Asbestos is mostly a problem in older properties, usually those built pre: 1980, but it may also be present in homes built or refurbished pre: 2000. It was commonly used as a building material between the 1950s and 1980s, and if you invest in an older property – which many landlords do because they tend […]
Whether tenants are using illegal drugs, selling illegal drugs, or producing illegal drugs, it’s a fact that illegal drugs blight communities. They are also linked to organised crime. Sadly, landlords are sometimes forced to deal with the problems caused by tenants and illegal drugs. In this article, we are going to look at a landlord’s […]
Landlords have a duty of care to their tenants, which involves (among other things) keeping their properties in good condition. Tenants have obligations too, but in this article, we are going to look at the many responsibilities that landlords have with regard to property repairs.
Responsible landlords like to make sure their rental properties are spotlessly clean before the next tenant moves in. It isn’t enough to expect a tenant to run over it with a vacuum cleaner and damp cloth. Unless you check the property has been cleaned to a professional standard, chances are, your tenant will do the […]
Many people who are furloughed because of Covid19 are taking the opportunity to learn; from musical instruments to full blown university and college courses on line, this is a great way to keep yourself busy to avoid mental health issues and to actually turn a very negative thing into an extremely positive thing, especially if […]
The majority of terms in a tenancy agreement confirm the obligations of the landlord and the tenant to each other, such as when the rent is to be paid or whether the tenant may keep pets at the property.
Most landlords ask tenants to pay a deposit when they move into a rental property. A deposit gives the landlord a measure of security in case the tenant causes damage to the property or goes into arrears. It might not cover all the damage or rent arrears, but it is helpful, nonetheless. In this post, […]
There will come a point when you want to sell one or all of your investment properties. This may be because you have decided to leave the sector, or you have a property that isn’t performing as well as you’d hoped. Either way, finding a buyer gives you an opportunity to release your capital.
Selling a property with a tenant in situ is not that unusual. These properties tend to appeal to more experienced landlords. There are several distinct advantages to the arrangement when it comes to buying a property with tenants in situ. If you like the idea of buying an investment property that offers you an income […]
Rent to rent has variously been described as “highly profitable” and “ethically dubious”, depending on how you feel about the practice. In this post we’re looking at everything you need to know about rent to rent.
Future proofing our rented properties is something which we should do constantly but it has never been more important than now. I see people investing thousands of pounds developing properties, mainly into HMO, although some people have realised that the market is saturated and are now developing studios or one bedroom flats; they look very […]
A rental property is a big investment. Data from July shows the average cost of a property in the UK is £237,963, and it’s likely risen since then thanks to a post-lockdown buying frenzy. If you’re spending upwards of £200k on an investment property, it makes sense to look after it. You wouldn’t leave your own […]
Buy to let property investment has changed significantly in the last decade. A combination of government tax changes and a general slowdown in the property market, means it’s no longer as profitable to own investment properties.
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.
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