Posts Tagged ‘landlord’
UK average rents continue to see a slower rate of growth compared to last year says Homelet
Data from the latest Homelet Rental Index February 2017 reveals average rents in the UK continue to see a slower rate of rental growth compared to last year. The average UK rental value was £895pcm, compared to the same period last year that is an increase of 0.8% (£882pcm). The average rental value in Greater…
Read MoreSappy Dappy and the case of £70,000 of property damage
Landlords need to be clear that the impartially of check ins, check outs, inventories and inspections is just as important as conducting them in the first place.
Read MorePossible Changes ahead for madatory licensing of HMO’s
Recent reports point to Government plans to introduce changes to HMO mandatory licensing requirements, such changes would include extending mandatory licensing to two storey buildings and possibly single storey properties converted into flats, which are not compliant with Building Regulations. Landlords need to be aware that such changes to the licensing requirements for houses in…
Read MoreElections and referendum causing uncertainty
Only just last week we had the Hometrack cities House Price Index for March 2016 telling us that City level house prices at highest quarterly growth for 12 years, in the report this was put down to seasonal upturn being boosted by investors rushing to beat the stamp duty deadline. The outlook from here on…
Read MoreTrying to sell your tenanted property?
We all know it can be a stressful time when putting your house up for sale, but does it make things harder having a tenant there? We have compiled a couple of things you will need to be aware of in terms of your tenants’ rights. Unfortunately you can’t just kick your tenants out because…
Read MoreHow to handle disputes with your tenant
As a landlord, you have extensive responsibilities and chances are, at some point you may be faced with issues that need resolving. We have compiled a few ideas that may be able to help you figure out things with your tenant and could possibly stop world war three from happening! Keep positive If you start…
Read MoreOur tips for landlords: Make your rental property stand out.
As mortgages are becoming harder to obtain; this especially applies to first time buyers. It is not surprising that people are deciding to rent instead of buying a home. This might seem like an ideal situation for landlords but in fact it starts a fierce competition between landlords and rental prices. So if you are…
Read MoreContinued assault on Buy-to-Let
The continued assault on buy-to-let is now having its affect, landlords are already feeling somewhat deflated as they question the viability of their business and are now considering their positions regarding their buy-to-let investments, the last attack on landlords was the increase in stamp duty to be introduced next April for buy-to-let and second homes.…
Read MoreWear – What is the definition of wear and tear?
So you’ve spent hours / months / maybe even years getting your property fit for rental, but now you’re worrying about wear and tear; ‘how do I decipher what is reasonable and what isn’t?’ The law currently defines fair wear and tear as “reasonable use of the premises by the tenant and the ordinary operation…
Read MoreRogue Tenant
An illegal immigrant was arrested and will now face prison with the possibilty of deportation. Ashid Bomedian a Morrocan national assaulted the owner of his rental property after the landlord reported him to the police for suspected bicycle theft. He took the bicycle from outside a city restaurant and returned back to the property in…
Read MoreRented sector could suffer under Labour
There could be serious problems ahead if a labour Goverment were to enforce all the Landlord reforms they have been threatening to enforce, that is if they are elected into power with or without support from another party. We could see fewer rented homes available as Landlords may just look to sell up and not…
Read MoreCountdown Election 2015
Just 47 days to go in the run up to The General Election 2015. This week we had the last budget before the all important Polling Day 7th May, those that listened and watched the budget on TV were probably scratching their heads at the end of it, later in the day reactions were very…
Read MoreWhy YOU Need Property Management Software in 2015.
Do you spend too much time on admin and accounting tasks and not enough with your current and potential tenants? We all get lost in a world of paperwork and boxes to tick, forgetting the main factor for property management, the properties and those living in them. If you are looking for a New Year’s…
Read MoreRent Increases, Landlord and Tenants Responsibilites When Renting Privately
With rising house prices, renting property in the UK is very popular and when engaging in this particular process, both the landlord and the tenant should be equipped with certain information which is very crucial. Some of the important facts are discussed below: Your privileges and responsibilities In all independently houses or flats to rent you’ll…
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