3 hot UK shares I’d buy this summer

first_img Image source: Getty Images Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Harshil Patel has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Harshil Patel | Wednesday, 16th June, 2021 | More on: DFS FUTR SCS Our 6 ‘Best Buys Now’ Shares UK shares are performing well so far this year. The FTSE 100 is up by 13% year-to-date and a pleasing 18% over the past year. UK shares are still relatively cheap versus other global markets, but I think their upward momentum could continue.So, I’m looking at shares that have recently reported business strength. When a company reports trading that’s better than management expectations, it can understandably result in a rising share price. Not just for the day, but for months or even years.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Future stock market returnsOne example is Future (LSE: FUTR), a global platform for specialist media. In May, it reported record first-half revenue and profit, materially ahead of market expectations. Its share price responded positively on the day and has risen even higher since then.I reckon these hot UK shares have further momentum that could drive the share price higher over the summer. Management also expects full-year results to be “materially ahead” of market expectations.Future has two main divisions — media and magazines. The performance was driven by digital advertising and e-commerce growth in the media division. It also reported record user engagement with online user growth of 31% year-on-year.A word of warning, however. The company remains cautious about the wider macroeconomic outlook associated with Covid-19.  Also, changing user habits could affect Future’s advertising revenues. With an increasing use of mobile devices, Future will need to ensure its advertising offering stays relevant.That said, these UK shares are still cheap in my opinion. Offering growing earnings, reasonable profit margins and a glowing outlook, I’m tempted to add some to my Stocks and Shares ISA.So far so goodDFS Furniture (LSE:DFS) recently reported a strong trading performance. Total orders were up a staggering 92% in Q4 vs the same period in 2019.This performance was driven by customers who’d been waiting for showrooms to open post-lockdown. In addition, it looks like people have increased their spending on home items in the past year. A combination of higher savings and spending more time at home seem to have sparked the desire for a new sofa.It’s worth pointing out that more recent revenue growth could be affected by sector-wide shipping delays, Covid-19 disruption of factory production and higher raw material costs.Overall, the business is still set for growth. Its share price is up by 69% over the past year, but I still think there’s room for further gains.UK shares to sit and hold ontoI think the trends that DFS is seeing bode well for SCS (LSE:SCS) too. In fact, I’m tempted to buy both. SCS has a stronger balance sheet with plenty of cash. It also reported strong performance in its last interim results. That was several months ago in March, so I reckon it’s likely due another update soon.Some of the best UK shares to invest in are those of smaller companies, in my opinion. With a market capitalisation of £115m, I’d say SCS falls firmly in this group.The downsides that SCS is facing are likely to be similar to DFS, namely higher material costs and shipping delays. That said, I see SCS as a well-managed company and it’s well-funded too. At a price-to-earnings ratio of 13x its shares are relatively cheap, in my opinion. In conclusion, I’d consider buying all three shares this summer.  Simply click below to discover how you can take advantage of this.center_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address See all posts by Harshil Patel 3 hot UK shares I’d buy this summerlast_img read more

More smaller agents will ‘dip into’ tenant deposits after fees ban, predicts Romans

first_imgThe number of independent letting agents who illegally dip into tenant deposits to support their struggling businesses is set to rise, 30-branch South East sales and letting agency Romans has predicted.Its punchy comments are within an unusual blog on its website that likens errant agents to character Walter White in US TV drama Breaking Bad.The agency says that when the Tenant Fees Bill becomes law next year many independent agents will lose a “sizeable chunk” of their income and therefore start looking for ‘short cuts’.“If the recent behaviour of misusing client money is anything to go by, the amount stolen will increase further putting more and more landlords at risk,” the blog says.No agent sets out to be a rogue deposit dipper, Romans argues, but a series of bad decisions leads to it happening.“Whilst watching an episode of Breaking Bad, it suddenly occurred to me, like Walter White, other agents hadn’t started out with bad intentions, they are victims of circumstance,” explains Romans’ Lettings Managing Director, Richard O’Neill (left).“All agents (hopefully) start out with good intentions [and] they want to do the right thing for landlords and tenants alike. However, just like Walter White, when faced with financial pressures and unforeseen circumstances, many begin to look for short cuts.”Romans uses the blog to call for landlords worried that their letting agent may be about to use tenant deposits to help support their struggling business to contact a larger agent like Romans.“Some agents have employed a dedicated compliance team to manage the on-going changes to legislation and ensure client funds are protected,” says Richard.Richard O’Neill Breaking Bad Romans deposits Walter White June 26, 2018Nigel LewisOne commentPhilip Steed, Martin & Co Twickenham Martin & Co Twickenham 29th June 2018 at 9:41 amAn interesting observation from a company that is promoting zero deposit options for tenants who will be required to pay a monthly fee, use Romans’ inventory services etc. This initiative is clearly aimed at offsetting the impending tenant fee ban but let’s not infer that many independent agents will be stealing deposit funds to stay afloat. Many agents use custodial schemes where the deposits are not retained and those using insured schemes face tighter scrutiny….with huge penalties for rule violation. For sure, risk in general will rise for some agents that place a huge reliance on tenant fees but this article is not balanced.Log in to ReplyWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Agencies & People » More smaller agents will ‘dip into’ tenant deposits after fees ban, predicts Romans previous nextAgencies & PeopleMore smaller agents will ‘dip into’ tenant deposits after fees ban, predicts RomansCompany likens agents who use deposits to prop up their struggling businesses to Walter White in Breaking Bad… making one small mistake at a time.Nigel Lewis26th June 20181 Comment1,507 Viewslast_img read more