Mould in your property can be unsightly and unhealthy, but who is ultimately responsible for mould in a rental property? This can be a bit of a grey area as, depending on what is causing the mould, it could be your responsibility or it could be your tenant’s. Mould can be very damaging to your …
As people flocked back to the cities when Covid restrictions eased, there was a surge in demand. But who won the rent race? It seems so long ago now, but it was only a couple of years ago that people started leaving the cities during the various lockdowns of 2020. Faced with job losses and …
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. …
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 …
Landlords are being warned that they could fall victim to ‘no win, no fee’ claims if their tenants’ deposits are not properly protected. A leading housing law expert has made the claim after witnessing a surge in no-win, no-fee solicitors being drawn into the private rental sector. Julie Ford runs landlord services firm Gothard Rowe …
The UK is seeing a new emerging approach to renting, which should see buy-to-let investors rewarded with high premiums and lower risks. ‘Flex-lease’ started in the US and works by seeing 10-20% of a residential building allocated to short-term rentals and the remaining 80-90% to long-term rentals. Under this idea, developer Sonder has opened blocks …
With over two-fifths of both landlords and tenants experiencing issues when renting, the relationship between the two can be temperamental. We have surveyed both landlords and tenants, including those who worked with letting agents and those who rented privately, to get a better understanding of the main issues and shed light on how renting relationships …
Record-breaking growth in the rental market means that tenants are now spending an average of 42% or £13,560 of their earnings on rent. Hamptons, one of the UK’s leading estate agencies has made the claim from results in its Monthly Lettings Index Report. Their findings show that this is the highest proportion since the Index …
