For landlords who are considering on how to market their rentals, they are often faced with two major questions, “Do I furnish it or not?” and “Can furnishing my properties increase my rental yields?”. Well, there are no simple answers to these questions, however, we have compiled some of the benefits accrue to you as a property owner, as well as some downsides of furnishing. Read on!
When you are giving your property to rent, you are trusting a stranger with your property. No matter what you do for a living, owning a property requires a lot of efforts. Property in UK does not come cheap, and the prices have risen over the past years. Whether you are renting out your property that you live in or some other property in your investment portfolio, you will want to have the best tenant. Also, there is some sentimental value attached to the property, so you need to be certain about who is living in it.
We’ve often heard about tales of tenants and the pertinent issues with landlords. Even if it doesn’t sound pleasant, the reality is true in most cases. However, there are exceptions no doubt and these often occur when the understanding and rapport between tenants and landlords works great; both perform their respective tasks, act in a timely manner and are rather open about what they actually seek from the other. A number of surveys were conducted at several places by researchers about the need fulfillment of landlords or, in other words, what they really seek from the tenancies. This largely differed in terms of the age groups who are given the rental flats or apartments; and hence the categories went something like - professional workers, young independents, small or large families on a tight budget or the elderly couples looking for spaces at their old age.
Before you sell your home it’s highly important to get an accurate valuation. Getting its true worth allows you to know the amount to expect from it and the asking price you need to come up with. An accurate valuation of your home before you sell has its benefits.
Find out if the reason your home isn’t selling is down to your pets, and prepare yourself to stop this issue before it wastes too much time.
Buying a house is exciting and stressful, both at the same time. There are so many properties to see, but finding the perfect one amongst them all is the reason for stress.
When you rent out a property, all responsibility related to care and maintenance of the property is not passed to the tenant. In short, you cannot simply forget about property maintenance after letting it out. Similarly, a tenant cannot ignore the maintenance issues of a home just because they do not own the property. It is their responsibility to keep the property clean and livable. There is often confusion over who needs to take ownership of repair and maintenance issues encountered on a property.
Being proactive means thinking and acting ahead. Not only is it a great method for avoiding more work down later on, it can also be extremely important for averting problems. To be proactive, you need to start taking action, embracing your responsibility, and controlling your responses. Follow this guide for tips to help you stay ahead and have and a much more proactive outlook.
When it comes to selling your home, you need to make sure that you have the right estate agent. There are many different companies around all competing for your business, so it is important to make sure you are comfortable with who you have representing you. Our tips and tricks will help you pick the perfect agent for you.
In all honesty, selling a home could in most cases prove to be a daunting task and people sometimes do not get it right at first, they try and then try again. At this stage, you start to prep your home for viewings, putting the work in to make it attractive while getting prepared for the paperwork that is sure to come.
Tenants move out of their current rental due to various reasons. Some of these reasons are out of their control, while others are a matter of personal preference. Here are five of the most common reasons why renters choose to move on.
Whether you are looking to rent out your perfectly located apartment or entering the buy-to-let market, you are in for a whirlwind of legal responsibilities.