Whether we offer “all-inclusive” rent (usually HMO rooms) or our tenants pay for their own heating we need to recognise that winter energy bills will have an impact on our rentals. The dreaded damp and mould season is about to begin and it’s important that we do our best to avoid the health risks and […]
Housing Loss Preventing Advice Service “From Tuesday 1 August 2023, the new Housing Loss Prevention Advice Service (HLPAS) commences across England and Wales.
The demand for rental properties has skyrocketed in recent years, as potential tenants encounter fierce competition to secure their ideal homes.
The outlook for UK house prices is looking increasingly bleak.
As Shakespeare once wrote, ‘not all that glitters is gold’. Whilst legislative text is perhaps the furthest you can stray from Shakespearean prose, the Scottish Government would do well to take heed of such wisdom. The governments’ Cost of Living (Tenant Protection) (Scotland) Act 2022, which introduced a range of measures to regulate rent increases […]
So you have a letting agent looking after one of your properties. Your tenant has paid that agent their rent, the agent has deducted their fees and paid you what’s left, leaving a lesser sum in your bank account.
Location, location, location. This phrase is often used in the property market to emphasise the power a property’s location has in influencing its value (and potential profitability if you’re a landlord.)
Most Britons will by now be aware that the UK, and for that matter most of the developed world, are experiencing a cost-of-living crisis. The repercussions of Covid driven damage to international supply lines, generous government fiscal policy and Russia’s decision to invade Ukraine have caused prices to skyrocket. Inflation increased to a 40-year high […]
The UK rental property market is facing an unprecedented crisis.
Rates, rates, and more rates. So much of our daily lives and economic well-being is underpinned by interest rates and their direction of travel. Interest rates directly influence the cost of borrowing, including the cost of mortgages. As interest rates and corresponding mortgage rates have risen over the past 6-12 months many landlords and property […]
As a landlord, one of your primary goals is to maximise the return on your investment. Traditionally, HMOs (Houses in Multiple Occupation) and student lets would be the go to option given the higher potential to generate rental income. However, there are also several reasons why many landlords steer clear of HMOs and student lets, […]
April 6, and that can mean only one thing – the start of the new UK tax year. It’s when most changes to UK tax rules come into force, which can be good or bad news for you and your rental income. It can also be the perfect time to make tax less of a […]
It wasn’t so long ago that the concept of an AI chatbot sounded like something belonging solely to science fiction. But with the unprecedented rise of ChatGPT, interest in AI chatbots has skyrocketed, and their use has become commonplace across various industries. But perhaps one of the last things that you might imagine would be […]
It has been a busy couple of weeks of headlines for Michael Gove. The governments’ Secretary of State for Levelling Up, Housing and Communities has made a number of statements, both within the Commons and on TV interviews. Speaking to Laura Kuenssberg, Gove reiterated his intention to stop ‘unscrupulous landlords’ who are taking advantage of […]
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