These are more challenging times for Landlords in Harrogate. We’re acutely aware that good quality rental property is in short supply in the town whilst strong demand has increased income (rents/yields), reduced void periods and allowed landlords to be highly selective in choosing new tenants. However, as we blogged very recently, increases in Stamp Duty on… Read more »
Harrogate has been called a lot of things, but the most relevant to our business is “Teflon Town” The idea being that despite what else happens throughout the property market nationwide, Harrogate, as part of the Golden Triangle, seems to remain relatively unscathed. The latest bad property weather to hit England is concentrated onto the… Read more »
It’s understandable that we’re regularly asked ‘when’s the best time of the year to sell my home?’ Our reply, although there are certain hotspots during a typical year there are usually a great many other factors that must to be taken into consideration before a decision can be made. Even with over 20 years of… Read more »
In Part 1 of this Blog we looked at the rental marketplace from a landlords perspective and listed a number of concerns, which could have a severe, unwelcome impact on the property and or, financial yield. These concerns are commonplace to professional landlords and to the majority of our reluctant landlords (homeowners renting out their… Read more »
We have a wide range of landlords who own anything from a one bedroom apartment to a large detached house, from a single property to a large portfolio. All of our Landlords however have one important thing in common. Their principle aim is to let to well qualified tenants who pay their rent on time, honour… 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 »
The election has been on everyone’s lips. One question that we are regularly asked is: Why do house prices in Harrogate continue to climb, despite the uncertainty surrounding the government’s future plans? Our answer? It is largely due to availability of low cost money and the knock on effect in the market place of reduced monthly… Read more »
They’ve been all over our televisions, newspapers and Internet. The main political parties have been thrashing their manifestos out in order to win the publics’ all-important votes. But what are the parties takes on housing? In brief and as an indication only of some of the ideas floated: The Conservatives would like to extend the… Read more »
