Oakwood Property Solicitors’ Post

We've heard the saying, 'you get what you pay for,' and it applies to engaging maintenance contractors too! When selecting a contractor for your investment property, we consider several factors beyond price, including: 👉Is the contractor licensed for the trade? 👉Is the contractor insured, or do you carry the risk? 👉Can the contractor provide references for similar work? These are just a few questions we ask to ensure the best service for our landlords. For more details on how we choose our tradespeople, contact us today! 📞: 93000787 . . . #propertymanagement #realestate #property #propertyinvestment #propertymanager #realestateagent #perth #propertywest #perthproperty #realtor #investment #home #properties #rentalproperty #realestateinvesting #rent #investmentproperty #propertyinvestor #propertydevelopment #realestateinvestor #construction #rentals #business #propertymaintenance #house #landlords #forrent #luxury #rentalincome #australia

From the of 1st April 2027, new leases in the UK must achieve a minimum EPC rating of C, with this requirement tightening to a minimum rating of B by 2030. Non-compliance could result in substantial fines and difficulties in letting properties. Both landlords and tenants should be mindful of the potential cost implications, which could escalate based on the severity of the breach. This change is a key element of the UK's broader strategy to achieve net-zero emissions by 2050. Our Crawley-based director, Stephen Ray, recently provided advice to help a tenant renew their lease while structuring it to achieve an EPC rating of B by 2029, in alignment with upcoming legislation. Following negotiations, the landlord and tenant agreed on terms that included the tenant carrying out the necessary work to upgrade to EPC B in exchange for a substantial rent-free period, competitive market rent, and other incentives. Demand remains strong for good quality industrial units, particularly with A/B EPC ratings, with supply still struggling to keep up. For any queries please contact: sray@shw.co.uk #Industrial #Property #LeaseAdvisory #EPC #MEES #legislation #tenants #industrial #realestate

EPC Alert!🔔 Did you know that more than one-third of ALL properties that are currently up for sale have an EPC rating below C. This news arises as The Labour Party has recently committed to ensuring that all privately rented properties achieve an EPC rating of C or higher by 2030. So what does this mean.... Currently, Wales, with 50.1% of sale properties under a C rating, is the worst-performing region in the UK. The average cost of improvements to reach a C rating estimated at £8,000 puts a dent in Welsh landlord buy-to-let prospects. What can you do... •⁠ ⁠Make use of your Energy Performance Assessors EPC report. They'll be able to advise on the most cost-effective improvements •⁠ ⁠Act Now. All landlords should consider energy improvements whenever undertaking property refurbishment. For example, if you are carrying out plastering, should insulation be considered as well? •⁠ ⁠Don't Panic - these improvements are positive investments for your property. Your property becomes more desirable to prospective tenants and will stand out with comparables #flathomes #epcrates #epc #landlords #property #lettingagents #lettings #labourparty #wales

Are your properties ready for the future of letting? Recent stats reveal: Over 67% of landlords currently own properties that don’t meet the government’s proposed EPC ‘C’ targets. By 2030, all private rented sector homes must comply. While 92% of landlords are aware of the requirements, only 67% understand the full details. And just 42% are planning to take action. The clock is ticking. Making these improvements now ensures you stay ahead of the curve and safeguard your investments. We’re here to help you navigate this process with ease – from understanding the regulations to planning cost-effective improvements. Ready to start? Let’s chat about how you can get your properties EPC-compliant well before the deadline. #propertymanagement #spencerharvey #stockportpropertymanagers #stockportlettingagents #epccompliance #landlords

ProcurePro's February Construction News Round-Up is here, highlighting this month’s key stories in the industry across Australia, New Zealand, and the UK! 🏗️ This month’s stories include: ☑️ Structural reforms that are being proposed to stimulate Australian housing ☑️ New payment protections for WA subcontractors ☑️ The impact of rising construction costs in New Zealand ☑️ Why UK economists are optimistic about future construction growth https://hubs.li/Q02mFgt60 #ConTech #procurement #construction #constructiontechnology #constructionnews

Research by Zero Deposit estimates the total bill to bring all #rentalproperties up to a MEES of EPC C to be in excess on twenty million pounds. LandlordZONE reports. #landlords #lettingagents #propertymanagers #propertymanagement https://lnkd.in/epPG5ibe

Did you know that all properties in the private rental sector will be required to have an EPC rating of at least 'C' by 2030? 🏠 If your property doesn't meet this standard, you will be prohibited from renting it out. This new regulation aims to improve energy efficiency and reduce carbon emissions in the rental sector. 🌱 It's important to note that many rented homes are currently below decent standards. This regulation aims to address this issue and ensure that all tenants have access to warmer homes and lower energy bills. Chris Norris, Policy Director for the National Residential Landlords Association (NRLA), has called for a financial package to support landlords with the necessary upgrades. A consultation on this matter is expected later this year and may include a cap on the amount landlords will have to spend on upgrade work. Stay informed about these upcoming changes and take proactive steps to ensure your rental property meets the required EPC standards. Follow me for more updates on landlord and tenant law and stay ahead of the curve! #landlordlaw #landlord #uklandlord #propertymanagement #rentalproperty #epc #energyefficiency

Renovation Projects – Obtaining the necessary finance This should really be at the top of the list, because obviously if you can’t get the finance you need to first purchase and then improve the property https://lnkd.in/gX8wd9Ep #property #landlord #propertymanagement #rent #realestate #tenants #properties #investmentproperty #Commercial 

Renovation Projects – Obtaining the necessary finance This should really be at the top of the list, because obviously if you can’t get the finance you need to first purchase and then improve the property https://lnkd.in/gNb6cQPK #property #landlord #propertymanagement #rent #realestate #tenants #properties #investmentproperty #Commercial 

Despite the increase in interest rates, the substantial increase in rental prices over the past 24 months has led to a situation where the cash flow remains at least neutral for property investors 👀. #australianproperty #property #propertyinvestment #propertyinvesting #propertyinvestors #investing #investingtips #investingstrategy #investinginrealestate #australia #rents