Rent can be a contentious subject. Tenants are often unhappy with rent increases but landlords have to consider the costs of mortgage repayments, market movements and inflation when it comes to setting a fair rent or increasing an existing rent.
Rent can be a contentious subject. Tenants are often unhappy with rent increases but landlords have to consider the costs of mortgage repayments, market movements and inflation when it comes to setting a fair rent or increasing an existing rent.
We are a nation of animal lovers, but a huge number of landlords ban pets from their rental properties. In this article we’re looking at best practices and things to be aware of when renting to tenants with pets.
In this post, we have a few money-saving tips to help you keep your property maintenance costs as low as possible, without cutting corners.
Although much of the information out there relates to tenants’ rights, landlords in England have rights too. However, it is easy to get caught up in the complex web of legislation surrounding property letting.
I’ve been to my fair share of disastrous inspections. Truth is, no matter how well you’ve vetted your tenant, you can’t be sure that their standard of living will be the same as yours. Remember, cleanliness is subjective. What looks dirty to you and I may look clean to someone else…
Landlords come in all shapes and sizes. Some landlords treat the buy to let sector as a business. For them, it’s a hands-on approach. Others end up as accidental landlords, perhaps because they moved in with a partner and didn’t want to sell their home or because they inherited a home from a family member.
A buy to let investment property is not a guaranteed investment. Various government policies, combined with rising house prices, have made it increasingly hard to make a profit in the private rental sector. But all is not lost.
Record keeping is an onerous but essential part of running a business. Whether you manage one property or 50, you must keep adequate records of your business transactions. If you don’t, you could be in for a nasty shock one day soon…
A property inspection should be carried out at the start of a tenancy, when a tenancy ends, and at periodic intervals during the tenancy. Failing to carry out a regular property inspection is inadvisable for many reasons, not least the fact you could end up missing a host of serious problems.
Decorating a buy to let property is very different from decorating your own home. The point of decorating a rental property is to make it more attractive to tenants.
Not all landlords need to use a letting agent, but unless you have the time and experience to manage your own portfolio, a letting agent is often useful.
Have you ever read a full insurance policy booklet from cover to cover? You wouldn’t be alone if you said no, but you sure wouldn’t be in a majority if you said yes.
From tricky tenants who don’t pay their rent on time to never-ending red tape causing you headaches, landlord life isn’t always easy. Fear not! We have a handy list of 30 life hacks designed to make your life easier. Grab a refreshing drink and read on for some useful ways to save time, money and […]
Make no mistake, property investment is a business. Successful property investors and professional landlords don’t risk ‘winging it’. They have a solid plan in place from the beginning and they continually review this plan as the business grows.