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.
3 Easy Ways To Greenify Your Home
Over 15% of the UK’s total carbon footprint comes from emissions created at home, so it falls to all of us to do our bit to improve our home life for the better when it comes to considering the environment. As you are in control of how you run your household and how you shop, there is no easier way to start making immediate changes, than with our three easy ways to greenify your home.
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.
How Do I Release Some Equity from My House?
Modern mortgage needs are so wide reaching for today’s homeowners, that equity release is fast becoming a more commonplace method of funding a retirement income. Having evolved hugely from their early, more rigid days, there are now far more lenders in the market offering flexible equity release products.
So, Can I Afford A House In London?
Making the decision to buy a property anywhere can be hugely daunting, and that’s before you factor in properties with a London price tag. The average price of a property in London stands at £696,453 at the time of writing, meaning that a 10% deposit stands at an eye-watering £69,600. Still, London’s allure remains strong for every market player, from first-time buyers to investors. And where there is a will, there’s a way! So, if you’ve set your sights on affording a London property, then Skyline Mortgage Consultants are here to help you reach your ultimate goal of owning your own home in the capital.