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Latest News

Kings Inventories are pleased to announce that our chosen charity for this Summer 2013 is EACH - 03/06/13

We are delighted to confirm that we are now supporting the local charity EACH - East Anglia’s Children’s Hospices. EACH support families and care for children and young people with life-threatening conditions across Cambridgeshire, Essex, Norfolk and Suffolk

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Should agents charge tenants for an Inventory? - 07/05/13

The inevitable question of the threat of restrictions on agents fees was recently debated by the Communities & Local Government Select Committee in their recent discussions on industry practices. One of the questions asked was 'should agents charge tenants for the inventory?' 

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Small is beautiful for buy to let yields - 22/04/13

Smaller properties provide a better return than larger ones, with one- and two-bedrooms providing average yields of 6.8% and 6.4% respectively.

Countrywide, the national chain, has produced national yield, rent and arrears data for the first time, based on the number of bedrooms.

It has taken its information from 50,000 rental properties on its books across Britain.

 

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Countdown to Council Tax changes for empty rental homes - 01/04/13

Agents are reminded that as from Monday (April 1), local authorities will have the discretion to charge full Council Tax on empty properties.

The change will affect properties that have currently been given exemptions and discounts, including furnished and unfurnished properties for rent.

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Cleaning is a growing problem for Landlords and Agents - 23/03/13

New stats from the Tenant Deposit Scheme (TDS) show that cleaning remained the most common cause of a dispute and is continued to rise to 52 per cent in 2011-2012, compared with 49 per cent in 2010-2011.

This is followed by damage to the property (45 per cent), redecoration (28 per cent) rent arrears (18 per cent), and gardening (12 per cent).

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Top Ten buy to let maintenance tips - 03/03/2013

Every landlord dreads the moment a tenant phones up to report ‘a problem’ as it usually demands money and time being spent.

So here is the Upad guide to the most frequently replaced or repaired items within rented properties and some tips on how, when they crop up, to best manage them.

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Rental market goes from strength to strength - 20/11/12

According to industry experts, the rental sector is increasing in strength as more and more of the younger generation find themselves with little option but to enter the rental market.

In Europe this concept is nothing new as rental remains more common and economically viable than buying a home. However, there is some debate as to whether this is a long-term scenario or just a symptom of the economic downturn.

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How to prepare your property for the winter months - 27/11/12

Landlords are being reminded to consider some simple yet important ways of preparing their properties in time for the winter, particularly in light of the flooding experienced in many parts of the UK.

Areas in the south-west, north-east and north Wales have all experienced high water levels with more than 200 flood warnings and 300 flood alerts being issued across England and Wales.

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Landlords have high hopes for buy to let in 2013 - 17/12/12

The majority of property investors remain positive about the outlook for the private rental sector in 2013, the latest landlord survey from CHL Mortgages reveals.

Nearly 71% of landlords are upbeat about the sector’s prospects in the coming months, with just 4% harbouring a negative outlook. This is broadly similar to the percentage of optimists in the previous two iterations of the survey (May 2012 and November 2011) which stood at 71% and 72% respectively.

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Generation Rent - 15/02/13

Home ownership has declined over the past 10 years as Britons struggle to get on to the property ladder and are forced to rent for longer, according to the latest census data.

The proportion of residents who either owned their home outright or owned with a mortgage fell from 68 per cent in 2001 to 64 per cent last year. Of those that do own, a bigger proportion, 31 per cent, up from 29 per cent, own their homes outright than they did ten years ago.

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