Revere Valentines Day Competition

To celebrate this Valentines Day, Revere will be giving you the chance to win this novel, hand made wooden bath board!

It has a wine/champagne glass holder, two recessed holes for tea lights and a slot big enough to hold an ipad or iPhone,
The bath board will come with two tea lights and gift wrapped.

All you have to do is search the property listings on our website ( and find the property that has a Revere advertising board with a red love heart. Simply email us ( the property address where you find the love heart advertising board. Please include your name and contact details on the entry.

Correct entries will go into a prize draw and the lucky winner will be picked at random and announced on Wednesday 14th February 2018.
Entries must be received by 3pm on Wednesday 14th February 2018.
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Battersea Landlord asks for Property Management Advise

Many Landlords ask Revere to manage their properties due to lack of time with busy work schedules, or expanding families, or sometimes travel! (I know which one Id like to be doing!….. travelling!)   We take great pride in managing properties and having the responsibility of looking after our Landlords’ biggest assets’.

Revere’s management portfolio is spread across Stockwell, Brixton, Peckham, Clapham, Balham, Wandsworth, Tooting and Croydon and continues to grow.

Recently an existing Landlord, with a property in Battersea, asked for advise how she could successfully manage her property.   You see, managing a property well, can lead to the standard of the property remaining high, lowering overall costs for maintenance and increase the longevity of Tenancies.  I began to explain our strategy for managing properties-

  • Establish an open and honest relationship with the Tenants.
  • Always respond to Tenants’ management queries as soon as possible.
  • Agree in writing appointment times and dates in advance.
  • Keep Tenants informed of works or arrangements.
  • Use trustworthy, reliable and reasonable contractors, we have several we’ve worked with for years – none of which we take a commission or a ‘kick-back’ from.

Part of Revere’s management service includes six monthly property inspections, and this is what we’d recommend if managing your own property. We take a detailed look through the property room by room, taking photographs on general presentation and of any areas causing concern-

  • Walls- we’re looking for cracks, marks, blistering, signs of damp and excessive wear.
  • Ceilings- looking for signs of leaks, condensation, buldges.
  • Windows – looking for condensation build up to the inside, rotting to windows or sills (interior and exterior).
  • Floors- looking for any signs of damp, rotting, dips, excessive wear.

We’re also checking if a property is being treated as a home.   We write to Tenants giving advise on areas which we feel could improve living in their home and to avoid any possible deductions from their deposit. Such advise may include-

  • Wipe away condensation (which can lead to mould) have windows open after bathing, showering or during cooking.
  • Vacuuming beneath furniture to avoid carpet moths.
  • Use shower spray’s and squeegee’s to combat limescale build up to tiles and screens.

Following a property inspection we compile a report with photographs and suggestions , if any, of works, giving a true insight of the property’s condition. Working closely with Tenants, and Landlords we have a management service to be proud of.

Our Battersea Landlord has now asked Revere to fully manage her property including collection of the rent,  allowing her to concentrate on her career.   Our management fees can be paid monthly are are really reasonable.

If you too would like Revere to manage your property or you would like to get advise on property management please contact myself or Bruno on the number or email below.

020 7223 3922,



What Property Gives Best Return in Clapham?

Last week I received a call from a Landlord looking to invest in another residential property.

The preferred area being Clapham. Now for the style of property, they don’t like blocks nor modern buildings – aesthetic reasons, so that leaves period buildings- the ever popular choice! Sharing knowledge of the most popular requests from Tenants, these being-

  • Garden/ outside space
  • Wood flooring
  • Generous Room Sizes
  • Bright
  • Modern
  • Close to Transport

My Landlord was now certain what features to look for, though she wanted to further understand what style property will give her the best return? I carried out some research (on properties with gardens) and came up with the following-

Style property         Average sale price              Average Rent                       Yield

1 Double Bed           £522,083.33                                   £1708.25pcm                     3.9%

2 Double Bed           £651,250.00                                   £2194.85pcm                     4.0%

3 Double Bed           £868,571.00                                   £2549.28pcm                     3.5%

4 Double Bed           £844,666.00                                   £2839.16pcm                     4.0%

Looking at the above we can see either a two or four double bedroom property will give the best return, depending on budget! Remember, if you are looking for a rental investment try to include as many of the popular Tenant requests as listed above.  My Landlord has since begun her search in Clapham for a well-proportioned, two double bedroom garden flat with wood floors and lots of natural light!

