Landlords Blog

February 2021 Market Comment

As we all battle through the current lockdown in our own way, the property market is surprisingly buoyant. This is perhaps inevitable as we are still playing catch-up from the restrictions of the first lockdown when sales transaction numbers plunged by around 50%.
But current market activity remains incredibly high, despite the fact that anyone

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Landlords Blog

Accidental Landlord

The archetypal multi-property “professional” landlord probably only accounts for about half of all landlords. The rest come in all shapes and sizes – The “Accidental” landlord, The “Pension” landlord, The “Parent” landlord and The “Inheritance” landlord.

In this article, we consider The “Accidental” landlord:

The accidental landlord is a homeowner who would ideally have sold,

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Landlords Blog

Tenant Fee Ban Benefit

Tenant Fee Ban Benefit Legislation now prevents letting agents from charging tenants a fee to process their application to rent a property. In the past,

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Landlords Blog

The Advertising Myth

When a tenant pays a deposit to a landlord or letting agent, the money must by law be “protected” against non-return at the end of the tenancy by one of two schemes –one custodial, and one insurance–based. Letting agencies and landlords choose which they prefer.

The custodial scheme is government-operated and free of charge. Funds

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Landlords Blog

Is Tenancy Deposit Insurance Worthless?

When a tenant pays a deposit to a landlord or letting agent, the money must by law be “protected” against non-return at the end of the tenancy by one of two schemes –one custodial, and one insurance–based. Letting agencies and landlords choose which they prefer.

The custodial scheme is government-operated and free of charge. Funds

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Sellers Blog

December 2020 Market Comment

What a month – with two major news stories within hours of each other that are likely to have a positive effect on the UK housing market: the US election result, and the discovery of a Covid-19 vaccine.
We know that stability and confidence underpin so much in the economy – jobs, inflation, interest rates, mortgage approvals,

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Landlords Blog

Your Winter Check List

Household emergencies generally occur during the depths of winter, but we recommend that landlords undertake a pre-winter checklist now to prevent unforeseen property headaches in the months to come. A tenant will often be less interested in preventative measures, but will of course complain if there is a problem – often too late and costly to

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Landlords Blog

Showing Tenants Around

Some people feel that flats and houses should be able to “let themselves” and do not need to be “shown” by letting agents. Whilst this may be true of certain exceptional properties, or where achieving the optimum rent is not an issue, most properties require the skills of a well-trained letting agent if they are

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Landlords Blog

With You All The Way

Many letting agencies simply act as a broking service that matches tenants to property. However, we are acutely aware that there is far more to successful lets than this alone. Indeed, nationally, about 25% of initially agreed tenancies fail to prove satisfactory for one reason or another.

One of the main reasons is that a

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Landlords Blog

Buy to Let update

The property market has historically been fuelled from below, with first time buyers paving the way for sellers to move onward and upward.

However, the dramatic rise in property prices over the past decades, followed by mortgage funding difficulties have combined to mean that there has been a decline in the number of first time

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Sellers Blog

November 2020 Market Comment

What a month – with two major news stories within hours of each other that are likely to have a positive effect on the UK housing market: the US election result, and the discovery of a Covid-19 vaccine.
We know that stability and confidence underpin so much in the economy – jobs, inflation, interest rates, mortgage approvals,

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Landlords Blog

The Benefit of Independence

“Location, location, location” may be the cornerstone of wise property investment, yet many people are unaware of the importance of location in making the right choice of letting agent – whether as landlord or tenant.

Letting agency is an intensely local business. It is essential that letting agents are fully conversant with the issues of

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Landlords Blog

Mapping

If location is fundamental to a tenancy, then mapping is surely the most obvious way to highlight location.

We choose to use locational maps on our property details/website as they make it easy for tenants to identify the property in relation to its surroundings. This is particularly useful when a tenant is considering a

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Landlords Blog

Who Chooses

They say a man’s home is his castle – but when a couple is renting together, it is probably not the man who actually chooses it!

94% of letting agents polled in a recent survey confirmed that it is usually the woman in such a relationship who has the last word in choosing which home

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Sellers Blog

October 2020 Market Comment

To say estate agents are busy would be an understatement. The unprecedented uplift in buyer demand over the past three months certainly bucks any notion of pandemic paralysis. Rightmove tells us that buyer enquiries are up 14% annually and sales agreed are just 5% below this time last year – which is pretty remarkable under the

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Landlords Blog

The Courteous Tenant

Most people move house rarely and often have little idea of the etiquette required if the stress of moving is to be minimised. Our job as progressive letting agents is to help landlords and tenants minimise this stress by seeing the world through each other’s eyes and advising accordingly.

For example, landlords, especially those who

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Beware the sub-let
Landlords Blog

Beware the Sub-Let

An unfair quirk in the law can leave landlords substantially out of pocket, as highlighted by the recent case of Cheryl Roux, the former wife of Michelin star chef Albert Roux.

A bogus tenant, introduced by a fake London letting agency, rented Mrs Roux’s £5m Knightsbridge property. That tenant then advertised the property to legitimate

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Don't Look
Landlords Blog

Don’t Look

When looking to rent a property, it is natural to want to see as many properties as possible before making the “right” choice and common sense dictates that you should view a handful of alternatives before deciding which to rent.

Our job as professional letting agents is to help tenants make decisions that are genuinely

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September 2020 Market Comment
Sellers Blog

September 2020 Market Comment

We’re not surprised that house prices, according to the Halifax, rose 1.6% last month That’s nearly 20% per annum when annualised (but don’t do that)! The combination of at least three months of pent-up demand, coupled with stalling supply as people hunkered down during lockdown made such an increase inevitable, especially when compounded by the

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