Sign in Sign up
01603 741900
info@gracecharlesinvestments.com
Norwich City FC Logo Official property investment partners
of Norwich City Football Club

News

Fellow landlords – Get ready for Section 21 Day!

I cannot stay silent any longer because the continued attack on landlords will end in tears for us, tenants and the government.
I was taken aback when the Scottish government announced that it was introducing legislation for a rent freeze without any n…

UK’s annual house price growth slows to single digits

The latest data from Nationwide shows that there has been a slowdown in annual house price growth to 9.5% in September – from 10% in August.
The survey shows that 10 of the UK’s 13 regions recorded slower annual price growth in the third qu…

Meet Mark Smith (Barrister-At-Law) Landlord tax planning strategies – pin Birmingham Central

Our Hon. Legal Counsel, Mark Smith, Head of Chambers at Cotswold Barristers, will be presenting in person an overview of several landlord tax strategies at the pin Birmingham Central meeting Thursday 6th October.
The Birmingham Central pin Meeting will…

Rookie leaseholder and a recognised body?

Hi, I purchased a flat in a block of flats – the management of which the local council has contracted out to a company.
I am one of a few leaseholders paying a service charge and ground rent to the company.

Landlords call for a cost-of-living plan to help the PRS

Chancellor Kwasi Kwarteng is being urged by one landlords’ organisation to adopt a cost-of-living plan for the private rented sector as tenants and landlords face ever-growing costs.
The National Residential Landlords’ Association (NRLA) ha…

Welsh Government launches consultation on extending PRS notice period

The Welsh Government has launched a consultation on plans to extend the notice period that landlords are required to give for converted contracts after the Renting Homes Wales Act comes into force on 1st December.
That’s when all tenancy agreemen…

England’s BTL void periods decline across the board

England’s rental market is returning to good health with a significant reduction in void periods and costs compared to last year, research reveals.
Voids are one of a buy to let landlords’ biggest pain points since an empty property means n…

What you need to know about the Smoke and Carbon Monoxide Alarm (Amendment) Regulations 2022

The rules for smoke and carbon monoxide alarms in England’s rental properties have changed – and landlords and agents need to understand the new rules.
The move is part of the Government’s plan to create a ‘safer, better and bigger’ P…

HMO fire doors – Replace or Repair?

Hello everyone, I have recently had a fire risk assessment conducted on my HMO property.
The report indicates the doors are not compliant as they have no seals and only two hinges instead of the required three. The closing mechanisms are also faulty an…

Lenders want EPC A & B for best rates!!!

Hi, Just checking mortgage borrowing rates this morning and came across two products with NatWest and The Royal Bank of Scotland, both asking for EPC’s of A and B to apply for their best fixed rate mortgage products on a five year fixed rate deal!

Sell, incorporate, get a job or all three?

My wife and I have nearly £2,000,000 on fixed-rate mortgages that are due to expire in January 2023 – YIKES!
The LTV across our portfolio is somewhere between 40% and 50% and in recent years our rental income has been apportioned at around 33% fi…

Changing estate agents, how easy is it?

Hi, I’m renting out one property through a local estate agent, paying 11% of the rental value to them.
I have really good long term renters in and happy to keep the renters (renewed in March for another 12 months).

Scotland brings in its Short-Term Lets Licensing Order

Scotland will be the first country in the UK to officially monitor short term lets by requiring all councils to have an operational licensing system in place.
The Short-Term Lets Licensing Order takes effect on 1 October 2022 and is aimed at ensuring a…

Rental market is ‘still underpinned by high demand’

Demand from tenants for a home to rent is creating a market that is like a ‘pressure cooker getting hotter’.
That’s the verdict from Nathan Emerson, the chief executive of Propertymark, who says that the number of new tenants being re…

Land Transaction Tax threshold in Wales has been increased

Anyone buying a home for less than £225,000 in Wales will pay no tax, the Welsh Government has announced.
The threshold for paying Land Transaction Tax (LTT) is being increased from £180,000 to £225,000 with the change coming into force on 10 October 2…

Get the latest info on all of our latest property releases
01603 741900
info@gracecharlesinvestments.com