Author Archives: DSS Select
Mutant rats. Full office today everyone busy hustling with the common purpose of bringing the ‘money’ in. RJ tying up a few tenants and received two holding deposit. HB invoicing for survey reports and i’ve just got another property ‘under offer’. Good start for the week, BS just arranging the keys for a new property […]
Getting a buy-to-let mortgage has got a whole lot tougher due to new tougher lending criteria. From the 1st January 2017, new regulation from the Bank of England will affect personal and corporate lending. Stress tests to new borrowing will be applied, taking into account future interest rate rises plus stressing more stringent Interest Cover […]
Rising rents in the private rental sector combined with cuts to housing benefits have forced councils to incentivise private landlords to get them on board. Cash payments of up to £5000 are being offered to private landlords to accommodate homeless families. Many councils are now advertising cash incentives, here are some that we came across: […]
London borough of Ealing is the latest council to launch the new licensing scheme. From 1st January all landlords who let homes in the borough must now have a licence. This includes all landlords who rent out houses in multiple occupation (HMO).
1st March 2017 With the increase in homelessness and shortage of council and housing association properties it must be time to stop the freeze on LHA rates.
First appointment Harrow Weald to view a 2-bedroom first floor flat for sale. It’s on the market at £419,950. Had a quick look on Zoopla, suspicions confirmed its seems overpriced for what it is. The back ground is, it’s been on the market for 2 months and hardly any viewings let alone offers. Will discuss […]
As the government starts its program of tax rises on landlords. It’sWe have had a chance to look at it and those in the industry including us believe its effects will include rent rises of between 20% – 30%, shrinking of the buy to let market and reduction of affordable housing.
Paying a deposit is part of the process of renting a property. It can be anything from £500 to 3 months rent but in most cases it is one months rent. This a sizeable sum for many people who have probably saved up over a period of time or in some cases borrowed off family […]
Colour of her curtains The sun is shining it’s a good start to the day, hopefully the the day follows suit 🙂 Running a bit late but no immediate appointments. It will give me a chance to do some banking and catch up with some paperwork. Reminds me, have to speak to Mrs. T. today, […]
Three properties, three families and minimum deposit Just recently we secured 3 properties on the same road in London NW10 for 3 families. You might be saying there’s nothing unusual about that. But what we did next not just showed our commitment to our clients but our experience in this market. We negotiated with the […]
