The demand for your rental property is huge right now, having increased by 10% again this year on the back of years of soaring demand.* As a landlord, you want to maximise your return on investment by achieving the best possible rent for your property. You also want to secure your investment and build a good relationship with tenants.

Location
Before buying, think about your potential tenants. Proximity to hospitals, schools, transport links, or universities may help define your target tenant. If you have already bought, remember that location is a great plus when attracting tenants.

The nicer your property the nicer your tenants
Decorate your property to the highest possible standard. Keep a neutral theme using safe colours. If there is room in your budget to improve the kitchen, flooring, and bathroom, do so. Just be careful not to overspend. A well-presented property in good condition will fetch more than a less well-prepared property. Typically, a nicer property will attract better tenants who will look after it if it’s in great condition.

Make your property as attractive as possible
When it comes to advertising your property, make sure it is clean and in tip-top shape, with all issues that need addressing sorted. Good pictures of beautiful properties will help you find great tenants quickly and fetch a better rent, while most likely creating a home that your tenants will want to keep renting. This ensures your investment.

Move with the times
Install USB sockets, energy-efficient appliances, and LED lighting. Smart meters, good insulation. Anything you can do to improve the energy efficiency of your property are in everybody’s interest. Many tenants are concerned about the cost of bills at the end of each month and will pay more in rent for a more efficient home.

The value of a great letting agent
A good letting agent will find the right tenants for your property. Whether you are renting one home or have a large property portfolio, a managed service is a smart move to make. You can choose what level of managed service you want. Finding good tenants and taking care of references, deposits, and everything from maintenance to inspections is no easy task. With a managed letting service, your investment is in safe hands, leaving you with more time for the more important things in life.

A managed letting service is the best way to move forward
As the Renters Reform Bill passes through Parliament, the future of letting your property will improve. The entire industry is being overhauled, making life easier for good tenants and good landlords. Bad landlords will find themselves forced to improve their practises. By using a managed letting service, you are already halfway to achieving great returns while minimising risk. Meeting all the current legislative changes is not something to be feared. Having an expert on your side so you can make the most of these changes ensures that your investment will thrive.

Are you a landlord, or do you want to take your first steps on the buy-to-let ladder?

Contact us today so your investment can flourish.

Zoopla*

 

There is no doubt that even in this sometimes-rainy climate, alfresco dining has increased. Outdoor living spaces are what you make them, and today, the scope for creating your perfect outdoor space is limitless. An outdoor kitchen makes a lot of sense for a UK-based property because it creates a sheltered area for you to enjoy even if the weather is changeable.

Add a pergola
A good move is to build a pergola to shelter your kitchen; that way, you could potentially use it all year. Place your kitchen against your garden wall or simply arrange it however it feels comfortable for you, but keep in mind that you want your outdoor kitchen to be a sociable space so you and your guests, family, or friends can chat and get involved in your evening.

The size of your space is not important
You don’t need to have a vast outdoor space to build an outdoor kitchen; in fact, sometimes the more compact the space, the better. There are a huge variety of ovens, barbecues, and electric hobs to choose from. Anything goes, so design it your own way. If pizza and wood are your preferences, consider building your kitchen with wood, leaving space for a pizza oven.

Build around the barbeque
Perhaps you like a traditional, real charcoal barbecue. Build your own barbeque using bricks and match them with some walls that will support your food preparation areas. You may decide to make your work surfaces moveable so that they can be stored in the shed during the winter months. On the other hand, you may own a feature barbeque, and that could be the centrepiece of your kitchen.

Make it a moveable feast
Using free-standing tables or wheeled furniture is ideal if you are planning on setting up your kitchen for a few months, a few hours, or forever. If you love tiles, then tile a table or source one. There are plenty of furnishing options that can complement your dining table.

Two in one
If you have always liked the idea of having a bar in your garden or outdoor living space, consider building it large enough so that it could also serve as a kitchen. That way, you will have solved two problems with one simple solution. Build it yourself or buy it, then stain it, and it will last for years. Add some bar stools to make it a social hub for your friends and family.

If you build, do you need planning permission?
The short answer to this question is no, as long as you don’t exceed 2.5 metres in height and your structure is less than 2 metres from your property. The positive aspect of building something more solid is its durability and all-year-round usability. Add an outdoor heater or log burner, and you could feast even when it snows!

Will an outdoor kitchen add value to your home?
Any improvements you make to the outdoor living spaces of your home will most definitely add to its value. Creating outdoor spaces that seamlessly flow from your home's indoor living spaces is becoming a must have. No longer an unattainable luxury, making them highly desirable and sought-after.

Browse our properties to find a home with the perfect indoor and outdoor living spaces for you.

