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- Could Super Short Stay Rentals be the future of the letting market?
- New Energy Efficiency Regulations: what does this mean for Landlords?
- The impact of new buy-to-let criteria for landlords
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- Guaranteed Rent – Hassle free tenants
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Category Archives: Latest News
Could Super Short Stay Rentals be the future of the le...
It used to be that super short rentals, or even rentals shorter than a year, were not worth it to landlords. Just finding a good tenant is hard enough, let alone finding many across a year that inevitably provides paper-thin margins with a lot more work involved. But with the rise in popularity of “DIY Hospitality” services like Airbnb and Homeaway means that super …
The impact of new buy-to-let criteria for landlords
Buy-to-Let landlords are being widely recommended to remortgage their existing portfolios as the UK government tightens its grip on affordability tests and creates tougher lending rules which will make arranging portfolios and finances more difficult. What do you need to know about the government’s new rules for BTL landlords? The marketplace will become more complex The new measures for the tougher BTL criteria come …
Part of ‘Generation Rent’? How you can avo...
Many renting millennials and young adults find that they are being taken advantage of by their estate agents. According to the campaign group Generation Rent, the average two-adult household is being hit with over £800 in lettings fees from landlords, and renters are paying £404 on average per move. On top of these charges, renters find they must pay for rental renewals, averaging £117 …
What the annual English housing survey tells us about ...
What is the English Housing Survey? The English housing survey is a paper released every year by the UK Government (more specifically, the Department for Communities and Local Government) and is the best way to understand what has happened to the housing market in the last year, and how it will change in months to come. Data is collected about people’s housing circumstances. This …
Top 10 safety precautions to protect your tenants
Top 10 safety precautions a Landlord should be taking to protect tenants Renting out your property is one of the best businesses you can start. However, despite the fact that all you need to do in general is to find a tenant and start earning, it is still a business, which means it comes with lots of responsibilities. One of the biggest responsibilities you …
Right to Rent
When you are renting you may feel confused about what your letting agents and landlords are charging you for. Let’s have a look at the legals – make sure you understand them and that you know where to go if you think your landlord is breaching these regulations. “As of 27th May 2015, letting agents must publish full details of their fees and charges …
Leasehold vs Freehold
Leasehold or Freehold? What do they mean and why does it matter? The vast majority of properties out there are either freehold or leasehold. There are also properties where the owner has a share of the freehold. Freehold In this situation, the Freeholder owns the property outright. This will include the land it is built on (including its garden). Houses are generally freehold properties. …
Invest in a House or a Flat
What a question! Everyone will have his or her own theory on this and the ‘right’ answer will only be the ‘right’ answer for them and their situation. Whatever your decision, there is money to be made. Let’s have a look: When starting to consider an investment project, you need to think about: > How long am I looking to invest for? > What …
Buy to Let Mortgages
Buy-to-let Mortgages What is a Buy to Let mortgage? This is a type of mortgage for people who are buying property explicitly to rent them out. They are generally more expensive than normal mortgages. Can I get one? Buy to Let mortgages are only for people who are investing in property. This is a risky business! Buy to Let mortgages are very hard to …
Stamp Duty Rise
As of April 2016, homeowners with more than one property will be liable to pay a new higher rate stamp duty. Stamp duty increases at a glance The purchase of additional residential property, will attract a rise of 3% in stamp duty from April 1, 2016. This additional charge will be above the current ‘stamp duty land tax’ rates. 3% tax on homes that …
New Landlord Tax Law
New Landlord Tax Law Tax law is inevitably complicated. With the new changes coming in, if you think you may be affected then you need to get financial advice as soon as possible. Do not act on any of the information in this article before receiving this professional advice. The Basics: Landlords with large mortgages and who own their properties will pay more tax. …
Letting your Property at Christmas
Letting your property at Christmas If you talk about Letting your property at Christmas, some people might say that you’re crazy. If you are uncertain, have look at two of the biggest property portals, Rightmove and Zoopla. They boast some pretty impressive statistics about web views over the festive period. Getting your property on the market now with an online estate agency might actually …
