Assured Shorthold Tenancies, also known as ASTs, are the most common type of private tenancy in the UK. For a tenancy to be eligible for an AST, it must be the tenant’s main residence and you, the landlord, must not live in the property. Other information you should know about Assured Shorthold Tenancies are: They …
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As a landlord, you will have to declare your income and costs – whether you make a profit or not – you will need to keep all records, invoices, receipts, and statements for up to six years. HMRC has various requirements, depending on which rental income bracket you fall into, so be sure to familiarise …
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A mortgage Agreement in Principle (AIP) is a document which shows that a particular lender would be willing to lend an individual a specified sum, based on the details provided about income, spending and debts. An AIP is not a 100% guarantee or a promise, it is not a formal mortgage offer either. Nor does …
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When you’re ready to sell your Help to Buy property, you will also need to repay the equity loan that you have borrowed to buy the property in the first place. This means that there are a few extra hoops to get through during the selling process. Selling a Help to Buy property is a …
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Finding the perfect property can take time and making sure you keep up to date with all the new properties on the market is vital to any landlord looking for their next investment. Boxall Brown & Jones property alerts allows you to tailor your search and get frequent email updates to let you know what …
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Buying your first home can be pretty daunting and knowing where to start can be a challenge. From finding a home that fits your needs to completing a sale and moving in, Boxall Brown & Jones will help you every step of the way. Keep reading to discover the various steps you need to take …
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After the tenancy agreement, an inventory is probably the most important document for both a landlord and tenant. For this week’s Top Tip Tuesday, our lettings team are sharing all the things landlords need to know about a professional property inventory, plus some exclusive top tips to ensure you get the most out of your …
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Inheritance tax can cost loved one’s hundreds of thousands when you die, yet it is possible to legally avoid huge amounts of it – or potentially pay none at all. The rules around inheritance tax can be hard to understand at first glance, however, it is important to get your head around it. Today’s guide …
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Are you confused about what bills are, and are not your responsibility in a rental property? For this week’s Top Tip Tuesday, we will be giving you the run down of all the bills you could be responsible for. As a tenant, rent will be your highest housing cost on a monthly basis. It is …
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Many landlords aspire to have a trustworthy, long-term tenant who pays their rent on time and keeps up with basic property maintenance. Creating a positive relationship with your tenants will not only make your life as a landlord a little easier but will also help you generate a greater return on your property investment. At …
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