Getting your home ready to let can feel like a big step. As a prospective landlord, you should already have permission from your mortgage lender and, of course, worked out the costs to ensure that you can earn a profit from renting out your property. All that is left is […]
We are confident that your place of residence has been your safe haven for many of you reading this throughout the challenging few months we have endured as of late. Whether you are with your family in a large, rural home or are in a smaller flat in a central […]
Tuition fees aside, one of the biggest costs’ students will face during their time at university is the cost of their accommodation. Many students feel like their student homes are poor value for money. This is something that is very dependent on the landlord’s actions and choices. As a landlord, […]
In identifying ways to cover the considerable costs brought about by the pandemic of 2020, Chancellor Rishi Sunak has suggested a substantial raise in the amount of tax levied on capital gains. Higher-rate taxpayers will be amongst those who are hit hardest, if this report is to come to fruition. […]
Few renovation jobs are quite as messy, time-consuming or disruptive than a full rewire. The electrical system within your home is complex, operating on several different circuits around the home. That is why sometimes when a light bulb goes, you will still find rooms of the house with power. Your […]
How property owners are becoming landlords and tenants to upsize their home. By Richard O’Neill, Managing Director, Lettings at Romans, an LRG company. You’ve heard of the buy-to-let market. By now, you’ve probably heard of rent-to-rent, but have you heard of another growing housing trend: let-to-let? It’s seeing homeowners become […]
A growing number of landlords and investors are using bridging finance in order to upgrade their assets and maximise the value of their properties during an unpredictable lockdown and covid-19 pandemic. Whilst landlords are typically renting out their flats and homes to students, professionals and businesses, they are faced with […]
Two recent court cases have made it clear that landlords who refuse to accept potential tenants solely because they are on benefits are, at best, on very shaky legal ground. In both cases, the judges ruled that refusing the applicants was indirect discrimination under the Equality Act 2010. Landlords should […]
Becoming a landlord can be extremely lucrative if done correctly and is an attractive option for many people both as a career option and as a way to make additional income on top of what they already earn. Despite the popularity there are a number of aspects that many first […]
A question I am sometimes asked is ‘what is Net Yield and how does that differ from Gross Yield?’. In an earlier post we thought about gross yield which is expressed mathematically as the rent divided by the purchase price, or the value, times 100. It provides a very basic […]
