Real Estate - Crivva

Calicut, also known as Kozhikode, is a city of rich heritage and rapid modernization. Whether you are looking for a cozy flat or a luxurious apartment, Calicut has options to suit all budgets and preferences. With its growing infrastructure, excellent connectivity, and thriving job market, it’s no wonder the city is a hotspot for real estate enthusiasts.

Why Choose Flats in Calicut?

Flats in Calicut are not just about four walls—they are about lifestyle, convenience, and value for money. Here’s why investing in an apartment here is a smart decision:

Strategic Location
Calicut is well-connected to major cities like Bangalore and Kochi via road, rail, and air. Proximity to the IT hubs in Cyberpark and UL Cyberpark makes it ideal for professionals.
Affordable Pricing
Compared to metro cities, property rates in Calicut are more affordable, offering a great opportunity for first-time buyers and investors alike.
Modern Amenities
Most new apartments come equipped with modern facilities such as swimming pools, gyms, and 24/7 security, ensuring a comfortable and safe lifestyle.
Thriving Community
Calicut offers a balanced blend of traditional Kerala culture and modern cosmopolitan living, making it an attractive place for families and professionals.

Top Areas to Buy Apartments in Calicut

If you are on the lookout for flats or apartments for sale in Calicut, here are some popular areas to consider:

Thondayad
Known for its proximity to educational institutions and hospitals, Thondayad is a prime location for families.
Mavoor Road
A bustling area close to shopping malls and offices, perfect for those who want everything within reach.
Vengeri
This up-and-coming locality offers affordable flats with excellent future appreciation potential.
Kottooli
If you prefer a quieter environment with greenery, Kottooli is an ideal choice.

Things to Consider Before Buying Flats in Calicut

Before making a decision, keep these essential factors in mind:

Budget: Analyze your finances and stick to your budget to avoid overspending.
Builder Reputation: Always choose reputed builders to ensure quality construction.
Location: Pick a location that meets your lifestyle and connectivity needs.
Legal Clearances: Verify documents like the title deed, NOC, and building approval before finalizing the deal.

Benefits of Owning Apartments in Calicut

Owning a flat in Calicut comes with several benefits:

Steady Appreciation: With growing demand, property values in Calicut are steadily rising, making it a wise investment.
Rental Income: Apartments in prime locations can fetch good rental returns.
Lifestyle Upgrade: Modern flats come with features that enhance your living experience.

Finding the Right Flat for Sale in Calicut

Finding the perfect flat can be challenging. Here are some tips:

Research Online: Use trusted platforms to browse listings and compare prices.
Visit Properties: Always visit the property to check construction quality and amenities.
Consult Experts: Real estate agents can help you find the best deals in your preferred location.

Top Builders in Calicut

Several reputed builders offer high-quality flats and apartments in Calicut, including:

Prestige Group
Asset Homes
Sobha Limited

Exploring these developers can give you an idea of what’s available in your price range.

Final Thoughts

Calicut offers a unique blend of culture, connectivity, and affordability, making it a prime destination for homebuyers. Whether you’re looking for a flat to live in or as an investment, the city’s real estate market is sure to meet your expectations.

If you’re planning to buy a flat in Calicut, start your search today and take the first step toward owning your dream home in this vibrant city.

Why Choose Flats in Calicut?

Flats in Calicut are not just about four walls—they are about lifestyle, convenience, and value for money. Here’s why investing in an apartment here is a smart decision:

Strategic Location
Calicut is well-connected to major cities like Bangalore and Kochi via road, rail, and air. Proximity to the IT hubs in Cyberpark and UL Cyberpark makes it ideal for professionals.
Affordable Pricing
Compared to metro cities, property rates in Calicut are more affordable, offering a great opportunity for first-time buyers and investors alike.
Modern Amenities
Most new apartments come equipped with modern facilities such as swimming pools, gyms, and 24/7 security, ensuring a comfortable and safe lifestyle.
Thriving Community
Calicut offers a balanced blend of traditional Kerala culture and modern cosmopolitan living, making it an attractive place for families and professionals.

Top Areas to Buy Apartments in Calicut

If you are on the lookout for flats or apartments for sale in Calicut, here are some popular areas to consider:

Thondayad
Known for its proximity to educational institutions and hospitals, Thondayad is a prime location for families.
Mavoor Road
A bustling area close to shopping malls and offices, perfect for those who want everything within reach.
Vengeri
This up-and-coming locality offers affordable flats with excellent future appreciation potential.
Kottooli
If you prefer a quieter environment with greenery, Kottooli is an ideal choice.

