With a booming generation of renters, more and more of us feel the everyday frustration of not being able to make our house truly our home.
Love your rented property but wish it was a bit more ‘green’? We don’t mean in terms of colour, but rather eco-wise. Granted because the property belongs to someone else you won’t be looking to install expensive measures such as a wood burner or upgrade the heating system.
You might have seen that infographic about the UK rental situation doing the rounds on social media the other week. The authors of the book it was taken from have a very definite stance on what they see as the inequality of the private rental market, but whether or not you agree with them, there are some alarming figures in there.
The current global outbreak of Coronavirus is a serious danger to health – and even life – but it’s also hit many people’s finances incredibly hard. Huge numbers of businesses have been forced to shut their doors in efforts to contain the spread of the virus, and while this is hopefully just a temporary measure, it does mean a lot of employers can’t afford to pay wages at the moment (sometimes including their own).
Most tenancies these days are assured shorthold tenancies, which come with various rights and responsibilities for both the landlord and the tenant. Another form of agreement, however, is an assured tenancy. These are less common, and tend to have been entered into back in the 90s before assured shorthold tenancies were the norm.
The last month of summer before many families return to work and school as normal after the Covid interruption. However, there has also been plenty of property news circling throughout this month to cast your eye over that we have covered including the following:
Landlords are gearing up for changes to energy efficiency laws for rented properties which should see their tenants’ utility bills cut.
As most landlords know, the regulations regarding Smoke Alarms changed in October 2015.
Buy-to-let property investment has always been a popular choice for those who would rather have tangible-real world assets that they can control and preserve themselves than shares in an unpredictable stock market. However, no investment is fool-proof, and you need to work to build and protect your buy-to-let nest egg. The following tips may help you do just that.
The New Year often brings lots of exciting changes and resolutions including looking for your perfect home. After the Christmas rush, January can be a great time to snap up a rented property. However, there are lots of things to consider before leaping in feet first.
It’s a time of year most of us look forward to with great glee – we’re off work after all and we’ll get to spend more time with friends and family (or even just in front of our favourite box set).
Energy Performance Certificates (EPCs) were introduced in October 2008, and since then they have been an essential document for landlords and tenants.
After purchasing your buy-to-let property, there’s still the issue of turning that investment into profit.
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.
The key to keeping minor disputes between landlords and tenants form becoming real problems is knowing what the law demands of each, and what the exact terms of the contact that binds them are.
When it comes to renting a home, as a tenant there’s quite a lot to think about. Of course, you need to consider the property itself, where its located, its size and state of repair. However, in order to ensure you’re in the best position to secure the right rental home when it comes along, another key detail to be on top of is your credit rating.
The coronavirus pandemic has seen a lot of negotiation between landlords and tenants over rent payments. While a recent survey from the National Residential Landlords Association (NRLA) suggested that most tenants have continued to pay their rent in full since March, it also showed that a significant percentage of people have arranged rent holidays or reductions to mitigate the financial impact of lockdown.
Gah, there is nothing worse than a terrible flatmate. From unpaid bills, to toenail clippings all over the place, fridge thieves and bad body odour, who you live with can make a real impact.
Tenants should always read, review & sign an inventory renting a property from a Landlord or Agent. The inventory should be conducted before & after each tenant moves in/out of the property.