In light of the pandemic, the property market has changed drastically, and understandably so. Property management companies aren’t a must-have for landlords, but they can certainly make the whole thing easier.
For those looking for the next big opportunity as we ease out of complete lockdown, could “becoming a landlord” be exactly that?
Imposing blanket bans on tenants in receipt of housing benefit in the property rental market has been judged as unlawful, discriminatory and against equality laws after housing charity Shelter took on a case which went to court.
The sheer number of types of tenants is vast, from single parents to newlyweds, through to students, elderly tenants and more. However, these can often be broken down into a few key tenant types according to employment status, age or financial situation.
Landlords might be wondering how Coronavirus affects any existing tenancy agreements, in regards to aspects of repair and maintenance work being carried out within a rental property, and just how COVID-19 could affect the UK rental market in the future.
Working tenants are by far the most sought after tenant type for landlords looking to fill their buy-to-let property. But just as with every other tenant type, there are still always risks associated with renting to professional tenants.
It is completely possible for landlords to get suitable buildings and contents insurance if they wish to let their properties to tenants in receipt of benefits.
Many students feel that landlords are unfairly overcharging on the rent whilst not maintaining the property as they should. Damp and lack of heating or hot water are amongst the largest complaints from students about their accommodation.
Charging rent is how a landlord makes their investment worthwhile. But how often should rental prices be increased and how do you work out how much to raise it by?
If you’re thinking of investing in property then you might be wondering what the best type of property is to invest in. During recent years the UK economy has been through some tough times and good quality flats typically cost much less than you would pay for a house.
