Insights - Guaranteed rent
Unlock the Potential of Guaranteed Rent in Croydon: A Comprehensive Guide
Explore the benefits of Guaranteed Rent in Croydon, offering landlords a stress-free way to secure a consistent income stream, professional property management, and freedom from traditional letting hassles.
This comprehensive guide delves into how these schemes work, the advantages of selecting a reputable provider, and the transformative impact on rental yield and property management.
Embrace the future of property letting with a Guaranteed Rent scheme, ensuring financial stability and peace of mind for landlords in Croydon.
Read MoreThe Ultimate Guide to Guaranteed Rent for Landlords: Maximising Security and Profitability
Discover the essentials of guaranteed rent for landlords in our concise guide. Learn about its advantages, risks, and financial impacts to enhance your rental property strategy.
The Top 5 Most Common Landlord Insurance Claims
The importance of specialist landlord insurance cannot be over-emphasised. With the risks higher for rental property than everyday residential property, the financial repercussions of not having adequate cover in place can be considerable. To help landlords plan to reduce risk, we look at the top five biggest risks posed to landlords, which inevitably result in landlord insurance claims.
Surge in Rent Arrears Sparks Call for Landlords to Protect Their Investments
UK landlords are being prompted to make sure they have appropriate strategies in place to protect their property investments following a recent surge in rent arrear cases. With government data revealing that rent arrears amongst private tenants have increased, and almost two thirds of landlords reporting that they’ve had to absorb arrears-related losses from their savings, it is vital that some form of landlord rent arrears insurance is in place to mitigate future financial issues.
Tenant Referencing Crisis on the Cards as COVID Damages Thousands of Credit Scores
The National Residential Landlords Association (NRLA) is warning of a looming tenant referencing crisis as thousands of tenants are facing damaged credit scores caused by legal action over rent arrears in the wake of the COVID-19 pandemic. As this crisis intensifies and no government help seems forthcoming, landlords are wise to seek a reliable way to guarantee their rent.
Landlords Encouraged to Seek Alternatives to High Rent Advance Demands
According to a Radio 5 podcast, increasing numbers of landlords are asking tenants with a poor credit score or lack of renting history to part with six months’ rent in advance. The situation has been made worse by the effects of the COVID-19 pandemic, with incomes hit hard. But the NRLA advises against demanding such high advances, suggesting that an alternative guaranteed rent solution is sought.
Essential Landlord Tips for Buying Investment Property at Auction
There are often many bargains to be had at property auctions, especially for the buy-to-let investor. But there are many things to consider, and indeed beware of too. If you are considering purchasing your next investment property at auction, we have some tips for you to help you avoid the risks, and make the most of the opportunity ahead.
Are Rent Guarantee Schemes Worth it?
With so much pressure on landlords in the wake of the COVID-19 pandemic, not least the evictions ban and, more recently, the breathing space rule, it is no wonder so many buy-to-let investors are starting to look into the benefits of guaranteed rent schemes. Here we explore the reasons for the mounting interest and ask, are rent guarantee schemes worth it?
How Much Can a Landlord Increase Rent?
As a landlord, there may be times when you would like to increase the rent that you charge your tenants. There is nothing to stop you doing this, but you must follow the correct procedure that is set out by law. Here we delve into the subject of rent increases, asking, is there a limit to how much a UK landlord can raise rent?
Survey Reveals the Current Mood of the Private Rented Sector
A recent survey of over 14,000 landlords, tenants and letting agents, conducted by deposit protection service mydeposits and deposit replacement membership Ome, has revealed some interesting insights into the current mood of the private rented sector.