The Tenant Fees Act came into force in June. It is designed to prevent landlords and letting agents from overcharging tenants. Since this has come into force it’s meant that landlords must now refund any part of a tenant’s deposit that exceeds the statutory five-week cap.
Doesn’t it sometimes seem that people in the property industry have a crystal ball? Those that know what they’re talking about mention yields and ROIs and seem to know a lot about the areas they are investing in. It might feel like magic, but it’s a result of good, solid, research.
As we’re nearing the end of the year, we thought it would be a great time to look back at Landlord Vision’s biggest improvements and developments of 2019!
On paper, being a successful landlord is easy. The right property + the right tenant, mixed with a smidgeon of luck, and voila! You have a successful buy to let business. Unfortunately, there is also a lot that can go wrong!
Heat and hot water are two things a landlord must provide. Bedrooms should be at least 18 degrees Celsius and living areas 21 degrees Celsius. Most tenants expect to have control over when the heating comes on, for how long, and also whether there is any hot water…
Illegal sub-letting affects both landlords and tenants. Desperate tenants end up paying over the odds to rent poorly managed, sub-standard accommodation whilst landlords lose out on rent and face expensive court cases to evict illegal tenants. Unfortunately, it’s more common that you might think.
A leading alternative deposit provider is calling on the government to incentivise deposit reforms by offering landlords tax breaks if they move away from traditional upfront deposits.
Depending on your point of view (and personal experiences), letting agents are either an unnecessary expense or a service you can’t live without. If you’re reading this article, we’ll assume you don’t fall into the former camp!
If you are one of the many landlords who dream about getting extra hours in their day, we’ve got a post for you here on how to save time on property maintenance. These simple tips can help save you a whole lot of time managing the maintenance for your property empire.
An Edinburgh landlord has been fined after claiming his flat was a holiday let when it clearly wasn’t. He told the tribunal the property was owned by an overseas relative and he was only the manager rather than the legal owner, and as such he was ignorant of his duties. However, this defence was firmly […]
Around 7% of landlords in the UK are “accidental”. They are the landlords who never intended to let out properties. Some are forced into the sector when they can’t sell their home but have to move anyway; others inherited a property and are not yet ready to relinquish it.
Not all landlords supply white and brown goods with a rental property, but it’s common to include a couple of larger appliances.
Rogue landlords are a blight on the private rental sector landscape, yet more often than not they manage to evade prosecution. In a bid to tackle the problem, a database of rogue landlords was put in place in 2018 by the then prime minister, Theresa May. Local authorities can now add rogue landlords to the […]
A famous pop singer and former X-Factor judge has been ordered to pay a landlord nearly £70k, which includes interest and costs, after allegedly trashing his rental flat. Tulisa Contostavlos denies damaging the £1 million flat, but the judge still told her to pay up.
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