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Thank you for your kind words and feedback and a pleasure as always to be your managing Agent ⭐ ⭐ ⭐ ⭐ ⭐
Thanks for advice of the various inspections. I do appreciate you solving the little Jobs for me as I would surely forget. It’s amazing to read that our ten year review is due and I am delighted to Note that it has been a pleasure to Have Cooksleys managing my properties and not a single disagreement during that time. Please give my thanks to your brilliant team
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Exeter’s High Street has been rated as the fifth most appealing in Britain, according to a new study.
Research commissioned by American Express scored Exeter’s main thoroughfare highly for what it offered shoppers and visitors to the city.
https://news.exeter.gov.uk/exeter-s-high-street-proves-popular-with-shoppers-and-visitors/
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The government’s long-awaited Renters (Reform) Bill looks set to be shelved after Rishi Sunak called a surprise July general election on Wednesday.
The prime minister would not guarantee that the law would pass before parliament shuts down for the election later today.
Talks between the government and opposition parties over which bills to rush through before then are ongoing, as part of what is known as the “wash-up” period – a term used to describe the final days before parliament is formally dissolved.
But there is no sign of the Renters (Reform) Bill on the parliamentary timetable for today.
Sources from both the Conservatives and Labour have told the press that despite ongoing negotiations, the bill will not be debated on today, meaning it will fall once parliament is dissolved.
Labour sources indicated that although they wanted changes, they would have supported the bill as it currently stood.
But a government source argued amendments from cross-bench, or independent, peers in the House of Lords meant there was not enough time to pass the legislation.
The Renters Reform Bill was intended to redress the power balance between renters and landlords, but has been controversially delayed after the government pushed back some of its flagship proposals, including the ban on Section 21 evictions.
First promised by the Tories five years ago, the ban was delayed indefinitely pending court reforms, in what was widely seen as a concession to landlords.
But the Leasehold and Freehold Reform Bill could become law today.
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Is buy-to-let worth it in the UK in 2024?
For those who do it right, buy-to-let is still very lucrative. Rental yields are on the increase, having now risen for 3 consecutive quarters and averaging 6.9% across England and Wales. In Scotland, average gross yield is slightly higher at 7.1%.
Rent price levels are also continuing to increase, up by between 5-6% in 2024 and seeing cumulative growth of around 20% or more over the next five years. As inflation settles this will allow for good levels of rental profit to be made
