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”
A Failed Rental Reference Doesn’t Mean the End of the Road
It sounds confusing, but just because a tenant fails referencing or a credit check, it doesn’t necessarily mean that letting your property to them is a bad idea.
Finding the right tenants is the main challenge of being a private landlord, and referencing is the best tool at your disposal. But the Pass or Fail on your referencing report isn’t the be all and end all of whether an enquiry will turn out to be a good tenant.
Here we take you through how to interpret the result of your referencing report for high-risk tenants.
Continue reading “How Let to Tenants Who Failed Referencing”
After redeveloping old farm buildings into a portfolio of 18 rented properties, William was faced with spending tens of thousands just to find tenants for his new properties.
With our £29 Ultimate Advertising plan, we helped William let two of his properties in under a week, saving him over £7,000 compared to his previous agents!
Continue reading “Customer Story: William A”
Many DIY landlords fear that they have forgotten to do something important. So we’ve made a checklist of legal landlord responsibilities you must perform when letting a property. The checklist ensures that you can easily check whether you are fully compliant with the law.
Tick off everything on this new landlord starter checklist, and relax – you’ll have done everything you need to do when setting up a new tenancy! Continue reading “Checklist: Landlord Responsibilities When Renting Out Property”
A section 21 notice is one of the most common ways for a tenant to be evicted from an assured shorthold tenancy in the UK. This one passage of housing law has had a huge impact on millions of landlords and tenants, but it has a troubled legal history. Here to take us through it is legal expert Tessa Shepperson. Continue reading “Section 21: Eviction, Possession & Notice to Quit”
Most residential lettings in England and Wales are arranged as an Assured Shorthold Tenancy (AST) – an agreement introduced by the Housing Act 1988, and subsequently updated by the Housing Act 1996. When an AST is established, the document everyone signs to agree terms is often referred to as an AST as well.
Continue reading “Free Assured Shorthold Tenancy Agreement (AST rental contract) | Download Now!”
From beginners’ questions to the finest details, this post tells you everything you need to know about Houses in Multiple Occupation. Continue reading “Houses in Multiple Occupation (HMO): Licensing, Rules and Definition”
Ever been late for work after waiting 30 minutes for your flatmate to finish up their lengthy shower routine? It’s one of the UK’s most hated things about renting in a flatshare.
And as if you needed more evidence that the UK Rent Crisis is worst in the capital, we can now definitively reveal that Central London is the worst place in the whole UK for sharing a bathroom, too.
Continue reading “Here’s Where to Live if You hate Sharing a Bathroom [Infographic]”
Sophia’s letting agent wanted to charge her £2,000 a year just to find tenants for her flat. Luckily she had heard that OpenRent could find her a tenant for free, and set up her tenancy for just £49.
As a first-time landlord, she used our Free Trial to advertise her property on Rightmove, Zoopla and dozens more, finding a tenant in two days.
Continue reading “Customer Story: Sophia G”
Landlord law expert Tessa Shepperson explains the law behind letting a company rent your residential property for the use of their employees or guests. Continue reading “Company Lets: What Are They & How Are They Different?”