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OUR PROPERTY BLOG

Why you may need to act fast to beat the stamp duty deadline

Why you may need to act fast to beat the stamp duty deadline

Back in the summer, we reported on Chancellor Rishi Sunak’s announcement of a stamp duty holiday until next spring, which has meant that house buyers haven’t paid a penny of the property tax on any transaction valued at up to £500,000 – as long as the house or flat...

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Tenant right-to-rent checks – are yours up to date?

Tenant right-to-rent checks – are yours up to date?

As a landlord, you can’t legally allow someone to live in a rental property as their sole or main residence under a tenancy agreement unless they’re a UK citizen, from Switzerland or the European Economic Area (EEA), or have what’s called a Right to Rent in this...

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Government pledges 5% deposits for buying first homes

Government pledges 5% deposits for buying first homes

Speaking at the virtual Conservative Party conference last week, prime minister Boris Johnson promised a return to long-term, fixed-rate 95% mortgages for those buying their first home, in a bid to turn ‘generation rent into generation buy’. In his speech, Johnson...

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What is Section 13 – and how can I raise my rent?

What is Section 13 – and how can I raise my rent?

Any landlord needs to be sure their rental property is a viable investment, and, from time to time, it may be necessary to increase the rent charged to guarantee a level of income and to stay in line with what is being charged for similar properties in an area. You...

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What does a Managing Agent do?

What does a Managing Agent do?

Terms like ‘Managing Agent’ and ‘Leasehold’ are regularly bandied about, but what do they actually mean? To start by explaining what Leasehold is, it applies to virtually all flats across England and Wales, as well as some houses. If you have one, technically you...

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How do you spot bad tenants?

How do you spot bad tenants?

Especially if you’re new to letting out property, you may, understandably, be feeling slightly nervous. After all, you’re allowing relative strangers to live in a house or flat you own, knowing that you depend on their rent for at least part of your income.  The...

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Who has responsibility for what in your building?

Who has responsibility for what in your building?

If you’re living in a flat as the leaseholder, one thing which can often seem unclear is where responsibilities lie in your building, and who should be taking care of what. Here, we try and clarify some of the key areas, so read on if this situation applies to you....

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Consumer group Which? in EWS1 form scam warning

Consumer group Which? in EWS1 form scam warning

Scammers are signing off External Wall Fire Review (EWS1) forms, often using the fake identity of a ‘chartered surveyor’ who doesn’t even exist, according to consumer group Which? These forms, launched in December 2019 and which can only be signed by someone who is...

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Ban on tenant evictions extended

Ban on tenant evictions extended

Earlier this summer, we reported on the government’s initial two-month extension on the ban of all eviction proceedings in England and Wales until August 23. This was aimed at giving struggling tenants, who may be facing financial difficulties in the light of the...

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Mortgage approvals smash expectations

Mortgage approvals smash expectations

It’s been the case for a while that levels of mortgage approvals are an important indicator of housing market activity, at least in the short term. So it was good news when the Bank of England reported earlier this summer that recent figures had exceeded expectations....

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Use a zero deposit scheme next time you let out or rent a home

Use a zero deposit scheme next time you let out or rent a home

For anyone taking on a new tenancy, deposits have traditionally been the greatest source of headaches. Typically, tenants are asked for four to six weeks’ rent as down payment, while also having to pay for a month’s rent upfront at the same time. Especially if you’re...

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Will property prices rise over the next few months?

Will property prices rise over the next few months?

You may have seen various less than positive stories about house prices in the media in recent weeks. But look at little more closely and the news is far from all bad. One major national online property portal says prices are set to continue on an upward path over the...

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Two-month extension on tenant eviction ban announced

Two-month extension on tenant eviction ban announced

Those renting their homes across England and Wales who may have struggled to make their monthly rental payments during lockdown will enjoy greater breathing space following the government’s announcement that it is extending the suspension of all eviction processes...

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Restrictions on housing market lifted as moving house allowed

Restrictions on housing market lifted as moving house allowed

The government has outlined proposals to unfreeze and kick-start the housing market, covering every step of the letting and sales process across England. (The Northern Irish, Scottish and Welsh markets remain frozen for now.) The announcement, of course, follows seven...

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