Letting Agent Talk
The Advanced Rent Option (ARO) Launches National Rollout
The Advanced Rent Option (ARO), which allows licensed lettings agents to offer their landlords a year’s rent upfront as part of their full management service, is being rolled out nationally, after a highly successful pilot in the South East. ARO is a game changer for the lettings industry, providing security and peace of mind at…
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What Matters Most to Renters in London Post Coronavirus?
The property market in London is grappling with the effects of the pandemic, notably the changing preferences of renters. Since lockdown in the spring of 2020 showed people what life is like during a public health crisis, many tenants have changed their priorities when looking for flats or houses to rent in London. More access…
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Section 21 Evictions Being Scrapped – The Latest Plans Landlords Need to Know
This April Housing Secretary James Brokenshire announced planned changes to the rental sector. The changes include the scrapping of section 21 notices, which was an action approved by Theresa May with the aim of protecting tenants from unfair eviction. Under the new proposals, landlords will have to provide evidence for bringing a tenancy to an…
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5 Current Trends Impacting The Real Estate Development Industry
This is a year like no other and this pandemic is going to change the face of so many industries across the globe. One such area that we are going to look into today is real estate and in particular the trends which we can expect to see take place in this year and beyond….
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5 Things Landlords Should Look for in a Property Manager
Renting out property can be a hugely rewarding lifestyle, but it comes with more than its share of anxieties. One of the foremost concerns is how to find tenants that you can have a healthy and beneficial relationship with. However, landlords don’t always have the time to manage this along with other priorities. Finding a…
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Five Ways to Make Owning a Rental Property a Little Less Stressful
Owning a rental property can be a great way to make passive income. It can also be a great way to utilize a property that you’re having a hard time selling, or it can provide you with money to cover mortgage payments until you are ready to move back into your home. However, owning a…
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What to do if you can’t pay your rent due to Covid-19
Are you worried about your ability to pay your rent through the Covid-19 crisis? Don’t panic – you’re not alone; there are many people struggling through this complicated time with issues like job security and where their income is going to come from. So, if you are in a position where you are worried about…
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An alternative to a client account for letting agents
Many startup and established letting agents are getting frustrated with the difficulty in opening and managing a client account. Currently, many letting agents are struggling to open new client accounts, with some even being served notice that their accounts are to be closed. This problem is a consequence of the Anti-Money Laundering (AML) legislation reported…
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Advising Tenants On How They Can Clean Their Property Perfectly Before Moving Out
If you run an estate agency that manages rental properties, then you might notice that your team often becomes the first port of call for tenants who have queries and questions about maintaining their property. One issue that many tenants might have is understanding what they need to clean when they move out of their…
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How to Exit a Commercial Lease Early
Getting out of a commercial lease ahead of time might be necessary for a number of reasons. Perhaps the business is growing and needs bigger premises quickly, or the opposite is the case. If you are struggling financially, you may be looking for a lease that offers better terms fast, or your business may sadly…
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The Importance of Electrical Safety Standards in the Private Rental Sector
With homeownership now a distant dream for many adults, the private rental sector in the UK is thriving. Renting from the private sector can be a mixed bag. Fortunately, there is legislation in place that compels private landlords to maintain certain standards. Few of these are more important than electrical safety standards. What Responsibilities Do…
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The Worst Places To Be A Long-Term Landlord
In one of our recent articles, we took a detailed look at some of the best places around the UK to be a long-term landlord. So, in the interest of fairness, we thought it would now make sense to look at it the other way around as well, highlighting some of the places to avoid…
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The best places to be a long-term landlord
When it comes to being a landlord, yields play an essential role where profitability is concerned. However, one aspect of an investment that is often forgotten is the appreciation of bricks and mortar itself. Leading lettings management platform, Howsy, has looked at which areas have been the kindest to current landlords when considering both the…
Properganda PR
Tenant deposit disputes down so far this year
The number of rental deposit disputes lodged with Hamilton Fraser’s government-authorised deposit scheme, mydeposits, has fallen by -15% across England so far this year. Analysis of the data by Hamilton Fraser’s sister company and deposit replacement provider Ome found that London, the South East and the North East have all seen the largest drop in…
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100% LTV mortgages are back on the menu – but only for the super rich
The ongoing impact of the Coronavirus has seen many mortgage lenders pull nearly all of their highly leveraged mortgage products from the market. However, 100% loan to value mortgages are now back on the menu, the only caveat being you have to be super-wealthy to secure one. It isn’t the first time that mortgage products…
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