Understanding rent guarantee insurance: Is it worth it for landlords?

Understanding rent guarantee insurance: Is it worth it for landlords?

The costs of being a landlord are ever-increasing and it’s tempting to shave a few pounds off the bottom line whenever you can. But is skipping rent guarantee insurance the way to do it? It certainly comes with its risks. Rent guarantee insurance offers financial protection to landlords in case the worst happens. But how likely is it? Are there cheaper options? And what exactly is the financial protection you get from having insurance?

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Landlord press review: November 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: What is going to happen to house prices next year?; Chronic shortage of rental homes to worsen due to Labour squeeze on landlords; Mortgage rates won’t dip below four per cent this year, experts say; Tenants want greener homes – but not higher rents; Rents drop 12% in October as market cools off; Is the government destroying the UK’s rental market?; Stamp duty hike: a ‘bitter but manageable pill to swallow’ for UK landlords… Happy reading and… renting!

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Investing in a Buy-to-Let property with family or friends: risks, benefits and expert tips

Investing in a Buy-to-Let property with family or friends: risks, benefits, and expert tips

Co-investing in a buy-to-let property with friends or family – is it a good idea? It certainly can be, but it’s important to get the full picture before jumping in headfirst. In this article, we’ll explain the many benefits that come with investing in a buy-to-let property with family or friends as well as the risks involved. At the end, we’ll share our top tips on how to make investing with people you know work as it should.

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Landlord press review: October 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: Rising buyer confidence boosts UK residential property market; UK’s fastest selling property market revealed; Major UK banks including HSBC, NatWest and Barclays increase mortgage rates; Edinburgh named on list of most expensive places to rent in the UK; New calls to tackle a ‘rental affordability emergency’; Section 21 ban could trigger eviction surge… Happy reading and… renting!

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How to amend an existing tenancy agreement: A step-by-step guide for landlords

How to amend an existing tenancy agreement: A step-by-step guide for landlords

Changing an existing tenancy agreement must be done right. Properly recording the changes protects landlords from accidentally invalidating a contract or breaching a tenant’s rights. In this article, we’ll explain how to change an existing tenancy agreement step-by-step and offer guidance on the most important elements to consider.

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Landlord press review: September 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 rental growth slows to 33-month low; Manchester tops list of most popular first-time buyer hotspots in the UK; Lower mortgage rates keep first-time buyers in London; 21 tenants competing for each rental – is buy-to-let worth it for landlords?; What are the risks and benefits of buying a house with a friend or sibling?… Happy reading and… renting!

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Viewing a buy-to-let property: Key points to consider before investing

Viewing a buy-to-let property: Key points to consider before investing

Every good buy-to-let investment starts with a viewing. When first laying eyes on your potential investment, certain points must be considered to determine if it’s going to be a money maker or a financial black hole. In this article, we’ll talk through the most important points to consider before investing in a buy-to-let property. We’ll share our advice on how to decide during a viewing whether it’s the right property for you.

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Landlord press review: August 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: A 2% increase in house prices by end of 2024; UK house prices drop by more than £5,000 in August; Mortgage arrears largely unchanged in Q2; One in 20 tenants have missed rent payments over the last 12 months; UK rental market booming with record rents and 17 enquiries per property; How to avoid bad tenants as a landlord; Stamp duty relief blow for first-time buyers… Happy reading and… renting!

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Navigating rent increases: When and how to raise the rent

Navigating rent increases: When and how to raise the rent

Growing revenue is essential for landlords to keep up with inflation. One key way to increase earnings is through rent increments. And with recent data showing that UK rents rose by 6.2% year over year, now is the perfect time to increase your rent. However, you need to maintain a delicate balance between profitability and tenant satisfaction. Factors to consider include local market conditions, legal restrictions, your property’s unique circumstances, and the proper way to notify tenants.

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Landlord press review: July 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: Steady rise in house prices points to growth in confidence; UK Build to Rent investment hits record high; ‘New normal’ will be mortgage rates between 3.5% and 4.5%; Government urged to fix renting crisis as rents rise by 35 per cent in Shropshire; Cheapest places to rent as Black Country named most affordable for housing; Renters reveal top ‘deal-breakers’ when looking for rental property… Happy reading and… renting!

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