Letting Agent Talk
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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Female landlords more accepting of diverse tenant types
Female landlords are more sensitive to personal circumstances and more likely to rent to different types of tenant – from single mums to pensioners and students. That’s one of the findings from a new report by Simple Landlords Insurance out today, looking at the rise of women in property and the difference between male and…
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Knowledge is power in the fight against lost revenue
Turn your calendar to June and you may have circled the 2nd in red pen – the deadline when agents must respond to the proposed ban on tenant fees in England. The consultation paper has made it clear that all recouping avenues have been blocked off, with a simultaneous ban on landlords and third parties…
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Don’t be outsmarted by students
Right about know specialist student letting companies and agents in university locations will be busy finding students accommodation for September’s new academic year. Although that sounds like ages away, students are smart enough to line up 12 month tenancies now so they’re not scrambling around for somewhere to live in the summer. Students are also…
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Finding the right tenant, keeping and maintaining a good relationship.
A question on every landlords list, “Is this tenant right for my property?. The simple answer is you can’t always be 100% sure, you can however make sure you have 100% done your research and asked the right questions. Although I have been in the property market for many years I am still a Landlord…
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New Survey Gets Inside Landlords’ Heads
As an estate agent you’ll already be aware that landlords come in all shapes and sizes. They certainly aren’t an easy bunch to categorise. Some are devoutly hands-off and will trust you religiously with the well-being of their tenants’ housing affairs. Others believe delegation is a dirty work and, like PM Teresa May, would prefer…
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Property Analysts Predictions for 2017
Now that we’re well and truly into 2017 no-one can blame buy to let landlords for attempting to forecast ahead to try and predict how the next 11 months or so are going to pan out. It hasn’t been an easy ride for them over the past couple of years, after all. Thanks to the…
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Free lettings advice seminar for small and independent agents
ARPM Outsourced Lettings Support is running a free seminar on Monday 20th February tailored especially for business owners, directors and decision makers at small estate/letting agents and independent property companies. The seminar will take place between 14.00 to 16.30 at the Holiday Inn London Gatwick Airport, Povey Cross Road, Horley, Surrey, RH6 0BA. Attendees will…
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