Private Rented Sector Buy to Let Consultants
There is some good news for landlords – and it is coming from the mortgage market. Most landlords will be able to lower the costs of their buy to let mortgages if they shop around. Hooray! How to Lower your Buy to Let Mortgage Costs Strong competition between lenders on interest rates and a general easing of mortgage company’s previously […]
Read moreZero or Nil Tenancy Deposit Schemes In the last month, another “Zero Tenancy Deposit Scheme” has been launched, but are they a good idea? Deposits are now limited to five weeks’ rent for all tenancies starting on or after 1st June 2019, by order of the recent Tenant Fees Act, (except for where annual rents are over £50,000, (where, for […]
Read moreShould you take photographs when you do tenancy inspection visits of your let property, asks David Lawrenson of www.LettingFocus.com? This can be a tricky one, but need not be if you are sensitive and respectful. Tenancy Inspection Visits We aim to do an inspection visit around 3 months after the start of a tenancy and then once more after another […]
Read moreOver-supply of new build apartments is a topic I have written about many times – and will no doubt continue to write about as long as there are gullible investors. New Build Apartment Over-supply Way back in 2005, in the first edition of my book, “Successful Property Letting, How to Make Money in Buy to Let” – see links to […]
Read moreI invest in shares and some other funds as well as property. But in this article, I explain why it is best to not trust the financial services industry too much. (This article is based on my experiences working in the industry from 1988 to 2003). Let’s go back in time to sometime in the early 1990s. Why It is […]
Read moreDavid Lawrenson of www.LettingFocus wonders about the profits the indemnity insurers are making, in this article on “The great home indemnity insurance rip off”. He also queries why the main personal finance and property press have not made more of this. The Great Home Indemnity Insurance Rip Off Here is a very common scenario for anyone buying a home. …. […]
Read moreStarting Off in Buy to Let David Lawrenson of www.LettingFocus.com ponders the issue of risk for those getting into buy to let for the first time in this piece on “Starting off in Buy to Let”. When you invest in property for the first time, it can take you out of your comfort zone. When I had first bought a […]
Read moreGet the lowdown on any area you are buying in by using all the information available on line says David Lawrenson of www.LettingFocus.com. Obviously, you can use Google Earth (earth.google.com) and InstantStreetView.com for street views without even having to leave your desk. Population breakdowns, employment trends and earning levels for an area can be found at the Office for National […]
Read moreFrom 1st June 2019, landlords and letting agents will no longer be able to charge tenants fees for many of the things they used to charge for. The Tenant Fees Act controls what payments landlords or letting agents can ask for in England. Basically, ALL payments are prohibited unless it is a payment for something that is expressly allowed for […]
Read moreSome months ago I was contacted by someone who wanted some advice on his very small landlord and property investment business. He told me he had just one property and was not sure what to do with it – whether to do it up and let it or do it up and sell it instead. Currently, he was also interested […]
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