Author: Coast to Country Lettings
In spite of tax hikes in recent times, it is safe to say that there is money to be made from property in the coming years. Based on a recent report from Allsop, if you are looking to beat savings rates in the long-term, then you should look to buy-to-let investments. According to the survey, 37% of landlords expect rents to increase over the next six months. 44% of them expressed a positive outlook in relation to their letting portfolio over the next three months, as data from the report indicated that their expectations were ‘good’ or ‘very good.’ Buy…
The private rented sector of the housing market caters for a large number of people in the UK. Indeed, there are said to be about two million private landlords and about four million tenants. At the heart of all of the contracts, underpinning the housing services being provided in this sector, are human relationships – the interaction between the landlord who provides the service and the tenant who pays for it. In an ideal world this relationship would be professional and cordial. You don’t have to be friends with the person who is letting your property, indeed this could even…
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…