*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 […]
Section 21 abolition – the time to speak is now
In April the Government announced plans to scrap Section 21 notices. In a widely ridiculed move that will see landlords lose the power to easily regain access to their own properties, a consultation is to be completed to explore the implications of the move and set the terms of the new law. That consultation won’t […]
The King Charles Hotel Development in Gillingham receives backlash
A proposed redevelopment of the King Charles Hotel in Brompton Road, Gillingham has met some harsh criticism following submission of new plans to develop a four storey block of 57 flats on the site. It is proposed that this block will be built in place of the existing Function Rooms building which hosted a very […]
New tax year, new tax changes. What buy-to-let investors need to know for 2019
As we welcome (!) a new tax year, I’ve been reading up on what that means because – as always – there are more changes. The implications for buy-to-let landlords are considerable, although not unanticipated and there are also a few market legislation changes that I think it’s important to recap too. So here’s a […]
Sensationalised headlines and the truth of a “sales figure collapse”
I read the headline “Shock fall-through figures show almost 50% of sales collapsing” this week and thought, oh no. But as is always the case, the devil is in the detail…. So firstly, let’s examine the detail. The article from Estate Agent Today was based on data from a ‘quick buy’ property company. Granted, the […]
New year, new start…the merits of Medway are attracting first time buyers
The new year is in full flow already and it’s started with planning my goals and plans for 2019. Anyone who reads my blog with any regularity will know that I like to focus on the positives. I’m a fairly optimistic person and I believe that good things happen to good people. So this year my […]
Beneath the Brexit terror headlines; Medway house prices show annual growth of 11.5%
A few weeks ago I gave you a round up of the Kent Property Market Report. If you didn’t read it, please do. There were a few points I wanted to dig into more, especially the Brexit effect on the Medway market. With the Brexit deadline of 29th March fast approaching, the PM surviving a […]
Autumn 2018 Budget update for landlords
Following on from my landlords tax post, the autumn Budget didn’t exactly deliver the good news we had perhaps hoped for. The Chancellor of the Exchequer, Philip Hammond has given very little in the way of help for property investors in Medway or anywhere really. Anticipated waivers of Capital Gains Tax for landlords selling to […]
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 […]
A note of thanks to my readers…
Last week I hit a major business milestone and although this post is not specifically about Medway property, Medway property has been a large factor in my success. Incredibly it has been three years since I started my letting agency. During that time I have gained so much knowledge and insight into Medway, the market […]
