Tenants are more at risk from domestic fires than homeowners, mainly because more adults sharing a property means more personal gadgets and heavier use of appliances.
Admittedly, fire regulations are a deeply unsexy subject, but they exist to protect your property from devastating damage that could leave your tenants homeless or injured, and you without an income.
Whatever kind of landlord you are or wherever you own a rental property, some universal principles apply to keep your investments profitable, sustainable, and enjoyable.
Private landlords are effectively small business owners, and just like high street shops and online retailers, an important part of their success is planning and management.
More people than ever are sharing a rental home as rents keep rising and supply continually falls short of demand.
Shared homes and HMOs (Houses in Multiple Occupation) have been highly profitable for landlords, but they also come with the inevitable challenges of multiple people living at the same address.
“Look after the pennies, and the pounds will look after themselves.”
It might be an old saying, but keeping a keen eye on the day-to-day finances of your rental property can pay huge dividends. But we’re not talking about being cheap.
From buying a new fridge to replacing a shower head or even choosing a letting agent, going for quality will reward you with years of reliable service.
Rental yields have risen to their highest level since 2018, with three consecutive quarters of growth taking the UK average to 6.1%, according to a new survey of landlords by Paragon Bank.
It’s great to see national data reflecting the rental market in your area, where the massive demand from tenants continually makes buy-to-let a lucrative investment choice.
Cast your mind back to 2022, and you might remember a loud fanfare over levelling up the UK’s rental homes as part of the Government’s target to reach net zero by 2050.
Back then, the rhetoric was that all tenancies created from the end of 2025 would need to meet higher energy-efficiency standards, with any existing tenancies given until 2028 to catch up.
Do you feel you’ve got high-maintenance or needy tenants? Well, you’re not alone!
We get so many calls from landlords tearing their hair out over constant requests to fix simple maintenance issues that their tenants are responsible for managing.
Tenants move out for all manner of reasons, whether they’re getting married, needing more space, relocating, or going their separate ways.
But before rushing to replace them for a same-day changeover, it’s worth stepping back to see if your rental has unlocked potential.
A brilliant letting agent or property manager can have a profoundly positive impact on your life as a landlord, from enjoyment to profit to spare time, but how do you find the perfect one?
Maybe you’d check the neighbourhood for Let By boards, scour the portals for agents with rental homes in area, or run a Google search for local firms.
Is there anything trickier than a rent review with a tenant you want to keep? It’s little wonder so many landlords leave things as they are, no matter how far behind the market their income falls.
Eventually, though, an underperforming property can cause the landlord to sell up, resulting in a tenant losing their home and less available housing.
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c/o 9 Mitchell Street,
Leven,
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Cupar
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Leven,
KY8 4HJ
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Cupar,
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