Author: paulowen
How to Be More Productive in 2023
If you’re feeling sluggish after a few weeks back at work post-Christmas, here are some tips to boost your productivity and give you more of that most precious commodity – time. Did you finish up in 2022 feeling knackered and overwhelmed by your never-ending to-do list? If so, you’re not alone. According to a study in the journal Nature, most people say they feel persistently “time-poor – like they have too many things to do and not enough time to do them”. And this problem isn’t just frustrating – it can be exhausting and lead to poorer mental [...]
What to Do If Your Tenants Fall Out
Joint tenancies can be a great way for friends and couples to share costs and a steady source of income for landlords – but they’re not without their challenges. Friends can fall out, couples can split up, and rows about who used all the loo roll or spilt red wine on the carpet can escalate into toxic disputes. Sadly, the current cost of living crisis, which is causing much anxiety among renters, may further complicate things. According to a recent survey*, three in five people living in shared accommodation say rising energy bills are a source of [...]
It’s National Walk Your Dog Month
Whether you’ve got a pooch who wears fancy jumpers, a big blonde Labrador or a tiny handbag-sized companion, this month is all about them. If you didn’t know before, now you do: January is National Walk Your Dog Month. All you doggy people are probably a bit baffled, as being responsible pet owners you walk your four-legged companions daily – but what with the cold, dark days ahead, it could be tempting to delay your dog walk or cut it short. Walk Your Dog Month started in the USA, with the aim of preventing behavioural problems and obesity. [...]
What Your Tenants Need to Know on Moving-In Day
Want to get your new tenancy off to a good start and safeguard against future disputes? Then here are some important things you should tell your tenants on moving-in day. Let’s face it, finding good tenants and getting all the relevant paperwork ready for a new tenancy is hard work. As well as arranging viewings and reference checks, landlords have to finalise the contract, compile an inventory and take meter readings. By the time all this is done, most landlords are itching to get the moving-in formalities over with quickly and leave their tenants to unpack. [...]
Six Classic Christmas Films to Watch with the Family
Here are six of the best festive flicks to feast your eyes on over the holiday period. There’s something reassuring and cosy about snuggling up with a box of choccies and watching a Christmas film with loved ones. It can be an old favourite you know word for word, or a classic that you’ve never managed to see before. As long as it’s feelgood with a happy ending, then you’re on to a good thing. Here’s a list of some of the best festive films of all time. How many have you seen? Elf Will Ferrell [...]
Why Property Management is Value for Money for Landlords
As a landlord, you might have invested in property for additional income; maybe it’s a way to save for your future, or perhaps you’re an accidental landlord and had to rent your property out due to a change in circumstances. Whatever the reason, it’s a safe bet that you want to make a good return on your investment. But while you’re happy to use a letting agent to find tenants, when it comes down to it, you just can’t bring yourself to pay them to manage the property for you. This might just be one of your biggest mistakes. In [...]
Charity Begins at Home in Manchester This Winter
The month of December is filled with fun, festivities and food for most of us, yet for many others it is cold and lonely. And in the current cost of living crisis, it can feel more overwhelming than ever. Charitable donations in the winter months are essential. By making a small contribution, you could make a huge difference to individuals and families facing an otherwise bleak winter. In this quick read, we look at how you can help. Food If you want to donate locally, then foodbanks are always looking for donations. More and more people are [...]
How to Winter-Proof You Manchester Rental Property
Here are ten ways to prevent a minor mishap or major disaster at your rental property this winter. For many people, winter really is the most wonderful time of the year, a chance to crunch through frosty fields, make the perfect snow angel or snuggle up by the fire. But from a property perspective, winter can be hazardous, with snow, rain, ice, high winds and low temperatures all posing potential risks. Landlords who fail to prepare for these risks could face a hefty repair bill and a disrupted holiday season (not to mention the distress your tenants may experience if [...]
The Five ‘Rs’ of Making the Most of Your Property Portfolio
A property portfolio is a great way to generate income and build yourself a tidy retirement nest egg. But there’s more to it than shaking hands with new tenants and waiting for the rent to roll in. You need robust systems and a professional attitude to protect your investment and ensure you don’t wind up out of pocket or on the wrong side of the law. To find out what it takes to manage several rental properties, read our guide, the Five Rs of Making the Most of Your Property Portfolio. Responsibilities As a landlord, it’s important [...]
Your Alternative Guide to the World Cup
Can’t stand football? Wouldn’t dream of tuning into this year’s World Cup in Qatar? Here’s a list of four things you can do instead. If you’d rather watch paint dry than the World Cup, then we’ve got you covered. Here’s a guide to tuning out when the tournament is on. Blitz your Christmas shopping This is your chance to be one of those smug people who has all their Christmas shopping sorted weeks before 25 December. The football kicks off on 20 November, with the first two rounds of matches taking place at 10am, 1pm, 4pm and 7pm [...]
Is Rent Protection Insurance Really Necessary?
The rental market is a tough place to be, especially in the current economic climate. With the cost of living crisis leaving many tenants feeling squeezed, now could be the right time for landlords to invest in rent protection insurance. But is it really worth it, or just another expense? In this two-minute read, we look at rent protection insurance in detail to help you decide whether you need it. What is it? Rent protection is also known as rent guarantee insurance or landlord rent insurance. It protects landlords against loss of rental income if a [...]
How to Spread Love Not Hate on Social Media
Over the years, social media has become a major part of our daily lives. We post status updates, like pics, create videos and reels, learn hacks to clean or decorate our homes… the list is endless. Unfortunately, as social media has grown, so has the number of trolls and keyboard warriors. Nasty comments, abusive messages and online bullying are all common complaints for young, old and famous social media users. The issue of toxic online behaviour is in the spotlight this week due to Social Media Kindness Day – a movement set up in memory of late TV [...]
Are Manchester Landlords Recession Proof?
Recessions hit everyone right where it hurts: in the pocket. Everyone feels the pinch as prices rise and the cost of living spirals. Homeowners face the prospect of higher mortgage rates and rising bills. But what about landlords? Are they the Teflon of a credit crunch? According to finance experts at Investopedia, landlords not only survive recessions, but they thrive, as renting becomes more appealing than buying in the economic downturn. After all, owning rental properties guarantees them an income, or does it? In this quick read, we look at why landlords aren’t always immune to recessions [...]
