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New government legislation pertaining to electrical safety comes into force in July. With non-compliance penalties of up to £30k, this is not something landlords can afford to ignore.
New government legislation pertaining to electrical safety comes into force in July. With non-compliance penalties of up to £30k, this is not something landlords can afford to ignore.
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 […]
Times are tough for landlords and tenants right now. Huge numbers of people have lost their jobs or had their hours cut, which has made it very difficult for tenants to pay their rent. There is help in place for landlords with mortgages, as lenders have agreed to offer temporary payment holidays for anyone experiencing […]
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 […]
No two landlords take the same approach to managing their properties. Luckily Landlord Vision can be customised so you can manage your portfolio however you like it. In this month’s tip we’ll introduce you to the most popular customisations. Give this a read and have a play around to put your own stamp on the […]
Data published by a leading estate agent shows how much the buy to let sector has changed in the last three years. As predicted by many experts, a large number of smaller landlords have left the sector and there are now around 160k fewer rental properties.
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 […]
Tower Quay properties who look after more than 100 properties for millionaire John Christodoulou have refused rent reductions for tenants. The block in east London is home to more than 100 tenants, all of whom sent a letter to the managing agent, requesting a reasonable 20% rent reduction because of the pandemic. However, Tower Quay […]
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 […]
Coventry City Council has come under fire from the National Residential Landlords Association after pushing ahead with a landlord licencing scheme for HMO properties. The NRLA says the scheme is in direct contravention of the government’s guidelines, which state councils should not implement non-mandatory licencing schemes while the pandemic is ongoing.
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 […]
Retail tenants in a major shopping centre in London were shocked to receive a blunt warning from their landlord. It said in no uncertain terms: pay your rent or the next step is court. Before Covid-19 struck, commercial landlords considered court action as a last resort, only done when all other steps to recover the […]