Things to Consider Before Buying Flats in Calicut

Before making a decision, keep these essential factors in mind:

Budget: Analyze your finances and stick to your budget to avoid overspending.
Builder Reputation: Always choose reputed builders to ensure quality construction.
Location: Pick a location that meets your lifestyle and connectivity needs.
Legal Clearances: Verify documents like the title deed, NOC, and building approval before finalizing the deal.

Benefits of Owning Apartments in Calicut

Owning a flat in Calicut comes with several benefits:

Steady Appreciation: With growing demand, property values in Calicut are steadily rising, making it a wise investment.
Rental Income: Apartments in prime locations can fetch good rental returns.
Lifestyle Upgrade: Modern flats come with features that enhance your living experience.

Finding the Right Flat for Sale in Calicut

Finding the perfect flat can be challenging. Here are some tips:

Research Online: Use trusted platforms to browse listings and compare prices.
Visit Properties: Always visit the property to check construction quality and amenities.
Consult Experts: Real estate agents can help you find the best deals in your preferred location.

Top Builders in Calicut

Several reputed builders offer high-quality flats and apartments in Calicut, including:

Prestige Group
Asset Homes
Sobha Limited

Exploring these developers can give you an idea of what’s available in your price range.

Final Thoughts

If you’re planning to buy a flat in Calicut, start your search today and take the first step toward owning your dream home in this vibrant city.

In recent years, digital advancements have transformed industries, and real estate is no exception. Traditionally a market driven by in-person interactions, paperwork, and location-based constraints, real estate is evolving to meet the demands of the digital age. Real estate apps have become game-changers, offering clients and businesses a seamless way to buy, sell, and rent properties with just a few taps on a smartphone. Leading the way in this transformation is Appkodes Real Estate App Development Company, providing innovative, tailor-made app solutions that are changing how property transactions happen. This article explores the impact of real estate app development on property transactions and highlights how Appkodes helps real estate businesses succeed in the digital world.

The Need for Digital Transformation in Real Estate

The real estate industry, one of the world’s largest markets, has traditionally relied on in-person meetings, physical site visits, and extensive paperwork. While these methods have worked in the past, they come with limitations. Transactions are often lengthy and cumbersome, customer engagement is limited, and businesses face geographical boundaries when marketing properties. As clients increasingly seek online solutions, real estate companies are feeling the pressure to provide digital alternatives.

Real estate apps bridge this gap by offering clients and businesses a platform where they can interact easily, make transactions faster, and access valuable property information with convenience. Real estate app development services, like those offered by Appkodes, bring these benefits to life, transforming the way property transactions are handled and helping businesses stay competitive in a rapidly changing market.

How Real Estate Apps Transform Property Transactions

Real estate apps are packed with features that directly address some of the biggest challenges in the industry, reshaping the process of buying, selling, and renting properties. Here’s a look at how these apps transform property transactions:

Seamless Communication

Real estate transactions require ongoing communication between clients and agents, and real estate apps make this process smooth and efficient. Features such as in-app messaging, push notifications, and instant alerts enable clients to stay in touch with agents, ask questions, and receive timely updates. This reduces delays in communication and builds trust as clients feel more informed and connected throughout the transaction process.

Advantages of Real Estate Apps for Businesses

Real estate apps don’t just benefit clients; they’re valuable assets for real estate businesses as well. Here are some ways these apps drive success for real estate companies:

Increased Market Reach

A mobile app makes it possible to reach a much larger audience, including potential buyers and renters from different regions. Unlike traditional advertising, which is often limited by location, a real estate app can attract clients nationwide or even internationally. This wider market reach translates to more visibility, potential sales, and ultimately, business growth.

Why Choose Appkodes Real Estate App Development Company

Choosing the right partner for real estate app development is essential for businesses aiming to provide a top-notch digital experience. Appkodes Real Estate App Development Company has earned a reputation for delivering customized, high-performance apps that drive results. Here’s why Appkodes stands out:

Expertise in Real Estate Technology

Appkodes’ team understands the unique challenges and opportunities in the real estate industry, ensuring that each app is tailored to address specific business needs. With expertise in the latest technologies, including VR, AR, and secure payment gateways, Appkodes is equipped to build robust, scalable apps that enhance the user experience.