Tips for Keeping Manchester Pets Happy on Bonfire Night
Remember, remember the 5th of November… when the sky lights up, the bangs and booms of fireworks disturb your TV time, and your poor pets are driven to distraction by noise and flashing lights. Yes folks, it’s Bonfire Night and whilst we all enjoy oohing and ahhing at pretty fireworks, spare a thought for pet owners who have to work extra hard to keep their little (or large) loves calm. Here’s our quick guide on keeping your pooches and other pets safe and sound during the festivities. Doggy den Before the noisy night, create a safe space [...]
How to Prevent a DIY Fail at Your Manchester
Will your next home improvement project end in success or a desperate call to the DIY SOS team? Here are five tips to avoid bungling the job. Repairing and refurbing your own home can be immensely satisfying – and save you lots of money. But not every DIY task finishes well. One in eight ends in a mishap, while half of all DIYers confess to calling in a professional to rectify a mistake.* From crooked countertops and fudged fireplaces to botched bathrooms and dodgy driveways, it’s amazing how – even with the best intentions – things can go [...]
How to Spot a Fake Landlord and Avoid Getting Scammed
Don’t let fraudsters swindle you out of your hard-earned money. Read on to discover what the ‘fake landlord’ scam is and how to protect yourself. The fake landlord ruse has been around for years, but current market conditions mean that some renters are particularly vulnerable to this con right now. Here’s how it works A fraudster posts a property for rent online, complete with photos (usually stolen from a legit website). Often, they advertise on online community noticeboards so they can take advantage of free listings. However, some fraudsters go so far as to create an authentic-looking lettings [...]
How Manchester Landlords Can Save Thousands of Pounds
There’s a lot to think about when you are a landlord. You’ve got the ever-changing rules around rental property to consider. Then there’s ensuring your property is well maintained and your tenants are happy. Add to that the cost-of-living crisis, pressures on the economy and political instability, and you could be forgiven for thinking, ‘what’s the point?’. But before you sell up, let’s look at your alternatives. We believe that the best way a landlord in Manchester can run successful rental property portfolios is to work with an experienced, knowledgeable and conscientious letting agent. Now, more than ever, landlords [...]
Five Reasons to Eat Chocolate
Once you’ve read these five facts, you won’t feel quite so guilty about indulging in chocolate again. A two-minute read. Humans have enjoyed the delights of chocolate for thousands of years, starting with the Mayans, who drank it as a hot liquid (and even used it in wedding and baptism ceremonies). Fast forward to today, and chocolate is a 120 billion pound global industry. The Germans are the top chocolate consumers per capita, followed by the Swiss, Estonians and Brits.* But there’s no getting around it, chocolate gets its fair share of bad press as it is high [...]
Attention Manchester Landlords – Don’t Let Condensation Cause Sleepless Nights
This two-minute read looks at some simple steps landlords and tenants can take to reduce the risk of condensation causing mould, damp and disputes. What causes condensation? When moist air is cooled by contact with cold surfaces such as walls, windows or mirrors, the moisture condenses into water droplets, AKA: condensation. This can often cause unsightly mould and, in extreme cases, be unhealthy. Not just in terms of physical health but because it’s a common breeding ground for disputes between landlords and tenants. Why should landlords take it seriously? Condensation is more likely to strike when the [...]
Why You Need Generation Z to Rent Out Your Property
They’re young, they’re moving out of their parents’ homes, and they could be your next tenants. We’re talking about Generation Z, the workforce of the future and a generation that’s ready to pay rent. Over the next three years, it’s estimated that Gen Z (born between 1996 and 2012) will pay a larger share of the UK rent bill than any other age group, as found by property giants Hamptons. While it’s true that some 20-somethings choose to stay in the comfy nests made by mum and dad for a bit longer than other age groups, more and [...]
Grow Your Own Veg in Manchester
Grow Your Own Veg in Manchester Growing your own veg might sound like a lot of work, but it’s actually a great way to save money and enjoy a healthier diet. And as this month is Organic September, there’s no better time to dig out that trowel and start sowing some seeds. Organic September is 30 days dedicated to chemical-free, totally natural, eco-friendly farming. Its aim is to raise awareness of why buying organic produce can really make a difference to the climate. So, what better place to start than your own garden/herb pots/windowsill? This quick read [...]
A Quick Guide to Setting Your Monthly Rent
As a landlord, you want to earn a good return on your property investment, but how do you decide what rent to charge? In the current market, rents are at an all-time high, but what’s the fairest way to set your monthly price? In this quick read, we look at how to calculate the right rental price for your property. Check out the local area While not all properties are the same, researching the local market is the first step towards finding out how much rent to charge. Use a combination of local agent sites and nationwide property portals to [...]
Back-to-School Guide for Manchester Parents
As term time approaches, those endless days of trying to entertain your bored and restless kids are almost over. No more surly teenagers sleeping until 2pm, no more grumpy children hounding you for snacks – it’s time to get ready for school. This back-to-school guide looks at some easy ways to get the September term off to a good start. Reduce screen time When there’s nothing to do, or it’s raining outside, screen time quickly becomes a way to keep the kids entertained (and out of the way). But as school looms ahead, getting them into a [...]
Why Manchester Buy-to-Lets Are Still a Good Investment
If you’re a landlord, chances are you’re feeling a bit hard done by at the moment. It seems like every other day, new rules and revisions are being announced around landlord and tenant law, which means you have to change the way you work and may face higher taxes. But is it all doom and gloom? Is it time to hang up your landlord hat and sell up? We definitely don’t think so. In this quick read, we tell you why investing in buy-to-let property is still a good idea if you’ve got the money (and [...]
International Dog Day: Let’s Celebrate Our Canine Companions
It’s International Dog Day next Friday – a chance to celebrate our cute, cuddly, devoted and dribbly four-legged friends. From loyal Labradoodles and plucky Pointers to cheeky Chihuahuas and dinky Dachshunds, the UK has a long and proud history as a nation of dog lovers. There are 13 million pooches in the UK, up from 7.6 million in 2010, thanks to a massive rise in dog ownership during the pandemic*. And famous canine admirers include Henry VIII (who favoured Spaniels, Beagles and Greyhounds) and Winston Churchill, who was a Poodle man. And then there’s Queen Elizabeth II [...]
