News Archive for September 2021

Furlough Ends

What has been a life saving resource to both employers and employees during the COVID-19 pandemic will now come to an end. September marks the last month of the Furlough scheme supporting over 11.6 million over its duration, with 1.6 million people remaining on the scheme at its close.

Written by: Toby Dawson

Energy Crisis

A global surge in demand for gas after a cold winter leaves gas storage depleted, countries are scrambling to replenish stock before the return of colder temperatures resulting in a rising of market prices. With 50% of UK’s electricity coming from gas-fired power plants and fire forcing the closure of important power cables importing electricity from France, there is a large cause of concern of a wide effect on the UK.

Written by: Toby Dawson

Rental Income Tax Raise

The health and social care tax rise was passed in the House of Commons, with the MP’s voting 319 to 248 in favour of a 1.25% increase to national insurance. This affects employees, employers and the self employed allowing a gap for those Landlords who take rental income directly.

Written by: Toby Dawson

Valuations

We would be happy to value your property without obligation or charge. Our knowledgeable & experienced team will provide you with an honest & accurate market appraisal of your property based on market trends. We can also offer advice on current legislation and how best to present your property to prospective tenants & purchasers.

Specialist Marketing

Good marketing begins with appealing images, an accurate floorplan and an appropriate description with supporting information. In order to ensure full exposure, as well as on our own web site, we advertise on the major property portals, social media and other selected mediums. Once we have these solid foundations, our talented and experienced sales team takes over!.

Property Management

We offer a very polished and thorough management service. We are able to deal with all aspects of the day to day running of your tenancy on your behalf and are able to advise on contractual and legislative matters in what has become an increasingly complex contractual and legislative environment.

Project Management, Design & Build

We offer a complete service and are able to deal with all aspects of your refurbishment and/or build including; architectural services, planning applications, building control, general contractors, specialised contractors, finishes and management.

Fees

TENANT FEES - NEW ASSURED SHORTHOLD TENANCIES (AST's) SIGNED ON OR AFTER 1 JUNE 2019

Holding Deposit - One week's rent, apportioned to first month's rent

Security Deposit - Five weeks rent if rent per annum below £50,000, six weeks rent if above £50,000

Unpaid Rent - Interest at 3% above the Bank of England Base Rate. Interest will not be applied until the rent is 14 days in arrears.

Lost Keys -  Tenants are liable for the cost of replacing any lost keys and/or security device including the costs of replacing any locks and/or security device if required. 

Changes to the tenancy agreement (Tenant's Request) - £50 inc. VAT (or reasonable costs if higher). 

Early Surrender of tenancy (Tenant's Request) - Should a tenant require an early surrender of their tenancy and should the landlord agree, the tenant will remain liable for the rent due under the tenancy until the date a new tenant takes up occupation of the property. The tenant will be required to cover the landlord's costs in connection with the  surrender of the tenancy and the re-letting the property