Customized Solutions

Every business is unique, and Appkodes offers custom solutions to meet the distinct needs of each client. From the initial concept to the final app design, Appkodes collaborates closely with businesses to ensure the app reflects their brand, vision, and goals.

Conclusion

Real estate app development is transforming how property transactions are conducted, making the process faster, more efficient, and accessible to a wider audience. By providing an intuitive, data-driven platform, Appkodes Real Estate App Development Company helps real estate businesses streamline operations, engage clients, and stay competitive. As the real estate industry continues to evolve, Appkodes stands ready to empower businesses with innovative, customizable app solutions that deliver results in the digital age.

Partner with Appkodes Real Estate App Development Company and embrace the future of real estate transactions with a robust, high-performance app designed to meet the demands of today’s market.

When considering a move, choosing the right neighborhood is crucial for ensuring a lifestyle that aligns with personal values and daily routines. For those who are considering North Town, it’s essential to dive into the characteristics that make this place unique and understand how it caters to various needs. North Town is much more than just another residential area; it offers a vibrant lifestyle that blends modernity with traditional charm. In this article, we explore whether North Town is the right place for you, focusing on the aspects that make it a sought-after location.

1. Community and Sense of Belonging in North Town
A strong sense of community is a significant appeal in North Town. For those seeking a place where neighbors know each other and are actively involved, North Town may be the perfect fit. Residents regularly organize gatherings, festivals, and local events that foster interaction among neighbors. This sense of belonging is a unique benefit of living here, and it is reinforced by the town’s design, which encourages social engagement through community centers and parks.

People who are new to the area often feel welcomed and quickly become part of the community. North Town values a connected lifestyle, and its residents demonstrate a commitment to creating a positive environment. From cultural events to community service, there’s always something happening that brings people together in North Town.

2. Educational Opportunities in North Town
For families with school-aged children, the quality of education is a top priority. North Town is home to a range of reputable schools that offer quality education and extracurricular activities. The town’s focus on education and development is reflected in its investment in educational institutions and facilities. From early childhood education centers to advanced high schools, North Town has something to offer for every age group.

Parents will find that North Town’s educational options cater to a variety of needs, including sports programs, arts, and academic clubs. The presence of schools close to residential areas makes it convenient for parents to commute, ensuring children can easily access quality education. For residents of North Town, education is viewed as a priority, and the community’s focus on learning is evident in the array of academic opportunities available.

3. Recreational Activities in North Town
One of the biggest attractions of North Town is its recreational offerings. With numerous parks, sports complexes, and fitness centers, North Town encourages an active and healthy lifestyle. The well-maintained parks are perfect for morning jogs, evening strolls, or family picnics. North Town’s commitment to recreational spaces makes it ideal for fitness enthusiasts and families who enjoy outdoor activities.

The town’s recreation doesn’t stop at parks; there are also sports leagues, yoga classes, and cycling paths. North Town actively promotes an environment that supports physical wellness and social interaction. For anyone who values staying active and connecting with like-minded individuals, North Town is a suitable choice that caters to these preferences.

4. Retail and Dining Options in North Town
North Town boasts a variety of retail and dining options that add convenience and enjoyment to daily life. From grocery stores to boutiques and malls, residents have access to everything they need within a short distance. North Town’s shopping centers are designed to cater to various tastes, offering both high-end stores and more affordable options.

Dining in North Town is also a delightful experience, with restaurants that serve a wide range of cuisines. Whether you’re craving local dishes or international flavors, North Town’s culinary scene won’t disappoint. The area is home to cafes, fast-food outlets, and fine dining establishments, creating a rich variety for residents and visitors alike. This mix of shopping and dining options adds to the lifestyle appeal, ensuring that North Town residents can enjoy a fulfilling and diverse experience.

5. Safety and Security in North Town
For anyone considering a new neighborhood, safety is a critical factor. North Town has made significant investments in maintaining a secure environment. The area is equipped with advanced security systems and is monitored by professional security personnel around the clock. North Town’s commitment to safety is evident, making it a great choice for families, retirees, and anyone who values peace of mind.

