Monthly Archives: October 2014

Low-cost property rental programme launched in UK

At City Rental Services we’ve seen the increasing demand for quality rented accommodation and rented property in Bristol – it’s always a hot topic, especially in BS7.

rented property in Bristol from City Rental Services

We’ve seen details recently from Property Wire in this article about the launch of a low-cost rental property programme being launched across the UK.

The aim of the programme is to help increase the provision of low-cost rented accommodation across the country, to assist young people in making the step to home ownership down the line, according to the Government.

The initiative aims to increase the visibility and uptake of the Rent to Buy option for private tenants, as well as delivering more rented properties into the market in general.

This could be useful for rented property portfolio landlords in Bristol and new property investors in BS postcodes alike.

But will these buy-to-let properties across Bristol under the new programme possibly require higher deposits of up to 40% in the future?

We’ll be monitoring the new rented property initiative with interest, of course.

We’re always in need of more quality rented property in Bristol, so if you have a portfolio and are looking to maximise the return on your rented properties in various BS postcodes, get in touch with our experienced letting negotiators at our central Bristol office to discuss how we can help you further.

If you’re looking for advice on making money from rented property in Bristol from a leading independent lettings agency, call into 58 Gloucester Road to see us.

How effectively can you complete a rented property makeover in Bristol?

The team at sister company City Property Lets recently talked with us about a rented property makeover project in central Bristol, and this got us thinking about the subject in general.

Their project was at Brittania Buildings on Hotwells Road, on the waterfront in central Bristol:

rented property makeover Bristol

The project above was the makeover of an existing studio flat with mezzanine level bedroom area, the shower bathroom was refitted, a replacement flat roof and roof light were installed, the whole unit redecorated and completed to a high standard.

As you can see, it was a stunning job!

rented property makeover in Bristol

When it comes to carrying out a rented property makeover, there are a few key things for rented property landlords in Bristol to take into account:

* As soon as you receive Notice on a rented property, make sure an appointment is made to inspect and take photographic records: you may already be planning a makeover as part of your ongoing programme of improvements.

* List what needs to be made good, repaired, or replaced. What contractors you will need. Timescales, who will do what, and when.

* How quickly can it be turned around?

* Consider the whole project from start to finish. Finishing is as important as starting! Items needed to finish the job can turn it into a high quality rented property, including loo roll holder, bathroom cabinet, decent curtains or blinds, light fittings. Good floor coverings such as sanded floors or wood laminate – it’s the attention to details that makes the difference. Also consider a fresh coat of paint to the front door and the number of the property clearly displayed.

Remember, a high quality rented property will let itself, so make sure it has a good clean, and some nice photos prior to re-marketing. It’s all about the presentation of the makeover.

If you’re looking for advice on rented property in Bristol from a leading independent lettings agency, call into 58 Gloucester Road to see us.

Our Gloucester Road lettings agency welcomes students back to Bristol

It’s that time of the year where the team at City Rental Services welcomes back our student tenants.

Term-time has started at both UWE and Bristol University, and we’ve come across a few useful resources for students in the city to make use of.

studetn accommodation in Bristol

According to Bishopston Voice magazine, around 14,000 free bin labels will be supplied to student residents in Bristol – on which their house number is written – in a bid to prevent confusion over who is responsible for individual bins.

Another great resource for new students in Bristol is the website, packed with information on tenant and landlord responsibilities, the waste calendar for Bristol refuse, student union calendar of events, top tips on being a good neighbour, as well as community contacts. It’s a great resource in one simple online place for student tenants.

New students in Bristol setting up a home for the first time can also find great deals on furnishings, fittings and fixtures at local stores such as:

Bishopston Hardware

Bristol Ikea

Bristol B&Q

If you’re looking for advice on student accommodation in Bristol from a leading independent lettings agency, call into 58 Gloucester Road to see us.

Our central Bristol lettings agency joins Property Redress Scheme

Here at City Rental Services it’s time for our growing and independent lettings agency in central Bristol to join a redress scheme – so our business is now part of the Property Redress Scheme.

leading letting agent in Bristol

It’s now a legal requirement (as of 01st October) for all letting agents to join a Government-authorised redress scheme, as part of wider changes introduced within new legislation in the Consumer Protection Regulations 2014.

Find out more about the full story and it’s implications for landlords, tenants and letting agents by visiting here.

These changes apply to private rental agreements between landlords or agents and tenants – for assured and assured shorthold tenancies, including most Private Rented Sector agreements.

Our sister company City Property Lets is already part of the Property Ombudsman, and due to the ever-expanding lettings market, it’s become generally accepted that tenant clients should have protection against unscrupulous landlords and letting agencies.

The Property Redress Scheme, Property Ombudsman and other similar schemes help provide rented accommodation tenants to gain help if unhappy – after all, everybody is entitled to redress if mistreated.

If a tenant feels they’re getting a poor deal from their landlord or agent, they can take the issue to a redress scheme provider – and now every letting agent should have one.

Make sure that as a tenant, you take your business to a letting agent that offers this assurance – to find out more about the Property Redress Scheme, please visit here.

If you’re looking for advice on how to rent properties in Bristol from a reputable and leading independent lettings agency, call into 58 Gloucester Road to see us.

Will the Green Deal cause a shortage of affordable rented property in Bristol?

At City Rental Services we’ve noticed a growing concern about the shortage of rented accommodation nationwide.

In our central Bristol office, this is reflected in the huge number of phone calls we receive from prospective tenants every time a decent rented property is listed on RightMove.

Various aspects of current and ongoing Government legislation, including the Green Deal, if imposed, can and will lead to a loss of available rented properties across Bristol and the wider UK.

independent lettings agency in central Bristol

The National Landlords Association discusses Green Deal legislation and the empty rented property issues further in this recent article.

Whilst we’d all like to see rented properties efficiently heated and insulated, should this stop good rented property in Bristol being available?

We’re monitoring the situation with interest, particularly in line with the Government’s discussed time frames around the Green Deal legislation.

If you’re looking for advice on how to rent properties in Bristol, call in to 58 Gloucester Road to see us.