Last year we saw the USA put a ban on letting fees into effect, and the UK is now following suit. There is currently a bill in the House of Lords that is about to become common law. The new legislation is known as the “Tenant Fees Bill 2017-2019” and is due to come into … Continue reading UK Follows US Ban on Letting Fees
Help to Buy ISA and Lifetime ISA are two bank accounts that you can use when saving up for your first home. Help to Buy ISA offers a brilliant 25% bonus on the amount you deposit (up to a maximum amount). The LISA (or Lifetime ISA) seems to offer the same 25% on top of your … Continue reading Help to Buy ISA or Lifetime ISA?
Should you buy or should you sell? It is almost 2019 and we need to start thinking about our property investment portfolio. Even if you are a smaller landlord with only a few properties or a normal home homeowner, it is good to look at the options for the coming year. In 2018 we saw … Continue reading Property Investment in 2019
This October 2018 we saw a dramatic rise in the amount of UK properties being re-mortgaged. Experts state that the remortgaging rates reached the highest point in over a decade during the month of October. Remortgaging can be carried out for a number of reasons. For example, perhaps you want to free up some of … Continue reading Dramatic Rise in Re-Mortgaging
Dodgy landlords need to be aware that they need to get their game in order! The Government has now issued the ability for local authorities to fine landlords for criminal offenses up to £30,000. This new legislation has been created as an attempt to weed out criminal landlords. An additional £2m funding has been made … Continue reading Tough Stance on Criminal Landlords.
Just yesterday UK Ministers unveiled new Housing Court proposals to speed up landlord and tenant justice. The new proposal has been developed to allow both landlords and tenants to achieve much faster and more effective justice. The new proposals are great news for families and vulnerable tenants who live in fear of being forced to … Continue reading Justice Prevails – New Housing Court Proposals
Savilles, one of the leading UK estate agents has recently published their property market forecast on 2nd Nov 2018. These predictions are, by and large, very positive. They forecast an overall rise in both house prices and also in rental value from 2019-2023. Savilles predict that the average UK house prices will increase by 14.8% … Continue reading What are Your Property Market Predictions?
The UK property market is facing uncertain times. With the impending Brexit changes creating instability and the 2018 budget changes pouring more fuel on the fire by creating up to a £1billion deficit. Do the changes spell opportunity or disaster? Is it time to sell up? Or possibly get investing in more UK properties? Find … Continue reading The 2018 Budget Alters UK Property Market
When letting out your property there are large amounts of legislation that must be rigorously adhered to. These rules and regulations are increasing year after year, which is hard for landlords to keep up with. If you are going to be renting out your property then you need to be aware of the law surrounding … Continue reading Top 6 Legal Tips for Landlords
After the GDPR (General Data Protection Regulation) came into effect on the 25th May 2018 many landlords and business’ were left wondering how this affects their organisation. At the time the new law came into effect we saw a flurry of emails streaming into our mailbox asking us if we wanted to opt out of … Continue reading How GDPR Affects Landlords