Tenants in exclusive locations have high expectations from their landlords, with many owners delegating day-to-day maintenance tasks to professional property management companies, adding value to the rental experience and ensuring that all necessary services are available on demand.

Let’s look at the essential aspects of managing rental properties to the highest standards, maintaining superb tenant relationships and what you might expect to pay for expert property management.

The Benefit of Professional Property Management Services

However, property management is often one of the concerns for owners, who may not have the time to deal with maintenance callouts, regular upkeep and compliance with tenant documentation.

Tod Anstee’s property services are led by accomplished colleagues with decades of expertise in maintaining every property to exceptional standards, providing responsive, positive communications, and assuring each property owner that their rental home is in good hands.

Property Managers for Premium Rental Homes

Full-service property management involves far more than dealing with building repair work or ensuring that complaints are handled swiftly on your behalf.

Landlords can choose between varying management services depending on their requirements:

Applicant selection and vetting: your property manager will market your rental property to target prospective groups in select areas and arrange private viewings. On application, the property management team checks references and draws up formal paperwork.
A more active service involves all the above, plus collecting rent, with deposits stored according to tenancy deposit protection regulations and any queries or late payments addressed directly.
Fully managed services provide complete rental management, comprising the above alongside property inspections, day-to-day management tasks, appointing contractors to complete repairs, and ensuring the residence is maintained to the expectations of you, as the owner, and your tenants.

Comprehensive management provides multiple benefits, not least addressing the time burdens of responding to requests, liaising with repair professionals, and managing tenants’ finance agreements.

What to Look for in a Capable Property Manager

Property owners are advised to conduct due diligence before contracting any property management companies to manage their residential property assets. Several skills and abilities are crucial to being a responsible property management team.

Local knowledge is key, not solely to establish reliable networks of property management tradespeople, but to understand how to market a premium rental asset or development site to the correct demographic.

Other factors that we suggest owners look for include the following:

Experience – wherever the property in question is, you require a reliable property manager who can independently handle residential property repairs, communicate on your behalf, and take on all the responsibilities associated with strong tenant support.
Services – we provide the full spectrum of property management, including assessing your property to determine the optimal rental premium, collecting payments, arranging maintenance, delivering rent increases and providing emergency liaison 24/7.
Transparency – our property managers often work with clients disappointed with previous services due to unexpected charges, fluctuating rental property costs, and delays in meeting requests. As a respected leader in West Sussex real estate, our property managers keep you fully in control and provide a clear fee structure upfront to ensure you make informed choices about your rental business assets.

The aptitude of your appointed property company is even more important for higher value residences, creating a flawless level of service, and mitigating the potential for vacant periods.

How to Compare Property Management Company Fee Structures

We endeavour to cater to the needs of every owner we represent and will always discuss your requirements before providing advice about the right property management services for you.

Much depends on your level of involvement and whether you would like to retain responsibility for particular tasks, such as day-to-day management, liaising with rental clients who are in arrears or selecting from prospective new renters based on our background checks.

From there, your property management costs will vary depending on the scope of the work you would like us to conduct and how you prefer to engage with your tenants.

When comparing UK management quotations, we suggest you examine pricing carefully to establish variances and potential extra costs, such as:

Authorisation policies for recommended repair work.
Early termination charges if you opt to discontinue the property management contract.

For more guidance around management services for high-end rental accommodation or to discuss our fee structures and the services available, please contact Tod Anstee at your convenience.

Alternatively, our Residential Property Management page details the options you may wish to choose from.

Information Source – https://www.todanstee.com/latest-news/how-much-pay-for-high-value-property-management-services/

In the dynamic world of real estate, managing financials with precision is crucial. From handling large volumes of transactions to ensuring compliance with ever-changing regulations, the accounting function can become overwhelming. This is where Real Estate Accounting Outsourcing comes into play, offering a strategic solution to manage these complexities efficiently. At EXO Edge, we specialize in providing tailored accounting and finance services that help businesses streamline their operations, ensure compliance, and focus on growth.

Advantages of Real Estate Accounting Outsourcing

Strategic Resource Allocation:- Outsourcing allows real estate firms to allocate their internal resources more strategically. Instead of burdening in-house teams with time-consuming accounting tasks, companies can redirect their efforts towards core business activities such as property development and client relationship management. This strategic allocation not only enhances productivity but also drives business growth.

