Waterside properties for sale
Reeds Rains - Reeds Rains Property Blog
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2y ago
This delighful family home backs onto the river River Brede from the south facing garden decking [featured_property_1] Wow, the sea views from the clifftop position of this property are spectacular [featured_property_2] This luxury apartment offers panoramic marina views [featured_property_3] Sit back with a glass of wine from the south facing balcony and take in the river views [featured_property_4] This appropriately named development of 12 bungalows is called 'Sea Gate View' and we can see why [featured_property_5] For holiday use only this stunning log home offers full fishing rights ..read more
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How to ensure your HMO tenants stay safe during COVID-19
Reeds Rains - Reeds Rains Property Blog
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2y ago
With most occupants of multi-lets being separate ‘households’, but renting in such a way that they share communal facilities, the rules and guidelines on how many people can mix indoors during the pandemic can become a little confusing. As such, the most responsible thing for you to do as a landlord is encourage your tenants to err on the side of caution and provide them with as much help to do that as you can. Given that we’ve been in this pandemic for some time now, you may already have all the following in place. However, do remember that you should be running through the rules and bes ..read more
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How to spend less on maintaining your rental property
Reeds Rains - Reeds Rains Property Blog
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2y ago
As with so much in life, ‘prevention is the best cure’ when it comes to your buy to let property. That means ensuring the fabric of the building is in a good state of repair before it’s let and then having an ongoing maintenance schedule that should help avoid any serious and costly issues. So, the first thing it’s highly advisable to do – unless you’re investing in a new build with warranties – is to instruct your own independent survey. Remember that the valuation that’s carried out in relation to a buy to let mortgage is simply to protect the lender and can be as basic as a surveyor simply ..read more
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Top 5 things for landlords to know about the Government's new mediation initiative
Reeds Rains - Reeds Rains Property Blog
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2y ago
In February this year, as part of their pledge to improve the possession process and provide support in response to the pandemic, the Government set up a new mediation pilot for landlords and tenants in England and Wales. The aim is to help both parties reach an agreement without the need for a formal court hearing. Here are five key things to know about it: You can access it as long as you’ve already begun a possession claim to evict your tenant Once a review date has been scheduled by the court, your tenant will have access to free legal advice from the Housing Possession Court Duty Scheme ..read more
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How to ensure your property delivers on your pension
Reeds Rains - Reeds Rains Property Blog
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2y ago
Many landlords invest in Buy to Let with a view to supplementing their pension in later life. And the beauty of property as an investment is that it can deliver competitive financial returns on two fronts: monthly income from rental profits and lump-sum capital returns from either equity release or selling. In order to maximise those returns, you need to keep rental income as high as possible while minimising costs, and also look after the condition of the property to protect its capital value. At the same time, you need to keep an eye on your levels of profit, capital growth and returns so yo ..read more
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Jargon Buster - A-Z of Buy to Let for landlords (K&L)
Reeds Rains - Reeds Rains Property Blog
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2y ago
Through 2021, we’re taking you through the alphabet of property-related terms, explaining what they are and how they’re relevant to you, as a landlord. This month: ‘Kerb appeal’ This term refers to how attractive your property looks from the street – does it create a good first impression from the outside? While it’s most often used in relation to selling properties, the first impression just as important when it comes to letting. If you want to attract the best tenants and get the highest possible market rent, you’ve got to offer a property that is obviously well cared-for. Ensuring the prope ..read more
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Jargon Buster - A-Z of Buy to Let for landlords (I&J)
Reeds Rains - Reeds Rains Property Blog
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2y ago
Through 2021, we’re taking you through the alphabet of property-related terms, explaining what they are and how they’re relevant to you, as a landlord. This month: Inventory This is a document containing all the information and evidence regarding the contents and condition of a property. It is routinely taken at the start and end of a tenancy and protects both the tenant and the landlord against any confusion or disagreement about wear and tear, damage or theft that may have occurred during the tenancy. Ideally, the inventory should be carried out by an independent professional, who can prepar ..read more
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Jargon Buster - A-Z of Buy to Let for landlords (G&H)
Reeds Rains - Reeds Rains Property Blog
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2y ago
Through 2021, we’re taking you through the alphabet of property-related terms, explaining what they are and how they’re relevant to you, as a landlord. This month: Gearing Gearing (also referred to as leverage) involves borrowing a proportion of the money needed to buy an asset, so you’re not funding it all yourself. When you take out a buy to let mortgage, you’re ‘gearing’ your investment. While many people quite simply couldn’t afford to buy a property without a mortgage, the concept of gearing is more about using borrowing to generate a better return on your capital. For example: You buy a ..read more
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Time to look at Stamp Duty - and the savings still available
Reeds Rains - Reeds Rains Property Blog
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2y ago
The stamp duty holiday has helped many save money when buying property and even now, despite the initial holiday ending, there remains some potential stamp duty savings to be had. Reeds Rains provides further information about these. What is the stamp duty holiday? The holiday, announced last July, aimed to stimulate the property market following the first Covid-19 lockdown and led to no stamp duty being payable on properties under the value of £500,000.This was originally due to run until 31 March 2021 and was then extended until 30 June 2021. Are there still stamp duty savings available? Yes ..read more
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Investment opportunities
Reeds Rains - Reeds Rains Property Blog
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2y ago
7% yield potential [featured_property_1] 10 bedrooms,  11 shower/bathrooms and 2 kitchens [featured_property_2] Tenants in situ [featured_property_3] Tenant in situ currently paying £650 pcm [featured_property_4] Development opportunity - 7 bedrooms [featured_property_5] Achieving £700 pcm [featured_property_6] In need of modernisation [featured_property_7] Potential income of approximately £24,000 per annum [featured_property_8] Requires mondernisation throughout [featured_property_9] For sale by Modern Method of Auction [featured_property_10 ..read more
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