Blog - Residential lettings
Thursday, July 14, 2016
Let-to-rent isn't a new idea, but it’s one that is becoming more commonplace as a way of life. Massive and increasing costs to move, and problems replacing existing mortgages are often cited as a reason for not selling a property but letting it and renting another property to live in. Schooling often prompts a decision to let-to-rent if a family wants to live in a specific catchment area for a limited period and it’s also a great way to try living in a new area whilst keeping your options open. It may be the ideal option to facilitate a short term work contract, or just a way of keeping a home that you can’t bear to sell.
Thursday, May 26, 2016
Demand for rental properties is predicted to rise significantly with just 47% of those born in 1990 likely to be a homeowner by age 40. With low interest rates and volatile stock markets making other investments unattractive, buy to let is still a popular long term option. But with additional stamp duty and reduced tax benefits, it’s vital to get it right. So if you’re looking for advice on Buy to Let, consider these key tips.
Thursday, May 12, 2016
The rental market is buoyant with high demand for rental properties; now is a great time to let your property. House prices are still increasing so while your rental property is generating a monthly income for you, it’s also likely to be appreciating in value. Increasingly tenants are seeking better value for money by moving out of central London to areas within easy commute, such as Staines-upon-Thames, Windsor, Langley and Burnham and at The Frost Partnership, we have a waiting list of quality tenants looking for properties of all types from one bedroom apartments in Slough to five bedroom family homes in Gerrards Cross and Beaconsfield.
Wednesday, March 23, 2016
In recent years there have been many changes to legislation and best practice within the lettings sector affecting both lettings agents and landlords. Many more changes, such as those affecting Energy Performance ratings, are part of an ongoing plan to protect tenants and encourage both landlords and agents to raise their standards. The Energy Efficiency Regulations 2015 (Parts 1 and 2) come into force on 1st April 2016 and apply to domestic privately rented properties in England and Wales.
Monday, February 15, 2016
It may be wet and windy outside and there are changes ahead in the rental market but the forecast is still bright for landlords in the South East. Investors looking to profit from buy-to-let can take heart from signs that the boom is far from over. House prices are still on the up and demand for rental properties is still outstripping supply. Whilst these two factors remain, buy-to-let represents an attractive long-term prospect, offering potential for capital appreciation as well as a steady rental income.
Monday, February 1, 2016
In 2015 The Home Office announced that from 1 st February, the government’s “Right to Rent” policy would come into effect across England. So, from today, all landlords letting property in England are required by law to check the immigration status of prospective tenants (and take a copy of evidence of their “right to rent”) in a bid to make it harder for people to live in the UK illegally. Landlords will need to see original documents (and take copies) proving that the tenant has the right to be in the UK. Acceptable documents include UK or EEA passport, Home Office immigration status document or certificate of naturalisation as a British citizen. Landlords who don’t make the checks could be fined up to £3,000 per tenant or even face a prison sentence. So are you ready for “Right to Rent”?