National Park properties still command a price premium

Many home owners in the UK are still searching for a property in an idyllic green setting, according to new research. The average sale price for a detached house within a National Park or Area of Outstanding Natural Beauty (AONBs) is £450,000, analysis from Savills has revealed. On the other hand, the value of a … Continue reading “National Park properties still command a price premium”

How to deal with items left behind at the end of a tenancy

Sometimes tenants leave behind possessions at the end of a tenancy, or when they abandon the premises. As a landlord, this can put you in a difficult position, whilst the temptation might be to get rid of all items instantly, tenants may later claim that they are irreplaceable or were of high sentimental value, so … Continue reading “How to deal with items left behind at the end of a tenancy”

Landlords – watch out for these buy-to-let tax traps!

Stamp duty It is important to remember that the stamp duty system was reformed in December last year to make it more similar to the way income tax works. Under the new system, rather than paying a percentage of the total property price, you will pay different rates for different bands. For example, you won’t … Continue reading “Landlords – watch out for these buy-to-let tax traps!”

Landlords warned to protect themselves as cases of fraud up by 25%

Cases of reported fraud increased by over 25% last year with men in their mid-40s most vulnerable, according to the UK’s fraud prevention service. A total of 276,933 frauds were recorded last year – that’s 758 frauds every day or 31 every hour. This figure is up from 221,075 in 2013, with 23% of fraud … Continue reading “Landlords warned to protect themselves as cases of fraud up by 25%”