Landlord Advice Category

With interest rates at the lowest they’ve been for a while, now could be a great time to re-mortgage, but for landlords it can take a lot of time and effort to find the right deal. Given that interest rates could increase at any time and that the available deals are always changing how do you know when it’s the right time to re-mortgage your rental property?

Tenant referencing is a critical part of finding a new tenant. It can sometimes be a pain contacting a former landlord, but if you skip this stage, you might end up with the tenant from Hell. By speaking to a tenant’s previous landlord, you can verify a number of things.

According to the Royal Society for the Prevention of Accidents (RoSPA), more accidents occur in the home than anywhere else. 2.7 million people a year are treated in hospital A&E departments for injuries sustained at home. 

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 one won’t be the same as the last.” Bank of England

Evictions are not usually straightforward, but when it’s a family member, the process is fraught with extra sensitive landmines.

When you own a buy to let property that’s standing empty, you may be asked to let a relative stay there. On the face of it, allowing a relative to become a rent-paying tenant isn’t such a bad idea. After all, you know them, so surely it’s a risk-free arrangement. Unfortunately, it doesn’t always end well…