Writings for Landlords
There’s a stereotypical image people have of ‘dossing’ students. Happily living in condemned student houses as portrayed in sit-coms like The Young Ones. But it is just a stereotype. In reality students are as discerning as any other tenant. I’m sure all private landlords realise this. But what do students really look for in a rental?
You’ve decided to become a private landlord. You have a property you’re ready to rent out. Now you need to take the next steps to install a tenant. Fortunately, the process of renting out your property is a fairly clear one. That’s not to say it’s easy but you do have a well-marked path to follow. In this article we’ll take a brief look at how you can rent out your property and begin collecting rent from your first tenant.
Whether you should allow your tenants to set off fireworks may not be a question you’ve ever considered. And to be fair it may not even occur to your tenant to ask for permission. Yet it’s something you should definitely think about. And, depending on your thoughts, you may want to amend your tenancy agreement.
Whether you should allow your tenants to set off fireworks may not be a question you’ve ever considered. And to be fair it may not even occur to your tenant to ask for permission. Yet it’s something you should definitely think about. And, depending on your thoughts, you may want to amend your tenancy agreement.
Private landlords must look at budget announcements with dread. In recent years the chancellor’s battered red briefcase has held some nasty surprises. Cuts to mortgage interest relief and the loss of the wear and tear allowance just two recent hammer blows felt by landlords. Changes to stamp duty were an even bitterer pill to swallow. That knocked the stuffing out of many private landlords.
There’s nothing worse to a private landlord than an empty property. Void periods hurt you financially. After all there’s no rent coming in and you still have your expenses to pay. But the only way to reduce void periods is to let your property as quickly as possible.
The Landlord Investment Shows are a series of events that take place across the U.K. each year.
Many private landlords won’t let their properties to tenants on benefits. They believe it’s too big a risk. That the tenants won’t be able to keep up with their rent. But there are other reasons too why many landlords are reluctant to let to tenants claiming housing benefits.
Being a successful landlord depends on many different factors. Finding the right property and attracting good tenants who pay the rent on time are two of the most important. You can add to that the rent you’re able to charge, the overheads you have and keeping void periods to a minimum. All pretty straightforward.
Today, we hear from a well known face of the industry – Paul Shamplina, founder of Landlord Action, author, and TV Presenter for Channel 5.
