I am covering tricky topics as they come along and so let’s consider now the pros and cons of being an accidental landlord. These are landlords who find themselves in the rental marketplace not necessarily through choice – for example someone inheriting a property following the death of a relative. Sometimes rather than selling, or… Read more »
“Fools rush in where Angels fear to tread” should serve as a warning to me, but I am going to do my best to explain now why there is a shortage of rental stock – especially of larger family homes – in Harrogate and elsewhere in England. There is, understandably, in my view, a widely… Read more »
Even before Boris announced his decision to appoint a new Housing Minister (13 in 12 years) and then resign a number of our Landlords were asking us what the real implications/consequences of the new Renters Reform White Paper were for them and their investment/prospects. Our response – very consistent over so many years is –… Read more »
Predictions about the future of BTL (Buy to Let) in the UK vary. Some say that the BTL sector is thriving and will continue to grow in line with increasing Tenant demand. Others say that the weight of legislation and the associated costs are driving Landlords out of the market. One of the key questions… Read more »
New ESR (Electrical Safety Regulations) will shortly come into force, subject to parliamentary approval. In simple terms, these new electrical requirements will replicate those of the long standing Gas Safety Regulations. These new regulations are part and parcel of the governments Rental sector reforms which mean that Landlords’ legal responsibilities are increasing and workloads growing…. Read more »
Proverbs 31:10 ‘Who can find a wife of noble character. She is far more precious than rubies’. Too true and most Landlords take the same view about finding and keeping a good Letting Agent. From time to time however we are approached by a Landlord who is looking to instruct us but is unsure on how to go about dis-instructing… Read more »
We like to think that we tackle some tricky topics where there are no “rights or wrongs” and numerous legitimate “for and against” reasons on both sides of the “No Deposit” debate. We don’t currently tend to recommend “zero deposit” schemes to our Landlords for the simple reason that we very seldom get asked for… Read more »
Encouraging good tenants to stay saves you trouble and fees also pays off in the respect shown to the property. Put simply – Landlords need to be kind and realistic to attract & keep good tenants and reduce costs / optimise yields. There are numerous sensible reasons why a great many people decide to become… Read more »
We like to make sure that all our clients, whether buying, selling, letting or renting, have as positive an experience as possible and with that in mind we do our best to make it as close to stress free as we can! First of all lets demolish an urban myth. Moving house does not even feature… Read more »
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 »
