Before finding tenants for your property, you will have to decide on a pet policy. The decision on whether to allow your property to be let as pet-friendly is not one to take lightly.
Being a landlord is an expensive business, so you need to make sure that you have the right insurance cover, otherwise, you’ll face big expenses when things go wrong, which they so often do.
From 1st June 2019, the new Tenant Fees Act will come into force, having been introduced because the UK Government wants to see a fairer private rental market.
The main worry of holiday home ownership is accidental or malicious damage by your guests. Having a comprehensive insurance policy will give you peace of mind.
In what has been labelled the “biggest change to the private rental sector for a generation”, the UK government has announced plans to abolish ‘no-fault evictions’ that were introduced under section 21 of the 1988 Housing Act.
Wind damage can affect our lives in many ways. The most obvious is damage to the properties that we own but it could also be falling trees or branches that cause damage to other peoples property.
With an official Brexit date set for March, the value of the pound has slumped and the property market has slowed down leaving landlords worried about rising inflation and the post-Brexit property market.
Obviously you should always use your own judgement when meeting with prospective tenants, and not all of these signs are necessarily red flags in certain contexts, so take the following with a pinch of salt…
Mistakes are inevitable, and are all a part of the learning curve, but many small mistakes are easily avoidable and can save you from unnecessary headaches and heartaches along your journey.
Our lovely seaside town of Southend-on-Sea in Essex, where we base our office, hit the property headlines recently as our town was named the top spot for buy-to-let.
