Bricknells Rentals Blog

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…

Should you buy now or wait for the bargains? Many commentators believe we have seen the peak of the Rotherham property market. So, should savvy bargain hunters wait for Rotherham house prices to fall? Or could postponing your house buying for any anticipated Rotherham house price drop be a costly mistake? Over the last two…

If you’re a landlord in Rotherham, you may be wondering whether your tenants have the right to refuse you entry to your own property. Here at Bricknells, we often meet landlords who are uncertain of their access rights, so here is our expert guide to help you understand your legal position. It’s My Property –…

Looking at the recently introduced White paper we have broken it down into the following 12-points. Require all homes to meet the Decent Homes standard. Introduction of a series of pilot schemes with selected local authorities to explore ways of enforcing standards. Abolish section 21 – no fault evictions. Reform the grounds for possession; expedite…

Rotherham Rental Homes Nightmare   Rotherham needs 420 additional private rented properties per year to keep up with current and future demand from Rotherham tenants.   Yet over the last 5 years, Rotherham has lost 368 private rented homes.   What are the 5 reasons the supply of private rental properties in Rotherham are falling?…

  As the warmer weather starts to approach, it’s the perfect time to get your buy-to-let property in Rotherham ready for new tenants to move into immediately. Here are just a few tips on how to get your buy-to-let ready for summer. ● Spruce Up The Garden It can be extremely difficult to keep your…

Whether you already have a property you’re looking to rent out in Rotherham or you’re thinking of investing in a buy-to-let, it’s vital that you know your legal responsibilities and requirements as a landlord, both to protect yourself and your tenants. Here are our 10 top legal tips for landlords. Take Out Landlord Insurance It’s…

Everyone should be doing their bit to help reduce the UK’s carbon footprint on the globe – yet the question is, is that burden being put too much on the shoulders of Rotherham landlords with potential bills of £7,600+ in the next four years? The background - the UK has obligated itself to a legally…