The Tenant Fees Act came into force in June. It is designed to prevent landlords and letting agents from overcharging tenants. But one unexpected consequence of the legislation is that landlords must now refund any part of a tenant’s deposit that exceeds the statutory five-week cap.
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Doesn’t it sometimes seem that people in the property industry have a crystal ball? Those that know what they’re talking about mention yields and ROIs and seem to know a lot about the areas they are investing in. It might feel like magic, but it’s a result of good, solid, research.
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As we’re nearing the end of the year, we thought it would be a great time to look back at Landlord Vision’s biggest improvements and developments of 2019!
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On paper, being a successful landlord is easy. The right property + the right tenant, mixed with a smidgeon of luck, and voila! You have a successful buy to let business raking in the cash. Unfortunately, there is also a lot that can go wrong!
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Heat and hot water are two things a landlord must provide. Bedrooms should be at least 18 degrees Celsius and living areas 21 degrees Celsius when it’s near freezing outside. Most tenants expect to have control over when the heating comes on, for how long, and also whether there is any hot water…
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