SOLD A prestigious, 2 double-bedroom, luxury semi-detached house in Leamingbton Spa

SOLD  This, prestigious, 2 double-bedroom, luxury semi-detached house, with a private patio garden, and 1 allocated parking space, is located in a much sought-after development and is close to the centre of Leamington Spa, and within easy reach of the M40. The house benefits from a high specification breakfast kitchen, an en-suite shower-room and bathroom, excellent fittings throughout, with electric central heating, flooring throughout, double glazing, curtains/blinds to windows as shown, More information can be found on rightmove.co.uk here http://tinyurl.com/jxjhddc

How to avoid a £3,000 mistake!

Do you know IF your tenant has the right to rent your property?

‘Right to Rent’ legislation (part of the new Immigration Act 2014) started on 1st February 2016 – and getting it wrong could cost landlords up to £3,000 per tenant in fines.

The new legislation brought in measures to make it easier for landlords to evict illegal tenants as well as a new criminal offence targeted at unscrupulous landlords who repeatedly fail to carry out the right to rent checks. From February 2016 landlords are therefore required to check, and confirm details of potential tenant’s visas, passports, and the compliant identification documents.

Each and every new tenant (even sub-lets or lodgers) are required to complete a ‘Right to Rent’ check  – whether or not the tenant is thought to be a British, or European Economic Area (EEA), or Swiss national.  These checks are also required each time a time-limited Right to Rent document comes up for a renewal, and/or when a visa is renewed – and the landlord is required to re-check the validity.

Copies of valid documents also need to be kept by the landlord (for 12 months after the end of the tenancy) for any spot-checks or investigations by Home Office inspectors, in order to provide evidence that these checks have been carried out correctly.

In order to assist landlords with the new Right to Rent legislation, The Letting People (working in liaison with a fully-compliant insurance and reference company) offer landlords support with recording tenant’s documents – and with automated updates on when future document inspections need to be carried out.

For more information on how to avoid a £3,000 mistake with this new legislation, landlords should contact:

Leamington Spa office 01926 882555

Milton Keynes office 01908 713000

SOLD: Attention Property Investors and First time buyers

SOLD: The spacious, upper ground floor apartment, enjoys large windows and high ceilings, allowing lots of natural light and is fitted and finished to a high standard with gas central heating, good quality flooring throughout and comprises
• Steps to front door with entryphone system to communal hallway, having corridor to back of property to parking area.
More information on Zoopla here: http://tinyurl.com/k6uorkn

Book your viewing today

 

Buy-to-let lending is back!

Over the last 12 months we’ve seen a new surge in buy-to-let lending, the like of which we’ve not experienced here at The Letting People since before 2007-8 when many investment mortgages were withdrawn.

New rental properties, together with the refurbishment of older rental properties, mean that there is now a better supply of good-quality residential properties to rent coming onto the market.

 “We knew something was happening in the last few months as we’ve been rushed off our feet with a new wave of property appraisals for buy-to-let landlords” says our Marketing Director, Caroline Kempster.

“We’ve also seen an increasing number of new let-to-buy landlords – people who have been waiting to move for the last 2-3 years and now see an investment opportunity in renting out their current house or flat to fund moving to a new home.”

These trends currently coincide with strong tenant demand, so property investors and savvy landlords can really benefit at present.

Whether in Leamington Spa or Milton Keynes, at The Letting People we ensure that your property is ready to let quickly and at the highest rental possible. With just a few worthwhile improvements – such as new flooring, curtains, or fresh decoration – many tenants will appreciate a property that’s ‘ready-to-move-into’ and be prepared to pay some additional rent to do so.

Landlords set to buy in 2014

Landlords set to buy in 2014.  According to the National Landlords Association  a recent online interview of more than 1000 NLA members, some 25% of landlords are looking to add to their portfolio, with around 75% looking in their local area. Anthony Kempster of The Letting People comments “Is this you?. Responding to the expected demand, The Letting People have buy to let covered with the launch of their new service for Leamington, Warwick and Kenilworth property investors” click here for more information: www.thelettingpeople.co.uk/buy-to-let

The Letting People Talk Kitchens With BBC Radio

The Letting People were recently approached by BBC Coventry & Warwickshire Radio to debate the subject of changes in the British kitchen since the 1960s.  The discussion was held in response to an article in The Daily Mail "Why kitchens are shrinking: Average size has reduced by a third since 1960s as popularity of eating out grows". http://www.dailymail.co.uk/news/article-2546484/Why-kitchens-shrinking-Average-size-reduced-1960s-popularity-eating-grows.html

Caroline Kempster, Marketing Director of The Letting People, who has seen hundreds of local kitchens, was asked to comment on this article in an interview with Vic Minett (standing in on the BBC Coventry & Warwickshire Annie Othen show).

This turned into a very amusing discussion were Caroline and Vic decided that this article was very London-centric and focussing on young professionals with lots of money for regular eating out.  They also discussed that in both their experiences many kitchens in Coventry and Warwickshire were actually increasing in size (by knocking dining rooms into kitchen areas) or were moving into the living room in order to create additional bedrooms or office space.

If you would like more information about making the most of your kitchen space in a rental property The Letting People offers landlords a specialist rental appraisal, with no obligation.  For more information, please contact your local branch.