Like every month, Rentila offers you an overview of the main real estate news of interest to landlords. This month, we focus on property purchases on hold due to COVID-19, how to find and compare the best mortgages in May 2020, offset mortgage rates cheaper than standard fixes, landlords are supporting their tenants during lockdown… Happy reading and… renting!
Being a landlord is a huge undertaking. It’s not a passive form of income whereby rent money just lands in your bank account every month over and above your mortgage payment. If only! Landlords have several concerns heading into 2020. Here we list landlord’s biggest worries.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords. This month, we focus on housing market shutdown, coronavirus and what it means for your mortgage and your rent, mortgages helped by payment holidays, spike in tenants not paying rent, covid, covid… Happy reading and… renting!
Renovating properties to let them to tenants can be a great way to buy a property cheaply and increase the value of your investment. However, there are lots of mistakes that landlords, and particularly new landlords make. Follow these tips to renovate perfect rental properties which withstand wear and tear and are appealing to prospective tenants.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords. This month, we focus on mortgage lending growth with low rates, renting during coronavirus and UK housing gap. Happy reading and… renting!
Like everything in life, you may as well be better at something than just getting by. You can be a better landlord by taking some simple steps. When you’re a better landlord, your tenants will be happier and are likely to stay longer. Not just that, by following simple steps you’ll be making life easier for yourself.
Some of these tips for being a better landlord are common sense and some you might not have considered.
As with everything in life, things are never quite as simple as you may think. If you’re a new landlord or you’re thinking about letting property as a career or side hustle, there are hidden costs that you need to budget for. If you only account for mortgage costs when setting a rental value you could be in for some nasty surprises down the line.
Before you even advertise your property for rent you need to account for several hidden costs. You need to be in a financial position to deal with the unexpected costs you may encounter. This means you should always have a contingency fund. As a rule of thumb, it’s recommended that you have around 30% of your gross annual rental income set aside to deal with hidden costs such as advertising for new tenants, repairs, and redecoration.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords. This month, we focus on investment returns, interest rates and UK housing market. Happy reading and… renting!
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords. This month, we focus on house prices, rent prices, tenants behaving badly, and maximising property investment gains. Happy reading and… renting!
The days of a rent book and a handshake – being all was required to rent a property are a long distant memory. Even if you’re just a landlord with one property, there’s no getting away from compliance in today’s rental industry.
That’s not just a case of making sure appliances are safe, and you’re fully insured. Because landlords store information about their tenants then they must now be GDPR (General Data Protection Regulations) compliant.
The EU regulations now in force were intended to tackle conglomerates such as Facebook’s use of personal data. But the legislation applies to every business and landlord. That’s why a rudimentary understanding of GDPR is essential. In this quick guide, we lay down all the need-to-know facts about GDPR.