How Manchester Landlords Can Beat Bug Infestations
If the idea of an insect infestation at your Manchester rental property makes your skin crawl, read on to find out how to beat the bugs this summer. No landlord wants uninvited visitors in their buy-to-let – especially the six-legged variety that spread disease, bite, sting and cause property damage. With insects breeding prolifically in warm weather, here’s a list of the little critters to be on the lookout for in your rental property. Flies: Common house flies reproduce in large numbers, so even if you only have a few buzzing around the place, this can change quickly. Flies [...]
Style Your Manchester Home with Instagram
In this quick read, we’ve pulled together some of the most popular interior design profiles on Instagram to give you some inspiration. Are you fed up with bland magnolia walls, wilting pot plants and tired kitchen cupboards? Then grab your phone and click onto Instagram. It’s a hotbed of aspirational interior design, décor on a budget and tips on how to make the most of small spaces. Here are six of the best accounts to follow. @budgethomedecor_uk The name of this profile gives it away – beautiful home ideas that are affordable and easy to get hold of. [...]
Why Manchester Landlords Should Never Skip Doing an Inventory
A thorough inventory can save a landlord time and money and prevent messy end-of-tenancy disputes. So why do so many landlords rush this essential stage – or skip it altogether? In this quick read, we look at why an inventory is important and what you need to include in it. Picture this Your tenant of the past 12 months is leaving. You go to check them out and find a massive stain on the carpet, the sofa cover has been torn and there are lots of marks on the walls. Uh oh. You’re in a stand-off. [...]
The Safe Way to Let Manchester Children Play in Your Street
We all know that kids these days spend more time indoors (often on screens) and less time running around outside. If you’re a parent or carer frustrated by this trend, read on to learn how some parents are fighting back through a scheme called Playing Out. What is Playing Out? Playing Out was set up in 2009 by two mums dismayed that their kids couldn’t play out on the street like they did when they were growing up. The pair asked their local council for permission to temporarily close their road to traffic to allow the children to [...]
How Manchester Homeowners Can Take Their Garden to the Next Level
If you’re planning to entertain friends or family at home this summer, check out the latest must-have garden gadgets and accessories. A two-minute read. Spending time in your own garden, be it pottering around alone or entertaining family and friends, is one of the true joys of summer. And there’s a host of products on the market to help you make the most of the experience. Here’s a list of what is proving popular at the moment. Garden fireballs – Fire pits were a hit last summer, but this year, it’s all about the fireball. Like a [...]
Is Being a Manchester Landlord an Easy Money Maker?
Many people think that being a landlord is easy. Rent out a property, move some people in, sit back and rake in the cash… if only it was that simple. Any experienced landlord knows that owning rental property is hard, and it can be a 24/7 job in the event of any issues. Preparing a property for rent is just the first hurdle; ensuring your tenants are safe and the property is maintained are ongoing requirements. In this quick read, we bust some common myths about landlords and their obligations. Landlords don’t care about safety Wrong! It’s [...]
Why We Can’t Get Enough of Property Shows in Manchester
Hands up if you’ve ever lost a couple of hours sitting on the sofa watching a property show? Whether it’s a 30-minute fix or a full-on binge, programmes about other people’s homes are fascinating. Entire cable channels are dedicated to home renovations, property sales, flipping houses and so on. We just can’t seem to get enough of them. In this quick read, we look at some firm favourites and why they’re so good. Homes Under the Hammer (BBC 1) Daytime TV is like a warm, snuggly blanket. It’s easy watching and seemingly endless. Homes Under the Hammer [...]
Why Landlords Should Conduct a Property MOT
It pays to sit down once a year and review how your buy-to-let is performing and flag up any potential issues looming on the horizon. A two-minute read. We’re all familiar with an MOT, an annual check-up to ensure your car is safe and good to go for the year ahead. Well, let’s apply the same concept to a buy-to-let investment. Even if your current tenancy is ticking along nicely, a property MOT can be a helpful exercise to ensure that you: Are up to date with government regulations and maintenance Have the right rental strategy Are [...]
Forgot to Book a Holiday? Places to Go in the UK
And just like that, it’s the summer holidays again. Six painful weeks of keeping the kids entertained, and the house in one piece. Oh, and to add to this woeful mix, you’ve forgotten to renew your passport and got no sun-drenched holiday planned. If that sounds like your situation, keep reading, because it’s an ideal time to book a staycation. No passport needed, possibly a bit of sun, and plenty to keep the entire family amused. While we’re all familiar with the big tourist spots around the UK (yes Devon and Cornwall, everyone knows how lovely and picturesque [...]
WFH and Landlords: What You Need to Know
In our post-pandemic world, working from home (WFH) has become the new norm for many people. But as a landlord, you need to make sure your tenants are working in a way that doesn’t impact you negatively. Most of us think of WFH as sitting in front of a laptop or doing Zoom meetings wearing a shirt and tie with pyjama bottoms. However, there’s been a boom of small businesses cropping up, many of them based in flats and houses all over the country. In this two-minute read, we look at some questions to consider if you’re a [...]
Manchester Food Banks Need Your Help
The cost of living crisis is affecting more people than ever, and sadly, it’s set to get worse, as more and more households are turning to food banks to supplement their supplies. Research by the Trussell Trust – a support network for food banks across the UK – found that 2.1 million emergency parcels were distributed between April 2021 and March 2022, a 14% rise from the previous year. With these statistics in mind, what can you do to support your local food bank? In this quick read, we offer a few ways to help. Donate [...]
Top Tips for Successful Property Inspections
Inspections are a key part of managing a tenancy so it’s imperative that landlords get them right. Here are some top tips to ensure landlords don’t miss a thing. A two-minute read. We’ve all heard the horror stories about nightmare tenants who trash a rental property, leaving the landlord up to their neck in repair bills and legal costs. Or maintenance issues that were left and became problematic. Thankfully, there are ways landlords can minimise these risks and one key strategy is to conduct regular inspections. Landlords are often diligent with inspections at the start of a tenancy, [...]
Top Tips for Finding the Best Tenants
The secret to a smooth-running tenancy is good tenants. Here’s how to find them. A two-minute read. There are few guarantees in life, but we promise you this: let your property to a bad tenant, and your job as a landlord will get much more complicated. Expect to be out of pocket (due to missed rent payments and damage to your property) and stressed (dealing with nightmare tenants is, to state the obvious, a nightmare!). The key to avoiding this kind of turmoil is to find a good tenant who will treat you and your property with respect. This [...]
