Tag: #HMOlandlord
Selling Your Rental: What Manchester Landlords Must Know
The last few years have been challenging for some landlords. But don’t rush into a decision about the future of your buy-to-let until you’ve read this. Reasons to sell your rental property It’s fair to say that developments in recent years have made things more complicated for some landlords. The restriction on mortgage interest tax relief (or Section 24 as it is often known) has raised many landlords’ tax bills. And many local authorities have introduced selective licensing and additional HMO licensing regimes. Furthermore, the new government is currently working on the Renters’ Rights Bill, which could become law in [...]
How to Get ‘Rent Ready’ before You Start Your Manchester Property Search
Stand out in Manchester’s competitive rental market by being ‘rent ready’ with all documentation and deposits prepared for a smooth move-in process.
A Very Merry Christmas Checklist for Manchester Landlords
Want to enjoy a safe and stress-free Christmas without an emergency call from your tenants? Then, run through this helpful checklist. Christmas is just a few weeks away, but don't put your feet up yet if you're a landlord. While emergencies are rare at a rental property, they can crop up occasionally – even on Christmas Day. A pipe could burst, the back fence could blow over, or some other unfortunate mishap that requires your urgent attention. But there are ways you can minimise the chances of getting a call from your tenant while you're tucking into your turkey [...]
Calling Manchester Landlords – It’s Nearly Time to File Your Tax Return
If you’re a landlord, the deadline for filing your 2023-2024 income tax return is fast approaching. Here are some important things you need to know. When to file your tax return Self-employed landlords need to file their tax return (and pay any tax owed) each year using the self assessment system. For the 2023-2024 financial year, this must be done by 31 January 2025 (unless HMRC has notified you otherwise). If you don’t, you will receive an automatic £100 penalty. This will increase the longer you delay. This doesn’t apply if you own your property [...]
How to Do the Basics Brilliantly: Key Tips for Landlords in Manchester
Have you ever wondered how some landlords seem to run successful portfolios and others don’t seem to crack the rental property puzzle? In our experience, we’ve seen what the best do that the rest don’t. And the answer is surprisingly simple; they do the basics brilliantly. The best landlords have weathered many storms over the years, from interest rate rises and market turmoil to regulatory and tax changes. And they’ve seen countless Prime Ministers, Chancellors and Housing Secretaries (there’s been a revolving door in that department) come and go. The key learning here is they don’t get too worked up [...]
What Can Manchester Landlords Expect in Next Week’s Budget?
After months of fevered speculation, Chancellor Rachel Reeves will unveil her autumn Budget next week (Wednesday 30 October). As the announcement could have important implications for landlords, let’s consider what might be included in it. But first, a caveat Leaks and rumours accompany the lead-up to any major fiscal event, and this Budget – Labour’s first for 14 years – has been no different. There has been lots of speculation including some news articles that could only be described as scaremongering. What we know is that Labour has promised not to raise income tax, VAT or employee NI contributions. The [...]
How to Make Your Manchester Property Tenant-Ready in Five Easy Steps
Welcoming a new tenant can be exciting for landlords, but it also requires careful preparation to ensure a smooth transition. A well-prepared property makes a great first impression and can set the tone for a successful tenancy. Here are five key steps landlords should take before handing over the keys. Inspect and refresh the property Begin with a thorough inspection. Look out for issues like faulty fittings, leaks or signs of wear and tear. Addressing these minor problems now can prevent major headaches later. Consider a fresh coat of neutral paint to rejuvenate the space and create a welcoming atmosphere [...]
Manchester Landlords: Top Tips for Buying a Fixer-Upper
When considering the purchase of a ‘doer-upper’ – a property that requires refurbishment – landlords are often faced with a Shakespearean (ish) question: “To buy, or not to buy?” It’s an important decision where you must weigh up several important factors before choosing to invest or not. Below are five key considerations to keep in mind: Budget for refurbishment Before purchasing a doer-upper, make sure you budget accurately for the refurbishment work. You must account for not only the obvious repairs but also any hidden issues that may arise once work begins, such as damp or structural problems. A detailed [...]
Avoid These Common Pitfalls as a First-Time Landlord in Manchester
Despite overblown media reports of a wave of landlords selling up due to regulation changes and new government policies, property remains a viable long-term investment for many. For first-time landlords, however, common pitfalls can turn a promising venture into a stressful experience. Avoid these six mistakes to ensure your property investment journey gets off to a smooth start. Underestimating costs One of the biggest errors new landlords make is underestimating the ongoing property maintenance costs. Repairs, safety inspections and void periods (when your property is empty) can quickly eat into your profits. Budgeting for unexpected expenses and having a contingency [...]
The Surprising Demographic Shift Taking Place in the Manchester Rental Market
First-time buyers might be getting older, but when it comes to landlords, it’s a different story. A new survey* has found that in the past nine years, there’s been a drop in the average age of landlords in the UK. Back in 2014, the average age for a landlord purchasing a rental with a buy-to-let mortgage was 46.4. By 2023, that figure was down to 42.9. Age breakdown Young adults are often presented as economic lightweights who fritter their cash away on avocado toast and pumpkin spice lattes. But take a deeper dive into the figures, and it’s clear [...]
