Many landlords have the same problem of voids periods and this is a concern for people who are considering to be a landlord…some voids periods are inevitable but here are 5 ways to try and avoid those voids: Ensure that your AST allows you to show prospective tenants around during the last month of the …
Licencing schemes – more and more Local authorities(LA) are seeing these schemes up! How should landlords apply for a LA license? There are different types of licensing and each council has the option to widen the scope of a license. You can get an application form online from each individual council. Just remember what you …
Earlier this year, the Labour party revealed plans to change the law so that tenants will have the right to keep pets, as long as they don’t cause a nuisance. The trouble is that for landlords, pets traditionally spell, well, trouble… There’s the damage to furniture, fixtures and fittings – from scratching, biting or ‘accidents’, …
Auctions can be one of the best ways of buying property as long as you are prepared, informed and cautious. The auction market is absolutely HUGE and this is why it can be a huge opportunity for investors countrywide. SOME TIPS: Sourcing properties at auction: Start by looking at your local auctions Register for the …
Buying at auction Research…Research…Research The thrill of buying at auction can get you caught up in the moment but never forget to do your own due diligence as this is the most important factor when purchasing at auction and the one step that many forget. A FEW THINGS TO REMEMBER: You are committed: when the hammer …
Top 10 tips for the day: Get there early Stand at the back Bring your ID Proof of address Some sort of payment method If buying in a company bring: proof of directorship and the incorporation certificate Know what your max bid will be and DON’T go over this If you are unable to make …
Houses of Multiple Occupation are an area of growth for investors, with 43% of these landlords in acquisition mode. So what do landlords need to know about HMOs, and about the rules and regulations that govern them? We answer some the key questions here. What is an HMO? HMO stands for House in Multiple Occupation. …
Houses of Multiple Occupation (HMOs) – The Ultimate Guide Read More »
One of the much newer strategies and for obvious reasons has seen considerable growth as it can real enhance the financial return for a property compared with an assured shorthold letting. What is the normal checks taken out by landlords for Buy to let properties? We take a deposit, do checks, have guarantors for the …
There are number of reasons why outsourcing is so important even more so now due to section 24 it will effect profits and taxes. A business can increase its profits in 2 ways Increasing revenues – in this case is increase rents, but this is dependent upon the market conditions. Reducing costs – this is …
So, you are about to put your property on the market how to you pick the right agent to get this SOLD for you? There are so many options so firstly go into their offices and get a feel for them and how they work. Always try to speak to the manager and then ask …
