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Go Letting News
Tenant’s Deposits – Held Securely?
Thursday, 21 January 2010 16:36

Lettings Agents are required to register all tenant's deposits with the Tenancy Deposit Scheme.  This offers protection to tenants and prevents landlords from using the money however they see fit. There are potential costs to landlords if agents abuse the system.

Read the full article at Estate Agency Today

GO Lettings registers all their tenant’s deposits with The Dispute Service and we currently have no unresolved disputes!

 

 
Value Adding Outdoor Toilet
Thursday, 21 January 2010 16:05

Would you believe that an outdoor toilet can add value to a property?  Apparently if it is well maintained, and partnered by an indoor version, it can make your house more valuable than your neighbour’s…

Could be the next big craze - don't bother with a conservatory or loft conversion, just add an outdoor loo!

Read the full article on The Guardian website

 
Long Term Renting Comeback?
Thursday, 21 January 2010 16:01

Long term private renting is set to make a comeback among young adults as homeowners are looking to sell up and rent instead.  This information is from a survey by unbiased.co.uk.  The article looks at various scenarios and there are some quite heated comments at the bottom – well worth the read just to see what people think of tenants, landlords, and letting agents!

Just to let you know, GO Lettings is a member of ARLA as well as other governing bodies including The Property Ombudsman and the Tenancy Deposit Scheme.

Read the full article and comments on The Guardian website

 
Plastic Fantastic?
Thursday, 21 January 2010 15:54

“Tenant defaults could soar over the next year amid reports that up to one million households have borrowed money on a credit card to pay their mortgage or rent over the past year…”

Read the full article on WiltshireBusinessOnline.co.uk

We offer Rental Guarantee insurance for our landlords to help soften the blow in these instances - more information can be found on our Landlord Information page.

 

 
Boiler Scrappage Scheme Announced
Friday, 15 January 2010 12:30

The new government sponsored scrappage scheme that gives households in England £400 off the cost of a new boiler has now been launched and is open to landlords.

The boiler scrappage scheme was announced in the pre-Budget report in December and according to the government it will help households cut energy bills, reduce CO2 emissions and help support industry jobs. It is claimed that over 100,000 homes in England could benefit from the scheme.

There are about 3.5 million homes in England with working G rated boiler that may qualify for the scheme. Clients that have older boilers in their properties should contact us if they believe their boiler may qualify for the scrappage scheme and we can contact the Gas Safe installers that we work with who can provide quotations to replace if required.

For more details see the attached link http://news.bbc.co.uk/1/hi/business/8440557.stm

 

 
We've Moved
Monday, 21 December 2009 00:00

After several months and some very overly complicated legalities, several large unexpected bills, a wild goose chase trying to do our bit for the environment, and a frantic time getting our IT connected up - thanks Virgin Media, we'll recommend you to everyone, honest  - we've finally moved in to our new home.

2B - 4B Hucknall Road in Nottingham is our new address and you can't miss us if you're driving past. We're at the city end of Hucknall Road, next to the Nat West Bank as you turn off the Mansfield Road.

2B_-_4B_Hucknall_Road_Nottingham

There's still work to be done, but nothing that's going to get in the way for the start of the new decade. Our thanks go out to our team of workmen who have grafted to get us moved in before Christmas; Dani in our office who has measured, planned, and generally made the move go ahead last weekend; and Jackie Pabla at Yates & Co who soldiered through the legal minefield to complete the purchase. Thanks do not go to Virgin Media who couldn't organise the proverbial and The Carbon Trust who led us on a merry dance and then didn't come up with a penny.

Cheers Everybody, here's to a prosperous 2010.

 

 

 
Chancellors Pre Budget Report Affects Landlords
Friday, 11 December 2009 16:32
January 1st 2010 will see the threshold for stamp duty return to its previous level of £125,000 down from £175,000.  Whilst the reduction was widely predicted, it has been criticised widely by those in the industry. In particular, Estate Agents are now calling for new measures to help First Time Buyers.

ARLA also expressed their disappointment, claiming the minister had not included ‘any initiative that will make any difference’ to the housing market.

