Update. Landlords…. Is this the end of an era? Or is it just the Beginning of a new Era?

If you remember a couple of weeks back I wrote about my experience with friends who own properties, some of whom self manage their portfolio. The response I experienced was well received and as promised an update. In the last blog I asked my friends to answer the following. Why they...

Landlords…. Is this the end of an era? Or is it just the Beginning of a new Era?

Is it the end or just the beginning for landlords in this financial year? That was the question I was asked the other day when I met some friends for lunch. Freezing cold outside and huddled around some of Millsy’s best coffee discussing what fears or woes they may have. Resounding...

“HOT OFF THE PRESS” Price Announcement for Coventry Landlords Mandatory HMO Licencing

Taken straight from the Coventry City Council Email. Make sure you get your applications in as soon as possible. You will not only benefit from the existing price structure but you will also be safe in the knowledge you are compliant before the October 1st Deadline.

Dear Coventry...

Private Lettings Rentals January 2017 vs January 2018

Lettings. The Coventry housing market is experiencing an unprecedented boom. Rentals have been a major force driving the market with the median rental price going up consistently over the last ten years. This has been attributed to rising house prices and the influx of students and contract workers into the...

Rent Increases. Acceptable? Landlords can…….

Rent increase, the subject on most Landlords agenda, can I do it, when is the right time, will the tenant pay, how much …. The list goes on. Hopefully I can clarify for you with some advice and findings. In recent years the rents as you have probably gathered in Coventry...

“Student Season” Increase in Lets and Valuations. Why?

Hey folks, Paul here again @ Godiva. Apologies for the delay in updating the Blog but it has been extremely busy here in the office and out on the road with viewings!. So as the “Student Season” for lettings draws to a close and those little niggly teething problems ironed out...

Tenancy Deposit Caps. Will this have implications for tenants?

Unless you have been hiding under a rock somewhere you will have read or seen somewhere the Queens Speech that outlined changes within Lettings. One thing no one expected was the inclusion of Deposits, which was a big surprise. So the Draft Tenants Fees Bill set to be introduced Spring 2018...

New EPC Rules and The Extended Affordable Energy Scheme

So with all the changes you might have missed this little gem! To start on a negative point, its now starting to come up to the 10 year renewals of EPC’s (Energy Performance Certificates). These were commonly included in the HIPS pack that was scrapped for house sales and the...

Coventry HMO Licensing Fee Rises April 2017

As always, The Coventry Property Focus Blog keeping you updated with the latest changes and news, this time round it’s the HMO Licensing fee. Rising as of the 1st April 2017 to £804.97 to cover up to seven units/lets from £776.25. This increase is in line with inflation. For those...

Tax Changes 2017 Landlords and Property Lettings

Such a hot topic at the moment and a question on pretty much every landlords lips is, "How is going to affect me?" David here at Godiva has managed to arrange a video question and answer session with a local well respected Accountants firms Tax Advisor. Looking to cover some...

Can I leave or change my letting agent? Easy? Landlords read on….

Whilst most landlords have never thought about leaving their current management letting agent there can be however times of need where a decision has been made to go it alone, or transferring ownership to a family member etc. A landlord may unfortunately be unhappy with the current arrangement or has...

Right To Rent Checks….. Are you Compliant? Serious penalties in place….

Right to rent checks we all know came in to place a while back with lots of criticism on Landlords and Letting Agents becoming part of UK border force in tackling individuals who enter the country illegally. Up until the end of 2016 the dust had settled and the right...

Stay Warm and Stay Safe, Including your Vehicles

What a cold morning it was, and with a lovely blanket of snow covering the ground. Cars covered in snow and ice, and lets face it, some of us are guilty of pouring the kettle over the screen or leaving the car running to defrost! West Midlands Police is urging...