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Whether you’re an experienced landlord or considering buying-to-let for the first time, there’s a wealth of regulations and property legislation for you to know about. What’s more, legislation is often updated and new laws are introduced – and you’re expected to keep up with it all so that everything is above board and your assets are protected.  

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There is much to consider but we are always happy to help and offer our expert advice and service. Here are several of the key legislation changes you need to look out for in the coming year…  

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1. Changes to the Energy Price Guarantee 

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As the cost of energy rose during 2022, the Energy Price Guarantee helped households save around £900 on their bills, reducing the average yearly bill to about £2,500. From April 2023, this guarantee is changing, and there will be a slight decrease in support available. The new terms should still save households around £500, cutting the average yearly bill to £3000. How this affects landlords is explained on the government’s website.  

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2. Changes to required EPC ratings of commercial properties 

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As of April 2023, all commercial properties must have a minimum ‘E’ rating – and there are further plans for this to rise to ‘C’ in April 2027 and ‘B’ in April 2030.  

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3. Renters Reform Bill 

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The government white paper, ‘A Fairer Private Rented Sector’, was published in June 2022. Proposed changes include:  

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The Renters Reform Bill is to be introduced before spring 2023, but it takes around a year for a Bill to become law, so there’s unlikely to be any legislation changes before 2024. This does mean, however, that landlords have time to influence the final Bill, so it’s one to keep a close eye on. 

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We understand that being a landlord is often a full-time job, and keeping up with changing laws and legislation can be demanding. If you’re lacking in time, new to being a landlord, or would prefer to leave the legal aspects of your role to the experts, our qualified team are happy to help.  

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Call us today for a friendly chat and we’ll discuss the options for a fully managed or concierge service and how we can save you time, give you peace of mind, valuable advice and ensure you stay up-to-date on the laws and legislations.

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We know many of you have property questions you’d like answered – and we’re encouraging you to “Ask away…”    

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Whether you’re looking to release capital, reinvest, refinance your portfolio or simply want to discuss your options for the best yields and locations, we want you to “Ask away”. Whatever your question might be – whether it’s a quick query or a more complicated one – we’re here to offer help and reassurance.   

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P.S. We can answer questions such as:  

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Tailored services for landlords  

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We offer a flexible approach to letting and property management, allowing you to choose exactly how hands-on you want to be as a landlord. We can simply find high-quality committed tenants, or we can provide a full management service, giving you peace of mind that your investment is in the safest hands. Our experienced lettings team are up-to-date with the latest regulations and legislation concerning the rental sector, so you can be sure you’re receiving expert guidance.

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How we market your rental property  

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Our comprehensive marketing services are designed to showcase your property and attract high-quality tenants:   

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How to get started   

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Any property questions you have, no matter how big or small – simply ask away!    

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Let’s discuss your options to ensure you continue moving in the right direction. Find your local office or request a free property valuation today.    

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