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1083 articles
Pensions versus property: what is the best investment?
The founder of an online lettings agency, Upad, has claimed that he does not have a pension fund. James Davis has instead chosen to invest in 20 buy to let properties, and like many property investors, he is certain that this will fund his retirement. Mr Davis explains that should property prices continue rising over […]
What Next For The Tenant Fee Ban?
Those in the lettings sector will be well aware of the imminent ban on tenant fees but who is ready for the changes? The Act has made its journey through parliament, and will be implemented in England from 1st June, 2019. This means that now is the time for letting agents to finalise preparations for […]
Lettings Industry Faces More Regulation
The residential lettings industry in Britain is set to face even more reform after a new regulatory framework is to be set up. Heather Wheeler MP, the Housing Minister, announced at last months ARLA (Association of Residential Letting Agents) conference that more changes will be made to the lettings sector. This will follow the Tenant Fees Bill which will […]
How AI could impact the lettings sector
AI (Artificial Intelligence) is taking an increasingly larger role in our everyday lives, from drones and driverless cars to Apple’s Siri and Amazon’s Alexa. Therefore, it comes as no great surprise that the lettings sector is slowly adopting this new technology. Proptech is quickly gathering traction within the lettings sector. An investment management and professional […]
The top five problems proptech is solving
Proptech has the potential to revolutionise the property sector. Technology continues to be introduced on a large-scale in the lettings sector, and according to a recent report, capital investment within the sector grew in 2017 to almost $12.6 billion. Proptech shows no signs of slowing its progress, and now is the perfect time to choose […]
What is next for the tenant fee ban?
Those in the lettings sector will be aware of the upcoming ban on tenant fees. The Act has made its journey through parliament, and will be implemented in England from 1st June, 2019. This means that now is the time for letting agents to prepare for the new legislation. Agents must now be forward thinking […]
InventoryBase Academy launch Fitness for Human Habitation guidance for lettings professionals
Following the Homes (Fitness for Human Habitation) Act 2018 coming into force, InventoryBase Academy now enable clerks and letting agents to understand the parameters of the new law. As of 20th March 2019, the Homes (Fitness for Human Habitation) Act came into force across the country. The act was designed to ensure all rented accommodation […]
Inventory Reports – Why Looks Matter
We spend a lot of time looking at the content of an inventory report in our training course; Learn How To Produce Professional Property Reports however how the report ‘looks’ is just as important. Why? Because if the report appears disordered, if the information has not been checked for spelling and grammar or certain information appears missing […]
Inventory Reports – The Measure of Value
We live in an age where everything is on demand meaning inventory providers have had to react to that demand with a greater flexibility in their availability which often includes all weekend working, late night and early morning report requests. In some respects this is nothing new; other supplier industries to the property sector such […]
Zoopla to begin refusing ‘No DSS’ adverts
Zoopla, a leading property portal website, is to begin refusing advertisements for property lettings which contain instructions from landlords that include ‘No DSS’ or any other block for tenants who receive housing benefit. Zoopla announced it will prohibit landlords from posting adverts which state ‘No DSS’, which is a commonly used term that refers to […]
Right to Rent labelled a farce by RLA
Right to Rent labelled a farce by RLA. A new legal case has brought the already controversial scheme for Right to Rent into further disrepute. Last month, an existing High Court judgement ruled that the scheme was unlawful on grounds of discrimination. The High Court ruled on 1st March that the scheme had breached human […]
New rules to protect tenants’ money announced
All letting agents for privately rented homes will be required to register with a mandatory government-backed scheme which aims to protect landlord and tenant money, as part of a new law announced earlier this month. With a deadline of 1st April 2019, all letting agents in England must sign up to a protection scheme as […]
Labour government would promise indefinite tenancies
The Labour Party has changed its approach to the rental sector, from previously promising mandatory tenancies of three years and rent controls, to going even further and committing to delivering indefinite tenancies. These plans follow the German example for residential PRS (private rented sector) tenancies in England. John Healey, Labour’s Shadow Housing Secretary, has pledged […]
