Bricknells Rentals Blog

As the housing landscape continues to evolve, it is essential for renters and landlords alike to stay informed about significant legislative changes. One such development is the Renters Reform Bill, which aims to bring about substantial reforms in the rental market. On the 17th May 2023, the government introduced the Renters’ (Reform) Bill to parliament. MPs…

Since Christmas, Rotherham first-time buyers and savvy Rotherham buy-to-let landlords have been more active than expected in the Rotherham property market. Rents in the Rotherham area have soared in the last two years, with the average Rotherham rent increasing to £689 a month, an increase of 18.8%. Because of these growing Rotherham rents, it has…

Are your potential tenants able to afford their rent? The UK is in a cost-of-living crisis, and it’s having a knock-on effect on landlords in Rotherham. More tenants are struggling to pay their rent, and landlords, therefore, are having to take action to protect their rental income during these difficult times. At Bricknells, we are…

Whether you’ve just bought your very first property in Rotherham or your fifth, being a landlord is a role where you can continually keep learning new things and facing new challenges. Other than keeping abreast of what’s happening in the property market, you also need to ensure that you’re following all the latest rules and…

With the cost-of-living crisis beginning to hit, the 20 and 30-somethings of Rotherham urgently need the help and support of the Government to help them get on the property ladder. For the last few weeks, we have listened to the debates and hustings of Liz and Rishi. Between them, they have told us how they…

254 of the 864 properties on the market in the Rotherham area have had a price reduction in the last 3 months. The average reduction has been 6.3% of the original asking price. This is great news for Rotherham home buyers and Rotherham buy-to-let landlords, strangely Rotherham house sellers as well. The last couple of…

Well, what a weekend that was. Street parties, gatherings in the park, the purple bunting, egg and cress sandwiches, union jack flags, cheese and pineapple on cocktail sticks, and let's not forget the trifle – the Platinum Jubilee Party. And no decent party is worth its salt without a game or a quiz. So, if…

Rental properties in Rotherham have reduced by 368 from 2017 to 2021. Property prices are at an all-time high responding to the pent-up demand from 2020/21, low stock and the desire for more living space. Talking to a number of landlords they view this is as a suitable time to exit the BTL market and…

If you’re contemplating becoming a landlord in Rotherham, you may be wondering whether you can let out your property if you don’t have a specific buy-to-let mortgage. There is a common misconception that landlords must acquire a buy-to-let home loan before renting out their property to tenants but, in fact, it’s possible to let your…

Even though the average value of a Rotherham first-time buyer property has risen by 236.7% since 1989 to £112,780, the monthly payments Rotherham first-time buyers must make on their mortgages as a proportion of their take-home pay is 49.1% less today compared to 1989. Today, according to the Nationwide Building Society… the average Rotherham first-time…