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 […]
I am focusing on the impact to property investors while at the same time acknowledging the dreadful loss of lives and heartache that many people will be dealing with. “History shows that there are two things we can be sure of when it comes to financial crises: there will be another one, and the next […]
Gardens can be a bit of a pain for landlords, especially if you discover the tenant hasn’t maintained it and the weeds are ten feet high. Sadly, there is often a fair degree of confusion about who is responsible for what. Tenants may assume it’s up to the landlord to take care of the garden […]
It’s a difficult time for landlords right now. The private rental sector has taken one too many knocks recently with legislation and tax changes, Brexit uncertainty, not forgetting the challenging Covid 19 epidemic. So, what should be a landlords’ current investment strategy? Here we’ll look at a range of investment strategies that will help private […]
Most tenants are reliable and do pay their rent on time, but if you are unfortunate enough to end up with an unreliable tenant, a whole world of pain will shortly be heading your way. Referencing and checks can help a landlord decide whether a tenant is likely to be reliable.
It’s difficult to stay up to date with the latest news and legislation at the best of times, but during the coronavirus epidemic things change quickly and with very little notice. Luckily there are plenty of places Landlords can go to keep on top of everything. In this post we’ll share the top coronavirus information […]
In just a few short weeks the way you manage your properties (and your finances) may have changed. Because of the pandemic you may be dealing with tenants who are unable to pay their rent, mortgage holidays and a whole host of other issues.
“God grant me the serenity to accept the things I cannot change, courage to change the things I can, and wisdom to know the difference”. – Reinhold Niebuhr When the crisis passes, and it will, we will all need to pick up the pieces and put our businesses back together. There are some things that […]
Noisy tenants can be a problem for landlords. Whether your tenants are fans of loud music or your properties are located in streets where there are problem residents, noise issues can cause all kinds of misery.
The government says we could be stuck in lockdown until June. We all know it’s necessary and extreme social distancing does seem to be working, but let’s be honest – it’s hardly much fun. But as many others are using the time to be more productive you could follow their lead and do something useful […]
Coronavirus is affecting everyone. People have lost their jobs and many are sick. The Prime Minister is concerned enough to put the country in lockdown, with everyone instructed to stay indoors unless it is absolutely necessary to buy food, collect medication, or go to work. This is a good thing, although it won’t be much […]
Life as a landlord means dealing with a lot of red-tape. From drawing up legal lease agreements to making sure your properties don’t fall foul of the Homes (Fitness for Human Habitation) Act, if you fail to meet your legal requirements, you could end up in court.
When BHS went into administration in 2016, not much was said about the 164 commercial landlords owed £4 million in unpaid rent, some of whom were also private landlords. Many of the properties were old, in poor condition, and too large for most prospective tenants.
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