*WARNING* The Government issue “How to Rent Guide” with incorrect date stamp
Gosh, it’s good to be back. It’s been a while since my last post and so much has happened in that time; I hate being away from the blog and sharing all the industry and local news. Undoubtedly the biggest reason for the gap in my posts has been that I was involved in a […]
The Great Lettings Fee Ban of 2019
It’s coming. In true Game of Thrones dramatic fashion, it’s not winter, but The Tenant Fee Act (2019). The act that will see almost all additional fees eradicated from tenants charges will come into force on 1 June 2019, and it’s having a big impact on how landlords and agents find and manage their tenants. […]
Finally, some real progress in tackling unfit rental properties
There seems to have been another round of legislative changes that have all come at once and this one tackles some of the unfit rental properties that are a curse on our industry. The Homes (Fitness for Human Habitation) Act 2018 amends the Landlord and Tenant Act 1985 to state that landlords must ensure their […]
Tax, tax, tax, tax, tax…. Is a landlord tax bill of 66% really a possibility?
Over the past year, the government clampdown on the buy-to-let sector has continued to throw doubt into the minds of investors about the viability of making a decent return on buy-to-let investments. Landlords tax bills are rising and new laws designed to protect tenants – such as the Right to Rent scheme – no doubt […]
With an 8.5% drop in house sales but a 4.4% rise in house prices, is Brexit actually affecting our market?
The news is currently crammed full of features about the housing market grinding to a halt over the last couple of weeks and certainly, from what I’ve seen, sales have slowed. One associate who put his house in a lovely village in Medway on the market two months ago, has had only two viewings. Some […]
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 […]
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 […]
Letting agent fee ban won’t come into force until spring 2019
January is off to flying start for me. We’ve signed up our first franchisee for Home-Share who will be bringing this unique business model and excellent brand to Bexley. Alongside that, we have been helping many landlords looking to invest in the area with advice and guidance. The lettings fee ban Something that has been […]
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. […]
