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.
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.
During your house hunting quest, chances are you will only see a given house at its best; perfectly organised, expertly staged, and clean. This gives you a perfect picture that lures you into buying the house; however, you might be missing a lot; recurrent water problems, rat and termite infestations, past flooding cases, etc. These are the things that eventually cost you a lot.
Whether you are a first time homebuyer or someone who has purchased in the past, buying a home is one of the largest purchases that you’ll make in your life which can seem very exciting yet daunting at the same time. There are various things to look at, but the most important is the home survey.
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.
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.
A home is probably the biggest asset a person can invest in.
Renting a home is a great alternative to buying your own property. In fact, it seems to be something that is much more commonplace than it has ever been. Renting does have a wide range of benefits, but it does have some drawbacks too.
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!
As home décor goes, cosy is the way forward in the colder months. Whether you’re staging your home for a winter sale or just looking forward to cuddling up under blankets, these small changes to your surroundings can make all the difference…
When it comes to moving home, it can be a really stressful time. There are many different things to consider, particularly if you are selling a home as well as buying a new one. In the chaos and stress of moving, here is a handy checklist of things to watch out for.
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.