Access to Cutting-Edge Technology:- Keeping up with the latest accounting software and technology can be both costly and challenging. By outsourcing to a specialist like EXO Edge, businesses gain access to state-of-the-art tools and technologies without the need for significant investments. This ensures that accounting processes are not only efficient but also leverage the latest advancements in the field.

Risk Mitigation:- Outsourcing accounting functions to a specialized provider like EXO Edge significantly reduces the risk of errors and non-compliance. Our expert teams stay updated with the latest regulatory changes and industry standards, ensuring that your financials are always accurate and compliant. This risk mitigation is crucial in avoiding costly penalties and reputational damage.

Focused Expertise:- Real estate accounting requires a specific set of skills and knowledge. At EXO Edge, our teams consist of experts who are well-versed in the nuances of real estate financial management. This focused expertise ensures that your accounting needs are handled with the highest level of proficiency and attention to detail.

Business Continuity:- Maintaining continuity in accounting processes is vital for any business. By outsourcing to EXO Edge, you ensure that your accounting operations run smoothly without interruptions. Our robust infrastructure and experienced personnel guarantee that your financial management is consistent and reliable, even during times of internal transitions or market fluctuations.

Addressing Hesitations

Why Real Estate Accounting Outsourcing is Beneficial

Despite the clear advantages, some businesses hesitate to embrace real estate accounting outsourcing due to concerns about losing control over their financial data and processes. However, partnering with a trusted provider like EXO Edge can alleviate these concerns. We prioritize transparency and collaboration, ensuring that our clients have full visibility and control over their accounting functions. Regular updates, detailed reports, and open communication channels are integral to our service delivery, providing peace of mind and confidence in the outsourcing process.

Moreover, the security of sensitive financial data is a top priority at EXO Edge. We employ robust data protection measures and adhere to stringent confidentiality protocols to safeguard your information. By outsourcing, you not only maintain control but also enhance the security and efficiency of your accounting operations.

Conclusion

Real Estate Accounting Outsourcing with EXO Edge offers a myriad of benefits that can transform your financial management processes. By leveraging our specialized services, businesses can strategically allocate resources, access cutting-edge technology, mitigate risks, benefit from focused expertise, and ensure business continuity. While initial hesitations are natural, the long-term advantages of outsourcing far outweigh any concerns. Embrace the future of real estate accounting with EXO Edge and unlock your business’s full potential.

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Introduction

Welcome to Sohni Saiban, where luxury meets affordability in the heart of Scheme 33, Karachi. If you’re seeking an exquisite living experience with modern amenities and a prime location, our luxury apartments offer just that. This blog will delve into the many advantages of choosing Sohni Saiban, including our ideal location, the outstanding design of our apartments, convenient installment options, and the vibrant community we foster. Discover how our properties redefine luxury living and offer unparalleled convenience and comfort.

Prime Location in Scheme 33

One of the most compelling reasons to choose Sohni Saiban is our prime location in Scheme 33, Karachi. Strategically situated along the Main Super Highway and adjacent to the Daewoo Terminal, Sohni Saiban offers easy access to key commercial and residential areas. The Lyari Expressway connects you effortlessly to II Chundrigar Road, Karachi’s bustling business hub, while providing a respite from the city’s pollution.

Essential destinations such as Karachi University, Baqai Medical College, and Memon Hospital are just 10-20 minutes away. This proximity ensures that you’re never far from vital institutions and services. Additionally, nearby areas like Buffer Zone and Federal B Area further enhance the convenience and accessibility of Sohni Saiban location. Our apartments offer the perfect balance of urban connectivity and serene living.

Luxury Living Redefined

Sohni Saiban’s luxury apartments are a testament to refined living. Each residence is meticulously designed to offer both elegance and comfort. Our properties feature modern architectural styles, high-quality materials, and state-of-the-art amenities. The spacious interiors are crafted to enhance your living experience, providing ample room for relaxation and entertainment.

The attention to detail in our design sets Sohni Saiban apart from other options in the market. From the contemporary facade to the thoughtfully planned layouts, every aspect of our apartments is geared towards creating a sophisticated living environment. This commitment to quality ensures that you experience luxury at its finest, right in the heart of Scheme 33.

