Blog Archive

PROPERTY MYTHS: MISCONCEPTIONS ABOUT SELLING YOUR HOME

There are a number of commonly and mistakenly held beliefs that raise their heads alongside the individual concerns of each particular owner.

Written by: Vince Laurella

PROFIT OR LOSS? GETTING YOUR BUY-TO-LET FIGURES RIGHT

So, you've found the perfect property as your next – or first – buy-to-let: all that’s left is to find a tenant, watch the rent come in, and enjoy the proceeds. Or is it?

Written by: Vince Laurella

STAMP DUTY BREAK: WHAT DOES IT MEAN FOR YOU?

The announcement of a Stamp Duty holiday on July 9th by the Chancellor, Rishi Sunak means that you can save up to £15,000 when buying your next home.

Written by: Vince Laurella

THE RIGHT ONE: HOW TO ATTRACT THE BEST TENANT

The biggest concern for every landlord is that the person or people living in their property will look after it and pay their rent.

Written by: Vince Laurella

Fees

Refundable Holding deposit - Capped at 1 weeks rent


Security Deposit Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000


Rent - The agreed monthly rent


Changes to tenancy - Capped at £50 inc VAT


Early termination charge - Not exceeding the landlord’s financial losses


Late payment of rent - Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue


Replacement keys - Limited to the reasonable costs of replacement


Utilities, council tax, communication services, TV Licence etc - Tenants own responsibility unless otherwise stated in contract


Client Money Protection Scheme Membership details - Money Shield 59788387


Property Redress Scheme Membership details - TPO SALES AND LETTINGS Membership No: D13794


Please call us on 020 8539 9544 for further information.