Brexit, we've heard enough about it now, haven't we? But what about its impacts on the Leicester property market? Is it all doom and gloom? With predictions saying we can expect a significant fall in house prices (up to 30%) after we leave the EU, it's no wonder buyer uncertainty in the property market is at an all-time high. This report looks at the property market before and since we voted to leave the EU and analyses the market the accurately predict what we can expect once we leave the EU if we ever leave the EU... Just complete [...]
With the introduction of Selective Licensing across many cities and towns in the UK, dealing with anti-social behaviour in your properties is more important now than it ever has been! This guide will show you how to handle tenants who are being antisocial and how to mediate effectively if you own an HMO in Leicester where your tenants are falling out with each other. Just complete the form below and your guide will be emailed to you immediately!
Understanding the cost of being a landlord is key to maximising your return on property investment and retaining more profits! In Leicester, the costs of being a landlord are easily managed with all things considered and this guide is FREE for landlords with rented properties in Leicester. You might be asking: What expenses can I deduct from tax? What's my personal allowance this year? What's happening to mortgage interest rate relief? What are the changes to stamp duty land tax? What happens if I don't pay my buy to let mortgage? What costs are involved if my tenant moves out? [...]
Energy efficiency has become a buzzword in the private rented sector today since the minimum energy efficiency standards came into force last year. If you own a property to rent in Leicester, you will have obligations to meet minimum energy efficiency standards, also known as MEES, or apply for an exemption that could last up to five years. Properties rated E or below on the energy performance certificate (EPC) will no longer be compliant from Spring 2019. Download your free Leicester MEES Fact sheet by completing the form below. Your factsheet will be emailed to you so you can download [...]
HMOs are still a buzzword in the private rented sector today and are very lucrative meaning they occupy a part of the market that's increasingly attractive to landlords with figures suggesting the average rental yield for a HMO is 9.7%, much higher than the 5.6% average yield in the single unit market. Operating an HMO can provide excellent rewards but carries with it a lot of risks if things don't go right, including penalties of up to £20'000 for not having the correct license or custodial prison terms for failing to undertake your obligations under Health & Safety. If you [...]