Being a landlord is about running a profitable investment, but for some, it is becoming harder to protect margins and generate a meaningful income. Now is a good time to examine your landlord status – is it best to be a private operator or a limited company?
If you follow politics, you’ll know it’s a case of ‘all change’ at the Conservative party. While the headline news is the resignation of our Prime Minister and the voting-in of a new leader, there was a reshuffling within the lower ranks that may have an effect on the property market.
It won’t have escaped your notice that outside space on its own is one of the best ‘added value’ aspects of property, with a well-kept garden widely believed to add between 10% and 20% to a home’s value.
June is over and where did that month go? The mid-point of 2022 is pivotal in the property calendar – with six months of trading behind us. All eyes are on the market’s momentum and whether demand is being maintained.
After years of delays and deliberations, the Renters’ Reform Bill has finally been crystalised in its associated White Paper. Titled the Fairer Private Rented Sector White Paper: a new deal for renting, the contents will soon become law and shape the way lettings is run.
If you were lucky enough to have a spare bedroom in 2020, there is a high chance that you shoved the bed to one side (or got rid of it altogether) to make way for a home office. In fact, a report from Zoopla suggests that some nine million bedrooms were lost during the pandemic to other uses.
Whether the property market is running hot or cooling down with the seasonal shift, buyers will always have a vision of what they want their next home to be – and your property for sale might be full of off-putting aspects.
There has been talk about a lack of properties for sale for some time now but a new report released at the end of May has put a figure on the squeeze. Propertymark claims that in April 2022, there were 52% fewer properties available, compared to the same month in the previous nine years.
Even mortgage lenders have their part to play in our quest to achieve net zero carbon emissions by 2050. The Government has asked banks and building societies to encourage the purchase of eco-efficient properties by offering buyers advantageous products billed as ‘green mortgages’.
While the property industry waits for a date when the Renters’ Reform Bill becomes law, there is an imminent change for all current owners and future buyers of leasehold properties. Here are five important points for anyone involved with a leasehold property.
If there’s one agenda that won’t be pushed to the bottom of the pile, it’s the eco agenda. How much energy we use, where we get our energy from and what we can do to reduce our carbon footprint is a narrative that has become persistent in the property market.
UK house prices continued to rise in April 2022 but the pace of appreciation has slowed, reports the Nationwide. In the last month, prices increased by 0.3% and although this is the ninth successive month of growth, it is the smallest monthly rise since September 2021.
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