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Are you home yet?

BRIGHTON

FREE | the no.1 place to buy or rent a property 12 – 18 September 2017 ★ Issue 846

HOME MAKER Oakley’s Kingsthorpe Hove development 100% sold

We stay open until 8pm every Thursday

SALES • LETTINGS HOLIDAY LETS

01273 626000 www.palmsproperties.co.uk

Be moved by

the experienced

www.h2ohomes.co.uk the agent for waterside homes

01273 243 561 www.surepropertysolutions.co.uk

UPSTAIRS DOWNSTAIRS Movin’ on up, movin’ on out – Soundhouse have stylish solutions for all your home extensions Page 4

MONEY MATTERS Craig Poulter on standard variable rate

The Specalist Agent for Brighton Marina

01273 688448

Brighton Looking for property? You'll find it here. latesthomes.co.uk Brighton’s best property website

27 YEARS & COUNTING! Our level of service and fees cannot be beaten 01273 207207 www.tanat-jones.com


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11AM FRIDAY 22ND SEPTEMBER 2017 NEW VENUE THE OLD SHIP HOTEL, KINGS ROAD, BRIGHTON, BN1 1NR Simon Caplin 01273 274010 simoncaplin@psandb.co.uk

GOLDSTONE VILLAS, HOVE • Resi Investment - 3 x 1 Bed Flats • 2 x Self-Contained with Third Easily Self-Contained • All Let on ASTs Producing £24,900 pa

GUIDE PRICE: £550,000+ FH

HALLYBURTON ROAD, HOVE • Residential Investment - 2 x 1 Bed Flats • Vacant, Rental Value of £800-£900 pcm Per Flat Achievable • Potential to Reinstate Back into Family Home (STNC)

GUIDE PRICE: £390,000-£410,000 FH

BEACON ROAD, CROWBOROUGH • Commercial (A1/A2) Unit Over 3 Floors • Potential for 1-2 Bed Flat on 1ST Floor Under PD Rights/Planning Consent (STNC)

GUIDE PRICE: £210,000-£230,000 FH

SEDBURY ROAD, SOMPTING • FH Two Bed Semi-Detached Bungalow • In Need of Updating - Potential to Extend (STNC) • Popular North Sompting Residential Area

GUIDE PRICE: £220,000-£240,000 FH

DITCHLING ROAD, BRIGHTON • Mixed Investment - GF Retail with Resi Above • Let on 21 Year Lease at £21,250 PA • June 2017 Review Outstanding

Kelly Landers 01273 274014 kellyl@psandb.co.uk

BEAR ROAD, BRIGHTON • Spacious Mid-Terraced 2 Bed House • Potential to Extend (STNC) • Located Close to Lewes Road

GUIDE PRICE: £375,000-£400,000 FH

GUIDE PRICE: £290,000-£300,000 FH

THE HIGHWAY, NEWHAVEN

BROADWATER ST EAST, WORTHING

• Double Plot – Agricultural / Amenity Land • Measuring Approximately 320 SQ M • Sea Views - Access Via A259 Coastal Road

GUIDE PRICE: £15,000-£16,000 FH

TARRING ROAD, WORTHING • Vacant Ground Floor Retail Unit of Approx 35 SQ M • Recently Re-fit Offering Open Plan Layout • Prominent Commercial Thoroughfare

GUIDE PRICE: £45,000-£55,000 LH

CHAPEL HILL, CROWHURST • Plot of Land Measuring Approx 400 SQ M • Ideal Building Plot (STNC) • Idyllic Rural Location Close to Village School & Station

GUIDE PRICE: £50,000+ FH

• Grade II Listed 2 Storey Retail Premises • Offered with Vacant Possession • Prominent Location in Busy Commercial Thoroughfare

GUIDE PRICE: £185,000-£200,000 FH

MADEIRA PARADE, BOGNOR REGIS • Lock-Up Garage - Let at £600 pa • Approx 11.75 sq m Floor Area • Close to Bognor Town Centre

