Category Archives: Rentila

Posted in Real estate news, Rentila.

Landlord press review: November 2023

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 Last updated 28/11/2023
Landlord press review

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: Big increase in value of UK’s build to rent sector predicted; What is currently happening in the UK property market?; Bank of England expected to keep interest rates unchanged again; London found to be the only region to have unaffordable rent; 32% of landlords are looking to buy property; Tenancy fraud: strategies for landlords… Happy reading and… renting!

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Posted in Advise, Rentila.

5 Things Landlords Are Not Allowed to Do While Renting

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 Last updated 01/11/2023
Things Landlords Are Not Allowed to Do While Renting
Summary
  1. Landlords cannot enter a tenant’s home without proper notice
  2. Landlords cannot increase rent without following proper procedures
  3. Landlords cannot harass or discriminate against tenants
  4. Landlords cannot lock out tenants without going through an eviction process
  5. Landlords cannot retaliate against tenants for complaining of poor conditions
  6. FAQ’s
  7. Things to remember

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.

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Posted in Rentila.

Most Common Landlord Claims in a Buy-to-Let Property

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 Last updated 02/10/2023
Most Common Landlord Claims in a Buy-to-Let Property
Summary
  1. 6 Typical Landlord Claims in a Buy-to-Let Property
  2. Liability Claims for Injuries to Tenants
  3. Legal Expenses for Evicting Problem Tenants
  4. FAQs
  5. Things to remember

As landlords in the UK, there’s more to owning rental property than just collecting the monthly rent payments. Countless things can go wrong, from leaky roofs to broken boilers and tenant damages.

That’s why buy-to-let insurance is so important — it helps protect your investment and ensures you’re covered financially if something unexpected happens.

That said, what are the most common landlord claims in a buy-to-let property?

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Posted in Rentila.

The 5 Major Types of Real Estate Investors

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 Last updated 21/09/2023
The 5 Major Types of Real Estate Investors
Summary
  1. Residential Real Estate Investors: Focusing on Housing
  2. Commercial Real Estate Investors: Investing in Business Properties
  3. Real Estate Investment Companies: Letting the Pros Handle It
  4. Real Estate Investment Trusts (REITs): Investing in Real Estate Stocks
  5. Real Estate Crowdfunding: Pooling Money Together
  6. Frequently Asked Questions
  7. Things to remember

When it comes to real estate investing, you have so many options. Maybe you want the thrill of flipping houses for a profit. Or perhaps you’re more interested in the long game of buy-and-hold rental property investing. Either way, choosing the right investment strategy for your needs and risk tolerance is critical.

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Posted in Rentila.

5 Things Tenants Are Not Allowed to Do While Renting

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 Last updated 29/08/2023
5 Things Tenants Are Not Allowed to Do While Renting
Summary
  1. Unauthorised Alterations or Damages to the Property
  2. Subletting or Assigning the Lease Without Consent
  3. Failing to Pay Rent on Time
  4. Noisemaking and Disturbing Neighbours
  5. Illegal Activities on the Premises
  6. Frequently Asked Questions
  7. Things to remember

As an independent property owner, you need to find good tenants, set fair rules, and keep everyone happy. However, there are certain things tenants are not allowed to do while renting, and you should know about these to save you from any potential headaches.

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Posted in Rentila.

Transforming an Inherited Home Into a Buy-to-Let Goldmine

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 Last updated 03/07/2023
Transforming an Inherited Home Into a Buy-to-Let Goldmine
Summary
  1. Evaluate the property’s potential
  2. Handle the legal aspects
  3. Determine a budget and secure financing
  4. Make necessary repairs and upgrades
  5. Market the property and screen tenants
  6. Frequently Asked Questions
  7. Things to remember

Inheriting a house from a relative is one thing; knowing what to do with it is another. It’s understandable if you’re confused about the latter — perhaps the location isn’t ideal for you to live in yourself, or the property needs extensive renovations you can’t afford right now.
Rather than selling the house and missing out on future opportunities, have you considered turning it into a buy-to-let investment property?

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Posted in Real estate news, Rentila.

Landlord press review: June 2023

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 Last updated 26/06/2023
Landlord press review

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 industry reacts to latest house price data; British home prices to slip but won’t come crashing down; Inflation drops but further BoE rate rises ahead?; Rents across UK rise at fastest pace on record; North East named as most affordable region to rent in UK; Bailiff crisis will make it harder for landlords to evict tenants… Happy reading and… renting!

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Posted in Advise, Rentila.

7 Common Mistakes Landlords Make When Renting

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 Last updated 01/06/2023
7 Common Mistakes Landlords Make When Renting
Summary
  1. Not Doing Proper Tenant Screening and Background Checks
  2. Lacking Adequate Insurance Coverage
  3. Not Having a Comprehensive Tenancy Agreement
  4. Failing to Protect the Security Deposit
  5. Not Keeping Accurate Records and Paperwork
  6. Not Understanding Tax Obligations
  7. Not Staying Up-to-Date With the Regulations
  8. Frequently Asked Questions
  9. Things to remember

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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Posted in Real estate news, Rentila.

Landlord press review: May 2023

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 Last updated 24/05/2023
Landlord press review

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 rental housing less affordable than in 2019, ONS says; North east labelled as ‘buy-to-let capital of Britain’; Mortgage costs see ‘meteoric’ rise since last royal coronation; Major blow for homeowners as BoE set to raise interest rates; Rental supply set for further squeeze; Top Things You Must Do As A London Landlord; 80% of landlords say they have carried out EPC work… Happy reading and… renting!

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Posted in Advise, Rentila.

Spotting the Next Up-and-Coming Area for a Great BTL Investment

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 Last updated 02/05/2023
Spotting the Next Up-and-Coming Area for a Great BTL Investment
Summary
  1. Evaluate Historical Results
  2. Use Local Knowledge to Identify Opportunities
  3. Do Your Research on Local Employment and Demographics
  4. Analyse Rental Prices, Vacancy Rates, and Yields
  5. Take a Closer Look at the Location’s Infrastructure and Amenities
  6. Frequently Asked Questions
  7. Things to remember

Property can be a great way to generate income and increase wealth, but it requires careful research and planning. You need to know how to spot the areas that will offer the greatest return on investment (ROI) and how to manage your properties so they remain profitable.

This article offers five insightful tips to help you find the perfect buy-to-let (BTL) investment opportunity. And by the end, you’ll have all the knowledge you need to make an informed decision about your next BTL investment.

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