Insurance review

As a landlord, it’s vital that you have the right insurance that covers you and your property against both the common risks that come with any home, and the risks associated with letting to tenants.

All landlord policies come with a certain level of ‘standard’ cover, then there are additional policies you can take out. Some may already be included, but it’s important to check, to make sure you’re covered properly for your particular type of let.

Read more ...
Client Money Protection – upcoming changes and why they matter

Client Money Protection (CMP) is an insurance policy taken out by letting agents to protect the monies they handle on behalf of their landlords and tenants. If your agent has CMP, it means that if they go out of business or someone runs off with your rent or the funds are held for maintenance, you don’t lose out financially.

Read more ...
What will the ‘Fitness for Habitation’ Bill mean for landlords?

In January, Karen Buck, Labour MP for Westminster North, introduced a Bill into parliament that seeks to modernise the current system governing a rented property’s fitness for habitation, which has remained unchanged since the 1950s. Where a landlord fails to let and maintain a property that is considered fit for human habitation, the Bill would give tenants a right to take action in the courts, without requiring them to first approach their local authority.

Read more ...
Time for an annual portfolio review?

With the new portfolio lending criteria that came into effect last October, it’s more important than ever to make sure you carry out a review of your property investments at least once a year, to check how they’re performing and whether your capital is still in the best place, working as you want and need it to.

Read more ...
Who can legally let and manage a property

Because housing policy in the UK has been devolved to the governments of each country, we are in a situation where England, Wales, Scotland and Northern Ireland have different rules on who can legally let and manage a property.

Read more ...
2018 blusters its way in!

With Dylan hitting us on new  year’s eve and Eleanor reaching the UK mainland on 3rd January, we’ve had a stormy end to the festive season. Wind is one of the most damaging elements as far as properties are concerned, so it’s important that, as the bad weather passes, you check your buy to lets to make sure they are intact and watertight – especially as we still have notoriously windy March to come.

Read more ...