We recently wrote a blog about the rising number of landlords turning to lettings agents to help them manage their buy-to-let investments. This news was fascinating as it countered predicted trends, with many market analysts believing landlords would turn away from lettings agents following financial changes and the restriction against …
For those landlords who have a residential property portfolio and can't afford to incorporate due to expensive refinancing costs and increased stamp duty taxes on buy-to-lets, there may be a solution to the problem.As we know, the additional 3% stamp duty on buy-to-lets, as well as the loss of mortgage …
It often comes as a surprise to many tenants to find out that not all landlords use letting agents - such as ourselves here at CPS Homes - to rent out their property. While using a letting agent has notable advantages, such as marketing, some landlords enjoy handling everything themselves. …
Government proposals to amend mandatory licensing rules will see an additional 174,000 properties require a HMO licence.Currently, any property which has 3 or more storeys and 5 or more tenants (families excluded) requires a mandatory HMO licence. This applies nationwide, regardless of where the property is situated.The Government is now …
Many landlords have more than one property in their buy-to-let portfolio, and the private rental sector has been steadily growing for the past couple of years, which means many landlords look to add further properties to their buy-to-let property investment. However, new figures from the latest index show that there …
While property fraud is relatively rare, it can still pose a problem to landlords and property owners if they ever encounter it. This is especially true for landlords who may live some distance from their rental property. Property fraud is the name given when someone tries to steal your property, …
Recently, we wrote a blog article about the average UK house price recording a year-on-year increase, reaching an average high of around £313,655. While the average asking price for a property in the UK has risen slowly over the previous 12 months, new data from property website Zoopla has shown …
If your buy-to-let property is tenanted by somebody in receipt of a means-tested benefit and is classed as energy inefficient (meaning a rating of E, F or G on its Energy Performance Certificate), you are likely to be eligible to receive home energy efficiency improvements at no cost to you …
If you’re a frequent reader of our property blog, you’ll know that we’ve been covering a lot of announcements that affect landlords, and that includes the gradual removal of mortgage interest tax relief. In the 2015 Summer Budget, then-Chancellor George Osborne announced that by 2020/21, landlords would be unable to …