 

You are relaxing with a drink in the garden, and the summer scent of flowers and sweet grass mingles with whatever you are cooking on the barbeque. You take a long sigh and feel so happy that you have made the effort to move. Perhaps you have not experienced this feeling for a while. It could be that you are a first-time buyer and are eagerly awaiting this special and unique feeling. As the market stands, there is more than just nice weather and pretty houses to tempt you into moving.

Strong sales
With the UK housing market currently sitting at 500,000 sales, many analysts expect to see these figures rise to more than one million by the end of the year.* This is good news; it means that your home will sell quickly if you put it on the market. And is more proof that the property market is vibrant and far more resilient than the gloomy picture painted by the mainstream media.

The summer rush
Many people are hastily getting on the move in time for summer, not wanting to move during the colder months of winter. Summer is a beautiful time of year to move to your ideal home and is traditionally a busy time of year. For sale signs start appearing as quickly as summer flowers, giving you more choice. But it’s best not to wait for a sign to go up; keep in touch with your friendly agent, as homes can disappear from the market as quickly as they appear. Your agent will alert you the moment the right property for you becomes available.

Surging choice of homes
With 65% more choice in homes than this time last year.* The buying process today is far more enjoyable. You no longer have to worry about making offers over the asking price. From large and small energy-efficient homes that ooze character to new builds, and interesting period properties in a multitude of rural and urban locations, the choice on today’s market is more varied than ever. Homes across the market have undergone a massive amount of improvement during the home improvement boom of recent years. That said, there are plenty of projects waiting for you to put your mark on.

Summer is a great time of year to move
The kids are off school, the days are longer, the weather is not as harsh, and moving your belongings in more clement weather is a nicer experience. It’s also a great time to meet the new neighbours for a drink in the garden or a barbeque after you move in.

Good timing
Timing counts for a lot when it comes to selling your home, and right now the market is a hive of activity. A good agent will have their finger on the pulse and have a buyer waiting for your home to make its appearance on the market.

A vision of summer living
Bright and breezy rooms with seasonal flowers, drinks on the decking as the sun goes down, or the smell of something delicious cooking on the barbeque, or a simple, more compact space with a few candles and soft music soothing you after a hard day’s work are worth making the effort for.

Don’t waste any more time and make your move this summer?

Get in touch to see how we can help.

Zoopla*

 

With a greater sense of optimism in the air, lowering mortgage rates, and a compelling choice of properties to entice you, the UK property market is feeling good. A new year always brings new trends, fresh ways of buying, interesting properties, and a fresh influx of homemovers. Now is a good time to open your mind to the endless possibilities.

Mortgage rates are falling below 4%
With sub 4% mortgage rates making a welcome appearance on the mortgage market, homemovers are excited and relieved. For many years, mortgage rates were unrealistically low, and this has created the perception that today’s rates are higher than they actually are. Mortgage rates will not in the foreseeable future return to super-low levels, and those who know this are making their moves and getting increasingly better deals. After all, you can always change your mortgage deal in a couple of years.

Homes finding new owners
More buyers means more sellers, and all bring their properties to the market at some point, for you to buy, or for them to buy yours. This hive of activity keeps the market buoyant at this time of year. Spring is just around the corner, and this is often one of the best times of the year to move thanks to longer days, and warming weather to enjoy viewings. If you decide to join the party, your agent’s database will be teeming with homemovers and may already contain the right buyer for your home.

New trends
Create your perfect work-from-home space by selling up and moving to your dream location. Making the most of your home’s equity by purchasing a buy-to-let investment or holiday let is still a very appealing option. First-time buyers can spend up to £600,000 with a 5% deposit thanks to the Mortgage Guarantee Scheme, which has been extended until June 2025. Sustainability, energy efficiency, compact living, and smart technology are also growing in popularity.

A settling market
If you are a buyer, better mortgage deals and solid pricing that represent good value put you in a good position to move, thanks to a slowdown in house price inflation in 2023. You will get a good price for your home if you are selling, and you will enjoy good value if you are buying. These are ideal conditions for finding a great property and settling down. When the property market feels calm, it makes for a more pleasant moving experience. With good guidance from an experienced agent, moving home does not have to be a stressful experience.

Inspirational properties
Sustainability and energy efficiency are blended with fun and functionality, defining your spaces but allowing them to feel connected. The growth of smart homes and smart energy, fitted with smart appliances, promises to make your life easier. Features such as glass roofs and glass-door walls, with modern, clean designs leading to homely outdoor garden spaces, even in compact homes, make for inspirational viewings. Architectural styles from every era offer space with style and a sense of timelessness with modernity in magical settings.

 

Get in touch to take a fresh approach to your new home search this February

When buying a property with the intention of flipping it, it’s important to consider whether the renovations you’re making are worthwhile. As such, here is the ultimate guide on how to spot a property with potential to add value.

