Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages

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Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham

Leicester Selective Licensing Scheme

Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages Leicester City Council are introducing a Selective Licensing scheme to areas of the city where there are high levels of private rented accommodation. These include parts of: Castle Fosse Saffron Stoneygate Westcotes Braunstone Park and Rowley Fields The scheme could also be introduced to other parts of the city if it was considered appropriate. Under Selective Licensing anyone who rents out a property in a designated area would be required to be licensed by Leicester City Council. The council will check that the landlord is a ‘fit and proper person’ and, through compliance with licensing conditions, is providing safe and well managed accommodation. A landlord in breach of

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Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham

Benefits of Selective Licensing in Leicester

Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages Selective licensing schemes are introduced by Councils to deal with concerns over the standard of privately rented properties in particular areas. These concerns range from Health & Safety concerns, inadequate living standards to anti-social behaviour by tenants. Landlords have a legal responsibility to protect their tenants’ welfare and to the wider community.  Selective Licensing will therefore improve the condition of rented property and the wider environment. A number of areas in Leicester and South Wigston have been highlighted as having particular problems with poor standards of accommodation and anti-social behaviour. The areas identified are not the first choice for tenants and this reflects, amongst other issues, lower than

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Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham

South Wigston, Leicester Selective Licensing

Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages Oadby and Wigston Borough Council gained agreement on 5 September 2019 from the members of the Licensing and Regulatory Committee to commence with a proposal to introduce a selective licensing scheme for rented properties in South Wigston, Leicester. The Housing Act 2004 gives Councils the power to introduce Selective Licensing Schemes for privately rented properties in order to improve standards of management in the private rented sector (PRS) and lead to an improvement of the area. South Wigston has been selected as it has areas of high crime and anti-social behaviour and almost one in three properties in the private rented sector currently fail to meet the ‘decent

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Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham

Private Landlords in Leicester Discouraged

Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages It is clear that private sector landlords in Leicester and throughout the country are being discouraged through higher taxes and punitive legislation. Just when you feel that there is nothing else the government, or prospective government, can do to make it harder for a private sector landlord to operate, something else gets thrown into the mix. As Mrs May has now resigned as Prime Minister and the race has started for her replacement, the Labour party are starting their campaign for leadership in preparation for the next general election; with that come promises, sound bites to attract various groups into voting for them, and Labour party plans for

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Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham

What Rent Should Leicester Landlords Charge?

Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages Setting the right rent levels is fundamental for Leicester landlords to achieve the maximum potential of their property. There are certain things that are common sense when considering how much rent landlords in Leicester can charge. The key is how to calculate what is a fair rent, that is appropriate for your properties and will keep your properties tenanted as long as possible. Landlords in Leicester are operating in a competitive market. As competition between the major supermarkets will determine whether we shop at Asda or Tesco, so will competition between landlords determine whether one operates at maximum capacity with a waiting list and one scratches around for

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Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham

Government announce mandatory electrical safety checks

Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages The Ministry of Housing, Communities and Local Government (MHCLG) has announced in January that mandatory five-year electrical installation checks on private rented housing in England will be introduced in a phased approach. Whilst the implementation date has not yet been clarified, MHCLG has stated its intention to introduce legislation as soon as parliamentary time allows, with letting agents and landlords being given at least six months to familiarise with the new legislation before it comes into force. A transitional period will apply for two years. In year one, all new private tenancies will be affected and in year two all existing tenancies will come within scope. Properties that

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Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham

HOW SECTION 21 NOTICE CHANGES AFFECT LANDLORDS IN LEICESTER AND LOUGHBOROUGH

Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages CHANGES TO S21 NOTICES The changes introduced by the Deregulation Act 2015 have applied to all tenancies since 1st October 2018. The new rules have applied to new tenancies for some time but from 1st October Leicestershire landlords and agents must ensure that they use the new style prescribed Section 21 Notice for all tenancies. Any old style Section 21 notices are invalid. Many additional requirements introduced by this legislation now apply to all tenancies. Most, however, require items to be given to the tenant prior to entering into the tenancy. The following must be given to the tenant and this should include any tenants prior to 1st

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Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham

TDS introduces suite of tools ahead of Tenant Fees Act

Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages Launched to coincide with the ARLA Propertymark conference earlier this month, TDS has become the first Tenancy Deposit Protection Scheme to introduce a range of free, online tools to help landlords and letting agents comply with incoming Deposit Cap legislation. The Tenant Fees Act As of 1 June 2019, landlords and letting agents in England including Leicester will only be legally allowed to take the equivalent of five weeks’ rent as a tenancy deposit on annual rents below £50,000, and the equivalent of six weeks’ rent if the annual rent is £50,000 or more on new or renewed tenancies. Any landlords or letting agents in England found to

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Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham

Long-distant property rental investment – Leicester landlords be aware

Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages ARLA Propertymark have commented on the recent article released by the Telegraph highlighting the implications faced by investors who let properties away from their local areas. This is particularly relevant to property investors in city apartments such as in Leicester and Loughborough where a high proportion of apartment sales are through property investment groups. When it comes to becoming a long-distant landlord, higher returns may seem appealing, but investors may be left out of pocket, vulnerable to fraud, faced with unruly tenants or fork out large property management fees if they’re not careful. Why investors may be tempted to buy long-distance Lower house prices and higher returns in

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Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham

Consolidation of agencies – is this the first sign of the Tenant Fees Ban taking hold?

Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages ARLA Propertymark have commented on the figures discovered in their recently published March 2019 PRS report which states that there is a record number of homes available to renters. In the latest report, an average of 203 homes are to let per member branch, up from 197 a month ago which is the highest since the association’s records began in 2015. Key Findings The number of tenants experiencing rent hikes in Leicester and Loughborough increased in February to the highest figure seen since August which is in line with the figures Nationwide Supply of rental properties letting agents in Leicester and Loughborough managed remained the same while demand

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Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham

WHAT THE INTEREST RATE RISE MEANS FOR LANDLORDS

Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages It’s finally happened: the Bank of England raised interest rates from 0.5% to 0.75%… In November 2017 the Bank of England increased interest rates for the first time in 10 years from 0.25% to 0.5%. Now, nine months later, they’ve risen again to the highest rates since 2009. Those landlords on fixed mortgages will not be affected until the end of their fixed-term. Those on a variable mortgage will see monthly payments will go up. The average homeowner on a variable rate with £200,000 left to pay on their mortgage will see repayments increase by £300 over a year. There are more than three million people in the

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Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham

Leicester Estate & Block Management Services

Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages Our Estates & Block Management Team at Butlin Property Services in Leicester have been providing estate and block management services since 1998. We provide services in Leicester and throughout the East Midlands. The majority of our clients are Resident Management Companies that own the freehold interest of their development. The residents management companies we manage are primarily made up of the owners of the flats. For further details visit our Estate & Block Management website www.butlinls.co.uk . Many of our leasehold clients in Leicester, Nottingham and Derby are landlords. Landlords that sublet their flats appreciate the services we provide. We understand it is important to provide cost effective services

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Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham

Buildings Insurance for Leicester Landlords

Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages Landlords buildings insurance is one of a number of crucial aspects for our property investors in Leicester and throughout the East Midlands. Landlords buildings insurance is there to protect their investment. It will also provide suitable alternative accommodation for tenants in the event of a major incident. Butlin Property Services provides high standard buildings insurance policies for their clients. Through UK Landlord Insurance Services Landlords in Leicester, Nottingham and Derby benefit from discounted, high standard landlord insurance policies. The insurance policies are provided by leading insurance companies such as AXA and AVIVA. For further details visit www.landlordinsurance.uk.net The savings for our Leicester, Nottingham and Derby landlords can be

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Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham

Landlords Letting in Leicester

Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages If you are a landlord looking to let your property, or you’re keen to rent in the bustling and historic city of Leicester, Butlin Property Services are here to help. Butlin Property Services is the largest independent local lettings agency in Leicester. If you have a property to let, or you are looking to rent a home in Leicester, our friendly and professional team can help. Leicester is a vibrant and multicultural city in the East Midlands. It’s the largest economy in the area and its population has boomed in recent years. Considered one of the top places to live and work in the UK, Leicester has a

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Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham

Leicester Landlords and letting agents and the new licensing scheme

Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages Leicester Landlords and letting agents need to be aware of the new licensing scheme. The licensing scheme is part of a plan to reduce the number of dangerous and sub-standard homes in Leicester. Landlords that do not comply with their statutory responsibilities will be barred from renting out properties in Leicester through a planned licensing scheme. Nearly a quarter of the 135,000 homes in the city are privately rented, and Leicester City Council officials say cases of dangerous and sub-standard living conditions, overcrowding and unethical behaviour by some landlords have prompted them to take action. Full details of the scheme have yet to be drawn up but it

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Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham

Why Landlords in Leicester Should Use Regulated Letting Agents

Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages Why Landlords in Leicester Should Use Regulated Managing Agents with Accessible Offices and Staff Finding a good tenant and managing the tenancy effectively are essential parts of being a professional landlord. Why should landlords and property investors use a managing agent to manage a property? Many landlords are perfectly competent to let and manage their property with the minimum of assistance. The purpose of a letting agent is to provide the professional assistance to landlords to ensure that the rent return for their property is maximised. If the landlord has a substantial portfolio or even just one property but also works, time can be a constraint. Letting agents are a valuable resource. They can

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Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham

Leicester landlords will benefit from energy improvements

Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages Leicester landlords will benefit from energy improvements to their property to let as it will encourage tenants through the likelihood of reduced energy bills and will allow rents to be increased. The Residential Landlords Association is calling on the Chancellor to make all energy upgrades to rental property a tax-deductible expense. Since April, all new or renewed private sector tenancies require properties to have at least an ‘E’ rating on their Energy Performance Certificate. From 2020 that will apply to all private rented homes, with the target likely to be raised to a minimum C rating by 2030. It says that if all energy improvements could be considered

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Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham

Leicester Lettings Agents Look After Your Contractors

Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages There are plenty of contractors keen for work so why should landlords and letting agents look after their contractors? A crucial part of keeping tenants satisfied for landlords and letting agents in Leicester is to have good, reliable contractors on their agency books. Plumbing and heating engineers especially!! These are the people that you will need to attend at the drop of a hat when a boiler breaks down or something is leaking (usually when you’re on holiday) so for us a good reliable plumber is worth his weight in gold. So Leicester landlords and Lettings Agents look after your contractors! Here at BPS we have a database

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Find US:

Butlin Property Services

40 Howard Road

Clarendon Park

Leicester

LE2 1XG

E: lettings@butlinps.co.uk
T: 0116 274 5778

Find US:

Butlin Property Services

77 Sibson Road

Birstall

LE4 4DX

E: lettings@butlinps.co.uk
T: 0116 274 5778

About Butlin Property Services

Butlin Property Services is a leading independent Leicester letting agent and property manager.

The company has been providing professional assistance to landlords and their tenants throughout the East Midlands since 1997.

At Butlin Property Services you will deal with qualified staff with the expertise and experience to handle all aspects of the management of your property.

Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham
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