What Should Landlords Be Buying to Maximise Profits?
Whether you’re an established landlord or a first-time investor, you’ll probably be thinking about what to buy: a ready-to-go rental or a doer-upper. Which one should you pick? Currently, lots of changes are being made around rental rules, and reports claim that many landlords are selling up. However, there are still plenty of investors making […]
Preparing for the end of a tenancy
As a landlord, one of your main goals is to make sure your property is tenanted. As soon as the old tenants decide they’re moving on, it’s time to find new renters to move in. But while you’ll be keen for a quick turnaround, it’s also important that things are done properly (cutting corners will […]
Dangers of a DIY Tenancy Agreement: What Landlords Need to Know
Type ‘tenancy agreement’ into Google and you’ll get thousands of results offering free online templates and guides to writing your own rental contract. So why bother using a letting agent to sort out the tenancy agreement if you can do it yourself? What could possibly go wrong? Well, quite a lot. Hastily downloading a template […]
Summer Checklist for Tenants
At last summer is here, so what are your plans? Have you booked an exciting getaway? Or is the aim to kick back and relax on home turf? Whatever you’ve lined up, it’s worth taking note of the common concerns that can crop up in rented accommodation during the summer. If there’s a garden at […]
How to Choose the Right Letting Agent
How can you spot a top letting agent from a master of mediocrity? Read on to find out. Landlords use letting agents for all sorts of reasons. Some need help navigating red tape and lettings legislation, while others want a third party to deal with inspections, inventories and disputes. And some just want peace of […]
Keep It Formal – Why You Should Maintain a Professional Relationship with Tenants
As a landlord, it’s important to build a good relationship with tenants. You want them to feel comfortable in their new home and to care for it, pay rent on time and generally have a successful tenancy period. But what makes a good relationship? Unless you’re renting a property out to friends or family, it’s […]
Why Summer Is the Right Time for Landlords to Tackle Energy Improvements
With summer here, most people will have banished all thoughts of winter and the dark, damp days that go with it. But there’s a good reason why landlords should look beyond the sunny skies of the here and now to the colder months. And here’s why. Summer is a good time to get your property […]
Reasons self-managing landlords are instructing agents
One of the latest reports into the private rented sector from the comparative service Uswitch states that 63% of private landlords who currently self-manage their property would consider switching to a letting agency or a property manager. Repairs and regulations The most common reason (32%) landlords give is so that they would no longer have […]
What Type of Landlord Are You – and Why?
It is always interesting to understand why somebody becomes a landlord in the private rented sector and there are generally four main reasons. The Accidental Landlord The ‘Accidental Landlord’ is quite common and as the name suggests, is somebody who doesn’t plan it, but it happens for various reasons. They may inherit a property that […]
What next for the private rented sector
As the year comes to an end it is always time for reflection and 2022 has brought its fair share to reflect upon. Another year of changing legislation for those in the private rented sector to keep abreast of. A time of uncertainty in the economic climate and a shifting political scene for those in […]