The hottest London property deals

As the UK property market emerges from lockdown, there has been a reported surge in buyer demand. According to property portal Zoopla, buyer demand is 54% stronger than it was before lockdown and sales have risen by 137% since the market reopened on 13 May.

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Changes to Capital Gains Tax in 2020 – what you need to know

The last few years have seen a number of changes to the UK’s tax regime with the latest coming into force on April 6th 2020. The changes affect the Capital Gains Tax (CGT) reporting deadlines and the amount payable when an individual sells a residential property that they have not used as their main home …

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Can landlords increase rent?

A. In the case of fixed-term tenancies, landlords cannot increase rents unless there is a mutual agreement with the tenant. Alternatively, they must wait until the rental term expires which is why it is so important to have a professionally drawn up contract that lets both parties know where they stand, what their responsibilities are …

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Can a landlord keep my deposit?

A. Unless there are deductions to be considered, you should be able to get your full deposit back from the landlord at the end of the tenancy. The reason why you may not get the full amount could be due to unpaid rent, damage to the property, missing inventory items, cleaning of the property and …

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Is it worth setting up a company for buy to let? Or should a landlord buy in their personal name?

Over the last few years there have been lots of tax changes affecting buy-to-let ownership including restrictions on mortgage relief and changes to the wear and tear allowance.  These have negatively affected many landlords’ incomes, prompting owners of rental properties to consider whether it would be more tax efficient to incorporate – ie set up …

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Tenant Fees Act 2019 – fees ban now applies to all tenancies

The Tenant Fees Act 2019 came into effect on June 1st 2019, making it unlawful for letting agents and landlords in the private rented sector (PRS) in England to charge fees to tenants. There is also a cap on tenancy deposits.

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London Property webinars to keep you updated throughout Covid-19

While it seems good and proper to take a long hard look at the causes of the global Covid-19 disruption, investors tend to be forward thinkers and will already be putting in place their plans for a post-pandemic future. To this end, we at Benhams are quite happy to leave the debrief to government bodies …

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New Electrical Safety Regulations for Landlords

The UK Government is soon to introduce new Electrical Safety Regulations, requiring landlords and letting agents to ensure electrical installation inspections are carried out on all new tenancies in England from 1st July 2020 or from 1st April 2021 for existing tenancies.

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London property is back with a bang

Marc von Grundherr, Director of Benham & Reeves talks about how after several years of subdued house price growth, the recent General Election victory by the Conservatives has offered a sense of stability and greater confidence to property investors.

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Top 10 things to watch out for in London property in 2020

Landlords have faced some major issues over the last few years – new lettings regulations and property taxes as well as the impact of Brexit. And 2020 is likely to deliver more challenges, from a proposed increase in Stamp Duty for overseas buyers to changes to Capital Gains Tax. It’s certainly not an easy time …

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5% Rental Guarantee Solution for Landlords

Benham & Reeves are now offering purchasers of Barratt London homes, a guaranteed** 5% rental yield for 24 months, at some of their latest developments in London.

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Success at Nine Elms Point

The final phase of new rental homes has started to complete in Nine Elms Point a highly popular scheme in the Nine Elms regeneration area. Despite these new homes completing during the autumn season,demand has been the strongest we have ever seen for a new property development! The first 25 homes that completed were let …

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