Residential Agency

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Sanderson Weatherall's residential division, based in our Leeds office, offers a bespoke service to clients looking for quality residential property in the North of England.

We specialise in all types of property transaction, from large scale development opportunities to individual residential sales and lettings, including first class country and city centre residences.

From all offices we offer detailed and specialist advice on residential property requirements to both private and public clients. Our services run from initial feasibility studies, through planning and design, right through to maintenance and regeneration.

With a wide range of residential services on offer and with a wealth of expertise in many residential property transactions we have the all the relevant experience to ensure our residential services are as effective as possible.

We take pride in our expertise, strong regional coverage, integrity, professionalism and discretion.

Fees

Fees to Landlords - click to download

Impact of the budget on the housing sector

The Chancellor of the Exchequer, Philip Hammond gave his first budget to parliament earlier this month. With only one mention of housing, many in the sector are aptly referring to the announcement as ‘the boring budget’. With the most notable issue being the refusal to discuss housing, our residential property expert Diana Warr comments on the implications of the budget and what exactly Hammond omitted from his speech. “Many buy-to-let landlords will have watched the budget expectantly as after pressure from the property industry it was anticipated that the chancellor might have discussed reducing or reversing the additional 3% stamp duty surcharge on second homes.

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5 tips for preventing mould in your residential property

Whether you rent or own a property, mould can be a huge problem. Not only can an outbreak of mould affect your quality of life, you may also be required to cover the cost of cleaning the property during your tenancy. As with anything prevention is always the best cure, if you have a mould infestation and are wondering how to deal with it, then we have also covered a common method for removing mould. 1. Dry wet areas immediately  Mould will only grow where there is moisture, by tackling wet areas straight away you reduce the chance of mould appearing in your property. Mould is most common in bathrooms and so it is important to remember to dry the floor and walls after a shower, and don’t forget to hang up your wet towel!

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Residential Update: Why do I need to provide a reference when renting?

When applying to rent a property you will be required to provide some basic details including your employer, income, previous address and bank account information. Why do I need to be referenced? Referencing is nothing to worry about, it just allows the landlord to be sure that their tenant will meet the monthly payments and take good care of the property.

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Landlord tax considerations

In 2016 the government introduced a number of disadvantageous changes to the tax that landlords pay and can claim back. Stamp Duty Land Tax (SDLT) You pay stamp duty on the purchase of any residential property costing more than £125,000. The amount you pay is dependent on the property value, as you pay different rates for each ‘portion’ of the property cost, this is outlined in the table below. Last April the government introduced an additional tax on any property owner purchasing a second residential property. On top of the rates outlined above, anyone purchasing an additional residential property for £40,000 or more must pay an additional 3% stamp duty. Capital Gains Tax It is likely that landlords will have to pay Capital Gains Tax on any profits that they make when selling a property that is not their home. Over the pastdecade there have been a number of changes to the ways in which Capital Gains Tax is paid and presently the rate applicable to gains made on the sale of the property is 28%. This tax is payable regardless of whether or not a landlord plans to reinvest the profits into future properties.

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Will there really be a flat summer in the housing market?

Earlier this month the BBC published an article predicting a ‘flat summer’ in the housing market. The article follows the recent announcement from members of the Royal Institution of Chartered Surveyors (RICs) that sales have been dipping slightly and buyer interest remains flat. You can watch the RICS UK Residential Market Survey for April here. Residential sales and letting expert, Diana Warr commented “Following the Halifax announcement that for the first time since 2012 there was a quarterly fall in house prices it is no surprise that the market is continuing to slow down across the UK. “I would hasten to add however that the findings reflect a national average, when you drill down by region there are significant differences across the country. In Leeds it is still a fairly volatile market with prices remaining stagnant at the moment.

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Six things you have to do in Leeds this year

2017 is already in full swing and with Easter fast approaching we have collected a list of six must dos in Leeds city centre this year. There is something for everyone in our list, as we include food, drink, local attractions and culture as well as everything in between. 1. Visit Victoria Gate Leeds’ newest shopping centre opened in October 2016 and is a must visit if you live in the city. The shopping centre’s flagship store is the impressive 170,000 sq ft John Lewis store, spreadacross five floors the shop provides customers with an engaging and entertaining experience. The John Lewis superstore is supported by a further 23 outlets in Victoria Gate, 17 of which are new to Leeds, as well as a number of cafés, bars and restaurants.

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