Private Rented Sector Buy to Let Consultants
How 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 […]
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. …. […]
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