GUIDE PRICE: £8,000-£10,000 FH

SOUTH COAST ROAD, PEACEHAVEN • LH Ground Rent Investment • Producing GR Income £850 pa • Located on A259 Close to Seafront

GUIDE PRICE: £8,000-£10,000 LH

A guide price is a range that the auctioneers expect the property to sell within. The reserve price is usually set within this range but never above it. Both can be subject to change. www.psandb.co.uk 3 2 Q U E E N S R O A D , B R I G H T O N , B N 1 3 Y E

Follow us on Twitter @psb_auctions


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LH CONTENTS 4 | MOVIN’ ON UP – MOVIN’ ON OUT

When it comes to loft conversions and home extensions, Soundhouse have a brilliant reputation for fine work and stylish solutions

6 | PERFECT PLACEMENT

Two exciting opportunities from Leaders to buy a brand new luxury home in Brighton….

7 | HOME MAKER

New homes at Oakley’s Kingsthorpe Hove development are 100% sold in 11 weeks

4

9 | MONEY MATTERS

Craig Poulter on standard variable rate: the lender’s licence to print money

9 | NOW & THEN

It's auction time again for Andy Garth

14 | HOMES ACROSS SUSSEX

A wide range of homes available to rent or buy from page 14

20 | WHAT DOES IT COST TO BE A LANDLORD? Khalil Properties gets to the root of landlord finances

7

HOT PROPERTY Space galore Detached living with room to breath in this stunning, tastefully designed, five bedroom modern house in Goring. You’ll have a massive garden, three bathrooms, a double width garage, and when visitors come to stay you’ve even got a completely independent annexe to protect your space. £1,250,000 01903 331567 www.robertluff.co.uk

LH

LATEST GROUP

To advertise call

01273 687171

1 PAGE OF PROPERTY ON PAGE 14

Managing Director Bill Smith Business Director Angi Mariani Creative Director Andrew Kay

LATEST 7/HOMES

LATEST TV

Head of Sales & Marketing Lesley Lawrence CEO Bill Smith Editor Joe Fuller TV Scheduling Dan Roberts Entertainment Editor Victoria Nangle Sales Manager Tracey Davidson Design/Production Kyle Moon

LATEST HOMES, 14-17 MANCHESTER STREET, BRIGHTON, BN2 1TF Editorial: editorial@thelatest.co.uk

LATEST MUSICBAR Ali Cluney­Hickford Jeff Hemmings Lesley Lawrence

Advertising: sales@thelatest.co.uk


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MOVIN’ ON UPWhen it comes to loft conversions and home extensions Soundhouse have a brilliant reputation for fine work and stylish solutions

H

in Seven Dials and an airy modern extension in Preston Park, two

Soundhouse for more years than we care to remember – and it’s

projects that have been recently completed. In Seven Dials we

always been a pleasure.

have the Soundhouse signature seamless transition from the

ere at Latest Homes we have been reporting on the projects undertaken by Brighton & Hove building specialists

Soundhouse have provided us with some of the most stylish and

This time we’re taking a look at a beautiful new loft conversion

existing features of a property to the new, opening up to a

memorable features over those years, beautiful loft conversions,

spacious new master bedroom with masses of light and airy

stunning extensions and always innovative ideas – and they have

space as well as a striking en­suite shower­room and a walk­in

introduced us to a very happy band of satisfied customers. People

wardrobe. Clean lines, cool grey walls and a deep wooden floor

have been happy to talk to us about this exemplary company, their

create a warmth and depth whilst a wall of windows lets in the

professionalism, cleanliness, adherence to budgets and to time scales.

maximum amount of crisp light. The impact is impressive.

