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Liz Syms

Houses in Multiple Occupation

Houses in Multiple Occupation | Our Effortless Guide to HMO | 2020

In a time when renting is in such high demand, Houses in Multiple Occupation (HMOs) have never been more popular. For England and Wales, an HMO property means three or more people living together, who are from two or more different households. They must share facilities such as bathrooms, living rooms and kitchens. They can also be referred to as ‘house shares’ or ‘flat shares’. HMOs are typically rented by students or young adults. However, they are by no means limited to this age bracket. By mid-2019, the average age of a first-time buyer had risen to 33, leaving many in demand for lettings. Since the 2020 pandemic, many mainstream lenders have increased deposits to 15% and the government help to buy schemes set to end in 2023, it suggests the age is likely to hit 40 before 2025.

Industry Insight

Industry Insight | Multigenerational Living Is On An Extraordinary Rise | 2020

As we gradually edge towards a post-pandemic era, we’ve all been forced to think differently – no more so than how and where we live. During lockdown we saw numerous examples of families moving in together to share resources and save money; care for older generations or sick family members and isolating together so face to face human contact could be maintained. The question is, could this become a more permanent arrangement?

Property Taxation

Property Taxation | Understanding The Intricacies Of Tax Adjustments Uncovered | 2020

In light of the recent increased interest in property purchase, this article serves as a reminder of some of the important recent tax changes that affect how residential property and associated finance is taxed from 6 April 2020. It also considers any implications that arise out of the COVID-19 crisis.

Credit Card Debt

Credit Card Debt | Fantastic Opportunity For Brokers To Help Clients | 2020

It’s lockdown day 365 – and I still can’t quite get my head around the fact that we’ve been living through this pandemic for a whole year. In March 2020, our worlds were turned upside down by the arrival of Covid-19: a virus that, at the time, we knew so little about, forcing us to stay at home and protect lives.

Limited company mortgage

Limited Company Mortgage | Mortgage Understanding Deposits | 2019

The ongoing debate surrounding this year’s A Level results during the coronavirus pandemic, and the impact of the pandemic itself, is creating some interesting trends in the private rental sector. As students across the country firm-up their plans for the academic year ahead, it is interesting to explore how the pandemic is affecting the market and to consider whether there will be longer-term changes to this important part of the rental sector.

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