UK rents expected to rise faster than house prices in next five years
2 minute read posted by The Edward Ashdale TeamIn the next five years, price of renting property in the UK is expected to rise by 25 percent, while property values are set to only increase by 20 percent. The number of prospective tenants is expected to rise with less...
The Rental Property Myths Landlords should know about
2 minute read posted by The Edward Ashdale TeamPerhaps you’ve considered buying properties for rental purposes, but held yourself back due to some very common misconceptions about being a landlord. One assumption, requiring debunking, is that by and large tenants are rude,...
Rent rises inevitable as more tenants still chasing fewer homes to rent in UK
2 minute read posted by The Edward Ashdale TeamThe rental market in 2016 in the UK continues to rise with an imbalance in rental prices and the amount of properties available. This has been an ongoing problem for some time now according to ARLA Propertymark organization....
Your tenants could be about to lose their housing benefit
2 minute read posted by The Edward Ashdale TeamNew regulations going into effect April first of this year will restrict the Universal credit 18-21 year olds receive for housing costs. The move is aimed at alleviating the cost to taxpayers by keeping young people who can live...
Economist warns Government assault on buy-to-let could result in 30% rent rises
2 minute read posted by The Edward Ashdale TeamHouse-price linked mortgages can help more buyers, especially young people, onto the property ladder according to the below article. Banks have made mortgages available to keep financial institutions solvent. David Miles, a...
Bannatyne in Orpington opens brand new spa
2 minute read posted by The Edward Ashdale TeamAre you looking for a fabulous new spa to go to in Orpington? If so then you are in luck - the Bannatyne Group has remodeled the former LA Fitness into a brand new spa. It is the first of a series of new spas that they will be...
What the wear and tear allowance means for landlords and property maintenance
2 minute read posted by The Edward Ashdale TeamAre you a landlord in Bromley, Beckenham, Dulwich and surrounding areas? Do you sublet? Surely you have considered the affect of reporting income from your property. If you are even considering investing in management property you...
10 cheap ways to improve your Bromley rental property
2 minute read posted by The Edward Ashdale TeamHow is your "buy-to-let" investment in Bromley doing? Whether you have only one or rent several, you have an obligation of up-keep. There are two good reasons: if you decide to sell you want the best value, and if you want good...
5 considerations before buying an investment property
2 minute read posted by The Edward Ashdale TeamProperty investment can be a good source of income but it can be costly if not done right. You have to consider certain factors before buying the property in order to make it work. There are five important considerations you need...