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How Much Should You Pay for High-Value Property Management Services?

  Tenants in exclusive locations have high expectations from their landlords, with many owners delegating day-to-day maintenance tasks to professional property management companies, adding value to the rental experience and ensuring that all necessary services are available on demand. We often hear from portfolio landlords looking for efficient property managers yet who need to understand the costs and fees involved in a comprehensive management contract. Let’s look at the essential aspects of managing rental properties to the highest standards, maintaining superb tenant relationships and what you might expect to pay for expert property management.   The Benefit of Professional Property Management Services Rental property ownership in some of the best West Sussex postcodes can be a viable, long-term investment strategy, attracting residential tenants looking for stable, quality accommodation in key locations. However, property management is often one of the concerns for own
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Stamp Duty Levies: Worth Investing in Property through a Limited Company?

  A swiftly changing tax landscape is adding more confusion to the pros and cons of purchasing a rental property as an incorporated company vs as a private individual. Many landlords have opted to transfer ownership of property assets to an SPV, a limited company specific to the property letting sector. However, where the rental property belongs to an existing company owner, they might decide to transfer ownership or invest in a new property through their commercial business. In this guide, the Tod Anstee team explores all the options, with comparable information to help you make informed decisions about which property ownership structure is right for your portfolio.   Stamp Duty Rates for Limited Companies, SPVs and Individual Property Investors Stamp duty is payable by the property investor at the point of acquisition, but rates vary depending on your tax position and legal ownership status. Limited companies pay commercial stamp duty at 15% if the property is intended a
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How Important is the ARLA Propertymark in Choosing a Letting Agent?

Landlords rely on a letting agent to take over the management, advertising, maintenance, and tenant communications linked to their rental properties, and need an agent they can trust to fulfil their expectations in terms of tenant care and professionalism. One of the many ways to assess the quality and standard of a prospective letting agent is to evaluate the accreditations, quality marks and experience they have. A well-established letting agent will always be happy to discuss their capabilities, specialisms, and expertise. Here are some of the industry-leading accreditations we hold, including the ARLA Propertymark, to explain what they mean and why they are a useful indicator of the service on offer.   What Is an ARLA-Approved Letting Agent? Propertymark is a designation awarded by the Association of Residential Letting Agents (ARLA), an industry body launched in 2017, absorbing several previous organisations. It focuses on industry standards and only accepts applicants w
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Local Knowledge is Essential to Select Profitable Rental Investment Properties

Location is always an important factor in property, especially when deciding on the best opportunities to expand a buy-to-let investment properties portfolio. Landlords may have a preferred niche, such as high-end apartments for professionals or semi-detached family residences, but local knowledge is key. For example, a well-maintained rental property marketed to tenants with children is less likely to command a premium if it is outside the catchment area for the best local schools, and vice versa. As we’ll explore below, there are advantages to working with an established agent with comprehensive experience in property sales and the letting market in any region you intend to buy.   Calculating Demand before Making a Buy-to-Let Investment Property Acquisition One of the fundamental elements of making a reliable profit through property rental is demand; both having plenty of quality tenants to select from when letting a new rental asset and ensuring that tenancies are longer-running and
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Changes to Rules for Overseas Owners of UK Properties

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  The government announced new rules linked to UK properties owned by overseas businesses in August 2022. Businesses and owners had until 31st January 2023 to report to the Register of Overseas Entities.   However, various issues, from lack of awareness to non-compliance, mean that only 19,510 of 32,440 overseas organisations submitted their details to the register before the deadline. A further 5,000 are expected to be pending. This guide explains what the register means, who it applies to, and what to do if you are obliged to declare your ownership and still need to do so.   The Purpose of the Register of Overseas Entities The logic behind the register relates to attempts by the UK government to enforce transparency around foreign nationals with business assets and properties within Britain – it is part of the Economic Crime (Transparency and Enforcement) Act 2022. One of the many problems has been the scope and breadth of the scheme, which incorporates beneficial owner
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How to Protect Your Property Portfolio from Rising Inflation

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  Property assets appreciate gradually over time and are considered a fairly inflation-proof investment since, although the economy may be sluggish, it is very unusual for bricks and mortar to drop in value. However, with rising inflation putting pressure on other aspects of owning rental properties or managing a portfolio, there is the likelihood that higher mortgage interest rates, utility costs, and council tax will impact your bottom line. Here we’ll run through some suggestions to help you maintain profitability, along with guidance about assessing the fair rental value of each rental property in your portfolio to recognise the increasing demand for quality accommodation, particularly in the most sought-after areas of West Sussex.   Why Does Inflation Impact Rental Property Profitability? Inflation itself doesn’t normally have any marked impact on the valuation of a property, but it can affect other outgoings. Managing those costs during times of swift price rises can be
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Letting Agents in Chichester for Hassle-Free Rental Management

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  Chichester has long been a fantastic location for property investors and landlords, with demand continuing to outstrip the availability of premium quality residences, well-maintained flats, and apartments for students studying at the nearby university. From holiday properties with views over the South Downs and Chichester Harbour to housing for professionals commuting into Chichester during the week, the rental market in the city is strong and stable, presenting an excellent opportunity. Here we’ll look at the complexities of managing one or several rental properties and how delegating these tasks to a reputable, experienced property lettings team can save time, cost and stress.   Common Challenges Associated With Property Rental Management A great letting agent takes over all the practicalities of your property rental management, from marketing the home when a current tenant leaves to securing deposits, running background checks, ensuring tenants are settled and happy, and dealing
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