Those who tuned into the Queen’s Speech on the 11th of May can be forgiven for missing the very brief promise to ‘enhance the rights of those who rent’ – seemingly a very general pledge to review standards across the sector. A delve into the detailed briefing notes, however, reveals three details that will
Tenant Demand Reaches A New High Despite rarely having more than four properties on the market at any one time, we let more properties during April 2021 than in Aprils 2014, 2015, 2016, 2017, 2018, 2019 and 2020. Tenant demand is outstripping supply to such an extent that we are receiving multiple offers on most
Please note, this position has now been filled. Lettings Negotiator Hours: Monday – Friday, 9am – 5.30pm, and occasional Saturdays. Salary: £26-30k per annum Reside is an independent letting agent whose innovative, ethical and successful service is highly praised by its tenants and landlords. We recently won our second Bath Property Award, in which we
AWARDS RECOGNITION FOR RESIDE We are delighted to have been recognised as the leading Bath lettings agency in the recent Bath Property Awards, an annual event hosted by Mediaclash (the terrific people behind Bath Life, Bath Boules) to celebrate the city’s property sector. In an enterprising online ceremony, the panel of local judges commended Reside on
The Sofa to Summit challenge caught my eye as a way to become more active whilst fundraising for a cause that is close to everyone’s hearts right now. The NHS and the RUH have been spectacularly stretched since early 2020, and it will feel good to do something, no matter how small, in recognition of that.
Evictions on hold The government has announced a further extension to two pieces of temporary legislation, both brought in to provide tenants with greater security in their homes during the pandemic. The ban on evictions, which had already been extended, will now run until the 31st of May. Until then, evictions can only be enacted
In this video, Reside’s Toby Martin summarises the main points of interest in the 2021 Budget for landlords and tenants. These key points include the extension to the stamp duty holiday, the upcoming increase in corporation tax which may affect a very select few landlords, and a question mark over the future of capital gains tax.
There has been continued demand for rental properties in Bath throughout February 2021, maintaining the trends we saw in January when demand outstripped supply. Smaller, more ‘typical’ investment properties have let very easily throughout the month, and while there has been fair demand for family homes, there have been precious few available on the market.
In news that may not be of direct relevance to our tenants and landlords in Bath, but could nonetheless be a suggestion of things to come, the Welsh government has introduced a bill that will permanently extend minimum notice periods for landlords. The new legislation, which will be implemented before the end of the current
A coalition of property and housing organisations, including Reside’s regulatory body ARLA Propertymark, have come together to call on Chancellor Rishi Sunak to help private renters pay off COVID-19 rent arrears and help sustain existing tenancies. Across the nation, at least half a million private renters are in arrears due to the economic impact of