1. Rising Interest Rates and Mortgage Payments As 2024 began, 47% of landlords identified increasing mortgage payments and rising interest rates as their primary concerns, marking this as the most pressing issue they face this year. On a positive note, average...
The Renters Rights Bill has been published this week; with the news the Government could introduce new rules as soon as next spring, for both new and existing tenancies. In its First Reading in the Commons the Government announced plans to: End Section 21, the...
Yes you can. It’s not widely known that, under common law, tenants’ rent is technically due in arrears. However, the tenant is required to pay rent in advance because the tenancy agreement, which they have signed, stipulates this condition. If a landlord...
Enjoy a Stress-Free Summer: Ensuring Rental Property Safety While You’re Away As summer finally makes its appearance and the holiday season kicks in, both landlords and tenants often take a break in August. Here are some proactive measures you can take to ensure...
Furnished or unfurnished? If you are a landlord and weighing up the pros and cons of this tricky question, then check our advice below. We will answer your questions and, hopefully, help you to make an informed decision and get the most out of your investment. What...
As a landlord, conducting annual gas safety checks is not only a legal requirement but also a critical measure to ensure the safety of your property and its occupants. However, what should you do if a tenant refuses access for this essential safety check? Here’s a...
Strictly speaking no. A minor (ie someone under 18) is legally incapable of owning an interest in land. If the minor signs the tenancy agreement as sole tenant, this will take effect as a contract by the landlord/grantor of the tenancy to hold this in trust for the...
The beauty of property is that nothing happens for large stretches of time – meaning that when there are no tenant issues and you’re not refinancing, you can forget you own it and dedicate your time to other things. But once per year, it’s a good idea to conduct a...
Pets There is a lot of controversy about this and the law is not well understood. Here are the main points: By default (i.e. if there is no tenancy agreement) tenants are entitled to have a pet The ONLY reason pets are not allowed in most cases is because there is a...
Tip 1. YOUR ONLINE APPLICATION & PAYING YOUR HOLDING DEPOSIT By far our biggest tip – Be sure to complete your online application as accurately and as quickly as possible. This will show both the landlord and letting agent that you are committed to securing your...
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