Don’t Try This at Home: Three of the Dumbest TikTok DIY Hacks
The DIY hacks you see on TikTok may be entertaining to watch, but they can also be dumb and even downright dangerous. A three-minute read. TikTok is awash with amateur handymen and women dishing out tips, but just how practical and accurate is this advice? When confused.com asked an expert handyman to rate the quality of DIY videos on TikTok, he deemed 39% of the content to be ‘rubbish’ or ‘poor’. Meanwhile, Toolstation surveyed 100 experts – professional plumbers, carpenters, painters and the like – who also raised eyebrows about the standard of the advice on offer. [...]
What Landlords Need to Know about Their Legal Responsibilities
This two-minute read explains how landlords can navigate their way through an ever-growing list of rules and regulations. There’s one rookie mistake that many first-time landlords make when they invest in property – and it can cost them dearly further down the track. While most newbie landlords mull over the obvious financial stuff – like rental income, repairs, mortgage costs and tax – they overlook one other crucial factor in the buy-to-let (BTL) equation: legal responsibilities. As landlords today must comply with more than 175 rules and regulations (many of which are constantly being tinkered with), it’s [...]
Guaranteed Rent or Guaranteed Stress?
As a busy landlord juggling a portfolio of multiple properties, you might be thinking about ways to reduce your workload or secure a regular income. Have you been enticed by promises of guaranteed rent? Guaranteed rental schemes or rent-to-rent (R2R, not R2D2) schemes are growing in popularity. But hold on for a minute, what do they actually mean? In a nutshell, it’s where you rent your property to a rent guarantee specialist who promises to pay you a certain amount every month and takes on the burden of managing your property. Sounds great, doesn’t it? But is [...]
How to Smarten Up Your Kitchen on a Tight Budget🔨
Discover how to make your kitchen look fresh and modern without spending a fortune in this two-minute read. Smartening up your kitchen is an excellent way to wow buyers and add value. If you can’t afford a full-scale high-end refurbishment, try these cost-saving DIY tips. Before you start When we’re emotionally attached to a property, we often gloss over its flaws. But it’s important to think about the impression your home will make on buyers. Remove all clutter and analyse what your kitchen really looks like. Is it warm and welcoming, or washed out and a bit grubby? Identify [...]
Guide to Switching Letting Agents
This two-minute read looks at why landlords should change letting agents and how it can benefit them. Did you know that lots of people pay more for their phone bills, car insurance or Wi-Fi simply because the thought of changing providers is too stressful? This is like a lot of landlords – they stick with the same letting agent they’ve used for years just because it’s easier to stay put. We hate change. Why rock the boat? Sure, the boat may be leaking and have a dodgy fish smell, but is it really that bad? Well, dodgy [...]
Top Tips to Keep Children Safe at Home
Make child safety a priority in your home by following these useful tips. A two-minute read. Children are bundles of energy, who love to run, jump, touch and taste. Unfortunately, sometimes this curiosity can lead to accidents at home. Each year, about 450,000 children aged under five attend A&E due to an accident at home*. With Child Safety Week starting on Monday (6 June), the Child Accident Prevention Trust has some handy advice for parents and caregivers. Button batteries These small lithium batteries, found in household products like calculators, remote controls, watches and toys, are about the [...]
A Quick Guide for New Landlords in Manchester
Being a first-time landlord can feel daunting. There’s a lot to do before you can get your property rented out – such as repairs, legal obligations, admin, tenant-finding, contract signing, and so on. But don’t fret. A good letting agent will help explain all the ins and outs of the process. And can do most of the work on your behalf. In this three-minute read, we discuss some of the essential steps you need to take before renting out your property. Contact a local agent Before you market your property, you’ll want to know how much [...]
A Landlord’s Guide to HMOs in Manchester
As a landlord, you might be thinking about how to get more value from your property. While the rental market for single tenancies is booming, have you considered a House in Multiple Occupation (HMO)? These days, HMOs are big business. In simple terms, it’s where a single property is made into multiple dwellings. And currently, the rental market is crying out for more. HMOs are no longer dingy bedsits of the past, they’re more like high-quality studio apartments under one roof. In this three-minute read, we take you through the basics of an HMO, what you need [...]
Four Things You Must Do If You’re an Accidental Landlord
If you’ve become a landlord due to unexpected circumstances such as bereavement or a new relationship, here’s some helpful advice. A two-minute read. It’s surprising how many people become landlords more by chance than design – or in other words, ‘accidental landlords’. Whether through inheritance, a change in a relationship or a new job, sometimes people find themselves in the (rather fortunate) position of owning a property that they don’t want or need to live in. And instead of selling up, the owner decides to rent the property out. While this usually works out well in the [...]
Why Manchester Parents Should Support Walk to School Week
Find out why it’s time to ditch your car and walk to school with your children instead. A two-minute read. Want to reduce carbon emissions, traffic congestion, and the risk of childhood obesity? Then step right up and out for Walk to School Week (16 to 20 May). Next week’s event, organised by the charity Living Streets, encourages children and their carers to leave the car at home and do the school run on foot instead. So, why all this emphasis on swapping four wheels for two feet? Here are just a few benefits associated with walking [...]
All You Need to Know about Double Glazing for Your Manchester home
Before you were a property owner, chances are windows were something you just looked out of to take in the view. You probably didn’t give them much thought and you might have cleaned them occasionally. That was it. Now, as a homeowner, your single, double, or triple glazing means so much more. And if you’re about to renovate a property or upgrade your windows, it’s worth diving into the fascinating world of double glazing to find out more. (Honestly, it’s pretty interesting.) In this quick read, we look at different types of windows and why they matter, especially [...]
Reasons Why Your Manchester Letting Agents Can Save You Time and Money
As trusted local letting agents, we work with a lot of landlords. Finding tenants, managing properties, organising inspections – we take care of each step. However, more and more landlords are choosing to work alone, but is it as easy as they think? Here’s why we think working with an agent is the best way to rent out your property. Save time Even if you’re a full-time landlord, finding, vetting, and keeping tenants happy is time-consuming. While there are many online options for finding tenants, there’s a lot to be said for an experienced letting agent taking care of [...]
