Being a new landlord, you must be having a lot of questions on your mind. Don’t worry! It is obvious to have queries regarding your rights and responsibilities towards the property. Just because you have let out your property, it does not mean you do not have any right over it. Don’t fall for misconceptions or myths regarding the right of a landlord to access his property. There are rules that govern the same, and you need to know these regulations. Make sure you get your queries solved before signing the tenancy agreement as standard tenancy agreements state the conditions in which landlord can access the property.
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.
When it comes to moving home, this has been rated as one of the top three stressful things that you can do. Most of the stress comes from not knowing what is going on and not being prepared for things that can get easily missed. We are here with a handy checklist list of things to watch for when you are buying a new home.
Quite a good number of people believe that getting their tenancy deposit back is impossible, or have the mentality that their landlords will do or look for any possible reason to hold back their security deposits. However, we can confirm that there are landlords who can't wait to hand you over your security detail as per your agreements.
A tenancy agreement can be described as the binding contract signed between you and your landlord. It clearly sets out all the legal terms and conditions in regards to your tenancy, and what type it is. For this reason, it might be fixed (spanning through a set period, for instance, six months) or periodic (runs through on weekly basis, or even every month).
We know that the idea of house sharing isn’t for everyone; however, living with other people in a house can actually be a great idea for some. So, if you are considering house sharing as an option then here are some of the pros and cons to keep in mind.
When it comes to renting a property it is important to know what you are getting into, particularly if it is something you are doing for the first time. It is easy to be caught out, so follow our handy checklist to make sure you are doing it right.
For landlords who are considering on how to market their rentals, they are often faced with two major questions, “Do I furnish it or not?” and “Can furnishing my properties increase my rental yields?”. Well, there are no simple answers to these questions, however, we have compiled some of the benefits accrue to you as a property owner, as well as some downsides of furnishing. Read on!
When you are viewing a rental property with the mind set to move in, there are likely to be a thousand questions running through your head. However, with so much to think about, making sure that you ask the right question isn’t always easy. To help you make sure that you know all the key things for your prospective rental home, here are the top 5 questions that tenants should always ask during a viewing.
A home is probably the biggest asset a person can invest in.
When you are giving your property to rent, you are trusting a stranger with your property. No matter what you do for a living, owning a property requires a lot of efforts. Property in UK does not come cheap, and the prices have risen over the past years. Whether you are renting out your property that you live in or some other property in your investment portfolio, you will want to have the best tenant. Also, there is some sentimental value attached to the property, so you need to be certain about who is living in it.