The full implications of the COVID pandemic are still unknown, but the UK economy has already shown a significant negative impact and it’s likely to affect the property market for several months, if not years. These are a few of the reasons why landlords should be preparing now for diminishing profits:
Landlords have a duty of care to ensure there are no vermin in a rental property before a tenant moves in. No tenant wants to be sharing their home with an army of cockroaches, rats, bedbugs or fleas.
A new university term is just around the corner. In two short months, millions of students might be leaving the bosom of their families and heading to university. If you’re a student landlord, you are probably gearing up to accept a new clutch of eager-beaver young people who are keen to get started on their […]
One of the many unfortunate consequences of Lockdown has been an increase in both Anti Social Behaviour and rent arrears in private rented property. Most of us realised early on that some tenants would struggle to pay their rent and that some tenants would take the opportunity to withhold rent despite the fact that they […]
Over a quarter of the UK’s workforce has been furloughed, many others have been made redundant or are self-employed and unable to work during lockdown. While some homeowners have been able to take a break from their mortgage payments, tenants facing financial struggles may have had difficult conversations with landlords about rent payments.
With over 2 million students in higher education in 2018/19, it’s safe to say the student housing market is pretty big. Students make excellent tenants but there are also things you should consider if you’re just venturing into becoming a student landlord.
Social media is a very important medium for marketing purposes. Whether you run a holiday let business or you rent to long-term tenants, social networking can help you connect with tenants.
Most tenants do not routinely change the locks in their rental home, but you should be aware that it can and does happen on occasion, especially in aggravated eviction cases. Read on to find out whether your tenant is justified in changing the locks and what you can do about it.
Conducting property inspections is an essential part of being a responsible and savvy landlord. Not only are you obliged to carry out repairs as and when they are needed but you should be keeping an eye on how your tenants are taking care of the property too. However, even though you own the property, you […]
With interest rates at the lowest they’ve been for a while, now could be a great time to re-mortgage, but for landlords it can take a lot of time and effort to find the right deal. Given that interest rates could increase at any time and that the available deals are always changing how do […]
Tenant referencing is a critical part of finding a new tenant. It can sometimes be a pain contacting a former landlord, but by speaking to a tenant’s previous landlord, you can verify a number of things…
Picture the moment: As a landlord you’ve parted ways with a tenant, the day has arrived for you to regain possession of your property. You unlock the door, hoping to find your property in good condition. So far so good, no major damage, but wait, the rooms aren’t empty!
Property auctions are not for the faint of heart, as fans of Homes Under the Hammer will know. Bid on the wrong property and there is no going back. Once the gavel slams down, that property is yours, for better or worse. Unlike a regular purchase, you can’t back out of the sale.
No matter what type of buy to let property you’re looking to invest in, you need to decide whether you want long-term or short-term tenants. In some cases, it’s a no-brainer, but in other instances, it might not be so obvious. In this article, we’re going to take a look at the pros and cons […]
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