With recent changes in UK rental laws, many tenancy agreements now automatically roll into contractual periodic tenancies once the fixed term ends. But what exactly is a contractual periodic tenancy, and why is it beneficial for both landlords and tenants? At Hodsons Estate Agents Wakefield, we’re here to explain.
Competitive pricing is the story of the summer. The theme was highlighted in Rightmove’s latest House Price Index, with asking prices dropping 1.2% in July to an average of £373,709. This adjustment reflects the improved supply of properties for sale.
Conveyancing is the legal process of transferring property ownership from seller to buyer. This involves checking title deeds, conducting local authority and environmental searches, drafting contracts, managing funds, registering the new ownership.
Are you considering becoming a landlord in Wakefield? Whether you're letting out your former home or investing in a buy-to-let property, stepping into the rental market for the first time can feel worrying.
Earlier this year, it became apparent that home buyers aren’t that fussed about finding the ‘perfect’ property. A Rightmove survey of 34,000 home movers found 73% of those leaving rented accommodation viewed fixer uppers as a more affordable route to property ownership. Additionally, 73% of existing homeowners wanted to buy a property that needed work in order to create their dream home.
Hodsons is an independent, estate agency that has been at the heart of the Wakefield property market for over 25 years.
From finding reliable tenants to handling repairs and ensuring legal compliance, our expert team in Wakefield manages every detail so you don’t have to. Relax knowing your investment is in safe hands.
Younger Millennials (born between 1991 and 1996) and those in Generation Z (1997-2012) still see a future in property investment. That was the surprising finding of a new survey of 2,000 UK adults conducted by Opinium on behalf of Market Financial Solutions.
If you're thinking of selling, buying, or letting in Wakefield or the surrounding areas, we’d love the chance to show you why 85 reviewers gave us 4.8 stars.
Whether you own a single buy-to-let or a portfolio of properties., staying informed is important for all landlords to avoid penalties and ensure smooth property management as the year goes on.
The unassailable attractiveness of property as a money-making asset persists. While passive appreciation still exists – that’s when homes gradually increase in value with nothing more than time – homeowners are looking at adding values in other ways.
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