A look at Supply and Demand in the Private Rental Sector 2016
A look back at 2016 In the 17 years I have been in the industry I cannot remember a single year where there were so many changes: Right to Rent Act Letting agents displaying fees Energy Efficiency Standards Selective licensing (HMOs) Wear & Tear allowances Section 24 of the Finance Act Stamp Duty Land Tax […]
Brighton & Hove average rents August 2016
Monthly update on local market trends using Rightmove statistics Brighton & Hove Average Rents: Avg 1 bed -0.3%¬†¬†¬†¬† ¬£899 PCM Avg 2 bed +1.2% ¬†¬† ¬£1284 Avg 3 bed -2.8% ¬†¬†¬† ¬£1644 Avg 4 bed +12.9%¬† ¬£2173 Avg 5 bed -0.1% ¬†¬†¬† ¬£2476 Brighton & Hove New Instructions: Let me know if you would like […]
Brighton & Hove average rents July 2016
Monthly update on local market trends using Zoopla statistics Brighton & Hove Average Rents: Avg 1 bed +2.6% ¬£872 PCM Avg 2 bed +1.1%¬† ¬£1259 Avg 3 bed +7.3% ¬£1638 Avg 4 bed +4.4% ¬£1938 Avg 5 bed -1%¬†¬†¬†¬†¬† ¬£2337 Brighton & Hove New Instructions: Let me know if you would like to hear about […]
Brighton & Hove average rents June 2016
Monthly update on local market trends using Zoopla statistics Brighton & Hove Average Rents: Avg 1 bed -1.5% ¬£849 PCM Avg 2 bed +1.3% ¬£1246 Avg 3 bed -1.5% ¬£1519 Avg 4 bed +0.8% ¬£1853 Avg 5 bed +/-% ¬£2430 Brighton & Hove New Instructions: Let me know if you would like to hear about […]
Is Brexit good or bad for landlords?
Is Brexit good or bad for landlords? We all know the song, what does it mean for landlords if we take the ‘out’ option? It is estimated that immigration will reduce and the UK population will be approx. 1 mill less by 2026. In essence this means fewer tenants looking to rent. A lower demand […]
Should I use a Limited company for my Buy to Let properties?
Should I use a Limited company for my Buy to Let properties? Most landlords now know about the upcoming restrictions to mortgage interest relief in April 2017. If you don‚Äôt click here. Since our dear friend Mr Osborne announced his summer budget in summer 2015 holding property in a limited company has been a constant […]
What is Minimum Energy Efficiency Standards (MEES)?
Please click to read a very quick summary of the new Minimum Energy Efficiency Standards (MEES) requirements for Landlords: As of 01-April 2016 this applies to any property with an Energy Performance Certificate (EPC) rating F or G Tenants have the right to request energy improvements such as loft/cavity insulation The Landlord is legally bound […]
Brighton & Hove average rents April 2016
Monthly update on local market trends Average Rents in Brighton & Hove: 1 bed ¬£878 PCM 2 bed ¬£1260 3 bed ¬£1512 4 bed ¬£1853 Brighton & Hove trends Powered by Zoopla: Let me know if you would like to hear about any other local market information for next month’s post. Need a rough idea […]
How do I choose a letting agent?
Please find below a detailed look at what Landlords should consider carefully when choosing a letting agent: Surveys A recent survey by Direct Line for Business suggests the best reason for using a letting agent is to avoid legal issues such as contracts, deposits & Right to Rent requirements Recent surveys by Citizens Advice, Shelter […]
Ready for Right to Rent commencing 01-February?
Right to Rent commences¬†1 Feb 2016 Just a quick reminder to anyone letting through an agent or more importantly letting your property yourself. Please read the below to ensure you stay the right side of the law. Failure to do so could result in fines up to ¬£3000: Under Right to Rent, landlords or their […]