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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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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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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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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Mention the word Brighton to someone you know and almost certainly their eyes will light up. Possibly they live here, enjoying each and every day in a modern and cosmopolitan world, drinking in quirky coffee shops, watching the sunset over the pier. Or, more than likely, they’ll have spent an unforgettable weekend browsing the North Laine shops, and dining into the late evening in one of the cities famed seafood restaurants. Maybe their eyes will widen knowing their favourite celebrity resides here right by the coast, and they long for the opportunity to bump into them. The point is, Brighton […]

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The What Here at Parks Residential, we offer our Landlords a selection of services to help support them in their journey to investment security and financial endeavour. From market appraisals, to rent guarantee, comprehensive property management and professional tenant referencing, we cover all the key areas to help make the process profitable and as plain sailing as possible. As mentioned in last weeks’ blog (how to maximise your rent), one of the ways in which we can help Landlords achieve this is through property refurbishment. Currently, we offer Landlords two types of refurbishment services. The first service relates to large […]

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