Archive for Phillip James Letting Agents in Brighton & Hove

Should landlords lower rents to fund housing benefit cuts?

Local Housing Allowance (LHA) is already a bit of a mess, with many landlords choosing to shy away from this sector of the rental market (see 2 reasons why landlords say “no” to housing benefit tenants). Now, with the Government’s budget cuts, even more landlords will be turning away housing benefit tenants. Read more of this article (Should landlords lower rents to fund housing benefit cuts?) ...

The 2 reasons why landlords say “no” to housing benefit tenants

Because there are more tenants around than properties available to rent, landlords and letting agents are quite rightly, selecting the tenants in the best position. And given the choice, landlords would rather rent their properties to people in employment than people claiming housing benefit. Here, we discuss the reasons why. Read more of this article (The 2 reasons why landlords say "no" to housing benefit tenants) ...

Landlords and Capital Gains Tax

Capital Gains Tax (CGT) is a tax payable on a profit. The profit is calculated when an asset is disposed of e.g sold or given away. As landlords, we pay CGT when we dispose of a property other than our main residence. Profits are subject to an 18% tax for basic-rate taxpayers and 28% for higher-rate taxpayers. There are many exemptions and reliefs available to landlords to help reduce the amount of CGT payable. Read more of this article (Landlords and Capital Gains Tax) ...

Landlords and Interest rates – when will the love affair end?

Over the last 18 months, many landlords on variable rate deals have been making relatively low mortgage payments. In terms of cashflow at least, some landlords have never had it so good.

But what happens when interest rates go up? And they will go up. Read more of this article (Landlords and Interest rates - when will the love affair end?) ...

Lack of properties to rent in East and West Sussex causes higher rents

Tenants are seeing an increase in rents due to a lack of supply in the rental market.

As the number of available properties to rent remains low, compared to the number of potential tenants looking for property to rent, rental prices are pushed upwards. Read more of this article (Lack of properties to rent in East and West Sussex causes higher rents) ...

Rental yields rise on buy to let properties

From Phillip James Letting Agents in Worthing and Brighton & Hove. 

Landlords are achieving a better rate of return on their property investments than they have since December 2009. The latest Buy to Let Index from LSL Property shows that landlords are yielding an average of 4.8% on their buy to let properties. Read more of this article (Rental yields rise on buy to let properties) ...

Failure to regulate letting agents and managing agents will hurt leaseholders

Phillip James Letting Agents in Worthing and Brighton & Hove is a full member of the Association of Residential Letting Agents (ARLA) , the National Approved Lettings Scheme (NALS) and The Property Ombudsman for Lettings. Read more of this article (Failure to regulate letting agents and managing agents will hurt leaseholders) ...

Rental properties in Worthing and Brighton & Hove rise in value!

From Phillip James Letting Agents in Worthing and Brighton & Hove.

Landlord’s with portfolios of properties to rent in Worthing and Brighton & Hove have (at last) seen a rise in value.

Paragon Mortgages, who provide tenant assessment services and residential mortgages for landlords Read more of this article (Rental properties in Worthing and Brighton & Hove rise in value!) ...

Lettings Agents in Brighton & Hove predict strong demand for rental properties in 2010

Phillip James Letting Agents – Brighton & Hove has predicted that demand for rental property in Brighton & Hove will remain very strong in 2010.

Our opinion is backed up by lettingsearch.co.uk who believe that although the outlook for the sales market over the next 12 months remains uncertain, 2010 looks set to be a good year for landlords. Read more of this article (Lettings Agents in Brighton & Hove predict strong demand for rental properties in 2010) ...

Brighton & Hove rental prices to rise

Phillip James Letting Agents in Brighton & Hove report that many landlords and tenants believe the price of renting in Brighton & Hove will rise next year, resulting in a record number of lets being completed this November. Read more of this article (Brighton & Hove rental prices to rise) ...

Buy to let in Brighton & Hove entering a ‘new-era’

Buy to let in Brighton & Hove has changed since the global financial crisis hit us. It is only eighteen months ago when it seemed that anyone could raise a mortgage for buy to let purposes. Then the money dried up, buy to let investment pretty much dissapeared overnight. The only people investing in property in Brighton & Hove were cash buyers who could afford to take advantage of a sluggish sales market. Read more of this article (Buy to let in Brighton & Hove entering a 'new-era') ...