AST contracts are going to be removed by the Renters’ Rights Bill as soon as this summer. The proposed legislation outlines several ways in which it is going to change the private rental sector, and one of the biggest ones is the removal of AST tenancies. ASTs or ‘Assured Shorthold Tenancies’ are the current industry […]
Labour’s Renters’ Rights Bill is touted as being the largest reform of the private rental sector (PRS) since the 1980s, so now’s the time to prepare yourself to keep your yields high for when the changes come into force – which could be as soon as this summer. Here are 3 tips to help you
If you’ve ever purchased a property or are planning to do so in the future, you would have no doubt encountered Stamp Duty or SDLT. But what exactly is it? Why does it exist? And how is it changing in 2025? What is Stamp Duty? Stamp Duty Land Tax (SDLT) known more commonly as just
There are many approaches to letting out a property, but the two most debated are long-term AST lets, and short-term Airbnb holiday lets. Both strategies are profitable and can be quite versatile, but which is best for you? Stick around and find out by the end of this article. Prefer video format? watch our video
Avoid these 10 common mistakes when letting out your property Whether you’re a first-time landlord or an experienced property owner, navigating the world of renting can be tricky. From legal obligations to tenant responsibilities and relationships, it’s easy to stumble if you’re not careful. Today we’re looking at the top 10 pitfalls that landlords
Following his pledge to abolish Section 21 ‘no-fault’ evictions before next general election, Housing Secretary Michael Gove has announced more planned changes to the private rental sector, this time setting his sights on the short-let market. In a press release by the Department for Levelling Up, Housing and Communities this morning, proposed changes to planning
Significant Changes to Short-term Lets on the Horizon Read More »
In an interview with the BBC, Housing Secretary Michael Gove announced that Section 21 evictions in England will be ‘Outlawed’ by the next general election, which can be no later than January 2025. The controversial plan to abolish Section 21 ‘no-fault’ evictions has been met with both criticism and praise from different parties since its
Section 21 eviction ban by next election, pledges housing secretary Read More »
What is selective licensing & does it affect your property? In simple terms, selective licensing is a regime of conditions and requirements applied to properties in a specific area that is enforced by local authorities. This regime must be satisfied in order to be able to let out a property. It is important to note
Leasehold and Freehold Reform Bill Condensed: How it Affects Leaseholders and Freeholders Going Forward After many delays and wide speculation, the Leasehold Bill was officially announced during the King’s Speech earlier last week, on Tuesday 7th November 2023. The speech formally introduced the ‘Leasehold and Freehold Bill’, which promises to deliver big changes to the
5 Ways to Boost Your Property’s Insulation for Winter According to AXA, approximately £1 for every £4 spent on heating a home in Britain is lost due to insufficient insulation, meaning that it takes longer to heat a property, and is more expensive, and the heat is retained for less time. Properties with poor insulation