After marketing your property for rent and going through the process of viewings, applications and references, you can finally rest easy, knowing that you’ve chosen a great tenant for your home and they are happy and settling in. You have signed a 12-month contract with them, so you know you won’t have to go through this process again for at least 12 months and can relax a little.
Any letting agent worth their salt will undertake reference checks on potential tenants. Referencing is a vetting process to ensure only the most genuine, trustworthy and financially-sound renters can reserve a property.
In May and June this year, there was a small dip in the asking prices of properties for sale in Wellingborough. This is usually expected during this period as people are away on holiday and/or are enjoying the summer weather. Since this dip, the average asking price has risen for four consecutive months, reaching it’s current high of £271,923, 4.4% higher than the ‘mini-dip’ in June and 21.6% higher than in January 2021.
It was all change across the UK in October, starting in England. It was only a month ago that we wrote about a new Prime Minister and Chancellor at the helm. Unbelievably, we are reporting the very same news a matter of weeks later, swapping Liz Truss for Rishi Sunak and Kwasi Kwarteng for Jeremy Hunt.
In May and June this year, there was a small dip in the asking prices of properties for sale in Wellingborough. This is usually expected during this period as people are away on holiday and/or are enjoying the summer weather.
Are You A Landlord?
Did you know there are over 300 laws and regulations that apply to the private rented sector?
These are just some of the fines (and prison sentences) YOU could face if your property isn’t up to regulations?
The relationship between parents and their children is commonly lifelong but there comes a time when the apron strings are cut and the brood flies the nest. It’s a stage in life when many parents, perhaps reaching retirement age, make a number of lifestyle changes.
Despite rising inflation, interest rates and general cost of living, Barclays and a handful of other banks are predicting that house prices in the UK will continue to grow.
Barclays said on Wednesday that while higher interest rates are expected to adversely impact housing markets in major economies, house price growth should remain “positive over the forecast horizon.”
The latest Statistical Briefing from The Dispute Service – which uses data from the Tenancy Deposit Scheme, SafeDeposits Scotland and TDS Northern Ireland – has highlighted the top three reasons for deposit disputes across the UK during 2021-2022.
Rules have changed for landlords over the past few years. Increased legislation, new tax laws and the cost-of-living crisis putting strains on tenants being able to pay their rent (this isn’t a criticism of tenants who find themselves struggling in these times, just a reality of what we are all currently facing).
There can’t be a seller in the land that doesn’t want their property to sell for the highest price. Although a lot rides with the buyer, their budget and how much they’re prepared to pay, sellers can help themselves when it comes to achieving as close to the asking price as possible.
September was a month of disruption. With a new Prime Minister and Chancellor at the helm, changes marked the inauguration of this new partnership. First up alterations to the stamp duty thresholds.
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