The UK is a very different place since coronavirus struck. Businesses have gone bust and a lot of people are out of work. The government has been forced to pull a few rabbits out of the hat to try and prevent economic catastrophe. These measures have included plans to help landlords and people living in […]
The press is full of negative news right now, but like a shining ray of hope, we have come across some lovely stories of kind-hearted landlords willing to put their own needs aside to help their tenants.
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 […]
So, we’re here again, another month another newsletter article. What do I write? Simple, I open my pre-prepared list of ideas, choose the one I think is most meaningful for this month, and start typing words onto the page…
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.
The COVID-19 pandemic is understandably causing a lot of people significant stress right now. From concerns over vulnerable relatives and the potential loss of work to panic buying and stripped supermarket shelves, these are uncertain times. But one landlord’s kind action has prompted thousands of people to share messages of support using the hashtag #ThankyouMrLandlord.
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.
The Residential Landlords Association is warning landlords that many tenants are living in their overdrafts. With the new FCA rules on overdraft fees coming into effect in April, it’s likely that many tenants will slide further into debt – which could impact their ability to pay the rent on time.
When our customers told us they wanted to upload their receipts to Landlord Vision and extract data from them, we set about finding ways to make that happen. We knew we couldn’t code it ourselves, that would have taken years, but we wanted a partner that we’d be proud to do business with. We wanted […]
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.
The RLA has helped a landlord win his case against a local authority that rejected a Housing Benefit claim by his elderly mother, the tenant.
Not all tenants live in the private rental sector out of necessity. Some people would rather rent a home than buy one. Where tenants live in the private rental sector by choice it’s usually because it makes sense for their lifestyle at that time.
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.
In 2012, there were 2.58 million private landlords. By 2017, the number had risen to 2.88 million, as more people bought into private rental housing in a bid to make extra money and shore up their retirement income. But thanks to government tax changes, this number dropped to 2.66 million in 2019. Does this data […]
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