How High Rental Yields Can Leave A Hole In Your Pocket

Is rental yield really that important? This is a question I've found myself asking time and time again lately as I talk to property investors and landlords with properties to rent or let out in Leicester. The conversation usually goes along the lines of an investor saying to me "the yield is too low, the numbers don't stack up. Up North, I can get double the yield!" I argue this isn't a great measure of investment potential. Let me explain; A straight buy to let in Leicester will get you anywhere between 3-6% gross at average sales value, depending on [...]

Photo Competition: Culture & Landmarks of Leicester

We love great photos, especially of our glorious city of Leicester and we love taking 'em but this time, we want to see what you can do with a camera (or smartphone) in this Leicester photo competition! The days are long, hot and sunny and there are perfect conditions to snap the perfect shot! There is no limit to what you can send in. The only requirements are: Your entries MUST be taken within the Leicester boundary (this excludes Leicestershire on this occasion). They MUST have been taken within the last two years. Your images MUST capture the landmarks or culture of Leicester. [...]

By |2019-10-02T22:44:21+01:0027th August, 2019|Competitions, General|0 Comments

Are You A HMO Landlord Without Knowing It?

Understanding the HMO laws in the UK can be a minefield, especially as the so-far four-year onslaught against the private rented sector continues and back in October 2018, landlords in Leicester were unsurprised to hear that even more HMO regulation was being thrown their way which resulted in many landlords finding themselves owning HMOs where they previously wouldn't have been. This article recaps those changes and offers a FREE HMO Factsheet to ensure you're doing at least the bare minimum to remain legally compliant but the factsheet is in no way exhaustive and further action should be taken to minimise [...]

Legal Compliance for Self-Managing Landlords: What YOU Need to Know

Being a self-managing landlord is scary, you're responsible for keeping on top of the 150+ pieces of legislation that apply to private rented housing that, should you fall foul of any of them, could see you on the receiving end of hefty fines and even a prison sentence. This article tells you what you need to know to be a legally compliant landlord in England (though references to local authorities will be with Leicester City Council in mind, each local authorities may have slightly different rules). These tips should enable you to put your best foot forward in the [...]