge any fee to renters. This means less money for the agency, but also less money to pay for the tenants before… Read More »
One of the most appealing strategies for using, when you deal with property, is the Rent2Rent strategy. The basic concept of the Rent2Rent strategy, or Rent to Multi-let, is to find a property large enough to create extra rooms. Speak to the landlord and agree on a guaranteed rent for a three to five year period.… Read More »