Top 5 resolutions for landlords

As another year begins it's a useful time to re-think and refine your role as a landlord in order to provide the best service for your tenant and maximise your property's profit potential. Below are five simple resolutions that should be on every investment landlord's 'To Do...


Winter-proof your home from top to bottom

There are loads of simple things you can do around your house to keep it cosy this winter. Here are our eight top tips to make your home warm from top to bottom, starting with your roof. 1. Give your gutters a clear-out It’s not a nice job but at this time of year it’...


Projects that will add value to your home

We all want to add that extra bit of value to our homes , but doing so can often be a lot easier said than done. Throwing a load of cash at various renovation projects is all good and well, but if you’re not improving the right areas of your home, the return on investment...


The REAL cost of 'kidults' living at home

Grown-up children typically move out of their childhood home aged 30, leaving their parents £20,000 out of pocket.   What’s the latest? A whopping 79% of parents still have at least one grown-up child living with them at home, leaving them an...


Top 5 property takeaways from the 2016 Autumn Statement

New Chancellor, Philip Hammond delivered his first (and last) Autumn Statement. But how will it affect all things property? Take a minute to find out.   All eyes were on Philip Hammond as he delivered the 2016 Autumn Statement in the House of Commons on Wednesday. It was...


Fee-free mortgage deals soar

There are now more mortgage deals offering a no-fee option than ever, according to Moneyfacts.   What’s the latest? The number of fixed rate mortgages that do not have an arrangement fee has more than DOUBLED during the past year. There are now a total of 1,...


Khan speeds up planning to combat London housing crisis

The Mayor of London, Sadiq Khan, has today set out new planning rules to speed up the building of more affordable housing, alongside plans for how an investment of £3.15bn will support 90,000 new affordable homes in the capital. The Mayor's new funding programme details...


2.6M renters facing a rent increase

Online letting agent, Upad.co.uk, has compiled a new survey and revealed that, as a result of the recent announcement made by the Chancellor in the Autumn Statement to remove this charge to tenants, 40% of landlords now plan to increase rents if they are left to pick up the cost...


FTBs in London pay 750% more stamp duty than rest of the country

Independent estate agent, haart, has called on the government to cut the cost of stamp duty for first time buyers, after revealing the full extent of the impact in the capital. Due to London’s spiralling house prices, the government’s stamp duty reforms over the last...


Do landlords believe the government is anti-investor?

According to a snap survey by Martin & Co, more than 92% of landlords believe the Government is anti-landlord and are calling for the Chancellor to back them in the Autumn Statement. The research  reveals the anger felt by the majority of property investors nationwide...


Housing market bounces back after referendum vote

The number of potential buyers looking to move is back up to levels not seen since June, according to NAEA.   A trio of data suggests the UK is shrugging off the impact of Brexit with the housing market rebounding to pre-referendum levels. There was a 16% jump in...


Rents hold steady as supply soars to 18-month high

The supply of rental homes has risen “astronomically” in recent months, according to ARLA.   The cost of being a tenant held steady in September as the number of homes available to rent hit an 18-month high. The supply of rental homes has risen “...


Heathrow Third Runway: What happens next for west London?

A third runway at Heathrow Airport has been backed by Prime Minister Theresa May and the cabinet, but what happens now? As the £16 billion plan to increase flights to 700,000 a year by 2030 comes to the forefront, residents and businesses alike are eager to know what steps...


Homeownership levels dive to 30-year low

Housing affordability is not just a problem confined to London and the south east, as new research finds. What’s the latest? Homeownership levels in England have fallen to a 30-year low with affordability issues reaching far beyond London and the south east. The...


Home building up in spite of Brexit fears

The number of new home registrations hit its highest level in a single quarter since 2007 between April and June, according to NHBC. What’s the latest? The number of new homes earmarked for construction hit its HIGHEST level in a single quarter since 2007 between April...


Living near a supermarket can add £22,000 to your house price

And the 'Waitrose Effect' can boost your property value even further, by nearly £40,000, according to Lloyds Bank. What’s the latest? Homes located close to a well-known supermarket can cost a cool £22,000 more than those in the surrounding area. And...


When is H&M opening in Hayes and how can I get a discount?

The popular high street fashion chain is coming to Hillingdon borough this summer Shopaholics in Hayes will soon be able to feast their eyes on H&M collections after the store formally announced its opening in the area. The popular clothing and home store is set to open at...


North-south house price gap reaches £169k RECORD high.

The average cost of a home in the south of England now stands at £324,078 compared with £155,222 in the north, according to Nationwide Building Society.   By Nicky Burridge June 29, 2016  What’s the latest? The north-south house price gap in...


Bank of England "keeping an eye on buy to let" for Brexit problems

Bank of England governor Mark Carney says the bank is keeping a close eye on the buy to let market - but did not hint at the arrival of any further lending restrictions. In questions after his six-monthly Financial Stability Report, he said reviewing the levels of borrowing and...


Commercial property fund freeze – all you need to know

Standard Life and Aviva have suspended trading in nearly £5bn worth of funds after the Brexit vote. Should we be worried? Commercial property funds have emerged as a weak link in the financial sector in the wake of the Brexit vote. Two funds have been suspended in...


