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What are tenants prepared to pay more for?

What are tenants prepared to pay more for?

It’s important for landlords to  know the value of what their property already has to offer, and which features could be added to attract more renters. Due to less choice on the market for renters, many are willing to pay more just to secure particular features.

According to the Office of National Statistics (ONS), private rental prices paid by tenants in the UK increased by 2.0% in the 12 months to January 2022, representing the largest annual growth rate since February 2017

– The growth in rental prices has a number of contributing factors. With demand reaching historically high rates, tenants are willing to pay more in order to secure a property with their desired features, rather than losing out to other applicants. click image to read more

The UK needs more landlords

The UK needs more landlords

Various research has shown that despite just under half of landlords taking part in research activity acknowledged that market conditions have become more challenging in the last twelve months, more than 50 percent said they still feel optimistic about the future of the rental market. Click image to read more..

Landlord guide

Landlord guide

An empty property is of no benefit to a Landlord, and appearances really do count. The moment a tenant steps into the property, they will have an idea of whether they can see themselves living there. A touch of paint to the front door and a fresh neutral colour scheme throughout offer a versatile backdrop for any prospective tenant to consider how their belongings might look in situ. Neutral flooring and carpet is an appealing feature to a prospective tenant – it is worth selecting a carpet that is easily cleaned and cost-effectively replaced, as accidents do sometimes happen. If lightbulbs have lost their glow, replace them. All these things demonstrate that this Landlord cares, and are likely to appeal to a tenant who wants to make your property a cosy home. Click Imamate to Read more tips in our guide

Rent arrears?

Rent arrears?

The single most important obligation you have as a tenant is to pay your rent in full and on time. Not doing so, or falling behind with payments, is never a good situation to be in – for you or your landlord Click image to read more..

How to prepare your property to rent..

How to prepare your property to rent..

Whether you are a first-time landlord or have a bigger lettings portfolio, it is important to be prepared when welcoming new tenants into your rental property.

This proactive approach not only safeguards the tenant’s health and safety and may prevent future maintenance issues, but it also ensures your tenant has a good experience living in your property, helping you with potential leases in the future.

Click image to read five things to consider when preparing your rental property for a new tenant.

How much rent can I afford?

How much rent can I afford?

Taking on a rental property is a huge responsibility, and you’ll need to know beforehand whether it is within your budget. Rent isn’t the only cost you’ll need to factor in, and there are many other monthly payments that are easy to forget about if you don’t take the time to plan carefully.

To help you get a good grasp on your rental home affordability, click image to read our handy guide.

How will energy increases impact on landlords?

How will energy increases impact on landlords?

Landlords with bigger properties are braced for a fresh wave of rental arrears as energy bills rise. From 1 October  2022 the new price cap meant average energy bills increased by 27% from £1,971 a year to £2,500. It’s a large price hike and many tenants and landlords are understandably worried. Click image to read more..

Keeping condensation and mould at bay

Keeping condensation and mould at bay

Condensation and mould issues are generally worse in the winter when the weather is cold and wet, so spring and summer can be a great time to throw those windows wide open and air out your house to help keep condensation and mould problems at bay. Click image to read more..

How to address increased heating bills

How to address increased heating bills

With vastly increased energy bills, it becomes even more important  to efficiently heat your home and ensure prevention of damp, mould, cold draughts or other issues.

There are many effective ways of keeping your rental property warm this winter whilst keeping costs down. Click image to read our tips and guidance on keeping your property warm..

Do landlords have a duty of care towards neighbours?

Do landlords have a duty of care towards neighbours?

Yes and no!It’s difficult to hold landlords legally responsible for their tenants. Unless, that is, the landlord is deliberately encouraging antisocial behaviour. However, even without law involvement – neighbourhood disputes are never good for a landlord’s reputation...