Implications for Landlords Following the Second Reading The recent second reading of the Renters Reform Bill marks a pivotal moment in the landscape of rental housing. This legislation aims to reshape the rental market by introducing significant changes that will affect both tenants and landlords alike. As the bill progresses, it is crucial for landlords…
STAMP DUTY CUT – What does it mean for me? On Wednesday 8th July, the chancellor of the exchequer unveiled one of the most enticing opportunities to home buyers I have seen in many years here in the UK namely the removal of stamp duty on homes worth up to £500,000 in a bid to kickstart the…
First Impressions Count! It’s said that a buyer makes their mind up about a property within the first 10 seconds of viewing, which is why it’s vitally important that the external appearance is presented well and shows off the true potential of the property. Living in and around Canary Wharf, (Zone 2) has changed dramatically…
Property ownership has become increasing more difficult over the last couple of decades and what was once seen as a given by the older generations amongst us now seems like an impossible dream for the eager twenty and thirty somethings who are desperate to become homeowners. With that said many are now exploring other avenues…
Q. Every time I have a tenant change at my rental investment property it seems that the new tenants want something added or removed in terms of furniture and large expensive essentials. Quite frankly I am sick of taking stuff out and then bringing it back when they vacate, do you really think it’s necessary…
Q. I have just rented a property from an agent that I am now beginning to have concerns about. Having already moved in I now feel anxious that he doesn’t seem to be regulated at all as I still don’t have anything to show he has my deposit and I’m now beginning to worry whether…
Q. I recently reserved a brand new house from a developer and it should complete in the spring. I particularly decided on a house as I am currently in a Leasehold flat and the service charge and ground rent are extortionate. However I have just heard that the house is subject to ground rent charges?!…
Q. I am in the process of selling and upscaling to a larger home and have found myself involved in a chain. At first I wasn’t too concerned but five months in and the person at the bottom of the chain has just dropped out and put everyone in a precarious situation of not going…
News broke last week that from the 1st of April 2019, Tower Hamlets Council will be introducing an ‘Additional’ licensing scheme for multi-occupied premises under the provisions within the Housing Act 2004. This Additional Licensing Scheme will cover the whole borough excluding the current Selective licensing designation (Spitalfields and Banglatown, Weavers, Whitechapel pre-2014 wards). There…
Q. I am exploring purchasing a buy to let property for investment, but I am not really sure I quite understand the stamp duty land tax implications for second homes, I want to be sure I recognise what I am getting myself into before I make the commitment, can you enlighten me? A. The government…
