What The Budget Means for the Property Market
With PM Keir Starmer warning it would be painful, the new government’s first Budget has been hotly awaited for some weeks now. In this article, we’ll look at what the Chancellor of the Exchequer, Rachel Reeves, announced – paying specific attention to what will affect the property market. The Chancellor started by giving forecasts which […]
What to Avoid as a First-Time Landlord
Despite overblown media reports of a wave of landlords selling up due to regulation changes and new government policies, property remains a viable long-term investment for many. For first-time landlords, however, common pitfalls can turn a promising venture into a stressful experience. Avoid these six mistakes to ensure your property investment journey gets off to […]
Why Many Local Landlords Are Holding Firm – Despite the Doom-Mongers
Are landlords leaving the market in droves, as some experts claim? Or are reports of an exodus exaggerated? Let’s look beyond the hype to find out what’s going on. You may have seen a flurry of headlines lately saying that landlords are leaving the rental sector en masse. Is it true? Well, data released last […]
10 Ways a Great Letting Agent Helps Landlords and Tenants
A good letting agent can make a world of difference for both landlords and tenants. Here are ten things a top-notch letting agent does to provide outstanding service: 1. Tenant Vetting and Screening A reliable letting agent conducts tenant screening (often called referencing) to ensure potential tenants are compatible with the financial obligations and responsibilities […]
Common Rental Terms Every Renter Needs to Know
Lettings terminology can be confusing, especially if you’re new to renting. So, here’s a jargon-busting list of commonly used rental terms to help you navigate the lettings market*. Agent An agent is a person who acts on behalf of the property owner (i.e. the landlord). Agents can be involved in letting activities such as finding […]
Seven Simple Steps for Tenants to Combat Mould and Condensation
Condensation is common in UK homes, but you can take some simple steps to combat it before it becomes a problem. We’ve come up with seven quick fixes that can dramatically reduce the risk of condensation, ensuring your home stays fresh and clean. Adopting these simple measures can play a crucial role in maintaining a […]
Bright Ideas: Boost Your Mood and Your Home’s Appeal with Natural Light
Who doesn’t love it when the sun’s out? Well, apart from vampires, mushrooms and raincoat makers. But seriously, natural light, especially sunlight, has significant mood-enhancing effects on our minds and homes. For homeowners and residents, understanding how to harness this natural marvel in home design isn’t just about aesthetics but also a step towards a […]
How to Spot the Signs of Illegal Subletting
Did you know that one in ten tenants admit to illegally subletting their rental property*? The practice is even more common among young people; in a recent survey, 25% of tenants aged 18 to 24 confessed to secretly subletting all or part of their rental. So why should landlords be concerned about illegal subletting? After […]
Renters Reform Bill: An Update for Landlords
After years in the making, it looks like the Renters Reform Bill – the biggest shake-up of the private rental sector in decades – will become a reality in 2024. So, how much do you know about this wide-reaching set of proposals, and are you ready for them? Be prepared Perhaps you’ve read a few […]
Keep It Formal – Why You Should Maintain a Professional Relationship with Tenants
As a landlord, it’s important to build a good relationship with tenants. You want them to feel comfortable in their new home and to care for it, pay rent on time and generally have a successful tenancy period. But what makes a good relationship? Unless you’re renting a property out to friends or family, it’s […]