“ Nick and his team have done a brilliant job with superb craftsmanship ”


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MOVIN’ ON OUT Over in Preston Park there is a vibrant contemporary new kitchen

extension that affords that dream of home and garden becoming one through large tri­fold glass doors. Clean white units and crisp lines are offset by bare brick feature walls and cleverly placed roof lights. The impact is undeniable – but are the clients as happy as

are very

previous ones? We spoke to the clients about their new loft level

considerate

suite. “We’re thrilled, Nick and his team have done a brilliant job

too and made

with superb craftsmanship. They are kind and meticulous, Nick will

sure we were

never claim to be the cheapest but the standards they adhere to are

comfortable throughout the whole build. We had a good idea of

worth every penny. These days we hardly want to get up in the

what we wanted but their design skills proved to be invaluable

mornings and leave our beautiful new room.”

when it came to realising our dream.” Once again, clients affirm

Over in Seven Dials the story is the same: “We found them

that when it comes to movin’ on up or movin’ on out, Soundhouse

through local recommendations and through friends. They were

are the go­to team.

on time and on budget and communications were good. They

sound­house.co.uk

07771 550194

nick@sound­house.co.uk

“ Their design skills proved to be invaluable when it came to realising our dream ”


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PERFECT

PLACEMENT Two exciting opportunities to buy a brand new luxury home in Brighton….

P

eople planning to buy a brand new home in Brighton have two fabulous opportunities currently open to them in two highly desirable parts of the city. Local property specialist Leaders is delighted to be offering new luxury homes at a pair of iconic developments: Russell House and Brighton Marina. Some 54 apartments are currently under construction at Russell House, which sits just a few minutes from Churchill Square, the Lanes and Brighton’s mainline rail station. Interiors have been designed to the highest possible standard, designer appliances and fittings have been chosen and many apartments include spacious terraces and balconies, making these among the most highly sought­after new homes in the city. A special launch event is taking place at Russell House on Saturday 23rd

September, with buyers invited to book an appointment to view the apartments that remain available for sale and discuss the latest pricing structure. Meanwhile, those who prefer idyllic waterside living to the hustle and bustle of a thriving city centre should take a look at the magnificent development taking place at Brighton Marina. More than 850 state­ of­the­art apartments are being built at the marina in a project due to be completed in 2025.

“ Just a few minutes from Churchill Square, the Lanes and Brighton’s mainline rail station ”

Initial phases have been completed and have entirely sold out, but there is now an opportunity to purchase from the next stage of available properties, including those in the breathtaking 40­storey tower set to be at the heart of the new­look marina. The new apartments boast stunning views of either the sea or the marina waters, a high­quality finish throughout and provide easy access to nearby shops, restaurants and leisure facilities. These are among the most prestigious waterside

properties available anywhere in the UK right now. For more information or to arrange a viewing at Russell House or Brighton Marina call your local Leaders branch or visit leaders.co.uk.

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DID YOU KNOW? Mould is a Category 1 Health Hazard If left untreated MOULD can: • Trigger asthma attacks • Cause allergic reactions • Cause sinus infections • Make you more susceptible to colds and flu

