Category: Landlord Advice

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…

CMP to be made compulsory for letting agents

Posted: 5th Apr 2017

There are changes on the way for the CMP (Client Money Protection) scheme. These will be beneficial to the industry at large and it’s important that landlords and letting agents understand them. The background Prior to 2007, disputes could arise when tenants were unable to obtain refunds of sums they’d paid to letting agents as Read the full article…

Dealing with mould

Posted: 23rd Mar 2017

It is widely understood that living conditions have a considerable impact on individuals’ health. One of the most prevalent causes of unhealthy living conditions is mould and damp. The National Health Service (NHS), for example, is unequivocal in identifying mould as the cause of: respiratory infections and problems; allergies; asthma; and damage to individuals’ immune Read the full article…

What happens if my property suffers a leak?

Posted: 7th Mar 2017

Water leaks may occur at practically any time of the year, although systems tend to be more vulnerable during the winter time, if pipes have been allowed to freeze and rupture. The leak may be obvious and immediately noticeable, or it may be a hidden and insidious leak which is difficult to trace. Whatever the Read the full article…