Today, saving up for a deposit can be a huge burden. For many Londoners, buying a property can seem to be unattainable.But with the new shared ownership scheme that came into force last April 2021, the aspiration of buying a property for the first time could happen. The new shared ownership scheme was launched by the Government to help first-time homebuyers...
Moving house can be overwhelming and stressful. And it part of it has something to do with packing up your entire home with you. When you are ready to buy a new house, starting early when it comes to packing and preparation will help you stay on the right track throughout the process. This will also give you plenty of time to correct and adjust th...
Being a landlord is not an easy task, the stress level can get exceptionally high from dealing with repairs to chasing tenants arrears. It is not glamourous but it can be lucrative. So what are the ways you can reduce stress related with being a landlord? 1. Screen your tenants meticulouslyWhen it comes to letting a property, it i...
A smell can be a funny thing. Some people when they smell something it reminds them of a memory or a place. For many, fresh-cut grass takes them back to the summers of playing in the backyard. When you spend too much time in your home, you get accustomed to the way it smells. But every now and then, maybe you’ll smell something not pleasant, and y...
In every house, there is a need for more space. Regardless of how small your apartment is or how large your house is, we all seek the need to maximise the space to make our house feel spacious and welcoming. There are plenty of methods and techniques you can in order to have more space in your house. #1 Declutter Start, decluttering your home an...
In the UK the condition of the UK housing market determines the price of the property. Here’s a rundown of what influences the UK housing market and how it can affect you as a homebuyer for what you’ll pay for a property at a given time. What is the UK housing market? The UK housing market is the market for buying and selling proper...
Many features of a buy-to-let property will make potential tenants enamored with it, from its location to its features. Making sure that your property is suited to your target market can improve your rental yields, creates less vacancy, and improve the tenant’s satisfaction. Making your buy-to-let property home energy efficient can increase the re...
The eviction ban was brought in due to the covid-19 situation. The government has announced that the evictions ban will end on 31st May 2021 as part of a phased approach. This means that starting 1st June 2021, notice periods which was formerly extended to six months will be reduced to four months’ notice. However, in a situation where the tenant...
Balham, London is dubbed as ‘Gate Way of the South’ in Peter Sellers’ version of a sketch by Frank Muir and Denis Norden. It has a popular brunch and a pleasant community feel. No wonder it becomes an increasingly popular area for young professionals and families. BalhamWhen it comes to selling or buying a home in Balham, it is important to...
One of the selling points of a property for many tenants is the garden. Even if they do not enjoy maintaining a nice garden, tenants enjoy having a nice outdoor space especially these days where outdoor space is highly desirable. For landlords, gardens can be a bit of pain particularly if you discover that the garden has not been maintained by the...
When it comes to being a landlord, one of the key aspects of being a successful landlord is ensuring you maximise cash flow to generate income and cover contingencies. However, not all buy-to-let properties guarantee maximum cash flows. But before we start, let us give you a short tour about Cash flow. What is Cash Flow? Cash flow is the m...
Starting today, High Street lenders are now offering mortgages to borrowers with just a 5% deposit under the new government guarantee scheme. According to the research made by the government, 68% of private renters and 72% of adults living in their family homes said that they want to buy a home. The majority of them have been aware of the importan...
Starting 1st April 2021, non-UK residents who wish to buy a property in England will now have to pay a 2 percent surcharge for stamp duty.An identified non-UK resident transaction will have a 2 percent surcharge. This applies to a purchase of a residential property whether freehold or leasehold in England and Northern Ireland. This applies on top of all othe...
Last summer, the Electrical Safety Standards Regulations in the private rented sector in England were introduced. The regulations make it compulsory for an Electrical Installation Condition Report (EICR) for all existing specified tenancies to be completed in April 2021. It needed to be carried out in the property by a registered professional. W...
At times, owning a pet can be a challenge for people who need a rental property to live in. Most landlords have a no-pet policy because of the fear of the potential damage that a pet can cause to the property.Since the start of the pandemic, thousands of people have let furry friends into their lives. And due to the situation, many renters have long been exc...