What’s Happening in the Rental Market? Update for Manchester Landlords
Is the rental market running hot or cold, and what can we expect in the coming year? Let’s dig into the latest data from the Office of National Statistics (ONS) and property portal Zoopla to find out. Taking stock Unless you spent 2023 hiding under a rock, you’ll know that rents rose last year. A combination of higher interest rates, which put pressure on buy-to-let (BTL) mortgages, and high inflation saw rents increase. The real question is, by just how much? The latest ONS data shows rents in the UK grew by 8.6% in the year to July 2024. A [...]
Savvy Styling Tips for Your Manchester Rental Property
Property experts often advise sellers to style their home before they put it on the market. Go the extra mile with presentation, and buyers will be impressed by what they see and smell, or so the theory goes. But do the same styling rules apply to landlords hoping to attract top tenants to their buy-to-let? While there’s a little less scope for creative presentation with rentals (because they tend to be unfurnished), we think basic styling principles can still apply. A well-styled rental sends a clear message to prospective tenants that the landlord is proactive and [...]
How to Reduce the Risk of Fire at Your Manchester Rental
Did you know that a blaze is seven times more likely to start in a rental property than in a home occupied by the owner?* It's a shocking statistic that underlines the need for landlords to prioritise fire safety. So, let's look at how to keep your tenants and property safe. Follow the law Landlords must follow strict rules on issues such as smoke and carbon monoxide alarms, gas and electrical safety checks and the provision of unobstructed escape routes. We won't go into too much detail here as there's a lot of ground to cover** (if you'd like [...]
How to Choose a Manchester Letting Agent
Great letting agents make a world of difference to their clients. They're star performers who keep tenancies running smoothly, properties well-maintained and landlords on the right side of the law. But not all letting agents are equal. Unfortunately, a small minority are rogue operators with ulterior motives. So how can landlords find a reputable, legit letting agent to manage their rental? Let's find out. But first, a cautionary tale This story, recently reported by the BBC, is a prime example of what can go wrong if you get hoodwinked by a rogue agent. A [...]
Buying Your Manchester Rental Property: What You Need to Know
If you feel totally at home in your rental property, you may daydream about buying it from your landlord. So, what issues come into play when you want to buy the property that you’re renting? Let’s take a look. Be realistic While it’s not unheard of for a tenant to buy their rental, it is uncommon. One reason for this is timing: the tenant needs to be in a financial position to buy the property at the same point as the landlord is looking to sell. Understand the commitment involved There are benefits to [...]
Common Lettings Terms That Manchester enters Need to Know
Lettings terminology can be confusing, especially if you’re new to renting. So, here’s a jargon-busting list of commonly used rental terms to help you navigate the lettings market*. Agent An agent is a person who acts on behalf of the property owner (i.e. the landlord). Agents can be involved in letting activities such as finding tenants, tenant referencing and the day-to-day management of the property. Arrears If a tenant fails to pay some or all of their rent when it’s due (as specified in the rental contract), the outstanding amount is called arrears. AST AST stands for Assured Shorthold Tenancy. [...]
Eight Things to Consider if a Tenant Abandons Your Manchester Rental
Property abandonment is a rare but complex issue that, if mishandled, can get a landlord in legal trouble. So, let’s look at the key things to consider if a tenant abandons your rental without notice. What is abandonment? When a tenant leaves a rental before the end of their contract (usually without notifying the landlord), it’s called abandonment. If a landlord suspects their tenant has ‘done a runner’, then it’s important that they follow these tips. Talk to an expert If you think you’re dealing with tenancy abandonment, speak to a professional (your letting [...]
The Impact of AI on Manchester Rental Sector: A Look Ahead
Artificial intelligence (AI) is making tsunami-like waves across various industries, and the UK rental sector is no exception. For landlords, understanding how AI might shape the future of property management is important for maximising their investment and protecting their assets. Here’s a glimpse into the potential changes AI could bring while also highlighting the importance of letting agents in handling the human aspects of renting out your property. Smarter property management AI can revolutionise property management by automating routine tasks. Smart maintenance systems powered by AI can predict when appliances need repairs before they break down. This proactive approach [...]
Three Weird Questions to Test the Knowledge of Manchester Landlords
When it comes to being a successful landlord, it pays to heed the words of Forrest Gump. The slow-witted, kind-hearted fictional character played by Tom Hanks on the big screen uttered a phrase that should serve as a guiding motto for all landlords. “Life is like a box of chocolates; you never know what you’re going to get.” No matter how experienced and diligent you are as a landlord, you never know what unexpected dilemma is going to come your way. And when a tenant throws you a curveball, it’s important that your response falls within the bounds of [...]
The Dos and Don’ts of Deposit Deductions: Advice for Manchester Landlords
When a tenancy ends, there’s often confusion – and sometimes disputes – over what a landlord can claim as a deposit deduction. So, let’s look at what’s reasonable to claim and how to avoid deposit disputes in the first place. A landlord can deduct funds from a tenant’s deposit to cover*: Unpaid rent or bills. Damage caused by negligence or recklessness. (The tenant should return the property in the same condition as at the start of a tenancy.) Anything in the property at check-in that is missing at check-out, such as furniture, appliances and smaller items such as lampshades or [...]
Eleven Things to Do before You Move Out of Your Manchester Rental
As we all know, moving home can be a stressful business. But you can avoid a frantic panic on the big day by starting your end-of-tenancy preparations sooner rather than later. With a little bit of planning and forethought, you can streamline the process and avoid a last-minute scramble. Once you’ve agreed on a moving date with your landlord or letting agent, follow this guide. Check out your check-in report: Review the inventory you received on moving-in day. This will outline the property’s condition at the start of the tenancy. It’s your responsibility to return the property [...]
