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 […]
Rental Forecast & Figures
Please read below an update on changes in tenure, 5 year rental forecast and UK quarterly rental figures: Changes in tenure In the last 10 years 1,550,000 homes have changed from privately owned to the Private Rental Sector. 550,000 have gone the other way. 700,000 new homes built since 2005 have also become PRS properties. […]
Bishop Sullivan wishes you a Happy Halloween!
We hope you have a¬†magical weekend, For a bit of fun click ‘Read More’ so you can see the web-links and then… Click here¬†to view the world’s most Grimm and ghastly photos taken by ghoulish¬†estate agents around the world. Click here to view some of the most charming pumpkin carvings since eternity. Enjoy!
UK Landlord tax changes 2017
Welcome to this week‚Äôs post about UK Landlord tax changes in 2017, it‚Äôs another biggie – upcoming changes to tax law which unfortunately will affect Landlords of all shapes and sizes, whether you live in the UK or somewhere warmer. Accidental Landlords (let-to-buy or inheritance) and overseas investors would seem to be the biggest losers. […]
Section 21 Notice new rules from 1 October 2015
Hello again, This post will look at the changes to the Section 21 process for new Tenancies from 1 October 2015 under the Deregulation Act 2015, and the myriad of requirements it now places on the Landlord and/or Agent for the notice to be valid. Oh joy. I must apologise about the length of this […]
1 October 2015 Smoke and Carbon Monoxide Alarm regulations
Hi, Welcome to the second Property News post. If you are already reaching for the ‘Unsubscribe’ button please rest assured that this blog is not selling anything, it is to keep Landlords informed of relevant market information and/or Landlord legal obligations. Today I will be going over the imminent smoke and carbon monoxide alarm regulations […]