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
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
What does the government’s new stance on pets mean for tenants and landlords? Despite being a constant threat to Zoom meetings, pets have provided a valuable lifeline during the Covid-19 pandemic; they are known to decrease anxiety, save us from loneliness and help establish daily routines. It is therefore perhaps unsurprising that The Kennel Club
Despite the current lockdown restrictions, we are all eager to find reasons for optimism in the year ahead. The cloud that engulfed 2020 has certainly not given way, but it has perhaps been lanced by some stray rays of sun thanks to the vaccine rollout. Given the current need for positivity, what reasons are
UPDATE: On the 14th February, just a week before the revised deadline mentioned in the blog below, Robert Jenrick MP announced a further extension to the evictions ban – until 31st March 2021. All other details in the below post remain accurate at time of writing. The government has announced a further extension to the ban
Do you know how many different laws a landlord must comply with? A recent study by the Residential Landlords Association has revealed the number of different laws that create an obligation on landlords in the private rental sector. Back in 2010, this figure stood at 118, but has since shot up by a staggering 32%