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
Bath needs 369 additional private rented properties per year to keep up with current and future demand from Bath tenants. Yet over the last 5 years, Bath has lost 617 private rented homes. What are the 5 reasons the supply of private rental properties in Bath are falling? What does this mean for tenants and landlords in
Everything you need to know about the Bath rental market in April 2022. Reside General Manager Toby Martin summarises rental activity over the last month, with the latest facts and figures from the local market. Reside is an award-winning independent letting agent in Bath. Please get in touch if you would like to discuss any aspect of
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Landlord Notice Periods ExtendedEvictions on hold The gov...
Everything you need to know about the Bath rental market in March 2022. Reside General Manager Toby Martin summarises rental activity over the last month, with the latest facts and figures from the local market. Reside is an award-winning independent letting agent in Bath. Please get in touch if you would like to discuss any aspect of
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Bath’s Best Bits: The Guildhall Market Reside’s local ...
The average time to find a buyer for a Bath property reduced from 72 days in 2020 to 66 days in 2021. Yet just over 1 in 4 Bath homeowners are still on the market after 12 weeks. Why are so many Bath homes still on the market after all that time, and what does
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New Year, New Letting Agent?A Landlord’s Bigges...
The UK is currently experiencing its highest inflation rate since the early 1990s. This increase in prices has primarily come about by the combination of an increase in demand for goods and services from consumers following lockdown last year together with global supply chain disruptions. Most economists weren’t too concerned about this increase in the
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COVID-19 Update: Back To WorkThe New Normal On Wednesd...
Everything you need to know about the Bath rental market in February 2022. Reside General Manager Toby Martin summarises rental activity over the last month, with the latest facts and figures from the local market. Reside is an award-winning independent letting agent in Bath. Please get in touch if you would like to discuss any aspect of
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Bath Rental Market Review: April 2022Everything you need to kn...
Some Bath landlords could face bills of between £11,000 to £14,000 as Michael Gove, the Housing Minister, declared an attack on poor quality private rental homes. 2,114 Bath rental properties could require upgrading. The Government announced in their ‘Levelling Up’ White Paper last week, they plan to introduce a new minimum standard for private rental properties.
Everything you need to know about the Bath rental market in January 2022. This month: just how bad is the Bath property shortage? Tenant demand has far exceeded property supply for the last 12 months, but just what is the extent of this property shortage? As Reside’s Toby Martin discusses in the above video, the number of
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Reside Review: May 2021General Manager Toby Mart...
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
