UK landlords are considered to be service providers, offering their rental property assets as suitable homes for people looking to rent property in the private sector. However, there are times when being a landlord can appear to have a few drawbacks, so we would like to offer landlords a little advice on dealing with some […]
Read MoreLandlords Must Carry Out Tenant Referencing To Avoid Bad Tenants 2012 wasn’t really a great year to be a landlord Almost 60% of landlords had problems with bad tenants in 2012 99,000 tenants didn’t pay rent for more than 2 months Tenant evictions increased 8% During 2012 some 59% of landlords were left out of pocket […]
Read MoreInventory Needs To Record Condition of All Fixtures And Fittings To Avoid Deposit Disputes Increased demand for suitable rental properties in the UK Private Rental Sector (PRS) means there is an urgent need for landlords and tenants to develop and maintain an accurate inventory of all fixtures and fittings in order to avoid disputes […]
Read MoreMany UK landlords admit that they fear tenants leaving in the middle of a tenancy, especially if the tenants are behind with the rent. Tracking down absconding or missing tenants can be a thankless, if not near-impossible task, and the process of extracting any owed rent from them is even harder. However, specialist landlord […]
Read MoreThere are hundreds of pieces of Government legislation and local authority regulations that have to be adhered to by landlords before being allowed to rent out property in the Private Rented Sector (PRS). The onus is on the landlord to make sure that the rental property and tenancy agreement are in full compliance with all […]
Read MoreAnalysis of rental data by Belvoir Lettings has revealed that private rented sector (PRS) rents have fallen across the UK by an average of 2.4% since the start of the credit crunch in 2008. Belvoir said it gives a much more accurate view of the UK PRS rental market on a national scale rather than […]
Read MoreA landlord from Sheffield has been sentenced to 9 months in prison for taking the law into his own hands and forcefully removing a tenant from his rental property, instead of following legal procedures or appointing a qualified tenant eviction specialist. The landlord, Jay Allen, had not applied for a court order and had not […]
Read MoreLow Buy-To-Let mortgage rates and increased rental yields making UK Buy-To-Let an attractive prospect for property investors UK property investment is booming after financial experts dubbed the UK Buy-To-Let industry as a property investor’s dream following reports of double-figure rental yields being achieved by smart landlords in parts of the UK. Some areas of London […]
Read MoreMassive rise in tenant eviction orders as landlords are forced to get tough causing outcry from homelessness charity Crisis. Over the last three years there has been a 70% rise in court orders for the eviction of tenants in the UK Private Rented Sector (PRS). Homeless charity Crisis set about analysing figures released by the […]
Read More40% of all UK Private Rented Sector (PRS) tenants have reportedly lost some or all of their rental deposit at the end of a tenancy, but landlords aren’t winning either, says a new report. The total amount lost per person averaged £313 (GBP) according to a new survey conducted by online property portal – FindaProperty.com. […]
Read MoreStuck property vendors that are being forced to make the move into the UK buy to let market, are being warned by landlord and lettings specialist service provider Legal 4 Landlords, that they need to spend more time researching the area where the property is and spend more time understanding the mechanics and legalities of […]
Read MoreNot all landlords feel the need to use a letting agent, preferring to handle all aspects of the letting and management of their rental property and tenancy themselves. Landlords and tenants are recommended to use the services of a reputable letting agent, to save time, reduce stress, ensure legal compliance and provide them with professional […]
Read MoreIndividuals looking to rent property in the UK PRS (private rented sector) need to keep the selection process focussed and relatively simple when looking to rent property. First time tenants looking for property to rent in the UK are being advised to carry out plenty of research before accepting a tenancy. The Association of Residential […]
Read MoreUK Landlords and letting agents are being warned about an increase in bogus tenant applications. Fraudulent applicants have been filling out tenancy application forms provided by honest landlords and agents, giving inaccurate or misleading information, in a bid to secure the rental of the property. It is not unknown for the fraudsters to move from […]
Read MoreThe downturn in UK property valuations has lead many existing homeowners, some of whom are desperate to sell up, to consider alternative ways to cash in on their current property, without having to sell it below their expected valuations. A fairly noticeable proportion of these vendors are choosing to become first-time landlords, rather than settling […]
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