Posted in Rentila.

Landlord press review: January 2021

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 Last updated 23/01/2021
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 house prices end 2020 on record high but growth slows; London saw greatest number of homes bought in 2020; Property sector can build UK out of Covid crisis; Top tips on how to get a mortgage if you’re self-employed; HSBC UK will re-introduce 10% deposit mortgages; Coronavirus: 840,000 renters are in arrears; Mayor of London calls for eviction ban extension for private renters; These are the top 20 happiest places to live in Britain… Happy reading and… renting!

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Posted in The basics.

10 Tips for the First-time Landlord

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 Last updated 11/12/2020
10 tips for the First-time Landlord
Summary
  1. Make wise renovations
  2. Get the best deals
  3. Get insurance that guarantees rent
  4. Get your certificates
  5. Screen your tenants
  6. Make rent payments easier
  7. Establish a pet policy
  8. Check on your property
  9. Build a rapport with your tenants
  10. Keep organised records
  11. Things to remember

If you’re a first-time landlord in the rental business, there are lots of things to learn to maximise the profits of your new business venture. Take a few minutes to check out our 10 tips for first-time landlords.

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Posted in Rentila, The basics.

How to manage properties alone: A simple guide

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 Last updated 02/02/2021
How to manage properties: A simple guide
Summary
  1. Setting up and managing tenants
  2. Managing property
  3. Managing finances
  4. Things to remember

Using a property manager can seriously eat into your margins. London property managers typically charge 10-30% of the rental value. With these kinds of charges, you’ll be forced to raise the rental value making your property less competitive. It’s easy enough to manage properties yourself. Start by managing one property and then as your portfolio gets larger, you’ll be organised and able to scale the task. Check out our quick guide on how to manage properties.

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Posted in Advise.

Co-living Explained for Landlords

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 Last updated 12/10/2020
co-living
Summary
  1. Co-living explained
  2. Typical Renters of co-living spaces
  3. Why should landlords consider co-living?
  4. Other benefits
  5. Considerations
  6. Extras and add-ons
  7. Things to remember

If you’re a landlord looking to increase margins, then you need to know about co-living. It’s a new market for the UK and savvy landlords are itching to get in on this cash cow rental sector. In this quick guide, you’ll find co-living explained for landlords in full. So dig in!

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Posted in Advise.

7 things you need to know before you become a landlord

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 Last updated 14/04/2021
RGPD y el Sector Inmobiliario
Summary
  1. Join an association
  2. Don’t skimp on insurance
  3. Vet your tenants well
  4. Look after your tenants
  5. Know who to turn to in an emergency
  6. Make sure you don’t break the law
  7. Remember you’re running a business
  8. Important things to remember

Becoming a landlord is no small decision. It can give you monthly income and allow you to acquire properties that can be used for retirement funds and inheritance. Before you make this huge business, career, and financial decision read our quick guide on things you should know before you become a landlord.

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Posted in Advise.

7 Tips to Save Money As a Landlord

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 Last updated 25/05/2021

7 Tips to Save Money As a Landlord

Summary
  1. Grab a bargain
  2. Smaller properties!
  3. Shop around for the best rates
  4. Do work yourself
  5. Avoid void periods
  6. Manage properties yourself
  7. Choose one paint

With new tax changes in 2020 squeezing margins for landlords, it’s becoming more difficult to turn a profit each month. It’s important that rental entrepreneurs protect their bottom line. So here are 7 of the best tips to save money as a landlord.

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Posted in Advise.

What can your landlord deduct from your deposit?

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 Last updated 15/01/2021
Tenancy Security Deposit
Summary
  1. Unpaid Rent and Bills
  2. Redecoration
  3. Cleaning
  4. Gardening
  5. What your landlord cannot deduct for – Wear and Tear
  6. How to get your deposit back
  7. Tenant’s Checklist: Things to Remember

Moving home is stressful enough without wondering if your landlord will return your deposit. Landlords deduct for many reasons. But gone are the days of ruthless landlords who would keep your tenancy deposit, come what may. It’s now law for your deposit to be protected in a government scheme. There, it will stay, until it comes time to move on. It’s at this point you can make sure the property is in good condition and your landlord deducts the correct amount.

There’s no point asking for a full deposit if there are issues with the property. Your landlord may deduct money from your deposit for several things. In this short guide we detail what your landlord can and cannot deduct from your deposit.

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Posted in Advise.

What are Landlord’s Biggest Worries?

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 Last updated 15/01/2021
What are landlords biggest worries?
Summary
  1. Tax
  2. Rental Payments
  3. Refusing to Leave
  4. Repairs
  5. Brexit 
  6. Void Periods
  7. Important things to remember

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.

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Posted in Advise.

How landlords can renovate and decorate the perfect rental properties for tenants?

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 Last updated 25/07/2021
How landlords can renovate and decorate the perfect rental properties for tenants?
Summary
  1. Decorating Walls
  2. Double Glazing
  3. Floors and Carpets
  4. Furnishings
  5. Shelves and Paintings
  6. Kitchens and Bathrooms
  7. Curtains and Blinds
  8. Important things to remember

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.

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