VA PROPERTY CONSULTANTS

Hi Everyone

I am pleased to announce that Venessa Afonja of VA Property Sales & Lettings is returning as our Resident Lettings Specialist here at Luton pin.

Venessa will be at every meeting keeping us up to date with the Lettings World to help us all with our property journeys.

You can come along and chat to Venessa and bring along any questions to the next Luton pin Meeting on Tuesday 23rd April. You can book here:
https://propertyinvestorsnetwork.co.uk/meetings/luton/

If you have not been to a pin Meeting before then use this voucher code to gain free entry: facebook

In the meantime check out: https://www.vaproperties.co.uk/

I look forward to welcoming you to our next Luton pin Meeting on Tuesday 23rd April.

See you there!

Kind Regards
James Rothnie

🏠 LANDLORD SAFETY TIPS! 🏠

Ensure your tenants' safety and your compliance with these essential tips:

1️⃣ Smoke Alarms: Install and maintain working smoke alarms on each floor.

2️⃣ Gas Safety Checks: Arrange annual checks by a Gas Safe registered engineer.

3️⃣ Energy Performance Certificate (EPC): Ensure your property has a valid EPC.

Are you a landlord looking for expert property management support? Contact us today to discover how VA can help you ensure the safety of your tenants, streamline your property management processes, and maximize your rental income. Let's work together to achieve your property goals! 🏠💼✨

Capturing the joy of a milestone achieved! 📸✨ Witnessing dreams becoming a reality is what drives us every day.

From searching for the perfect home to guiding you through the buying process, we're honored to be part of the property journey for so many 🎉💫

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If you're looking to buy a home, you're going to need to have these five key factors in check ✅

With interest rates sky high, it's more important that ever that you maximise your borrowing potential.

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Michael Gove is poised to unveil the biggest shake-up of the private rented sector in a generation — Here's everything you need to know about the proposed Renters Reform Bill

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This deceptively spacious family home offers modern decor throughout, 2 generous bedrooms, upstairs family bathroom, large kitchen diner, rear and front gardens and private allocated parking.

No Chain. Unlike most homes in this area this property has modern gas Central Heating.

Situated in a quiet residential Cul de Sac this property is perfectly located for families looking for great local schools, transport links and community facilities.

EPC = C and EICR valid to 2025.

🔗 Head to our website for a closer look 🔗

Thinking to buy or sell around Luton? Give us a call 01582 346203

Our VA Director, Venessa, is a firm believer in the power of taking action 💪

Whether it's investing in property, pursuing our passions, or taking steps towards our goals, every small action we take today can have a big impact on our tomorrow.

What will you do today that your future self will thank you for? 💭👀💡

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The average property price in Luton postcode area is £339k, the median price is £320k.

The average price increased by £22.1k (7%) over the last twelve months. The price of an established property is £338k.

Success is not a sprint, it's a journey 💪 Whether you're buying, selling, or embarking on a renovation project, remember that progress comes one step at a time.

Each decision, each action, each small victory, brings you closer to your goal.

So don't get discouraged by the challenges along the way, but stay focused on the big picture and keep moving forward🚶‍♂️🚶‍♀️💪

Another happy Luton landlord! 😍

We are thrilled to have had the opportunity to work and help our landlords achieve their property goals and grateful for the trust and confidence our clients place in us.

Thank you for choosing VA, and here's to many more successful years together! 🤝🎉

Today, we want to give a special shout-out to two AMAZING members of our team who go above and beyond to ensure our clients receive the best possible service.

Emma Buroughs, our dedicated Tenancy Manager, is always there to support our tenants and landlords with her expertise, professionalism, and kindness.

Louise Fensom, our outstanding Maintenance Coordinator, works tirelessly to ensure that every property is in top-notch condition and that any issues are resolved quickly and efficiently.

We are grateful to have both on our team and appreciate all the hard work and dedication.

Thank you for making VA Sales & Lettings a better place! 👏🌟

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Letting go of your first home can be difficult, but it's also an opportunity for growth and new beginnings.

So here are some tips for letting go of your first home, which can be a sentimental and emotional process 🙈

Average rents for properties across Britain have hit a new record high, according to Rightmove.