Safe Agent Awarness Week

From the 6th June to 10th June our office was got involved in SafeAgent Awarness Week. What is SafeAgent Awarness week you may ask, well its helping landlords and tenants understand the benefits of using a registered SafeAgent (such as ourselves)   SAFE (SAFE Agent Fully...


A UK vote to leave the European Union would cause an "immediate economic shock" that could hold back growth in house prices, the chancellor has said. In the event of a vote for Brexit, by 2018, houses could be worth up to 18% less than if the UK voted to remain, George...


Ramdan Mubarak

We would like to take this opportunity to wish all our clients who are celebrating Ramadam this month well wishes...


Rental increases continue to outpace inflation

Paying out rent while trying to save for a deposit on a home? New ONS figures show times are getting even tougher. What’s the latest? The cost of being a tenant is rising at nearly NINE times the rate of inflation. Private sector rents increased by 2.6% in the year to...


Home repossessions fall to record low

If this rate continues through 2016, the annual number of repossessions will be lower than any year since 1982, says CML.   What’s the latest? The number of people losing their homes has fallen to its lowest level since records began. Lenders repossessed only 2,100...


Hayes home 'severely damaged' in early morning blaze

Police are investigating a house fire on Fairdale Gardens, off Coldharbour Lane which took two hours to control The police and the fire brigade are investigating a blaze which completely destroyed the roof of a home in Hayes. Four fire engines, 21 firefighters and police...


Were Hiring!

Due to busy year, we are currenlty looking for a trainee sales negotiator to come work in our Hayes office. Duties for the successful candidate will include: - Arranging viewings and showing potential tenants around properties - Advising clients about the sales process - Sell...


Townmead Youth FC Fun Day

Simple Estate Agents are the proud sponsors of Townmead Youth FC funday which is being held on 25th June 2016between 12 noon and 4pm. There will be: -bouncy castle -raffle -fair rides -tombola -Bbq -And much more!!   We would like to invite all our clients to come...


Housing market pauses following Stamp Duty rush

House prices increased by 0.2% in April, the lowest monthly increase since last November. What’s the latest? House prices edged ahead by 0.2% in April as the property market settled back following the rush to beat higher Stamp Duty charges. It was the lowest monthly...


Over 3 million families spend a THIRD of income on housing

Many households now spend a “perilously high share” of their income on housing, warns Resolution Foundation. What’s the latest? More than 3 million households now spend at least a third of their income on housing costs. And that figure has more than doubled...


Get ready for another buy to let rush, warns mortgage lender

A buy to let lender says new underwriting rules from the Prudential Regulation Authority could trigger another rush to snap up investment properties. The PRA issued its consultation paper on underwriting standards for buy to let mortgage contracts lst month in March this year...


House prices rise at fastest pace in a year...

The typical cost of a home smashed through the £200,000 barrier in March as property values increased at their fastest annual rate in just over a year. At £200,251, average house prices were 5.7% higher in March compared with the same month in 2015, according to...


Second home Stamp Duty hike set to put brakes on housing market

The housing market, both prices and the number of sales, is expected to cool when the new 3% Stamp Duty surcharge kicks in this April, says RICS. What’s the latest? The housing market looks set to slow down when the higher Stamp Duty rate for investors comes into force...


Tougher mortgage tests on the horizon for landlords

The Bank of England regulatory arm has unveiled a consultation on reforming the buy-to-let mortgage market. The buy-to-let sector has hit the headlines again with the announcement that landlords could face tougher affordability checks and tighter limits on the amount they can...


Hayes flat development lies dormant despite urgent pleas for housing

Construction on a block of flats next to Hayes and Harlington station has stopped, despite tearful pleas for housing in the area. A Hayes councillor is calling for developers to take hasty action, after hearing residents' tearful pleas for help finding somewhere to live...


Mortgage fees hit 21-month high

Borrowers typically fork out nearly £1,000 just to take out a mortgage after arrangement fees soared to a 21-month high. The average mortgage arrangement fee is currently £956 - £68 more than it was in June 2014, according to financial information group...


Bank of England votes unanimously to hold interest rates

the latest? Interest rates look set to remain at a record low for longer than previously expected after the Bank of England slashed growth forecasts for the UK economy. The Bank’s nine-strong Monetary Policy Committee voted unanimously to keep rates on hold, ending a six-...


House prices soar by £3,500 in December alone to hit new high

But growth has eased for the second month running, warned Halifax. What’s the latest? House prices soared by 1.7% in December to hit a new record high. The average value of a UK property increased by nearly £3,500 last month to stand at £208,286, according...


Take a look at Crossrail improvement works carried out over Christmas

The engineering work disrupted services over the festive period, but is now complete More than 2,000 workers from Network Rail were out on the railway in west London over Christmas as part of the Crossrail engineering works. A total of 1,300 metres of new track was laid, along...


Hayes town centre could have larger Lidl store

Hayes town centre could have a bigger new Lidl food store, if members of the public respond well to their proposal. Hillingdon Council are inviting comments from residents about a new 2,741sqm supermarket, which has increased in size since the discount food store initially set...


West London boroughs to receive millions for improvement projects

West London boroughs will each receive millions of pounds of investment towards 'improvement projects', following a cash injection from TfL and the Mayor of London. Transport projects and town centres across London will get a share of £148 million in a New Year...