News Archives - Page 9 of 13 - Lifeboat Lettings

Posted on 27th April 2022 27th April 2022

Rental property listings will require additional details by 31st May

Trading Standards and the government have jointly announced compulsory new data which must appear on property listings.

From 31^st May this year, a property’s council tax band or rate (for lettings and sales) and the property price and tenure information (for sales) must be included on all property listings. This applies to individual landlords advertising their properties to let as well as those advertised by lettings agents.

Posted on 29th March 2022 30th March 2022

When buying/managing with tenant in situ goes wrong?

A popular investment strategy currently – and a likely one going forwards – is to buy a property with ‘tenants in situ’. We have all seen these properties listed on Rightmove. Typically, the property does not sell as quickly as one that has vacant possession.

Posted on 29th March 2022 29th March 2022

Local property market report – What is hot in Kent, what are the buying/developing trends

In this article, we look at where the hottest property markets are in Kent as well as places where significant developments are planned for investors to keep an eye on.

In terms of house price growth, Margate in Thanet is still top of the list with house prices more than doubling over the last decade.

Posted on 28th March 2022 28th March 2022

April Legislations Updates

As always in the property rental industry there are constant changes to legislation and other rules and regulations to keep landlords on their toes. However, 2022 and 2023 are shaping up to be big ones, with many changes relevant to the industry scheduled to come into force over the next year or so. Here is the summary of changes for this month.

Posted on 2nd March 2022 4th March 2022

Rising number of guarantors needed since pandemic

Rising number of guarantors needed since pandemic.

Landlords are generally a cautious bunch – and rightly so. Aside from their main home, the rental properties they own are significant investments and therefore decisions who to rent to are not taken lightly and will always be means tested.

Posted on 2nd March 2022 2nd March 2022

Kent Property News

House prices in Kent – what is the market doing right now?
Everyone is aware by now that house prices in the UK have been rising at a rapid rate in recent months and indeed for several years (excluding the early stages of the pandemic). However, six popular towns in Kent have seen amongst the highest sustained rises in the UK over the last decade.

Posted on 1st March 2022 2nd March 2022

Interest rates rising for the first time in 3 years

As investors and landlords, we have got used to low bank of England lending rates, but rates are now on the rise for the first time in three years, so should we be concerned about this?

Posted on 9th February 2022 9th February 2022

Government Launches ‘Levelling Up’ White Paper

The government has recently issued its much anticipated ‘Levelling Up’ white paper. The package includes twelve target areas, which will be focused on over the next ten years to improve equality in Britain. One are of measures includes housing and within this proposes the abolition of the Sec 21 route to landlords gaining possession of their properties (so called ’no fault’ eviction). In additional a new ‘Decent Homes Standard’ has been proposed together with a focus on tackling rogue landlords.

Posted on 8th February 2022 8th February 2022

Join The Team!

Looking for a part time Financial Controller to join our expanding Lettings Agency in East Brabourne, near Ashford.

Approximately 21 hours per week from Monday through to Friday (can be negotiable for right candidate). Mostly home based but will need to come in the office infrequently.

The successful applicant must have bookkeeping experience with Quickbooks, Quickbooks Plus or similar and be able to do VAT, payroll and pension processes.

If you are interested in this position or would like more information, please send cover letter and CV to richard.poynter@thepropertylifeboat.co.uk

Posted on 28th January 2022 28th January 2022

Where is the next property deal? Where should landlords look to find their next best buy?

The property market is an ever-changing arena and investing in property can seem daunting to the beginner. However, even established investor-landlords can from time-to-time benefit from a rethink of strategy or some ‘inspiration’ to find their next deal. This can happen for a variety of reasons.

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