What to Do Before Renting Your Property to Family or Friends 👪
Here are some questions you should ask yourself before you rent your property to family or friends. Do they need to sign a tenancy agreement? Yes, yes, and yes again! They might be family, but they’re also your tenants and both parties need to know what is expected of them. For example, they might say they want to stay for 12 months but then leave after just six. Without a tenancy agreement, there’s nothing to stop them – putting your income at risk. Should I take a deposit? This is a personal decision that you need to make, [...]
Is the Internet Frying Your Brain?
What impact do constant scrolling and swiping have on your ability to focus, reflect, and connect? A two-minute read. If you can’t read two pages of a book without getting twitchy or struggle to go for an hour without checking social media, then you’re not alone. A recent study by tech giant Microsoft found that the human attention span has shrivelled by 25% in just a few years. It’s just one of a growing number of studies suggesting that in the digital age, our ability to focus is decreasing. Over the past two decades, the internet has [...]
Why Landlords Should Respond Promptly to Tenants (And Not Mess Them About)
When a tenant gets in touch, don’t faff about – a prompt response will save you time and money in the long run. A three-minute read. Picture this: you’re frantically busy at work, scrambling to meet an urgent deadline when your phone pings. It’s your tenant raising what seems like a pretty minor issue, so you make a mental note to get back to them in a few hours when things calm down. But time flies, and before you know it, days have passed, and you still haven’t taken action to address the issue raised. Most [...]
Why Do We Give Chocolate Eggs at Easter?
Everything You Never Knew about Chocolate Hold on to your waistbands, Easter is here. That festival where no matter your age, clothes size, or BMI, you’re allowed to eat as much chocolate as you want. So, while the kids run around on a sugar high and you polish off yet another egg, here are some facts about the chocolatey goodness no one can resist. It’s very old The earliest evidence of chocolate dates back to 4,000 years ago. The Aztec and Mayan civilisations started by drinking chocolate. However, words for chocolate are thought to have existed several [...]
Top Tips for Managing Joint Tenancies
When they run smoothly, joint tenancies can be a good source of income for landlords. This three-minute read explains how to get the best out of them. Joint tenancies are a great way for friends or couples to live together and share the rental burden. (Think about best buddies and flatmates Joey and Chandler in Friends, they had a ball, right?) And joint tenancies can also be good news for landlords, providing steady long-term income and low tenant turnover. (If your tenants are happy and get along like Joey and Chandler, they’ll stay for years.) But sometimes, the relationship between [...]
Five Stress Management Tips
Whichever way you look at it, modern life is stressful. And the 2020s? Well so far, this new decade has caused unparalleled levels of stress. Whether it’s the pressure of daily life, the juggling of responsibilities, or the state of the world right now, stress can have physical, mental, and emotional repercussions for people of all ages. And it needs to be taken seriously. April is Stress Awareness Month, an initiative that has been running since 1992, designed to highlight the causes and cures for stress. This year, the Stress Management Society is focusing on community, reducing isolation [...]
🛠️ Repairs and Maintenance – What Are a Landlord’s Responsibilities? 💣
This two-minute read details a five-point plan to help landlords manage their maintenance responsibilities. There’s no quick fix when it comes to maintenance and repairs; to avoid stressful and costly tenant disputes, landlords need to be organised and proactive. Who is responsible for what? Always check your contract, but as a general rule, landlords are responsible for structural features like walls and chimneys, along with windows, drains, stairs, toilets, showers, pipework, the boiler, and electrics. If the property has a garden, the landlord is responsible for things like lopping tree branches and repairing fences. But it’s a two-way [...]
Breaking News – What do we all think about this agent aiming to take over the Manchester property market
Real Estate Entrepreneur Promises a 'French Revolution' to Property Marketing A French billionaire who made his money from estate agency is promising to take over the UK property industry with his unique approach to marketing homes. Today, Gerard Michel-Lyon launches his company Lyon Estates in all four capital UK cities. His agency grew to dominate the French market with its near the knuckle advice and painfully honest assessments of properties it is selling. Michel-Lyon spoke via an interpreter and outlined his ultra-ambitious plans while on his superyacht Le Duper Magnifique with an open letter to property owners. The man nicked [...]
Reference Checks: Tips for Manchester Landlords
Don’t make the rookie mistake of cutting corners with reference checks – it’s a sure-fire way to wind up with a nightmare tenant. A three-minute read. When it comes to tenant selection, there’s a saying that all landlords should heed: Go with the right tenant, not the first tenant. Sometimes, landlords are so eager to see rent payments rolling in that they treat the reference checking process as a tick-box exercise rather than an investigative one. But rushing to greenlight the first person willing to take your property can come back to haunt you. What do [...]
First-Time Buyers in Manchester Bank on Mum and Dad
This two-minute read looks at parents’ integral role in helping young people get on the property ladder. There’s one financial institution that never seems to go out of fashion, and that’s the dear old Bank of Mum and Dad (or BOMAD for people who like acronyms). About half of all first-time buyers (FTBs) last year relied on BOMAD, with parents dishing out a record £9.8 billion to help their offspring get on the property ladder.1 The average contribution was £58,000. And in the past ten years, BOMAD has coughed up £54 billion, assisting 1.4 million buyers.2 [...]
What Manchester Landlords Need to Know about Ending a Tenancy 👋
This two-minute read looks at why landlords end tenancies and the issues and implications around taking such a step. From toxic tenants to financial friction – there are many reasons why a landlord might want to end a tenancy. These reasons can include: The tenant has breached their contract by missing rent payments, subletting, or trashing the property. Relations between the tenant and landlord have turned toxic. The property is in need of repair, and it would be easier and less disruptive if the property were empty. The landlord wants to live in the property. Financial reasons mean [...]
EPCs Are Changing. Landlords in Manchester Are You Ready?
Calling all landlords! Have you checked your buy-to-let property’s Energy Performance Certificate (EPC) rating lately? No? Unfortunately, there have been some legal changes that might mean you’ve got some work to do (and money to spend), so you need to keep reading. An EPC details how energy efficient a property is, recommends how to improve efficiency, and gives a general idea of associated costs. At the moment, a rental’s EPC must be a rating of E or above as per the Minimum Energy Efficiency Standards (MEES) and should be updated every ten years. However, the government [...]
What the Rise in Older Renters Means for Manchester Landlords
We explore what the rising rate of older renters means for Manchester landlords. A two-minute read. Landlords looking to secure reliable, long-term tenants shouldn’t overlook a growing demographic in the rental sector – the older renter. Recent statistics* show that the proportion of people aged 45 to 54 who rent is 16% (up 5% in ten years). During the same period, the proportion of renters aged 55 to 64 rose by 5% to 11%. The benefits of older tenants There’s no substitute for rigorous credit and reference checks when it comes to tenant selection. But it’s worth bearing [...]
