We’re frequently presented with figures for average rental prices and average yields, but it’s not that often we’re told how long the average tenant stays in a rental property.
It’s therefore interesting to take a look at a study recently carried out by a major insurer which focuses on just that.
An accidental landlord is, as the name suggests, someone who has ended up letting out a property they own through circumstances, rather than by design.
There has been plenty of coverage about incoming buy-to-let tax changes and how this is bad news for landlords and investors across the country.
However, buy-to-let still represents a very good investment opportunity if you choose the right areas and market your property well. Continue reading
It’s been said many times before, but it’s something that can never be said enough – as a landlord, you have a duty of care towards your tenants; an obligation to keep them safe and away from any harm.
When it comes to electrical safety, though, it’s all too easy to fall into the trap of complacency.
As a landlord, your goal is to attract high-quality tenants in order to keep your rental property occupied and minimise void periods.
Having a large number of prospective tenants fighting over your rental property is never a bad thing, as this way you can be pickier when it comes to selecting the right ones.
Recent research by a large letting agency has shown that Scottish tenants are moving back into the black, with improving household finances now allowing for late rent to be paid off.
Late rent has now reached a six month low, with just 11.1% of January rent falling into arrears.
It’s highly likely your tenants will want their rental property to feel like a home. As their landlord, you can assist with this by carrying out a few simple steps.
Now you don’t need to be all Laurence-Llewelyn Bowen about it, but you do need to know how to present your rental properties in the right way.
Energy, energy, energy – it seems to the buzzword of the day at the minute. With environmental issues dominating the news agenda, people everywhere are starting to look at how they can be more energy efficient and ‘green’.
This includes landlords, who can carry out a number of measures to ensure their rental properties are up to scratch when it comes to improving energy efficiency.
2015 has been a typically busy and eventful year in the lettings industry and 2016 looks set to follow the same trend.
We take a look below at some of main things landlords should look out for in the next 12 months.
After another busy autumn period the local rental market remains in rude health as landlords continue to benefit from a shortage of rental property stock.
In fact, according to new research, the average residential rent in Scotland is now 1.6% higher than 12 months ago. This means the typical landlord is generating an additional £9 per tenant, per month when compared with October 2014.