To the uninitiated, being a landlord might sound like a lucrative gig. Earning semi-passive income in rent sounds amazing, right? However, if you’re considering getting into the property market and being a landlord, there are a lot of expenses to consider. Mortgage and repair costs are a given, but what […]
The term ‘Generation Rent’ has long been used throughout both the rental and sales markets, developing many connotations over the years. Typically referring to young adults aged between 18-40, Generation Rent is used to describe those who have been priced out of the property market, which is becoming increasingly common. […]
With the pandemic causing a surge in demand for properties with gardens across the UK, data from experts at Paving Direct shows having a garden adds 25% more to the average letting price. According to the data, the most expensive gardens in the UK are in Bath where their backyards add over […]
It’s smart to be safe A responsible landlord will want to help ensure the safety and security of their tenants. Even if your property is situated in a safe area, a home security system can provide peace of mind to a renter that their belongings are protected. This makes your […]
Property investment is a business and property investors are effectively business managers. They may not have direct staff but they will have tenants and those tenants need to be managed. Part of tenant management is dealing with landlord/tenant disputes. How exactly should landlords deal with tenant disputes? The causes of […]
Smart technology is a relatively new innovation that makes people’s lives easier through advanced processes. And through the years, it’s been growing in popularity. The global market for smart home technology is expected to reach £114 billion by 2024, according to UK Tech News. That’s a huge leap from a […]
The private rental sector is like any other business sector, in that it is dictated by supply and demand. Some areas are more popular than others, with current stats suggesting Manchester is the number one city for landlords, closely followed by Cambridge and London. At first glance, new landlords probably […]
With the financial uncertainties brought by COVID-19 on top of the loss of tax relief on mortgage interest for landlords, planning is needed to maximise buy-to-let profits more than ever in 2021. House price growth in 2020 to 2025 will be lower than it was in the proceeding five year […]
Since 1st April this year, all tenancies in England have been covered by the Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020. As the name suggests, the regulations set out electrical safety requirements for private sector landlords. The regulations apply to all standard tenancies Schedule 1 of […]
What investors need to know about residential buy-to-let laws in 2021 At present, 2021 is still very much a case of “watch this space”. That said, some law-changes look close to guaranteed to be implemented. Here is what you need to know. Eviction ban extended until the end of March […]
