Letting Agent Talk
LANDLORDS URGED TO RE-MORTGAGE AS TOUGHER BTL LENDING CRITERA BEGIN TO BITE
Landlords are being urged to re-mortgage before tougher buy-to-let lending criteria, due to be introduced in September, make it more difficult to obtain finance. The call comes as the proportion of buy-to-let re-mortgage transactions, as a share of the total lending market, has risen over the last few months*, and as a diminishing demand for new…
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Guide to tenancy agreements: top 5 things tenants miss!
Though many tenants take a minute or two to glance over their tenancy agreement before they sign, most don’t read the small print before putting pen to paper. This can cause renters to miss vital details that affect both their tenancy and their finances. To help ensure you have all the information you need before you move in, here’s our guide to tenancy agreements and the top five things tenants miss.
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Guide to tenancy agreements: top 5 things tenants miss!
Though many tenants take a minute or two to glance over their tenancy agreement before they sign, most don’t read the small print before putting pen to paper. This can cause renters to miss vital details that affect both their tenancy and their finances. To help ensure you have all the information you need before…
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What to look for in a buy-to-let property
So you’re looking at investing in a buy-to-let property. Well, if you’re not sure how to go about it or what to look out for in your property, here are a few things to consider: Potential rental or growth When choosing your buy-to-let property, decide what your priorities are. Would you rather buy a property…
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Agents, have your say – Fixflo launches 2017 Rental Repairs Survey
Fixflo’s fourth annual Fixflo Rental Repairs Survey has officially launched and is set to reach even further than the last. The past year has produced some challenges for the residential lettings sector which has highlighted the need for agents to be able to share their feedback. Fixflo’s Rental Repairs Survey aims to give agents a…
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Which of these famous properties would you recommend as a buy-to-let investment?
Have you ever wondered what it might be like to be landlord for one of TV’s most iconic properties? Perhaps you’d like to see the Red Keep from Game of Thrones run as an HMO (House in Multiple Occupancy). Maybe the Teletubbies Home Dome could become a student-let, or there might be a nice little…
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Landlords, Will Your Property be un-rentable next year?
It has been on the cards for a while, yet awareness of the changes to Energy Performance Certificates (EPC) and the private rented sector seems scarily minimal. According to data released by Quick Move Now, 1 in 10 properties could be classed as un-rentable as a result of the change, and you could even be…
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Letting agents must prepare for a rise in renters
The UK’s letting agents need to prepare for a rise in the number of tenants entering the Private Rented Sector (PRS). This is the message from payment management solution PayProp, which says that agents who use technology to streamline and automate their processes can dedicate more time to clients and scale more effectively, among…
Neil Cobbold
You don’t have to beg landlords to stay
It’s the statistic that no one in property expected but research from the National Landlords Association revealed that 61% of landlords are currently use a letting agent – a 7% increase from the final quarter of 2016. The same report also found the proportion of landlords self-managing their property slipped by nearly 10% during the…
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BTL Mortgage Guidelines – New Criteria
The buy to let market has seen many changes over the last couple of years, with new tax rules, and increased stamp duty tax to name just a few. Currently mortgage lenders are coming up with new underwriting guidelines that will come into effect in September 2017 and this will affect how a landlords mortgage…
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Letting Agents: Don’t lose landlords with poor repairs
To win new landlords, one thing is clear: letting agents must be apt at providing immediate value, particularly when it comes to protecting a landlord’s key asset – their property. After all, it was only last year that 47% of letting agents surveyed by Fixflo stated that they knew of a landlord who had changed…
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Revealing landlords’ common fears
In the UK the rising price of properties, especially in London and the South East, has meant that the rental property sector has been burgeoning over the last few years, although there are signs of something of a slowdown as demand decreases and more properties become available. This may well be just a temporary blip…
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Don’t make a mess of MEES
There’s a lot to think about in lettings right now. The ban on tenant fees looks pretty certain, with each of the three major political parties reiterating the intention in their election manifestos. There are murmurings of a change to leaseholds if the Conservatives sweep to power and in the background, landlords are getting to…
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Nightmare agent with no Client Money Protection causes double-trouble for landlord
This week (Thursday 18th May, 9pm) Channel Five’s “Nightmare Tenants, Slum Landlords” will highlight why Client Money Protection is of paramount importance to all landlords and tenants, as a rogue agent in Ilford fails to pass on rent or carry out sufficient referencing, leading to a sub-letting scam via a Romanian property website. When IT…
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How much does an end of tenancy clean cost?
Many landlords and estate agents require tenants to have their property professionally cleaned when they move out. Some even go as far as requesting a receipt as evidence to show that the professional clean has taken place. No doubt, many tenants, landlords and estate agents have shopped around for end of tenancy cleaning company quotes,…
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