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.
Lettings Jargon Buster
Within the Private Rental Sector, there is a whole host of phrases, terms, acronyms, organisations and legal jargon that landlords and tenants need to be aware of. This list covers some of the most common terms you may come across, and what they all mean. Applicant: The individual that is applying to rent the property. […]
Moving Back In with Mum and Dad…
By Daren Cope. Roll the clock back 20 years or so and any self-respecting late 20’s / early 30’s something would never say on their first date that they lived with their mum and dad! It was seen as a sign of immaturity being tied to your mother’s apron strings with as a failure to […]
Why So Many Landlords are ‘Trapped’…
By Daren Cope. Going into lockdown in March, the Government proclaimed a ban on tenant evictions, pledging that no tenant in a private rented home, who had lost their wages due to Covid-19 would be kicked out of their private rented home until the late summer. Fast forward to August and the press were being […]
The Stamp Duty Holiday Bonanza!
By Jane Mason. On the 8th of July 2020, the Chancellor announced the first £500,000 of any property bought was exempt from Stamp Duty until 31st March 2021. This also included buy to let landlords – although they would still need to pay the additional 3% stamp duty level for second properties. Talking to many homeowners, […]
How Long will it Take to Sell my Home?
The burning question for anyone who wants to see their home… unfortunately, one without a specific answer. ‘How long is a piece of string?’ comes to mind! However, don’t despair. In this blog we look at this common question in detail and give an insight into the components that make up the answer. We look at: […]
The Eviction Ban U-Turn. What does it mean?
On Friday 21st August, the Government announced that it would extend the eviction ban, originally due to end on 23rd August, for a further four weeks. It also introduced a minimum six-month notice period for landlords who wish to evict their tenants in England. In summary, this is what it means to agents, landlords and […]
Preparing Your Home For A Quick Sale
Preparing your home for viewers is extremely important. It will not only ensure your property is sold faster, but can potentially add thousands of pounds to its value. This article details the 6 key things we believe are the most important, when preparing your home for viewings. Implementing just a few of these ideas will […]
‘NIMBYism’ is Dead! Long Live the Planning Changes
The 1st July 1948 heralded a new dawn in how property was built, as the Town & Country Planning Act 1947 came into force, meaning no property could be built without the say so of the local authority. Now, Boris Johnson has announced a substantial change to that, by in effect, ending planning permission. The […]
A Coronavirus Tax Bill for OAP’s?
As Financial Director of Professional Properties, it was only right that I wrote this particular piece! The Government is on track to borrow £400 billion because of Coronavirus and that needs to be paid back at some stage. Last year alone, before Coronavirus, the Government brought in £824 billion in taxes whilst they spent £887 […]
What’s Next for the Local Property Market
There is no doubt that Coronavirus will affect the Derby and Burton Property Market, but just how? The ensuing economic challenges are going to impact the UK property market, yet no one knows the real answer. The newspapers eulogise different opinions, but that’s all they are, opinions and everybody’s got a different one! The truth […]
