If you’re considering self-managing your property business, a good place to start is to understand exactly what might be expected from you on a day to day basis. In this post, we’re going to look at the typical step by step management of a property from what to do before you find a tenant right […]

We all know that being a residential landlord is a big responsibility. Whether you’re new to BTL or have an established rental portfolio to manage, it’s important that you understand your legal responsibilities to protect both yourself and your tenants. 

Keeping your costs to a minimum is advised when starting a business because it means you can pay off your start-up costs sooner and then start to make a profit. Also, you risk losing less money if, in the end, the business doesn’t get off the ground.  

As an existing or prospective landlord, there are three main options available when it comes to buying property.   You can either: 

Almost all landlords now work with online systems one way or another. Whether you have your own website, you email your tenants, or you simply store all of the relevant information on a computer or device connected to the internet, the majority of administrative work can be considered to be ‘online’. Such a reliance on […]

In this guest post we’re going to explore the benefits and drawbacks of online conveyancing for landlords to help you make informed decisions about your property projects. 

Property investment is a landscape that constantly shifts. There are so many moving parts impacting future decisions that it’s important to get the fundamentals right early on. In this guest post, we take a look at one of the first things investors need to consider when choosing a property. This, of course, is what the tenants wants from the rental property. 

Each year we cycle through four seasons, putting up with freezing rain for weeks, and later making the most of the sunshine and heat. But many of us fail to realise that the property market gets affected by changing seasons too.  

Good bookkeeping is as important for landlords as it is for any other business owner. Without thorough, accurate financial records, you can’t possibly build up a realistic overview of what’s happening in your business. It’s essential for monitoring performance, planning ahead to manage your cash flow, and dealing with the challenges of HMRC. 

When deciding to rent out your property it can be easy to imagine that your future tenants will be noble custodians, diligently looking after the space, paying rent on time and being respectful to neighbours and the environment.  

Looking to buy a freehold flat? There can be a lot to think about when it comes to these kinds of properties, so making sure you know what you’re buying before you put down any money is vital. 

According to Investopedia, property management is the daily oversight of residential, commercial, or industrial real estate by a third-party contractor. Property managers take responsibility for the general upkeep and maintenance of properties, including day-to-day repairs and security issues.

As a landlord, it can be confusing to know what your rights and responsibilities are at the best of times, but it can be especially difficult with HMOs (house in multiple occupation), as you have to manage multiple tenants. 

As landlords, it is imperative to ensure we have adequate education on the different laws and rules that apply to landlords and tenants.