Recessions hit everyone right where it hurts: in the pocket. Everyone feels the pinch as prices rise and the cost of living spirals. Homeowners face the prospect of higher mortgage rates and rising bills. But what about landlords? Are they the Teflon of a credit crunch? According to finance experts at Investopedia, landlords not only survive recessions, but they thrive, as renting becomes more...
December 2022
Homebuyers are heavily influenced by what they see, smell and hear, so here’s a guide to ensuring your property appeals to their senses. Did you know that when it comes to impressing a buyer, you have just half a minute to knock their socks off? Yes, you read that right. Most buyers decide if a property is the one for them in the first 30 seconds of a viewing. So, with so...
The rental market is a tough place to be, especially in the current economic climate. With the cost of living crisis leaving many tenants feeling squeezed, now could be the right time for landlords to invest in rent protection insurance. But is it really worth it, or just another expense? In this two-minute read, we look at rent protection insurance in detail to help you decide whether you need...
How to Maximise your Budget and Buy Your Dream Home Buying a home comes with a lot of dreams, needs and wants, but there’s another consideration, too – budget. Whether you’re taking your first step on the property ladder or moving on to bigger and better things, how can you make every pound count? Maximising your budget might seem impossible; after all, a downstairs WC is a...
A significant shift in how landlords file tax returns is looming on the horizon. Here’s what landlords need to know about the changes. If you’re a landlord with a taxable income of more than £10,000, now’s the time to start thinking about new tax reporting rules that are coming down the line. In April 2024, all landlords with an income of over £10K will have to comply with a scheme...
Get it right, and insulation can add value to your home. Get it wrong, and it could be difficult to get a mortgage for your property. Read on to find out why. With energy prices sky-high and global warming a pressing issue, many homeowners are looking to insulate their homes. While there are many benefits associated with insulation, one issue you should consider before committing to work at...
A property portfolio is a great way to generate income and build yourself a tidy retirement nest egg. But there’s more to it than shaking hands with new tenants and waiting for the rent to roll in. You need robust systems and a professional attitude to protect your investment and ensure you don’t wind up out of pocket or on the wrong side of the law. To find out what it takes to manage...
Energy is a hot topic. From price hikes to conserving energy, every day there seems to be a new thing to think about. And now, research has shown that being more energy efficient could even bump up the value of your home. Boiler company BOXT found that increasing the EPC rating of your home to C or above could boost your house price by 23%. So, if you’re thinking about selling your property,...
Here are ten ways to prevent a minor mishap or major disaster at your rental property this winter. For many people, winter really is the most wonderful time of the year, a chance to crunch through frosty fields, make the perfect snow angel or snuggle up by the fire. But from a property perspective, winter can be hazardous, with snow, rain, ice, high winds and low temperatures all posing...
If you’re looking to market your home, read on to find out what’s hot and what’s not in the property world. Forget trend forecasters and property commentators; if it’s insight into housing trends that you want, turn your attention to estate agents. As agents spend so much time looking around people’s homes, they have their finger on the pulse when it comes to changing property...