Also called Rent to Rent, guaranteed rent is where a third party (usually an individual, Council, or letting agency) enters into a contract with a landlord to control and manage his/her property and pay a fixed rental income over a definite period. This third party or the ‘renter’ finds tenants for the property and sub-lets …
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Paying Tax On Your Rental Income – The Landlord’s Tax Guide As a landlord, you will want to optimize yourproperty investment. One of the best ways to do it is to opt for home improvements before you let out or sell your property. We bring you some of the top ideas to add value to …
Rent Guarantee Insurance and Guaranteed Rent – What’s The Difference? When you rent out your property, your choice of rent guarantee products – be it rent guarantee insurance, rent guarantee schemes, or guaranteed rent, can influence what the best route for you is. But sadly, unless you understand the world of BTL (buy-to-let) quite well, …
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Paying Tax On Your Rental Income – The Landlord’s Tax Guide If you rent out your property, you’ll need to pay tax on your rental income. Your tax liability would depend on the profit you make as a landlord, along with other factors like the expenses you incur on your rental property and your other …
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Key Considerations to Find The Best Tenants As a landlord, you surely want to protect your investment in your rental property by finding a tenant quickly. But renting to someone who fails to pay rent or damages your property could make you suffer severe financial losses and a lot of stress. Yet, when renting out, …
‘What is an HMO?’ is a question that both tenants looking for dwelling options and landlords interested in investing in properties may ask. This resource will answer that question and explain how HMOs are different from other rental properties. What is an HMO? HMO means a ‘House in Multiple Occupation.’ HMOs are residential properties occupied …
Do-it-yourself Deposit Replacement Schemes and Their Risks For renters, traditional upfront deposits are difficult to make, as they often have strict terms and involve substantial costs. Since renters needed a viable substitute to the conventional deposit model, it gave rise to the deposit replacement schemes. According to research conducted by traditional deposit schemes, England and …
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If you need a regular stream of income or seek capital growth, an attractive proposition is to invest in buy-to-let (BTL) properties. Due to low-interest rates, you may not be getting an adequate return from your savings, which could be the reason why you’re contemplating property investment. But here’s the biggest question that you need …
While the relationship between a landlord and his/her tenant(s) should always be a smooth one, there are things that both parties should follow to avoid complications. From a tenant’s viewpoint, one of these things is informing the Landlord of alterations made to the living arrangements. It’s quite understandable that when you move into a new …
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In his speech on Sunday, Boris Johnson released his plans to “give people hope” in the form of his long-awaited “roadmap” for moving forward in getting Britain out of its coronavirus lockdown state. Titled “Our plan to rebuild,” the 60-page dossier sets out a three-phase strategy for gradually lifting the current restrictions in a way …