Who pays for repairing the damage at a rental property can depend on what exactly has gone wrong. Landlords are responsible for damage to the fabric of the property, such as, missing roof slates causing damp, broken down boilers and leaks and all landlords should have suitable Buy-To-Let insurance in place to cover the costs […]
Read MoreThe wild winter storm that rocked most of the UK last week caused widespread damage but the Association of British Insurers (ABI), reassured all policyholders, including those with landlord insurance policies, that claims would be dealt with swiftly. The torrential rain and gale force winds caused extensive disruption across the UK’s transport network, damaged properties […]
Read MoreRent Arrears are set to rise in the UK Private Rented Sector, (PRS), during 2012 as more landlords face dealing with tenants who cannot afford the rental payments on their residential property. The UK media reported at the end of last year that the number of court orders to evict tenants had risen by 11% […]
Read MoreThere could be big changes in store for the UK private rental sector should there be an exodus of inexperienced or accidental landlords from the market. The rental market in the UK could be significantly impacted in the event of a mass departure of inexperienced and accidental landlords from the sector. This is the suggestion […]
Read MoreLandlords often have to chase tenants for the rent, often payments are missed due to extraordinary circumstances, Here are some of the best Tenant Excuses For Not Paying The Rent • “I can’t pay my rent as my BMW is in the shop, and I cannot afford to pay for both.” • “I can’t pay […]
Read MoreNew research from Shelter highlights the areas of the UK where people are most at risk of losing their homes. 111 households is at risk of eviction by either a landlord or mortgage lender, with those living in London most at risk, followed by the residents of Manchester, Slough and Peterborough. Shelter’s study also reveals […]
Read MoreIf you are a seasoned landlord or are just starting out in buy-to-let, you need to understand the importance of carrying out background checks on potential tenants. Right now it’s a landlord’s market with more people choosing to rent so UK landlords can afford to be a little more choosy. The National Landlords Association (NLA) […]
Read MorePrivate Sector Rental prices and rental yields increased in the three months up to October 2011, according to new research from the Royal Institution of Chartered Surveyors (RICS). The survey found that the number of UK property agents who reported higher rents had risen by 19% in the 3 month period. 15% more also said […]
Read MoreIf you are a Landlord who lets a property in the UK, then you run the risk of rent default by your tenant. Even the best checks and references cannot predict a tenant falling on hard times and not being able to pay their rent. Could you as a landlord cover your expenditure if this […]
Read MoreA major new report out today is urgently calling on the Government to regulate residential Letting Agents to the same standards as Estate Agents and reckons that UK tenants are being ripped off by cowboy agents in the booming PRS rental market. The Resolution Foundation, an independent think tank which focuses on lower income groups, […]
Read MoreA seasonal reminder to landlords and letting agents that Bailiff Amnesty’s will begin around 12th December 2011 to the 9th January 2011. Please check your local County Court for more details. The amnesty, which is not widely publicised, is implemented due to local authority offices, solicitors, courts and housing welfare organisations festive holiday closures. Unfortunately […]
Read MoreA new study claims UK Landlords should seek debt advice in order to avoid evictions. The report by the Financial Inclusion Centre, commissioned by the Hyde Group, found that UK landlords could save more than £50 Million in debt-related eviction costs through early intervention. Researchers found that, on average, landlords made a net return of […]
Read MoreWhen bad tenants face eviction for excessive rent arrears, they often think they can move out without ever paying the landlord their due rent. This is not the case! Many UK landlords may not be aware but they are still entitled to claim any rent arrears owed to them by evicted tenants for up to […]
Read MoreDemand for UK Rental Property continues to soar, with lettings agreed within a record low of 12.7 days and up to 5 tenants competing for each private sector (PRS) rental property. Since the beginning of 2011 there has been a significant increase in tenant demand for private rented sector property. UK residents are adopting the […]
Read MoreFinancial experts have suggested the UK Private Rented Sector (PRS), will keep expanding over the next few years. The Council of Mortgage Lenders’ (CML), has noted that UK Landlords, Property Management Companies, Lettings and Estate Agents are currently seeing strong rental returns within the UK PRS, and this income improvement is likely to continue for […]
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