From 1st June, on existing tenancies that are renewed, landlords will need to return any deposit amount held that exceeds the new 5-week deposit cap. We have partnered with Zero Deposit to bring landlords a smarter deposit solution.
The difficulty of coping with tenant turnover is something many new landlords don't appreciate - even experienced operators will admit tenant turnover is one of the most stressful aspects of being a buy to let landlord.
If you're going down the HMO route, what are the things you need to know and how can you manage your property without using an estate agent? We'll look at these questions in this article.
It's amazing what deals you can find by shopping around. Particularly when it comes to energy costs. Switching suppliers really can save you a sizable amount of money every month.
It is definitely true to say that, over the past five years, the BTL game has changed. Increasingly onerous taxation and legislation and regulation have driven a “professionalisation” of the sector.
Every landlord is looking for ways to maximise the revenue and profitability of their property. Here are a few tips to help that happen.
Renters are spending more of their salary on rent than ever before. The exact percentage does vary according to which report you to read. But it's safe to say many tenants are spending around 50% of their salary on paying the rent. In London, this can climb to over 60%. Among younger renters, those figures could be even higher.
There are pros and cons to investing in student property. If you're considering taking the plunge, we'll outline the benefits and drawbacks on this page.
With the news today that property has out-performed most other investment types over the past decade, there is sure to be people looking at BTL in more detail over the coming months.
Though still relatively new to market several companies now offer deposit free renting schemes. This type of scheme can remove the need for a tenant to pay a deposit. It also protects landlords from financial loss from unpaid rent or damage to their property.
Fees that are exempt from the tenant fee ban include rent, deposits, and the holding deposit. Should a tenant request a change in their tenancy, default or terminate the tenancy early, landlords will still be able to charge a fee to the tenant for this.
There are two types of insurance you may need; liability and contents insurance. Here's what you need to know.
