At Ezylet, we believe the best way for private lettings to work is openly and clearly. We want our clients to know exactly what they can expect to pay, and what they’re paying for. That’s why we’ve created this short guide to rental fees, so you’ll know what fees you can when renting a new property.
At the end of a tenancy, some elements of your property may not be in the shape they were at the start.
Buying a house comes with a lot of expenses beyond the cost of the property itself. These often catch out property buyers who receive a shock when they find out how much extra they will need to buy their dream home.
According to Companies House, approximately 118 lettings agencies go bust across the UK every week.
When it comes to buying a new home, there are so many details to arrange, phone calls to make and nerves to settle. And, for all that it’s exciting to open the front door of your new home for the first time, the path to that point can be fraught and stressful. One reason for that stress is because until you exchange contracts, no one is legally bound to complete the transaction. That means anyone’s property purchase can fall-through until very late on in the process.
Buying a new property is an exciting and stressful procedure, and this is doubly true the first time you do it. It makes a huge difference if you’ve got a decent idea of what to expect. Check out our guide to the basic processes and timescales.
Research by Nationwide Building Society shows half of students in the UK lose their rental deposits, with an average of £150 being lost in this way. Eight in ten of the 1,000 students surveyed by Nationwide also believed their deposit was held unfairly by their landlord.1
Buying your first home remains a rite of passage for many Britons, despite the high price of property in the UK. But, buying a home and securing a mortgage requires a number of things, including an often hefty deposit.
If you’re in a position to be able to assist your child or children to buy their first home, as property prices rise ever further out of reach of first-time buyers, you and your kid are in an enviable position. But, there are a few options out there and numerous potential pitfalls you’re all better off trying to avoid! At Ezylet we have some experience of the bank of mum and dad and thought we would share our knowledge with you.
Searching for a rental home can be fun and exciting. But, there’s also quite a lot to consider and get right to ensure you enjoy living in your new rental home.
You’ve been searching for your dream house for weeks or even months, and you’ve finally found it. Great! Now there’s just the small issue of making an offer …
The UK Government has overturned a decision about the maximum deposit landlords can charge renters. Previously, the new tenants’ fees ban Bill, which is still being finalised, had stated that the maximum deposit private landlords could charge was 6 weeks. However, Housing Secretary James Brokenshire won an internal parliamentary battle to reduce that to 5 weeks.
The latest amendments to the incoming Tenant Fees Ban Bill include a detail that will be of interest to tenants across the UK. Earlier this month, Housing Minister James Brokenshire successfully argued that the tenant deposit cap should be reduced to five weeks, from the previously agreed six weeks.
In many parts of the UK, the rental property market is pretty fierce. Demand is outstripping supply, rents are rising and properties are coming off the market within days of being advertised. In this busy period for landlords and estate agents, one way to ensure a prospective tenant is serious, is to request a holding deposit.
Buying investment property in order to reap the rewards of monthly rent - it seems these days everybody’s at it, so it must be easy right? Not quite.
Buy To Let can be extremely profitable but it’s important that you know what’s involved before taking the plunge. As many people have discovered to their detriment, being a landlord is not for everyone and, for a first timer, the process can be time-consuming, expensive and frustrating. Don’t panic just yet though, we’ve put together the following guide to ease you into the complex world of Buy To Let.
Whenever a tenant moves into a property, one of the biggest issues is coming up with the deposit. Landlords require a deposit to cover any damage caused by the tenant or to cover unpaid rent. With a deposit, the landlord gets some security, and the tenant usually takes care of the property because they want their deposit back.
When tenants enter into an agreement to rent a property for a fixed term – usually anywhere from 6-to-18 months, they typically do so with 100% intention to remain in that property for that period of time, at the least. However, life happens and circumstances can change which sometimes means a tenant can no longer honour the original fixed term agreement.
As the UK’s letting fees ban Bill is set to become law on June 1st, more landlords and lettings agents are considering the effect it will have on them and what changes they must make to be compliant. The new Bill will put an end to additional charges made by lettings agents to tenants, for things including reference checks and administration charges for contract renewals.
Halifax data shows that despite still rising house prices, the number of first-time buyers in the UK is at a 12-year high. However, there are sure to be many would-be first timers who are wondering how exactly how that can be.
While having an adequate deposit is, of course, a key detail for those hoping to grab the first rung on the UK’s property ladder, there are other tips and ways to secure your first home and enjoy the security of owning your own property.
Renting as a student can be a daunting experience if you don’t know how the accommodation system works, or are unsure whether you should start looking for the best place to live now.