When you own a rental property, maintenance is an ongoing task which needs to be carefully considered. Your property needs to be kept in good condition and any problems need to be fixed as swiftly as possible to ensure your tenants stay comfortable and that your property does not fall into serious disrepair. Continue reading
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Refurbished properties set to sell for a profit
Two formerly derelict properties in the London Borough of Southwark have been renovated and now look set to sell for more than £3 million each. The ex-council houses were purchased in 2013 and have undergone 18 months of refurbishments and alterations, including the addition of new conservatories. Continue reading
Why you should entrust management to us
As property management specialists with many years of experience, we are trusted by many clients to take care of their property investments. A property is a huge financial asset which means you need to make sure it is well looked after, and by using our professional management services, you can rest assured that you’ll receive the highest quality service. Here are some of the reasons why you should choose Finefair for property management. Continue reading
Changes to the Wear and Tear Allowance
One of the trickiest aspects of letting a furnished property is deciding what levels of wear and tear are acceptable. Naturally, when furnishings and appliances are used every day they will start to get worn and will eventually need replacing. However, it can be tough to decide how much wear is allowed and when it will be deemed as excessive. Landlords need to take care with this, especially if you are going to bill tenants for damages. Continue reading
Tenants prefer a professionally managed property
When it comes to letting a property, one of the most important factors to consider is how you will attract suitable tenants. One of the most effective ways to do this is to make sure the property is in good condition. A clean, attractive, high quality, newly refurbished property is more likely to appeal to reliable tenants, and will also increase the chances that they will look after the property and take pride in keeping it in good condition throughout their tenancy. Continue reading
Using buy to let investment to build a nest egg
Providing for our children becomes our primary concern from the minute they are born. We want to ensure that they will be protected financially if anything happens to us, and many of us build a fund over the years to finance their further education, first car or first home. The substantial growth of the buy to let market in recent years has presented lucrative opportunities to new investors, and many people have embraced property investments as a way to earn an income, save money and provide their children with a tangible asset. Continue reading
Build to Rent scheme will produce homes for the nation’s renters
As the UK sits on the edge of a rental revolution, a new report has stated that the secret to success in the rental market comes down to well designed and structured properties. As £30 billion has been earmarked by the government to build rental homes, developers are being urged to avoid traditional layout when it comes to the design and construction of properties. Continue reading
Reasons to opt for council leasing
Council leasing is essentially choosing to hand over responsibility for property management and tenants to the local council, allowing them to use your property as a home for people on the housing register. There are various reasons why a property owner may choose to go down this route. Continue reading
An interesting planning battle in Kensington
Property development is very popular in London as people look to maximise the value of their properties. Most of these projects will successfully add value to an investment, but others encounter difficulties, often due to improper preparation or overlooking important details. One developer found this out recently. Continue reading
The Kensington lifestyle attracts large amounts of renters
A large proportion of the country wants to live in London. From students to families to professionals of all ages, there is a consistent demand for accommodation in the capital city. As the number of renters in London continues to rise, investors, developers and landlords are benefiting from ample opportunity to secure attractive incomes and maximum returns on their investments. Continue reading
