Looking after your property when you don’t actually live in the building can be time-consuming and difficult, especially when you don’t live near the home. Whether you have a beachside home in Cornwall or a townhouse in a city centre that is rented out to businessmen visiting for long term leases, you need to set up a way for the home to be managed. Making the choice as to whether you have the time to commit to managing your home or whether you want to hire a company to do it for you usually comes down to money.
Should I Manage My Property or Hire a Manager?
February 24th, 2014 HIP-Consultant.co.uk Posted in Landlords, Rental Market Comments Off on Should I Manage My Property or Hire a Manager?
Checklist for new tenants. Act now to protect yourself when you leave.
August 19th, 2013 HIP-Consultant.co.uk Posted in Landlords, Rental Market Comments Off on Checklist for new tenants. Act now to protect yourself when you leave.
When you move into your new apartment or house you need to make sure you protect yourself from the beginning to avoid additional charges later when you decide to move on. By following some of the guidelines below you will avoid losing your deposit for previous damage to the property when you leave and will avoid paying for updates that are the responsibility of the landlord.
How to Give Your Rental Property a Facelift
July 6th, 2013 HIP-Consultant.co.uk Posted in Insurance, Landlords Comments Off on How to Give Your Rental Property a Facelift
Tenancies can start to seem fleeting through the eyes of a seasoned landlord, but it’s important to remember that your prospective tenants are looking for their next home, so they will apply the same critical eye as any buyer would. Read the rest of this entry »
Top buy-to-let hotspots
March 20th, 2013 HIP-Consultant.co.uk Posted in Landlords, Rental Market 1 Comment »
The buy-to-let market could be a shining light when it comes to property investment. In fact, according to research, average UK rents have increased by 13.6% since 2009; and in addition to this, the latest Census figures show that the proportion of UK households renting is now at 36% compared to 31% ten years ago . So, if you have the money to invest in property, choosing the buy-to-let market could be the way to go.
Know where to start with unfurbished properties
January 21st, 2013 HIP-Consultant.co.uk Posted in Home Improvements, Landlords Comments Off on Know where to start with unfurbished properties
If you’re looking to let a property, one of the biggest decisions you will have to make is whether or not to furbish the property. The decision holds significant weight, as it will ultimately determine the type of tenant you are looking for, as well as your out-of-pocket expenses and insurance costs. It can even have an effect on the way you file taxes.
Report asks landlords – Do you trust your tenants?
November 8th, 2012 HIP-Consultant.co.uk Posted in Insurance, Landlords Comments Off on Report asks landlords – Do you trust your tenants?
Many would argue that for landlords, if you want to have peace of mind. We thought that we’d therefore conduct an investigation into the how trusting the relationships between landlords and tenants are.
What to Look for in a Buy to Let Property
November 5th, 2012 HIP-Consultant.co.uk Posted in Landlords, Rental Market 1 Comment »
If you’re considering investing in property, now may be the best opportunity for you to do it, but you need to make sure that the property you are looking to buy is going to make you more money in the long run. If you’ve got some spare cash set aside for your investment, you’re in a good position to start purchasing your buy to let property, but there are several things you are going to need to consider.
What to Consider when Choosing a Rental Property
October 15th, 2012 HIP-Consultant.co.uk Posted in Landlords, Rental Market 1 Comment »
There could be a whole host of reasons as to why you want to rent, from it being the more affordable option to a short-term stay in a particular area, but this doesn’t mean that choosing a rental property is any more lighthearted than actually buying one. From the start you need to know exactly what you should be looking for, what cautions you will need to take, all the while looking at everything as if you are the buyer.
Service Charge Payments – Bankruptcy of Managing Agent
August 29th, 2012 HIP-Consultant.co.uk Posted in Landlords, Legal Comments Off on Service Charge Payments – Bankruptcy of Managing Agent
When purchasing a flat in a block, particularly where there are communal areas such as stairwells and landings, there will usually be a liability to pay service charges (also called maintenance charges). This is an annual payment (though it is often paid in quarterly or monthly instalments) and it is a contribution toward the upkeep of the communal parts of the building and any shared services such as lifts or a concierge. It is paid to the landlord or management company, often via a managing agent.
The Future of Rental and Property Markets
August 15th, 2012 HIP-Consultant.co.uk Posted in Landlords, Property Market 2 Comments »
It has recently been reported that buy-to-let investors are set to make a rather handsome return on their investments during the course of the next 13 years. This has come as a result of increasing rental prices and the fact that house prices are beginning to recover; this has enabled a further boost to the property market.
Rising Rents for Tenants for Third Consecutive Month
July 30th, 2012 HIP-Consultant.co.uk Posted in Landlords, Property Market 2 Comments »
According to Buy-to-Let Index figures released by LSL Property Services plc, tenants have seen a rise in rent for the third month in a row. In June, rent averages rose to £718 per month in England and Wales, up 0.9% on May’s figures. With the figure almost reaching that record high of a £720 monthly rate that was reached in October 2011, concerns are being raised within the rental market.