A tenancy agreement can be described as the binding contract signed between you and your landlord. It clearly sets out all the legal terms and conditions in regards to your tenancy, and what type it is. For this reason, it might be fixed (spanning through a set period, for instance, six months) or periodic (runs through on weekly basis, or even every month).
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.
When it comes to renting a property it is important to know what you are getting into, particularly if it is something you are doing for the first time. It is easy to be caught out, so follow our handy checklist to make sure you are doing it right.
Renting a home might have always been seen as a lesser to buying one, but what you may not realise is that there are plenty of benefits to renting a home rather than owning one. One of the biggest benefits is that when things go wrong within the house, 9 times out of 10 it is not going to be something that you need to pay out (or organise) to be fixed. So, when is a maintenance repair job something to do with you and when do you need to leave it up to your landlord?
Being a new landlord, you must be having a lot of questions on your mind. Don’t worry! It is obvious to have queries regarding your rights and responsibilities towards the property. Just because you have let out your property, it does not mean you do not have any right over it. Don’t fall for misconceptions or myths regarding the right of a landlord to access his property. There are rules that govern the same, and you need to know these regulations. Make sure you get your queries solved before signing the tenancy agreement as standard tenancy agreements state the conditions in which landlord can access the property.
One of the reasons why people save money is to invest and probably ensure that their retirement is comfortably funded. In this case, finding the right channel for investment returns is vital to foster a fruitful savings strategy.
When it comes to letting out a property it isn’t always as straightforward as just collecting the rent each month. You will have a legal responsibility to your tenants and so you will need to make sure that you are doing the right thing and that you meet all the necessary rules and regulations. Our checklist here will help you get things covered.
Over the past years, cases of rogue landlords have crept their way in. This gives the letting industry a negative reputation. Although, you may find that from ten landlords, only a small number have unprofessional tendencies, masking the entire industry negatively. Having a peaceful and fruitful encounter with the landlord is every tenant's desire. To achieve this, we have outlined some of the issues you may consider avoiding to fulfill your desire. This applies whether you are looking for a house from the available online portals or the physical search. Read on!
A Landlord has several different responsibilities when it comes to their tenants. A number of these responsibilities are put on a formal basis thanks to an ever-changing raft of legislation. Not only do landlords need to be aware of the changes in the laws that govern their relationships with their tenants, but they also need to know of any significant cases that are taken to court as this may well change how they have to react to their tenants. Below, we have listed different ways that landlords can be in the loop about their legal responsibilities.
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.
When it comes to moving home, this has been rated as one of the top three stressful things that you can do. Most of the stress comes from not knowing what is going on and not being prepared for things that can get easily missed. We are here with a handy checklist list of things to watch for when you are buying a new home.
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.