Current legislation means that if a property doesn't have a valid Energy Performance Certificate (EPC) rating of ‘E’ or above, then it cannot legally be let. With soaring energy prices a real problem for all of us, an energy efficient home is now on a higher proportion of prospective tenants' wish lists. Not only are we all becoming (rightfully) more environmentally aware when it comes to our properties, but for tenants, a higher EPC rating means lower bills, a decrease in the risk of mould and a warmer place to live.
Is Now The RIGHT Time To Become A London Landlord?
2020 saw landlords fall victim to empty properties and reduced rents in a bid to cling onto the remaining city dwellers. But fast forward 18 months post-pandemic and according to reports from London estate agents, the tide is turning on the London rental market, as renters look to return to urban life.
Thinking Of Buying A Staycation Property?
So, are you thinking of jumping on the second home bandwagon? Whether it’s switching an existing let property from a long-term rental to capitalise on the more lucrative short-stay market, or buying a second property or even adding to their portfolio, there is a boom in UK buy-to-let and second home property purchases happening right now.