The many legalities of 2018 impacting landlords
As if the property market doesn’t have enough to keep up with, it seems that 2018 is going to be the year for legislation changes, many of which will have a considerable impact on landlords. Here’s an outline of what I know and can share with you: Minimum Energy Efficiency Standards (MEES) I’ve talked about […]
A development in Hempstead halts but the news is sunny across Medway
News from a controversial housing development in Hempstead is that work has been halted because of a dispute over the ownership of the land. The proposed development of the land on Gibraltar Farm is for 450 homes to be built on farmland in Ham Lane. Initial the planning permission was rejected by the council but […]
EPC legislation changes affecting EVERY rental property are imminent
I’ve been really busy closing off January. Last week I spent a lot of time chatting with landlords and potential investors, giving advice on rental rates and property investment. Something that I wanted to bring to your attention once again, is the imminent changes to the minimum energy efficiency standard (MEES). I first mentioned this […]
Medway Property News review of the year
I’m spending Christmas and New Year in Cyprus this year. I spent most of my summer holidays as a teenager growing up there and so know the island well. Property prices have taken a hit badly there due to the recession and people who want to sell are really struggling. It’s a buyer’s market, so […]
Homelessness in Medway; shocking numbers and how we can all help
With temperatures plummeting and daylight hours receding, we all take to the comfort of our homes in winter. But what about those who don’t have a home, or even somewhere to stay warm and dry? Following the drop in temperatures this weekend, Medway Council encouraged rough sleepers to head to Kingsley House in Balmoral Road, […]
What does the interest rate rise mean for the rental market?
Incase you missed it, The Bank of England raised the base rate from 0.25% to 0.5% this week. The base rate is the Bank of England’s official borrowing rate, which influences what borrowers pay and savers earn. The base rate has remained fairly static over the last decade, with 0.25% being the lowest on record. […]
What’s a better investment – a small or a large HMO?
In amongst various meetings this week, I had a great chat with a landlord about the optimum size of an HMO property. We started discussing the pros and cons of smaller versus larger, and what would potentially offer the best return on investment. With those of you who are first time landlords in mind, I thought […]
Budget 2017: how Medway landlords and property investors are impacted
Hello readers. I am sure you’re aware that the chancellor, Philip Hammond, announced the Budget speech for 2017 earlier today. In light of the news, in this blog post we will look into the Budget’s impact to the property and housing markets. Buy-to-let property tax As we already know, new tax laws come into place […]
Rising economy stats show Medway Property Market providing viable investments
Hello readers. Just a quick reminder that there is still time to book for The Property Vault Medway. It’s being held on 28 February 2017 and our guest speaker on the night will be Ross Mallalieu from the Intelligent Property Academy. I hope to see you there. Book tickets here for The Property Vault Medway It’s […]
Predictions for 2017: What the new year might mean for the Medway Property Market
It has been an interesting year with an awful lot changing politically with Brexit and new legislation affecting landlords. Despite predictions of doom and gloom surrounding Britain leaving the EU, figures have shown that overall there has been a continued growth in property market prices and Medway remains strong in rental prices as well. Most […]
