A recent study by major buy-to-let lender, Paragon Mortgages, found an increase in borrowing by first-time landlords as compared to the same time period last year. Similarly, the percentage of business coming from landlords looking to grow their rental portfolios also increased. John Heron, director of Paragon, said: “It would seem that an investment in
We’re always looking for new ways to show our landlords’ properties, and better ways to help our tenants decide which properties suit them. So when we came across BubblePix, producers of a brand new technology that creates 360° photographic images, we saw an exciting opportunity. The BubblePod creates 360° images that will give our prospective
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Reside Review: June 2021Reside General Manager To...
Last week, the property press feeds were all aflutter with news of a landmark ruling affecting how letting agents disclose their fees. Property agent Your Move found itself falling foul of the Advertising Standards Agency for failing to disclose its fees. The ruling also echoed the findings of a recent Which? report that revealed many
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Landlord Notice Periods To Be ShortenedThe government has announ...
As the sales market becomes increasingly subdued, the cost of renting a home in the South West has continued to rise as many would-be buyers find themselves unable to take their first steps on the property ladder. The latest survey carried out by the Royal Institution of Charterer Surveyors states that the cost of renting
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Bath’s Best Bits: Sham Castle Chris & Lisa (Res...
By the end of 2012, tenants will have details about their rental payments included in their credit file under an initiative launched by Experian, one of the UK’s three credit reference agencies. Under the new scheme, tenants who consistently pay their rent on time will benefit from an enhanced credit rating, thus boosting their chances
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Why has the UK property market not cashed?Had you asked many foreca...
Back in January, we blogged about the ongoing saga concerning changes to EPC law in England. Letting and estate agents are required by law to commission an Energy Performance Certificate prior to marketing a property, but current legislation regarding how much of the report must then be shared with clients is very lax. The EPC
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The Future of the Bath Buy-To-Let Market in 2022The headlines… Bath ren...
Since 1 October 2008, landlords and letting agents have been legally obligated to provide prospective tenants with a valid Energy Performance Certificate, should they request to see one. EPCs are carried out by accredited Domestic Energy Assessors and give landlords and tenants an indication of the energy usage and carbon dioxide emissions of a property,
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Landlord Notice Periods To Be ShortenedThe government has announ...
The first Reside eNewsletter, packed with the latest lettings news locally and nationally, was yesterday sent out to Reside landlords, colleagues and contacts. The first edition included stories on Reside’s sponsorship of a local Prince’s Trust event, the estimated rise in home rentals over the coming years, and much more. To view our first eNewsletter,
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Reside Named in Top 5% Of UK AgentsReside has been named as ...
Yesterday’s London Evening Standard had a great article about more and more city professionals making Bath their family home. Reside’s Tenants Alastair & Marianne Hogg were featured in the article along with Charlie Taylor of Knight Frank’s Bath office. Whilst the article itself primarily focuses on more Londoners purchasing in Bath, the small interview with
Throughout 2010, Tenant demand was always outstripping the supply of properties coming into the rental marketplace, something that I blogged about at the time here. This had the effect of increasing rents throughout the UK, particularly in prominent cities in the south like London, Oxford, Exeter and Bath. Rents have continued to increase in 2011
