As a landlord, DIY is likely your middle name. Not only when it comes to renovations – fixing a sink here and splashing paint on a scuffed wall there – but in how you manage your property overall.
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: Stamp duty changes and budget uncertainty will impact housing market in 2025; UK house prices fell in December; Interest rates could fall to 2.5%, economist predicts; The importance of building insurance for landlords; Corporate landlords replacing private buy to let landlords; 2025: A perfect storm for landlords and tenants?… Happy reading and… renting!
Vacant properties tend to be a landlord’s worst nightmare. A tenant moving out unexpectedly leaves most landlords scrambling to find a replacement occupant as quickly as possible – and understandably.
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.
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.
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.
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.
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.
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.
