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Local Knowledge is Essential to Select Profitable Rental Investment Properties

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  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 a
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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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Secluded and Charming Properties for Sale Near Chichester’s Quaint Villages

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  One of the key priorities many buyers ask for is a blend of privacy and tranquility without sacrificing convenience. The West Sussex region delivers beautifully, with a number of characterful and charming villages that remain close to major transport links, outstanding schools and universities, and amenities such as shops, theatres and restaurants.   Living in a village is often aspirational, with a sense of community, safety and seclusion that can be difficult to find in larger towns and cities, and with traditional cottages and stunning rural heritage properties that offer a superb lifestyle for any family.   Let’s look at some of the most popular villages within a short distance of Chichester and why they remain some of the most sought-after and prestigious places to live in our wonderful part of the country.   Exploring the Villages around Chichester and West Sussex Many of the villages nearby are set against the backdrop of Chichester Harbour and the coastline, ste
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Chichester Property Rentals With Expert Agents: Making Renting Easy

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  As anybody who has visited, lived or worked in Chichester will agree, the elegant cathedral city is a beautiful place to live, with a wide array of properties from period homes and charming coastal residences to ultra-modern new-builds and central apartments.   Being just a stone’s throw from the wide, sweeping open spaces of the South Downs and close to the traditional villages that characterise the coastline, rocky beaches and harbour area provides a superb combination of convenience, accessibility and semi-rural living – yet within a thriving, busy city region.   Today, we’re looking into the complexity of finding a home in Chichester for tenants, given the strong demand for high-quality properties and the challenge of being the first to attend a viewing and confirm a rental agreement for homes in the most desirable areas.   The Benefits of Renting a Home in Chichester Chichester is a unique location; the city is small and has a rich culture and history that effortle
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