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 […]
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 […]
Hotel owners around the globe are concerned over a new trend in the holiday industry where instead of staying in a hotel, individuals rent out properties in popular cities such as Paris, London and Barcelona. In fact, you may have recently seen adverts on the TV for companies such as Airbnb which specialise in finding holidaymakers homes to stay in during their journeys. As a landlord, these types of services could help you expand your business and even make money during what may have previously […]
Rogue landlords are generally in the news as they are causing a number of issues in the private rental sector. However, this week we have seen even more reports than usual on rogue landlords as political leaders are discussing what changes they would implement if they came into power after the General Election. Here, PropertyQuoteDirect looks at the reasons why rogue landlords have been back in the news this week and what this means for the private rental sector:
The welfare reforms have been discussed at length in the news recently, mainly due to the fact that they are affecting thousands of people across the UK. The coalition government claim that the whole point of the welfare reforms is to make the benefit system fairer, however a number of schemes have already put some people in danger of losing their homes. Here, PropertyQuoteDirect looks at the issue in further detail:
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 […]
As a landlord, you’re probably kept pretty busy dealing with repairs, difficult tenants and property purchases so you don’t need to deal with problem letting agents too. If you pay a letting agent to look after your property, then they should be working in your interests.
It is every landlord’s nightmare: a previously reliable tenant fails to pay their rent on time. This can leave landlords struggling to meet their mortgage repayments, and causes a huge amount of stress. Most landlords will have to deal with arrears at some stage, with around 9% of rent unpaid or late.
Rising rents are good news for landlords who want to grow their business, but combined with relatively high unemployment and growth in inflation outstripping growth in wages, they can mean that tenants struggle to […]