Tag Archives: advice from gloucetser road lettings agency in bristol

The vital importance of maintaining fire and smoke alarms in Bristol rented properties

We don’t want to be boring here at City Rental Services, but at this time of year it’s really important to remind our property landlords in Bristol about the importance of getting fire alarms checked with so many properties changing hands and new rules to follow.

advice for Bristol private landlords on fire and smoke alarms from lettings agency City Rental services

New legislation has been passed around the provision of fire and smoke alarms – which any property landlord should read here and be aware of.

It can be confusing to understand what to do around certain legislative items, but maintaining smoke and fire alarms in Bristol rented properties is a very clear subject indeed: as a basic minimum, property landlords should provide 10-year battery operated smoke detectors on each landing in all their rented properties, and ensure that regular testing takes place for all smoke and fire alarms.

We also recommend installing carbon monoxide alarms, whether or not an open fire is supplied to a rented property: this is a far better option than attempting to defend oneself in court against charges after a tenant dies from monoxide poisoning. A carbon monoxide detector is cheap and easy to install.

As private landlords in Bristol, you owe it to your tenants to get this done.

To find out more about our letting agency services in Bristol, simply call into 58 Gloucester Road to see us.

Buy To Let demand increasing in BS5 and BS7 postcodes

At City Rental Services we’ve noticed a steady increase in demand for buy-to-let properties across Bristol in recent months – particularly across BS5 and BS7 postcodes.

Advice for buy to let landlords in Bristol

Local agents have reported high demand in these areas of Bristol, whilst buy-to-let remains an ever-popular investment in the city.

BS5 and BS7 are an easy distance to the city centre, and offer a modest investment for good returns.

In line with this, it appears that experienced buy-to-let landlords are slowing down on the amount of remortgaging. This trend could indicate that long-term rented property investors have hit ceilings on their property portfolios.

According to recent research, remortgages in the UK dropped overall by 6% by the end of June this year, whilst buy-to-let mortgages have increased by 6% in the first half of 2014 across the country.

As a rule of thumb, the cheaper the property to purchase, the higher the % return on the initial investment, although it’s important to factor in the costs of ongoing upkeep through refurbishment and refreshment of these rented properties in Bristol, of course.

Being based on Gloucester Road, we’re able to spot properties coming onto the market quickly in the area, and as a leading independent lettings agency in Bristol, we’re always happy to advise and assist potential and existing rented property landlords.

If you’re looking to invest in properties in BS5 or BS7, call in to 58 Gloucester Road to see us.