Over 70% of Scots are happy to rent a property, according to new research, with many opting to live in the private rented sector for lifestyle reasons and the added flexibility it provides.
We’re now well into the autumn and it won’t be long before temperatures plummet and the weather becomes inclement.
How much does it cost to operate one private rental property per year? This is a question that new or would-be landlords may be asking themselves, and now high-street lender Nationwide has calculated precisely how much, on average, it costs to run a single privately rented home. Continue reading
There is no shortage of research telling us about the importance of good broadband in rental properties. It is no longer a luxury, but a necessity. Tenants will no longer hope for fast, efficient broadband, they will expect it. Continue reading
It’s always good to gauge what other landlords in the private rented sector are thinking, particularly at times of uncertainty and upheaval – which the Brexit vote, whatever the long-term picture, has undoubtedly caused.
We’re sometimes led to believe that the relationship between landlords and tenants is sour and that many tenants are unhappy with the levels of service they receive and the rental properties they live in.
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.
Taking the step of renting out your property is undoubtedly a big one but as many landlords all over the UK will have found out, the rewards are undeniable.
No matter the type or location of rental property, it is vital for landlords to stay on top of maintenance matters. By doing so, property owners can maintain a strong relationship with their tenant – which is often the clincher of a renewed tenancy. Continue reading
In our most recent blog we discussed how the Scottish Private Rented Sector (PRS) is now at its largest ever size. Now, a recent parliamentary event has highlighted the high proportion of families that rent property privately. Continue reading