You will receive Private Residence Relief (PRR) in which you do not have to pay Capital Gains Tax when selling your property if:
Ladybird Living – Your London Estate Agent
Month: May 2023
How to ensure that your agency is prepared for rental reform?
There are many things that your agency can do to prepare for the changes that have been introduced under the Renters Reform Bill.
How to check the validity of Section 21 notice:
Check the form and dates:
Firstly, you should check the dates and the type of form thoroughly. The Section 21 notice must be on form 6A.
Are property owners responsible for cleaning the communal areas in a HMO?
To determine whether tenants or property owners are responsible for cleaning the communal areas in a HMO, it is important to have a look at the regulations and the type of tenancy agreement.
3 signs your boiler needs replacing
It is important to be aware of the signs that your boiler is no longer working effectively before making an appointment with a Gas Safe registered engineer. Here are 3 signs that your boiler needs replacing:
3 Tips to get property owners to choose your agency
Here are 3 tips to get property owners to choose your agency
Steps for Screening Tenants
Back [greeting] Steps for Screening Tenants Step 1: Affordability test The first step to screening prospective tenants is to conduct an affordability test. This test will help you to determine the amount someone needs to earn to be able to afford the property. You should consider the following in the affordability test: the rent, utility… Continue reading Steps for Screening Tenants
Should you make mortgage overpayments?
Mortgage overpayments refers to the process in which a borrower pays more than the minimal amount required by the lender.
All letting agents must be regulated by a Redress Scheme
It has been a legal requirement for all letting agents to be regulated by a Redress Scheme since 1st October 2014.
Base rate increased to 4.5% – How will it affect property owners?
Back [greeting] Base rate increased to 4.5% – How will it affect property owners? The base rate has increased from 4.25% to 4.5%. The base rate is important because it impacts mortgage interest payments for property owners. A higher base rate means that property owners must pay more to cover interest rate costs. The… Continue reading Base rate increased to 4.5% – How will it affect property owners?
Insurance For Short lets & Airbnb Hosts
It is recommended that you think about getting insurance specific to short-term lettings such as Airbnb/ holiday lets.
Commercial vs. Residential Properties for investment
A popular question among many property investors is ‘Which one is the better investment – commercial or residential properties?’