If you are looking to invest in a property, which you will later rent, then there are a lot of things to consider. The area will play an important role in the success of your house rental, so you need to consider this carefully. We have teamed up with Mighty House, a leading property landlord company which is based in Lancaster, to give you the best reasons to choose the North West! It’s...
Rent
It's every landlord's worst nightmare: a negligent tenant who will dodge rent payments, tear a property to pieces, and drive their neighbours mad. If this sounds like one of your tenants, then use the tips below to help yourself get the upper hand. 1 - Get everything in writing Disputes between a landlord and tenant can easily get heated, frequently due to something as simple as miscommunication. While...
As a landlord in the UK, I understand the trends and which ones are becoming popular – this is not only extremely important in my future as a landlord, but it is beneficial to the future of my properties, too. Despite these trends not directly affecting landlords or property owners, the property market is constantly changing and there is always the possibility of change. Possessing an understanding...
There are lots of reasons to choose renting over buying. When you rent, for example, you very rarely have to pay for repairs to your living space. The cost of maintenance and repairs is almost always included in your rental fee. Another very handy benefit to renting is that, in most spaces, at least some utilities are included in the rental cost. Most spaces will only make tenants pay for electricity,...
If you’re looking for some extra cash each month, becoming a landlord may be a viable option. When done correctly, property management can be a lucrative and secure business. There are quite a few factors to consider when deciding if a rental property is profitable, so here are six things to keep in mind.Area What kind of area would you plan to rent in? This choice will affect every choice...
It goes without saying, that whether you’re renting or buying property, you are almost certainly going to get more for your money in the North than you are in the South. Although it appears that house prices in the UK are finally slowing down (even if it is by just a little), that does not mean that prices have stopped rising altogether. Unfortunately this means that landlords have to pass...
Renting a property for the first time can be a daunting prospect. I’ve had to do it, as have most people in this country. It’s necessary, as the alternative: buying a house with a mortgage is too expensive, and too difficult. It just makes sense to rent. If you’re worried about it, take a look at this e-book as it should help you out. For more information visit The Gumtree...
It can be a difficult and tiring process to sell a house. The whole process can take months and even years because it’s a big financial investment. Couples and families will take their time weighing up the pro’s and con’s of your house so don’t be surprised if the process takes linger than you thought it would do. But what if you didn’t have to sell your house? What if you...
When you purchase a home to rent out you will want to furnish it as quickly as possible. This is so that the property both looks and feels like home to prospective tenants, and then once they move in they will have everything they need to feel happy and settled at your property. Furnishing a home, whether it is for yourself to live in or to rent out is always difficult, especially if you have little...
After 20, or 30, or 40 years of renting, you own nothing. The bricks and mortar, which have been your home for decades, are no more yours than the sky or sun. Had you gained a mortgage for the same property you might have paid it off several years ago at a similar outlay per month – and now you would possess it lock, stock and barrel. It sounds obvious that buying is better - but there are plus...