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Reddbox Newsletter: November 2021 Review

This month has been quieter in the property space although there have been a few emerging trends and ideas. Reddbox is here to cover the bases and to review the month in case you missed our previous articles.

Contactless and paperless – is it the way forward?

While Reddbox certainly thinks so, the indicators also concur. As a legacy of the Coronavirus pandemic, contactless payment and paperless document handling has increased sharply. Reddbox facilitates this, and allows landlords and letting agents to store their documentation digitally in PDF and retain useful paper copies locally. Landlords and letting agents save the time and cost of using postage to ship documents, and for landlords having less paper in the home office and in the same place as the tax filings makes for a more streamlined and more hassle free experience managing property.

Log Burners as Energy Saving Heating Options:

As energy bulls have seen a rise, attention has turned to log burners, a traditional means of heating the home. They start at £500 to install, and most are between £1-2k with the most expensive ones going for £4-5k. Log burners also save 1/3 off electric bills and 10% off gas alternatives. They can be installed for less if your home already has a chimney.

Sale of Homes:

1 in every 16 homes, that’s 6% of the nation’s housing stock, was sold and bought this year, making 2021 the most buoyant year in the history of the British housing market. The market has been spurred on by low stamp duty, extra opportunities for rent collecting with low BTL interest rates (and still low) and a pandemic that has upended living trends and preferences. With little sign of slowing down, we expect fewer, albeit still strong sales for next year. Reddbox will remain informing potential landlords and homeowners of any developments.

Reddbox is also launching new insurance products later in this month, so you can take out insurance, manage your plans, and streamline your property management all in one app. 

Our offer: Download the app and start saving time managing your properties. Follow the screens to provide your details, and that’s it. Some of the key features why you should consider Reddbox are  –

  • A completely app-based, super simple service booking process.
  • Options to pay for the service over a few months without any additional interest or fee. See our rates here. Be quick, we are running promotional rates at the moment.
  • You can book the service seven days a week, which means no need to disrupt your busy day.
  • A very transparent cancellation and refund policy.
  • And the best one – Reddbox will automatically organise all the relevant documents such as invoices and certificates.