A property that is classified as a House in Multiple Occupation (“HMO”) is generally defined as a property which is let by three or more tenants who are un-related. The exact stipulations vary from council to council but generally the consensus is very similar. Many landlords see this as an… Read More »How to convert a property into a HMO? – 5 Steps to consider
There are many different strategies out there to increase your cashflow and portfolio. However the first decision you would have to consider is the angle i.e. strategy you will embark on within property. For instance you may want to purchase a property that requires renovation with the objective of renovating… Read More »UK Buy to Let Market
It appears we are slowly getting towards some sort of “normality”. Note I did not use the word “back”. The reason being is because it is most likely going to be a new form of “normality” going forward rather than what we are use to. As currently pubs, restaurants and… Read More »Concern about the impact of Covid19 on property development
Estate agencies have been named by HM Revenue & Customs for breaching anti-money laundering regulations. The list of those breaching the rules include Landmark Sales & Lettings Limited in Reading, which is said to have failed to conduct due diligence and timing of verification. The agency was given a £5,250… Read More »HMRC names agencies breaching anti-money laundering processes
Boris Johnson has warned that the government “may have to do more” if ministers feel current lockdown rules are not enough to stem the current spike in coronavirus cases, and that could include a halt on people moving into homes in England, whether as owner-occupiers, private or social renters. The… Read More »Government says ‘it may become necessary to pause all home moves’
Introduction Established in 1985, Karma Group has grown to become a key player in the Cyprus property industry. For more than 35 years, the Karma Group has built strong relationships with its clients, thanks to its commitment to integrity, honesty, and quality. Faithful to its friendly, customer-oriented approach and all-important… Read More »A luxury resort by a harbour in Protaras Cyprus
The average UK house price is now a record £253,374 according to the Halifax – but the rate of growth is slowing. The latest index shows house prices at the end of December were 6.0 per cent higher than in the same month a year earlier. But the month-on-month price… Read More »Price growth slows as supply and demand start to fall into line
Leading leasehold experts have sharply criticised the much-hyped reforms announced by the government last week. The Leasehold Group of Companies – formerly led by the late Louie Burns – has described the reforms as “window dressing” and has called for timescales and details of how changes will be implemented. The government announced proposed reforms to the leasehold… Read More »Just Window Dressing! Leasehold experts hit out at reform proposals
Introduction. Luxury is not about money. It is about living a truly authentic life. True luxury is not found in a catalog. It is not about being the first to have whatever the latest marketing campaign is pitching. True luxury is a very personal idea. These stunning 6 bedrooms… Read More »Sobha Hartland Dubai
Millions of leaseholders will be given the right to extend their lease by a maximum term of 990 years at zero ground rent, the Housing Secretary Robert Jenrick has announced. Under the current law freeholders can increase the amount of ground rent with little or no benefit seen to those faced… Read More »Rip-Off leasehold charges to be abolished by government