Warning: Danger Ahead! The Rental Red Flags Manchester Landlords Should Heed
If you’re a landlord, you can probably think of nothing worse than your rental sitting empty. The prospect of covering the mortgage and utility bills in between tenancies may keep you awake at night. And there are security implications too: a lengthy void period may invalidate your landlord insurance and increase the risk of squatters moving in. But in a desire to get new tenants in, it’s essential you don’t let your guard down. Because while an empty rental is bad, having a tenant who is a fraudster or serial rent dodger is worse. So, if you hear any of [...]
Secure Your Manchester Rental: A Landlord’s Guide to Summer Safety
When summer arrives, the issue of property security becomes even more relevant for landlords. The summer months provide more opportunity for thieves to take advantage of longer days, open windows and doors, and vacant properties. As a landlord, you need to protect your investment, but it’s also good practice to help your tenants feel safe and secure. Here are five relatively simple security steps landlords can take to safeguard their properties during summer. Upgrade locks and secure entry points As a landlord, it’s important to strengthen all entry points. Invest in high-quality deadbolts for doors and ensure windows have sturdy [...]
Five Factors to Consider when Setting Rent in Manchester
Setting the correct rental price for your property is essential to attract the best tenants and maximise the return on your investment. Too high, and you won’t get that all-important awareness and interest. Too low, and you’ll be out of pocket. Here are five key considerations every landlord should keep in mind when setting the rent for their rental property. Market research: Before setting your rent, make sure you understand the local rental market in your area. Look at similar properties in terms of size, location and amenities to gauge an appropriate price range. Search online property portals and [...]
The Biggest Challenge Facing Manchester Landlords Today – And How to Tackle It
One issue, above all else, causes landlords sleepless nights. Can you guess what it is? Could it be maintenance and repairs? Or maybe it’s worrying about the rent being paid on time? If you answered one of the above, thanks for playing, but you’re mistaken. The biggest challenge landlords currently face is abiding by government regulations. In a recent survey*, 67.5% of landlords said complying with red tape was their most significant hurdle. (This figure was up from 39% the year before, a clear indication of growing concern about the issue.) And when you think [...]
How Landlords in Manchester Can ‘Grow’ Trust with Tenants
Gardens can boost a rental property’s appeal, often making it more attractive to potential tenants – especially during May, as spring is here and summer is around the corner. But, as beneficial as they may be, gardens can also be a source of friction between landlords and tenants, particularly when it comes to maintenance responsibilities. To skilfully swerve such disputes, landlords should adopt a proactive approach. Here are five straightforward strategies to help keep your garden an asset, not a liability. 1.Simplify garden designs Choose garden designs that are both appealing and easy to maintain. Opt for plants that require [...]
Five Things Manchester Landlords Should Consider before Buying a Property Abroad
Investing in a buy-to-let abroad can be a tempting prospect. Owning your own little piece of paradise while earning a rental income can seem like a win-win scenario. However, it’s essential to have realistic expectations about the challenges landlords face when managing a property overseas. Here are five things to consider before investing in an overseas rental. The distance factor : Managing maintenance and repairs is difficult when you live hundreds of miles away (especially if you don’t speak the local language). As a result, most landlords get an agent to manage the property for them. As you won’t be [...]
Top Tips for Attracting High-Quality Tenants in Manchester
Some landlords, actually many, have an ‘if it ain’t broke, don’t fix it’ approach to their rental property’s upkeep. But by proactively refurbishing and modernising your rental properties, you can realise a host of benefits that will attract premium tenants and add long-term value to your investment. Here are seven ways why, and how, astute property upgrades benefit forward-thinking landlords. Attract premium tenants: By upgrading your rental, you ensure it meets high standards, making it more likely to be rented quickly, thus minimising those dreaded void periods. Create better landlord-tenant relations: A well-cared-for property often inspires respect and care in [...]
Making Tax Digital: A Timeline for Manchester Landlords on the Upcoming Changes
Making Tax Digital: A Timeline for Manchester Landlords on the Upcoming Changes Did you know that HMRC plans to introduce new rules on how landlords file their tax returns? Here’s an update on what these changes involve and a timeline for when they’ll come into force. Making Tax Digital (MTD) is an initiative designed to streamline the tax system by fully digitising it. As MTD has been mooted for quite some time and its implementation delayed twice already, you may have already heard about it. But if you’re hazy on the details or have buried your [...]
Managing and Reducing Void Periods in Manchester
Owning a rental property isn’t just about what happens while tenants are in place; effectively managing periods when your property is unoccupied is equally important. Every landlord faces void periods as a natural part of property letting, making it essential to prepare financially and strategically to manage its impact. Void periods mean not only the loss of rental income but also the burden of continuing to pay the mortgage, utilities (including standing charges) and council tax without money coming in from tenants. It was once common for local councils to offer a grace period for council tax on empty properties, [...]
How to Protect Your Manchester Rental from This Common Cause of Property Damage
What’s the most common reason for landlords finding themselves in hot water and needing to make an insurance claim? The answer, according to one insurance company* at least, is ‘escape of water’. This term covers everything from burst pipes and defective washing machines to leaky loos and dripping taps. In a recent report, the firm revealed that 35.5% of all claims paid to landlords were related to water damage. And while most claims totalled a few thousand pounds**, some were for much, much more. (Spare a thought for the landlord who had to claim £145,000 after a [...]
