Landlord News Category

The coronavirus ‘stay-at-home’ instruction led to the temporary closure of office premises across the country. Many workers who abruptly left their office desks following the declaration of the pandemic have embraced working from home for nearly one year.

Most landlords will be familiar with the major property portals Rightmove and Zoopla. They deal with both property rentals and buying and selling. These huge portals are popular with prospective tenants and house buyers and so they’re usually the first thing a landlord thinks of when advertising properties to rent. For many self-managing landlords though it isn’t as straightforward as taking out an advert on Rightmove and Zoopla. There are some extra steps and expenses you may not have considered before using these portals. Here we’re going to take a look at the pros and cons of using Rightmove and Zoopla, how much it will cost, whether there are other options open to you and how you can save money if you do decide to use these platforms. 

Private landlords in Scotland are advised to act reasonably when interacting with tenants who are unable to make rent payments due to the coronavirus pandemic. By working cooperatively to strike an agreement, the interests of both parties can be fulfilled.

ARLA is calling upon the government to implement a support package to help keep the private rental sector afloat. It says if the government doesn’t do something soon, many landlords will have no choice but to launch eviction proceedings against tenants.

During their tenure as a homeowner, borrowers may endure periods of extreme financial strain. This forces them to drastically scale back on outgoings. The largest expense typically being mortgage payments. Classed as an essential investment which not only guarantees shelter but provides life’s necessities. Scrambling to raise funds to fulfil mortgage payments not only has the power to deteriorate financial health but also borrowing ability. The impact this will have on the mortgage holders’ creditworthiness and eligibility will differ based on the rulings for each financial institution.