Writings for Landlords
Manchester City Council have extended their Selective Licensing scheme to include areas of Moston and Old Moat. Launched on January 22 the new scheme complements those already operating in other parts of the city.
Expanding a portfolio or choosing your first investment property is a huge decision. It’s one you literally cannot afford to get wrong.
The Government has announced there’s a new version of their “How to Rent” guide. You can find the new guide here.
The tenancy contract’s signed, the move-in dates arranged and as a landlord, you’re now ready to put your feet up, relax and enjoy the nice boost to your monthly income…Right? Unfortunately, your responsibilities don’t end there.
It’s a dilemma faced by accidental landlords, portfolio builders and those looking for investment opportunities. Once the first property is occupied and producing income should I buy another? It’s not an easy question to answer. Not least because every landlord’s circumstances are different.
Most landlords will ask a tenant for references. It’s an obvious safeguard. After all, this person is going to be living in your rental property. An asset you have invested heavily in. You need to know something about their background, financial position, and character. You need to know they can afford the rent and that they will look after your property.
The dilemma of whether to accept tenants on housing benefit is one which many landlords struggle with. Others resolutely refuse to do so whilst some landlords welcome DSS tenants. As with anything, there are arguments for and against. But to help you decide whether you should rent to tenants on housing benefit we have listed the pros and cons below.
Everyone who owns a rental property knows that the last few months of the year can be quiet and whilst there is always a surge in the number of people looking for property at the start of the year, they can often be looking to move later, all so they have that one month’s extra rent in their back pocket. So how do you go about letting a property in winter?
Landlords have taken a few hits in the recent past. Both in financial and regulatory terms. The reduction in mortgage tax relief and a rise in interest rates hit many landlords in the pocket. Regulations and red tape increased with minimum energy efficiency standards and selective licensing.
MakeUrMove is a fully endorsed Safe Agent, which means we protect landlords and tenants money through client money protection schemes.
