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HMO licences were introduced as part of the Housing Act 2004. They came into being as a way to protect people living in shared houses, which were often overcrowded with poor fire safety measures in place.
HMO licences were introduced as part of the Housing Act 2004. They came into being as a way to protect people living in shared houses, which were often overcrowded with poor fire safety measures in place.
Letting agents provide a valuable service to landlords. Managing one property with long-term tenants isn’t too difficult. Once you have several properties; it can easily become a full-time job. These days, landlords can choose between online letting agents and their traditional high street counterparts. Both have their pros and cons, so in this article, we’ll […]
There has been a rise in landlord property investment. In part this was due to an increase in investment activity during the start of the pandemic. As an SDLT exemption was put in place on properties worth up to £500k (which ended in March 2021), many investors took this as an opportunity to expand their […]
Being able to collaborate using online tools is more important than ever. Managing properties is no exception. Here you can find out how to create multiple users and adjust permissions so everyone can find what they need. Team work makes the dream work!…
It is possible to enter into a verbal, legally binding contract to rent a residential property. This might not be advisable though. In this post, Thomas Taylor a legal expert from our partner Net Lawman explains what you should know about your obligation to form a written tenancy.
On Friday 28th August (bank holiday weekend) Government announced major changes to the eviction process for private landlords in England which have left many landlords asking: “Will I ever get rid of my bad tenant?”
Self-managing a property saves landlords money, but it’s not for everyone. There is a lot to think about and the penalties for forgetting crucial parts of the process can be steep. As with many things in life, being organised is essential. To help you get started, here is a checklist of must-do tasks.
Self storage is a service wherein individuals, households, and businesses are provided with clean and secure private storage spaces, which they may use to keep old furniture, unused appliances, seasonal clothing and equipment, and much more.
Investing in property is a big step. It’s definitely not a get-rich-quick scheme. If the stars align and you are business-savvy, you can enjoy a good return – arguably much greater than depositing money in a savings account!
Selling an investment property is not as straightforward as selling a residential property. Unless the property is empty, you have a tenant to consider. Although you ‘own’ the property, the tenant has rights. This means you can’t call your local estate agent and stick the property on the market without giving the tenant a second […]
“Are voids always an issue with HMO’s? What would one estimate average monthly voids for HMO’s?” I often take part in discussions in face book property groups and very often they begin with a question from a new landlord or a person who is hoping to become a landlord or “get into property” via rent […]
The buy to let sector is still attractive to many people. Literally anyone can be a landlord. As long as you have enough money to buy a second property, you can let it to tenants and charge them rent for the privilege of living there.
Antisocial behaviour (ASB) can cause neighbourhood misery. For problems such as loud music late at night affecting neighbours and other people living in the property, it can feel like they are living a nightmare that never ends.
Voids cost landlords money. It’s less of a problem in HMOs, as you’ll still have rental income from the remaining rooms. Since the aim of buy to let investment is to maximise your rental income, it makes sense to take steps to avoid property voids where possible.
