The Bank of England has cut the base rate to 4.25%. Here’s how it will impact interest rates and the mortgage market, and what it means for your move.Ahead of today’s meeting of the Bank's Monetary Policy Committee (MPC), commentators had been split over whether we’d see another base rate cut - with some suggesting the Bank would hold rates, and others predicting a bolder move.But it’s now been...
As the UK housing market continues to challenge tenants and property owners alike, many businesses are exploring ways to support their workforce including by providing housing. But can a company rent a house for an employee in the UK? The answer is yes, and the arrangement is known as a company let.In this guide, we’ll explore how company lets work, their legal implications, tax considerations, and the...
The question of who pays the council tax on a rental property is one that is commonly asked by both landlords and tenants. The answer to the question actually varies depending on certain circumstances, and rental property types. What is council tax? Council tax is set by the local authority and is graded according to the value of the property. The fees cover services provided by the council, including...
If you’re a landlord, or considering becoming one, you may well be wondering what is property management? The term refers to the management and overseeing of one or more properties. A property manager forms the middle ground between landlord and tenant, and their role will encompass a whole host of elements, from sourcing and referencing tenants to rent collection, property maintenance and dealing with...