Writings for Landlords
Rogue letting agents have been in the news recently. The Mayor of London recently set up a public database naming and shaming the capitals worst letting agents. And the government have also announced proposals to set up a licensing system to expose rogue letting agents.
UK house prices rose fast to conclude the third quarter of 2017, with average house prices estimated by The Guardian to be at £225,109. The 4% growth, spearheaded by the north, East Midlands, and the northwest, was felt the least in London. In fact, the capital recorded the weakest performance at 2.6%. Nonetheless, the overall market ended the year at £8.3 trillion after 3.5% growth, defying both Brexit-related uncertainties and a general slowdown in the southeast and the capital.
The answer to do: “I need landlord insurance” is probably yes, and no. There are no legal requirements (yet) for you to take out a specialist landlord insurance policy. However, there are many reasons why yes you should take out a policy.
London Mayor Sadiq Khan has launched the country’s first ‘name and shame’ database of rogue landlords. The Rogue Landlord and Agent Checker is an online database available to the public. It contains information from 10 London boroughs with more coming on stream in the coming weeks.
When your tenants go on holiday your rental property can become vulnerable. By maintaining good communications with your tenants you can help them, help you, protect your rental property and their possessions.
Whilst it may be quieter over the festive period, now is an ideal time to check your property listing is up to date.
Standing Order Mandate Form
It is the end of the year so we thought we’d have a look at what you’ve been reading on MakeUrMove in 2017.
If your tenant has been burgled you’re bound to wonder if you have to improve the security at your rental property. Whilst there is no legal requirement for a landlord to install added security, there are several things to consider.
Manchester heads a newly published league table of buy to let locations in England and Wales. The latest LendInvest report shows Manchester buy to let landlords enjoyed the highest yield and rental price growth in the country.
