Big Incentives to Assist with Housing Crisis

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LettingSupermarket.com are working with several boroughs throughout the UK to help them reduce their housing needs lists.

The following financial incentives are being offered through this scheme:-

• grants
• up-front payment incentives
• and in many cases we can even source Rent Guarantee Insurance.

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Selective licensing 101

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Selective licensing is a location-based government provision that requires landlords in selected areas to hold licenses that enable them to legally rent their property. If your property is in an area that has implemented selective licensing then you’ll need to apply for a license.

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Keeping costs down when refurbishing HMOs

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Compact Kitchens:

Costs can spiral with a large refurbishment project, and keeping a tight grip on budgets while getting a series of properties ready to rent out can be a challenge.

When it comes to kitchens, the temptation to go for less expensive, lower quality appliances and storage options is worth ignoring – costs might be cut, but the last thing a landlord needs is a host of unhappy tenants further down the line. So, what’s the solution?

If you haven’t already, it’s worth considering all-in-one compact kitchens. These are prebuilt units that arrive on a pallet ready to install, and the installation process itself is quick and straightforward – all that is needed is for the box to be unpacked and the kitchens maneuvered into position.

Reducing the number of man hours needed for this stage of a project has obvious appeal.

They are also particularly suited to a variety of HMO projects, and in a situation where space is at a premium, such as small flats or studio apartments, they come into their own.

Elfin Kitchens’ compact, all-in-one kitchens measure from 900mm up to 1500mm wide, and each unit comes either with or without hotplates, and with whichever combination of integrated storage, sink, tap and appliances is best suited to the property’s requirements.

The kitchens are available in eight different colours to suit a selection of interiors, and at a variety of price points. At the lowest, the Entry range offers complete simplicity with a fridge, sink and two-burner hob combined in a single unit, but there are a whole range of flexible options above that.

These options go right up to the company’s Premium 1500 product, which can be adapted to consist of a fridge, one or two under-sink cupboards, a sink and drainer, and tap. In addition, it’s also possible to incorporate a solo microwave, combination microwave or convection oven and grill, and even a six-place integrated dishwasher.

To create a superior, high-end result, the Studioline system can be included with each kitchen unit to link the wall cupboards, splashbacks and side panels.

The high-end feel can be enhanced even more when incorporating the ‘Premium bespoke’ models that have luxury touches such as soft-close drawers and doors, plus a choice of induction or ceramic hotplates with built-in safety cut-out timers. They come in right- and left-hand configurations, and there are accessible versions available too, which provide wheelchair access to meet the inclusive design requirements of the Equality Act 2010.

An added bonus for landlords is the fact that Elfin’s modular kitchen units are built to last. Manufactured in Germany from hardwearing powder-coated steel, the kitchens are extremely robust, which is ideal for certain specifications, such as student accommodation.

Finally, Elfin’s customer service is second to none. The company holds many of its models in stock and it can generally deliver within three working days, or even quicker if necessary. If Elfin doesn’t have a unit in stock, then it can normally deliver within 10 working days. It can also deliver up to 70 kitchens direct to site within two weeks of order.

As the kitchens are guaranteed for one year from the date of delivery, if there are any initial problems they are usually straightforward to iron out. So landlords looking for a high-quality, cost-effective option when embarking on a refurbishment project could find that all-in-one compact kitchens are the answer.

http://elfinkitchens.co.uk/

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Why Section 21 is necessary

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Currently there is a nationwide campaign headed up by Generation Rent and supported by Salvation Army and Crisis amongst others. The campaign has over 50,000 signatures so far calling for section 21 to be scrapped.

No-fault evictions

Section 21 evictions

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Call of the week – I’m a landlord in Wales and I’m moving abroad. Is there anything I need to consider?

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A member recently contacted us to say that they were planning on moving abroad to live in a few months time, hundreds of miles away from their two rental properties in Wales. They wanted to ask whether they had to do anything with regards to the properties when they move abroad, as they had heard […]

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Tax expert to address Future Renting conference

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Chartered Tax Advisor Sean Hughes is the latest speaker to be announced for the RLA’s Future Renting conference, now just a week away. Sean’s tax advisory company, Comprehensive Tax Planning, specialises in advising property investors to mitigate the effects of recent tax changes that have impacted the sector – primarily section 24. He will be […]

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