We are regularly asked by both professional and accidental Landlords whether or not Self-Management of their property(s) is a good idea? In both cases our answer is ’not usually’ bearing in mind that in most situations we are talking about an essential monthly income stream as well the longer term retirement / pension provisions of… Read more »
These are some of my reflections on renting as I gaze from my study window at the top of the house across the sweeping grasslands and woods of ‘Gods own Country’. Renting was rather unfashionable back in the 60’s & 70’s and youngsters either lived in a Rigsby ‘Rising Damp’ style bedsit with woodchip wallpaper… Read more »
New & inexperienced landlords often ask me “what makes a really good renter in Harrogate?” This is a large and varied topic, so to start in brief, let’s leave on one side the issues of purchase price, capital growth, BTL (Buy To Let mortgages) and taxation efficiency. Let’s also assume that you have instructed Myrings… Read more »
Given that the BBC has now given up on obtaining its weather forecasting information from the Met Office after 93 years – we had the idea that we should come up with 10 property forecasts for Harrogate Landlords over the next 10 years. Surely our property predictions cannot be any worse than the Met Office predictions for… Read more »
BTL (Buy-to-Let) has long provided some very good returns for investors, but a number of clouds on the horizon have signalled some serious concerns. Changes to stamp duty, tax relief and new lending rules in the UK could significantly reduce the likelihood of being able to make money from letting property. The national picture is… Read more »
What type of properties rent best in Harrogate ? Let’s start at the beginning with the buying of a property to rent out in Harrogate. As an investor you need to know how saleable a property is and how well it will rent/ the level of yield, before you buy. Saleability is a key as one… Read more »
We are sometimes asked by landlords if they should extend their terraced houses to make an extra bedroom in the loft. Landlords often have good connections to reliable tradesmen, who can do such extensions at a sensible price. More useable space is usually indicative of better quality accommodation and tenants are prepared to pay to accommodate… Read more »
As Election fever begins to grip the UK, we’ve seen propositions for reform that have varied in shades of feasibility and usefulness. As a local estate agent, it is our duty to inform and protect those that live within the properties that we let on behalf of landlords, as well as the landlords themselves that… Read more »