There may be some good news for landlords however as the lettings market may benefit from the reduced stamp duty threshold. Some in the industry are expecting to see an increase in tenant demand early next year. Andrew Sainsbury of Go Property Services said ‘those living with their parents whilst saving for a deposit for their first home may now consider renting for the medium term instead. Current tenants who had been considering a purchase are now more likely to continue renting. Both factors should see tenant demand rise when the lower threshold comes into effect.’
 
Tenants are expecting rent increases in 2010
Thursday, 10 December 2009 14:05

Over a third of tenants that recently responded to a Rightmove Survey are expecting rents to rise in 2010. The results from the survey in Q4 of 2009 suggested that just 7% of the 35,000 respondents were expecting rents to fall. Of those expecting an increase, a third thought that prices would rise by over 10%.

The survey reflects the RICS Rental Market Report which found that surveyors expect rental prices will go up in 2010 due to increasing demand and a reversal of the oversupply witnessed over the past year.

The Rightmove Consumer Confidence Survey also found that 58% of people who will rent in 2010 would prefer to buy but cannot afford to – a situation that doesn’t seem likely to change overnight.

Jonathan Detheridge, Managing Director at GO Property Services comments “the last 3 Qtrs of 2009 have seen unprecedented occupancy rates across our rental portfolio with Apartments & Flats being the real winners. In Nottingham City Centre, buy-to-let landlords are starting to enjoy rent increases for the first time in recent history and we think this will continue into 2010. Traditional houses, on the other hand, are still suffering from a degree of over-supply with the many ‘reluctant landlords’ still stuck in the rental market due to selling prices being suppressed”

“We’re predicting that the supply of property for sale will increase in 2010 as a degree of confidence returns to the market. The anticipated election in May could prove a real fillip to the market with Conservative Party plans to scrap HIPS being closely watched by potential sellers.”

Landlords with property to rent should contact GO Lettings today for a free realistic appraisal of the rent they are likely to achieve for their property.

GO Lettings specialises in letting and managing professional property in Nottingham & Leeds. We are members of ARLA & the NAEA and our deposits are administered by TDS.

 
Sell your Home for £750
Thursday, 12 November 2009 00:00

GO Estate Agents this week announced their arrival with an offer for property sellers in 2010.

As an introductory offer we will be providing our full Estate Agency service for a fixed price of £750+vat*.

For that you get;

Your Property advertised on the all the major Internet Sites, inc Rightmove, Find-a-Property, Prime Location, & Zoopla etc.

Your Home advertised in The Evening Post

Your Home advertised on Google

FOR SALE Board

Accompanied Viewings

Purchaser Qualification

After Offer Support to chase the sale through to completion

All we ask in return is that you tell your freinds and family how we've done!

*the fixed price offer is running for 3 months only, December, January & February, after this our prices will revert to our standard selling fees of between 1 & 1.5% depending on the service you choose. GO Estate Agents will honour all fixed price deals until the point the property is sold.

 
Lettings Direct.co.uk becomes GO Property Services
Wednesday, 11 November 2009 12:19

After 6 succesful years letting property we are branching out into Home Sales so we've taken the step of changing our name at the same time.

We've been Lettings Direct for over 6 years and in that time we've had many a bright spark pop-up with a similar  name and we didn't want our clients getting confused. We also had to choose a name for our Estate Agency, so we thought now was as good a time as any to rename the whole bang shoot  so that we trading as one entity.

After several months head scratching and a lots of screwed up balls of paper, we decided on GO - we hope you like it.

To reflect our specialities we have split the business into defined areas as we think you want to talk to a local specialist rather than a general property company. So, for Lettings in Nottingham, we have GO-Lettings-Nottingham, or in Leeds, we have GO-Lettings-Leeds. The idea being that  you can get straight to the horses mouth without going round the houses to get there - 2 cliches in one sentence! Not Bad!

To match our new name, we'll shortly have a New Office to boot. We have purchased premises at 2B - 4B Hucknall Road in Nottingham. Next to the Nat West Bank & The Grosvenor public house we have a huge 15 meter frontage with our branding all over it so you don't miss us.  We're just frantically refurbishing the building and the plan is to open before Christmas so we're ready for a prosperous 2010.

If you're looking to sell a property in Nottingham you should give us a call. We have a fantastic opening offer of a fixed selling fee for all instructions recieved in December, January and February.

If you're passing the new office in December pop-in and say hello.

 

 

 
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