If you are also looking to invest in residential property, other popular spots to consider would be would be Balham, Brixton, Stockwell and Tooting.

Contact me or Bruno if you’re looking to buy rent, or want to sell or let your property.

Melissa De-Vall, Revere Property Limited

Energy Performance Certificate Regulation Changes – How Will These Affect Landlords And Their Properties?

Energy Performance Certificates (EPCs) were introduced in England and Wales for rental properties on 1 October 2008 as a legal requirement for any property that is let out. They are a result of European Union Directive relating to the energy performance of buildings. An Energy Performance Certificate is valid for 10 years from the date it is completed, it contains information about a property’s energy use and typical energy costs and also recommendations about how to reduce energy use and save money.  It gives a property an energy efficiency rating from A being the most efficient to G, the least efficient.

Next year will see the 10 year anniversary since EPC’s were introduced, this will mean the renewal of EPC’s for many landlords who need to be aware of some very important changes that will take effect from the 1st April 2018.

From 1st April 2018 a property must have a minimum energy efficiency rating of E in order for a landlord to rent their property. This requirement will apply to all tenancies that begin or are renewed on or after 1st April 2018, for existing tenancies the regulations will not apply until 1st April 2020.

Where the EPC shows a rating lower than E, so a rating of F or G, this will mean the property is substandard and therefore the landlord unable to rent the property until energy efficiency improvements in the EPC have been undertaken.

Local Councils will have the task of enforcing the new regulations. They have the power to serve a notice and request that a landlord provide details to prove compliance. Where they find that a landlord is in breach of these new regulations, they can impose a penalty of up to £5000. Further penalties can also be applied to properties that continue to be rented out despite the breach and original fine. Such fines will not affect the legal standing of the tenancy which means that rent will continue to be due and payable from tenants.

We recommend landlord’s review their current EPC’s as soon as possible, to see what rating their rental property currently achieves in advance of the new changes. If your property currently scores lower than an E, here are 7 potential modifications you could make to help improve and push up the rating of your property before the regulations change:

1)Lighting – Change any halogen or non-Low Energy Lighting to Compact Fluorescent Light’s or Light Emitting Diodes.

2)Boiler– Change an old inefficient boiler to a modern condensing one as these are the most efficient boilers on the market. This change would reflect a significant improvement on the EPC.

3)Heating Controls – Getting a room thermostat, individual Thermostatic Radiator Valves (TRVs) and Boiler Programmer would also have a positive impact on the EPC.

4)Windows – Replacing old single glazed windows with new double glazed windows will not only substantially help reduce heat loss but will also aid in shielding the property from outdoor noise.

5)Roof Insulation – Consider getting the loft re-insulated if it is currently 90mm or less. Introduce insulation at least 270mm in depth as this will also help avoid heat escaping.

6)Walls – If there are any cavity walls these would also benefit from being filled. This will help spread heat around the property. It can also prevent the property getting too hot in the Summer.

7)Draught Excluders – Fitting these to the insides of doors and windows will improve the insulation of doors and sash windows by sealing gaps that let in cold air.

If you require anymore information, feel to get in touch and speak to either Bruno or Melissa.

If you’re considering renting or selling your property and need some advice, get in touch with REVERE, the award winning Estate & Letting Agent today. We offer FREE property valuations and would love to be of service!

Bruno de Sousa – Revere Property Limited – 0207 223 3922 –


How New Property Tax Laws Effect Landlords

One of my Landlords with a rental property in Tooting recently asked what were my thoughts regarding new tax changes for residential property. For anyone uncertain of these changes, let me explain!-

The Government are restricting the amount of income tax relief Landlords receive on residential property. Landlords will no longer be able to receive tax relief on financial costs (such as mortgage interest). This change is being bought into effect gradually over the next four years –

2017-2018               75% of finance costs can be deducted from property income (previously this was 100%)

2018-2019               50% of finance costs can be deducted from property income

2019-2020               25% of finance costs can be deducted from property income

2020-2021               No deductions of finance costs can be made from property income

This would mean on an average one bedroom flat in Brixton, with a rental income of £1,400.00pcm/ £16,800.00pa and an ‘interest only’ mortgage with monthly payments of £450.00pcm/£5,400.00pa, – Year one (2017-2018), the Landlord would receive tax relief on 75% of the mortgage interest (equating to £4,050.00), leaving them to pay tax on the remaining £12,750.00 of the rental income. For a normal rate tax payer at 20% this would be £2550.00 for the year. It would be prudent to speak to an accountant, as there may be other costs which could be deducted from the rental income before tax.

