Tenant Demand and Rental Values – Rental Market During Pandemic

Residential property management for landlords

As ARLA Propertymark’s reports, rental market is doing well and the demand for rental properties keeps rising. On average, a letting agent registered 70 new tenants in May. This grew to 79 in June. This is still somewhat lower to the pre-lockdown figures. For example, in February an average number of new, potential tenants was […]

Property Management Agency vs. Property Letting Agency

The concepts of property management agency and property letting agency might be somewhat confusing, or even diffusing. Although both terms have separate definitions, they can also overlap and interlink. Thus, it may seem there is no apparent distinction between the two. However, whether you are a tenant or a landlord, it is important to understand […]

How to Ask Your Landlord for a Rent Deferral or a Temporary Rent Reduction

Pandemic is not over, yet. We are experiencing a myriad of negative consequences it is having on our lives. Financial struggles brought by job losses are one of the most frightening. If you are suffering financial hardship due to coronavirus, you may be considering speaking to your landlord about rent deferral or rent reduction. This […]

Cost-effective Decorating Tips for Landlords

As a landlord, you know that your property is more likely to find a tenant if it’s in a good decorating condition. Scuffs and patches of mould will discourage most potential tenants. Therefore, it’s important to re-decorate your property after a tenant vacates or at least touch-up the areas that are the most exposed to […]

The Implications of the Mortgage Holidays

Mortgage holidays were first announced by the government in March 2020. The scheme has been extended and the deadline for applying is now 31 October 2020. Homeowners have been able to apply for mortgage payment holiday or reduced payments by extending the term of their loans. All in effort to relieve the financial consequences of […]

Low Water Pressure? You Can Troubleshoot It Yourself, Before Calling a Plumber!

You get into a shower after a long day hoping for a surge of steamy water but all you get is a mere dribble… How frustrating! Don’t fret, there are things you can do to improve your water pressure without having to hire a plumber. Check for Leaks Leaks are a common cause of low […]

Eviction Ban Extended by 2 Months

The government has announced an extension to a ban on evictions until 23 August 2020. The decision has been welcomed by many renters with gratitude and relief. On the other hand, a large number of landlords have been left alone to deal with antisocial behaviours at their properties as well as unpaid rent. Tenants The […]

Tenant Fees Act – From 1st June 2020 It Applies to All Tenancies

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The Act The Tenant Fees Act was first introduced on 1st June 2019. It only applied to tenancies that started after that date and to renewals. Now, landlords and agents are being reminded that a year-long transition period for the tenant fees ban ends today. The Fees Prohibited fees include: Check-ins Check-outs Referencing Viewing Inventories […]

New Government Initiative to Help Buy a Home – The First Homes Scheme

The First Homes Scheme Housing Secretary Robert Jenrick announced a new housing scheme, The First Homes. This is an initiative to allow people buy homes at a discount. The eligible first-time buyers will be able to save on average around £100,000. New homeowners will be able to start their new journey through the scheme that […]