Category: Landlord Advice

Universal Credit and landlords

Posted: 3rd Nov 2017

From the high cost of calls to the Department of Work and Pensions helpline, to the six-week delay until back-dated benefit payments are received, media coverage of the government’s rollout of the new system of Universal Credit has – quite reasonably – focussed on the plight of affected recipients. Universal Credit – in a nutshell Read the full article…

Are you increasing your rents?

Posted: 14th Oct 2017

Landlords of buy to let property have been under increasing financial pressure in recent years. Probably the biggest challenge to running a profitable business has been the effective increase in taxation, following the decision to abandon tax relief on mortgage interest repayments paid by landlords. But other regulations, such as an increase in Stamp Duty, Read the full article…

Protecting yourself from property fraud

Posted: 3rd Oct 2017

Property fraud is one of the fastest growing crimes in the UK, according to press reports. The principle is alarmingly straight forward and simply described by the property website Just Do Property. It involves the effective theft of your property by criminals who steal your identity and, by impersonating you, go on to mortgage or Read the full article…

Should I turn my let property into an HMO?

Posted: 14th Aug 2017

Some buy to let property is especially suited for use or for conversion into dwelling units comprising bedsits or bedrooms, for tenants prepared to share facilities such as a kitchen and bathroom and toilet. From the landlord’s point of view, space in the property is maximised, fewer facilities need to be installed than in self-contained Read the full article…

Landlords adapting to market changes

Posted: 6th Jul 2017

Contrary to many expectations, landlords and prospective landlords seem to be increasingly attracted to investment in the buy to let property market. According to a Property Investor Survey on the 7th of June 2017, the proportion of landlords looking to increase their property holdings has increased by 48% since November 2016 and is up by Read the full article…

The curse of rent arrears

Posted: 5th Jun 2017

Bad debts are the scourge of many a business – and, for landlords of course this takes the shape of rent arrears. Managing any rent arrears is important for the cashflow of any buy to let business and the bottom line of any profit you expect to make – an especially critical consideration at a Read the full article…

Landlords and cannabis farms

Posted: 26th May 2017

It might be something you never thought you’d have to worry about as a landlord, but there is growing evidence that some tenants are using private rented accommodation for the cultivation of cannabis. Time was, when criminals choose relatively large industrial and commercial buildings in which to develop cannabis farms, explains a booklet published by Read the full article…

Making some MEES time

Posted: 4th May 2017

Does the acronym “MEES” or the expanded “Minimum Energy Efficient Standards” mean anything to you? If they’ve both drawn a blank, then you may have cause for concern. MEES If you’re in the dark about the above, you’re far from alone. Some recent surveys have indicated some pretty worrying statistics: around two-thirds of landlords are Read the full article…

What attracts tenants?

Posted: 29th Apr 2017

Knowing what attracts your tenants and understanding what they want from their rented accommodation, is an important part of being a landlord. The knowledge gives you vital market information, allowing you to optimise the rent you charge, the priority you attach to given aspects of the tenancy, and allows you to target particular tenant groups. Read the full article…

How to keep a tenant

Posted: 26th Apr 2017

How to keep a tenant? It’s a question that has taxed many a landlord. Our own research has indicated that tenant trends are changing. It’s becoming increasingly unusual for tenants to stay in long-term rental situations and that’s something which might be a challenge for some landlords. Typically, a landlord wants stability and predictability of Read the full article…