Understanding what tenants want is essential for landlords. What are the features of a property that tenants are most interested in? When buying a buy-to-let property, what should landlords consider first? Is there anything that discourages tenants? It can be difficult for landlords to understand exactly what renters are seeking, while tenants may have difficulty finding a property that meets...
Investing in UK property in 2022 involves considering a number of factors. Even though some of these factors are obvious, we should get a clear picture of what makes a good Buy-to-Let investment before we proceed. A few key metrics that we consider are: Rental Yields Property Prices Population Regeneration Tenant Demand Career Opportunities BTL...
Have you considered investing in real estate yourself, and are intrigued by the idea of owning rental properties? The homeownership rate is at its lowest level in 50 years, so now may be the perfect time to explore this opportunity. Owning a rental property has several advantages, one of which is that it can generate passive income. The pride of ownership may be part of the appeal for some landlords....
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 to them. Landlords who find managing their property, finding tenants,...
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 your home from which you can take your pick. Making some new additions If you feel your roof needs an upgrade, doing...
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, navigating these complicated areas could be somewhat tricky,...
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 non-property income. You'll need HMRC to know about your rental income by filing a tax return. In case...
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, you can never be guaranteed to find great tenants. However, you can follow certain steps...
'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 by at least three tenants not belonging to a family, who...
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 Wales' average...