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Dunstable and Leighton Buzzard Property Blog

What could happen to property prices in Dunstable and Leighton Buzzard in 2017 and could there be opportunity for investors?

The potential problem for renters is that a reduction in properties available for rent if landlords are selling will make it even more difficult to find the property they want.

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The tenant fee ban is likely to start in 2018 so make 2017 the year you review your choice of letting/estate agent to be ready for the changes ?

My advice to the experienced and new investors was to choose very carefully the letting/estate agent they decide to work with this year and be sure they agent will still be trading or working with lettings after the tenant fee ban starts in 2018

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Dunstable in the top 10 for top-performing towns across the UK for house price growth over the last year

With the Dunstable's close proximity to London where house prices have become unaffordable to many there is no surprise that buyers and renters are looking outside of the capital for accommodation.

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Who is the Letting Agent acting for when arranging a tenancy and managing a property ? Could the ban on Letting Fees change this?

I do hear from tenants that the letting agent they have or have had in the past hasn't acted in their interest maybe in regards to repairs on a property or when it comes to the deposit being returned

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In the Autumn Statement the government announced its intention to ban the tenant fees charged by Estate / Letting Agents. What will this mean for tenants, Letting Agents and landlords ?

For tenants this will mean not having to find any upfront costs when applying for a property although I would expect more agents to request a 'Holding Fee' . This is deducted from the 1st months rent, but shows commitment from the applicants.

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Another new residential development proposed in Dunstable on the disused former Trico site part of the old AC Delco site

Another new residential development proposed in Dunstable on the disused former Trico site part of the old AC Delco site

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New and existing Landlords are you sure you are compliant with all the regulations and keeping up to date with recent changes?

Landlords are you sure you are compliant with all the regulations and keeping up to date with recent changes

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Demand from Amazon workers for Studio and 1 bedroom apartments changing the local Dunstable rental market.

Most of the tenants are single or young couples from Europe often unaware that with apartments they will be required to pay for their utilities and council tax as well as the rent resulting in them having to reassess their budgets.

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The number of properties to rent in Ireland has hit rock bottom so the government is introducing measures to encourage landlords/investors. Why the opposite decision in the UK ?

British government is to introduce a similar rule next April reducing the amount of tax relief they can claim on their mortgages.

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