Gross Rent £5,767
Management Fees £291
Service Charge £132
Ground Rent £500
Net Income £4,844
Assured net rental of 9% per annum for the first 3 years
• Receive rental income from the occupied studio, paid
monthly or quarterly into your chosen bank account…
• …or choose a managed service provider to manage your
studio and ensure a regular monthly return
• All studios are within 5-star luxury facilities with care
provided by an experienced CQC-regulated operator
Service Charge £1200
Ground Rent £25 annually
Landlords around the UK have been warning for years that with growing numbers leaving the private rental sector, tenants will increasingly struggle to find somewhere to live and, it seems, that this has now come to pass.
Two stories from Glasgow this w…
Landlords and letting agents should be protected under the new Statutory Debt Repayment Plans (SDRP) from tenants who may exploit a loophole if they have racked-up rent arrears.
Propertymark says that the proposals for SDRP would see rent arrears being…
Morning All, I have a remortgage renewal and the lender wants to take a ‘soft charge’ on the freehold of the building which houses 6 flats.
They say because I am the director of the management company and the long lease holder this becomes …