So, what are my thoughts? Well if a Landlord doesn’t incur financial costs on their rental property this will not affect them. For Landlords with a portfolio of properties, some accountants suggest it could be more beneficial to run as a company, where such costs would be company costs, thought, with this model there are other tax changes to consider. I’ve adopted the thought that becoming a Landlord is a ‘decision’, and when making such a decision, costs must be considered. However there will also be an income generated – even if that income is just paying off the mortgage- it’s still an income, and with an income comes tax.

Until now having tax relief was a bonus that many of us have come to take for granted. Ultimately your rental property is your business, it will earn you money. Keep your property in good condition and keep up to date with legislation- even better, as many Landlords do, have Revere take care of all your property needs whether it be letting or selling.

Maybe its time to flick through a property magazine to get some ideas for your next property venture.

We’re happy to discuss any of your property queries, contact myself of Bruno.

Melissa De-Vall, Revere Property Limited, 020 7223 3922

Property Improvements

Offering our fully managed service we are here to help with everyday management duties, for example when Tenants experience a broken washing machine we arrange for it to be fixed, in between Tenancies we are here to arrange cleaning or maybe forwarding post, though outside of this we are much more we can organise a light bulb change- right through to a full refurbishment and everything between. Currently my task is windows, a Landlord has asked me, as her newly appointed managing agent, to have the windows in her Brixton terrace replaced. The windows are literally screeching out to be upgraded. After weathering, repainting, filling, even secondary glazing, time has come for an upgrade.


Windows can add value to a property, though, some windows can make a property look worse and therefore decrease its value, for example if a modern design window was used for pre 1930’s build it may not be in keeping with the original building design and look out of place.   Windows are now not just to let daylight in (heard of the saying ‘daylight robbery’ – well that’s another story for another time), they offer so much more, improving security, helping with sound proofing, combating heat loss and improving energy ratings. You may be considering selling a property, with new windows your property can become the most appealing property to buyers faced with a long list of properties needing upgrading, or as a Landlord, a property with new windows is becoming more important to Tenants and can improve your Tenants’ quality of living. As reported by ‘this is money’ good quality double glazing can improve a property’s value by 10%, this could be up to £60,000 going by the average property price in London, which from Rightmove’s reports this currently runs at £592,000.


Materials for frames include timber, vinyl and aluminium and some offer different features such as ‘double hung’ for opening from the top and the bottom, and tilting inwards to help cleaning from inside. Before changing your windows you must check with your local building department for any restrictions and make sure you are meeting current energy regulations, as well as up to date fire and escape requirements. Choose a ‘FENSA’ registered company with a list of customers’ windows you can visit. On fitting they supply you with a document ‘L’ certificate this is especially important if selling the property.


Im off to our local showroom now to choose some windows. For any advise on getting your property ready for selling or letting don’t hesitate to contact me or Bruno.


Melissa De-Vall, Revere Property Limited, 020 7223 3922,


Brixton vs Balham; to buy or not to buy

Many of our Tenants decide to move as they are buying their own home, a lovely reason to tell our Landlords!

A couple of the most popular areas where house hunters want to buy are Brixton and Balham. Brixton has so much to offer with a high street brimming with branded shops, independent cafes and trendy clubs, then there is Balham which has a slightly more relaxed pace, again there is a high street stocked with well-known brands, some cosy coffee shops and restaurants offering delicious cuisines.

Looking at the average current value of a property in SW2, Brixton this being £541,600.00, there is a difference of £328,300.00 lower than the average property price in SW12, Balham which is £869,900.00. Comparing these figures to the average earnings in the same areas, Brixton is £32,569.00pa and slightly higher is £38,881.00pa in Balham, therefore the ratio between the average property value to average salary means one would have to borrow an extra 5.74 times their salary to buy a property in Balham rather than Brixton.

Brixton appears to be more affordable but personally I prefer a more relaxed pace of life.

Contact us to discuss your property journey.