In 2018, all landlords in the private rental market will have to meet stringent new regulations concerning energy efficiency. And although compliance isn’t required until April 2018, there are already some implications taking effect. So what does it mean for both existing and potential landlords? Is there Financial Support From 2016, tenants can require landlords to make reasonable improvements to the energy efficiency of their home, where there is financial support available, for example, from the Green Deal which provides government funding to finance the installation of green technologies. Landlords can, however, refuse if it means a financial outlay beyond the funding. However, by April 2018, all private rented properties must be brought up to a certain energy efficiency level. After that time, it will be illegal to rent out a property which is non-compliant. Where tenants are already living in a property, the landlord has until 2020 to complete the improvements. How is energy efficiency assessed Every property currently has an Energy Performance Certificate, rating the property between category A (the most efficient) and G (the least efficient). In 2018, the minimum acceptable standard will become category E. For more advice on this, you can contact Base Energy who […]
Manor Property is now taking deposits for apartments in a stunning complex in Liscard, Wallasey, in the Wirral. The two bedroom apartments are part of a two-block complex with private parking on Urmson Road, Wallasey. Situated on the mouth of the River Mersey, Wallasey is one of the most desirable towns in an area that is growing in popularity and prestige. Liverpool City Centre is just five miles away, over the River Mersey, and Wallasey has direct access to the M53 motorway, so it’s convenient for transport links and would be ideal for owners or renters who want the convenience of the city centre with a village atmosphere. It houses the local golf club, the rowing club and the old dockyard that was the heart of Liverpool’s industrial success in years gone by. The investment potential, therefore, is obvious and many tenants look for flats to rent in this area where buy-to-let opportunities in new developments are few and far between. We are delighted to build our next community development in Wallasey,” said Peter Eccles. “It’s a delightful place that has maintained its tight knit community feel, despite being just a few miles from the hustle and bustle of Liverpool. […]
Manor property have just started our new development in Wallasey village, this will consist of several new apartments for sale or investment. Feast your eyes on our plans and drawings and give us a call to ask any questions. These are at 33 Urmson Road, Liscard. CH45 7LE. 8 self contained flats split in to 2 blocks. The main front block consists of 6 (2, 2,2) as in a terrace. The middle 2 are lifted up by one floor due to the underpass giving access to parking and the rear block. The middle two have a combined stairwell serving both flats where as all the others have their own front doors. All are 2 bed, bathroom and open plan living area with the exception of the middle flats which will have separate kitchen and lounge. Within the rear is parking for 8, bin storage and cycle parking. The rear detached block consists of 2 flats, ground and first floor. There are 3 ground floor flats within the development which all benefit from patio doors to the rear too. Expected finish date should be Spring 2016 but all flats available now for a deposit to secure.
Investors take note of this complete development of 18 new build, two bedroom apartments in New Brighton Wirral. Split into three blocks, one of 12, 4 & 2. Built to a very high standard and offering a fantastic yield. One of the best sited developments in Wirral at this sensible price. Buy To Let investment in Wirral These apartments are ideal for buy to let investment in wallasey with property prices on the up and home purchasing becoming out of reach for most first time buyers; buy-to-let seems to offer a better return than most saving’s accounts. Our apartments are based in Wallasey (or New Brighton if you’re from around the area) in Wirral, and are located in a residential area with a mix of different types of homes. The local shops are short walk away and the option of great schools accessible by foot. Typical Rent for this type of property is around £600 per-calendar-month, making these flats and decent return on investment. So as an example: For a £110,000 interest-only buy-to-let mortgage, payments would be £334 a month, or £4,008 over a year. So if you decided to rent at £600 per-month your annual income would be £7,200, […]
