Lettings Expert

11/10/2019

Landlords, looking to improve your returns from your letting property. Come and take the Iles and Jenkin challenge. If we can improve your profit margin, we buy you the posh cup of coffee!
CFall us on 01934 512537 to arrange a free consultation.

www.ilesandjenkin.com

14/01/2019

So, do you have your property managed by an agent? Do you want to make the maximum return from your investment? Ask your agent if they earn any commission from their contractors. (Ask them to put this in writing if you have any doubt!) If they do the chances are the contractor has just put their prices up to cover this extra cost to them and it is you who are paying! We at Iles and Jenkin believe that you should always get what you pay for and that includes the management service. We have never and will never add commission to the contractors invoices our landlords pay. Can your agent say that? If not, call us on 01934 512537 to see how we can put more money in your pocket. Thank you for reading.

11/01/2019

Which deposit protection scheme does your agent use? We personally recommend the DPS Custodial scheme as this is the most straight forward and gives in our opinion the best protection to our landlords. If your agent is using an insurance scheme and worst still, asking you to pay for it, ask them why. We at Iles and Jenkin make no charge to our landlords for ensuring the deposit is protected safely and for free!

09/01/2019

Landlords, do you find that you have to regularly chase up your letting agent for the rent to be paid? Are you often given excuses, or told the person you need to talk with is not available that day? Then come and talk to us, we have invested in up to date software that is able to process all payments quickly and efficiently, whilst sending you a clear and easy to read statement every month.
All of this, whilst still paying our market leading fees for management. Call in and discuss how we can help you to make more money from your rental property.

06/01/2019

If you are thinking of having your property managed by an agent, we are going to publish over the next days and weeks some of the things you should be looking out for. The first one, is a real pet hate of ours, do they add cost to contractors fees? This is something you should ask clearly and ask how much if they do. If they do mark up the maintenance charges, what are the management fees being used for? Here at Iles and Jenkin we are very pleased to say that no only do we charge a market leading 5% plus vat management fee, but there are ABSOLUTELY no mark ups on maintenance fees!
For more information call us on 01934 512537.
Thank you for reading.
Neil Jenkin

05/01/2019

Well December was a really busy month with a lot of move ins and some very happy tenants and landlords!
If you are thinking of letting your property or have a property that needs a new tenant, call us to discuss our very competitive management fees of just 5%!
Thanks for reading Neil Jenkin
Iles and Jenkin 01934 512537.

23/05/2018

Hi,have been away for a while, with a lot of changes going on in the business? We are operating from our fantastic Worle, High Street office and are able to cover Worle, Weston-super-Mare and Burnham on Sea.
Looking forward to putting more updates on here soon, why not look up our page at iles and jenkin as well?

Iles & Jenkin

23/05/2018

An award winning letting agency who believe in a fair and reasonable approach to lettings.

13/12/2017

Don’t get caught out by changes to energy rules
We are proud of being experts on the local property market in Somerset.
We are equally proud of keeping a focussed eye on any changes to laws and legislation which may affect our clients.
One such change has been the recent Government decision, which will come into effect on April 1, 2018, to require private rental properties to meet a minimum level of energy efficiency.
The move relates to Energy Performance Certificates (EPC). In layperson’s terms, EPCs rate the energy efficiency of a property from A to G (A being the most energy efficient).
They also contain recommendations on where you could make improvements.
The government plan is to ensure all EPC rated properties on the rental market are a least an E. This means it will be unlawful to rent out properties with an F or G rating.
I’ve already had several discussions with landlords about what this will mean for them. One thing is certain people purchasing buy to let properties will need to factor in any extra costs this change could bring.
The costs could be big enough to scupper any deal so be warned.
If you have a Buy to Let property or are thinking of investing in one please give us a call and we can explain more about the proposed changes.
Thanks for reading and if you have any other property related questions please don’t hesitate to get in touch with us – we’d love to help you.
Neil
PS: If you want to let your property quickly, professionally and cost effectively call Neil Jenkin on 01934 740022 or email: [email protected] for honest, expert and friendly advice.

22/11/2017

Please see my thoughts below against the main key points of the budget for housing as produced by the BBC. Happy home hunting everyone and please feel free to give your feedback on my thoughts below on this page.
Not the biggest budget for housing in relation to its direct effect on people, but until the Government and Councils accept the economic law of supply and demand, there really is little they can do to control house prices, either purchase or rental, without direct price controls. Some people will believe this is a good thing, but history would suggest that it can lead to market stagnation, lack of investment and increased bureaucracy, not things that generally lead to good outcomes. However, I have been wrong before and I could be wrong again!
Neil Jenkin
Director

Stamp duty and housing summary as per the BBC.

• Stamp duty to be abolished immediately for first-time buyers purchasing properties worth up to £300,000
✔Great news for first time buyers, paying less tax has got to be a good thing!

• To help those in London and other expensive areas, the first £300,000 of the cost of a £500,000 purchase by all first-time buyers will be exempt from stamp duty, with the remaining £200,000 incurring 5%.
✔I think this shows the huge divide between London and the rest of the country. First time buyers with budgets of £500,000!

• 95% of all first-time buyers will benefit, with 80% not paying stamp duty
✔Again, great news for first time buyers, not sure it will make homes more affordable in the long term, as this will give first time buyers a larger budget, which will eventually feed into the size of offers they can make, therefore increasing house prices. It does however significantly increase their advantage over buy to let investors which will help a house owning democracy.

• Reduction will apply immediately in England, Wales and Northern Ireland although the Welsh government will have to decide whether to continue it when stamp duty is devolved in April 2018
✔A shame for anyone who has just completed on their house purchase as a first time buyer, but there are always losers in any budget. Where do they draw the cut off?

• It will not apply in Scotland unless Scottish government decides to follow suit
✔Unlucky Scottish buyers?

• £44bn in overall government support for housing to meet target of building 300,000 new homes a year by the middle of the next decade
✔I believe this is where house prices can be truly affected, and affordability helped. My old O’ Level Economics teacher spent a long time ensuring I understood the Supply and Demand curve. Increase the supply and if all other factors are equal, including demand, and the price will drop! The UK population has increased by 9 million people since 1976 and there has not been enough building to satisfy this demand and keep house price inflation at a manageable level.

• Councils given powers to charge 100% council tax premium on empty properties
✔More properties available will help keep prices under control. No holding on to your beloved grand parents home, it will need to be rented or sold quickly otherwise it will become a liability rather than an asset.

• Compulsory purchase of land banked by developers for financial reasons
✔Not sure how this will work. Can they define what a landbank is or a plot that is going through all of the planning and other permissions that have to be sought prior to commencing a project. Some of these negotiations can take years.

• £400m to regenerate housing estates and £1.1bn to unlock strategic sites for development
✔Again, anything that increases supply will help the majority of buyers.

• Review into delays in developments given planning permission being taken forward
✔Ah, another review, I wonder how long it will take, how much it will cost and would bet that the recommendations are unlikely to be acted upon. (Cynical perhaps, but too many reviews, not enough action!)

• £28m for Kensington and Chelsea council to provide counselling services and mental health support for victims of the Grenfell fire and for regeneration of surrounding area
✔Obviously a specific case with specific requirements.

• New homelessness task force
✔Please see my point regarding reviews. A task force, what teeth will it have, how wide ranging will its remit be, how many people with connections to the large builders be on it if it does have any ability to do anything.