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.
This month there’s been some positive news for Scottish tenants, which – in the long run – is also good for landlords.
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.