Maintaining Harmony: Landlord Requirements and Responsibilities in Nottingham’s Rental Market
Walton And Allen | Estate Agents Nottingham | Sales & Lettings
by Walton & Allen
8M ago
As a landlord, it’s essential to understand your responsibilities. Not only do these requirements ensure the safety and wellbeing of your tenants, but they also protect you from potential legal issues. Here are the key responsibilities you need to be aware of when letting a property in Nottingham. Property Maintenance: Landlords are responsible for maintaining the property’s structure and exterior, as well as the systems for supplying water, gas, and electricity. This includes making necessary repairs to the heating and hot water systems, drains, and toilets. Safety Regulations: Landlords must ..read more
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The Future is Here: Up-and-Coming Areas in Nottingham’s Property Market
Walton And Allen | Estate Agents Nottingham | Sales & Lettings
by Walton & Allen
8M ago
Nottingham’s property market has been attracting investors from across the UK, thanks to its strong yields and potential for capital growth. However, as the city evolves, so do the areas that are considered hotspots for investment. Here are some of the up-and-coming areas in Nottingham’s property market. Sneinton is an area on the rise, thanks in part to the ongoing regeneration of the nearby Eastside area. With new businesses, residential developments, and improved transport links, Sneinton is becoming increasingly attractive to both renters and investors. The Meadows, located just south of t ..read more
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Mastering the Landlord Game: Essential Advice for Nottingham’s Property Owners
Walton And Allen | Estate Agents Nottingham | Sales & Lettings
by Walton & Allen
8M ago
Being a landlord involves more than just collecting rent. It requires understanding the rental market, maintaining your property, and meeting your responsibilities. Here are some top tips to help you navigate the landlord journey in Nottingham. Understanding Legal Obligations: As a landlord, you have legal responsibilities towards your tenants and your property. This includes ensuring the property is safe, secure, and well-maintained. Familiarising yourself with the UK’s landlord laws, such as the Housing Act 2004, the Landlord and Tenant Act 1985, and the Deregulation Act 2015, is critical. I ..read more
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Profitable Perspectives: Maximising Your Rental Property Income in Nottingham
Walton And Allen | Estate Agents Nottingham | Sales & Lettings
by Walton & Allen
8M ago
Whether you’re a seasoned property investor or a first-time landlord, maximising your rental income is likely to be a top priority. Here are some strategies to increase your rental yield in Nottingham. Regular Property Maintenance: Regular maintenance not only prevents costly repairs down the line but also helps to attract and retain good tenants. A well-maintained property can command higher rents, thereby increasing your rental yield. Periodic Rent Reviews: Regularly reviewing your rental prices ensures that you’re keeping pace with the local market. If property prices and rents in Nottingha ..read more
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What To Consider When Renting Out Property in Nottingham
Walton And Allen | Estate Agents Nottingham | Sales & Lettings
by Walton & Allen
8M ago
Becoming a landlord can be a rewarding investment, but it’s essential to understand the responsibilities that come with renting out a property for the first time. This guide will help first-time landlords navigate the rental market in Nottingham. Understand the Legal Requirements: From ensuring your property is safe and habitable to protecting your tenant’s deposit in a government-approved scheme, landlords have various legal obligations. Researching and understanding these is crucial before you start renting out your property. You will also need to consider whether you require a licence, such ..read more
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Nottingham’s Hidden Gems: The Best Places to Live for Homeowners and Tenants Alike
Walton And Allen | Estate Agents Nottingham | Sales & Lettings
by Walton & Allen
8M ago
In the heart of the East Midlands, Nottingham is a city that combines history, culture, and modern living. It’s no wonder people often ask, “What are the best places to live in Nottingham?” From its bustling city centre to its tranquil suburbs, Nottingham has a wealth of options for both homeowners and tenants. Let’s uncover some of Nottingham’s hidden gems. West Bridgford is one of the most sought-after areas in Nottingham. Known for its excellent schools, recreational facilities, and a vibrant cafe culture, it is an ideal spot for families and young professionals. Furthermore, the scenic vie ..read more
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Is becoming a landlord worth it in Nottingham?
Walton And Allen | Estate Agents Nottingham | Sales & Lettings
by Walton & Allen
9M ago
Nottingham is a great city to invest in property, and becoming a landlord can be a profitable venture. However, there are a number of factors to consider before you take the plunge. The Pros of Being a Landlord in Nottingham High rental yields: Nottingham has some of the highest rental yields in the UK, which means you can earn a good income from your property. According to Provestor, the rental yields in Nottingham can be as high as 6.49% as of 2023, which is pretty high in comparison to other parts of the UK, where it can be as low as 3%. Strong demand: Nottingham is a popular cit ..read more
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Renters Reform Bill: What Landlords Need To Know
Walton And Allen | Estate Agents Nottingham | Sales & Lettings
by Walton & Allen
11M ago
The Renters Reform Bill was introduced to parliament today, and is set to benefit eleven million tenants across England. This once-in-a-generation reform of housing laws will empower renters to challenge poor landlord practices without risk of unjustifiably losing their homes. The new legislation will also make it easier for local councils to act against rogue landlords and promote responsible practices from landlords. The Renters Reform Bill Proposal Ban on Section 21 “no fault” evictions Section 21, which allows landlords to evict tenants without reason, is set to be abolished as proposed in ..read more
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Market update: Twice as many buyers as sellers
Walton And Allen | Estate Agents Nottingham | Sales & Lettings
by James
2y ago
Today Rightmove reported that more than a fifth of homes are being sold within a week of coming onto the market. This comes straight after a report stating property prices have hit another record high. The average asking price of homes newly-listed climbed a further £5,760 to £354,564 in the month to mid-March. This 1.7 per cent rise is the largest at this time of year since 2004. The cause of this is very simple – buyer demand is still outweighing supply. Rightmove have stated that there are now twice as many buyers than sellers in the current market. This is the biggest ever mis-match e ..read more
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Estate Agents Calverton – Free Property Valuations
Walton And Allen | Estate Agents Nottingham | Sales & Lettings
by Walton & Allen
2y ago
Estate Agents Calverton Walton & Allen are estate agents in Calverton and the surrounding areas of Nottinghamshire. We are a local, family run estate agent who always have our clients’ interests at heart. We always aim to get the best possible price for your property, in as little time as possible. Why not book a free property valuation with our estate agents Calverton? Perhaps you also need Calverton mortgage advice? Talk to our local estate agents Nottingham today to arrange a free valuation. Call 0115 9243304 or use the form below. Our Google reviews speak for themselves! Welcome t ..read more
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