The dust appears to have settled since the rise in stamp duties payable for buy to let investors and second home buyers at the beginning of April. We are happy to report that there is still a strong demand for stock in Leeds and many of our investors have not been put off by these extra expenses.
From the 1st April 2016, an extra 3% was added to the stamp duty rates for Buy to let investors and buyers wishing to purchase a second home. Many feared that this would bring an end to demand for buy to let properties and would de-value stock values for residential Landlords. Whilst this may be the case in certain areas of the country, Sugarhouse properties have seen an increase in demand for our ‘from buy to let’ service especially in the Leeds student accommodation sector. We believe that this is mainly due to higher rates of return compared to other areas such as London and the south.
We have had a high demand for rented properties throughout the Leeds area and this pared with higher rates of return, compared to many other areas of the country, means that we feel there is still plenty of life left in the Leeds residential lettings market.
If you are a residential Landlord or if you are interested in getting involved in the Leeds buy to let market then please do not hesitate to contact our office and a member of our award winning lettings team will be happy to advise you on your investment. We have a number of services available from a full property finding service to our ‘buy to let service,’ where we can arrange everything for you including full property refurbishments if required.
Please call us today on 0113 816 0131 or send an email to firstname.lastname@example.orgBack to landlord news
The best marketing and customer service in the North Leeds student and professional market bar none!”
They have just organised my third full refurbishment for me and they all look fantastic. I haven't lost a day's rent since they took over”
They've got fantastic prices and friendly staff”
Great value properties”
Friendly, professional service that offers great advice and sees you through from start to finish of the process of letting a house. Always available for any queries that you have and have a very quick response to let any problems that we have had in the house. Feel like we're treated like adults, not students and that they really value our custom.”
They were very professional and helpful and did their utmost to provide great customer service and find us the exact property we were looking for that satisfied as many requirements as possible. The staff are very welcoming and friendly and were easy to approach with any concerns, requests or questions.”
Brill company, extremely professional yet friendly and always happy to help! Great to chat to for advice, over all the best in Leeds!”
They're simpy the best and super efficient!!”
In a highly competitive category, this agency should be delighted with itself; the judges were extremely pleased to rewards its efforts with the gold. With a focus on students and young professionals the attitude and communication is well tailored to this audience. The team has an established presence across the social media platforms and uses social networking sites extremely well. The website is very good indeed and has a number of features expected by the young and tech savvy target audience. The directors value their staff and there is a very good mentoring scheme in place to develop negotiators into senior staff. As can be expected in student sharing tenancies, they are well versed in dispute resolution and manage to remedy any issues without legal recourse, so all parties come away happy with the results.”
You've taken a hugh worry from my mind. Thank you so much for all your helpand advice. My tenants have also been really pleased with you which is really nice. Everything was really straightforward and the tenants have been great.”
Sugarhouse Properties are always helpful when we have any problems with the house and always fix it immediately. They are constantly polite and friendly when we are in contact with them.”
Many thanks for all your hard work; your administration is excellent and you communicated well with us throughout”
We had our house on with XXXX for 4 months with no success and no feedback. Sugarhouse advised me to organise some minor improvements and had the house rented within a week! ”
Such friendly and helpful people! All staff are easy to talk to and are open to questions no matter how many! Definitely recommend to anyone looking for a house!”
I have recently organised a house for next year with Sugarhouse and everything went as quick and easy as possible. The team are a great example to all other letting agencies, with their professionalism and commitment. They also make your house-viewing fun, which is very important”
When we were looking for a house they were so helpful in trying to find what we wanted. Whenever we had problems at the house they are always very quick at responding and fixing the problem. We are very happy with the service they have provide and if we were not in our third year we would definately use them again”
Great houses with really good facilities. Always reply straightaway and send someone round within the next 2 days. Staff are so friendly!”