Posted in Real estate news.

Landlord press review: June 2024

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 Last updated 25/06/2024
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: Asking prices for UK homes hit record high; Will UK house prices fall?; 21% of new first-time buyers stretch mortgage terms for more than 35 years; Rents rise 9.1%, London and Scotland outperform rest of UK; What does cooling inflation mean for house prices and mortgage rates?; Tenants increasingly stay put while homeowners move more frequently… Happy reading and… renting!

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Posted in Advise, Rentila.

How to manage renovations and repairs when purchasing a BTL property

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 Last updated 16/12/2024
How to manage renovations and repairs when purchasing a BTL property
Summary
  1. Understanding your responsibilities for rental property maintenance
  2. Creating a proactive maintenance plan
  3. Establishing a repair and renovation budget
  4. Communicating with tenants about repairs and renovations
  5. FAQ’s
  6. Things to remember

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?

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Posted in Real estate news.

Landlord press review: May 2024

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 Last updated 24/05/2024
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: ONS sees prices up 1.8% in year to march as inflation falls further to 2.3%; Smaller homes drive house price growth; Mortgage rates will fall again, but not any time soon; Average UK rents close in on £1,300 a month; Why invest in a 2-bed apartment?; What is shared ownership? A myth-busting guide… Happy reading and… renting!

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Posted in Advise, Rentila.

The pros and cons of fractional real estate ownership

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 Last updated 03/05/2024
The pros and cons of fractional real estate ownership
Summary
  1. What is fractional real estate ownership?
  2. Pros of fractional real estate investing
  3. Cons of fractional real estate investing
  4. Other alternative real estate investment options
  5. FAQ’s
  6. Things to remember

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.

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Posted in Real estate news.

Landlord press review: April 2024

Posted on by
Rentila logo
 Last updated 24/04/2024
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: 18% more sales in UK property investment market; Renting could boom due to prices in UK housing market; Interest rates remain frozen – when will the Bank of England cut the cost of borrowing?; Annual rent rise is the highest ever recorded; Most tenants say they have good landlords… Happy reading and… renting!

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Posted in Advise, Rentila.

How to secure a rental property: guide for landlords

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 Last updated 06/04/2024
How to secure a rental property: guide for landlords
Summary
  1. Securing property against burglary
  2. Protecting rentals from fire damage
  3. Preventing water damage in rental units
  4. Dealing with unruly tenants
  5. FAQ’s
  6. Things to remember

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.

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Posted in Advise.

What is a healthy cash flow for your BTL property?

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 Last updated 03/04/2024
What is a healthy cash flow for your BTL property?
Summary
  1. The importance of Buy-to-Let cash flow for investors
  2. How to calculate cash flow for a rental property
  3. What is considered a healthy cash flow amount?
  4. 3 tips to improve your Buy-to-Let cash flow
  5. FAQ’s
  6. Things to remember

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.

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Posted in Real estate news.

Landlord press review: March 2024

Posted on by
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 Last updated 23/03/2024
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 housing market offers room for growth as demand improves; House prices will fall 2% this year – OBR; Mortgage rate rises branded ‘March madness’ by brokers as banks hike home loan costs; First-time buyers turning to 35-year mortgages amid higher interest rates; Rent expected to surge by 16% in UK property market; Short-term lets to require planning permission under new proposals… Happy reading and… renting!

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Posted in Advise, Rentila.

How to evict a tenant in the UK

Posted on by
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 Last updated 04/03/2024
How to evict a tenant in the UK
Summary
  1. Understanding the different tenancy agreements
  2. How to evict a tenant in the UK
  3. 4 Important considerations and legal tips when evicting tenants
  4. FAQ’s
  5. Things to remember

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.

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Posted in Real estate news.

Landlord press review: February 2024

Posted on by
Rentila logo
 Last updated 27/02/2024
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 property market is a buyer’s market in 2024; Rental market set to expand by 1M households by 2031; Sunak considers radical plan for 99% mortgages to help first-time buyers; Survey reveals what UK renters want from their homes; Dozens of landlord repossession claims threaten renters; Average time to sell a home in London ‘was twice that in Scotland in 2023’… Happy reading and… renting!

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