There are reported to be about half a million “HMOs” (houses in multiple occupation) in the UK. A rented property is considered an HMO if at least three tenants live in it and they make up more than one household, with shared toilet, bathroom and/or kitchen facilities.
So you have a letting agent looking after one of your properties. Your tenant has paid that agent their rent, the agent has deducted their fees and paid you what’s left, leaving a lesser sum in your bank account.
Build-to-rent schemes are fast emerging as an attractive investment avenue for property developers and institutional investors.
Location, location, location. This phrase is often used in the property market to emphasise the power a property’s location has in influencing its value (and potential profitability if you’re a landlord.)
Getting yourself on the property ladder can be extremely rewarding. It’s also a great chance to earn extra income! You can do it full-time or as a side hustle alongside your other commitments.
As we know, the government is under pressure from tenant support groups. Following a “disappointing result” in the recent local elections, we have seen the government cancel the proposed changes to Leasehold legislation and hold back on the publication of the Renters Reform Bill. The truth is, that these have the potential to decide the […]
For landlords and tenants alike, fair wear and tear is perhaps one of the most contentious and misunderstood areas of letting out a property. Underpinning the discord between parties are the raw feelings of what is considered ‘fair’ and ‘just’ when returning a property after a protracted tenancy.
Most Britons will by now be aware that the UK, and for that matter most of the developed world, are experiencing a cost-of-living crisis. The repercussions of Covid driven damage to international supply lines, generous government fiscal policy and Russia’s decision to invade Ukraine have caused prices to skyrocket. Inflation increased to a 40-year high […]
The UK rental property market is facing an unprecedented crisis.
Craig has been a landlord for 8 years and uses Landlord Vision to manage his property portfolio.
Managing your properties is a huge part of being a landlord. Aside from the governmental red tape, you have tenants to look after, finances to keep on top of, various expiring certificates and insurance to be aware of and more besides.
Energy Performance Certificates (EPCs) have become vital for promoting and improving energy efficiency within the UK rental market. UK landlords are legally responsible for ensuring that their rental properties have a valid EPC and meet the Minimum Energy Efficiency Standards.
Rates, rates, and more rates. So much of our daily lives and economic well-being is underpinned by interest rates and their direction of travel. Interest rates directly influence the cost of borrowing, including the cost of mortgages. As interest rates and corresponding mortgage rates have risen over the past 6-12 months many landlords and property […]
Letting out student housing can be more demanding than running a traditional buy-to-let, but it typically offers greater financial rewards. If you’ve been a landlord before, you should know the ropes, but you’ll need to brush up on the additional student landlord regulations and responsibilities before you can begin letting to students.
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