Kate is a first-time landlord who trusted OpenRent to find tenants and create her first ever tenancy. With our speedy, safe and convenient Rent Now tenancy creation service, she wasn’t disappointed! Continue reading “Customer Story: Kate B”
Landlord law expert Tessa Shepperson explains everything about periodic tenancies, rolling contracts, contract renewals, and what to do when your AST’s minimum term is about to expire! Continue reading “Going Periodic: What Happens When a Tenancy’s Fixed Term Ends?”
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?”
By the end of this post, you will know how much rent to charge. Even better, it’s all broken down into just two simple steps.
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.
Since February 2016, landlords have a new job. As well as being a landlord, you are also an immigration officer for the government!
The Immigration Act 2014 imposes on all landlords in England (including lodger landlords) the obligation to find out whether the proposed occupants have a ‘right to rent’ property in the UK.
Timing your rental property’s entry to the market is key to making the most of your advertising. Here is everything you need to know, with concrete steps you can take to ensure your advert does the best it can. Continue reading “When to Put Your Property on the Market”
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”
Some landlords limit their tenant-pool by not advertising to certain groups. This is a leading reason why online property adverts sometimes fail to create enquiries and viewings. Put simply, the fewer people you advertise to, the fewer enquiries you will get.
Only around 20% of all households in England are private sector renters (although this is growing). That’s roughly 4.5m households. This means your market for tenants is not huge – especially outside of major cities.