US firm invests £100m in build to rent in the UK
US based firm, Viventi Capital Management, has provided a considerable boost to the UK government’s build to rent development strategy, with an initial investment of £100m. The organisation has appointed FirstPort, a property management group based in Hampshire, as its BTR (build to rent) UK partner. FirstPort is one of the most experienced property management […]
Economy in North West booms despite Brexit
Manchester-based international property consultants CBRE, have reported that 2018 became a record-breaking year for property deals within the city, with the organisation advising clients on more than £1.5bn worth of commercial property investment transactions. Over 40 large scale individual transactions were completed by the company’s team based in Manchester, covering a wide range of property […]
Professional property inventories can assist in complaints resolution
The government has announced plans to reform the redress available to tenants and private landlords, by introducing the Housing Complaints Resolution Service. It has been argued that companies which specialise in rental inventories can greatly assist landlords and tenants in compliance with schemes such as this, with tenancies supported by inventory reporting. In January 2019, […]
The Image of Inventory Clerks
You hear often about how letting and estate agents are portrayed by landlords and tenants, new laws banning tenant fees and numerous legislations introduced to impose limitations and better trading practices on agents and inventory clerks. Some comments and outcomes may indeed be justified because of the bad practices followed by the very few in […]
Britain’s property market remains attractive for buy to let investors despite Brexit
Many international and national HNWIs (High Net Worth Individuals) who are current investors in Britain’s property market are planning to add to their portfolios despite Brexit, according to new research. A survey conducted of HNWIs, who were defined as earning over £100,000 each year, located in South Africa, Hong Kong, Dubai and the UK, discovered […]
Chancellor Philip Hammond urged to rejuvenate private rented sector for landlords
Investor landlords believe that the Spring Statement, released earlier this month, provides an opportunity for the Chancellor, Philip Hammond, to bolster activity within the buy to let sector, which has remained slow, due primarily to the last Chancellor’s tax changes. Regulatory and tax changes have hit the profits of landlords considerably during the last few […]
InventoryBase to present their market leading software to industry professionals at the annual ARLA Exhibition.
InventoryBase will be at the ARLA Conference & Exhibition at the London ExCeL, Tuesday 2nd April. The ARLA Conference and Exhibition will arrive at London’s ExCeL next week, being one of the biggest dates in the letting industry’s annual diary. InventoryBase will be exhibiting at the event, giving property professionals the opportunity to try out […]
The only viable option for many prospective buyers is house sharing
Affordability for buying homes is a serious issue, particularly within London, which puts those wishing to purchase their first property under a significant amount of pressure. This leaves many prospective buyers facing tough decisions that go beyond cutting back on the luxuries in life, while trying to gather a deposit. Affordability constraints and high property […]
Introducing ‘How To’ Property Information Video
Take a sneak peak at our intro video As part of our course Learn How To Produce Professional Property Reports we have produced our first series of videos on ‘how to complete a report’ on a new 2 bedroom flat. The video’s look at each room individually; walking you through the reporting process, providing descriptions with condition […]
Pilot scheme launched to increase energy efficiency of rental properties
The quality scheme endorsed by the UK government, TrustMark, has launched a new pilot scheme, in association with East Sussex Trading Standards, to improve standards of energy efficiency of rental properties. The initiative, titled the Better Homes for Hastings scheme, was launched this month at an event at Sussex Coast College, Hastings. Hastings Borough Council […]
Lending for buy to let mortgages slumps as landlords discouraged by tax changes
New data from UK Finance has shown that activity for buy to let mortgages continued to remain stagnant in December 2018, with investor landlords taking out only 5,100 new mortgages for buy to let home purchases. This is a reduction of 5.6 per cent from December 2017. According to data provided by the organisation, the […]
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