Right to Rent Changes 2021

Right to Rent Changes 2021

Keeping one step ahead – changes to European Right to Rent checks. When England left the European Union, it was common knowledge that it would take time for us to slowly unravel from a system we had been so closely integrated with. When the decision came about in 2016, it was recognised a number of elements would have to adjust, including changing laws regarding general travel, insurance and immigration. As of 1st January 2021, some of these changes came into effect. The BBC lists these January changes referring to duty free shopping and the alterations to tax when buying or […]

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Holiday Let vs Long Let

Like most things, holiday let’s have their pros and cons. From a holiday marker’s perspective, they’re often reasonably priced, efficient for short term accommodation and are bound by minimal contractual requirements. Yet, for a Landlord, this particular route poses potential setbacks concerning quieter winter months, decreased financial advantages and the introduction of unidentified individuals into your home.  Reading through some articles of negative holiday let experiences online is a great way to spend twenty minutes – that is, if you enjoy a bit of a shock. While we’d like to assume that the majority of the time these short-term breaks […]

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The Right Decision – Why Landlords are Switching to Fully Managed in 2021

The past two years has seen massive changes to life as we know it. With unemployment rates reaching worryingly high levels, worldwide isolation lockdown procedures, and limitations on many aspects of regular society: it’s fair to say, it’s been a very challenging time for most. Of course, this transformative nature is never seclusive, in which since the development of covid, a huge quantity of changes to law and regulation regarding the property industry has been shifting in the background. When the world is presenting such huge distractions, it can be tricky to exercise knowledge and control of such adjustments. To […]

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The End of Stamp Duty Holiday – What could this mean for Landlords?

As we all know, the aftermath of a worldwide pandemic left complications in many areas of society – the property market included. In order to counteract some of the feared financial implications inflicted by Covid, in July 2020 the threshold for not paying stamp duty tax was increased to house sales up to £500,000. Whilst indeed supporting the property world, this increase was also introduced to help those financially impacted regarding unexpected changes to employment and income. As a result, property sales boomed. As of the 1st July 2021, the stamp duty holiday will now come to an end, and […]

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Making Changes – How to Become a Fulfilled Landlord

Landlords should expect the upmost quality and professionalism in terms of the services provided from their letting agency. There should be no gaps in the system, in which compliance certification, tenant referencing and administration has been handled efficiently and effectively. Ensuring your property is being let legally, and with genuine and trustworthy tenants, is so important in maintaining years of profitable and hassle free letting. Read on to find out exactly what services Landlords should receive from their agency. First and foremost, the relationship between Landlord and agency should not only be stress free, but one of honesty and consistent […]

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Keeping up with Section 21 and Section 8 possession notices

As you may already know, what came with the rise of Covid 19 was a number of alterations to the pre-existing Section 21 notice process. Section 21 is a part of the Housing Act which permits Landlords to regain possession of their property. However, under the 2020 Corona Virus Act, the government deemed it appropriate to make changes due precarious financial situations and general public wellbeing derived from the pandemic. For these reasons, Parliament introduced a temporary eviction ban, whereby the courts were suspended from actioning an eviction thus allowing tenants to maintain right of tenure for an extended term. […]

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5 stars
Source: Google reviews
Parks letting have been looking after my property for over ten years, they are excellent! A big thank you to my Property Manager Katie Flynn who is always very efficient, focused as well as being polite

Michelle Williams, Landlord, 2024

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