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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.
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.
Property investment often yields higher returns than sticking your money in a savings account or ISA. Unlike futures trading or similar risky investments, property is widely considered a relatively safe long-term investment, as capital growth typically follows an upward trajectory and rents rise in a corresponding fashion.
Houses of multiple occupation (HMOs) are a potentially lucrative business model for landlords. Rental yields for an HMO are typically higher than for standard family properties, but they are a little harder to manage.
No landlord likes void periods. It’s that period in time where your property is unoccupied usually because you are between tenants. Empty properties can cause problems if you have a mortgage to pay. In this article we’re going to explore how to manage and avoid void periods.
Owning rental properties for investment purposes requires you to have business acumen, especially if you want your investments to grow. Your properties are a business, so you need to run them like one. Growing a business means you need to know how to handle risks, when to pivot and how to avoid ‘putting all your […]
According to research carried out by Knight Frank, the private rental sector is expected to reach 22% of the total housing stock by 2023, with 35-49-year-olds now the largest group living in rented housing.
This guest post is bought to you by the rubbish removal company Junk Hunters. Their experiences dealing with properties that have been used by tenants as cannabis farms will give landlords valuable insights into things they should be looking out for in their rental properties…
Students are a sound investment decision for many landlords. Whilst there are some downsides to letting to students, there are also significant gains. Rental yields tend to be higher in student properties and demand is consistent. Nevertheless, there is still a lot to think about before you dive in.