If your home, let or business is affected by mould, don’t delay – call us today

BEFORE 6 | LATEST HOMES

AFTER

LATEST TV | VIRGIN MEDIA 159 | FREEVIEW CHANNEL 7


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HOME MAKER

New homes at Kingsthorpe Hove development are 100% sold in just 11 weeks

F

ollowing Oakley’s open day launch in May of the fantastic family homes at the Kingsthorpe development in Hove, they are delighted to announce that the first new owner­occupiers have started to move in. At just 11 weeks after the show home launch, each one of the nine homes in the new development is now sold. The houses demonstrate a stylish open­plan design that has been carefully constructed for sustainable, eco­friendly contemporary family living. Set over three floors, the luxury 3/4 bedroom houses consist of open­plan kitchen, living and dining areas flooded with natural light through clever use of internal doors and large patio doors leading to landscaped patio gardens. The top floor is entirely dedicated to the Master Suite with its own impressive en­suite bathroom, dressing area and south­ facing terrace. The developers, Greenrock Homes, are pleased that the development has been so popular and that residents still have plenty of summer left over to enjoy their sun­terraces in their new homes. The properties are in a fantastic location to enjoy all the great outdoor space that Hove offers too. Managing Director Phillip Gowing comments: “We are so pleased that the homes at Kingsthorpe are already being enjoyed by their new owners. Oakley have done a fantastic job of overseeing the whole sales process and we hope the new owners will be happy living in these homes for many years to come.” Oakley New Homes Team department continues to grow Oakley have had similar instant success with Providence Lofts in Brighton, with only one of nine apartments remaining and are LATEST TV | VIRGIN MEDIA 159 | FREEVIEW CHANNEL 7

currently reserving off­plan for 1, 2 & 3 bedroom apartments and 3 bedroom houses at New Wave in Hove. In central Brighton they have two new developments, 1825 Residence and Lace House, both overlooking Old Steine Gardens & Victoria Fountain and offering a selection of 1, 2 & 3 bedroom apartments. Alongside the launch of Lace House this autumn, Oakley shall also be launching two individual 2­bedroom houses close to Brighton Station, filled with the latest mod cons, finished to a high specification and with modern designer Italian furniture.

“ Launching two individual 2­bedroom houses close to Brighton Station ” At Oakley, we have vast experience in supporting developers with the sale of new homes and always have a number of new­ build and newly­renovated properties within our Residential Sales department. Our Residential Sales Director James Epps is pleased to see the market thriving. James comments: “We are proud of the professional relationships that we have built with many prestigious national & local developers, including Greenrock Homes. Our area is a fantastic place to live, so it is always a pleasure to market new homes and to help buyers find very high­ quality properties in the South East. We look forward to Greenrock Homes' next exciting new development of fourteen luxury 2, 3 & 4 bedroom family homes ideally located in central Haywards Heath." For further details or to register interest see www.vermontplace.co.uk. LATEST HOMES | 7


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MONEY MATTERS Craig Poulter on standard variable rate: the lender’s licence to print money

I

t is estimated that in the UK 3 million mortgages are on a lender’s standard variable rate: I hope you’re not one of them? In a few, limited circumstances, being on a lender’s standard variable rate makes sense, for example if you are looking to move in the immediate future or planned to pay off your mortgage. For the majority it is essential whenever your initial benefit period (i.e. 2 year fixed rate) ends you have a new mortgage lined up to take its place. The majority of high street lenders have a standard variable rate in the region of 4%, which 5 years ago wouldn’t have been terrible. However, in a market where lenders are now fighting for your business rates can be found at circa 1% for a 2 year fixed rate, paying in the region of 4% is going to add a sickening amount of interest to your monthly payment. If you find that your circumstances have changed significantly since you first applied for your current mortgage, resulting in lower income, finding a new lender could be particularly difficult. In recent years

lenders have been far more accommodating with “product transfers”, this is where they offer you a new rate

“ Paying in the region of 4% is going to add a sickening amount of interest ”

I would recommend reviewing your mortgage 4 to 5 months before the rate is due to finish, this allows plenty of time to resolve any potential hiccups and gives the solicitor more than enough time to get the transaction completed if a switch to a new lender is best suited. Remember, always speak to a reputable broker rather than trying to do it alone, make the most of their expertise and trust them to tailor the mortgage to your circumstance. Craig Poulter Certs CII (MP &ER) www.venturemm.co.uk 01323 894532

NOW & THEN It's auction time again, by Andy Garth

A

s you must be very aware by now, every two months, Brighton and Hove Stuff (that's me) and Step Back In Time (that's Postcard Man Robert Jeeves) hold an auction of all things Brighton Hove and Sussex. The next one is Tuesday 26th September at The Aldrington Church Hall, Glebe Villas, Hove, with doors open at 6.30pm for viewing with a start time of 8pm (it takes about two hours). What has become so much fun over the past three years of holding these sales, is the vastly different array of lots that are sold, and this month is no exception.

