Confused about rental fees? There’s holding fees, security deposits, a month’s rent up front, admin fees… and that’s all before you’ve even managed get your hands on the keys!
For tenants, it can feel like all parties are trying their best to extract a share of your hard-earned cash.
Continue reading “The Difference Between Holding Deposits, Security Deposits and Agency Fees”
50 people a year die from Carbon Monoxide (CO) poisoning in the UK. A further 4,000 are treated in hospital. Frustratingly, it’s all completely preventable.
In England and Wales, landlords are under no legal obligation to supply CO alarms in most cases. Continue reading “Help Us Save Lives: Tenant Carbon Monoxide Survey”
Currently, landlords in England and Wales are only required to install a Carbon Monoxide alarm if the property has a solid fuel-burning appliance. Click the link below to complete our survey on Carbon Monoxide in the private rental sector and help us raise awareness!
CLICK HERE TO DO OUR CARBON MONOXIDE SURVEY AND HELP SAVE LIVES!
A great way to put tenants off your property is to demand a big lump-sum payment before they can move in. This lump-sum is usually the amalgamation of:
- Holding deposit
- Security deposit (six week’s rent)
- First month’s rent upfront
- Agency fees
- Referencing, inventory, etc.
It isn’t uncommon for these fees to add up to well over £2,000 per tenant. Continue reading “Are You Putting off Good Tenants with High Upfront Costs?”
We’ve just secured £4.4m of investment from Global Founders Capital. Hooray for us, right?
Sure, we’re happy. But here’s why that matters for you.
Continue reading “Your OpenRent Service is About to Get £4.4m better”
In the UK, advertising your rental property online is now the normal way to find tenants. There’s a lot more to it, however, then sticking your property on Gumtree and then waiting for the phone to ring!
Here we use our experience as the UK’s largest letting agent to share our top tips on advertising your property online, helping you find great tenants faster and for less money! Continue reading “How to Get More People to See Your Property Advert”
When preparing the advert for your rental property, it can be tempting to miss out a floor plan. It’s not essential, right?
Actually, it’s an increasingly important part of a property advert. Don’t believe us? Here are 7 reasons to include a floor plan in your ad. Continue reading “7 Reasons a Floor Plan Will Get Your Advert More Attention”
If you want to enjoy an uneventful student tenancy, this post is for you!
Did you know that 14% of landlords let to students? If you are a landlord in a university town, learning how to accommodate student tenants’ needs with minimal friction is crucial.
To give us some great advice on the unique needs of student tenants, student interest website Save the Student has shared their top five tips on renting to students. Read on and find out how to minimise your risk when renting to Britain’s next generation. Continue reading “5 Tips for Renting to Students”
We use our database of rental prices to show you how much homes from Love Actually would cost to rent today!
A sequel to 2003 film Love Actually has been announced for Red Nose Day 2017. It’s got us thinking…
Love Actually was a real who’s-who of British film. But it was also a showcase of London’s most desirable homes. Come on, who wouldn’t want to live in Colin Firth’s gorgeous Chiswick flat or Keira Knightley’s cute Notting Hill terrace?
But enough dreaming! It’s time to find out exactly how much these insanely bougie properties would cost to rent in today’s money. So take our hand and join us on a night bus ride of greed and desire, as we tour the houses featured in Richard Curtis’ Christmas Rom-Com masterpiece, Love Actually.
Continue reading “How Much Do Love Actually Houses Cost to Rent Today?”
OpenRent helps thousands of landlords a month find tenants for their properties, and from time to time we are asked for advice on mortgages – by buy to let pros and “accidental” landlords alike. We chatted through some common mortgage dilemmas with Matthew Naylor of whole of market broker Ascot Mortgages.
Continue reading “Common Mortgage Questions”