Keeping Manchester Pet Dogs Safe
As a nation of pet lovers, it’s no surprise that dog ownership increased significantly during the pandemic. Unfortunately, so did the number of dog thefts. There were more than 2,000 reported incidents in 2020 and this number is going up. While dog theft is on the rise, catching those responsible is not. Just 2% of such cases led to suspects being charged in 2020, and concerns have grown so much that the government set up the Pet Theft Taskforce to tackle the issue. On 14 March, the Stolen and Missing Pets Alliance will hold their annual Dog Theft [...]
International Women’s Day: Let’s Celebrate Four Influential Brits
To mark International Women’s Day next Tuesday, we look at four British women who made history in their respective fields. A three-minute, fantastic females-themed read. They may not be household names, but these four pioneering British women deserve our admiration and respect. Helen Sharman – Britain’s first astronaut The Sheffield-born chemist was working at Mars (the makers of those chocolate bars) when she responded to an advert for volunteers to embark on a space mission. After a rigorous selection process, Sharman was chosen from 13,000 candidates to spend 18 months training with cosmonauts in Russia to prepare for the [...]
The Generation Game: What Manchester Tenants Look for in a Property
This three-minute read looks at the changing rental market and what it means for landlords. With the rental market changing enormously over the past decade, savvy landlords need to stay on their toes to make the most of their investment. General trends Since 2010, the sector has almost doubled in size; these days, about 19% of all households rent. Many tenants are renting for longer. Renting is no longer all about young singletons. An increasing number of renters are aged 35 to 44 and have children. Increased red tape: the number of laws relating to landlords has jumped [...]
Wellbeing Podcasts and Other Wellbeing Ideas
This two-minute read has a look at some of the things you can do to help keep you feeling well and positive. Life, as we knew it pre-pandemic, is gradually looking more like it used to, as Governments across the UK relax Covid-19 rules. This is exciting for many but it can also feel a bit overwhelming as activity levels rise. It’s important to take responsibility for looking after ourselves so we don’t tip over into post-pandemic burnout. Here are some suggestions of tools to try. MEDS This acronym stands for Meditation, Exercise, Diet, and [...]
Five Reasons Landlords Leave the Rental Market in Manchester
A three-minute must-read if you’re a landlord considering selling. It’s often thought that being a landlord is easy: buy a property, rent it out, and hey presto! You’re all set. Unfortunately, it’s never that simple, and many landlords look to sell up for an easier life. Whether it’s age, personal circumstances or changes in the law, in this article, we explore five common reasons why UK landlords sell their properties. Tenant issues Let’s be honest, no landlord wants to take a call at 10pm from a tenant who has locked themselves out or can’t get the heating [...]
Four Home Security Tips for Manchester Residents
This two-minute read looks at the best way to protect your home and outsmart burglars. With a raft of high-tech home security gadgets on the market, it’s easier than ever to keep your family, pets, and precious belongings safe. Whether installing a completely new system or tightening up existing security measures, Manchester homeowners have plenty of options to choose from. Smart system There’s an app for everything these days – including home security. A smart system wirelessly links alarms, sensors, and cameras to a hub that you can manage remotely from your phone. Some systems can also [...]
Let There Be Love – The Landlord and Tenant Special
In this two-minute read, we look at ten ways to improve any landlord and tenant relationship. If you do a quick Google search on ‘how to keep love alive’, communication comes out on top of many of the pieces of advice shared. Almost all relationships benefit from good communication. And that advice extends beyond being a partner, parent, or friend – it can easily be applied to the landlord and tenant relationship. But there’s more to it than that. When it’s done well, the landlord and tenant relationship is precisely that – a relationship rather than [...]
Random Acts of Kindness Day is Coming Soon in Manchester
Sometimes, all it takes is a smile or wave to make someone smile. It’s free, it’s polite and most of all, it’s kind. February 17th is Random Acts of Kindness Day. Yes, a whole day dedicated to being nice. Started by the Random Acts of Kindness Foundation in America, the initiative has gone global in a bid to remind people that being kind is easy. In this quick read, we’ve come up with free and simple ways to be kind. Love thy neighbour Ok, their dog barks all the time, they watch TV too loudly, and their [...]
How Not to Decorate Your Rental Property in Manchester
In this two-minute read, we explore some common mistakes landlords make when it comes to décor. Are you a landlord with a new rental property? Are you about to decorate? Step away from the colour charts, put down the paintbrush, and read on. Sometimes, it’s hard to separate your personal taste from your rental. After all, you’ve paid a lot of money for it, and you’ve probably invested time and effort getting it ready for the rental market. Here’s what to watch out for: Getting too creative Your rental property is NOT your home. You’ll probably never spend more [...]
Keeping Mancunian Kids Safe Online 🧷
In this two-minute read, we look at ways to safeguard your kids online. The internet is a weird and wonderful place. Where else can you find answers to complex questions in seconds, or see pics of your mate’s terrible 1992 hairstyle in a few clicks? Love it or hate it, many of us spend hours a day online, browsing, posting, reading, and downloading. And that includes our kids. On 8 February, it’s Safer Internet Day – a campaign designed to make the internet a better place for kids. Here are some safeguarding ideas. Talk about their [...]
Two Top Tax Tips for Manchester Landlords
This two-minute read includes some handy tax advice for landlords. Our tax system is often criticised for being complicated and unwieldy, but by following two simple rules you can take the stress and hassle out of filing a return. Rule Number 1: Do your homework Raise your hand if you find the subject of tax dull? You’re not alone, many people cite tax as a conversation killer (right up there with religion and politics). And because they find it boring, they don’t bother to learn much about it or keep abreast of rule changes. The problem [...]
How to Make a Spare Room Work Best for You
We look at what you can do with a spare room to ensure you’re making the most out of it in this two-minute read. Now’s the time to give your spare room some serious thought about how to make the best use of this extra space in your home. Especially after the past 18 months we’ve all experienced, which have changed the way many people use it. Below are seven things you can do to create a room that suits your lifestyle and situation. Home office 🧑💼 – Yes, we know you may already be doing this but have you [...]
