Ladybird Living – Your London Estate Agent
1. Explain the benefits of a fully managed service
Many property owners tend to believe that the only reason why they require an estate agent is to help them with the following:
-Marketing properties
-Finding tenants
-Completing reference checks and contracts
However, estate agents can help with much more than this.
Leasehold properties are properties you own until the lease ends. When the lease ends, you will no longer be the owner of that property and the freeholder will take ownership. Long leases will allow you to resell the leasehold making it a worthwhile investment. This blog will outline the key things you should look out for when buying a leasehold home.
Private property owners play a key role in the UK economy as the private rented sector (PRS) is an essential part of the UK housing market providing homes for millions of people. This blog will discuss the benefits of the private rented sector in the UK.
The Renters Reform Bill has introduced a new system of periodic tenancies. The aim of periodic tenancies is to make existing tenancy structures simpler.
Following the latest inflation figures, homeowners and first-time homebuyers in the UK will see 5%-plus fixed-rate deals as lenders have had no choice but to increase their mortgage rates.
What income taxes do property owners pay?
Private property owners must pay the following taxes:
Stamp Duty tax: when they purchase a property
Income Gains tax: when they rent properties
Capital Gains tax: when they sell properties
Corporation tax: when property owners manage their properties via a limited company
1.You can save money by setting up your business digitally first
There are many things to consider when a property owner passes away. A solicitor would often be involved in dealing with the issues related to the deceased person’s property and will find out if they were the sole owner or if they owned part of the property.
Estate agents can provide property owners with up-to-date information about the latest tax trends. Here are 4 key tax trends property owners should know:
To add someone onto an existing mortgage, you have to contact your mortgage lender. Your mortgage lender will then send you documents to complete and will check:
The Renters Reform Bill suggests moving private student lets onto the system of periodic, Assured Tenancies. This blog will discuss the debate surrounding student lets in the Renters Reform Bill.
