Tag Archives: Advice for Landlords

Help and Advice for Landlords

Landlord Advice – As is the case in most ventures, help and advice from within the trade or profession one has earmarked to make a living in, can be invaluable. Although it is inevitable that stepping into a new project is bound to be fraught with anxieties and tensions, inside knowledge can help you avoid many pitfalls and so save both time and energy, not to mention money.
This applies to the prospective residential landlord as much as any other business. From the very outset there […]

Squatters: what you need to know

Squatting is now a criminal offence in residential properties following a change in the law last year. But that doesn’t mean that it is necessarily any easier than it was to remove squatters. Landlords need to be aware that there is still a risk that their property will be squatted.

A Landlord’s Guide to Saving

A Landlord’s Guide to Saving – The other week it was reported that landlords need to make sure they have a contingency plan when it comes to their business, especially as the rental market is constantly changing. Even though it’s relatively easy to make a profit now, there is always the chance that something could go wrong, which is why it is so important to have some extra cash that can help. So here is our guide to saving and how it can be done […]

Creating a Checklist for your Properties

As a landlord you need to be organised so that you can keep on top of maintaining your properties and make sure that your business is running as smoothly as possible. The problem is that if you have a large property portfolio you will find that something is constantly going wrong in at least one of your properties, and if you don’t make a note of it you could soon become confused as to what property needs what maintenance! So here is a way to […]

Hit the beach…

Landlords should invest in Britain’s coastal beach cities for the best returns. That’s according to new figures from HSBC.
Coastal cities often have plenty of cheap property. At the same time, rents are often relatively high. This may be because they often have young and transient populations who are keen to rent, but not to buy.

Protecting yourself against Rent Arrears

Protecting yourself against Rent Arrears – There has been a lot of concern recently from landlords and political figures over the amount of people in the UK who are in danger of falling into rent arrears. Already there have been reports that the number of people who have missed two or more rent payments has increased by a substantial amount in the first quarter of this year alone, so what do you do if you are concerned about your tenants falling into rent arrears?

Benefit cap trial begins

The government’s much-talked about benefit cap is being trialled from this week in parts of London. From Monday 15th April, people receiving benefits in Haringey, Ealing, Croydon and Bromley have had them capped at £500 a week, or £350 for a single person.
Those receiving benefits at above those amounts are likely to be living in areas where rents are high. A large part of their benefits will housing benefit. If someone is over the cap, it is their housing benefit that will be reduced.
That means […]

Pests and your Properties

Property Pests – There is nothing worse than finding out that one of your properties has become subject to a pest infestation, especially as it means that not only will you have to organise removing them but potentially also move your tenants out of the property until the pests are gone. Often pests can be dealt with easily, but there are ways to prevent them in the first place. Here we look at what you need to know about pests in your properties:

Landlords face HMRC crackdown

Landlords face HMRC crackdown
Landlords are being warned that the HMRC are looking to crack down on those who don’t pay enough tax. It’s easy even for conscientious landlords to sometimes fail to pay their dues, especially as tax affairs can complex and difficult to manage. But with HMRC targeting landlords now is a good time to make sure you’re paying enough.

Problems with sub-letting

sub-letting – As a landlord, how much do you really know about what your tenants get up to in your property? It can be hard to keep track, especially if you have several properties to look after. It can be surprisingly easy for tenants to sub-let your property to others without you knowing. According to research by tenant eviction service Landlord Assist, the problem of subletting is increasing.