Landlord and Tenant Act 1987, section 47 states any written demand for rent or other monies payable to the landlord under the Assured Shorthold Tenancy (or other relevant tenancy) must have the landlord’s address and not that of the agent. That means if you are a landlord, your home address, registered office or your usual […]
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Landlords – Are your tenancy agreements compliant with section 47 of the Landlord and Tenant Act 1987?
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Chorley, Leyland & Preston House Prices Ought to be Falling…
– these are the reasons they are not. Looking at the newspapers with their doom and gloom headlines, you would think that the local property market (and the British property market) would be on its knees. Yet ring some estate agents for a viewing or free valuation, and if you can get an appointment within […]
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Autumn – The Most Important Selling Season?
It’s the 1st calendar day of Autumn today which some would say is the most important selling season of the year…and we agree. Why…because September and October are much busier months of the year for homebuyers than November and December. So, Winter Is Really Coming and it is important to secure a buyer before then. […]
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Chorley & Leyland Property Blog – Tenants’ Spiralling Energy Bills are About to Become Landlords’ Problem
As gas and electric bills rocket for local tenants, landlords who do not start to make energy efficiency upgrades face lengthy void periods and will have to discount their rents. This is irrespective of the Government’s plans to change the rules on renting properties with low Energy Performance Certificate (EPC) ratings. Until six months ago, […]
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Chorley & Leyland Property Blog – What’s the Difference Between a Flat and an Apartment?
What’s the Difference Between a Flat and an Apartment in Chorley & Leyland? “An apartment is over £100 grand and a flat under £100k”, said my friend. Joking aside, there is no difference, call it what you will, the humble apartment/flat has served Chorley & Leyland well over the years. The average sale price of […]
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The Local property market is on the verge of a ‘tipping point’. The rate of house price growth has started to ease with a reduction in the number of properties that will sell in the coming 12 to 18 months. Yet, rising interest rates and the cost-of-living issues won’t knock everybody out of the […]
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HAS THE LOCAL PROPERTY MARKET PEAKED?
Should you buy now or wait for the bargains? Many commentators believe we have seen the peak of the local property market. So, should savvy bargain hunters wait for house prices to fall? Or could postponing your house buying for any anticipated house price drop be a costly mistake? Over the last two years, the […]
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Thinking of selling your home? Then it’s time to take control of your clutter…
First impressions make a huge impact when it comes to selling your home so one that’s clear of clutter is sure to strike the right chord with potential buyers. Just imagine yourself walking into a home to find piles of shoes clogging up the hallway or stacks of junk on the bedside table – it […]
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Chorley & Leyland Property Blog – 82% Drop in Local Council Houses in the Last 40 Years
In 1981, 17.1% of properties in Chorley & Leyland were council houses. Today, that figure stands at 3.1%, a proportional drop of 82%. Why has the number of council houses dropped so much in those 40 years? How has that changed the dynamics of the local property market in those 40 years? The ability of […]
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The Landlord Compliance Health Check – Are you compliant?
ATTENTION LANDLORDS Reports that one of the most prominent Estate Agents in the UK had allowed its landlords to open to fines of between £9million and £30million in the last few weeks. This is because they allegedly failed to send some paperwork to their tenants when their tenancy started. This has had many landlords picking […]
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