What can Colchester landlords expect in 2024?
Colchester Property Blog
by Graham
3M ago
There’s no doubt that 2023 was challenging for the private rental sector, but looking ahead, landlords have plenty of reasons to be cheerful. While no one knows precisely what will happen in the year ahead, economists believe interest rates and inflation have peaked, and that the economy will continue to rally.  Here’s an idea of ... Read more The post What can Colchester landlords expect in 2024? appeared first on Colchester Property Blog ..read more
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Surprise as rents drop and voids increase as Autumn sets in and weather cools
Colchester Property Blog
by Graham
5M ago
Rents saw an autumn dip in October, following three months of rapidly escalating prices across England.  According to the PropTech firm Goodlord, the average rent on new tenancies dropped by 11 per cent over the last month. At the same time, voids lengthened by 29% – from 14 days to 18 – another signal that ... Read more The post Surprise as rents drop and voids increase as Autumn sets in and weather cools appeared first on Colchester Property Blog ..read more
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Smoke and Carbon Monoxide Alarm Requirements – Mandatory obligations.
Colchester Property Blog
by Graham
7M ago
What are the requirements for carbon monoxide alarms From 1 October 2022, all properties will be expected to have a CO detector fitted in every room that is: This would include gas boilers, wooden stoves, open fires, etc. The only exception to this is are rooms where the only fuel burning appliance is a gas ... Read more The post Smoke and Carbon Monoxide Alarm Requirements – Mandatory obligations. appeared first on Colchester Property Blog ..read more
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What Insurance Should I Have As A Colchester Landlord ?
Colchester Property Blog
by Graham
10M ago
It Makes Sense To Ensure Adequate Protection Is In Place Landlords in Colchester with Buy To Let mortgages will already have adequate buildings insurance in place. Even those who own outright usually insure their property for its rebuild cost, with cover in place for damage caused by floods, fire, and storms. However, there are other ... Read more The post What Insurance Should I Have As A Colchester Landlord ? appeared first on Colchester Property Blog ..read more
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Understanding the Renters Reform Bill
Colchester Property Blog
by Graham
11M ago
As the housing landscape continues to evolve, it is essential for renters and landlords alike to stay informed about significant legislative changes. One such development is the Renters Reform Bill, which aims to bring about substantial reforms in the rental market. On the 17th May 2023, the government introduced the Renters’ (Reform) Bill to parliament. MPs ... Read more The post Understanding the Renters Reform Bill appeared first on Colchester Property Blog ..read more
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Alarmist headlines about evictions should be ignored in favour of hard facts
Colchester Property Blog
by Graham
11M ago
With thanks to Andrew Conway, senior director at Lawrence Stephens for granting permission to publish the following article: Earlier this month, the government released statistics for mortgage and landlord repossessions from October to December 2022. The Guardian chose to sum up that announcement with the headline ‘Rental evictions in England and Wales surge by 98% ... Read more The post Alarmist headlines about evictions should be ignored in favour of hard facts appeared first on Colchester Property Blog ..read more
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As A Landlord, Should I Target Older Tenants?
Colchester Property Blog
by Graham
11M ago
There is a common misconception amongst Colchester landlords that only people who are unable to afford to purchase a property choose to rent a home. Many people believe that if properties were more affordable, the majority of tenants would buy their own home and leave the rental market in droves. However, that isn’t the case. A ... Read more The post As A Landlord, Should I Target Older Tenants? appeared first on Colchester Property Blog ..read more
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The Latest Rules About Carbon Monoxide And Smoke Alarms For Landlords in Colchester.
Colchester Property Blog
by Graham
11M ago
Changes are now in force concerning smoke and carbon monoxide alarm regulations in English rental properties. As all Colchester landlords need to be aware of these updates, our team here at Home Sales & Lettings is here to bring you up to speed with the changes to the law. Changes To The Regulations Since 2015, ... Read more The post The Latest Rules About Carbon Monoxide And Smoke Alarms For Landlords in Colchester. appeared first on Colchester Property Blog ..read more
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What’s Happening In The UK Property Market? Spring 2023 update.
Colchester Property Blog
by Graham
1y ago
House prices have started to rise, buy-to-let mortgage choices are recovering, and there’s welcome news for homeowners in the Chancellor’s Spring Budget. Read on to find out the latest property news…/ House Prices on the Rise Again Figures released by Rightmove show that average property prices increased in March as the housing market continued to ... Read more The post What’s Happening In The UK Property Market? Spring 2023 update. appeared first on Colchester Property Blog ..read more
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The 3 Most Common Causes Of Landlord Stress – Solved!
Colchester Property Blog
by Graham
1y ago
There are three key areas that cause landlords the most stress Any Colchester landlord will no doubt say that there are pros and cons to being a landlord! However, at Home Sales & Lettings, we’ve found that there are three key things that the landlords we work with think stress them out more than anything ... Read more The post The 3 Most Common Causes Of Landlord Stress – Solved! appeared first on Colchester Property Blog ..read more
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