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  • Property management Marylebone

    How to maximise the value of your property portfolio across London? If you’re a landlord, you might be considering maximising the value of your rental portfolio. A property portfolio is a collection of property investments which are owned by a company or individual. The main benefit of a property portfolio is that it gives you better access to equity and gives you multiple streams of income. Becoming a property investor in Marylebone i...

  • Tax and legislative changes

    With so many tax and legislative changes for the rental market, it’s difficult to keep up with it all. We thought it might be useful to give you a rundown of everything that will be happening in 2020.   1) Capital Gains Tax There will be two significant changes to CGT on any properties you sell that are not your main home. Lettings Relief means that if you lived in your second property at any point, you won’t have to pay fo...

  • Real rental data for 2020

    Last month, we saw some of the first real rental data for 2020 - Homelet’s Rental Index showed average rents were up by 2.3% and by 4.4% in London, compared to January 2019. Average rent (excluding London) was £793pcm and £1,627pcm in the capital. With the Consumer Prices Index running at 1.8%, the rises were considerably above inflation, especially in London, in the areas like Marylebone, Hyde Park, Regent’s Park and May...

  • Anticipated Boris Bounce

    Ironically, before the coronavirus hit, the housing market was in rude health. The much anticipated Boris Bounce meant prices were rising across the board. According to Nationwide, annual house price growth hit 3% in March, up from 2.3% the previous month - the fastest pace since January 2018. And, after five difficult years, Prime Central London, including Marylebone, Mayfair, Hyde Park and Regent’s Park, was also showing signs of a sig...

  • Working from home

    Working from home can be quite a shock. After a lifetime of commuting to offices filled with people, buzz and banter, suddenly we are sat at home in makeshift workspaces, trying to concentrate while the world is turning upside down. For many, it’s a truly challenging transition. Don’t panic. I’ve been doing it happily for six years now, and there are some simple things you can do to make it a whole lot easier.   The bi...

  • Sales Predictions London

    2019 was a year that will live long in the memory. As we predicted, from its outset, it was dominated by Brexit. The government’s lack of majority meant their Brexit bill was continually rejected and any kind of compromise seemed impossible. By May, May was out and we had a leadership contest and a new Prime Minister - Boris Johnson. The result heightened fears over a hard Brexit, but then Johnson surprised us all by getting the EU to ag...

  • Selling A Property In Marylebone

    There is an ever increasing amount of paperwork attached to the sale of your home. If you are thinking of selling a property in Marylebone this year, your solicitor will be able to take you through the process, but below is a quick and easy guide to the kind of information you will be expected to provide:   1) Proof of identity
    You will need proof of your current address, such as a recent utility bill, as well as some sort o...

  • Rental market predictions 2020

    Rental market predictions 2020 2019 was a year marked by plunging supply levels, rising demand and prices, yet more legislation and landlord exoduses. According to Homelet’s index, the average rent rose by an inflation busting 3.2% (to November 2019) and by the same amount in London. The average rent now stands at £947pcm and £1,648 in London and £4,225 pcm In Marylebone (median). The biggest rise was in Wales (+5.2%...

  • Rental News From Manors

    Like the sales market, there is a shortage of stock in the rental market at the moment and that includes homes for rent in Marylebone. At the same time, strong demand from tenants, means we are seeing record high rents everywhere except Scotland and the North East. Outside London, rents have hit a peak of £828pcm - the biggest quarterly rise since 2015. Within London, rents are now £2,104pcm after the biggest jump at this time of yea...

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