Letting Agent Talk
Top of the class – top social classes push rents up by 65%
The latest data by, the UK’s only combined lettings inventory and property compliance specialists, VeriSmart, has looked at what impact top tier social classes have on local rental prices. VeriSmart grouped thousands of postcodes by the percentage of the population classed within the NRS social grading of AB. A being upper middle class holding higher…
Properganda PR
Tenant Needs to Go? Everything Landlords Need To Know About Eviction
Evicting a tenant can be a last resort after numerous attempts at mediation have failed. In some cases it’s the last thing any landlord wants, but sometimes it is necessary, in other cases landlords move quickly to protect their investment. When your tenant has skipped out on paying rent for months on end, bashed in…
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Property Asset Management: Your Guide to Managing and Growing Your Property Portfolio
When you’re managing a property portfolio, you’re controlling some of the biggest assets anyone will ever have. That’s why it’s important that you have key strategies at the heart of your property management company. With this in place, you can generate income for your business by nurturing and learning from all your investments. Here’s how…
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Why rent guarantee insurance is great for letting agents and not just landlords
Rent guarantee insurance has proved to be a popular product with landlords. Most policies will cover all rent arrears and will even cover the legal fees to evict the tenants. Costs for 12 month policies can vary between £90-£180 approx, so it’s an absolute no brainer for landlords. Surprisingly, many letting agents aren’t really pushing…
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Wasted space – how much rent are you wasting on unnecessary furniture per square metre?
Latest research by leading room share platform, ideal flatmate, has highlighted the cost of everyday household furniture when considering the space they occupy on a monthly rent per square metre basis. ideal flatmate looked at the cost of the average one-bedroom property and what this equates to per square metre, before attributing a monthly rental…
Properganda PR
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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