The bank of England announced yesterday an increase in the base rate of 0.5%, taking the base rate to 5%. This marks a 13th consecutive hike since rates were first increased in December 2021, from a low of 0.1% to 0.25%, and puts the base rate at a 15-year high. The base rate is used by most lenders to determine interest rates on mortgages and ...
What should Landlords do with their tenants deposit? How much can they request & where should it go?
There is lots of legislation surrounding a tenants deposit. It is important landlords understand their obligations or they could risk high fines or be unable to achieve vacant possession of their properties.
Here's how landlords and agents can currently increase rents - and how it will work under the Renters (Reform) Bill.
It is vital that inspections are undertaken regularly throughout a tenancy and photographic evidence and written reports are produced, but why is this so important?
Blue skies and sunshine have put a smile on many faces in recent weeks. Conditions remain challenging, but improved economic forecasts are good news for the housing market.
Here are four insights into the tax trends of the moment that may affect landlords.
The stats are in! What has come to market and sold in May 2023 and what does this tell us about the local property market.
The Bank of England has increased the interest rate to 4.5% - but what does this mean for your mortgage? Essentially, raising the base rate means that borrowing money is now more expensive than it was before. You may be wondering ‘why is this happening?’ and ‘what does this mean for me?’ We’ll cover these questions, and more, below.
By law the current version of the Governments How to rent guide needs to be provided to the tenant when a new assured shorthold tenancy starts. There is no requirement to provide the document again if the assured shorthold tenancy is renewed UNLESS the document has been updated.
Being a good landlord requires time, effort and money, but it’s worth it to find and keep good tenants for longer.
With mortgage rates increasing and Landlords tax obligations changing many are considering selling their assets, but can a Landlord sell when their tenant still lives at the property, and if they can, SHOULD they?
One of the questions we are often asked by both landlords and tenants is ‘who's responsibility is it to deal with mould’. The answer is often not as straight forward as we'd like.