The Health and Safety Executive has recently updated legislation regarding the control of Legionnaires’ disease. For the first time, landlords of residential accommodation now have responsibilities for combating the spread of this potentially fatal illness.
We know there’s nothing more frustrating than having an empty property. That's why we’re laying down the gauntlet to all landlords. To help you avoid a void, we are committing to find you a tenant within 7 days, or it’s on the house! So landlords pay no fees. Nothing at all. En rien. Nada. Zip. So, how does that sound? If you would like to find out more, take us up on our challenge or just talk to us about how we manage property lettings, why not get in touch today? The sooner you do, the sooner your property could be earning you an income.
The party conference season is out of the way and politicians of all persuasions are now gearing up for next year’s general election with a raft of incentives and proposals to appeal to Britain’s long-suffering savers and taxpayers. From new rules for Individual Savings Accounts (ISAs) to increased flexibility for pensions and the traditional pre-election battleground of Inheritance Tax (IHT).
At the time of writing, property prices are up 12% over the last 12 months, according to the ONS House Price Index. Data released by Mortgage Advice Bureau (MAB), shows that homeowners have greatly benefited from improving housing equity, with those seeking to remortgage having 26% more equity when compared to 12 months ago. Remortgage applications also rose by 17% since September, suggesting equity gains are prompting more homeowners to seek a better mortgage deal.
In the last month or so the main problem with mortgage applications has not been the client meeting new criteria but instead it’s been a case of the proposed property falling foul of the valuer. Valuers are having trouble confirming the recent increases in house values & have been “prudent” with their figures. We have seen surveyors’ down-value a property by up to £40000 on a £220000 property. We have made an application on a £420000 property and had one surveying company down-value to £360000 and another state the value as £410000. In another instance, a property we thought was greatly over-valued for remortgage purposes went straight through without question.


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