Government Proposal: Additional 174,000 Properties Will Need HMO licence
Changes are set to occur in which an additional 174,000 properties are estimated to require a mandatory HMO license through government amendments to rules of mandatory licensing. Under current regulations, properties that are required to hold a HMO license are
Minimum Energy Efficiency Standards for Privately Rented Domestic Properties
Are you concerned about the changes to energy efficiency regulations affecting domestic rental properties? What are the MEES and regulations? The Energy Efficiency (Private Rented Sector) (England and Wales) Regulations 2015 will make it unlawful from April 2018 to let
Seel & Co to be included in the Best Estate Agent Guide
Seel & Co is to be recognised in a national guide of the top operators in the sector. We will be included in the Best Estate Agent Guide, which is to be published for the first time this autumn. Put
Investment opportunities abound at our July 4 auction
Since launching its auction team in 2000, we have already disposed of more than 3,500 residential and commercial assets in Wales, with a total value of circa £250 million. This latest auction will be held on Tuesday 4 July, 5pm, Park
Buying at Auction
Buying property at auction can be a great way to start or build your investment portfolio, but it’s important to follow some simple steps to make sure you get the right property at the right price. Here’s our simple step-by-step guide
Appointing a managing agent
Choosing the right managing agent is important, not only for your building and other communal areas but also for the community of the site. As a freeholder or a director of a management company, you have a responsibility to choose
Jail for breaches of Fire Safety
The Grimsby Telegraph reports the prosecution in Grimsby Crown Court of local landlord, Keith Newsum, who received a five-month prison sentence, and was ordered to pay costs of £100,000, plus compensation of £4,200 to his tenants. Mr Newsum was accused of
What are Accurate Reinstatement Values?
Usually, a generic pricing table is used to calculate the reinstatement value. This generalises all buildings into set categories and gives a reinstatement value at a price-per-square-metre. However, your property could have completely unique needs and may not fit into
Who Is Responsible For Insuring The Building?
The property owner and managing agents where appointed, may be responsible for ensuring an appropriate level of insurance cover is maintained on the property. As a landlord you will want to protect your assets, one way to do this is
What Is The Reinstatement Cost Assessment (RCA)?
The Royal Institution of Chartered Surveyors (RICS) states that an RCA is an ‘assessment of building reinstatement cost for insurance purposes’. The assessment is typically carried out by a qualified surveyor who calculates the cost to rebuild the property either