Is the property in a desirable location?

Location is one of the most important factors to consider when it comes to determining the value of a property. Sometimes a property with potential is ‘the worst house on the best street’. This is why location is key, as you can’t change a home’s surroundings, but you can certainly improve the home itself.

Does the property offer space for conversion? 

A decent-sized loft or basement is something that you should keep an eye out for. These empty spaces offer the opportunity to add another bedroom, bathroom, or living area, making the property more spacious and, in turn, more attractive to buyers when it comes to selling in the future. 

Can the layout be improved with minor change? 

Try not to dismiss properties that are very segmented in their layout. Often, homes with separate rooms can easily be transformed into an open-plan layout. Keep a close eye out for properties where there is a small kitchen next to a large dining room that could be knocked through or a bathroom next to the main bedroom that could be transformed into an ensuite. 

Does the property have the potential to improve its EPC rating? 

It’s important to not disregard properties that currently have a low EPC rating. There are many ways you can increase an EPC rating by installing insulation, double or triple-glazed windows, a new heating system, energy-efficient bulbs, and many more. Selling the property in the future with a bad EPC rating will affect the value to potential buyers, so enhancing energy efficiency is a worthwhile investment.

Can all the property’s negatives be fixed?

When viewing a fixer-upper, you need to identify all the negatives so you can understand how simple it would be to solve them. You can provide the property with new windows and a paint job, but you can’t move the property away from a noisy main road. By having this in-depth screening of the property’s negatives, you can identify what changes you can approach efficiently.

How an agent can help

It can often seem that properties with clear project potential are hard to come by, but by enlisting the support of an expert agent, they can help you find the perfect fixer upper. As well as finding your dream home with potential, we can also support the sale of your current home, creating ease throughout your entire property journey.

 

Ready to start your property journey with Stevenette & Company? Contact us today for more information

Investing in buy-to-let is an exciting endeavour, but like any financial path, success isn’t guaranteed without hard work and dedication. 

In this guide, we’ll dive deep into the secrets of how to be a successful landlord and see what separates the high-flying landlords from the rest.

1 - Always staying up to date about the market

If you’re a landlord and you’re not completing thorough research about the rental market, then you could be stumping your chances of any growth. The UK rental market is forever changing with regulations, prices, and demand. By keeping yourself in the loop, you can adapt your goals and strategies to current market trends, allowing you to thrive.

2 - Secure the right financing 

A key factor in becoming a successful landlord is securing the right financing. Explore different mortgage options and understand which one will work with you. Mortgage options vary with interest rates, deposits, fees, requirements, and terms, so finding the right one for you is crucial.

3 - Always know your figures

Running a successful business relies on you understanding your figures and making sure your finances are in order. This means understanding each property's outgoings from operational costs and repairs and the monthly rental income. If you haven’t got a clear understanding of your expenses and return on investment, then you can’t calculate your profitability as a landlord.

4 - Have a property plan

Having a plan and knowing what you’re wanting out of being a landlord is a vital part of success.  Plan your target market and location by identifying an area with high demand and a promising future outlook. This will help you understand what type of properties are right for you and your future tenants to invest in, minimising void periods and maximising rental yields.

5 - Understand the appeal of your demographic

When you’re trying to become successful, you need to tailor your business strategy to what your demographic wants, ensuring you maximise your return on investment and avoid void periods. Certain features, such as open outdoor space, multiple bathrooms, neutral décor, or offering a fully furnished property, will appeal to many potential tenants. So, complete research and understand what your demographic wants in a home.

6 - Have an extensive tenant screening process

Problem tenants are the worst for landlords, wasting time and money. The extensive screening process can be achieved through credit checks, employment checks, and past references, ensuring you are protecting you and your property from any problem tenants.

7 - Having good tenant-landlord relationships

Successful landlords understand the importance of customer satisfaction as it boosts long-term tenancies and positive reviews. By always treating your tenants with respect, being transparent, and addressing their problems in the property, you will ensure a harmonious tenant-landlord relationship. By following this, you are sure to maximise your return on investment and dodge void periods in your properties.

8 - Be organised

Being a successful landlord comes with juggling many responsibilities, so by maintaining an organised schedule, you are sure to have a smooth, efficient, and successful business. These responsibilities can vary from regular property management and maintenance to staying on top of legalities, keeping track of transactions, contracts, and communication between you and tenants.

9 – Expand your portfolio gradually

It’s a good idea to re-invest the profits you make on your first investment into expanding your portfolio. With the right advice from the necessary professionals, you can increase your cash flow and make the most out of owning several properties and receiving multiple sources of income.

