As a London landlord, we know that you are extremely busy, particularly if you own multiple portfolios. This means you need to explore every possible opportunity to save time, and the best way to do so is to engage the services of a professional, skilled and talented team of property specialists. At Finefair, we are dedicated to saving our clients time and stress by providing a fully supportive service that covers all their requirements. Continue reading
Author Archives: admin
Ensuring landlords have their tax affairs in order
Just over two years ago, HMRC implemented their Let Property Campaign which was designed to help residential landlords organise their tax affairs and giving them an opportunity to voluntarily disclose tax on previously undeclared income. According to the latest emerging figures, it seems that the venture was a success, bringing in more than £50 million in unpaid tax from over 10,000 landlords. HMRC have launched several of these campaigns in the past targeted at various different sectors, but this has been one of the most effective. Continue reading
Flatsharing is no longer just for students
For many years in the UK, there was a general view that people lived in rented accommodation because they had to. Phrases such as “rent is just dead money” were widely used, and renting seemed to be reserved for young people who were not ready to commit to property investment and undecided about where they wanted to permanently live. Continue reading
A rising demand for rented homes
New figures from the National Landlords Association (NLA) demonstrate that the demand for private rented homes remains strong. 40% of landlords across the UK have reported an increase in demand in their local areas, showing that there are plenty of opportunities for investors to attract tenants and make a healthy return on their investment through rent payments. Continue reading
America’s Build to Rent gains momentum in the UK
There are currently nine million private renters in the UK, and as the market continues to expand we are continuously seeing new developments that aim to improve sector standards and ensure greater transparency. The latest trend to become popular is the build-to-rent concept that originated in the United States. The project has the potential to completely transform the private rental sector into a booming service industry. Continue reading
Working out realistic rent prices
One of the most important considerations for any landlord is deciding how much rent to charge their tenants. Many landlords make the mistake of charging unrealistically high prices, which can really limit your market and mean your property will stay vacant for longer than it needs to be, resulting in lost income for you. On the other hand, undervaluing your property will also mean that you lose out. It is important to strike the right balance to ensure that you can make a healthy profit while still attracting tenants. Continue reading
London properties with unique characteristics
London has one of the most unique property markets in the world. With an amazing array of different housing stock, including properties from a variety of historic periods, there are endless choices when it comes to making a property investment in the capital. From family homes to luxury apartments to unusual and quirky properties, there is something to suit every investor. Continue reading
The impact of living close to prime markets
The “next door effect” has been felt in London for a number of years. The term is used in reference to the fact that the areas in close proximity to prime markets can see rising prices because of their neighbours. This occurs as people look for more cost effective opportunities whilst still being close to the luxuries offered in prestigious locations. It can also be a response to a lack of supply. Continue reading
Avoid the hassle of unpaid rent
Unpaid rent is one of the biggest challenges that a landlord can face. Ultimately, the main purpose of owning a buy to let property is to make money from your tenants’ rent payments, so if they are unable or unwilling to pay you can be left without an important source of income. This can happen for many reasons, from a tenant losing their job unexpectedly to unscrupulous tenants absconding without paying their rent. Whatever the reason, this is something you definitely want to avoid. Continue reading
Taking steps to reduce homelessness in Barnet
Earlier this month, there was a detailed discussion by Barnet Council’s Housing Committee on the topic of providing sufficient affordable housing in the borough over the next decade, reducing homelessness, and ensuring that tenants have access to high quality homes. The aim was to work out practical strategies to address these issues and to clarify their main housing priorities for the next few years. Continue reading