(usually quite competitive) without the need for seeing new payslips, bank statements, credit score. As long as you have kept up to date with payments most people qualify for a product transfer. The Financial Conduct Authority are due credit for this shift in attitude, but target mortgage lenders on retaining their customers rather than letting them leave without the offer of a new deal.

The photos this week show some original sales brochures from the 1930s of two blocks in Preston Park Avenue and are in superb condition, each with a guide of £10. As usual we have a great selection of original photos covering all areas of the city and county, from the 1920s through to the 1980s showing various buildings and places as they were. The second photo, from 1975, shows the part old and part new of the Freshfield Trading Estate (built on the site of Kemp Town railway station) under construction, with the old buildings still there on Eastern

LATEST TV | VIRGIN MEDIA 159 | FREEVIEW CHANNEL 7

Road (which reminded me of one of my previous columns about the building works at the hospital as it seems Eastern Road has been constantly under construction for many a year).

“ Some original sales

brochures from the 1930s ”

If you would like a catalogue for the sale please email me. If you would like to view any items they are all at Robert’s shop Step Back in Time on 36 Queens Road, Brighton (open 7 days a week). Next week I will show you more lots. Brightonandhovestuff@gmail.com 28 Western Rd, Hove, BN3 1AF

LATEST HOMES | 9


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NEW in

NEW price

Holtview Road

Elm Grove

East Drive

£410,000 Freehold • Good size accommodation • North Woodingdean Location • Drive & Garage • Fabulous views to the sea. EPC D68 Call Woodingdean office on 01273 278866

£400,000 Freehold • Spacious 3 bedroom semi-detached house • Lounge, dining room, kit/breakfast room • Attractive gardens. Popular location • Available chain free. EPC D67 Call Lewes Road office 01273 677001

£160,000 Share of Freehold • Newly re furbished TF studio flat • New kitchen & bathroom • Great location on Queens Park • Chain free. Share of freehold. EPC F37 Call Lewes Road office 01273 677001

NEW in

Wilbury Road Price guide £390,000 Share of Freehold • Spacious 2 double bedroom top floor flat • Lounge, oak floors, gas heating • Smart kitchen/diner & modern bathroom • Sought after road. EPC E45 Call Fiveways office 01273 566777

Hartington Road

Clyde Road £635,000 Freehold • 4 double bedrooms • Close to Brighton station • Spacious accommodation • EPC C70 Call Fiveways office 01273 566777

Price guide £650,000 Freehold A STUNNING 4 DOUBLE BEDROOM 3 STOREY WHITE BRICK VICTORIAN FAMILY HOME located on arguably the most sought after terrace in the area. The property has a fantastic kitchen/dining room, a superb open plan living space, a luxury wet room, period features, a private drive and a beautiful landscaped walled rear garden with mature trees. Energy Rating: D60 Exclusive to Maslen Estate Agents Call Lewes Road office 01273 677001


015_000_LH846_Robert_Luff_LH601 08/09/2017 10:21 Page 4

Brighton Road, Lancing

• Waterside Home • Three Bedrooms • Master En-suite With Balcony

• Garden Office/Studio • Garage & Parking • Solar Energy & Underfloor Heating

OIEO

High Street, Shoreham-by-Sea

Parkside, Woodland Drive, Hove

£740,000 • Detached Family Home • Four Double Bedrooms • Three Reception Rooms

• West Facing Garden • Ample Off Street Parking • ADJACENT TO HOVE PARK

Sea Place, Goring-by Sea

OIEO • Well Presented Maisonette • Located On Shoreham High Street • Open Plan Living Accommodation

