Anti-social tenants can be a complete nightmare for landlords as not only do they cause issues in your properties but can also disrupt your business. Unfortunately, as a landlord you are somewhat responsible for your tenants’ behaviour, which means if they are upsetting those that live near them you will be expected to step in and help resolve the situation. However, this isn’t always easy due to the fact that tenants have certain rights and previously even if they were given an Anti-Social Behaviour Order (ASBO) nothing really changed.
However, this week the Anti-Social Behaviour, Crime and Policing Act 2014 came into effect in order to tackle the issue of both rogue tenants and those that are a nuisance to society. Many people have already welcomed this new order, but what does it mean for landlords? PropertyQuoteDirect investigates… (more…)
With the nights drawing in it’s becoming extremely tempting to stay indoors and sit in front of the TV, and who can blame you! Here at PropertyQuoteDirect we love a good night in, however there is one thing that will always make it that much better – a bundle of snacks! (more…)
This week it was announced that if the Bank of England’s new proposals go forward landlords may soon have to come up with forty per cent deposits in order to be given buy to let mortgages. Landlords are already struggling to expand their property portfolios due to the rising cost of property and if the Bank of England’s plans go ahead they could make matters worse.
This is why so many landlords are taking part in a new trend: ‘refurbish-to-let’. The idea is pretty simple: buy a rundown yet affordable property, refurbish it, and then let it out when it is in a better condition. However, before you rush out and start buying rundown properties you need to know what refurbish-to-let really consists of: (more…)
Over the past few years a number of tenant groups have claimed that the private rental sector needs to be better regulated in order to tackle the issue of rogue landlords. However, it’s not just rogue landlords that tenant groups want more help managing, but also landlords who do not take their responsibilities seriously but are not bad enough to be considered ‘rogue’. In order to decipher whether landlords are looking after their tenants properly they need to be properly reviewed, but is this possible? (more…)
No matter where you go this week you will hear people talking about the Scottish referendum, and next Thursday the people of Scotland will decide whether to stay within the UK. At the moment figures are showing a predominantly fifty-fifty split between ‘yes’ and ‘no’ votes although they have been fluctuating over the past few days. As there is no getting away from the Scottish referendum PropertyQuoteDirect has decided it would only be right to report on what could happen to the property markets both in the UK and Scotland should they become independent: (more…)
Now the kids have gone back to school it’s tempting to start thinking about winter, however the truth is we still have a few good weeks of weather left! This is why PropertyQuoteDirect has decided to give away a Marks and Spencer picnic rug and jug so you can make the most of the last few rays of sunshine.
The above question may strike some landlords as a bit strange, as generally it is not their job to help tenants save money. However, as the property and private rental markets are currently so unstable, working with your tenants could actually help improve your business and secure your income. At the end of the day, if your tenant falls into rent arrears then you are going to take a cut to your earnings and may even have to start the eviction process, which is why it is better for everyone if your tenants are financially secure. So here we explore how landlords can help their tenants save money: (more…)
Right now it seems as though no-one can really agree on what the government, Bank of England or Financial Conduct Authority (FCA) should do to prevent another housing bubble. With the economy starting to improve and the government creating new schemes such as Help to Buy, the UK property market has been booming over the past six months. However, a number of industry experts are concerned that the market is unsustainable and could even return to the state it was in during the recession if current trends continue. All this would suggest that the government are working towards fewer mortgages being approved, but is this really the case? (more…)
One of the best things about summer is that after a hard day’s work being a landlord (or anything else for that matter), you get to go home, relax in your garden and appreciate the sunshine. (more…)
A recent report published by the housing charity Shelter has shown that nearly half of all twenty to thirty four year olds are still living with their parents as they cannot afford to get onto the housing ladder. To make matters worse, this demographic is also struggling to afford current rent prices, meaning that we are seeing a generation of young people unable to leave home. As a landlord, you may think that this doesn’t affect you, however helping young people find homes can be extremely beneficial for both parties… (more…)