Ladybird Living – Your London Estate Agent
15
Jul 2024
Following the UK General Election, Labour has taken leadership of the UK Government, bringing new key positions, including the Secretary of State and Minister for the Department of Levelling Up, Housing and Communities. Letting agents should stay informed about the party's immediate and future housing priorities.
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05
Jul 2024
Back Political Party Promises for Key Policy Areas According to Letting Agents Landlords and lettings agents believe that house-building policies are important when determining who to vote for. Here’s a summary of what each political party promises in critical areas such as cost of living, the NHS, and taxes. Key Policy Areas for Letting Agents… Continue reading Political Party Promises for Key Policy Areas According to Letting Agents
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03
Apr 2024
As of April 2nd, 2024, the new tax year commences, bringing forth alterations in the VAT threshold and Capital Gains Tax. Here's what landlords and letting agents should be aware of.
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03
Nov 2023
The data indicates that there has been minimal change in recent months; rents remain steep, and available rental properties are scarce. According to the "State of the Lettings Industry 2023" report from Goodlord and Vouch, 76% of tenants have encountered challenges in securing a rental property. Considering this, what emerging patterns can be observed?
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04
Sep 2023
The August Rental Index by Goodlord revealed that the cost of rent is up 10% year-on-year. The summer season is the busiest time with tenants continuing to face soaring prices during this season. Void periods in August continued to remain much lower than year to date averages.
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25
Jul 2023
Tenants on salaries of £25,000 per year or more are being asked to provide a guarantor to secure a rental property. This was according to data by Goodlord which looked at tenancies between January 2020 and June 2023. This is due to high demand, lack of supply and inflation increasing rental prices.
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15
May 2023
Back Base rate increased to 4.5% – How will it affect property owners? The base rate has increased from 4.25% to 4.5%. The base rate is important because it impacts mortgage interest payments for property owners. A higher base rate means that property owners must pay more to cover interest rate costs. The impact… Continue reading Base rate increased to 4.5% – How will it affect property owners?
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