What You Need to Know if You Inherit a Rental Property in Manchester
If you’ve just inherited a rental property, then you may be wondering what your options are. While you won’t need to make any decisions on the spot (it usually takes many months to settle an estate), it’s good to start thinking about the issues you’ll have to address in time. The first is what you intend to do with the property. Assuming you don’t want to move in yourself, your options are to: Continue to rent the property out. That way, you’ll earn a monthly income and have a long-term investment that you could later pass [...]
FAO Manchester Landlords: What Makes a Property a Good Investment?
There are five fundamentals to consider when thinking of buying a rental property. Whether you’re a seasoned investor or taking your first step into the rental property market, make sure you understand what makes a place a good investment. Here are five points to consider carefully: Location, location, location. The age-old mantra is as relevant as ever. A property’s location can significantly impact its desirability and, consequently, its value. Look for areas with strong growth potential, good infrastructure and accessibility to amenities like shops, good schools and public transport. Up-and-coming neighbourhoods or those in the regeneration process may offer particularly [...]
FAO Manchester Landlords: Five Key Checks for Your Rental Property
Maintaining a rental property in Manchester isn’t just about collecting rent; it’s about safeguarding your investment and keeping your tenants happy and safe. That’s why regular property inspections are so crucial. They help you spot potential issues before they become costly repairs and ensure your property remains a place people are proud to call their home. Here’s the lowdown on the five key areas you need to focus on during your inspections: Structural integrity: Let’s talk about the ‘bones’ of your property. Look for any cracks in the walls and ceilings. Also, checking the roof for missing tiles or leaks [...]
Top Renovation Tips for Manchester Landlords
Planning to renovate your rental? There’s one thing you should know before you start pulling up carpets or ripping out cabinets. It will help you avoid a costly and avoidable mistake that many landlords make, and it’s this. Don’t let your emotions cloud your decision-making. It sounds simple, but you’d be surprised how many landlords lose sight of the fact that they’re supposed to be making business decisions. As a result, they do one or more of these things: Spend more than they need to. Spend cash in the wrong areas. Wind up with a longer [...]
FAO Manchester Landlords: The Five Mistakes You Can’t Afford to Make
Being a landlord is rewarding, but it comes with its own set of challenges and responsibilities. Over the years, we’ve seen and helped solve most of the mistakes landlords can make. To help you navigate this complex terrain, here are the five most common mistakes we’ve encountered and how to avoid them, ensuring a more profitable and stress-free experience. 1. Neglecting property maintenance One of the gravest errors is failing to maintain the property. This leads to disgruntled tenants and costly repairs down the line. Prevent this by scheduling regular check-ups and addressing issues promptly. [...]
What Manchester Couples Need to Know before Moving In Together
If talk between you and your partner this Valentine’s Day turns to living together, there are a few practical things you should know first. Here at Myhouse Agents, we pride ourselves on being as helpful as possible. But dishing out relationship advice is a step too far – even for us. So, if you’re considering moving in with your partner, we’ll leave the big decisions and lovey-dovey stuff down to you. However, if you decide to co-habit, we have some useful, albeit unromantic, advice for you. It’s based on insights we’ve gained over the years from [...]
Renters Reform Bill: An Update for Manchester Landlords
After years in the making, it looks like the Renters Reform Bill – the biggest shake-up of the private rental sector in decades – will become a reality in 2024. So, how much do you know about this wide-reaching set of proposals, and are you ready for them? Be prepared Perhaps you’ve read a few articles about the bill but have put off getting to grips with the details (after all, politicians put forward all sorts of proposals, many of which never happen). Or maybe you’ve taken the ostrich approach, hoping it will go away. [...]
How to Spot the Signs of Illegal Subletting at Your Manchester Rental
Did you know that one in ten tenants admit to illegally subletting their rental property*? The practice is even more common among young people; in a recent survey, 25% of tenants aged 18 to 24 confessed to secretly subletting all or part of their rental. So why should landlords be concerned about illegal subletting? After all, if the rent still gets paid on time, what’s the problem? Here are a few reasons. You have no idea who is living in your property and what kind of illegal or unwise activities they’re undertaking. It can breach the [...]
Is Your Manchester Rental On Trend? How the Lettings Market Stacks Up Today
Whether you’re a first-time investor or an experienced landlord looking to expand your portfolio, it pays to know what tenants want. Understanding current trends in the market will help you fine-tune your rental marketing strategy and ensure that any improvement work you undertake proves to be of good value. So, what are tenants looking for in 2024? Let’s take a look. Affordability Given we’re in a cost-of-living crisis, it’s not surprising that affordability is the top concern for tenants. With the average UK monthly rent now sitting at £1,348*, more tenants are renting with [...]
Meet the Guppies: What Manchester Landlords Need to Know about This Key Demographic
If you’re wondering what Guppies are (and we’re not talking about fish here) and what they’ve got to do with the property sector, let us explain. The term ‘Guppies’ refers to tenants in the 18 – 39 age bracket who see themselves staying in the rental market for the long term. The nickname comes from the phrase ‘Given Up on Property’ because Guppies don’t see home ownership on the cards for them for at least the next decade. For some, this is because of the high cost of buying a property and the struggle to get a [...]
