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The Tenant Fees Act sets out the government’s approach to banning letting fees paid by tenants in the private rented sector and capping tenancy deposits in England.

The aim of the Act is to reduce the costs that tenants can face at the outset, and throughout, a tenancy, and is part of a wider package of measures aimed at rebalancing the relationship between tenants and landlords to deliver a fairer, good quality and more affordable private rented sector.

Tenants will be able to see, at a glance, what a given property will cost them in the advertised rent with no hidden costs. The party that contracts the service – the landlord – will be responsible for paying for the service, which will help to ensure that the fees charged reflect the real economic value of the services provided and sharpen letting agents’ incentive to compete for landlords’ business.

The ban on tenant fees will come into force on 1 June 2019.

The government will shortly be publishing guidance for tenants, landlords and letting agents to help explain how the legislation affects them. Keep an eye on our Blog for further updates.

Source: https://services.parliament.uk/Bills/2017-19/tenantfees.html

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According to the latest surveys, buying a home is majorly influenced by ‘love at first sight’. One in two buyers decide after the first visit and don’t need another one to make a bid on a home.

How to use the front of your home to its best advantage

Photo source: https://bit.ly/2Assr33

  1. Add a splash of colour
  2. Get floral
  3. Light it up
  4. Improve your curb appeal
  5. Add accessories to your door
  6. Maintain your garden
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Home automation and smart home add-on-s are obviously a trend. An indicator is the request and the rise in payment for those offering those services.

Smart home projects double over 12 months

Photo source: https://bit.ly/2x5GpDi

 

 

The average pay rates for the most popular smart home installation tasks are:

– smart sprinkler systems … £120 / hour vs £18 / hour for a landscaper
– smart lights … £60 / hour vs £45 / hour for lighting installer / electrician
– lock and home security … £100 / hour for surveillance cameras, smart locks & security systems installation vs £60 / hour for a locksmith
– heating … £80 / hour for a smart thermostat installation vs £50 / hour for a plumber
– smart TV … £60 / hour vs £30 / hour for a TV installer / handyman
– smart home hubs … £50 / hour (no qualification required)

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Adding value to your property should be a constant concern for anybody wanting to sell in a more proximate or distant future. Here are some easy improvements that you can do by yourself:

  1. high end windows
  2. modern railing for the staircase
  3. farmhouse backslash
  4. faux expensive molding
  5. faux drop ceiling
  6. upscale garage door
  7. embellished bifold door
  8. framed bathroom mirror
  9. fresh up cabinets
  10. custom accent wall

How to increase your home's value

10 inexpensive ways to increase your home's value.

Posted by Hometalk on Sunday, 1 July 2018

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Monetizing your second house should be a ‘must’ if you’re seeking for means of income.

If this property is based in the city, renting it is a good way to ensure yourself of a monthly income according to the rental market.

If the property is isolated or located in a nice vacation spot you should consider renting it for vacations. Families usually search for these kind of cozy homes for seasonal small vacations and your offer might be exactly what they need.

You should consider a couple of things before putting your second home up for rent as a vacation hub!

Check out the article below for some useful tips!

Renting Out Your Second Home As A Holiday Let Property

 

Photo source: https://bit.ly/2yQpfMI

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Freelancer or just working remotely? Either way, if your home is your office, you might want to check out if your home is a efficiency boosting environment.

Source:

Six features your house needs if you work from home

  1. The office – an area created especially for working, close to Wifi, away from distractions.
  2. Additional working areas – maybe you can work from the couch, too. But how do you manage to ignore the TV?
  3. Temperature control.
  4. Natural light.
  5. Visible greenery.
  6. Open space.

Here are some available offers that comply with these working ‘standards’!

Photo source: https://bit.ly/2PGgf3A

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