As the cost of rent continues to rise across the UK during the coronavirus, tenants are increasingly struggling to keep up. Due to many commercial and residential tenants across the UK facing financial difficulties amid the COVID-19 Government-imposed lockdown, this has meant that despite this rise in rental premiums, landlords are receiving thousands less in
As the UK housing market slowly unfurls back into action following the latest Government advice for certain businesses, industry professionals have warned that rebooting the market won’t be a quick process. We take a look at what people across the industry are predicting for the future of the property and buy to let markets in
As a landlord, you may well be used to dealing with tricky tenants who are consistently late with payments but what do you do when a once-reliable tenant experiences unexpected financial difficulty? As changes have come into place in order to tackle the coronavirus pandemic, many workers have lost their jobs or have been furloughed
As the owner or manager of commercial property, you are responsible for meeting your obligations to commercial tenants. By meeting those obligations, you help your tenants’ businesses thrive as well as keep yourself safe from charges of negligence and insurance claims. Furthermore, as general legislative trends see more and more senior managers, directors and officers
As a landlord, maintaining healthy, safe and compliant properties for your tenants is already an important responsibility that comes with your profession. However, landlords that let properties considered to be houses in multiple occupation (HMOs) have additional expectations to fulfil. Your property is classified as an HMO if at least three tenants live there—forming more
Thinking of property letting? Here’s what you should consider before you do. Be prepared to work all hours Being a landlord is not a 9-5 job and while there will be plenty of days where you can dictate your own schedule, there will be many others during which you will be pushed and pulled in
Following on from the government’s initiative to improve standards in the rental sector, tough new rules for electrical inspections have been introduced. These are intended to offer greater protection for tenants in private rented accommodation. These rules serve to ensure that landlords arrange electrical inspections that are conducted by competent and fully qualified inspectors, with
Landlords have already seen the effects of a reduction on the tax reliefs they can claim, and more big changes are planned to happen over 2019. Yet, with Brexit still in negotiations and the future of the country still in a state of flux, nothing is certain. We take a look at what could happen
Stepping onto the property ladder is becoming increasingly difficult and figures suggest many millennials will rent for the rest of their lives. This means that it’s a good time for property owners to sustain their venture or expand their portfolio, especially with the current availability of Buy-to-Let mortgages in place. That being said, maintaining positive
40% of those asked in a survey from property finance lender, LendInvest thought that the national economy would have the biggest impact on house prices, followed by 24% who thought political developments, such as Brexit, would have an effect. Shortage in housing supply was the concern given by a fifth of respondents, and 16% focused
