What are the new Stamp Duty changes?
The chancellor, Rishi Sunak, has announced that from 15th of July 2020 until 31st of March 2021, there will be no stamp duty to pay on property purchases up to £500,000. What is Stamp Duty and how much would you normally pay? You must pay Stamp Duty Land Tax (SDLT) if you buy a property or land over a certain price in England […]
New legislation comes into force from 1st July 2020 for Electrical Safety Standards in the Private Rented Sector
The Government has now published the guidance for The Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020. Landlords will have to ensure every fixed electrical installation is inspected and tested before the tenancy begins, for all new private tenancies in England from 1st of July 2020 and existing tenancies from 1st of April 2021. As a landlord you will also need to make sure that the […]
The busiest time for the Rental Market
The Busiest Time for the Rental Market The rental market is about to enter its busiest time of the year. Analysis from Dataloft Rental Market Analytics reveals that 40% of tenancies are set to expire in July, August and September. Usually the surge in activity is a combination of students seeking accommodation, graduates starting new […]
COVID-19 Announcement from Excel Property Services
– 23 March 2020 – COVID-19 Announcement We have been carefully watching the development surrounding the spread of the Covid-19 virus as we’re sure you all have too. The situation is changing daily and so the information provided is subject to change as new guidance is issued. To protect our landlords, tenants, contractors and team […]
A Comprehensive Guide to Electronic Signatures
– 5 February 2020 – Eighty percent of businesses still struggle with paper-based processes that are slow, error-prone, and fragmented. They spend countless hours hunting down approvals and ink signatures – and then print, scan, fax or mail documents to get the job done. These delays frustrate all those involved and can potentially cause delays […]
Prime North West London Lettings Overview 2019
– 03 Jan 2020 – A new decade has begun, an ideal time to look back at the housing market over the past 10 years. In England and Wales, the average price of a property has risen by £72,000 over the past decade. Across the South East, South West and London, average property prices have […]
The latest technology to market your property
– 15 December 2019 – Is your letting agent offering the latest technology to market your rental property? Here at Excel Property Services we are constantly evolving and looking to utilise the latest technologies in order to offer our clients and customers the best possible experience. Our latest acquisition sees us team up with Giraffe360; […]
What is the Tenant Fee Ban and How does it Affect Tenants and Landlords?
– 01 May 2019 – What is the Tenant Fee Ban? The laws are part of a wider shake-up in the private rental sector in England and the ban on tenant fees applies to new or renewed tenancy agreements signed on or after 1 June 2019. It affects all assured shorthold tenancies, tenancies of student […]
Potential hazards in a property
– 19 April 2019 – Potential hazards in a property Landlords have a legal obligation to keep their properties safe, in good order and free from defects that could cause serious harm to life. There are a range of potential hazards in a property that could harm the health and safety of people living or […]