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.
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.
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?
A home is probably the biggest asset a person can invest in.
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!
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.
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 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.
When you are viewing a rental property with the mind set to move in, there are likely to be a thousand questions running through your head. However, with so much to think about, making sure that you ask the right question isn’t always easy. To help you make sure that you know all the key things for your prospective rental home, here are the top 5 questions that tenants should always ask during a viewing.
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.
If you think that all the house sale deals go through, then you are wrong. Yes, you may come into a common understanding with a potential home buyer, but until that contract is closed, it is not a complete deal.
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.