When renovating a rental property, every landlord has a budget – and it’s usually a pretty strict one. While you want your tenants to live somewhere nice, running a rental property is a business, and protecting your bottom line is always important.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: London landlords look to sell before legislation hits ; Wales leads for UK landlord yields ; Halifax cuts mortgage rates as other lenders hold or raise deals ; The cost of renting in the UK reaches record highs ; Five essential autumn home maintenance tasks to keep your insurance valid ; Private rented sector must be protected and nurtured … Happy reading and… renting!
Generally, it’s fairly easy to tell if a property portfolio is making money. But identifying areas where income can be maximised isn’t so straightforward. It requires strategic tracking, concise expenditure mapping, and deliberate planning to achieve. Tracking KPIs (Key Performance Indicators) is the first step for landlords aiming to grow their portfolio and maximise returns. In property management, KPIs represent measurable aspects of the business that landlords can monitor and improve to drive long-term success.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: Homes priced too high take twice as long to sell ; Higher stamp duty rates cause property market slowdown ; Lenders raise rates despite base rate cut ; What is next for UK interest rates? ; Surge in rental scams targeting young tenants ; Rents fell in August as inflation grew ; Renters’ Rights Bill could create 1 million new pet owners… Happy reading and… renting!
Many landlords look to expand their property portfolio, but with rules and regulations continuously growing (not to mention changing tax returns and tenant rights), managing multiple rental properties is getting trickier. Streamlining property management is more important than ever to keep your business profitable and compliant. But as portfolios grow, so do your responsibilities as a landlord. Administration, managing payments, and maintenance requests grow, making it harder to stay on track.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: Property market sees a slump in buyer searches; Why UK rental prices could rise by 25 per cent in three months; Mortgage recovery hinges on a Bank of England interest rate cut; Rents increase 5.9% to £1,343 in July: ONS; How to increase the value of your rental property… Happy reading and… renting!
Submitting tax returns is part and parcel of being a landlord and, unfortunately, there’s no way of avoiding it. Even if you have an accountant, you’re still responsible for tracking expenses and submitting evidence. You can reduce the tax you pay by claiming all allowable expenses. These can be complex to track, but there are ways to make managing your tax return as a landlord easier, from utilising technology (like property management software) to understanding the rules carefully.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: Buyer’s market sees July prices plummet; London’s lettings market booms with increased supply; BTL lenders boost options for landlords; Less than half of tenants have contents insurance; 8 common tenant complaints and how to handle them professionally; Impose rent caps and landlords won’t invest… Happy reading and… renting!
Ten years ago, no one could’ve predicted the way the rental market has shaped up in recent years. But right now, we have more intel than ever about what innovations are taking UK property management by storm, and what policies renters are aligning themselves with for the future. From flexible tenancies to digital conveniences, there are several trends and innovations emerging in the rental market, with some preferences driven by tenant finances, and others simply by a changing world.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: UK’s Build-to-Rent sector sees record £832m investment; UK house prices drop as motivated sellers slash asking prices; UK mortgage approvals drop for third month in a row; More than half of tenants will challenge rent rises; Rental reforms will not work unless Govt provides clarity; Government’s EPC targets for landlords are ‘unrealistic’… Happy reading and… renting!