As we approach the end of 2021 and close the door to another challenging year, Parks have taken the opportunity to reflect upon the current lettings market and our predictions as we move into the winter months. Similar to the speed of the summer market, properties continue to fly off our lists with tenants still actively searching for their new home. While in previous years, agencies often find tenants can present a slower pace as the seasons change, however, the same cannot be said for the current market at all. All of our advertised properties maintain high levels of interest […]

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Walking through busy food markets in central London, you’ll find hundreds of stalls grafting hard for their customers attention. Above the stalls, often, advertisements include phrases such as ‘homemade’, ‘freshly prepared’ or ‘local goods’ enticing hungry onlookers to choose them above the rest. Once a decision has been made, we get to enjoy watching the chef create the final product right before our eyes, allowing for personalised adjustments to be made to the order along the way. To continue with the theme of food, one of the finer and more memorable dining out experiences is often recounted as physically being […]

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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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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 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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