Good news for landlords with buy-to-let mortgages – but strike while the iron is hot! Money comparison website ‘Moneyfactscompare.co.uk’ has reported the lowest buy-to-let mortgage rates since September 2022 on both 2- and 5- year fixed term deals. The cost of a 2- year fixed rate buy-to-let dropped to 5.49% in February 2024 with the […]
Alfie’s Blog
Good news for Landlords?
As the debate around the Renters (Reform) Bill rages on, the BBC has reported that a series of draft amendments to the bill have been shared with a group of Tory MPs, many of which are rumoured to be landlords themselves. The Renters (Reform) Bill, which had its second parliamentary hearing in October 2023, aims […]
Navigating HMRC Obligations for Buy-to-Let Landlords in the UK
Understanding your obligations to HMRC (Her Majesty’s Revenue and Customs) is crucial for a smooth and compliant property management experience. Whether you’re running a fully-fledged property management business or simply renting out a single property, here’s a guide to help you navigate the HMRC requirements. Buy-to-Let as a Business If managing properties is your main […]
What is Right to Rent?
What is Right to Rent and how does it affect you as a landlord? The Right to Rent regulation was brought in by the Immigration Act 2014. It requires that all landlords with privately rented properties in England confirm that tenants renting their properties are legally permitted to live in the UK. Failure to comply […]
How to Handle Non-Payment of Rent: A Guide for Landlords
As a landlord, one of the biggest concerns is rental default, especially during times of economic strain like the current cost-of-living crisis. The rise in non-payment of rent can be alarming, but there are proactive measures you can take to minimise this risk. We provide advice on what to do when tenant stops paying rent […]
New Year, New or No Agent.
As we all take the start of a New Year to review our finances, you may want look at your agency fees and decide if you still feel you are getting value for money from your agent. What may have seemed like a good deal at the time may no longer sit comfortably within your […]
2024 – The Year Ahead – Advice for landlords
As a landlord in 2024, there are several key factors to be aware of that will influence your rental property business. Here are five crucial aspects to consider, along with some advice for landlords: 1. Impact of the General Election The forthcoming general election will have significant implications for the rental market. Key points to […]
How to manage your rental property if your tenants are on holiday?
Many people use the Christmas holidays as a time to get away, to visit friends and family or even travel abroad in search of a white Christmas. If you manage your own rental property, here are some simple tips that you can share with your tenants to ensure the safety and security of your property (and […]
The Renters Reform Bill – in a nutshell
The journey of the Renters Reform Bill has been a lengthy one since its initial announcement by Theresa May’s Government in April 2019, culminating in the publication of the whitepaper in June 2022. Despite its progression, the bill is far from being set in stone, undergoing a rigorous process before potentially becoming law. In October […]
Attract Quality Tenants: Tips for Enhancing Your Property’s Appeal
In the competitive rental market, maintaining the standard of your rental property is crucial to attract the best tenant at an optimal rent. With nearly 50% of tenants experiencing rent increases in the past year, it’s no surprise they demand quality, energy-efficient properties. Ensuring your property stands out can significantly enhance your chances of attracting […]