• New build warranty • En-suite bathrooms • Private balcony or courtyards

Taw Close, Worthing

OIEO • Extended Detached Bungalow • South Ferring Location • Sea within 1/2 mile

£320,000

• Off Road Parking • Generous Garden • Quiet Location

St Lawrence Avenue, Worthing

OIEO • Det Home on Worthing's Seafront • 3 Reception Rooms & Study • Seven Bedrooms

goring@robertluff.co.uk lancing@robertluff.co.uk www.robertluff.co.uk

£899,999

• Master Bed with Balcony • Stunning Sea Views • Enclosed Front & Rear Gardens

South Farm Road, Worthing

OIEO £650,000 • Detached Family Home • Conservatory & Study / Bed 5 • Four Bedrooms

£535,000

• Two double bedrooms • 21' Kitchen/Dining Room • Garage and Driveway

West Parade, Worthing

OIEO • Detached House • Three Bedrooms • Garage

£200,000

• Generous Bedroom • White Bathroom Suite • GCH & Double Glazing

Little Drive, Ferring

£POA • Three brand new apartments • Ready 2017 • Situated just of Goring beach

£565,000

• Master Benefiting from En-suite • South Facing Rear Garden • Garage & Ample Off Road Parking

OIEO • Mid-Terrace Family Home • Open Plan Living / Dining Room • Four Bedrooms over Two Floors

£349,950

• Bathroom & En-suite to Master • Enclosed Rear Garden • Favoured Broadwater Location


016_LH846_PS&B_FP_PS&B 08/09/2017 10:21 Page 1

Tel: 32 Queen’s Road, Brighton BN1 3YE

01273 274040

Email: sales@psandb.co.uk 01273 274040

sales@psandb.co.uk Website: www.psandb.co.uk 32 Queenswww.psandb.co.uk Road Brighton BN1 3YE

W NE

W NE

COLLEGE TERRACE £265,000

HOLLINGDEAN TERRACE £280,000

• Top floor flat

• Good condition

• Converted GF garden flat

• Period features

• Two double beds

• Lovely views

• Two double beds

• Garden with patio

• Living/dining room

• Close to seafront

• Kitchen/living room

• Close to Fiveways

• Separate kitchen

• EPC rating: C

• Bath and W.C

• EPC rating: D

W NERICE P

MEDINA VILLAS £179,950

COLLEGE TERRACE £299,950

ALDRINGTON AVENUE £475,000

• First floor apartment

• Desirable location

• First floor flat

• Frequent transport links

• Semi-detached house

• Family bathroom

• Studio room. Sep kit

• Close station

• Two double beds

• Desirable location

• Three bedrooms

• Needs modernisation

• Shower room

• Great investment

• Living room

• Close shops & cafes

• Living/Dining room

• Close Aldrington Station

• Distant sea views

• EPC rating: F

• Separate kitchen

• EPC rating: D

• Separate kitchen

• EPC rating: E

W NE

ELSTED CRESCENT £365,000

COBTON DRIVE £595,000

• Ext S/D family house

• Large rear garden

• S/D extended house

• Private garden

• Three bedrooms

• Views across Brighton

• Three double beds

• Private drive

• Living/dining room

• Transport links

• Fitted kit/dining room

• Desirable location

• Private drive

• EPC rating: D

• Spacious living room

• EPC rating: D


017_LH846_Sure-FP-17_FP Ad 08/09/2017 10:23 Page 1

www.surepropertysolutions.co.uk 01273 243561

Ionian Heights, Saltdean For Sale

£340,000 Leasehold

• Secure Underground parking • Large terrace with sea views • Modern fully fitted kitchen • Must be viewed

IN N ST E RU W CT IO N

2

2

EPC: C

South Way, Newhaven To Let

£800 pcm

• Completely refurbished. Allocated parking at rear • Modern and contemporary • Ground floor. Must be viewed • Available now. Unfurnished

2

1

EPC: F

2

1

EPC: C

1

EPC: B

London Road To Let

£1,000 pcm

• Available now. Refurbished throughout • Garage. Residents parking • Tennis courts • Unfurnished

