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 […]
Minimum bedroom size, mandatory licensing and personal checks
If you currently own a property that is let to multiple occupants you are going to need know about the changes that could soon be coming your way including minimum bedroom size requirements, mandatory licensing and personal checks on yourself. So, let’s get started!
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 […]
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 […]
(Update: Read PropertyQuoteDirect’s campaign to Change the Face of Landlords during the General Election)
Unless you’ve been living under a rock you will know that the General Election is just a few months’ away, with political leaders already publicising their plans for the property and private rental sectors in the future. However, this General Election is proving very difficult to predict as this time around there are more parties vying for leadership than ever, which means that landlords need to start preparing themselves for what could […]
As more and more people are relying on the private rental sector regulators have been campaigning for tenants to have better rights so that they can build a home and a life. The fact that tenants can be given six or twelve months’ notice to vacate their properties at any given time means that they often struggle to plan for the future, which is why a think tank has recently claimed that they should be allowed to ‘rent for life’. But what does this mean […]
Protecting your Property Portfolio in 2015 – 2014 has been an interesting years for landlords, as regardless of the types of properties you let you will likely have been hit by changes in the industry. One of the biggest talking points of 2014 was the national housing crisis which has yet to subside despite the government’s efforts. In order to make the private rental sector both fairer and more affordable a number of new regulations came into effect during the past twelve months, so how […]
Should the State be responsible for Building new Properties?
Today the Chancellor of the Exchequer George Osborne will potentially address the public for the last time to announce his Autumn Statement. However, even though the Chancellor has yet to officially announce his plans as well as the current condition of the UK economy there have already been rumours concerning his statement. This has prompted other MPs to voice their opinions on how the UK can improve, with Danny Alexander – Chief Secretary to the Treasury – […]
Preparing your Properties for Winter – During the coldest months of the year temperatures can reach lows of -10⁰C at night in some parts on the UK, so it’s no wonder why you need to spend more time looking after your home during winter. As you increase the heat inside your home and cosy up in front of a warm fire you must not forget to think about other parts of your home and the potential damage that could be caused. In a previous blog […]
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 […]