Buying a property can be very scary if you’re not sure what to look out for. If you walk in not knowing where to look or what to look for you could end up losing a lot of money refurbishing it and paying over the odds for the property as well. Just because a property appears to be in good condition does not mean that it is.
Read MoreThe private rented sector is becoming increasingly important to fulfill the housing needs of those who would have otherwise relied on the social sector. However, both Universal Credit payment issues, and a lack of awareness about how to let to vulnerable tenants, may have prevented private landlords from playing a bigger role in providing solutions to the ongoing homelessness crisis
Read MoreThere are often stereotypes of landlords being predominantly male, but according to a study by ludlowthompson, 47% of buy-to-let landlords in the UK are in fact women, which reflects that property is moving towards equality much faster than other industries.
Read MoreProposals to increase Capital Gains Tax (CGT) would freeze the rental housing market making it less responsive to tenant demand. That is the warning from the National Residential Landlords Association ahead of the Budget on 3rd March. With the Office for Tax Simplification proposing measures to equalise CGT with income tax rates,
Read MoreIn his latest blog Paul Shamplina, Head of Property for Hamilton Fraser and Founder of Landlord Action, shares his views on the next 12 months and what they will hold for landlords.
Despite the continued ‘doom and gloom’, it is important to try and remember a couple of things: this situation will not last forever, brighter and more prosperous days will return.
Read MoreThe Green Homes Grants Scheme was launched on 30 September and is now available until the 31 March 2022. The government recently announced that the scheme has been extended by a year. These grants are available to homeowners, including landlords, in England. Landlords can apply for a voucher towards the cost of installing energy efficient and low-carbon heating improvements in their homes.
Read MoreThe Housing Secretary, Executive Chairman of the Home Builders Federation and Chief Executive of the Federation of Master Builders have written to the housing industry to make clear that house building – and its supply chains that support it – should continue working securely. The government is clear that work can continue if this is done in line with public health guidance.
Read MoreLatest updates on issues around caronavirus which may impact your business. This month the Government introduced a three tier system of alert levels to control the spread of coronavirus. and announced a new job support scheme which is set to be introduced next week as the furlough scheme winds down.
Read MoreSean Hooker, Head of Redress at the Property Redress Scheme, discusses the current court dilemma facing many landlords as a result of COVID-19, and offers practical advice on how to navigate this turbulent period…For new possession claims in England, the situation is even worse; whilst possession notices have continued to be permitted to be served, the notice periods have been extended.
Read MoreOne of the many methods used to sell your property is an open house. Now, this may sound good because it brings people through the doors to view your property. Depending on the number of people that come and the type of people that come, you may sell your house quickly.
Read MoreIt seems like everyone talks about getting into property but most are not able to pursue that goal. It usually comes down to, they either have no money to invest in property or they don't have the time or experience. People also think you need thousands of pounds before you can even start thinking about investing, which is not true. Just to get started, let's see what is meant by property investment.
Read MoreThere are many things that could reduce the value of your home, some are obvious but others are not so apparent. We all want to get the best out of our property whether it's an investment property or our long term home. If you're going to spend a large amount of money on it then it would be wise to consider what to look for and what to avoid.
Read MoreWhen the time comes to sell your home there are so many things you need to think about and it's not just about talking to estate agents. Selling your home can be as stressful as buying a home. The process is slightly different when it comes to selling. Not only do you have to think about how you’re going to sell but where you're moving to, do you have another place/home that you can move into?
Read MoreThe Chancellor must take action in the Budget to reverse the fall off in the supply of rented housing say landlords.
With landlords selling more properties than they are buying and others switching to short-term holiday lets for tax reasons, unless action is taken tenants are going to find it increasingly hard to find the housing they want, and rents will inevitably go up.
Read MoreIt has been nearly a month since the United Kingdom stopped being a member of the European Union, triggering the transition period.
As you may already be aware, if EU citizens wish to stay in the UK beyond 31st December 2020 (when the transition period ends) they and their close family members will need to apply for the UK Government’s EU settlement scheme.
Read MoreThe RLA has received a number of calls regarding electrical safety inspections in the last month.
New regulations are coming into force that will require landlords in England to have an electrical installation condition report (EICR) in place before they grant or renew a tenancy from July 1st 2020.
The rules are set to be rolled out to all existing tenancies from April 2021.
Read MoreBuying a new home can be both exciting and stressful at the same time. It's an easy process if you know how, but if this is your first property purchase then it can seem like a daunting task. However, we will break the process down into a step by step guide to help you navigate through this maze. As long as you are prepared for what may come, the procedure becomes a little easier.
Read MoreClient money protection is designed to protect landlords’ and tenants’ money by reimbursing them should an agent go out of business or in the event that an unscrupulous agent misuses client money. This might include rents, deposits and/or funds intended for maintenance work. It’s a simple fact that letting agents who do not belong to a CMP scheme present a greater risk to landlords and tenants.
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