A professional inventory – an extra expense or a way to save thousands?

Imagine sending two landlords into the same property and asking each of them to compile an inventory. They’ll come up with different results. One may produce something quite detailed, documenting every single item, while the other takes a more superficial approach, listing just the key features. It’s obvious that the second landlord’s technique might cause […]

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New government white paper plans to reform “broken” housing market

Communities Secretary Sajid Javid has unveiled new plans to reform the UK housing market. Speaking in the House of Commons on the 7th Feb, Javid presented plans to reform the UK’s “broken” housing market through the aptly entitled white paper Fixing our Broken Housing Market. As expected, the reforms focus on stimulating UK housing supply, […]

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It’s official – buy-to-let landlords are getting older

As individuals, we’re all getting older – hopefully – but it seems that the general trend amongst landlords is the same. In 2004, the London School of Economics (LSE) conducted a survey. Twelve years later they repeated it and the differences are striking. In 2004, 24 per cent of buy-to-let landlords were aged 55 or […]

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Top Marks for Student Lettings?

Renting to students was traditionally seen as a no go area for many landlords.  Students were often viewed by many landlords as a high-risk tenant with the potential to cause trouble.  However, the steady growth in the student buy-to-let sector over recent years has many landlords reassessing this situation.  Student numbers are at an all […]

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Void Periods: how you can avoid them.

Void periods are inevitable.  A void period when your property is unoccupied with no rental income will happen to most landlords during the lifetime of their investment.  Yet excessive or lengthy void periods can significantly impact the viability of your investment.  Many property experts agree that landlords should never take for granted that their property […]

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Another stamp on the buy-to-let market?

So has the market spoken? The recent buy-to-let market’s dramatic rise and fall with the introduction of new stamp duty rates for landlords certainly indicates it has. Whilst we are just getting our heads around the impending new tax arrangements, aspiring landlords or those seeking to increase their portfolio will now have to contend with […]

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Finding your perfect buy to let property

At LegalforLandlords, we’re just as happy to work with new landlords who have a single property to rent as we are with experienced landlords with big portfolios. If you’re just dipping your toe in the waters of buy to let, though, you may be wondering where to start. Choosing your own home is one thing, […]

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Eviction court fees increase without notice

Landlords who have to apply to the county court to evict a tenant who won’t leave their property have to pay court fees for the privilege. Those court fees have recently been increased by 25% without notice. And yes, unfortunately the implementation is instant. We’ve reported recently on the quickest way to evict a tenant […]

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This is why you’ll never be able to afford to buy a property

  The average UK income hasn’t been rising at the same rate as the cost of rent for tenants that want to buy their first property, and the gap between those two figures has reached its highest point so far since the recession. New day = new data. The Office of National Statistics and the […]

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