Reside Review: August 2021

Reside General Manager Toby Martin brings you news of the rental market in August 2021. As inevitable as an England batting collapse, August was yet again another busy month for the rental market. Recent trends of property supply being outweighed by tenant demand reached new heights, as competition for properties contributed to us letting more than 50%

Tenants: 5 Tips To Help You Secure That Property

Reside’s Toby Martin on how to get to the front of the queue in such a competitive market. Since the beginning of 2021, the rental market has been overwhelmed by demand from tenants looking for new homes. At the same time, supply of available properties has dwindled, thereby creating a very difficult environment in which

Reside Review: May 2021

General Manager Toby Martin rounds up the month of May, with news of new notice periods for landlords, the Queen’s Speech and more. Reduced Landlord Notice Periods As of the 1st of June 2021, notice periods for landlords have decreased from six to four months. The government temporarily increased notice periods to six months in

Landlord Notice Periods To Be Shortened

The government has announced that landlord notice periods will be reduced to four months, starting from the 1st of June 2021. Under temporary legislation introduced in August 2020, notice periods were initially increased to three months, and more recently to six months, to provide tenants with greater security in their homes at the height of

Reside Review: April 2021

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

Reside Review: March 2021

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

Budget 2021: Key Points For Landlords & Tenants

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.

Reside Review: February 2021

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.