Author: Coast to Country Lettings
Your BTL property is probably an extremely important source of alternative income. With rental prices on the steady rise in the UK, property has assumed an even more pivotal role in the economy. The climate may be right for you to look to raise your rental income. The challenge you face as a landlord is how to improve the value of your property so you can stand a chance of getting more income from your property. Some metrics for measuring the value of a property include factors such as the size of the property, the city in which it is…
Your BTL property is probably an extremely important source of alternative income. With rental prices on the steady rise in the UK, property has assumed an even more pivotal role in the economy. The climate may be right for you to look to raise your rental income. The challenge you face as a landlord is how to improve the value of your property so you can stand a chance of getting more income from your property. Some metrics for measuring the value of a property include factors such as the size of the property, the city in which it is…
Landlords and other stakeholders in the lettings industry have expressed concerns over the effects of troublesome tenants and how they can lead to a factitious relationship across the property lettings chain. The impact of bad tenants sometimes translates to poor ROI, excessive expenditure and a near impossible property management experience. Landlords should try to avoid bad tenants,’’ say the experts at ZHCustomHomes. “It means following a process and not just accepting the first tenant that shows interest. Below are some helpful tips on how landlords can avoid troublesome tenants and ensure that they are responsible with the property rented to them.…
Damp can have a disastrous effect on properties, particularly if left for a long period of time. If you leave the problem too long it could cost you a fortune to fix and you don’t want to have to seek out financial adviser services to have to pay for it! Due to Eastbourne being located on the coast, damp caused by condensation can be a common problem experienced by landlords in their rental properties. However, there are actually three types of damp problems that you may come across, including condensation and mould, penetrating damp and rising damp. All three of…
The government across the UK are providing different councils across the UK with help when it comes to building better housing for their local communities. This not only includes affordable housing, but also a number of other issues such as the quality of rented housing, and providing support for people who are deemed to be vulnerable. There is an assessment approach for each local planning authority which helps to provide evidence of development needs. This includes the scale and mix of the types of housing, and the housing supply needed in the area. With a number of letting agencies such…
It’s the dream of every real estate investor to see their property increase in value. The rental income of a commercial property depends on factors like number of bedrooms, location of the home, size of the property, and the market forces. The attractiveness of your house depends on the general appearance, fixtures, and fittings. A house will always command high rent charges if it’s in good condition. The following are low-cost ideas for improving your rental income. Thorough Cleaning You can give your house an attractive look by scrubbing the walls and fixtures. Peeling paints and stained walls are huge…
Come next year, it may be mixed feelings for both tenants and landlords as the buy-to-let market continues to experience growth. Tenant demand continued to stay strong for the third month, causing speculations to rise about an increase in rental fees by 2017. In a report released by Knight Frank, it was revealed that the number of tenancies in prime central London had increased for three consecutive months to November in comparison to the same time last year. The details of the report showed that in spite of the slowed numbers (due to the Christmas holidays), the figures are 23.2%…
This Christmas season comes with the usual excitement, celebration, and earnest preparation for the holidays. However, amidst all this, Co-op Insurance is advising people to have a sense of safety and security, especially with their homes and cars. Local locksmith Luke Kenneth of Worthing-Locksmith.co.uk says, “As tempting as it is to check-in at the airport on your phone or share pictures around the pool whilst on your mountain holiday in Mont-Blanc this does gives people an idea of when you’re not home and when your property is most likely to be empty.” Co-op Insurance automatically increases its contents cover by…
Following June’s referendum outcome, the United Kingdom have announced that they are to leave the European Union just over 40 years after joining (what was then known as) the European Economic Community. With so much press and media coverage suggesting that a Remain vote would win, much of the nation was shocked on a day that saw David Cameron resign from his post of Prime Minister immediately. Despite also backing the Remain Campaign, new Prime Minister Theresa May has insisted that the UK will leave the EU and she intends to invoke Article 50 before the end of March 2017…
New research on property use by tenants has underlined the need for homeowners to make occasional visits to their property to minimize the chance of property damage and disputes. The study TDS stats carried out by digital inventory app developer and supplier, Imfuna, shows that property damage is a growing concern for landlords and agents, constituting as high as 52% of deposit disputes, with up to a 29% occurrence rate in the last four years. Imfuna, creators of the Imfuna Let digital app, says property damage can significantly cost the landlord. A June 2016 news item in the Daily Mirror…