Private Rented Sector Buy to Let Consultants
This will be a regularly updated post looking at coronavirus and the private landlord and the private rented sector generally. The coronavirus is throwing up big issues for private landlords and the private rented sector. The prime issue is the concern that tenants will lose their jobs and be unable to pay their rent. Many landlords will be anxiously checking […]
Read moreExtending a Lease and Marriage Value If you have owned a flat for more than two years, you are entitled to extend the lease for up to 90 years and any ground rent which you are paying now will reduce to zero. The new lease will replace the old one and no lender’s permission is needed. But there is a […]
Read moreThis article is about the bad or incompetent landlords who destroy their local communities by failing to properly look after their properties. I have a couple of properties in South Bermondsey in London. And the tale of how they have performed over the years is interesting. One is a two bedroom maisonette flat (with its own front door to the […]
Read moreThe government has started 2020 by showing it will not leave the private rented sector alone. The latest idea to be buzzing around Westminster concerns passporting of tenancy deposits. Passporting of Tenancy Deposits The government seems to be inclined to consider breaking up the way tenancy deposits are handled, in yet another move to continue to curry favour with tenants. […]
Read moreComment on the General Election I guess many people will have been surprised at what happened in the general election. Now Boris Johnson has a mandate to really do pretty much as he pleases. In terms of the housing sector and the private rented sector in particular, I think one thing we could see, post general election, will be a […]
Read moreHow to set rent at the right level and when and how often should you increase rents and by how much? David Lawrenson of LettingFocus.com advises. How to Set Rent at the Right Level Obviously, a starting off point is Rightmove and Zoopla – what do properties like yours in the same area rent for? I’d suggest taking about 5% […]
Read more“Is the accidental landlord on his way to the exit?” asks David Lawrenson of private rent consultancy, www.LettingFocus.com. Recent research from Knight Frank, the consultancy and letting agency, suggests that the “accidental landlord” might be exiting from the private rented sector. According to a recent report from them, the number of new lettings at under £1,000 a week in London […]
Read moreIn this article, I look at what the main political parties are likely to do for residential property, should they be elected with enough of a majority to actually do anything. Let’s start with the Conservatives. Conservative’s Property Plans Well, landlords have hardly had it easy from the Tories over the years since when George Osborne became chancellor and ever […]
Read moreCan using a property company save tax for landlords? Generally the answer is usually, yes! The focus of this piece is to look at the pros and cons of using a property company to save tax – for any new properties that you are buying. (Moving an existing property portfolio into a company structure is different, can be more challenging, […]
Read moreThere 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 […]
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