As one of the fastest growing cities in the UK, Leeds is a diverse and dynamic destination for students and young professionals alike. With the fourth largest student population and the fourth largest urban economy in the UK, it truly is the beating heart of West Yorkshire.
Whether you’re renting for the first time or for the thirteenth time there are always multiple costs involved that need to be considered.
Recently published statistics have found that there are up to 26 deaths and 670 injuries every year in the UK that relates to house fires. With this in mind during 2015 the UK Government put in place legislation to protect the lives of the tenants as well as the property that they live in.
We know that landlords are always looking to keep tenant turnover as low as possible, and a comfortable, inviting home is key to making tenants stay put. While some landlords may feel that their responsibility ends at the letter of the law, it’s clear that property owners who go the extra mile stand to benefit from increased occupation, reduced void periods and a better landlord-tenant relationship - and ultimately, increased profits.
Right to rent checks, introduced on 1st February this year following a pilot scheme in the West Midlands, have now been in force across England for several months.
Sharing a house with friends as a student can be brilliant fun. Sharing with other young professionals in the first few years after graduation can also be great fun, but as life starts to get more serious, so can your house-share.
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.
When it comes to letting your property out to students, there are two major aspects that immediately spring to mind. One is that the potential rental yield is good, due to the typical rent per room system. But, student properties are often subject to significant wear-and-tear, largely because your tenants tend to be young and require fully-furnished accommodation, which means there are more items for you to replace and update.
The number of UK residential property repossessions in the first quarter of 2016 fell to a record low of 2,100 out of some 11.1 million mortgages that are currently in existence, data from the Council of Mortgage Lenders shows.
Rents paid to private landlords in the UK rose by 2.5% last year, according to a new report from the Office of National Statistics (ONS) issued this month.
In a world where the focus always seems to be on technology and the younger generation that are using it, it can be easy to forget about the older generation and their needs. It’s easy to focus on rental properties for those moving into their first home or growing families, but those who are ready to enjoy their retirement also need to be remembered.
One of the worst things for a landlord is having an empty property that is costing you money. The more potential tenants that are interested in your property, the easier it should be to let it out quickly.
The Government last week published plans for potentially introducing minimum three-year tenancies for private renters. The Communities Secretary said the plan would provide more certainty for the growing number of private renters across the UK. However, there are also concerns that this new plan could result in less flexibility for the UK’s rental sector.
It is an awful thing when a tenant has an accident in their own home. However, what many tenants probably don’t realise that in certain circumstances a Landlord can be held responsible for their tenant's injuries.
If you want to rent a property, there are a lot of things you will need, including a deposit. But one of the most important requirements is a guarantor.