With tax returns handed in, a lot of landlords are sitting with their hands in their hair because of the sky-high taxes they had to pay. And it’s only going to get worse! Why are the taxes increasing so dramatically? A little piece of legislation called Section 24 was introduced in April 2017 and is […]
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There once was a landlord who had his property advertised by an agency for two months. The property had a few viewings but received no constructive feedback at all. He was also asked to reduce the price of the property twice. Exasperated, the landlord contacted Luscombe & Co. We advertised the property on Saturday, did […]
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You know how it goes, you get up in the morning with big plans for the day, but before you know it, you’re caught up in loads of little things that need your attention and you’re not getting any real work done. As we are landlords ourselves, we know how frustrating this can be. We […]
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It’s 1am, your phone rings. It’s your tenant, the boiler’s broken and it’s the middle of winter. You knew you had to have it checked a few months ago, but just didn’t get around to it. You get up and start phoning around for a contractor which is probably going to cost you an arm […]
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This is not the first time this has happened. You’re sitting at home one evening, having a nice time with your family. Suddenly you get a text. It’s your tenant, he’s locked himself out. This is the nightmare many landlords sit with everyday. If you’re a current or prospective landlord, the whole process can seem […]
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Newport in Gwent has just been identified as the fastest moving area in Britain for home sellers by Rightmove, the UK’s largest online real estate portal and property website. Homes in Newport only take about 52 days to find buyers. This time last year, it took a third longer. This dramatic increase can be attributed […]
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What is MEES? MEES stands for Minimum Energy Efficiency Standards which will come into effect on 1 April 2018. What does this mean? The government introduced MEES which states that any property with an EPC rating of ‘F’ or ‘F-below’ may not be rented out from 1 April. Every property has an EPC rating (Energy […]
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Have you ever wondered what a Deposit Protection Scheme is and why it matters to you as a Landlord? Before we explain, we’re going to tell you a little story: Mr. Landlord came into Luscombe & Co’s letting office this week. He was completely distraught and concerned about the situation he was currently in. He […]
Read More“I want to invest in properties.” Has this line ever crossed your mind? Then watch this property update.
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