Brighton Belle, Central Brighton To Let

£1,600 pcm

• Private decked sun terrace • Communal roof terrace • Lift in the block. Furnished • Minutes to Brighton station

2

FREE professional photos and floor

plans for all sales and lettings properties

31 Upper St James Street Brighton BN2 1JN 01273 243561

info@surepropertysolutions.co.uk


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Central Brighton (Alexandra Villas) Guide Price ÂŁ1,750,000

5

2

3

2

4

A city centre period semi detached house offering easy access to Brighton Station and having spacious versatile accommodation throughout and presented in good decorative order with family friendly level gardens, private off road parking and roof terrace with stunning views of the city and coast.

Central Brighton (Upper Gloucester Road) OIEO ÂŁ395,000

2

1

1

A deceptively spacious city centre town house ideally located for Brighton Station. The property benefits from double glazing, engineered wood flooring on the ground floor and bedrooms and is presented in good decorative order. Ideal for investment or holiday home.


018_019_LH846_OakleySalesDPS_Layout 1 08/09/2017 10:18 Page 2

Sales Manager

Southwick (Croft Ave) OIEO ÂŁ550,000

3

3

1

2

1

A spacious semi detached house presented in good decorative order having attractive front gardens with parking and southerly family friendly rear gardens. Ideally situated for Southwick village, Station and Glebe school. The property offers scope to extend (STNC).

Pullman Haul OIEO ÂŁ300,000

1

1

1

1

A superb third floor modern apartment in a contemporary sustainable living development in central Brighton offering good size accommodation perfect for commuter or investment. The apartment benefits from a westerly terrace, lift access and access to bike storage.


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WHAT DOES

IT COST TO BE A LANDLORD? The bottom line

L

andlords in the South East are being hit hardest by the rising costs of being a landlord, according to recent research carried out by a specialist landlord finance provider. This is unlikely to be news to local landlords – who have watched costs rise dramatically in recent years. So, what does it cost to be a landlord these days? And, more importantly, how can you guarantee yourself the rent you need to cover these costs? Landlord costs According to the research, London landlords face the highest costs in the UK, but these are more than offset by the higher rents they command. The average cost for a landlord in London, excluding any mortgage and tax, but including void periods, is £6,535 a year. This represents 32% of their rental income. Taking the UK as a whole the average cost is £3,632 each year, significantly lower than London’s but representing 34% of landlords’ rental income. We’ve got things the worst in the South East. Our costs are £3,691 each year, but this equates to 37% of our rental income. Rising costs Landlords are faced with rising tax burdens following stamp duty changes introduced last year and mortgage tax relief changes which came into effect in April. Property prices themselves in Brighton continue to rise, and the number of legislative and regulatory hoops that local landlords are asked to jump through are on the increase. It looks like things are set to cost landlords more, rather than less, in the near future. Guaranteed rent It is those void periods, though, that can really tip the scales and eat into landlords’ profits. This is why the idea of guaranteed rent is like the holy grail for landlords. And guaranteed rent is actually far from being a myth. It does indeed exist. Khalil’s Rent Guarantee Scheme offers you void­free letting and 20 | LATEST HOMES

hassle­free renting. We pay you rent every month, taking care of your property and its tenants. You simply sit back and watch the rent roll in. At the end of our agreement we return the property to you in the same condition that we received it in. And you’ll have enjoyed guaranteed rent throughout. And that should tip those cost calculations very much in your favour. Phone: 01273 573960 Mobile: 07984 015669 Email: ahmed@khalilproperties.co.uk Address: 124 Lewes Road, Brighton, BN2 3LG www.khalilproperties.co.uk

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020_021_LH846_Khalil_Layout 1 08/09/2017 10:28 Page 2

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Regularly updated news, views and tips for Brighton landlords

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/landlord_services or call 01273 573960

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Latest Homes: No. 846  

Upstairs Downstairs, Movin' on up, movin' on out - Soundhouse have stylish solutionsfor all your home extensions.

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