One of the reasons why people save money is to invest and probably ensure that their retirement is comfortably funded. In this case, finding the right channel for investment returns is vital to foster a fruitful savings strategy.
When you rent out a property, all responsibility related to care and maintenance of the property is not passed to the tenant. In short, you cannot simply forget about property maintenance after letting it out. Similarly, a tenant cannot ignore the maintenance issues of a home just because they do not own the property. It is their responsibility to keep the property clean and livable. There is often confusion over who needs to take ownership of repair and maintenance issues encountered on a property.
When it comes to letting out a property it isn’t always as straightforward as just collecting the rent each month. You will have a legal responsibility to your tenants and so you will need to make sure that you are doing the right thing and that you meet all the necessary rules and regulations. Our checklist here will help you get things covered.
So, after all the stress of putting the paperwork together and aligning documents, preparing your home for its next owner, your home is finally on the market, congrats!
Commencing duties as a landlord is a daunting task. There is a bewildering amount of legislation and best practices to keep up with. While you are busy making sure things are going nicely, it’s easy to overlook things coming your way and keeping up to speed with the latest changes in landlord legislation.
When it comes to selling your home, you need to make sure that you have the right estate agent. There are many different companies around all competing for your business, so it is important to make sure you are comfortable with who you have representing you. Our tips and tricks will help you pick the perfect agent for you.
The demand for rental properties in the UK is quite high nowadays. This is mostly due to higher house deposits, and tougher mortgage rules making it difficult for people to buy their own home.
Are you letting out a property for the first time? Or have you often faced a lot of problems while searching for a rental property? Well, in the current property market, letting out as well as finding a property can be a real challenge. Have several people recommended that you should hire a letting agent but you are not sure about it? Don’t worry! You are not the only property owner with this confusion. If you talk to landlords, you may get contrasting opinion about the need of a letting agent. Few landlords just don’t do their job without a letting agent while others simply don’t hire one. So, instead of believing the opinion of others, you need to analyse your requirement.
If there isn’t much interest in your rental, what can you do?
We often have lofty ideas for our properties when they are on sale and while this is not such a bad thing, these ideas might not pan out as we planned.
If you ask a seller whether they want their property sold quickly, the answer will always be yes. We all dream of having a seamless process for selling a home, but the reality may differ from our expectations. So, when would it be time to take your property off the market for a break?
Finding a property for rent can be challenging! But you will be surprised to know that tenants are not the only ones facing the challenge, landlords face an equal problem in finding tenants. Having a property or portfolio of properties won’t be much of use to you, if you are not able to fill them with good tenants. Long gone are the days where landlords had the upper hand. The competition among landlords in UK is increasing as more landlords are putting their property in the saturated market.