What’s in Store for 2024? A Look at the Year Ahead in the Buy-to-Let Sector
There’s no doubt that 2023 was challenging for the private rental sector, but looking ahead, landlords have plenty of reasons to be cheerful. While no one knows precisely what will happen in 2024, economists believe interest rates and inflation have peaked, and that the economy will continue to rally. Here’s an idea of what forecasters predict for the next 12 months*. Demand The long-term imbalance between supply and demand in the property market shows no sign of abating. So, the strong levels of demand and high occupancy seen this year look set to continue. Zoopla [...]
Season’s Greetings: A Landlord’s Guide to Tenant Appreciation
Landlords are often portrayed as Grinch-like characters. Devoid of fun, lacking humanity and relentlessly greedy. In our experience, working with dozens of landlords across Manchester, this Scrooge stereotype simply isn’t true. In fact, we often get contacted by generous landlords seeking ideas to spread a little Christmas cheer to their tenants. So, with that in mind, ho, ho, how’s this for five little things that can make a big difference when it comes to building goodwill and rapport? Personalised simplicity A handwritten Christmas card can go a long way. Tailor each message to show you know and value your tenants. [...]
Crisis-Proof Your Property: What Every Manchester Landlord Needs
As any experienced letting agent or landlord can advise you, ‘expect the unexpected’ when it comes to rental properties. And that’s why it pays to follow the Scouts’ motto and “be prepared”. Being prepared for any eventuality can mean the difference between a minor hiccup and a full-blown catastrophe if you’re a landlord. With that in mind, we’ve created a Landlord Emergency Kit. Let’s dive into five essentials that can save the day. Back-up keys Locked-out tenants? Spare keys can quickly resolve this common issue. Store them in a secure yet easily accessible place, and always have duplicates for all [...]
The Untold Stories of Landlords in Manchester: Compassion behind the Contracts
In today’s climate, it’s easy to paint landlords with the same brush – viewing them solely as money-grabbing opportunists. As a letting agency that’s part of a network of like-minded agents, we get to see the rental business’s good, bad, and ugly side. Yes, there are some unscrupulous, greedy landlords. We do our best to avoid these. However, many landlords strive to do the right thing for their tenants. We’ve gathered some inspiring tales that highlight the, more often than not, unpublicised acts of kindness that landlords have done and continue to do. In one remarkable situation, a landlord had [...]
Tricks or Treats? Demystifying Rental Myths for Manchester Landlords This Halloween
In this Halloween Special, we look at five scary things landlords in Manchester need to be mindful of to avoid nightmares. The ghostly guarantee of quick tenants Some letting agents will convince landlords that finding tenants is a quick and painless process. However, rushing it without proper checks and considerations can lead to choosing the wrong tenant. Patience and due diligence will save you from a frightening future filled with unexpected issues. The curse of the bad tenant Many landlords dread being trapped in a lease with a problematic tenant. This doesn’t have to become your reality. Thoroughly understand your [...]
Rental Sector Market Update for Manchester Landlords
After a challenging 12 months for the economy, how is the private rental sector faring, and what lies ahead for buy-to-let landlords? In this market analysis, we look at some facts and figures to give you an accurate update on the private rental sector. Demand Demand for rentals is running hot. It’s up 3% on 2022 levels and a whopping 42% higher than in 20191. Reasons for this include first-time buyers struggling to get on the property ladder (an issue made worse by higher interest rates) and a shortage of purpose-built student accommodation. Supply The long-term imbalance between housing supply [...]
Manchester Landlord’s Guide to Finding Tradespeople You Can Trust
It’s up there with late rents, messy tenants and broken boilers on a landlord’s Headache-ometer. What are we talking about? Finding (and keeping) tradespeople you can trust to look after any property maintenance or issues landlords need to get sorted. In this article, we share five tried, tested and trustworthy tips on how to find the very best and swerve the unreliable rest. Tip #1: Know your needs Understanding what you require is the first step. Is it a leaky tap or a major renovation? Assessing the job’s complexity will help you choose between a handyperson and a specialist. Tip [...]
How to Be a Pet-Friendly Landlord in Manchester
If you’re a landlord looking to attract long-term tenants, it’s worth thinking about ways to make your investment property as appealing as possible. And one area you may have overlooked is the army of British pet owners who need a rental property, and want to make their furry friends as comfy as possible. Unfortunately, over the years, many landlords have been known to refuse pet owners, perhaps due to worries about damage or general unsuitability for a property. Many pet owners tend to stay put in a rental as it can be difficult to find somewhere suitable. [...]
Why It Could Be Better to Rent Out Your Property Rather Than Sell
If you’re fortunate enough to be in a financial position where you can rent out your home instead of selling it, should you take the leap? After all, if you don’t need to sell to fund your next move, renting your property is an option worth exploring. Here, we explore the dilemma of renting out a property instead of selling it. Timing As we all know, property sales can take time. There are lots of hoops to jump through and boxes to tick before you get that money into your bank account. If you’re moving away [...]
What to Consider When You’re Pricing Your Manchester Rental
If you’re a first-time landlord about to rent out a property, or an established landlord looking to purchase a new investment, one of the main questions you’ll have is how much rent you can charge per month. Of course, you can (and should) take the advice of your agent, but it’s also worth understanding exactly what factors impact the amount of rent you can sensibly charge. In this quick read, we explore the factors you need to consider before pricing your rental property. Compare The first thing to look for is properties that are similar to [...]
