The UK property landscape is evolving, and with the Renters Reform Bill having its second reading, it's crucial for landlords to stay informed. The bill aims to balance the scales, providing security for renters and assurance for landlords. Here's what you need to know: Key Changes Proposed by the Bill End of 'No Fault' Evictions: The bill proposes to abolish Section 21, ending 'no fault' evictions...
In this Halloween Special, we look at five scary things landlords in London need to be mindful of to avoid nightmares. 1. The ghostly guarantee of quick tenants Some letting agents will convince landlords that finding tenants is a quick and painless process. However, rushing it without proper checks and considerations can lead to choosing the wrong tenant. Patience and due diligence will save you...
Next time you’re about to make an online purchase, pause for a second and ask yourself one simple question: Could I buy this locally? With retail experts predicting that 15,000 shops could shut for good by the end of 20251, it’s not an exaggeration to say that the UK’s high streets are in a perilous position. So, the next time you need to buy something, be it an everyday item or a one-off...
We're absolutely delighted to announce that MyLondonHome has been honoured with three awards at The Estate and Letting Agents Customer Service Awards 2023. These accolades further solidify our reputation as one of the best estate agents and letting agents in London. The Awards We're thrilled to share that MyLondonHome received the following: Silver Award in London for Sales Bronze Award...
Remember those post-lockdown days when selling a property was as easy as putting it on a property portal and waiting for the phone to ring off the hook? Those days are behind us. The selling market has become increasingly challenging, demanding more than just a ‘For Sale’ sign outside and that property portal listing. Today, selling a home in London requires skill, expertise, hard work and the...
For London landlords, having the right insurance coverage is not just a box to tick; it's an essential safeguard for your investments. However, simply having insurance is not enough; you must understand the policy's specific requirements and ensure everything is declared accurately. In the cautionary tale below, we’ll see the consequences a landlord faced due to a small oversight. The names and...
If you’re feeling tired, grumpy and an overwhelming urge to hibernate as the autumn days get shorter and cooler, you’re not alone. Many people experience a dip in mood and energy at this time of year. But before you dive for cover under the duvet, here are some tips to help you deal with – and maybe even enjoy – the seasonal changes we face at this time of year. Embrace the elements “There's...
In this quick read, we delve into the importance of accurate valuations – and how to price your property with precision. Don’t be tricked into high listing prices The saying “stick it on high and wait for offers” is a common myth that doesn’t align with current market trends. A listing will gain the most attention within the first 48 hours of going live. If priced too high, prospective buyers...
It’s every landlord’s worst nightmare: you discover the people you thought were trusted tenants are actually crooks using your property for illegal activity. As a result, you face hefty repair bills, loss of income and a battle with your insurer. You may also find yourself at the centre of a police investigation. Now, this is a worst-case scenario; most tenants are law-abiding, so there’s no...
Buying a home is a huge decision – possibly one of the biggest you’ll make in your lifetime (no pressure then). And to ensure you make a wise choice that suits your needs now and into the future, it pays to give the process a bit of thought before you start arranging viewings. Here are five property-hunting tips that could save you time and money. 1. Do your homework Once you’ve...