For many, Spring often marks the start of new beginnings and we couldn’t agree more. There are great things on the horizon for landlords and tenants as we’ve just merged with the Wolverhampton branch of national franchise Concentric.
High Speed Compensation? If you own a property in the areas neighbouring the path of the planned High Speed 2 (HS2), you'll doubtless have been concerned about how the scheme might affect the price of your house. Now, however, the government has announced details of compensation schemes which have been long awaited by homeowners and estate agents alike.
As December faded away and the calendar clicked slowly around to 2015 (so long, 2014!), there was a flurry of activity in the property sector. First of all, the Government announced a new starter home initiative, offering 100,000 first-time buyers new homes with a 20% discount; then it was revealed that the annual rise in UK house prices has slowed — yet prices have still gone up faster than the general cost of living. Banks, meanwhile, launched a flurry of mortgage deals fixed for 10 years at record low rates.
NLA report Amateur Landlords reach 70% of the Private Rented Sector. Here at Lawson’s, we are finding a larger number of landlord enquiring about our Buy to let and property acquisitions, as they are looking to invest in property again, in many cases after taking a bit of a break from buying property, so we wanted to see if this was a nationwide trend.
In the month of July Lawson’s in Chapel Ash reported an unprecedented result as they received 41 tenant applications on 24 properties that they let in the month receiving multiple applications from more than one set of tenants wishing to rent the property.