Why Property Inspections Could Save You Money
As a landlord, you’ve probably experienced that feeling of dread when your tenant’s name flashes up on your phone, reporting a problem. Or how about the horror of receiving the news that you’re going to have to pay for urgent (and expensive) repairs? If either of these situations sound familiar, it could mean you’re not inspecting your rentals enough. Being a landlord isn’t just about buying a property and raking in the rent. It’s a difficult job that requires attention to detail, making sure you’re meeting legal obligations, and ensuring your tenants are enjoying a safe living [...]
Should You Invest in a Turnkey Buy-to-Let or a Renovation Project in Manchester?
Whether you’re an established landlord or a first-time investor, you’ll probably be thinking about what to buy: a ready-to-go rental or a doer-upper. Which one should you pick? Currently, lots of changes are being made around rental rules, and reports claim that many landlords are selling up. However, there are still plenty of investors making their move into the rental space. And with the UK facing a possible decline in house prices, now may be the right time for you. But what do you buy? A turnkey rental is one that is ready for tenants to move [...]
How to Make the End of Manchester Tenancy Run Smoothly
As a landlord, one of your main goals is to make sure your property is tenanted. As soon as the old tenants decide they’re moving on, it’s time to find new renters to move in. But while you’ll be keen for a quick turnaround, it’s also important that things are done properly (cutting corners will cause you problems in the long run). Not only will you want to end the initial tenancy correctly, but you’ll also want to start the next one off on the right foot. In this quick read, we look at how to ensure [...]
Top Rules for a Happy Manchester House Share
Renting a property with a friend or acquaintance? Never lived with anyone before? We’ve got you covered with some top tips to help manage your new living situation. These days, renting isn’t cheap and whether you’re a student or professional, those monthly payments can feel like a stretch. So, if you’re about to move in with a flatmate, it’s worth sticking to some basic rules to make sure your tenancy works out for the both of you. In this quick read, we look at ways to make your flat share feel like a happy home. Understand Your [...]
Why a DIY Tenancy Agreement Could Be Disastrous for Manchester Landlords
Why a DIY Tenancy Agreement Could Be Disastrous for Manchester Landlords Type ‘tenancy agreement’ into Google and you’ll get thousands of results offering free online templates and guides to writing your own rental contract. So why bother using a letting agent to sort out the tenancy agreement if you can do it yourself? What could possibly go wrong? Well, quite a lot. Hastily downloading a template from the internet and high-fiving yourself for a job well done could prove to be a costly mistake. It might not become apparent for months or even years, but if [...]
How to Make Your Manchester Tenancy a Happy One
As a landlord, as well as managing the finances, the property, and any repairs or maintenance, you must also remember to look after your tenants. While nine times out of ten you’ll never have to deal with anything too difficult, sometimes relationships can be testing. So, what’s the best way to deal with issues that arise during a tenancy? In this quick read, we look at ways to deal with such problems. Help avoid fall-outs You can’t control the arguments that arise between tenants; however, you can try to avoid future rows by setting out clear advice [...]
Why Self-Managing Your Manchester Rental Could Be a Costly Mistake
Why Self-Managing Your Manchester Rental Could Be a Costly Mistake Not since 2008, when Katy Perry stormed the music charts and Gavin and Stacey ruled the small screen, have interest rates been as high as they are today. As a result, many mortgage holders are looking for ways to trim their outgoings to ease the financial burden. Homeowners are putting DIY projects on the back burner and reducing their spending on holidays and takeaways, while some buy-to-let landlords are toying with the idea of self-managing their rental portfolio (despite the fact agent fees are tax deductible). But while [...]
Choosing a Letting Agent: What Manchester Landlords Need to Know
How can you spot a top letting agent from a master of mediocrity? Read on to find out. Landlords use letting agents for all sorts of reasons. Some need help navigating red tape and lettings legislation, while others want a third party to deal with inspections, inventories and disputes. And some just want peace of mind and to know that their investment property is being managed by a safe pair of hands. Whatever your motivation as a landlord, once you’ve decided to use a letting agent, it’s important to choose a good one. Here are [...]
Tenants’ Guide to a Safe and Relaxing Summer in Manchester
At last summer is here, so what are your plans? Have you booked an exciting getaway in an exotic location? Or is the aim to kick back and relax on home turf? Whatever you’ve lined up, it’s worth taking note of the common concerns that can crop up in rented accommodation during the summer. If there’s a garden at your rental property: Check your contract to ensure you understand what’s expected of you in terms of maintenance. Commonly, tenants are expected to carry out general tasks such as watering and mowing – and in summer, you’ll most likely need to [...]
Renting a Property in Manchester? Find Out How to Get Your Repairs Sorted
Problems in the home are a nuisance. Like when you’ve got a leaky tap and the drip drip drip drives you to distraction, or when your fridge packs up and food goes to waste. When things go wrong, it’s understandable you want them fixed ASAP. But what if you’re a tenant? What’s the best way to get an issue resolved? Repairs and maintenance in a rental property are usually a landlord’s responsibility. As a tenant, you’ve got to wait until they sort it out, so what’s the best way to communicate with your landlord? How can you get them [...]
Keep It Formal – Why You Should Maintain a Professional Relationship with Tenants
As a landlord, it’s important to build a good relationship with tenants. You want them to feel comfortable in their new home and to care for it, pay rent on time, and generally have a successful tenancy period. But what makes a good relationship? Unless you’re renting a property out to friends or family, it’s likely you won’t have met your tenants before. So, while it’s important to introduce yourself and maintain a good line of communication, there is a danger of becoming too friendly with them. And once you’ve crossed that boundary, it could cause a [...]
