What fines are you liable for as a landlord? As a landlord, there’s a weight of responsibility on your shoulders to ensure your tenant’s safety in your property. From ensuring your certification is all in place to keeping up-to-date with the latest regulation changes, there are a lot of balls to juggle. But what happens …
Landlords in Wales need to keep abreast of a changing landscape when it comes to serving eviction notices ahead of the new Renting Homes Act. Covid had a huge impact on the property industry, not least when it came to evictions and it affected landlords across the country. But a new shake up is coming …
As a landlord, you are uniquely vulnerable to fraudsters – from insurance scams to house theft. Find out what to look out for and how to protect yourself. You don’t live in your property, so there’s no way of knowing what could be going on under your roof – from domestic abuse to drug addiction. …
A landlord who admitted serious fire safety breaches in his rented office block has been fined £50,000 by Luton Magistrates Court. After last week’s news that a landlord is facing a £5,000 fine because their agent missed the deposit protection deadline, there is another fine being handed down in Luton. Sadly, this was no administrative …
While the Chancellor ignored the impact of rising rents in his Spring Statement, he has made eco-updates cheaper. Last week, Chancellor Rishi Sunak shared his Spring Statement, revealing a 5% rate cut on energy saving materials. This takes VAT on materials like solar panels and heat pumps down to 0% for five years, in a …
Owning a flat can be tricky, especially when it comes to communal spaces! If your buy-to-let investment is a flat in a larger block, it’s wise to know where your responsibility begins and ends. As a leaseholder, you are responsible for issues within the property, but the freeholder is responsible for issues in the larger …
Highest rent increases hit East Midlands tenants, with London recording lowest impact UK private sector rental prices increased by 2.3% in 12 months, the largest annual growth rate since December 2016. The figures in the year to February have been revealed by the Index of Private Housing Rental Prices. They showed that the East Midlands …
If landlording is your side hustle, how can you protect yourself from stress and burnout? Research conducted in 2019 showed that a third of landlords have day jobs and while you may be hoping to grow your portfolio to a point where you can make that your full time job, in the meantime, you’ve probably …
Research has found that a whopping nine out of ten landlords expect rising inflation to impact their investment property maintenance costs. Landlord portfolio platform GetGround created a poll and the results showed that more than half (52%) of respondents expect the cost to jump between 25% – 50%. And 10% of those surveyed expect an …
The cost-of-living crisis will hit everyone – landlords and tenants alike. So how can you prepare for it? It has been a long few years and it seems it’s just one crisis after another, with the cost-of-living crisis following swiftly on the heels of the pandemic and multiple lockdowns. But what exactly is causing the …
