Universal Credit is rolling out across the UK, with huge consequences for landlords and tenants – yet many are still in the dark about what the new benefit system means for them. Continue reading “8 Things Landlords NEED to Know about Benefits (‘DSS’)”
Bad news for London renters, who find themselves at the bottom of yet another quality of life table!
Using our data as UK’s largest letting agent, we revealed how much floor area £100pcm can rent you across England & Wales. Continue reading “£100 a month won’t rent you a shed in London! [DATA]”
On 1 December, Scottish landlords will no longer be able to sign a new Short Assured Tenancy. Instead, they will have to sign a new type of agreement to create a tenancy: the Private Residential Tenancy. Continue reading “Private Residential Tenancy: Scotland’s Strict New Grounds for Eviction”
We’ve launched a new Rent Calculator! It tells you the rental value of any property, anywhere in the UK. Simply enter your postcode plus a few details.
Landlords! Find the perfect rental price in seconds
Tenants! Easily research rental prices across the UK
[Update: The Draft Tenant Fee Ban has been published! Check it out here.]
Tenant referencing checks may seem like a long and daunting process, but there is nothing to worry about as long as you are honest when filling out the details.
Tenant referencing helps the landlord learn more about your financial situation and employment status so that they can determine if you’ll be able to pay the rent in full and on time. Being referenced shows that the landlord is professional and takes their responsibilities seriously. Continue reading “How to Speed Up Tenant Referencing”
Two Kinds of Deposit Protection Scheme
There are two kinds of scheme that landlords can use to register a rental security deposit: custodial and insured.
The main difference between them is simple. Under a custodial scheme, the money is held by the scheme provider; under an insured scheme, the landlord can keep the money in their own bank account during the tenancy.
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.
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!
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”