How Manchester Landlords Can Ensure a Tenancy Gets Off to a Good Start
If you’re a landlord about to settle a new tenant into a property, there’s one phrase that should be your guiding mantra: “Start as you mean to go on”. Because what you do in the early stages of a tenancy will help define what unfolds over the next weeks, months and possibly years. Get things right, and you’ll build the foundations of a long and successful tenant-landlord relationship (the kind that all landlords dream of). Get it wrong, and you could be in for a bumpy ride that absorbs much of your time and energy and leaves you stressed and [...]
Why Renting in Manchester Could Be the Best Choice for You
The pitfalls of renting are always shouted about: too expensive, dodgy landlords, broken appliances and so on and so on. But what about the positives? With rental reforms on the horizon and changes to eviction rules in full swing, let’s explore why being a tenant is the best choice for some people. According to research by the HomeOwners Alliance, 86% of people want to own their own home. But sometimes, the dream of buying just doesn’t make sense. High interest rates, a lack of savings and additional costs can put that first step on the property ladder out [...]
Why It Makes Sense to Retrofit Your Manchester Rental in Summer
With summer officially starting in a few weeks, most people will have banished all thoughts of winter and the dark, damp days that go with it. But there’s a good reason why landlords should look beyond the sunny skies of the here and now to the colder months. And here’s why. Summer is a good time to get your property ready for winter by making changes that will improve its energy efficiency and reduce heating costs. Here are three reasons why retrofitting in summer makes good sense. Good weather It makes life easier for builders and tradespeople when they don’t [...]
What Manchester Landlords and Tenants Need to Know about Home Security
It’s not just birds, bees and butterflies that come out in force in summer – unfortunately, burglars step up their activity, too. With many people going away on holiday (leaving homes empty) and others opening their windows and doors when temperatures rise, burglary rates spike in summer. So, how can tenants and landlords stay one step ahead of the crooks and avoid the financial and psychological cost of a break-in? The answer is to be vigilant and work together. Tips for tenants Always check that you’ve locked all windows and doors before leaving home. If the [...]
Guide to Garden Maintenance for Manchester Landlords and Tenants
Garden maintenance can be a thorny issue between tenants and landlords, so here’s a useful guide to help avoid confusion. Now that spring is here, there are lots of tasks to be done in the garden, such as watering, weeding and mowing. But if the garden is part of a rental property, who is responsible for doing them? That’s a question that has vexed many tenants and landlords over the years (garden maintenance is the cause of about a quarter of all deposit disputes*). So, here’s an outline of responsibilities for maintaining outdoor areas at a rental property. But first… [...]
Update: What the Renters’ Reform Bill Means for Manchester Landlords
After a four-year wait and lots of speculation, a wide-ranging plan to overhaul the rental sector was finally presented to Parliament this week. The Renters’ Reform Bill includes changes to eviction laws, the creation of a Private Rental Ombudsman to resolve disputes and measures to speed up the existing court process. The bill will now be scrutinised by MPs and members of the House of Lords, so is subject to change. But here’s a brief rundown of the proposals as they stand and what they mean for landlords. If, after reading it, you’d like to have a more detailed conversation [...]
What Manchester Landlords Need to Know about Condensation and Mould
How can landlords and tenants combat condensation and mould? Read on to find out. Condensation and mould The two are often bundled together because if you’ve got condensation, there’s a good chance it won’t be long before you’re battling mould. Condensation can be caused by warm air hitting cold surfaces or by lots of humidity in the air. The air cools and droplets form, creating a damp environment – and a perfect breeding ground for mould. Mould grows in black, green or brown spots. It’s most commonly found in bathrooms and kitchens but can thrive in any damp or humid [...]
Five Ways to Be a Great Manchester Landlord
As a landlord in 2023, it’s fair to say there are a lot of challenges on the horizon. From changes to rental rules, tax upheaval, mortgage mayhem… it’s all going on. But the first thing to remember is your tenants and their experience of your property. It’s all too easy to move new people into your vacant rental and forget about them until a problem arises. So why not try and make the tenancy run as smoothly as possible from the outset? In this three-minute read, we look at five priorities a landlord should consider. Create a [...]
How to Stop Vermin Invading Your Manchester Home
What’s cute, has a bushy tail and could cause thousands of pounds worth of damage to a rental property? Unfortunately, as sweet as they may seem, squirrels and their nests can be a nightmare for landlords and tenants. Once those little grey beasts make themselves at home in a property, you’ve got trouble ahead. A report by general insurers LV= found that claims caused by squirrel infestations jumped up by 51% last year. Why do the furry critters do so much damage? Squirrels’ teeth never stop growing, so they chew and chew and chew some more to file [...]
How the Cost-of-Living Crisis Is Impacting Manchester Rents
You can’t open a newspaper (or app) without seeing something about the UK rental market. Whether it’s the increase in demand for property, changes to rent rules or landlords selling up – rentals are getting a lot of attention. And one matter that is causing a lot of controversy is the issue of rising rent. In a cost-of-living crisis, the increase in monthly rent is understandably worrisome for tenants, but are landlords really to blame? Owning investment property is a business, and for many full-time landlords, it’s their sole source of income. The same applies to one-off or [...]
