Rent saw a rise of 4% last year as landlords, who also face struggles from the spike in mortgage rates, delegated those costs. What can agents and landlords do?
rent
Demand and supply has been an issue within our industry for some time now, with more and more landlords exiting the market. The bank of England are now squeezing the landlord market even harder as they have increased the base interest rate to the highest we have seen since 2008. In this article we have a look at what landlords can do to protect themselves as well as what the future may hold.
British weather is famous for being up and down, but don’t allow your home to suffer. Tenants Home Insurance protects the things you can’t.
Woodstock are experts in their field with years of experience acting for landlords, terminating all types of tenancy agreements. In this article, they explain Company Lets and Forfeiture Clauses.
Saving time on pre-vetting tenants is going to be a massive boost to Letting Agents’ business process, in an upcoming year where rental demand and supply are mismatched.
A guarantor agreement and a deposit are often considered an important safety-net for landlords to recover costs owed under the tenancy agreement. If a guarantor is linked to the tenancy, the landlord may wish to pursue the tenant and guarantor or only the guarantor for the outstanding costs and this could potentially reduce delays and loss.
Landlords, especially those new to lettings, often fail to realise just how heavily regulated the private rental sector is. Woodstock Legal Services explain the legalities.
Although items left at the property is an indication that the tenant still lives at the property, the tenant may have vacated the property and left the items intentionally. The next steps for the landlord are not always straightforward and it’s important to get it right.
In 2020 as high as 15% of the homes in England did not meet the requirements for the Decent Homes Standard. Woodstock discuss the outlines of the standard and explain how landlords can review their portfolios to ensure their properties meet the requirements.
When dealing with the challenges of the private rental sector, one of our biggest tips for landlords is this; To treat the property not as their asset but as a tenant’s home.