Installment-Based Flats

Affording luxury living has never been easier with Sohni Saiban flexible installment options. We offer a variety of payment plans that make it possible to own a high-end apartment without straining your finances. These installment plans are designed to fit different budgets and financial situations, ensuring that more people can enjoy the benefits of living in a premium residence.

Opting for an installment-based flat allows you to manage your finances more effectively while securing your dream home. This approach not only makes luxury living more accessible but also provides the flexibility to plan your budget according to your needs. Discover how our installment options can turn the dream of owning a luxury apartment into a reality.

New Projects in Scheme 33

Sohni Saiban is at the forefront of new developments in Scheme 33 with our latest projects. These new ventures are crafted to meet the evolving needs of modern residents, incorporating cutting-edge design and innovative features. Our new projects in Karachi are not just buildings; they represent a lifestyle upgrade and a commitment to enhancing the living standards of our community.

Each project comes with unique selling points, from advanced amenities to strategic design elements. Expected completion timelines are communicated clearly, so you can plan your move with confidence. Stay tuned to our updates to learn more about these exciting new projects and how they align with your vision of a perfect home.

Contemporary Amenities

Our luxury apartments are complemented by a range of contemporary amenities designed to elevate your lifestyle. From well-equipped fitness centers and serene parks to comprehensive security features, Sohni Saiban ensures that every aspect of your living experience is enhanced.

These amenities are more than just add-ons; they are integral to the quality of life we aim to provide. Whether you’re looking to stay active, relax in a peaceful environment, or enjoy a secure living space, our amenities cater to all these needs and more. Experience a lifestyle that combines convenience with luxury, all within the confines of your home.

Expansive Interiors and Design

The interior design of Sohni Saiban’s apartments is a showcase of modern luxury. Our residences feature expansive layouts that maximize space and comfort. The design focuses on creating an inviting atmosphere with high ceilings, large windows, and elegant finishes.

Each apartment is thoughtfully designed to enhance both functionality and aesthetics. Features such as open-plan living areas, stylish kitchen fittings, and spacious bedrooms are included to ensure that every detail contributes to a luxurious living experience.

A swiftly changing tax landscape is adding more confusion to the pros and cons of purchasing a rental property as an incorporated company vs as a private individual.

However, where the rental property belongs to an existing company owner, they might decide to transfer ownership or invest in a new property through their commercial business.

In this guide, the Tod Anstee team explores all the options, with comparable information to help you make informed decisions about which property ownership structure is right for your portfolio.

Stamp Duty Rates for Limited Companies, SPVs and Individual Property Investors

Stamp duty is payable by the property investor at the point of acquisition, but rates vary depending on your tax position and legal ownership status.

Limited companies pay commercial stamp duty at 15% if the property is intended as residential accommodation and costs over £500,000. A 3% surcharge is automatically added, plus a further 2% if the buyer is not a UK resident.

However, the purchase may qualify for a different treatment if:

The business is a property rental company, for example, an SPV, AND
The property is expected to generate a profit (e.g., not leased free of charge to a family member or employee).

This factor is one of the key contrasts between investing in property as an SPV and buying rental assets through an incorporated business with another purpose. SPVs pay the standard stamp duty rates plus a 3% second homes surcharge on any acquisition of any value over £40,000.

Note that the 3% applies regardless of whether you, or your company, already own a private property.

Stamp Duty Rates for Companies

Companies pay stamp duty at a standard higher rate of 15%, plus a 3% surcharge if they purchase a residential property. This rate applies to investments of over £500,000 made by companies, partnerships where one partner is a company, and investment schemes.

SPVs pay the normal stamp duty rate as below, plus the 3% surcharge.

Stamp Duty Rates for Private Individuals

Stamp duty thresholds changed on 23rd September 2022 and will remain as follows until 31st March 2025, any further announcements notwithstanding.

Property investors who purchase residential accommodation as a private individual pay these rates, plus 3%, if they already own another residential property.

Property Value Stamp Duty

Up to £250,000 0%

£250,001 – £925,000 5%

£925,001 – £1.5 million 10%

Over £1.5 million 12%

The Tax Advantage of Owning a Rental Property through a Limited Company

An SPV works like any other limited company but is designed for rental property ownership rather than a trading business, with financial benefits linked to stamp duty.

Changes to mortgage tax relief have driven more landlords to consider managing their property business through a limited company. The ‘sliding scale’ gradually reduced the amount of mortgage interest and other expenses self-employed landlords could deduct from their taxable profits to zero.

