IMPORTANT NEWS: Local Housing Allowance (LHA) have risen with effect from April 2024

IMPORTANT NEWS: Local Housing Allowance (LHA) have risen with effect from April 2024

Local Housing Allowance (LHA) which determines the maximum financial support available for renters in the private rented sector hasbeen increased after a full review by the Chancellor of LHA rates*.What does this mean to landlords?This is good news if you rent your properties to a local authority or totenant who are in receipt of either…

What’s in it for me? Why become a landlord?

What’s in it for me? Why become a landlord?

On paper it seems like a no-brainer. Get a property, rent it out, earn an income, job done. Sounds so simple, doesn’t it? But becoming a landlord is something that requires thought and evaluation and should be given careful consideration before you start collating your rental portfolio. Is there a market for rental properties? Let’s…

What are average rental yields on HMO properties?

What are average rental yields on HMO properties?

We are often asked the above question as it can be the main motivation for investing in a House in Multiple Occupations (HMO). Because of this, we’ve outlined some explanations, considerations and information on rental yields and their role in the current HMO (UK) rental market.* What are rental yields, and why they are important…

The Spring Budget – what does this mean to the property world?

The Spring Budget – what does this mean to the property world?

Jeremy Hunt’s Spring Budget 2024 was anticipated by many, but perhaps none more so than those property developers and landlords amongst us who were eager to see what was contained in his red briefcase and what, if any, would be the implications of his proposals. Is it all doom and gloom? We have reviewed Hunt’s…