Tag Archives: Landlords Insurance

Landlords waiting more than five months to regain their property.

 
Recent figures from the Ministry of Justice show that private landlords are having to wait an average of over five months to regain possession of a property when applying to the courts. While it can be costly to evict a tenant, it should always be a last resort. It can be costly in time, money and effort.
The Residential Landlord Association is warning that the Government’s move to develop longer tenancies will fail without urgent court reforms to ensure landlord can quickly regain possession of a […]

Credit Unions, the new banks?

Credit Unions, the new banks?
Landlords, in common with the majority of the population, are viewing the coming budget with trepidation. Apart from the feared cuts and tax hikes that will affect all the population, the residential landlord is steeling himself for the announcement of a massive rise in Capital Gains Tax. What better time then, for the average landlord to appraise his financial situation and spend some time looking at different areas where he can ease his financial situation.
First of all he can look at […]

Retirement age to go up

Retirement age to go up
It is no secret that one of the main reasons behind the upsurge in buy to let residential landlords has been the uncertainties in financial matters over the last 10 years. Earlier in the century, many contributors to orthodox pension schemes saw their predicted pension incomes slashed while others saw theirs disappear altogether in stock market crashes after 9/11. Then more recently the bank crisis and recession have had a similar effect, with more people than ever before becoming nervous of […]

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 […]

Preparing your rental property for flooding

 
With the risk of flooding being very real for many at the moment, it is important as a landlord that you have done all you can to protect your investment as well as your tenants. This is why PropertyQuoteDirect has put together a guide on the best ways of ensuring you are as well prepared for the floods as possible.
Obviously, the main point of flood proofing is to keep water out or at least as much as you can. If your properties are flooded then […]

Time for Change in January

 
Time for Change in January – The New Year tends to bring change for many people, including where they live. Whether they are buying a property or looking for a new property to rent, there are many reasons for ensuring that if you are looking to sell a property, or you need to find a new tenant, that it will attract as much interest as possible. After all, the more people that want your property the more money you will be able to make!
The best […]

Understanding a Buy-to-Let Mortgage

 
Understanding a Buy-to-Let Mortgage – With generation rent well and truly here those who have some money and want to invest may be looking to the property market. However, if you have never thought about it before it can be a little daunting knowing where to start, so here is a guide to a better understanding of what a buy to let mortgage is. At least then that is one less thing you have to worry about.
First things first, with the competition high for rental […]

Summer and the Property Market

 
Summer and the Property Market – With the summer months behind us and autumn on its way, although the weather tells a different story, it is a good time to look back at what happened to the property market in what should have been the quietest months of the year.
House Prices
During July and August there was a 0.4% rise in house prices which is showing that the property market is in the best state is has been in since 2007. It seems that the sunshine […]

Decorating your Rental Property

 
Last month we spoke about whether you should furnish your investment property or not. This month there seems to be some new light on the discounts customers actually think they are receiving on their furniture.
Bank Holiday Weekend
With the bank holiday weekend very nearly here, there are only two things that can be expected here in Britain, rain and a huge sale in almost every major furniture store that is on the high street. Well it seems that this bank holiday is about to change up […]

Letting a Property Furnished or Unfurnished?

 
Letting a Property Furnished or Unfurnished?
With a very competitive rental market at the moment you want to make sure that your property has the edge on others in the same area. Many landlords do this by furnishing the property so it is an easy move, especially for those who are moving out of their family home. It means that they don’t have to worry about saving extra money for furniture as it is already going to be supplied. Often furnished properties find tenants quicker because […]