If you are a first-time buyer, the government may be able to help you avoid stamp duty by offering relief on qualifying purchases. What is Stamp Duty? Stamp duty is a tax on property transactions in the United Kingdom. It's used to pay for government services, and it applies to both residential and commercial properties. If you're buying a home in the UK,...
Tenants leaving their possessions behind is a growing common problem for landlords and their agents. This is because landlords and their agents are required by law to store abandoned belongings for a period of time before disposing of them. This article provides a brief guide for landlords to follow when dealing with abandoned goods. The La...
Congratulations! Renting a new place is an exciting time. You're about to become a renter. In the world of renting, there are many things you need to know, and a few things you don't. You get to make decisions about where you live, and it feels like the first step on your path to adulthood. But it can also be stressful and confusing, especially if you're a f...
If you're a tenant in the UK, you might be wondering how to set up your tenancy. The process of setting up a property for rent in the UK is relatively straightforward, but there are a few key steps to ensure that you get it right. If you're like most landlords, you probably think that the only thing you need to worry about is your tenants' rent paymen...
Landlords and letting agents are not on the list of highly liked people, and most renters assume that these landlords are simply trying to rent out rubbish properties at high prices in order to make a profit. However, this is not necessarily true. Although there are some unsavoury characters within the rental market, they are definitely in the minority. The...
A dispute at end of the tenancy is something you would want to avoid as a landlord. Nobody likes disputes, especially when it comes to money. End-of-tenancy disputes can be quite costly and damaging for both landlords and tenants. If there is an issue at the end of your tenancy, it can be helpful to try and resolve it with your tenant before turning to the...
As a landlord hearing voids is something you don't want to hear. If the property has been sitting for too long, it can be hard to rent out and make money. If you're dealing with this issue, there are some things you can do to help get your property back up on its feet. Not only do they mean extra work for you, but they can also hurt your reputation as an ow...
Property rental renovation is necessary when you want to improve the look and feel of your property. This can be done to attract more people, who would be interested in renting it out. The process involves removing the old furniture and replacing them with new ones, painting the walls and repairing any cracks or holes that may be present on the flooring. Th...
Home valuation is the process of determining a home's current market value. This is important in the UK because it allows you to get a sense of what your property might be worth in today's market, and helps you figure out whether or not it's worth selling. In the UK, home valuation is typically done by an appraiser who will take into account factors like th...
When you move into a new home, it can be a little overwhelming—especially if you're used to living in a place that feels more like home. Between decorating, unpacking, and getting settled in, how do you make your new house feel like one of the places where you always want to be? #1. Decorate with care: If your house is already decorated, start...
Mortgage valuations are standard procedure when buying a property. As a buyer, there are some confusions regarding mortgage valuations. This article aims to provide clarity to the confusions. What is mortgage valuation? Mortgage valuation is a standard procedure for lenders. It is a type of home inspection. It confirms the value of the property, and inform...
Schools have a significant impact on house prices in the UK. Houses that are close to well-regarded schools will sell for more money than those that are further away. It is not uncommon for families to move into an area with good schools, even if it means they have to live in a smaller home or pay more rent. The reason behind this phenomenon is simp...
There are many benefits to becoming a landlord, but there are also numerous challenges that can make it difficult for landlords to manage their properties effectively. Landlords often have a lot on their plates, but what exactly is most stressful for them? Landlords are responsible for a lot of things, and they're also constantly being pulled in different d...
These days, almost all landlords now work with online systems. In fact, it's hard to find a landlord who doesn't use some kind of online system in their business. The use of online systems has allowed landlords to operate more efficiently and effectively, while also making the rental process easier for tenants. It is therefore not surprising that the majori...
As a landlord, you know that your rental property is an investment. But it's also more than that—it's a place where people live and work, play and learn. You want to make sure that your investment is as profitable as possible, but you also want to make sure that your tenants feel welcomed and comfortable. To help achieve both goals, here are s...