We think it is important to keep our customers up to date with local property news as well as any developments within the lettings industry.
Is Social Housing the answer to the ‘Housing Crisis’ in Derby?
The Chartered Institute of Housing has recently carried out a survey on the state of housing in Britain. Here are some of the headline findings: Almost 75% of people across Britain think there is a housing crisis. Over 50% think politicians are not doing enough about it, and most people believe that more social housing […]
Another ‘New’ Housing Minister…
As Boris officially becomes Prime Minister, he has appointed two new MP’s as Secretary of State for Housing and Housing Minister. This was reported on ‘Property Industry Eye’ on 25th July… Prime Minister Boris Johnson has appointed a new Secretary of State for Housing, Communities and Local Government, and a new housing minister The little known […]
Section 21 Abolition WILL Happen…
There has been a lot of talk about the Government abolishing Section 21 – the process by which landlords can reclaim their properties from existing tenants whilst in a tenancy agreement without having to state a reason. This now seems to be a reality as reported in ‘Property Industry Eye’ on 22 July… The Government […]
Entire Property Industry to be Regulated
The Government has published a report outlining it;s plans to regulate ALL Property Agents and, in our opinion, it’s about time! The full story was published in ‘Property Industry Eye’ on 18th July… A new era for the entire agency sector begins today, with the publication by the Government of a report calling for minimum […]
Letting Tip #4 – Prepare Your Property For Let
In the lettings market at the moment, demand is high and supply is relatively low. It is essential that you present your property in its best possible light to attract the best tenant. As a landlord, you want tenants fighting over your property as this will ensure you achieve maximum rent. Whether you conduct viewings […]
Letting Tip #3 – Renovations & Decor
It’s no secret that rental properties can often take a bit of a beating, it’s the nature of the beast. Therefore it is vitally important to decorate or renovate with that in mind. Renovations and Decor Understandably, most novice landlords make their investment property aesthetically pleasing for as little as possible but that can be […]
Letting Tip #2 – Taxation & Stamp Duty
All property transactions involve paying some sort of tax and investment properties are no different, if fact, landlords can bear the taxation burden more than most! You do need to understand the implications of both taxation and stamp duty on your investment purchase… Landlord Taxation and Stamp Duty Landlord Taxation When you start renting out […]
Letting Tip #1 – Where and What to Buy?
The ultimate question for both seasoned landlords and those taking the first steps into property investment… What type of property do I buy and where do I buy it? Your Own Goals Before answering this, you need to know what you want to achieve from your investment? Is it a Short term or Long term […]
The Homes (Fitness for Human Habitation) Bill
Another piece of lettings regulation is due to come into force on 20th March 2019. The Homes (Fitness for Human Habitation) Bill has seems to have largely gone under the radar, being left a little in the shadows of the more newsworthy Tenant Fee Bill. The bill has passed through Parliament and received Royal Assent, making […]
Private Landlords and the Tenant Fee Ban…
On the 15th January 2019, after what seems like an eternity of uncertainty, the 1st June 2019 was announced as the date the Tenant Fee Bill will come into force. Although private landlords across the country may have heard whispers of the Tenant Fee Bill, many have failed to consider the impact it will have […]
