If you’re buying a second home, Buy to Let, or investment property, you should be aware that there is an additional 3% Stamp Duty Land Tax (SDLT) on top of the standard SDLT amount payable. Since this regime was introduced in 2016, the market for second homes has certainly felt the pinch, especially for buy […]
Archives for 2018
How we use Mapping to Ensure Tenants are Searching for their Ideal Property in Croydon
If location is fundamental to a tenancy, then mapping is surely the most obvious way to highlight location. We choose to use locational maps on our property details/website as they make it easy for tenants to identify the property in relation to its surroundings. This is particularly useful when a tenant is considering a property […]
Guaranteed Rent – A Landlord’s Dream – Renting a Property in Croydon?
Buy to Let has been a huge success story since specialist mortgages were introduced in 1996. According to research by Paragon Mortgages, had you invested at that time you would have seen a 12-fold return on your investment – averaging a whopping 16.3% annually, when considering the combination of both yield and capital appreciation. However, […]
Don’t Be Fooled by Multi-Branch Estate Agents in Croydon
Many of my clients tell me that when considering agents with a view to selling their home, they were tempted to use an agent that has several other branches. They were told that more branches equals more buyers, which on the surface sounds appealing. But don’t be fooled. The “more-buyers/faster sale” claim is standard practice […]
HMO Requirements in Croydon (House of Multiple Occupancy)
As a landlord, you might well have heard the term HMO mentioned by your letting agent, but what exactly is HMO and what are the implications for the private landlord? What is HMO in Croydon? HMO (or Houses in Multiple Occupation) has a specific meaning in terms of the legislation that applies to it. A […]