Do Landlords in Manchester Need to Set Up Limited Companies?
In this two-minute read, we have a quick look at what you need to consider when becoming a landlord. Before becoming a landlord, you need to consider how you want to buy your rental property. There’s lots of tricky tax stuff to consider and changes to tax relief over the last few years mean that becoming a landlord might not be as profitable as you first think. So, what should you do? Should you buy a rental property in your personal name or via a limited company? Setting up a limited company Since 2016, more private companies [...]
How to Stay Dry All the Way through January
This two-minute read looks at ways to get through January without resorting to a tipple. If you’re one of the millions of Brits who vowed to stay off the booze this month, hang in there – you’ve only 11 more days to go! Congratulations on making it this far, and remember, if your resolve is starting to wobble, you’re not alone. Many people find that as the dark nights of January roll on, it gets harder and harder to resist the temptation to have a cheeky snifter or two. But don’t give in; follow these tips [...]
Are You a Landlord or a Property Investor in Manchester?
In this two-minute read, we look at the differences between landlords and property investors. What’s the difference between a landlord and a property investor? Aren’t they the same thing? Does one rent out properties and the other sell them on? If these questions have got you scratching your head, read on. Long term vs short term Keeping it simple, a landlord makes a regular income from renting properties to tenants. They are responsible for maintenance and managing the property. It’s also likely that they hold onto the property for the long term. A property investor is trickier to define. [...]
Top Tips for Growing Houseplants in Manchester
This three-minute read looks at the benefits of cultivating houseplants and how to get started. Houseplants add colour and freshness to work and living spaces – and deliver a host of health benefits. As this week is Houseplant Week UK, let’s look at the do’s and don’ts of cultivating indoor plants. Reasons to green your scene If you take good care of your houseplants, they’ll look great all year round. Even in the depths of winter – when the trees are depressingly bare outside – you’ll be surrounded by greenery indoors. Houseplants improve air quality because they [...]
How Landlords Can Beat the Blue Monday Moods
We share how landlords can avoid feeling down on the year’s most depressing day in this two-minute read. If you’re feeling a little flat, low, or down in the dumps next Monday, you won’t be alone. The 17th of January is Blue Monday – according to some psychologists (and clever marketers), it’s the most depressing day on the calendar. It’s a perfect storm of wintery weather taking its toll, the Christmas break becoming a distant memory, resolutions falling by the wayside, and credit card bills coming in. All of this adds up to a formula for feeling, well, a little [...]
How Manchester Residents Can Save on Energy Costs
This two-minute read looks at how to trim down your energy bills. Householders were hit with budget-busting energy price hikes in 2021 – a trend that looks set to continue well into the new year. Here are some ways to claw back some cash on your heating bills and help the environment at the same time. Small steps Individually these measures offer modest gains but put them together, and you’ll notice the benefits. Use energy-efficient light bulbs. Switch off appliances at the socket when you’re not using them. Turn your boiler down by a few degrees. [...]
New Year’s Resolutions Manchester Landlords Are Making
In this two-minute read, we look at four New Year’s resolutions landlords in Manchester can make to earn more money, have less hassle, and maximise their rental investments. It’s 2022. A new year, new hopes, and a new focus on getting rid of old ways of doing things that are holding us back. And landlords are not immune to wanting a fresh start. January always sees us have plenty of enquiries from landlords keen to improve the way they do things. Below are four resolutions we can help landlords make, but more importantly, keep. To make [...]
Four Ways a Letting Agent Can Help Manchester Landlords Relax at Christmas
This two-minute read explains the benefits of having a letting agent on duty over the festive season. Being a landlord is not a nine-to-five job. You can’t just switch on your out-of-office and mute your WhatsApp messages because you fancy a break. Well actually, you can – if you have a good letting agent working for you. Here are four ways an agent can help you through the silly season. Stress-free holidays As a landlord, you have a duty of care to your tenant. This means you never know if a trip away to see family or friends or to [...]
Nightmare Before Christmas: A Cautionary Tale for Landlords
This two-minute tale takes inspiration from a classic Christmas poem. ‘Twas the night before Christmas, when all through the house, not a creature was stirring, not even a mouse. That was until Mum and Dad, joint owners of a rental property, received a panicked phone call from their tenant. What was the matter? In a highly charged conversation, the tenant explained that a pipe had burst and was causing severe water damage. The problem needs to be sorted – ASAP! Dad, who had been hoping to settle his brain for a long winter’s [...]
Rent Guarantors: What Manchester Landlords Need to Know
This three-minute read explains the role of rent guarantors. When a landlord has a niggle of anxiety over whether a prospective tenant will pay their rent, there is a way they can help protect their investment. A landlord can ask a tenant to provide a guarantor to ‘guarantee the tenancy’. Guarantors are often family members or close friends – and a little bit like a human safety net. If the tenant can’t (or won’t) pay what they owe the landlord, the guarantor has to stump up the cash – or face the landlord in court. Extent [...]
Let’s Get Together and Support Manchester Shops This Christmas
In this two-minute read, we look at why it’s so important and enjoyable to buy from local, independent stores. Saturday 4 December, is national Small Business Saturday. The campaign, which was begun by American Express, is in its ninth year and has grown steadily. In 2020, a record £1.1 billion was spent with small businesses on Small Business Saturday and 15.4 million people chose to make a big difference by shopping small and locally. It’s a day which traditionally kicks off the Christmas🎅 shopping period across Manchester and the entire UK. There has never been a better time to look [...]
Why Manchester Landlords Can’t Afford to Cut Corners
In this three-minute read, we look at the growing calls for tougher action against rogue landlords. Landlords who struggle with all the rules and regulations associated with renting out a property – be warned. Councils are coming under increasing pressure to throw the book at landlords who flout the law. Even if you’ve gotten away with a ‘near enough is good enough’ approach so far, winging it isn’t a sustainable long-term strategy. Calls for a get-tough approach The demand for stricter enforcement is coming from two sides: tenants’ rights groups (as you might expect) and the [...]
Why Your Home Could Be Bad for Your Health
In this two-minute read, we explore issues in your home that could be making you feel unwell and how to cure them. For most of us, our home is a haven. But what if it is making you ill? Mould and damp Mould and damp are caused by excess moisture in the home – perhaps due to leaking pipes, roof damage, or condensation build-up. They can cause respiratory issues, nausea and vomiting, and general illness, so it’s important to stay ahead of any fungal growths or damp patches. Quick tips to prevent mould are: Air your bathroom [...]
