What Do I Need To Know Before Renting Out My Home?
Navigating the world of rental management can be a strange, and overwhelming, experience for many first-time landlords. In Leicester, there are a huge number of students and young families, making it a popular area for landlords. But what should all these new landlords understand before they venture into the rental market? We’ve listed some of…
Hamptons International Monthly Lettings Index – May 2018 reveals the number of properties rented as a second home in Great Britain reached 13,680 last year, the highest number on record. The Hamptons International Lettings Index (formerly the Countrywide Lettings Index) reported that the number of rental properties used as a second home has been steadily…
Crackdown on those renting out overcrowded and dangerous homes
Measures to improve overcrowded and dangerous living conditions of private tenants in shared homes were laid before Parliament yesterday (15 March 2018) by Housing Minister Heather Wheeler. Councils are being given tough new powers to tackle the small minority of rogue landlords who rent out overcrowded properties and impose fines of up to £30,000 for…
Buying a home is cheaper than renting according to Halifax
The latest Halifax Buying vs. Renting Review found that the average cost including mortgage payment of buying a three-bed home in the UK was £679 a month in December 2017, compared to the average monthly rent of £754 for the same property type. New research from the Halifax reveals that first-time buyers are saving £27,000…
Income from renting holiday homes can be huge.
Holiday homes exempt from cuts to Buy to Let tax breaks With George Osborne having clamped down on the ‘buy to let’ boom through his huge cuts to the property tax breaks, holiday houses are emerging as a new nest egg for those looking to supplement their income through property. While from 2020, landlords will…
Tenants renting their homes for long term.
The latest findings from the HomeLet Rental Index reveal that over the three months to October the cost of a tenancy outside of London rose by 3.5 per cent when compared to last year. Whilst this level of growth for new tenancies continues to outstrip the rate of inflation, this is much lower than the…
Zoopla finds 40% of full-time workers priced out of homeownership across Great Britain
New research from Zoopla finds over half (58%) of working households in southern England cannot afford to purchase an average priced two or three-bed home Almost three quarters (74%) of full time workers are unable to buy in London Homeownership is accessible to most workers across the rest of Britain, although there are hotspots emerging…
The Reasons Why It Makes More Sense To Rent Your Home Rather Than Buy It In Singapore
People are always telling us that we need to get onto the first rung of the property ladder but many don’t seem to understand that there are many advantages to be enjoyed by continuing to rent your home. There is always an alternative to anything in this life and if you own a large property…
Selling, Keeping, or Splitting: Managing the Family Home During Divorce
The family home is one of the most debated issues during divorce proceedings. No-fault divorce laws altered the divorce process in England and Wales in April 2022 when they were introduced. However, if you are divorcing and have a family home, you will still need to make decisions on how you will deal with dividing…
Renting vs. Buying: Making Informed Decisions in the UK Property Market
The quest for the perfect abode in the UK often boils down to one pivotal decision: to rent or to buy. This choice goes beyond mere financial implications—it’s a deeply personal journey towards establishing a haven that resonates with our very essence. With the UK property market’s distinctive dynamics and its recent unpredictable shifts, this…
7 Things You Need to Know Before Renting a House
You have decided to rent a residence, correct? Wonderful things! But prior to becoming overly enthusiastic about your new accommodations, there are a few crucial points that should be considered in order to avoid unnecessary harm. We have you covered, from avoiding financial pitfalls to navigating legal jargon. Looking for a new place to call…
Finding Your Home In Nashville: 5 Reasons Why You Should Invest In Rental Properties
Diversifying your investment portfolio is beneficial for tough times to come. You cannot lose all of it in a blink of an eye. There is a saying that you should not put all your eggs in one basket. As such, you can invest your money in rental property, NFTs, bonds, or other viable options that…
All You Need to Know About Renting a Dumpster to Dispose of Your Waste
Getting rid of household clutter, landscaping, or even undertaking a roof replacement is backbreaking and expensive. You must also arrange to rent a dumpster and hire a waste removal service. According to Forbes, renting a dumpster is a simple, sanitary, safe, and cost-effective way of disposing of large amounts of waste. An insight into the benefits and…
Bought a new home? Here’s how you can get back into a saving habit
Buying a home is a significant drain on most people’s savings, especially if they’ve been saving up for a down payment for years. Any money that’s left over may go to solicitors, essential repairs and new furniture, leaving a lot of people with an empty bank account and too many things to spend on. If…
Deciding on Home Insurance: A Few Things to Consider
Houses are typically the most valuable possessions a person will ever own, so it’s essential to protect them adequately against unexpected loss. Buildings insurance is not mandated by law in the United Kingdom, although some mortgage providers may insist on it as a precondition for extending credit. While specifics vary by policy, homeowners insurance protects…