There’s a common misconception that owning property is the key to an easy life. Surely, it’s just a case of getting a tenant in there, then sitting back and watching the cash roll into your bank account every month? Well, if you’ve been in the business a little while, you’ll know that quite often isn’t the case.
Buying a property to rent out can be a fantastic business proposition if you have some cash spare and you’re looking for something that’s a fairly risk free option. Before you rush into anything though, it pays to do your research and know exactly what it takes to be a successful landlord.
You might have been thinking that an inventory company could be an expense that your letting agency could do without, but now that you have the full picture, can you really afford to consider any other options?
We take responsibility and look after you during your time of renting. It’s always better to make sure you’re covered just in case you do experience a bad tenant that is causing more of an expense than a profit.
It can be difficult being a landlord, some people say it’s easy money as all you’re doing is renting a property to someone who will pay you the rent and treat the property as their home. Unfortunately, this is not always the case. It can be hard finding the right tenant especially when you have no idea how they are going to treat your rented out home. So what’s the worst a landlord could face?
Lime scale — that chalky white film from hard water — can show up on your kitchen taps, appliances and bathroom fixtures. Unsightly in the short run and potentially damaging in the long run, lime scale can be tough to eliminate. Here are the best strategies to get rid of the problem.
A change in the law in February 2014' has seen a tightening of safety regulations for blinds and shutters in the European Union, following 27 fatalities since 1999 where babies and young children have become entangled with internal window blind cords and chains in the UK alone.
New regulations will be laid in Parliament to require landlords to install smoke and carbon monoxide alarms in their properties, and are expected to come into force, subject to Parliamentary approval, on 10 October 2015.
Many Inventory company sites boast that they are ‘’market leaders’’ or ‘’professional’’ In truth, allot of these companies are quick start-up businesses who have little or no accreditations or experience what so ever.
Choosing an inventory company isn’t a decision that you should rush into, but if you make sure that you look for these key things, you’re in a great position for getting a high quality job carried out with the least possible amount of fuss.
Read our cleaning tips and tricks of the trade
Whether you’re new to the field of buy to let or you’ve been in the business for many years, there are certain mistakes that you can make that can make your life much harder than it needs to be.
The environment is something that has grown on the national consciousness over the last few years. We have all become aware of measures the government is taking to lower our ‘carbon footprint’ in accordance with the Kyoto Protocols. One lesser-known measure is the introduction of Energy Performance Certificates EPC. These are just as vital to rental property as a check out report or tenancy agreement. They also apply to new build houses and properties being sold.
Landlords are still pushing for ‘betterment’ at the end of tenancies and many have unrealistic expectations of what they can claim against tenant deposits.