Rightmove say the average rent being asked outside the capital topped £1,190 per month for the first time during the first three months of the year.

Meanwhile, you will see an average rent of £2,500 per month in London.

The main reason why rental costs have climbed so steeply has been demand outstripping the supply of available properties.

Luton Council is making yet another attempt to bring in two new licensing schemes after a string of false starts amid landlord opposition.

There are 4,500 HMOs in the town, with more than 3,800 falling outside of the mandatory licensing scheme, reports Luton Today.

The authority tried to introduce a scheme in 2018 after its previous additional licensing scheme ended

Campaign group, Luton Landlords and Letting Agents Ltd – made up of agents, landlords and concerned residents – launched a legal challenge, forcing the council to admit errors and the scheme was put on hold. It last announced new plans in January 2022, but they failed to materialise.

Buying your first home is most likely going to be the biggest commitment you'll ever make, which brings a relm of excitement with it!

3 key advantages of being a first-time buyer:

- First Time Buyers are exempt from Stamp Duty on properties up to £425,000 and pay 5% on the portion between £425,001 and £625,000

- First home means no frustrating chains or having to wait for someone to buy your home first

- You can purchase a home with as little as a 5% deposit. Being a first-time home buyer also puts you in a good financial spot, with options like the Help to Buy

Thinking to buy or sell a home? Get in touch with the team 😍

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Property inspections are one of the most effective ways to save money as landlord.

If you haven't carried out an inspection in the last 6 months, it's time to do so.

The VA team will deliver an overall condition of both the interior and exterior of your property and record any repairs / potential issues.

Landlords, show your tenants that you care whilst simultaneously protecting your income - get yourself a property inspection today.

Contact us today: 01582 346203.

Reviews like this 😍 Nothing brightens up our day more than a glowing review from a happy landlord like Nye!

Thank you for entrusting us with your property and for being a valued member of the VA Property Family🤗👏

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Luton house prices have increased in 2023.

Properties in Luton had an overall average price of £317,675 over the last year.

The majority of sales in Luton during the last year were semi-detached properties, selling for an average price of £334,947.

Meanwhile, terraced properties sold for an average of £285,961.

And detached properties fetching £471,250.

How does that compare with the Capital? 🤔

Cost of living in London is 49% more expensive than Luton according to the average local monthly cost.

Whilst rent Prices in Luton are 56.0% lower than in London.

Landlords, when was the last time you checked your properties EPC rating?

Did you know, the government have proposed that all rental properties will need an EPC rating of 'C' or above by 2028.

Currently thousands of properties will not be compliant.

Don't wait, get yours up to date through VA today.

01582 34203

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The Mortgage Works (TMW) will be reducing rates by up to 0.50% on selected products as of today (Wednesday 19 April).

Reductions are applied to both BTL and Residential products.

These latest reductions suggest a healthier market as we approach what is often the busiest time of the year for property.

Both Lloyds and Halifax expect house prices to fall 8% in 2023, while Nationwide and online estate agent Zoopla are predicting falls of 5%.

The BoE raised rates to 4.25% on 23 March, the highest level since 2008. As a consequence, the effective interest rate on mortgage rates, or the actual rate paid on new mortgages, has risen to 4.24% in February, compared to 1.59% the year before.

The good news is that some lenders have been cutting their rates over the last week, despite the BoE hike, and average rates are at their lowest level in six months 💭🤔

Are you looking to sell before the dip? Get in touch 01582 346 203

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Do you have any other tips for first-time buyers?

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Five things you will learn from our FREE VA Rent Review Checklist:

- Understanding the rent review terms in your contract

- When you are legally allowed to review a tenancy
- The key difference between Current In-Tenancy Rent Vs Current Market Rent

- How to keep up with your landlord obligations

- And how to know if your tenants can afford a rent increase!

Hit the link and download your copy: https://buff.ly/41ijzGN

Our team at VA is dedicated to providing exceptional service to all of our clients. We love receiving reviews like this from fellow Lutonians 😍

Thinking of moving? Drop us a message or give the office a ring today - 01582 346203.

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