Private Rented Sector Buy to Let Consultants
The 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 […]
Read moreEviction specialist firm, Landlord Action are warning that scrapping Section 21 notices could severely impact tenants because it could lead to a rise in homelessness, writes David Lawrenson of www.LettingFocus.com. How Scrapping Section 21 Notices Could Increase homelessness As we have written here before, a consultation is currently underway on the Government’s plans to scrap Section 21 and expand Section […]
Read moreDavid Lawrenson of www.LettingFocus.com thinks Labour’s plans to force private landlords to sell to tenants – a sort of “private tenants right to buy” are unworkable – and they must surely know it. Labour Plans for Private Landlords Just when you thought it could not get any worse for private landlords and the private rented sector in general, a new […]
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 […]
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