Insights

Landlord Buildings Insurance

Landlord Buildings Insurance: Warning to Check Your Sum Insured

2nd March 2024

Landlord buildings insurance covers rental property against risks such as flood, fire or vandalism. The cover meets the costs of repairing or rebuilding the property but, if your sum insured isn’t sufficient to cover the full costs of a rebuild, you may find yourself either having to make up the difference yourself, or surrender the property. With construction costs recently facing a huge hike, it is vital to check that your sum insured remains realistic.

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Unlock the Potential of Guaranteed Rent in Croydon: A Comprehensive Guide

28th February 2024

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.

Mid-term inspection

The Importance of Regular Mid-term Inspections

24th February 2024

Ensuring minor issues don’t escalate into major problems is an exercise that never fails to save landlords time and money. It’s precisely why the mid-term inspection is such a vital tool. Here’s the lowdown on mid-term inspections, why as a landlord you should be investing in them, how often you should be doing them, and what’s involved.

Short lease property

Buy to Let Landlords: How to Deal With a Short Lease Property

17th February 2024

Are you looking for a leasehold property to buy to let? If so, you may have considered buying a property with a short lease. But is short lease property for sale actually worth the risk? What are the main considerations? Is it possible to obtain finance, and what exactly is a short lease anyway? Join us as we explore the pros and cons of buying a short lease property.

deposit protection scheme dispute

How to Make a Successful Tenancy Deposit Scheme Claim

3rd February 2024

Of the 29,697 tenancy deposit scheme cases that came to dispute in 2020/21, 75 per cent were initiated by the tenant. Comparing this to just 17 per cent having been initiated by a letting agent, and 8 per cent by a landlord, it’s clear to see that it’s important for landlords to be prepared and aware of best practices should they find themselves in a deposit protection scheme dispute.

The Ultimate Guide to Guaranteed Rent for Landlords: Maximising Security and Profitability

26th January 2024

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.

View of Croydon's Boxpark, symbolizing its growth and potential as a top property investment destination in 2024

Croydon: The Best Value Borough for Property Investment in 2024

10th January 2024

Croydon’s excellent connectivity and transportation infrastructure significantly bolster its attractiveness as a prime location for property investment in 2024.

The borough’s strategic position, offering a mere 15-minute journey to central London and Gatwick Airport, adds immense value to its real estate market.

Furthermore, the comprehensive local tram and rail network in Croydon enhances the ease of movement within the area, making it an even more desirable destination for investors.

Rental market property value growth

UK Housing Market 2024: Predicted Growth and Key Economic Factors

2nd January 2024

The UK housing market is set to rebound in 2024, with a projected 5% rise in house prices, buoyed by declining mortgage rates and potential Bank of England interest rate cuts.

Improved economic conditions and housing affordability are expected to stimulate market growth, despite previous predictions of a downturn.

Stability in the economy, especially in employment, will further support the housing market, maintaining property values and reducing the likelihood of forced sales.

The Surprising Stability of UK House Prices in 2023

14th December 2023

In 2023, house prices defied expectations by showing remarkable resilience, contrary to predictions of a crash. Key factors like a strong labor market and responsible lending policies played a significant role in maintaining market stability. The housing market’s robust performance indicates a low likelihood of a crash in 2024, mirroring the trends observed this year.

Navigating Tenant Rights in the Face of Rent Increases

1st December 2023

In the current rental market, tenants face rising costs due to inflation (higher landlords costs) and high demand, with specific legal protections depending on their tenancy type. Tenants can negotiate with landlords or legally challenge unjust rent increases, particularly through tribunals that assess the fairness of the proposed rent in relation to local market rates. Understanding their rights and the specifics of their rental agreements is key for tenants to navigate these increases effectively.