Letting Agent Talk
How to Disclose Undeclared Rental Income
For any individual who finds they may have undeclared rental income, it’s imperative to get it paid off as quickly as possible. To prevent tax evasion by residential landlords, HMRC takes time to identify and contact landlords who may owe tax on rental income. As a result, an increasing number of people are coming forward…
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London’s most expensive room rent locations climb 2% in 2019 already, up 13% in 2018
Data from leading room share platform, ideal flatmate, shows that the cost of renting a single room in the capital has already increased by 2% in 2019, having increased by 13% between 2017 and 2018. ideal flatmate crunched the numbers across thousands of room rentals to see how much Londoners are paying on average and…
Properganda PR
What 2019 has in store for the buy-to-let market?
2018 saw a difficult year for the buy-to-let market. The Ministry of Housing reported that almost 4,000 buy-to-let properties were being sold off by landlords each month, resulting in the first drop in the number of rental properties on the market for the first time in 18 years. Could recovery be on the horizon? Here’s…
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Automated Feeds Service enables Letting Agents & Landlords to reach millions of Students
As part of an ongoing and major upgrade, Accommodation for Students (AFS), the UK No.1 student accommodation search engine, has launched a new automated feeds service for letting agents and landlords with large property portfolios, enabling them to instantly connect with the largest available pool of potential student tenants in the UK. Until now, letting agents and…
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This Time It’s Personal
In a world of fast developing technology, estate agents can often lose sight of the one great USP they have – themselves. Stephen Henesy, founder of property tech firm Helpthemove, argues agents must focus on the value they bring personally to ensure successful longevity. Open any property magazine or website and the chances are you’ll…
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Mayor of London seeks new term on back of Rent Controls
The mayor of London will look in to supporting a campaign that will combat rising rent prices in London though as any person looking to get an extra term would do, the mayor said he can only make this happen if he is given a further term. The mayor who supports a second people’s vote…
Christopher Walkey
Pros and Cons of Using Airbnb
Founded in 2008, Airbnb has gone on to become a global brand with a valuation of over $30 billion. Over 4 million listings and 150 million users has seen Airbnb become one of, if not the biggest property rental platform in the world, being present in 190 countries and 65,000 cities. The concept has had a…
Christopher Walkey
A Beginner’s Guide to Landlord Insurance
For a starter bummer, it is fun to reveal the real essence of landlords. Do you think they get costs in everything between natural calamity and accidental damages to property? NO!! It is just havoc created in minds of landlord apprentices. The question that may disturb you being a landlord of property for the first…
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Risks for Landlords When Renting a Property and How to Avoid Them
As a buy-to-let landlord, renting out a property carries some risks. There are different potential problems that can occur too, and financial losses could mount up when you don’t manage a property well. Fortunately, there are also ways to avoid or mitigate many of the issues. Here are a few of the risks that landlords…
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Landlord left with £2,500 clear up bill
It is every landlords nightmare to have that tenant from hell situation where you are both owed back dated rental fees and where you are having to seek help to rid them from your property. An experienced landlord from Mablethorpe, Mr Lillepa, lived this recently where a court deadline was imposed on his tenants which…
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TRADITIONAL TENANT REFERENCING IS A DEAD
A Sheffield-based letting agent and prop-tech entrepreneur claims that traditional tenant referencing is dead, as it uses old and slow systems, has little technology support and is grossly overpriced. For years, letting agents have had to use traditional referencing suppliers, who provide an expensive, out-dated service. They are mostly owned by large insurance companies, who use referencing…
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CAN LETTING AGENTS RECOVER FROM THE FEES BAN?
Findings from the latest annual report from Fixflo reveals that the fees ban could entirely wipe out some agents’ profits, with half of agents believing they will lose between 10% and 30% of their revenue. Almost 10% of those asked, said they would lose 30% or more of their income and agents cited loss of…
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Fractional Ownership: London’s Investment Secret
London has been a centre of the international real estate community for many years now, remaining popular despite Brexit fears over the last few years. Whilst traditional real estate investment maintains at a sensible level, a newer investment technique – fractional ownership – has also started to gain traction and become popular but what is…
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Health and Safety Features to Consider as a Landlord
As a landlord you have many responsibilities, and most of them pertain to the health and safety of your tenants. If your property is deemed unfit to live in, not only will you receive numerous complaints from your tenants, but you can also be needlessly endangering lives and be liable for legal action if it…
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Ending or Extending Your Tenancy: Everything You Need to Know
At the end of your rental period, you will need to decide whether to end or extend your tenancy. You may already know which route you want to take, but perhaps you’re unsure what’s expected of you. You may also be unclear about your rights as a tenant when ending or extending your fixed-term contract….
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