10 – Employing a reputable letting agent

Working with a professional letting agent can make your journey as a landlord a lot more efficient. Many letting agents provide a property management service. They can help find you suitable tenants, ensure you’re meeting legalities, deal with disputes, maintain organisation, and collect rent. Don’t limit the growth of your business and enlist the support of a letting agent.

 

Are you ready to start your landlord success journey? Contact us today for more information

If you’re looking to get on the property ladder, 2025 could be the perfect time to do exactly that. With a balanced, stable market offering exciting opportunities for first-time buyers, all you need is the help of a reputable estate agent to find your perfect property. Let’s take a look at why the market looks to be heading in the right direction for first-time buyers.

The market is balanced

One of the best reasons to step onto the property ladder in 2025 is that levels of supply and demand are becoming increasingly balanced. With the number of homes for sale hitting a seven-year high in August 2024*, buyers have much more choice, and market activity is very strong.

Mortgage rates are trending downward

Mortgage rates have been hovering around 4.5% for a 5-year fixed rate deal*, and there’s optimism that they will continue to stabilise or even decrease in 2025. Historically, this tends to lead to an increase in buyer activity as homes become more affordable, particularly for first-time buyers.

House prices are increasing steadily

Unlike the overheated property market of recent years, 2024 has seen a steadier, more sustainable growth in house prices. The slow increase in house prices is expected to continue into 2025, which will benefit first-time buyers as affordability levels stay strong. This allows you to take your time searching for your perfect property without worrying about prices suddenly skyrocketing.

Consumer confidence is high

A healthy economy is key to a buoyant housing market, and the UK’s economic outlook for 2025 is looking positive. With average salaries rising, consumers are feeling increasingly positive about their financial situation, which is translating into a stronger housing market. With more people confident in making significant financial decisions like buying a home, 2025 is likely to see continued activity in the housing sector.

Labour plan to make changes

Following their election victory, Labour have pledged to introduce a permanent mortgage guarantee scheme and allow first-time buyers to buy homes before international investors. This should make it easier to access the property ladder, as it should improve both affordability and availability.

Also included in their manifesto was the ‘Warm Homes Plan’, which will provide grants and low-interest loans for energy-efficient features such as solar panels, insulation, and low-carbon heating to lower household bills.

We’re here to help

As a reputable estate agent, we can play a crucial role in helping first-time buyers navigate the 2025 housing market. By offering expert advice on competitive pricing, mortgage options, and local market conditions, we can help you capitalise on the balanced market conditions that are expected to continue into next year.

With mortgage rates stabilising and economic confidence on the rise, we can guide you through the mortgage pre-approval process and find properties that meet your budget and preferences.

 

Contact us today for help stepping onto the property ladder

 

Are you interested in speeding up your home’s sale while achieving a better selling price? Home staging could sell your home 3 times faster while adding 10% to its sale price.* There are many ways to move your home sale forward. Let's examine why home staging is a worthwhile endeavour, with a few tips to ensure its success. 

What is home staging? 

Home staging is all about presenting your home in its best possible light. This will attract more buyers and create those all-important excellent first impressions. Whether you hire a professional, consult your agent, or do it yourself, home staging makes each room of your home more desirable. Done correctly, photographs, 3D tours, and face-to-face viewings will create a real emotional connection with your potential buyers. 

How do I stage my home?

Decluttering rooms and arranging furniture in spacious layouts will allow your home’s rooms to appear fresh and clean. Refreshing the paintwork and repairing minor blemishes will help you achieve this. Once you complete these tasks, incorporate details like scented candles and flowers. Dressing bedrooms with crease-free linen and cushions, or the dining room with nice tableware, will set the scene. 

First impressions can be moving 

As soon as your potential buyers see your property, they start to make up their minds. Kerb appeal is vital, and creating this is relatively straight forward. A weed-free path, a well-presented front door, clean windows, neatly trimmed lawns, and tidy guttering are all cost-effective ways of helping buyers get that ‘love at first sight’ feeling. But don't stop there; create it as best you can throughout your home.

Flaunt your home’s features  

Following these tips allows your potential viewers to easily imagine living in your home. It’s important to make this happen effortlessly. Hiding your home’s features and asking your potential buyers to navigate their way through clutter or your personal belongings will not show your home in its best light. An attractive home attracts buyers, and if your home is ready to welcome new owners, it will reduce their stress levels. 

Low-cost with potentially high gains 

Home staging could achieve a staggering 586% ROI.** So spending a few hundred pounds on staging your home correctly could potentially lead to making thousands of pounds worth of gains. Spending a bit of time staging your home could more than likely reduce your selling time. So, the sooner you start, the better. A good first step is to create a to-do list that will break down the task of staging your home into manageable chunks.

 

Book a valuation and move forward with your move