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.
Over the past years, cases of rogue landlords have crept their way in. This gives the letting industry a negative reputation. Although, you may find that from ten landlords, only a small number have unprofessional tendencies, masking the entire industry negatively. Having a peaceful and fruitful encounter with the landlord is every tenant's desire. To achieve this, we have outlined some of the issues you may consider avoiding to fulfill your desire. This applies whether you are looking for a house from the available online portals or the physical search. Read on!
Renting a home might have always been seen as a lesser to buying one, but what you may not realise is that there are plenty of benefits to renting a home rather than owning one. One of the biggest benefits is that when things go wrong within the house, 9 times out of 10 it is not going to be something that you need to pay out (or organise) to be fixed. So, when is a maintenance repair job something to do with you and when do you need to leave it up to your landlord?
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!
Find out if the reason your home isn’t selling is down to your pets, and prepare yourself to stop this issue before it wastes too much time.
We’ve often heard about tales of tenants and the pertinent issues with landlords. Even if it doesn’t sound pleasant, the reality is true in most cases. However, there are exceptions no doubt and these often occur when the understanding and rapport between tenants and landlords works great; both perform their respective tasks, act in a timely manner and are rather open about what they actually seek from the other. A number of surveys were conducted at several places by researchers about the need fulfillment of landlords or, in other words, what they really seek from the tenancies. This largely differed in terms of the age groups who are given the rental flats or apartments; and hence the categories went something like - professional workers, young independents, small or large families on a tight budget or the elderly couples looking for spaces at their old age.
Renting has definitely changed over the years. With more and more young people deciding to rent over buying a home, this means that it has definitely become more of a renters market than ever. In order to appeal to the best tenants and also to hold onto them, a landlord needs to do their best to ensure that their rental property is the best that it can be.
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.
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.
One of the reasons why people save money is to invest and probably ensure that their retirement is comfortably funded. In this case, finding the right channel for investment returns is vital to foster a fruitful savings strategy.
Before you even think of choosing the right buyer for your home you should have prepared well for viewers and ‘staged’ accordingly. Staging and preparation for such an undertaking doesn’t have to be complicated. Once that’s done you need to choose the right buyer who matches what you’re looking for. Here are a few ideas on how to pick the most ideal purchaser of your home.
If you ask a seller whether they want their property sold quickly, the answer will always be yes. We all dream of having a seamless process for selling a home, but the reality may differ from our expectations. So, when would it be time to take your property off the market for a break?