What Do I Need To Know Before Renting Out My Home?
Navigating the world of rental management can be a strange, and overwhelming, experience for many first-time landlords. In Leicester, there are a huge number of students and young families, making it a popular area for landlords. But what should all these new landlords understand before they venture into the rental market? We’ve listed some of…
Hamptons International Monthly Lettings Index – May 2018 reveals the number of properties rented as a second home in Great Britain reached 13,680 last year, the highest number on record. The Hamptons International Lettings Index (formerly the Countrywide Lettings Index) reported that the number of rental properties used as a second home has been steadily…
Crackdown on those renting out overcrowded and dangerous homes
Measures to improve overcrowded and dangerous living conditions of private tenants in shared homes were laid before Parliament yesterday (15 March 2018) by Housing Minister Heather Wheeler. Councils are being given tough new powers to tackle the small minority of rogue landlords who rent out overcrowded properties and impose fines of up to £30,000 for…
Buying a home is cheaper than renting according to Halifax
The latest Halifax Buying vs. Renting Review found that the average cost including mortgage payment of buying a three-bed home in the UK was £679 a month in December 2017, compared to the average monthly rent of £754 for the same property type. New research from the Halifax reveals that first-time buyers are saving £27,000…
Income from renting holiday homes can be huge.
Holiday homes exempt from cuts to Buy to Let tax breaks With George Osborne having clamped down on the ‘buy to let’ boom through his huge cuts to the property tax breaks, holiday houses are emerging as a new nest egg for those looking to supplement their income through property. While from 2020, landlords will…
Tenants renting their homes for long term.
The latest findings from the HomeLet Rental Index reveal that over the three months to October the cost of a tenancy outside of London rose by 3.5 per cent when compared to last year. Whilst this level of growth for new tenancies continues to outstrip the rate of inflation, this is much lower than the…
Essential Tips for Homeowners: Making Room for a Quick Sale
Selling a home can often feel overwhelming, especially when time is of the essence. However, strategies that make your space inviting and functional can capture the attention of potential buyers and expedite a sale. The right preparation can significantly influence how quickly your home finds a new owner. Here are some essential tips to help…
Labour’s Vision for Homeowners and Renters: Key Changes to Expect
The UK housing market continues to be a complex and often challenging landscape for both homeowners and renters. Labour’s vision for housing reform aims to address longstanding issues in affordability, security, and sustainability, setting out a series of policy proposals that could reshape the property market. Whether you are a homeowner, a renter, or an…
The pros and cons of renting to students: is it the right choice for you?
Student properties are no different in term of quality and facilities than any other type of private rental. And although landlords may have to spend a fair amount on setting up and properly maintaining student lets, they can also charge a good market rent. To help you decide whether letting to students might be worthwhile…
What income do you need to buy a home? by Neil Parker, Leaders
As property prices continue to increase, many people – particularly those who aren’t yet home owners – are concerned about whether they will be able to afford to buy or move home. While getting together a deposit is one part of affordability, the other is the level of income you have, which will the main…
Zoopla finds 40% of full-time workers priced out of homeownership across Great Britain
New research from Zoopla finds over half (58%) of working households in southern England cannot afford to purchase an average priced two or three-bed home Almost three quarters (74%) of full time workers are unable to buy in London Homeownership is accessible to most workers across the rest of Britain, although there are hotspots emerging…
The Reasons Why It Makes More Sense To Rent Your Home Rather Than Buy It In Singapore
People are always telling us that we need to get onto the first rung of the property ladder but many don’t seem to understand that there are many advantages to be enjoyed by continuing to rent your home. There is always an alternative to anything in this life and if you own a large property…
Renting vs. Buying: Making Informed Decisions in the UK Property Market
The quest for the perfect abode in the UK often boils down to one pivotal decision: to rent or to buy. This choice goes beyond mere financial implications—it’s a deeply personal journey towards establishing a haven that resonates with our very essence. With the UK property market’s distinctive dynamics and its recent unpredictable shifts, this…
7 Things You Need to Know Before Renting a House
You have decided to rent a residence, correct? Wonderful things! But prior to becoming overly enthusiastic about your new accommodations, there are a few crucial points that should be considered in order to avoid unnecessary harm. We have you covered, from avoiding financial pitfalls to navigating legal jargon. Looking for a new place to call…
Finding Your Home In Nashville: 5 Reasons Why You Should Invest In Rental Properties
Diversifying your investment portfolio is beneficial for tough times to come. You cannot lose all of it in a blink of an eye. There is a saying that you should not put all your eggs in one basket. As such, you can invest your money in rental property, NFTs, bonds, or other viable options that…