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The Pros and Cons of Corporate Lets

What landlord wouldn’t want a tenant whose rent is guaranteed by his or her employer? We’re talking here about a corporate let and they’re generally seen as highly desirable, but when offered such a deal it’s important to proceed with care. A corporate let, in case you’re wondering, is where a company secures the property on behalf of their employee, usually because they’re... Read more

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Guest post: How local authorities collaborate with landlords over Health & Safety issues

Plymouth City Council helping landlords meet health and safety requirements It is well-known that some people in the private rented sector (PRS) live in dangerous houses. The Gas Safe Register recently found that more than 20% of all PRS households contain dangerous gas appliances, with research from Shelter and British Gas finding that at least 10% of tenants do not have their gas boilers... Read more

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Guest post: dressing properties to rent calls for a targeted approach

Ben Hall MD of LOFT Interiors- www.loft-interiors.co.uk - landlords’ go-to furnishing specialist for rental properties - shares his views on why landlords shouldn’t rely solely on refurbishments to secure long term tenants- stressing the need for a targeted approach to dressing your property and catering for the market. IDENTIFY YOUR TARGET MARKET By dressing your property to cater for... Read more

Quizzical

Guest post: Buying a House to Let – What You Need to Know

With lower house prices, rising rent costs and improved deals on mortgages, we are currently in a time where buying-to-let has become an attractive income investment. If you are planning on investing in property in the near-future, you should be aware of the obligations that you will be taking on and the key factors you should consider before purchasing a property and moving a tenant... Read more

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Are new-build homes the best property to let?

One of the liveliest debates among landlords is whether new or older properties make better buy to let properties, so here’s how we believe the pros and cons of both stack up. New-build properties Pros Fixtures, fittings, equipment and appliances are the latest, which is a major tenant draw. Leasehold periods tend to be longer than older properties. Developers often offer 'landlord'... Read more

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Do ‘accidental landlords’ really need to get a buy to let loan?

One of the big challenges for many of Britain’s accidental landlords – as those who rent out former homes are known – is to obtain a buy-to-let mortgage to replace their traditional homeowner loan. A quick look at the market will reveal dozens of mortgage providers happy to lend money but unfortunately for landlords, matters are not that simple. Buy-to-let lending is much tighter than... Read more

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Should landlords keep quiet about parking restrictions?

The rapid spread of on-street parking restrictions along many of Britain’s residential streets is helping to make properties on them unpopular among tenants as a small army of wardens descend on them in a flurry of rage-inducing tickets. Also, such is the often high cost of permits and administrative hassle for tenants living in controlled parking zones that some landlords gloss over these... Read more

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Guest post: How safe is your area?

Whether you have lived in the same place for a number of years and intend to stay put, or are looking to up sticks to somewhere new it is always a good idea to get informed about the area in question. Making yourself aware of the crime rates could determine future decisions or simply give you a realistic view of certain areas, as the saying ‘ignorance is bliss’ doesn’t always... Read more

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Why is landlord insurance more than normal home insurance?

If you’re in the property game you will have noticed the large price difference between landlord insurance and those for owner-occupied properties. On first inspection both look similar and offer ‘buildings and contents’ cover should there be a fire or burglary. So why is landlord insurance often up to 20% more? Trawl around in the policy detail and it becomes clear why. Most landlord... Read more

Plumber

Does landlord repairs performance need fixing?

It is the phone call that every landlord hopes takes place only occasionally – there’s an emergency at your buy-to-let property such as a burst water pipe, electrical black-out or collapsed ceiling and action needs to be taken immediately. Research by home repair network HomeServe reveals that such events are more frequent than landlords might hope. Researchers found that 34% of tenants... Read more

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Are tenant’s cycling needs worth appealing to?

Listings for rented property often go to great length to attract car owners be it access to a garage, a large front drive or free on-street parking. But how often do you see mentions of bike storage? The answer is, fairly infrequently which is baffling given the number of bikes sold in the UK outnumbers cars (3.7 million versus 2.2 million), cycling ownership is rising fast and some 13 million... Read more

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Guest post: Storage in small apartments, a solution to improve living standards

Storage space is always a consideration for tenants looking to find a place to live, and often new-build apartment blocks are not built with enough storage space to house the components of modern day living. When potential tenants view a property they will be mentally checking whether the wardrobes and cupboards are big enough for all their clothes as well as considering where they can keep their... Read more

Out of Pocket

What happens next if a tenant fails reference checks?

Running credit and background checks on tenants is an essential part of managing a tenancy successfully, but what does a landlord do if a tenant fails them? This question is one faced regularly by many landlords regardless of which lettings sector they operate in – people from the bottom to the top of the tenant pool may have had problems in the past when a landlord looks into their banking,... Read more

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Must landlords use a deposit protection scheme?

Government approved deposit protection schemes have been around since 2007 but despite this some landlords still believe it’s adequate to bank their tenants’ deposits and not bother with one of the three official schemes. But the Housing Act 2004, which introduced the tenant deposit legislation, is clear about the penalties should a landlord fail to comply with the regulations. These... Read more

Hotel-Room

Guest post: 3 Reasons Why Your Property Doesn’t Look Like a Showroom (And How It Can)

Showroom designers are experts in making mock-ups of rooms that look warm and inviting. They understand how to work with limited space and resources to turn a fake room inside a large department store into a place that shoppers envy. While the challenges of designing for a department store are different to the challenges of designing a room for a real home, you can use some of the tricks of the... Read more