One of the most important things that a Landlord should do, outside of what is legally required, is to ensure a full inventory of the property is conducted before and after each tenant moves in/out of the property.
Tenants with pets are finding themselves increasingly disadvantaged in the rental market. A recent article from the Guardian found that many landlords are now charging ‘pet rent’ of up to £50 per month – sometimes for each individual pet. This can make it much more expensive to rent a home, but why has it started happening, and what are the alternatives?
An independent survey from the National Residential Landlords Association (NRLA) has shown that the vast majority of tenants have kept paying their rent as normal since the start of the coronavirus pandemic.
The Chancellor, in the Budget, announced changes to the Rent-a-Room tax relief system. According to the Treasury, “This measure will increase the level of Rent a Room relief, which provides for tax-free income that can be received from renting out a room or rooms in an individual’s only or main residential property, from £4,250 to £7,500 per year.
Rental prices have been rocketing in London, and they have now reached an all-time record – which is not good news for tenants desperate for a place to live. But why are rents going up so much? And will they keep on rising or is there an end in sight? Here's a look at what's going on.
The week between Christmas and New Year is when our rented home can look messier than ever – thanks to all that Christmas wrapping paper lying around and the extra toiletries we’ve accumulated over the festive period in the form of gifts.
Millennials are now spending a large portion of their monthly budgets on their rent. New research has found that Millennials (the 22 to 37 age group), are spending more than ever on their rents, but that a lot of this is down to personal choice and the desire to live in better locations.
A big change has just come into effect for landlords across England with the introduction of the new 'Right to Rent' rules.
Many landlords use the services of letting agents to find tenants, and this is certainly the easiest option.
Another day and yet another call for more affordable housing in England’s capital city. This time, the call comes in the form of new research conducted by Loughborough university that shows 41% of Londoners don't earn enough money to keep up a good standard of living.
The 'Bank of Mum and Dad' has long been relied upon by young homebuyers unable to get on the property ladder because they cannot save up a large deposit.
Now that the Tenant Fees ban is in place, recent rental market reports have shown average rents are on the rise. UK rents rise and fall for a variety of reasons and right now, it’s possible that a number of reasons are at play. However, according to ARLA Propertymark, the new Bill is the main culprit behind rising rents in May.
The age old question of whether to rent a property or to take out a mortgage is even more relevant today than at any time in the past fifty years. The traditional view, that a mountain of debt could win a capital windfall over a twenty-five year term, has suffered during the last decade.
If you are a landlord and you operate legally and responsibly, you will probably never have to worry about rent repayment orders (RRO). But it is important to understand what they are so you can avoid them in the first place, so here’s a guide to what you need to know.
In a matter of weeks, the Coronavirus pandemic has spread to every corner of the world, and the UK has just announced a complete shut-down. While no one knows how long the situation will last, one thing is clear: the economic hit will be significant.
Recent surveys and studies have shown that private renters have fared much worse financially during the coronavirus crisis than their homeowning counterparts.
New research has revealed that on a monthly basis it's now cheaper to rent a home in the UK than it is to buy one. This represents a significant shift from early 2020, and is the first time in five years that it's been the case.
A June 2021 report from international estate agents, Hamptons, attributes this shift directly to the knock-on effects of the pandemic.
Whilst the ideal for many people would be to buy their own property before the arrival of children, this isn’t always possible.
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.
If you're planning on renting a property this year, what do rental prices have in store? Unfortunately, it's not great news.
According to a leading property investment firm, rents are set to rise at a faster rate in 2017 compared to last year. Here's what you need to know.