Pets can make a property feel more like home for tenants, so it’s just intuitive to make some provisions for them if you want to boost your rental income.
However, before you commit, it pays to weigh the pros and cons. Pets can damage property or annoy neighbours if rules aren’t set. But a pet-friendly policy also attracts great tenants who stay longer.
If you recently purchased a buy-to-let (BTL) property, you’re probably projecting just how much rental income you’ll generate over the next few years. However, the work’s just getting started.
As any experienced landlord knows, managing repairs and renovations is key to keeping tenants happy and profits flowing. But how should you go about it?
You’ve heard of timeshares, right? Shared holiday homes where you buy just a slice of the property…
Well, fractional real estate takes that idea and turbocharges it. We’re talking about high-end property investment in prime locations with the opportunity to own a fragment of a multimillion-dollar asset. Sounds too good to be true? It just might be.
There are several benefits and downsides of fractional real estate ownership, and it’s important to evaluate both sides for a sound investment decision. Let’s begin by outlining what this property investment strategy is all about.
Did you know that England and Wales experienced 273,076 burglary cases in the year ending September 2023?
As a landlord, you want to protect your property and tenants. But how do you secure a rental from threats like burglary, fire, water damage, and unruly residents?
Don’t sweat it; we’ve got your back. Join us in this read, where we explain how to secure a rental property. We’ll walk through essential tips to safeguard your BTL property so you can sleep easy at night, knowing your rental is protected.
A good measure of a (buy-to-let) BTL’s cash flow is the rental yield. To achieve a healthy cash flow for your BTL property, it’s important to aim for rental yield values of at least 5%. But what does that actually mean for your bottom line?
Understanding cash flow helps you determine if your rental property is profitable and worth keeping. In this article, we’ll cover what cash flow is, why it matters, and how to calculate it for your BTL so you can make the most of your investment. Let’s start by understanding the importance of cash flow for BTL.
With about a 32% increase in eviction notices served to tenants between 2022 and 2023, landlords have increasingly found reasons to evict tenants in the UK. But this doesn’t mean eviction is straightforward; tenancy law is complex, and there are lots of legal procedures to adhere to.
In this comprehensive guide, we’ll walk you through the step-by-step process of how to evict a tenant in the UK, ensuring you comply with the relevant laws and regulations.
But first, let’s start by examining the different types of tenancy agreements, as it’s crucial to help you assess what eviction rules apply to you.
You want to make sure you’re charging the right rent for your buy-to-let (BTL) property. Set it too high, and your property may sit empty for months. Set it too low, and you’re leaving money on the table that could help pay off your mortgage.
Before we show you how to set the right rent price for your BTL, let’s consider the factors that determine rent price.
As an independent landlord in the UK, it’s crucial to understand how to reduce tenant turnover and minimise vacancy.
This comprehensive guide will walk you through the various factors contributing to tenant turnover and how vacancy impacts revenue. It’ll also outline practical solutions and strategies to manage and retain your tenants effectively, ultimately reducing turnover and minimising vacancy periods.
Are you a property owner who’s recently decided to rent out your space?
That’s great, but you must be prepared for the responsibilities that come with being a landlord. One of the mistakes landlords make when renting is not educating themselves on tenancy regulations.
As much as you’d like to, there are certain things you just can’t do as a landlord. We’ve compiled a handy list of 5 things landlords are not allowed to do while renting their property.
Being a landlord can be lucrative, but pitfalls can lead to headaches and costly mistakes. With so much to keep track of, it’s easy to overlook a few essential details. Fortunately, there are simple steps to minimise your chances of making a costly error when renting out your property.
Let’s look at the seven most common mistakes landlords make when renting in the UK and how to avoid them.
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