High street agents take up to 15% of your rent to manage your property. That can easily be over £1,000 a year, per property. So even if you don’t want to manage the property yourself, you need to ask yourself whether this is good value — and seriously consider the alternatives.
Continue reading “Should I Use a Full Property Management Service?”
Confused about rental fees and costs? When you are about to rent a property, there are several different types of payment you will have to make. The main four are:
Continue reading “The Difference Between Holding Deposits and Tenancy Deposits (and Fees)”
- the holding deposit
- the tenancy deposit
- rent in advance (usually one month’s worth)
If you choose to use our Rent Now tenancy creation service, then you’ll be using our standard contract. It’s an industry-leading contract that has been designed to reflect best practice while also meeting the needs of real landlords.
Continue reading “How to Add Custom Clauses to OpenRent’s Contract (AST)”
What is a Section 13 Notice?
Section 13 is a way for landlords to increase the rent they charge for a property. It refers to Section 13 of the Housing Act (1988).
Landlords can only use Section 13 for assured periodic tenancies. These are tenancies that are not within a fixed term. For example, the fixed term may have expired, meaning the tenancy has automatically become a periodic tenancy.
Continue reading “How to Increase the Rent by Serving a Section 13 Notice”
Setting up a new tenancy can be confusing. Rules and laws have probably changed since the last time you let your property — especially with the introduction of the Tenant Fees Act (2019).
Continue reading “A Guide to Holding Deposits for Landlords”
‘DSS’ is the lettings industry term for tenants who rely on benefits to pay all or some of their rent. These tenants can find it harder to find homes to rent than tenants in full time employment.
Continue reading “Shelter Try to Ban ‘DSS Accepted’ Adverts but 90% of ‘DSS’ Tenants Want to Keep Them”
Sadiq Khan, Mayor of London, has published a report demanding he gain the ability to impose rent controls on the London rental market.
Continue reading “Rent Control in London: What’s Happening?”
When you move into a new rented property, one of the first bits of life admin you will have to deal with is the inventory.
But most tenants are not actually sure what an inventory is or what it’s meant to do. I see a lot of questions from tenants about this, like:
Continue reading “A Tenant Guide to Inventories and Check-ins”
On 1st June 2019, tenant fees were banned in England. We’ve always been against charging tenants these unfair fees, so we decided to celebrate with a competition.
Continue reading “Tenant Fees Competition Winner Shares Story, Shows Exactly Why Fees Needed to Be Banned”
You’re searching on OpenRent for a new home. You want the freshest places to rent as soon as they come onto the market. You click on the search options to sort properties by ‘newest to oldest’ and — wait. The option isn’t there?
Continue reading “Why Can’t I Sort Properties by Newest to Oldest?”