Common sense tenant referencing was pretty much the only option available when I first became a landlord and started letting property in the late 1980’s.
In this article I am going to explain what my family do to find the next perfect tenant, right from the day an existing tenant let’s us know that they want to move out. More often than not these days, tenants think they can serve notice with just a phone call, email, facebook or text message – more about that later. Continue reading Tenant Referencing Using Common Sense
Having spent a lot of time lounging around the swimming pool and on the beach over the last few weeks (wedding and honeymoon in Florida) I couldn’t help thinking about creating a “Charter for Good Landlords”. Perhaps that’s a bit sad but hey, it’s the way my mind works and I can assure you it wasn’t the number one thing on my mind if you get my drift (wink wink). Continue reading Charter for Good Landlords
Have you ever heard people say that buy to let is NOT regulated?
Well I think they are wrong, VERY wrong, and in this article I will explain why.
Before I start my list though, I should mention the laws affecting us are imposed by a multitude of different organisations which can impose their authority. Continue reading Some say Buy to Let is NOT Regulated – WRONG!
Tenant Referencing comes in many guises but in this article I am going to focus on how landlords can outsource a major piece of due diligence and pass the risks of tenants failing to pay rent onto an insurance company by purchasing Rent Guarantee Insurance “RGI”.
The concept itself is very simple. The insurer performs checks on the tenant which allows them to establish that rent is affordable and is likely to be paid. The insurance company then insure against the risks to the landlord in the event of non-payment on the part of the tenant. This is what happens if the tenant stops paying rent if you have purchased an RGI policy and followed the correct procedures:- Continue reading Insuring against the risks of non-payment of rent