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Case study – how to present your property: Kelly Bray, PL17

About the property… Our case study of the week is a 4-bedroom detached house in Kelly Bray, a small village in Cornwall. Rentals out in the country tend to look for professional tenants/families that are looking for a long-term rent. As a result country rentals like this one are a secure investment, because the tenant turnover is low. What we like about the listing… Really clear, appealing... Read more

Posted by Simon @ Upad on August 17th, 2012 in Property Rental

LHA tenants

Pros and cons of letting to tenants on housing benefit

LHA tenants get a bad press - often unfairly so. Here are the advantages, and disadvantages, to renting to this type of tenant. Key points: 1. According to research, LHA tenants stay in properties for twice as long compared with non-LHA ones. 2. You can apply to the council to get housing benefit paid directly to your account if you have a good reason (like a failed credit check). 3. It... Read more

Posted by Simon @ Upad on August 16th, 2012 in Finding Tenants, Housing Benefit, Property Rental, Tips for New Landlords

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Property maintenance

The property you rent out must be “fit for occupation” and most properties, even new ones, need regular maintenance. Here are some things to bear in mind: 1. Water damage/leaks Water can do a whole heap of damage if the source of the problem isn't treated early. Ultimately it can make the property unstable, therefore unfit for occupation – costing you valuable rent. The most common... Read more

Posted by Simon @ Upad on August 11th, 2012 in Landlord Insurance, Property Management, Property Rental

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Is your sex letting you down? Over half of UK landlords care about the gender of their tenants

Finding a place to rent can be hard enough but what if your sex was a deciding factor in whether you get your foot in the door of your potential new pad? According to our survey, over half of UK landlords care about the gender of their tenants. Asking 885 landlords, we discovered that the sex of a tenant was a genuine concern for 57.4% of respondents. Our founder and CEO James Davis... Read more

Posted by Simon @ Upad on August 9th, 2012 in Finding Tenants, Property Rental

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Case Study – how to present your property: Old Street, London, N1

About the property… Our case study if the week is situated just off Old Street in Central London. Old Street has developed a reputation of being the UK's "Silicon Valley" over the last few years due to the prominence of emerging tech start-ups such as Last FM. As that reputation continues to grow, the area should be a great investment for both residential and commercial property. What we... Read more

Posted by Simon @ Upad on August 8th, 2012 in Listing Case Studies, Property Advertising, Tips for New Landlords

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Case study – how to present your property: Keighley, BD20

About the property… Keighley is a large town situated in the West Yorkshire country. Keighley is well connected, with easy rail access to nearby towns including Leeds & Bradford. The Airedale Centre is the main shopping facility where most of the high-street retailers are located. The transport and amenity situation makes Keighley an attractive proposition for tenants, especially seeing as... Read more

Posted by Simon @ Upad on August 2nd, 2012 in Listing Case Studies, Property Rental, Tips for New Landlords

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Why renting to pet owners shouldn’t be a problem

Renting to pet owners has developed a bit of a stigma. Battersea Dogs and Cats Home released a piece last year, concerned with the state of pet rentals: more and more pets were being handed over, as they were stopping their owners from renting. But pet owners can make very good tenants. Not only that, but because of the shortage of rental properties that'll allow pets, tenants with pets will... Read more

Posted by Simon @ Upad on August 2nd, 2012 in Tips for New Landlords

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Case study – how to present your property: Longfield, DA3

About the property… This is a house-share situated in Longfield, in the Medway area of Kent. With direct commuter links by rail (42 minutes) and links via the M25 to London, Longfield is well connected and appealing to city commuters. Being a small village with good connections, Longfield provides a rest bite from busy city life and could be an attractive proposition for property... Read more

Posted by Simon @ Upad on July 27th, 2012 in Finding Tenants, Listing Case Studies, Property Advertising, Tips for New Landlords

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house-rental

Rip off London – concern grows as London renters pay £41 extra per month according to new figures

Following a monthly rise of 0.9% to £1,047, London's rents have reached a new high for the second month in a row according to the latest figures from LSL Property Services. Currently, London renters pay an average of £41 extra per month, a 4% increase compared to June 2011 and with rents around 80% higher than the rest of the UK, are London's renters being "ripped off"? Indeed, the... Read more

Posted by Simon @ Upad on July 27th, 2012 in Buy-to-let, Property Market

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What you should know about Landlord Associations

Landlord Associations can be hugely beneficial for private landlords. The membership fees vary depending on the benefits included, but landlords typically gain access to great advice channels and discounts on landlord services. Here's a look at the National Landlords Association membership: Advice When you join the NLA, you have access to a wide-ranging set of landlord advice tools. They... Read more

Posted by Simon @ Upad on July 26th, 2012 in Buy-to-let, National Landlords Association NLA, Property Management, Tips for New Landlords

Checklist

What you should know about tenant referencing

Tenant referencing is a vital tool. It gives landlords piece of mind that their tenants can afford the rent and don't have a dubious rental history. Comprehensive tenant referencing should include: Credit check — looks at tenants' credit histories. Affordability check — compares tenants' salaries with the rent, and judges whether the finances stack up. Previous landlord written... Read more

Posted by Simon @ Upad on July 20th, 2012 in Referencing, Tips for New Landlords

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Case study – how to present your property: Bradford, BD10

About the property… Our case study of the week is a three-bedroom house, situated just outside Bradford. Since suffering at the hands of the declining textiles industry, Bradford has built itself up into a cultural hive attracting new business, such as the Freeman Grattan home-shopping company head office, and a significant redevelopment of the city centre: things that should attract property... Read more

Posted by Simon @ Upad on July 20th, 2012 in Finding Tenants, Listing Case Studies, Property Advertising, Property Rental, Tips for New Landlords

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Landlord confidence in UK Buy-to-Let dips 9%

Our Private Rental Sector Health Check for June 2012 has revealed that there has been a 9% drop in confidence amongst UK buy-to-let landlords since April 2012. We asked 500 UK landlords whether they were more or less confident about the buy-to-let market — the research highlighted a dip to 63% compared to April’s positive rate of 73%. The research marks a slight but still evident decline... Read more

Posted by Simon @ Upad on July 19th, 2012 in Buy-to-let, Property Rental

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Case study – how to present your property: Thornhill, WF12

About the property… This house is situated in the village of Thornhill in West Yorkshire. Thornhill is an old English town with numerous pubs and Anglo-Saxon artefacts. With plenty of sporting facilities as well as a Post Office, florist, dental surgery and a beauty salon - it has enough to keep renters well-provided for and property inventors interested. What we like about the... Read more

Posted by Simon @ Upad on July 13th, 2012 in Finding Tenants, Listing Case Studies, Property Advertising, Property Photography, Tips for New Landlords

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With only 2 weeks to go, there’s still huge potential in renting your home to Olympic visitors

With only 2 weeks to go until the start of Olympic Games, there’s still time for London homeowners to cash in on the estimated arrival of 11 million sporting fans, athletes and sponsors over the next two months. James Davis, Upad CEO & founder comments, “At present hotels in London are charging high fees for those looking for accommodation during the Games with hotels in the... Read more

Posted by Simon @ Upad on July 13th, 2012 in Property Rental

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