landlords
Energy Performance Certificates
An assessment of household energy usage and the extent to which this can be lowered if the recommendations of the Domestic Energy Assessor preparing the certificate are adopted. Certificates give properties a rating from A to G presented graphically in much the same style as used for fridges, washing machines and other white goods. Dwellings offered for sale must have an EPC that is not more than 12 months old, and from October 2008 rental properties must have a certificate that is not more than 10 years old.
We have an in-house Domestic Energy Assessor and would be happy to provide an EPC for your property in Herts. Please call us for a quote, which we guarantee will be competitive.
UK Property Auction Search
As two-year fixed and discounted deals come to an end repossessions are racing ahead (see, for example ) there may at last be some bargains to be had in the South East. I have heard of nearly-new-build flats in Ipswich being sold at virtually half their original selling price. Note that Essential Information Group charges for access to its database, but the auctioneers who list on it typically do not. Call for more information.
Void Periods
on 10/06/2007
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Void periods sound a bit mysterious but they are something quite familiar to anyone who has been a landlord for any length of time. They are periods when the property is not generating income, almost exclusively because the last tenancy has finished and the new one hasn't yet begun.
Stamp Duty and SDLT (Stamp Duty Land Tax)
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Stamp Duty is not payable on the vast majority of all residential leases. For more detail see the LetLink Factsheet 32 which gives an admirable summary. It is no longer the case that tenancy agreements are no longer admissible as evidence in court unless they are stamped.
Do you wish to sell your BTL portfolio?
on 10/06/2007
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Do you have a portfolio of rental properties in Hertfordshire which meet the following criteria:
- two bedrooms,
- situated near to a motorway junction, railway station or a major employer,
- if flats have a freehold interest, and
- are priced on a yield of 5% or more?
If this is you, then get in touch with us to be put into contact with a serious investor in this kind of portfolio.
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Places in Hertfordshire
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There are a lot of places in Hertfordshire. We don't actually cover all of them. The main towns we operate in are Stevenage, Letchworth, Hitchin, Welwyn Garden City, Hatfield. However we are also able to help you if you want to let out a property in the places below:
Aston
Aston End
Ayot St Lawrence
Ayot St Peter
Baldock
Bengeo
Benington
Bragbury End
Bramfield
Broadwater
Buntingford
Burnham Green
Chapmore End
Cheshunt
Chiswell Green
Codicote
Cole Green
Collier's End
Dane End
Datchworth
Datchworth Green
Our Properties
We list our properties on:
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Affordable Housing
on 11/05/2007
Affordable Housing is a newish concept. Most people see it as quasi-council houses provided by Housing Associations or the Council Housing Department hived off into a privatised body.
In fact it is much more than that, as explained by this article from the BBC explains.
What is not generally known is that councils now routinely demand around 40% of all houses or apartments on a new development are allocated for affordable housing. The developer has to provide these under a Section 106 agreement.
Buy to Let Lending
on 09/05/2007
LETTERS TO THE EDITOR: Buy-to-let reflects continuing stability of lending portfolio
By Andrew Heywood, Financial Times
Published: Feb 22, 2007
From Mr Andrew Heywood.
Sir, Your article "Number of buy-to-let mortgages rises 30-fold in past decade" (February 15) suggests that latest buy-to-let data "show an almost frenzied appetite from new landlords" and "could raise fears that Britain is in the grip of a residential property investment bubble".
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