The long-awaited Renters Reform Bill, which contains the government’s proposed changes to the Private Rented Sector, had its first reading in parliament last week. Despite some of the headlines you may have read, none of these proposals are currently law and as such have no immediate impact on new or existing tenancies. Here is a short summary
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Yesterday, the government reversed its decision to release the much-anticipated Renters Reform Bill this week, according to The Mirror newspaper. The delay in introducing the Bill to Parliament is attributed to “procedural issues”. The Conservative administration initially promised the Bill in 2019, and Housing Secretary Michael Gove recently stated that it would finally be published
The Bath Landlord Forum hosted a successful event at The Francis Hotel, Bath on 15 March 2023, which focused on energy efficiency considerations in rental properties. The event was hosted by Reside’s Toby Martin and featured guest speakers who provided valuable insights on this important topic. The event was attended by a large number of
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Over the last five years, life has become a little trickier for Bath landlords, with changes to their taxation status, mortgage interest relief and an additional 3% stamp duty for a buy-to-let property and has made lots of Bath landlords ask themselves: ‘Is buy-to-let in Bath still worth the risk?’ Regarding taxation, in 2016, the Government
A packed monthly roundup start kick off the year, including some surprising facts and figures from the rental market in Bath & beyond. Reside is an award-winning independent letting agent in Bath. Please get in touch if you would like to discuss any aspect of letting or managing your property; we would love to hear from
3 Key Concerns For Landlords In 2023… or ‘how to avoid a rental property shortage again in 2023’. In 2022, the shortage of rental properties simply couldn’t satisfy tenant demand, driving up rents to unprecedented levels. How can we avoid this happening again in 2023? Here are 3 good places to start… Reside is an
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Rising interest rates, Section 24, EPC regulations… today we answer the question: can buy-to-let still be profitable? Reside is an award-winning independent letting agent in Bath. Please get in touch if you would like to discuss any aspect of letting or managing your property; we would love to hear from you.
Being a Bath landlord is undoubtedly a challenge. The glory years of making money from ‘any old property’ are certainly in the past. With increased legislation and taxation from Government and the cost-of-living crisis (which will result in some Bath tenants struggling to pay their rent), times are challenging for many landlords. Then newspapers are
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Everything you need to know about the rental market in Bath & beyond during September 2022. This month, Toby talks about the practice of offering over asking rent, and looks at some recently introduced landlord legislation. Reside is an award-winning independent letting agent in Bath. Please get in touch if you would like to discuss any
