Property Inventory and Inspection App

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Property Inspection App

Professional property inventories can assist in complaints resolution

The government has announced plans to reform the redress available to tenants and private landlords, by introducing the Housing Complaints Resolution Service. It has been argued that companies which specialise in rental inventories can greatly assist landlords and tenants in compliance with schemes such as this, with tenancies supported by inventory reporting. In January 2019, […]

April 4, 2019
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The Image of Inventory Clerks

You hear often about how letting and estate agents are portrayed by landlords and tenants, new laws banning tenant fees and numerous legislations introduced to impose limitations and better trading practices on agents and inventory clerks. Some comments and outcomes may indeed be justified because of the bad practices followed by the very few in […]

April 3, 2019
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Britain’s property market remains attractive for buy to let investors despite Brexit

Many international and national HNWIs (High Net Worth Individuals) who are current investors in Britain’s property market are planning to add to their portfolios despite Brexit, according to new research. A survey conducted of HNWIs, who were defined as earning over £100,000 each year, located in South Africa, Hong Kong, Dubai and the UK, discovered […]

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Property Inspection App

How to earn income during periods of void tenancy

As the property market continues to remain in a state of change, even the traditional lettings market appears to be slowing slightly, particularly within the higher end of the market. With this in mind, 2019 must become the year that landlords start to become more creative with their property portfolios, to ensure that they are […]

April 2, 2019
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Chancellor Philip Hammond urged to rejuvenate private rented sector for landlords

Investor landlords believe that the Spring Statement, released earlier this month, provides an opportunity for the Chancellor, Philip Hammond, to bolster activity within the buy to let sector, which has remained slow, due primarily to the last Chancellor’s tax changes. Regulatory and tax changes have hit the profits of landlords considerably during the last few […]

April 1, 2019
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InventoryBase to present their market leading software to industry professionals at the annual ARLA Exhibition.

InventoryBase will be at the ARLA Conference & Exhibition at the London ExCeL, Tuesday 2nd April. The ARLA Conference and Exhibition will arrive at London’s ExCeL next week, being one of the biggest dates in the letting industry’s annual diary. InventoryBase will be exhibiting at the event, giving property professionals the opportunity to try out […]

March 29, 2019
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Property Inspection App

The only viable option for many prospective buyers is house sharing

Affordability for buying homes is a serious issue, particularly within London, which puts those wishing to purchase their first property under a significant amount of pressure. This leaves many prospective buyers facing tough decisions that go beyond cutting back on the luxuries in life, while trying to gather a deposit. Affordability constraints and high property […]

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Property Inspection App

Pilot scheme launched to increase energy efficiency of rental properties

The quality scheme endorsed by the UK government, TrustMark, has launched a new pilot scheme, in association with East Sussex Trading Standards, to improve standards of energy efficiency of rental properties. The initiative, titled the Better Homes for Hastings scheme, was launched this month at an event at Sussex Coast College, Hastings. Hastings Borough Council […]

March 27, 2019
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Property Inspection App

Lending for buy to let mortgages slumps as landlords discouraged by tax changes

New data from UK Finance has shown that activity for buy to let mortgages continued to remain stagnant in December 2018, with investor landlords taking out only 5,100 new mortgages for buy to let home purchases. This is a reduction of 5.6 per cent from December 2017. According to data provided by the organisation, the […]

March 26, 2019
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Property Inspection App

Where are the most energy-efficient properties located in the UK?

Investing in property is an effective method to accumulate wealth. However, before parting with your money, an investment strategy must be developed. Are there any green modifications which must be made to the property? The ways in which residential buildings are constructed, ventilated, insulated and heated all contribute to carbon emissions, which now seriously impacts […]

March 25, 2019
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Buy to let landlords contribute £16.1bn each year to UK economy

Collectively, buy to let landlords contribute an estimated £16.1bn to the UK economy via pre-tax spending, according to research from Kent Reliance, the mortgage lender. This is almost double the original estimate of £8.5bn made a decade ago. The most recent Tracking Landlords Cost and Economic Contributions study, which is part of the Buy to […]

March 22, 2019
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What do tenants really want from rental property?

