News from our blog
Propertymark alongside other sector organisations is calling for the Chancellor to act now and agree on a targeted financial package to help private renters pay off COVID-19 rent arrears to help sustain existing tenancies and keep renters in their homes.
At least half a million private renters are in arrears due to the economic impact of COVID-19. The UK Government’s own research shows that ‘private renters report being hardest hit by the pandemic’.
Landlords no longer able to issue a blanket ban on pets
Responsible tenants with well-behaved pets will be able to secure leases more easily through the new Model Tenancy Agreement announced by the government today (28 January 2021).
The pros and cons..It can be extremely frustrating not being able to sell your home, you may well have thought about renting it out instead. Of course, doing so officially makes you a landlord and this can generate a big impact on your life. Selling or renting your...
You should heat your empty house. Winter temperatures can lead to problems like frozen pipes, flooding, and other water damage.
Some people might think that winter temperatures won’t cause problems, but even dropping below 40 degrees Fahrenheit can lead to damage.
If vacant, your house still needs to be kept reasonably warm.
Heat isn’t free, but it’s much cheaper to keep your empty house warm than to repair serious damage later.
It can be tempting to leave your vacant house to its own devices. After all, no one is there to complain about the cold.
We are regularly asked by potential Landlords whether or not Self-Management of their property(s) is a good idea?
In both cases our answer is ’not usually’ considering that we are talking about a substantial additional monthly income or in the longer term, the retirement & pension provisions of our clients.
For example, we know that an inexperienced response to a faulty thermostat in a boiler system or a water leak in an airing cupboard can either cost a Landlord £ 50 or hundreds of pounds.
Equally when we advise redecoration between or during lettings – it’s because they genuinely need doing if we are to meet rental expectations and to minimise vacant properties.
In short, Landlords don’t always have the robust administration systems, relationships with reputable tradesmen and experienced teams in place to carry out work in a timely manner or find and vet tenants…
In Teignbridge, Totnes and Torbay, it appears that despite the current Covid situation we met the economic and property storms better than many other parts of the country.
The number of “ reforms “ in taxation and the regulations that impact on Landlords – and Letting Agents – may have created more red tape, but on the whole they have not impacted negatively long term on rental income and capital growth; confirming my firmly held belief, that property remains one of, if not the best forms of investment.
There can be few in the industry, that are not aware that over the past five years. The Domestic Rental Sector has endured a number of regulations presenting numerous hurdles in the way of paperwork and processes.
Finding a property to rent for the first time can often be a daunting, expensive and stressful experience.
As a tenant, you want to find a property which offers space, security, is generally appeals to your taste, but does not cost the earth.
As experienced and respected letting agents, we will help you find your perfect home, handle the maintenance and ensure that the property you are interested in is within your budget,.
With property investment remaining a great way to make your money work for you, most landlords come to the rental market by design.However there are those who find themselves with a property due to circumstance.This could be someone who has inherited a property, or...
2020 has bought with it a plethora of challenges.
This can include tenants moving on for many reasons to the revised laws and regulations bought about by Covid 19.
Even with the optimism of a vaccine, these regulations are likely to impact for a large part of next year, so landlords, more than ever, need the experience and lettings expertise to guide them that can be found within a professional letting agency
The development of condensation can be controlled in part by increasing ventilation throughout the dwelling. There is a preconception that ventilation means higher heating bills; however ventilation is essential to prevent very the unpleasant and sometimes dangerous effects of the resulting mould…read more