In the 1970s sitcom, Rising Damp, a number of individuals rented rooms from a bad tempered but laid back landlord with barely a contract between them. These days, Rigsby’s cavalier attitude toward being a landlord would most likely land him in hot water with both his tenants and the law as requirements for landlords continue to evolve and become more stringent.
It’s great to save some money by doing your own DIY, but there are some jobs that really should be left to the professionals. So what could you try yourself? Here are five DIY jobs you might want to take on, and five others to leave to the experts.
With margins on buy-to-let getting tighter, and agents threatening to ramp up their fees now that they can't charge as much to the tenant, many landlords will be gazing gloomily at their accounts and wondering whether it's time to do a bit more work and save a lot of money.
Whether you’ve been renting for many years or you’re planning on renting your first home, there are a number of things you need to be aware of. Here are five things that you might not know about renting.
Even the most enthusiastic DIY landlord will recognise that some bits of property maintenance are best left to the professionals, and gas is right at the top of that list. In fact, getting a professional to handle the gas safety in your rental property isn’t just a good idea – it’s also a legal requirement.
The Deregulation Act 2015 is a vast tract of legalese that clarified, modernised and generally cleaned up old, redundant or inadequate legislation. It covers everything from road racing and the sale of alcoholic chocolates to the management of child trust funds and the quantities in which you’re permitted to sell knitting yarn.
Of all the routine hazards present in housing, gas is one of the most notorious. Fortunately for both tenants and landlords, there are very clear and straightforward rules in place to make sure everyone’s kept safe.
Maybe you’re moving in with your other half, or maybe you can afford to get a new place without selling the old one. Whatever the reason, letting out your flat can be a great way to boost your income, but there are a few things worth knowing before you take the plunge and become a Landlord.
Landlords have many responsibilities, and providing a safe property for tenants to live in is right at the top of the list.
The restrictions on movement imposed last week were among the strictest ever seen in the UK, and unfortunately they were also quite vague. There has been a good deal of guidance issued, some of it conflicting, and landlords are understandably confused about how their maintenance obligations are affected.
In relation to domestic gas a Landlord is anyone who rents out a property that they own under a lease that is shorter than 7 years or under a licence (Gas Safety Regulations 1998)
What does Gas Safety Mean?
Gas Safety means that every appliance in rented accommodation must be checked by a registered and qualified engineer to ensure the appliance is safe for the Tenant to use.
For this weeks article on where to buy idyllic property we have returned to the home counties and what seems like a million miles from last weeks destination of Cornwall.
Becoming a landlord isn’t an easy decision. There are a lot of things you should do and a number of legal requirement you must perform. If you’re unsure of what they are and want to be sure you’re fulfilling all your legal obligations, it would be helpful if there was a handy checklist or post that includes all the information you need. Luckily, we’ve created just the thing to help ensure you’re doing everything you need to in order to conduct your business within the law. And, also, to provide a safe home for your tenants.
Finally, a piece of legislation that actually benefits landlords is coming into force!
Everyone wants the best quality workmanship, but no one wants to pay the highest rates. At the same time, no one wants to end up with a ‘cowboy builder’ either – having to replace everything they do wrong could easily end up being even more expensive!
One of the most exciting bits of letting out your flat or investing in a buy-to-let property is sitting down with your calculator and the rental estimates to work out how much money you might make.
A recent court case has highlighted the importance of serving gas safety certificates correctly. While things turned out in the landlord’s favour on this occasion, it shows how much of a headache these seemingly minor administrative duties can cause if landlords don’t carry them out to the letter.
Your tenant is likely to have an assured shorthold tenancy if; you are a private landlord, the tenancy began on or after 28th February 1997.
If you are looking for a rental property you’ve likely to be signing an assured shorthold tenancy (AST) agreement if; your landlord is a private landlord, if your tenancy began on or after 28th February 1997 or if the house or flat is let as separate accommodation and is your main home. There is several things you should consider before you sign this agreement.