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Here we share news and views on both the local letting market in & around Oxfordshire and all planned and recent legislation.
We are now just over a week away from Property Intelligence, Oxfordshire’s number one property seminar. Finders Keepers began running these seminars to inform and educate our clients on the latest property news, trends and legislation and they are hugely popular with attendees – indeed, this year’s event has sold out a week early!
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A bad letting agent is not always measurable by the quality of the tenant they produce. A good agent is more likely to have done their due diligence and therefore supply a well referenced, quality tenant. However, a bad letting agent can be good at the letting side and then let you down with the quality of the ongoing management of the property. Our Central Oxford team recently listed a property where the landlord had had this experience elsewhere:
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We believe in long term relationships, and in the importance of taking the time to get things right. All of our Property Managers are based in offices local to their properties, each having their own dedicated portfolio of properties. The benefit of this is that they know the history of the property and can build relationships and trust with the landlord, which is at the heart of good service. Property Department Manager Adrian Higgins has been with Finders Keepers since 2007 managing a portfolio of properties in the area. One landlord has been very pleased to have had the same Property Manager for her modern 2 bedroom, 2 bathroom apartment in East Oxford for the last 10 years:
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Even though we are in the ‘busy summer months’ of letting, our team retains its focus on matching the right tenant to the right property. They know that just putting anyone in now for the sake of securing a tenant is very short-sighted and can cause issues later down the line if
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The rush for investors to buy before the stamp duty changes last year has made for a tricky year-on-year comparison for Quarter 2 evidenced by the amount lent for landlord property purchases, down by 79.5% between March 2016 and March this year(a). Although this has led at times to
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At Finders Keepers we can proudly say that we let many properties on the first viewing thanks to hard work and careful matching, because our letting team is not paid on commission. We understand that finding the right tenant works out better in the long run; fewer property management problems from tenants who were unhappy from the start and hopefully fewer tenancies for the landlord as happy tenants tend to stay longer.
The Minimum Energy Efficiency Standards (MEES) were introduced in March 2015 with the aim of improving the energy efficiency of privately rented properties. From 1st April 2018 all buildings in England or Wales will need to have a rating of A-E on their Energy Performance Certificate (EPC) before they can be rented
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© Finders Keepers Ltd. 2018