If you are an investor in possession of a buy to let property, you may be able to receive a cash incentive of up to £1000 when you choose to lease your property to Hounslow Council. This initiative is intended to encourage landlords to take part in council leasing and give them the confidence that their property will be well looked after, while simultaneously giving more options to local people who are living in temporary accommodation in the borough. The exact amount you receive will depend on various different factors, including the type and size of property and how many bedrooms it has. Continue reading →

The third quarter of 2015 has seen the availability of buy to let mortgages leap dramatically, with UK landlords now enjoying the widest choice of options on record. The market has seen almost 1,000 buy to let mortgages become available which is a rise of 11% since the previous quarter. Continue reading →

Under the Deregulation Act 2015, changes have been brought into force that significantly affect private residential landlords. The changes are a direct response to the rapidly growing rental sector and the inherent need for professional practice. The new regulations will impact whether or not a landlord can serve a Section 21 eviction notice on an assured shorthold tenancy. Continue reading →

The new index from Landbay Rental has revealed the fastest rising rents in London to be those that apply to three bedroomed properties. The index is the first to track rental trends to the county and London borough level in combination with the number of bedrooms. London has seen a 4.6% year on year growth in August, compared to a 3.3% rise on all properties nationwide. Continue reading →

Brent is a borough in North West London most famous for being the home of Wembley. It is currently undergoing a huge transformation with several regeneration projects taking place. This work has increased the popularity of the area and attracted more people to it. The result is that it has one of the largest populations of any London borough and there is high demand for housing. Continue reading →

With an improving jobs marker and lower mortgage rates, the demand from prospective property buyers is rising. As a result of this, it has been predicted by the Royal Institute of Chartered Surveyors that house prices in the UK will be 6% higher at the end of 2015 than they were at the beginning of the year. Continue reading →

As living space is at a premium in London, particularly in highly sought after areas such as Islington, basement extensions have become extremely popular in recent years. This essentially involves expanding and improving a property’s basement to create more underground living space, and is a tactic which many developers use on properties where traditional extensions would be impossible due to a lack of room. Continue reading →

Recent surveys of the renters and buyers market show that the desire for superfast broadband has become increasingly important to people when looking for new properties. The majority of people used to rank a new kitchen or bathroom highest on their list of preferences, but although these are still important, in the digital age it has become crucial to find property in areas with guaranteed superfast broadband. Continue reading →

Private rental prices paid by tenants in the UK increased by 2.5% in the 12 months leading up to June 2015. Rental amounts increased in every region across the country, but London saw the highest rise. Rental prices overall have been climbing steadily since 2012, and the projected rental market shows no indication of slowing down. Consumer demand is undoubtedly the strongest factor driving the rising rental rates, as more and more people find renting to be more conducive to their lifestyles. Continue reading →

This month has seen yet another record breaking property sale take place in London. An ex-local authority flat which was purchased from Westminster Council in 1990 for £130,000 has recently been sold for £1.2 million – this has provided the owners with a return of over 800% on their initial investment. This is a new record for a former council flat. Continue reading →