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Tenant deposits: a quick guide for landlords on how to play by the rules

For some landlords, the idea of putting a tenant deposit into a protection scheme may seem unnecessary or even burdensome – why can’t you just return the deposit after the tenancy has ended if no damage has been caused to the property? In an ideal world that might be the case, but the purpose of […]

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Buy-To-Let Property Investment Increasing

Disgruntled savers who refuse to continue to suffer dreadful interest rates offered by banks are turning to buy-to-let property to provide very lucrative returns. Property investment in the UK is increasing and more and more people are becoming aware of the potential profitability of letting out decent standard rental property to tenants who want somewhere to live. […]

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Advice For Landlords Dealing With Tenant Issues

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 […]

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Important Changes To Deposit Protection Schemes

There are now four authorised deposit protection schemes in the UK: The addition of a fourth deposit protection company could create even more confusion in the UK courts as there are different rules and regulations that must be followed for each provider. The Tenancy Deposit Scheme (TDS), Deposit Protection Scheme (DPS) and mydeposits have been […]

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How Landlords Can Avoid Bad Tenants

Landlords 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 […]

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Landlords Should Keep Better Inventory Records

  Inventory 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 […]

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Landlords Warned Over Tenant Referencing

The UK Private Rental Sector (PRS) is one of the UK’s best performing economies despite all the economic doom and gloom reported by the national press. Landlords and property investors spend a great deal of money on purchasing, renovating and renting out property, be that purchasing with cash, refurbishment of the property, paying repair or […]

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2013 Busy Year For Buy To Let

It looks like 2013 could be a very busy year for UK Buy-To-Let, according to the Association of Residential Lettings Agents (ARLA). The average number of rental properties owned by BTL landlords rose from 7 to 8 in the final quarter of 2012, and the market expansion looks set to continue throughout 2013 as better […]

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5 Top Tips For Student Tenants

  With UK University terms now started for the 2012/13 academic year we offer 5 great tips for new student tenants. 1.- Many landlords require a deposit for the rental of a property and may ask for the deposit and the first month’s rent. This can be quite a large sum of cash to part […]

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Landlords Happy With Positive Growth Of UK Buy-To-Let Market

Landlords are extremely positive about the current state of the UK Buy-To-Let market, according to a recent survey carried out by CHL Mortgages. According to the survey 71% of respondents were positive about the growth and stability of the UK Buy-To-Let market. 5% remained negative about the sector’s growth and stability. The positive mood from […]

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Tenancy Deposits Don’t Work

40% 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. […]

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Deposit Protection Deadline Looms!

New Deposit Protection rules are now in force and the deadline for landlords and letting agents for the registration of a tenant’s deposit, for every single tenancy, must be completed within 30 days of 6th April 2012, therefore, the deadline will be the 5th May 2012 This Affects All PRS Landlords If They Have Never […]

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Is It Cheaper To Own Or Rent UK Property?

Renting a property in the UK Private Rented Sector (PRS) is fast following the European trend and becoming the normal thing for people to do instead of taking the plunge and getting a foot on the property ladder. Struggling First Time Buyers have been forced to rent whilst saving for a deposit on a home. […]

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Tenants Staying Longer Because They Can’t Afford To Move

Figures released this week by a UK property association, have shown the average length of a tenancy in the UK private rented sector (PRS) has increased to around 19 months. The vast number of people now renting in England has increased by a dramatic 56% since 2004, which now accounts for over 20% of all […]

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Properties, pets and problems

It seems pets are posing problems in the booming rental market, as landlords are refusing to allow them in their properties. It’s hardly surprising as they fear they will damage furniture, fixtures and even bring fleas. Times are hard enough as it is for those searching for homes, with difficulties securing mortgages and repossessions on […]

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