Is now the right time to invest in property?It’s certainly been a strange start to the year as lockdown was superseded by the easing of restrictions and the resulting signs of economic recovery. One of the side effects of this pandemic has been to bring both property rental and sales sharply into focus and, while […]
Lettings market strengthens as pandemic highlights importance of a home Rising demand combined with a continuing shortage of properties is ensuring both lettings and sales in most areas of the country continue an upward trajectory. Here at My Property Box, we are seeing a huge increase in interest in rental properties as soon as they […]
Using tech to improve the running of your property portfolioThe future is digital The days of landlords foraging through box files stuffed with piles of paper are long gone, as is advertising in the “to let” section of the local newspaper. Now, most landlords – including those managing just one or two properties – have […]
Why professional inventories are vital for any landlord“It was like that when I moved in.” It’s surprising how many landlords have a relaxed attitude when it comes to undertaking inventory reports. Some wrongly believe that these reports will only cover fixtures and fittings, while others feel the time and effort involved is unwarranted if they’re […]
Mass vaccinations will act as major economic stimulus One of the few things we can be certain of is that 2021 will be the year of mass vaccination, offering the property industry a much longed-for injection of certainty. There are several factors that may influence the lettings market, but all pale into insignificance when it […]
Traditionally quiet Christmas period starts early with onset of lockdown 2.0 There’s no doubt the introduction of a second lockdown across England acted as a brake on a previously buoyant lettings market. We here at My Property Box certainly saw demand slow down – even though the property industry has remained open for business throughout. […]
Property remains an appreciating asset at a time when the average savings rate has slumped to well below 1% – a record all-time low. As such, investing in property remains a hugely attractive prospect and offers solid security for those able to cut through the gloom of the daily news feed. Yes, there remains uncertainty […]
What landlords need to know to keep on the right side of the law These days landlords are required to meet a constantly changing raft of often disparate legal obligations. It leaves first-time and “accidental” landlords in a complete spin once they realise there’s more to renting out a home than ensuring the presence of […]
The rental market continues to flourish with the average UK rent standing at £909, up 1.5% on the previous month. This headline from July’s HomeLet Rental Index is one of several positive market snapshots. Exclude London, and annual growth rises to 1.8%. The figure reflects a noticeable divergence between the capital’s rental market and that […]
Concern at a possible second wave of COVID-19 is having a positive effect on the lettings market, with Chestertons, one of London’s largest players – amongst others – reporting increased activity. It seems many are spurred on to ensure they are safely ensconced in their new rental properties before any fresh lockdown measures are imposed […]
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