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Landlords Blog

Landlord Types

The archetypal multi-property “professional” landlord probably only accounts for about half of all landlords. The rest come in all shapes and sizes. Which of the following are you?

1. The Accidental landlord
This is a homeowner who would ideally have sold, but has decided to rent instead. Perhaps the market is not strong enough to

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Landlords Blog

Summer Rental Rush

The end of the holiday season usually prompts great activity in the rental market and landlords should not only be prepared for this, but also take advantage of it.
The summer holiday not only marks the end of the school year, but also the end of a time of employment, with many people handing in

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Landlords Blog

The Critical Importance of Referencing

In an ideal world, once a tenant has been found, it would be good to think that you, as a landlord, can simply sit back and watch your investment deliver the anticipated return on investment without further involvement. Indeed, this is one of the reasons why some letting agents only offer a tenant finding service.

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Landlords Blog

Let It Shine

As a landlord you’ll want to minimise the time your property is empty between tenancies (what we call the void period) so it is essential that your property is looking its best for showing to new tenants both in terms of condition and cleanliness.

Although a tenanted property should be redecorated from time to time,

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Landlords Blog

Safety Regulations

Whilst there are over one hundred pieces of legislation with which a letting agent should be familiar, three come particularly to mind when it comes to advising landlords about the basic responsibility they have to the safety of their tenants, as well as helping landlords avoid a £5,000 fine or six months in prison for non-compliance!

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Landlords Blog

How Long Has It Been Available?

One of the first things a tenant will ask a letting agent when offered a property is “How long has it been available?” – and with good reason. Moving house is a huge event and it takes courage to commit to undertake such a decision – often with very little support other than pure instinct.

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Landlords Blog

Viewing Time

Most landlords will recognise the tremendous importance of ensuring that as many prospective tenants as possible see their property. After all, more viewings means more tenant competition thereby maximising your chances of securing the highest rental the market will pay.

However, whilst one always has to be fair, there is a lot to be said

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Landlords Blog

The Right People

Despite the fact that many people regard letting agents as more or less the same, there are in fact numerous selection criteria on which to judge the good from the bad, and the remarkable from the mildly indifferent.

For example, there are many services and innovations which can make a

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technology
Landlords Blog

Technology

The opportunities opened up by technology in the lettings field have been enormous, yet many lettings agents simply use their website as a glorified shop window. Like any agency window, the properties displayed need to be regularly updated and presented in a way that inspires tenants to take things further.

But a good agency website

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Landlords Blog

Energy Performing Landlords

As part of the lettings process, landlords are required to ensure that their property has an Energy Performance Certificate (EPC) available to all prospective tenants (including existing tenants renewing their tenancy) with a minimum performance rating of “E”. This will extend to existing tenancies on 1st April 2020.

An EPC is a certificate issued by

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Landlords Blog

May 2021 Market Comment

Welcome to the May 2021 Property Market Comment. The cherry blossom is always a reminder of the very peak of spring, and indeed of the annual boost to the property market. Certainly, this year has seen more intense activity than most of us in the property sector can remember.
However, when we speak about the

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Landlords Blog

Portfolio Landlords

There are landlords and there are landlords. Some are what we call “accidental” landlords, who decided to let their property as an alternative to selling. Others are somewhat inadequately regarded as “amateur” landlords, who have a single investment property.

However, it is “portfolio” landlords who make up the majority of our clients. A portfolio landlord

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Landlords Blog

Gas – The Landlord’s Responsibility

Whilst both gas and electricity can be lethal, from a landlord’s perspective, the law relating to gas safety is more stringent than it is for electricity with substantial fines or even imprisonment for of the breaches of the Gas Safety (Installation and Use) Regulations 1998. These regulations impose a duty on landlords to use a

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Landlords Blog

Renting Freedom To Buy

Possibly prompted by a lack of supply, increasing numbers of home movers are renting as an interim measure prior to buying their next property.
If you are selling, it can be tempting to stay put until the right house comes onto the market. However, many people who have done this, and who find the right

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Landlords Blog

April 2021 Market Comment

Welcome to the April 2021 Property Market Comment. The government’s decision to extend both the stamp duty holiday and the furlough scheme, as well as their new guarantee for high loan-to-value mortgages, have played their part in reducing uncertainty and boosting confidence.

Add to that the easing of lockdown, world-class rollout of the vaccine, impressive

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Landlords Blog

March 2021 Market Comment

Welcome to the March 2021 Property Market Comment, following a very eagerly awaited budget. Fortunately for the property market, there was no immediate bad news at all, especially in respect of the much-publicised Stamp Duty deadline.
In a nutshell, nine months ago, the government sought to bolster the economy by helping the property market, by

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Landlords Blog

February 2021 Market Comment

As we all battle through the current lockdown in our own way, the property market is surprisingly buoyant. This is perhaps inevitable as we are still playing catch-up from the restrictions of the first lockdown when sales transaction numbers plunged by around 50%.
But current market activity remains incredibly high, despite the fact that anyone

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Landlords Blog

Accidental Landlord

The archetypal multi-property “professional” landlord probably only accounts for about half of all landlords. The rest come in all shapes and sizes – The “Accidental” landlord, The “Pension” landlord, The “Parent” landlord and The “Inheritance” landlord.

In this article, we consider The “Accidental” landlord:

The accidental landlord is a homeowner who would ideally have sold,

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Landlords Blog

Tenant Fee Ban Benefit

Tenant Fee Ban Benefit Legislation now prevents letting agents from charging tenants a fee to process their application to rent a property. In the past,

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