How Manchester Landlords Can Manage and Minimise Void Periods
Success as a landlord doesn’t just centre around what you do when your property is tenanted. How you manage your rental when it’s empty is also crucial. All landlords have to contend with void periods – they’re an inevitable part of having a buy-to-let. So, it’s wise to budget for the costs associated with void periods and take precautions to stop them dragging on. That’s because when your property is empty, not only will you be missing out on rent, you’ll also have to cover the mortgage and utility bills (you’ll need to heat your property to [...]
How to Prepare for an End-of-Tenancy Inspection in Manchester
It’s widely recognised that moving house is one of the most stressful (and annoying) life events you can experience. If you’re nearing the end of a tenancy agreement, there are a few things you can do to ensure your check-out inspection goes well and (upon moving out) you get your tenancy deposit back in full. In this quick read, we go through ways to make moving out easier for you and your landlord. Report issues or breakages early Let your landlord or managing agent know in advance of any damage that has occurred – whether it’s [...]
Four Ways to Reduce the Stress of Being a Manchester Landlord
Being a landlord is one of those jobs where there’s no middle ground. It’s either low stress with great tenants and affordable mortgage rates, or it’s the total opposite: high stress, broken appliances, tenancy challenges and ever-increasing costs. When a property is vacant, there’s worry about how long it will take to find new residents. When new tenants move in, there’s the stress of managing the rent payments, and then there’s the constant anxiety about a boiler breakdown or major leak. As April is Stress Awareness Month, there’s no better time to look at a few ways you [...]
A Guide to Adapting Your Manchester Rental for Older Tenants
Older tenants are a growing force in the private rental sector, so is it time for savvy landlords to proactively target this demographic? It’s one of the most striking trends in the housing sector over the past decade. Between 2011 and 2021, the number of tenants aged between 45 and 64 skyrocketed by 70%, while those over 65 jumped by 38%.* A third of renters are now over 45. And due to high property prices and the challenges of getting a mortgage later in life, many in this group will stay renters their whole lives. What [...]
How to Make Sure Your Manchester Rental Property Is Safe
Many people are under the assumption that being a landlord is an easy ride. Get your tenants in, collect the monthly rent and that’s it, you’re laughing. Sounds like a dream… Unfortunately, it’s far from the truth, as most experienced landlords and agents will tell you. Unless you’re lucky enough to have long-term tenants, every time a new lot of renters move in, there are lots of checks to be made, forms to sign, letters to send and on it goes. One thing that should never be ignored or delayed are your annual safety checks. As a landlord, [...]
Important Reasons Landlords has to do Legionella Risk Assessments in their Rental Property
As a landlord, you have many responsibilities when it comes to the safety of your tenants. One of the less well-known, but still vitally important, responsibilities is ensuring that your properties are free from Legionella bacteria. This is why a Legionella risk assessment is essential for any landlord. Here are some of the reasons why: It's a legal requirement under UK Law Landlords are required to assess the risk of Legionella in their properties and take appropriate measures to control any risks identified. Failure to comply with these regulations could result in legal action, including large fines and even [...]
What You Need to Know if Your Manchester Landlord Decides to Sell Your Rental Property
As a tenant living in a rental property, you need to be aware of your rights. Fortunately, due to recent reforms in legislation, you’re now more protected than ever when it comes to matters of eviction and deposits. But what if your landlord tells you they’re planning to sell the property where you live? First things first, don’t panic. If you’ve signed a tenancy agreement, your landlord must stick to it, even if they’re planning to sell the property. In this quick read, we look at some questions you might have if your landlord decides to sell. [...]
Eight Reasons Why Manchester Landlords Should Refurbish Their Buy-to-Lets
“If it ain’t broke, don’t fix it.” That’s the view some landlords take on the question of renovating a buy-to-let. They do the absolute minimum in terms of maintenance and repairs and only manage to meet their legal obligations by the skin of their teeth. The décor is shabby and tenant turnover is high, but hey, they’re saving every possible penny, so they feel rather pleased with themselves. So, is this the best way to get the most out of your property investment? We’d argue that instead of running your buy-to-let down to its bare [...]
How to Find a Letting Agent in Manchester: Six Questions to Help You Spot a Good Agent
Fed up with self-managing your buy-to-let and want a top-notch professional to do it for you instead? Here’s how to find the best letting agent in your neighbourhood. So, you’ve decided to get a letting agent to manage your rental. You can’t wait to hand the burden of regulatory red tape and admin over to an expert but are faced with a dilemma. With so many agents out there, how do you find the best one? The last thing you want is to sign a contract with an agent and find that they never pick up the phone, [...]
Turn Your Manchester Rental Property into Somewhere You Love
Whether your rental property is a blank space you just sleep in, or it’s a new family property, it’s important to make it feel like home. So, how can you fall in love with your rental without breaching tenancy rules? You could be a long-term renter or maybe a flat-sharer, but one thing is for sure, making the space your own will immediately change the way it looks and feels. In this quick read, we look at ways to love your rental without falling foul of any tenancy agreement rules and stipulations. Check what’s allowed Before [...]
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 [...]
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. [...]
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 [...]
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 [...]
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 [...]
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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 [...]
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 [...]
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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 [...]
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https://www.youtube.com/watch?v=Cj0sDBoabrA
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 [...]
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 [...]
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 [...]
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 [...]
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. [...]
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 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 [...]
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 [...]