Whether you want to prepare to let an existing property or add to your current portfolio by purchasing new property, it is essential to know what tenants are searching for when looking for a home. Different tenants have varying needs, but a new report from Zoopla has made an attempt to establish common factors which […]

March 21, 2019
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Property Inspection App

How to earn income during periods of void tenancy

As the property market continues to remain in a state of change, even the traditional lettings market appears to be slowing slightly, particularly within the higher end of the market. With this in mind, 2019 must become the year that landlords start to become more creative with their property portfolios, to ensure that they are […]

March 20, 2019
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Property Inspection App

New research shows property is still wise investment compared to pension

When saving for retirement, many are torn between investing in property or using a pension to raise funds after they finish their working life. While both have different advantages, new data provided by Key, the retirement planning service provider, has suggested that property almost always remains the better option for raising retirement funds. New analysis […]

March 19, 2019
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Property Inspection App

The significant issues which are holding back construction of new homes

New research has suggested that the restricted supply of new properties being built, along with an increase in residential property demand, will create a rise in rents and property prices during the next few years. The number of new build properties which have begun to be built has risen over the last year, but it […]

March 18, 2019
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Property Inspection App

Make your website stand out by using proptech

Estate agents will be all too aware of the three essential functions a website must include: applicant registration, a property search and the ability to submit a valuation request. However, this entry level functionality will fail to win clients. Potential vendors instead must be impressed with how the agency presents property, and be convinced that […]

March 15, 2019
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Property Inspection App

Why buy to let will remain a good investment

Benham and Reeves, the London lettings agency, has released figures which indirectly demonstrate why continuing to invest in buy to let property remains a safe and rewarding investment for the longer term. By investigating historic data of first time buyer prices obtained from the Land Registry, which looked at figures from both the UK and […]

March 14, 2019
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Property Inspection App

Is this the end of online agencies?

The property business is not without its drama, and it seems as if the UK has reached its peak of online agencies. This niche sector, once considered the scourge of the high street agent, is now reportedly in retreat. For example, in one day Purplebricks lost two crucial chief executives, along with a decrease of […]

March 13, 2019
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Property Inspection App

The cost of renting falls in the private sector

According to a recent official report, the proportion of a private tenant’s income spent on rent has continued to drop in England. Figures obtained by the latest Housing Survey in England, and based on research provided in 2017-18, has shown that private tenants paid approximately 32.9 per cent of their income on rent, on average. […]

March 12, 2019
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Property Inspection App

Is traditional property management over?

The relationship between agents, tenants and landlords in the next five years will not be the same as it is now, and was previously. This is good news for agents and landlords willing to embrace change. With the number of properties within the PRS (Private Rental Sector) more than doubling during the past fifteen years, […]

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Property Inspection App

The best cities for renting property on a single room basis

Some buy to let landlords choose to let property on a single room basis rather than renting the entirety of a property to just one family or person. Landlords claim to choose this option as it occasionally offers opportunities to receive a higher revenue per month, while tenants also enjoy reduced monthly rents as they […]

March 10, 2019
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Property Inspection App

Government considers rent control return

Earlier this month, the government published a research document within the House of Commons Library, which aims to help MPs consider the reintroduction of rent control. Since the Housing Act 1988 was introduced, rents on the majority of new private rented tenancies after the 15th January 1989 were deregulated in Wales and England. This has […]

March 8, 2019
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InventoryBase launches Multi-account update for agencies and suppliers

Today InventoryBase released their new Multi-account module for accessing multiple InventoryBase accounts from a single login. InventoryBase works with thousands of property service suppliers including independent inventory providers across the UK . As suppliers typically work with multiple agents, and in turn some agents work with multiple suppliers, InventoryBase now makes it simple to switch […]

March 7, 2019
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Property Inspection App

Overseas investors take advantage of weak pound to purchase London property

Overseas property investors are snapping up properties in the capital, with over half of all London properties on the market purchased by foreign investors in the latter half of 2018. As sterling weakened, it gave overseas buyers a beneficial exchange rate, new statistics have shown. With the dive in the value of the pound after […]

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