Rent can be a contentious subject. Tenants are often unhappy with rent increases but landlords have to consider the costs of mortgage repayments, market movements and inflation when it comes to setting a fair rent or increasing an existing rent.
Rent can be a contentious subject. Tenants are often unhappy with rent increases but landlords have to consider the costs of mortgage repayments, market movements and inflation when it comes to setting a fair rent or increasing an existing rent.
Unless you’ve been hiding from every incarnation of the news ever (I wouldn’t blame you). Then you’ve heard about the Tenant Fees Ban. The ban was introduced by the Tenant Fees Bill and came into effect on the 1st June 2019 for all tenancies signed on or after that date.
We are a nation of animal lovers, but a huge number of landlords ban pets from their rental properties. In this article we’re looking at best practices and things to be aware of when renting to tenants with pets.
Members of two of the UK’s biggest landlord organisations have voted in favour of a merger, which will take place in January 2020. The new association, which will be called the National Residential Landlords Association (NRLA), will have more than 80,000 members and, therefore, will have a louder voice in the buy to let sector.
In this post, we have a few money-saving tips to help you keep your property maintenance costs as low as possible, without cutting corners.
Although much of the information out there relates to tenants’ rights, landlords in England have rights too. However, it is easy to get caught up in the complex web of legislation surrounding property letting.
The fees ban legislation caps rental deposits at 5 weeks rent and this has meant that landlords and letting agents are thinking outside the box when it comes to pets. Traditionally landlords and letting agents have charged a higher deposit when letting to tenants with pets. Having pets in a property can represent a higher […]
I’ve been to my fair share of disastrous inspections. Truth is, no matter how well you’ve vetted your tenant, you can’t be sure that their standard of living will be the same as yours. Remember, cleanliness is subjective. What looks dirty to you and I may look clean to someone else…
What makes a property management software great, isn’t how many tenancies it can store or how it looks (while those things are, of course, important), what tends to really matter is what it can actually do. How often have you read up on a software, found it has all kinds of interesting titbits, but somehow […]
Most landlords ask tenants to pay a deposit when they start a tenancy. New rules in England means this is typically 5 week’s rent, but where the annual rent exceeds £50,000, a 6 week deposit can be taken. The deposit is there to cover any accidental damage or other issues, so the landlord can deduct […]
Landlords come in all shapes and sizes. Some landlords treat the buy to let sector as a business. For them, it’s a hands-on approach. Others end up as accidental landlords, perhaps because they moved in with a partner and didn’t want to sell their home or because they inherited a home from a family member.
Shadow Chancellor, John McDonnell has announced a radical new scheme that targets property owned by buy to let landlords. If Labour gets into power, it will give tenants the right to buy their rental property at a discounted price. John McDonnell says this will tackle the problem of rogue landlords, as well as making it […]
Following a recent court case where a landlord was denied an eviction order because he didn’t give the tenant a Gas Safe Certificate before the tenancy began, the RLA launched a crowdfunding campaign to help pay for an appeal. In the week since the crowdfunding campaign was launched, it has already attracted more than £4,400 […]
A buy to let investment property is not a guaranteed investment. Various government policies, combined with rising house prices, have made it increasingly hard to make a profit in the private rental sector. But all is not lost.