Court errors and bailiff shortages cost landlords almost £20,000 Pressure on our legal system is causing unacceptable delays when landlords seek resolution through the courts for tenancy issues. That’s according to property rental service provider LegalforLandlords, whose staff have collated a list of issues they believe show landlords are expected simply to ‘grin and bear […]
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Why do we dream of homeownership? It’s what we do in the UK – we dream of owning bricks and mortar. It’s seen as a badge of stability, security and success. It’s become part of our culture that we pity the poor renter who can’t afford to buy. Maybe one day they’ll have the deposit […]
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Calculating Rental Yield for a Buy-to-Let Property – by Sim Sekhon. Rental yield is a valuable metric. It can help you determine whether a buy-to-let property is a good investment and can also be used to compare the returns of different properties. But how is it calculated, and what represents a ‘good’ yield? I’m often […]
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Finding the right tenant takes more than a reference check. The rental market is fast-paced and competitive. Agents have an average of six viable applicants for every tenancy. In such a climate, it could be tempting to let the property to the first applicant to pass a reference check. Bish, bash, bosh – done. But […]
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2023 Rental Market Forecast: Assessing the Impact of Economic Pressures on the UK. The impact of recent events on the property market has been widely reported, but what’s likely to happen over the next few months? What effects will economic pressures have on the rental market? While a crystal ball might be handy when asking […]
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The latest news from LforL. Please find our December Newsletters below containing all that is new in the property world for agents, landlords and tenants. December 2022 – Newsletter – Agents December 2022 – Newsletter – Landlords December 2022 – Newsletter – Tenants
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It’s that time of year again. It’s been our privilege to work with you in 2022 and we hope you and yours enjoy a wonderful Christmas and a very happy New Year. Our team is looking forward to some well-deserved time off over the festive period, and we hope you are too. Friday 23rd December: […]
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EPC requirements are changing. Plan for it now. We’ve heard a lot this year about poor insulation standards in the UK’s housing stock. It’s a widespread problem that needs to change if emissions targets are to be met. It’s also very relevant to households as they struggle to avoid the impact of escalating fuel costs. […]
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With interest rates on the rise and mortgages becoming more expensive, many landlords will be asking whether their property investments will still deliver. At times like these, the standard advice is that property should always be viewed as a long-term investment. Housing is still in short supply, and with patience, market fluctuations can be […]
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The latest news from LforL. Please find our November Newsletters below containing all that is new in the property world for agents, landlords and tenants. November 2022 – Newsletter – Agents November 2022 – Newsletter – Landlords November 2022 – Newsletter – Tenants
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Landlord Insurance: Make sure you’re covered this winter. As a landlord you have to put up with a whole host of issues at this time of year. From roof damage to broken boilers and faulty pipes… you name it, no doubt it will happen during the autumn/winter months. We can take this worry away with […]
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Stuart Law, a prominent figure in property investment has warned of challenges facing the housing market – with the buy to let sector suffering the most. And today’s autumn statement only confirmed there are bleak times ahead for buy to let landlords. Although the chancellor of the […]
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We’re passionate about protecting and supporting landlords. That’s why we take every opportunity to share our landlords’ stories and make them heard. We won’t stand for nightmare tenants. Some of our landlords were recently featured in The Telegraph, telling their tenant horror stories. Read the horror stories on The Telegraph here.
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The latest news from LforL. Please find our October Newsletters below containing all that is new in the property world for agents, landlords and tenants. October 2022 – Newsletter – Agents October 2022 – Newsletter – Landlords October 2022 – Newsletter – Tenants
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Renters Reform: Landlords need clarity That’s the view of LegalforLandlords MD Sim Sekhon, voiced after an apparent change of plans regarding the abolition of Section 21. One minute, The Times was reporting that the Renters Reform Bill wasn’t seen as a priority and wouldn’t be brought forward during the current parliamentary session, the next, Liz […]
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