As a landlord, are you up-to-speed with what the new boiler legislation means for you? Perhaps you have an old back boiler you're concerned about having to replace, or want to know what to look for in your next upgrade. Get a FREE consultation with one of our experts [...]
It may seem like I’m stating the obvious to a group of savvy property investors, but the value of a competent and expert conveyancer working for you can never be overestimated. Indeed if you already have one that you trust implicitly to see your transaction through to a smooth and timely completion, without [...]
We all make mistakes when buying property, especially when we first start out. I thought it would be useful to share my top 5 biggest mistakes when buying a buy-to-let property. Mistake 1 - Doing Nothing Now this may seem an odd one, but the number of times I [...]
Given that we as landlords engage regularly with our tenants, either directly or through letting agents, it is useful to understand a tenant's perspective to the letting process. What is the minimum term of the agreement? What is the position on bringing my pet? Who holds my deposit? To help with this one of [...]
More and more of us are looking at incorporation to hold our properties in. We know this will help shield us from the mortgage relief that is being reduced year on year from next year up to 2020. Having property in a company also means that any profits are potentially taxed at a lower [...]
During the Autumn statement, Philip Hammond declared that Letting Agents would no longer be able to charge tenants fees for renting a property out. On the surface, this may seem like a good idea as charges range from reasonable to ridiculous. The question now is how will letting agents approach landlords to broach [...]
More and more landlords are looking at selling their properties to themselves in the form of a limited company. The main reason for this is that they are able to continue claiming all finance costs in full. There are pros and cons with this approach and proper advice should be taken before doing anything. [...]
5 great ways to reduce costs Given all the tax changes happening it is even more critical we look at reducing our costs further. We have already lost the wear and tear allowance in 2016. Many will look to recover any increase in stamp duty costs from now on. All of us most certainly need to plan [...]
1. Establish your budget Before you even think about what to buy, where to buy, establish how much you have to spend on your new property. Unless you know this figure, you are potentially wasting your time looking at anything else. Speak to a mortgage broker at this point as they can help you establish what you [...]
On the 30th September 2017, lenders will have further checks in place for Portfolio Landlords based on guidelines from the Prudential Regulation Authority. This will typically include any landlord who has four or more buy to let properties. Why is this being implemented? The main reason is to ensure [...]
