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Utilities being cut off – It’s a phenomenon that many of us will have considered, but few have actually had this happen to them. Many months of unpaid bills; letters from water companies, then suddenly a call from your tenants saying they have no water. Having your water cut off can be more than just a nuisance. What can you do to rectify the situation where tenants are not paying their bills?
When viewing a property, it’s essential that you ask the right questions. Make sure you’re in the right frame of mind for the visit and are alert, this is a huge investment and mistakes will be costly.
Even though we are now officially out of recession people are still seeing the side effects from the last few years and budgets are still tight. This means many are trying to find ways of making extra income to live a little more comfortable. One of the ways people have been doing this is to take on lodgers in their properties. This means that they then become “live in landlords”.
Spareroom, who are a website which offers letting of single rooms have conducted a survey and […]
With the UK property market struggling and mortgages difficult to come by, buying a property overseas to rent out might seem like the perfect way to own a home and to make some income. It can be, but like anything in life, it has its risks. To do well in the overseas property market, you need to put in some careful planning and calculation, rather than getting carried away with the romance of owning your own little piece of paradise.
Why would anyone buy a house on a flood plain?
The recent downpour has caused severe flooding in many parts of the West and South West of England, and many people asking may very well ask the question: ‘why would you buy a house in an area you know is prone to flooding?’ Surely the knowledge of flood history (easily obtained) would put off any buyer in their right mind, especially considering that property prices are not much reduced as well as the fact that many […]
housing crisis – The Planning Minister Nick Boles has stipulated that there needs to be more development of open land to ease the housing shortage. To construct on a further 2-3% of English land would put an end to the housing problem for some time to come.
Winter is coming and we’ve been warned of yet another price hike in our energy bills, so here’s our Energy Saving Tips. We’ve thought of just a few ways in which you can dramatically increase your home’s energy efficiency and save money in the long term. A lot of this may be intuitive but there should be some useful tips here. This may be especially important too, if you’ve got tenants with an all-inclusive contract.
5 – Cooking
Cooking uses a lot of energy especially if you’re […]
What do squatter eviction laws mean for landlords?
The worry of potential squatters in vacant properties has led to much window and door locking, making sure no trespassers enter your house and cause havoc. Legal loopholes have led to landlords and various interest groups voicing their discontent and pushing for change. It’s been a long time coming but maybe the new legislation will finally end some landlord woes.
In the past
For years it has been the case that squatters could appropriate a property if it had been […]
Homes and Gardens – When you become a landlord, your main concern is the bricks and mortar you are letting out. That’s unsurprising – that’s the main concern of tenants too. Outside space can often be a neglected afterthought, but it shouldn’t necessarily be that way. Outside space can add more value to your property than you might think, but it can also reduce its value and cause problems for tenants and neighbours if neglected.
Gardens as assets
A garden should be seen as an asset to […]
The top 5 things that devalue your house – We know that adding value to your home is best done by adding floor space via conversions, but how is your home devalued most. Where should you spend that cash to make sure you don’t lose out on a best price? These are the top five ways to not splash your cash meaninglessly, instead, tastefully adding value to your home. Remember, not everyone will have the same tastes as you. For certain repair work, you may […]