On the 16th of June 2022, the government released its long-awaited white paper on rental reform in the UK, titled ‘A Fairer Private Rented Sector’. The report is arguably one of the biggest shake-ups to the private rental sector in over 30 years, advocating wholesale changes to the structure of tenancy agreements, eviction rights and […]
It is safe to say that every self-managing landlord has a system to help them keep on top of their property business. Popular tools range from paper-based systems, through to software, access databases, spreadsheets, or a mix of these. In this post, we’re going to look at the most common management methods used by landlords […]
Almost all landlords now work with online systems one way or another. Whether you have your own website, you email your tenants, or you simply store all of the relevant information on a computer or device connected to the internet, the majority of administrative work can be considered to be ‘online’. Such a reliance on […]
Self-management of a rental property requires excellent organisation and one of the best ways to achieve this is to run your properties like a business.
Should you self-manage or use a letting agent? This is a question that many landlords ask as they’re starting out. Self-management means not using the services of a letting agent or property manager. The self-managing landlord does all the work themselves. There are some clear advantages to this strategy, particularly when it comes to costs.
There are an estimated 5 million leasehold homes in the UK, and many of the leaseholders occupying these homes will be liable for service charges.
In this guest post we’re going to explore the benefits and drawbacks of online conveyancing for landlords to help you make informed decisions about your property projects.
When you want to take out a mortgage on a home you wish to rent out, there’s a bit more to consider than on a standard residential mortgage. Whether you’re a new landlord looking for your first buy to let mortgage, or an existing landlord wanting to expand your portfolio, there are some key things […]
If you’re a landlord operating a property business, you’ll know things can get tricky quite quickly. You need to be able to stay on top of multiple communications with various people, and record all your expenses, property information, income, rent payments, and more. While many landlords have used manual systems to help them keep on […]
Landlords renting out property need to make sure that they have a robust tenancy agreement in place regardless of the tenancy type. Tenancy agreements are usually quite long and difficult to put together if you’re doing it from scratch. It can be tempting to use a standard template that you never change, but this can […]
In the UK, landlords have a legal responsibility to ensure the health and safety of tenants by keeping their properties safe and free from health hazards. This responsibility extends to the management and prevention of Legionella in properties.
So, you’ve got a rental property that’s in need of tenants. The first question on your mind is probably where are you going to find them?
There is a long-held misconception that renting out property is a passive investment. But, like everything else, property management became more complicated quite quickly. Like any other investment, property has to be carefully managed if you want to get the most out of it.
Social media is easy to use and doesn’t require much in the way of setup. If you have existing accounts, you may find it easier to get started. You can buy a social media channel complete with followers, but we wouldn’t recommend that for an average landlord and the pros and cons of this approach […]
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