How Landlords in Manchester Can Increase Their Profits Ethically
In this two-minute read, we look at five fundamental ways landlords in Manchester can make their rental properties more profitable. Some people think the only way landlords can make more profit is to ruthlessly keep hiking up their tenants’ rent. But that’s incorrect on two fronts. Firstly, continually increasing a tenant’s rent is no strategy to keep them long term. Secondly, the five ways we’re about to share with you can increase your bottom line without being mercenary. Review your mortgage rates – regularly: Start by lowering your biggest regular cost – your buy-to-let mortgage. It’s possible to secure a [...]
Sustainable Housing: Three Examples of Old-School Low-Carbon Living
In this two-minute read, we look at three remote communities that have long embraced sustainable living. With the interest raised by the COP26 summit highlighting the desperate need to cut carbon emissions, housing sustainability has become a hot topic. In the UK, there’s been lots of talk about using new technology to help reduce our carbon footprint. Given the average UK household emits 2.7 tonnes of CO2 a year from heating their home*, it certainly makes sense to utilise tech, where we can, to save the planet. But sustainable housing isn’t a new concept; some communities [...]
Seven Ways to Find AND Keep Great Tenants in Manchester
In this three-minute read, we look at how landlords in Manchester can find and keep terrific tenants. ‘Finders keepers, losers weepers.’ It’s a timeless rhyme used every day in school playgrounds in Manchester and all over the UK. It often applies to someone finding something that’s unowned or abandoned. But it also resonates with local landlords when it comes to having the second most important piece of the rental puzzle – great tenants. Finding these excellent tenants is one thing. Keeping them is another. And some landlords lose these precious people because of basic, unnecessary errors. It’s enough to make [...]
How to Keep Pets Calm This Fireworks Weekend
We share seven tips from national pet charities to keep pets from suffering stress this fireworks season in this two-minute read. At myhouse Agents, we love pets. And we get to meet plenty of our clients’ furry friends during our daily work across Manchester. According to a 2018 survey by builders, McCarthy Stone, pets made people a lot happier about their everyday lives. 45% of the people they polled said their pet is the main reason they exercise, and a whopping 31% said having a pet gives them a purpose in life. So, now that fireworks season is back with [...]
How to Winter-Proof Your Manchester Rental Property
In this two-minute read, we look at how landlords in Manchester can make sure their rental investments stand up to the challenges of winter weather. With winter officially only a few weeks away, the time is now ideal for landlords to take steps to ensure their properties are prepared for whatever December to February serves up. By putting a winter property maintenance plan in place, you’re setting yourself and your tenants up for a trouble-free winter period. Begin with boilers – The best time to service a boiler is in September, ahead of it being plunged into constant action in [...]
Terrifying Tales to Keep Homeowners Up at Night
No Halloween weekend would be complete without some scary stories, right? And in this three-minute read, we share three terrifying tales of home moving horrors. The good news is we’ll also let you know how to avoid them. When all is not what it seems Horror movie fans will remember that scene in the Bruce Willis classic The Sixth Sense when it becomes clear that all is not what it seems. Home buyers need to exercise a little caution when taking a property seller’s word for granted – as highlighted in the following story of woe. [...]
Carbon Monoxide Poisoning: What Manchester Landlords Need to Know
In this three-minute read, we examine the dangers posed by carbon monoxide. We recently read a statistic about private landlords that left us scratching our heads. A whopping 56% of private renters say they live in a property that doesn’t have a carbon monoxide alarm*. Can such a high percentage of landlords really be ignoring safety advice and flouting regulations on carbon monoxide alarms? By law, any room in a rental property with a solid fuel-burning device must have a working carbon monoxide alarm. These rules are there for a good reason – carbon monoxide [...]
Will Manchester Rise to the Movember Challenge?
We like to do our bit for charity at Myhouse Agents And we love seeing people in Manchester doing the same. Some run marathons for charity. Others row single-handedly across the Atlantic to support good causes. And a growing band of men are ditching the razors, sitting back, and letting nature do its thing to grow moustaches next month. All in the name of raising money for men’s health charities. Movember started as a group of friends challenging each other to grow a moustache back in 2004. It’s gone on to raise millions towards work [...]
What is acting in a tenant-like manner?
The term 'tenant-like manner' comes from the judgement of Lord Denning in Warren v Keen back in 1953. The tenant must take proper care of the place. He must, if he is going away for the winter, turn off the water and empty the boiler; he must clean the chimneys when necessary and also the windows; he must mend the electric light when it fuses; he must unstop the sink when it is blocked by his waste. In short, he must do the little jobs around the place which a reasonable tenant would do. In addition, he must not, of [...]
Winter Is Coming – Here’s How to Make the Most of It in Manchester
In this two-minute read, we look at how to ward off Seasonal Affective Disorder (SAD). Are you struggling with the dark days and long nights that kick in at this time of year? Don’t worry – you’re not alone. Millions of Brits experience a dip in mood during the colder, greyer months, often referred to as the ‘Winter Blues’. Some go on to develop Seasonal Affective Disorder (SAD) – a type of winter depression that seriously impacts everyday life. Symptoms include lethargy, mood swings, oversleeping, and appetite changes (especially a craving for carbs). Here are [...]
Are Manchester Landlords Penny Wise but Pound Foolish?
In this two-minute read, we look at the false economies many landlords in Manchester are making regarding their rental properties. Many of us realise doing a bit of DIY can save you money. But it comes with a caveat that you must know what you’re doing first. For every successful bit of hallway decorating, there are dozens of tales of lopsided shelves, incorrectly fitted taps, and a whole host of other DIY disasters and fails. And this risky approach doesn’t just apply to home DIY – we often see it when a landlord tries to do everything themselves. Here are [...]
Whether You’re Buying Or Renting in Manchester, You’ll Regret Not Reading This … Probably
In this two-minute read, we look at avoiding regret when it comes to buying or renting a new home. We’ve all had it – that gnawing sense of buyer’s remorse when we’ve made a purchase. It could be the make of that new car you’ve ordered. Or the colour of that dress that looked good online, but will it have a wow factor when the delivery driver drops it off? Or something as simple as ordering a dish in a restaurant that you suddenly wish you hadn’t as your friend’s requested meal sounds infinitely more appetising. On a more serious [...]