Scottish landlords want at least three things from their tenants:-
– Rent paid on time
– Respect the property
– Respect the neighbours
There are many ways to find these perfect tenants and to insure against the risks of any problems. The cost of full property management in Scotland has been increasing as agents are having to pass on costs landlords previously paid by tenants. Continue reading Lettings package exclusively for Scottish Landlords
Corporate investment in student letting was up 50% to £1.15 billion last year as rents and yields continue to go through the roof.
The flood of institutional money into student accommodation has continued in the first three months of 2012 with nearly £250 million invested, according to property consultants CBRE. Continue reading Corporates sink millions into student letting
Rows of unsightly “To Let’ boards outside buy to let homes could be banned if MPs vote in favour of a proposed new law.
Some cities already have local planning rules limiting the size, colour and number of boards, but Newcastle East MP Nick Brown wants to extend the law nationwide. Continue reading MP campaigns to ban ‘To Let’ boards
After reading Experian launches rent payment profile for tenants, I am perfectly prepared to give a person a chance for a new start but I cannot afford to take people who will not pay their rent. Many landlords feel like this too. Many of us are in a position to pick and choose our tenants and just won’t take a chance but we all need to remember, as the all financial investments warn, “Past performance is no guarantee of future” and those landlords who avoid tenants on LHA are just one P45 away from that tenant. Continue reading Reducing/avoiding rent arrears – I’ll have some of that please
LHA Top Tips for landlords. Article 3 in a series of 8
The longer you keep a tenant the less paperwork and voids you will experience. Start by finding a tenant you feel confident is right for your property and your management strategy and start as you mean to continue.
Continue reading Finding reliable LHA tenants
New online services are springing up that let property people and renters share information about ‘bad’ landlords and tenants – but are the details fair and accurate?
The problem for a landlord is these sites can open the door for equality and diversity claims.
If a landlord acts on the data and refuses to let to someone, they might argue the decision was discrimination based on protected characteristics like age, gender, sexual orientation, race or religion. Continue reading Are ‘rate your landlord’ websites worth the effort?
“How We Recruited Our Property Manager”
Roy Brooks was probably the most famous British estate agent ever. He was famous for being so honest when describing the properties he was flogging (and often their corresponding owners), that he was hilariously rude. People adored him for it, but that was in the good old days.
If you’ve never heard of Roy and haven’t been involved in the London property scene at any time since 1936 (when he threw his office doors open), here are a couple of his property descriptions: Continue reading Legendary Roy Brooks Agency – is rude still vogue?
Landlords and letting agents could see Rightmove’s crown slip in the rental market as a new pretender steps up – if a proposed merger is allowed to go ahead.
Digital Property Group – owned by the company behind the Daily Mail – and Zoopla want to join forces to tackle the undisputed property portal king Rightmove head on. Continue reading Lettings super search engine set to take on Rightmove
Police are on a high after closing 5,000 cannabis factories across the North West in the past three years – and are urging landlords and letting agents to step into the war on drugs.
Police are shutting down an average four cannabis farms a day – with many located in rented homes and commercial properties. Continue reading Police on high after closing 5,000 cannabis factories
The broken housing market is pushing more accidental landlords into the buy to let market, according to lenders and letting agents.
As homes are becoming more difficult to sell, desperate owners who need to move are turning to let to buy mortgages so they can buy a new home while renting their former home out.
Around 20% of buy to let mortgage applications handled by Platform, the Co-Op Bank’s property investment arm, are from let to buy owners who need to move home. Continue reading Let to buy is soaring, say lenders and letting agents