Recent changes in the rental market has meant that Landlords have been considering the North for their next buy-to-let property investment. Measures including the introduction of the 3% stamp duty surcharge, new Right to Rent checks, the exclusion of the 10% 'wear and tear' tax and the rising number of licensing schemes have made life increasingly difficult for Landlords to invest in the South.
Increasing numbers of buy-to-let Landlords are looking to boost their rental profits by converting their properties into Houses in Multiple Occupation or HMOs. With Northern HMOs outperforming buy-to-let properties it is no wonder that Landlords are opting to convert their properties.
Yesterday, founding members of the Charter for Independent Estate and Lettings Agents met to discuss prospective plans for the Charter. Managing Director of Let Leeds, Luke Gidney, was one of the founding members in attendance who unanimously signed a Letter of Intent to move forward with the formal inauguration.
Landlords are always seeking new buy-to-let opportunities and new studies have demonstrated that the Northern cities host the most lucrative investment prospects, with lower purchasing costs in the North and high rental yields of between 6% and 12%.
If you own a property and are considering renting it to others, you can now take advantage of our free instant online valuation tool.
Here's a list of the things that you are responsible for during your Tenancy. Make sure you keep on top of these as we'll check on many of these as part of the check-out process and failure to meet your responsibilities could incur charges.
From the plethora of businesses it hosts to the range of networking opportunities available, Leeds is a fantastic place for professionals to live and work. Here we list some reasons why we believe that Leeds tops all other UK cities.
Read on to find out what is expected for the property market in 2017 as well as a look back at 2016.
Ensure that the festive period runs smoothly whether you are staying in your property or returning home.
In the countdown to Christmas there are many exciting activities going on in Leeds. Celebrate the end of term with some of our top festive suggestions.