Landlords – keep an eye out for hidden Letting Agents fees

Landlords are currently being warned to keep an eye out for lettings agents who are adding numerous hidden fees to their maintenance invoices, without outlining exactly what they are doing. At the moment, many agents are increasing their bills by charging a commission on maintenance work that they book with their property management service. Essentially, this means that letting agents are charging clients a fee for maintaining the property, as well as taking commission from the maintenance companies they use. …

Lack of housing pushing up UK house prices

In the last three months of 2013 up to January 2014, house prices in the UK were 1.9% higher than in the previous three months – according to figures recently released by Halifax. Experts believe that this increase in house prices is because of the lack of supply currently coming onto the market. It is thought that having fewer homes on the market will add upward pressures on the prices. The house prices increased by a total of 1.1% in …

Why is Commercial Property Insurance so important?

If you are a commercial property investor you can have the potential to earn a great long term income over the years, especially if you have a robust tenant who is commercially successful. However, it is very important to protect your commercial investment – not just for your buildings and contents but also for your public liability insurance because people will be coming and going from the property. There are many different options out there when it comes to buying …

What to expect for Buy-to-Let Landlords in 2014

2014 is expected to be a good year for landlords in the UK. Over 50% of landlords expect tenant demand to increase and 40% have reported growth in the last 6 months. Currently, landlords are in a good position to benefit from the strong yields on property. Anyone who is aspiring to be a buy to let investor can be encouraged by the climbing demand in tenants, which will not only signify long term investment opportunity but will also demonstrate …