The demand for rental properties in the UK is quite high nowadays. This is mostly due to higher house deposits, and tougher mortgage rules making it difficult for people to buy their own home.
During your house hunting quest, chances are you will only see a given house at its best; perfectly organised, expertly staged, and clean. This gives you a perfect picture that lures you into buying the house; however, you might be missing a lot; recurrent water problems, rat and termite infestations, past flooding cases, etc. These are the things that eventually cost you a lot.
Finding a property for rent can be challenging! But you will be surprised to know that tenants are not the only ones facing the challenge, landlords face an equal problem in finding tenants. Having a property or portfolio of properties won’t be much of use to you, if you are not able to fill them with good tenants. Long gone are the days where landlords had the upper hand. The competition among landlords in UK is increasing as more landlords are putting their property in the saturated market.
Finding the right time to buy, and dealing with all the hassle that comes along with the purchase – will buying in the UK ever get any easier?
Is your home ticking all the boxes for would-be buyers? Here are the top features they value above all else.
When it comes to moving home, you are probably more focused on what you want from your new house rather than thinking about the sale of your old house. But it is important to make sure that your old house is shown in its best light to get a good sale. Here are some tips and tricks that will help you prepare beforehand.
When you are giving your property to rent, you are trusting a stranger with your property. No matter what you do for a living, owning a property requires a lot of efforts. Property in UK does not come cheap, and the prices have risen over the past years. Whether you are renting out your property that you live in or some other property in your investment portfolio, you will want to have the best tenant. Also, there is some sentimental value attached to the property, so you need to be certain about who is living in it.
Find out if the reason your home isn’t selling is down to your pets, and prepare yourself to stop this issue before it wastes too much time.
Tenants move out of their current rental due to various reasons. Some of these reasons are out of their control, while others are a matter of personal preference. Here are five of the most common reasons why renters choose to move on.
Buying and selling a house can be a very stressful time. This is particularly true when you are in a chain.
We’ve often heard about tales of tenants and the pertinent issues with landlords. Even if it doesn’t sound pleasant, the reality is true in most cases. However, there are exceptions no doubt and these often occur when the understanding and rapport between tenants and landlords works great; both perform their respective tasks, act in a timely manner and are rather open about what they actually seek from the other. A number of surveys were conducted at several places by researchers about the need fulfillment of landlords or, in other words, what they really seek from the tenancies. This largely differed in terms of the age groups who are given the rental flats or apartments; and hence the categories went something like - professional workers, young independents, small or large families on a tight budget or the elderly couples looking for spaces at their old age.
If there isn’t much interest in your rental, what can you do?