Keeping good tenants in your rental property is essential for maintaining a stable income and avoiding costly turnover expenses. Tenants move out of their current rental due to various reasons. As a landlord, some of these reasons are out of your control, while others can be managed.
As a landlord or agent, it is essential to keep track of all the maintenance work carried out on your rental properties. This is not only important for keeping the property in good condition but also for ensuring that you comply with the UK Deregulation Act 2015.
All landlords know the value of a good, long-term tenant. It means less turnover on the property, void periods, wear & tear, less stress, more profit and a well looked after investment. How do you find this perfect person though? The answer lies in targeted marketing…
The speed at which a tenant can be moved into a property depends on various factors, such as the current state of the property, the readiness of the tenant, and the efficiency of the agent. However, in general, an agent can move a tenant into a property relatively quickly, often within a matter of weeks.
With demand for private rental properties at an all time high, there are often multiple applicants all wanting the same property. As a landlord, how do you compare them and decide which to choose?
In the UK, we have a robust legal framework that regulates the relationship between landlords and tenants. However, the law alone is not enough to protect both parties from potential risks and challenges. One of the most effective ways to safeguard against potential problems is to conduct tenant referencing before a tenancy starts.
The rent is coming in on time, no maintenance issues have been reported, neighbours haven't complained about anything and everything seems fine- so as a Landlord, why do I need to visit the property mid way through the tenancy or pay an agent to do so on my behalf?
How often do you switch bank accounts? Or dentists? Or even hairdressers? I expect it's not that often. It is the same for estate agents. Either way, it's possible to change if you are feeling underwhelmed, disappointed or disheartened with the experience and it doesn't meet expectations.
When it comes to renting a property, tenants have specific expectations and requirements that they look for in a potential rental. Here are some of the most important factors that tenants consider when searching for a rental property:
A tenant requesting to leave before the end of the tenancy can cause unexpected stress. In this article we will share some suggestions of what can be done in this situation.
If you're thinking of investing in property or already a landlord, you may have come across the term yield before. But what does it actually mean and what is considered a good yield?
The development opportunity includes a conversion with extension to an 'L Shape' making a large 2 bedroom home. That will then be attached to a 2 bed semi detached home, which once re sold would have a value of around £450,000. The original building, once converted has an estimated value of £700,000 subject to quality of finish.