Landlords that pay tax as a company rather than as an individual can deduct 100% of their mortgage costs from their revenue before calculating a net profit against which they pay corporation tax rather than income tax.

Other Tax Considerations for Landlords

While there are clearly multiple, potentially complex factors to consider, additional tax system elements could impact your decision. Stamp duty and income tax are only two tax obligations associated with owning a rental property through any ownership structure.

Capital Gains Tax

Another reform due to hit in April 2023 is the cut to capital gains tax allowances, dropping from £12,300 to £6,000 and again to £3,000 in April 2024. Landlords pay capital gains tax when they sell a property based on the profit made.

Property owners who intend to sell portfolio assets this year may wish to proceed quickly to avoid paying an additional £6,300 on the net gain.

Owning a Rental Property Privately vs Through a Company

This long list of considerations demonstrates why there isn’t a clear-cut answer. Although stamp duty rates make the cost of owning a rental property through a business appear less attractive, this option may remain the most tax efficient.

Please contact Tod Anstee at any time if you would like to arrange a more detailed conversation about any of the information contained within this guide, or speak with your accountant or financial adviser for advice on your tax exposure and the most suitable route to take.

Information Source: – https://www.todanstee.com/latest-news/stamp-duty-levies-worth-investing-property-through-limited-company/

Landlords rely on a letting agent to take over the management, advertising, maintenance, and tenant communications linked to their rental properties, and need an agent they can trust to fulfil their expectations in terms of tenant care and professionalism.

One of the many ways to assess the quality and standard of a prospective letting agent is to evaluate the accreditations, quality marks and experience they have. A well-established letting agent will always be happy to discuss their capabilities, specialisms, and expertise.

What Is an ARLA-Approved Letting Agent?

Propertymark is a designation awarded by the Association of Residential Letting Agents (ARLA), an industry body launched in 2017, absorbing several previous organisations. It focuses on industry standards and only accepts applicants who prove they meet the requirements.

Some of the advantages of working with an ARLA-approved agent include the following:

• Income protection through the Propertymark Client Money Protection Scheme, which applies to tenants and landlords. Any affected party could claim compensation if a dispute arose.

• Access to up-to-date professional knowledge, with agents required to demonstrate professional development to remain current regarding property law and legislation changes.

• Professional indemnity insurance, providing peace of mind that if you ever receive poor advice or experience substandard service, you will be backed by full coverage.

NAEA Propertymark Protection

Tod Anstee is also an NAEA Propertymark agent, although this applies to the estate agency aspect of our business. The same rigorous standards apply, ensuring that every landlord consults with an experienced agent at the forefront of current market knowledge and advice.

Letting and estate agents do not need to register with any compulsory supervisory body, and ARLA and NAEA membership is entirely voluntary and at the agents’ cost. However, this investment in standards, transparency and industry leadership is an important way to showcase a level of service unavailable elsewhere.

Tenancy Deposit Scheme Members

Letting agents, and landlords who manage their rental properties directly, must comply with government legislation around the handling of deposits. There are specific rules in place, which protect deposit funds and ensure landlords, or their representative agents, return funds at the end of a tenancy according to the regulations.

The Tenancy Deposit Scheme is one of the compliant schemes which includes adjudication in the event of a dispute, which protects the interests of all involved.

The Guild of Property Professionals

Our membership of The Guild represents inclusion in a limited network of 800 selected property agents, chosen for high standards, knowledge-sharing, innovation, and outstanding customer service. Guild members are spread across the UK and are an exclusive group of the best property experts available.

Tod Anstee follows The Guilds’ Trading Standards recognised industry training – the only one of its kind – which sets Guild members apart in terms of compliance and trust.

Registration With the Property Ombudsman

We also recommend you select a letting agent (or estate agent for sales transactions) registered with the Property Ombudsman (TPO) Scheme, which provides the approved code we display on our website.

This scheme delivers redress options in a conflict or disagreement, holding agents to stringent standards and implementing an independent, fast, and fair complaints resolution system.

Trading Standards Approved Code

Trading Standards sets various rules and regulations about how British businesses serve and support their customers. The Consumer Codes Approval Scheme is awarded to companies that meet the requirements and provide good service levels, including clear information and access to a complaints procedure.

The Benefits of a Highly Accredited Letting Agent

Each of these standards or awards focuses on a slightly different aspect or area of the property letting market, but evidence whether a letting agent has successfully been granted membership, or has achieved the requisite professional standard to gain the accreditation.

Landlords need to know which standards to look out for to be able to clearly distinguish between a substandard agent without formal training, education or marketing networks and an established, talented team with wide-reaching skills.

Choosing a letting agent with a broad range of accreditations ensures landlords are protected by redress schemes and receive improved service levels for themselves and their tenants with a significantly lower risk of error, extended vacancies.

Background checking can help you select a competent, professional property team with appropriate formal credentials and independent endorsements from recognised trade bodies.

Please contact our friendly letting team for more details about our accreditations and awards, including the Estate Agent Awards 2021 award for Best Agency Network, presented by The Guild of Property Professionals.

Information Source: – https://www.todanstee.com/latest-news/important-arla-propertymark-letting-agent/

Location is always an important factor in property, especially when deciding on the best opportunities to expand a buy-to-let investment properties portfolio. Landlords may have a preferred niche, such as high-end apartments for professionals or semi-detached family residences, but local knowledge is key.

For example, a well-maintained rental property marketed to tenants with children is less likely to command a premium if it is outside the catchment area for the best local schools, and vice versa.

As we’ll explore below, there are advantages to working with an established agent with comprehensive experience in property sales and the letting market in any region you intend to buy.

Calculating Demand before Making a Buy-to-Let Investment Property Acquisition

One of the fundamental elements of making a reliable profit through property rental is demand; both having plenty of quality tenants to select from when letting a new rental asset and ensuring that tenancies are longer-running and sustainable.

Every city, town and village has specific neighborhoods, roads and areas that are considered the most exclusive or preferable for diverse reasons:

• Falling within catchment areas for outstanding schools.

• Excellent views, with sea or river views a particular draw.

• Off-street parking or free and plentiful on-street parking.

• Easy access to transport routes, supermarkets and local amenities.

• Being within walking distance of parks, beaches and attractions.

These features are unrelated to the property itself. Still, they can make a significant difference in the rental value assigned when a residence is offered to let and demonstrate a variance in the rental price achievable for two comparable properties but in different areas of the same town.

Understanding Tenant Demographics for Rental Investment Properties Marketing

Landlords who live locally may be aware of some of the factors that might make one address more favourable than the other, but it is also important to consider demographics and those things that will matter most to the tenant group you expect to let to.

It can be useful to assess who you most anticipate renting your newly acquired property to and then consulting a letting agent to pinpoint the most meaningful priorities for that group.

Examples include properties within ten minutes of central city office districts, homes with larger outside gardens, residences close to harbours or marinas, or even homes away from flood plains or areas more exposed to high winds in coastal areas.

While most landlords will be used to considering their tenants rather than their own preferences and tastes when selecting investment properties, local agents can provide valuable insights that can add value to your bottom line.

Another good example is the EPC rating, not least because of the evolving standards. Particularly for smaller properties, a rental investment with upgraded insulation, double-glazing and heating is far less likely to be vacant since lower-income renters will want to know what a rental home will cost to run, as well as what the monthly rent will be.

Evaluating the Right Rental Price

Rental pricing can be difficult to get right because so much depends on the perceived desirability of a postcode, area or property, balanced with the type of tenant you intend to market to, general market conditions and the property itself.

Setting the price too high can make it harder to attract quality tenants and will usually mean a rental property remains on the market, provided other accommodation options are available at a more competitive cost.

However, if you set the rental value of a newly purchased buy-to-let too low, without realising a feature or element could allow you to charge more, you could be inadvertently reducing your potential profits.

All the aspects mentioned above can add real value to a rental property, and a letting agent working in the area will be able to offer guidance as to the following:

• The number of prospective tenants on waiting lists.

• Average rental prices in the specific part of West Sussex.

• Demand for property types, sizes and locations.

• Comparable rental premiums currently being charged.

• Marketing options to boost visibility.

The final point is important because although many rental investment properties are let to tenants living in the local area, that may not always be the case.

For more information about buying rental investment properties in any area within West Sussex, please get in touch with Tod Anstee – estate agents chichester at your convenience.

Information Source: – https://www.todanstee.com/latest-news/local-knowledge-essential-to-select-profitable-rental-investment-properties/