House in multiple occupations, commonly known as HMO, is a property rented to 3 or more people who are not part of the same household – 2 or more households who share communal areas such as kitchen or bathroom.Many landlords consider HMO as a more efficient way to have a rental portfolio. The opportunity of accumulating more rent from several tenants a...
Have you ever done autumn cleaning? We are all familiar with spring cleaning as the most important cleaning of the house happens in spring. But experts say that autumn cleaning can be vital in achieving a healthier winter. Why is autumn cleaning important? Winter is coming, which means it’s time to close your windows up and turn your heaters on...
One of the most lucrative ways for a passive income is property investment. Like any other investment, there is no guarantee for success but as long as you do it right, there is a success. Buy-to-let property is one of the most common types of property investment that you have already heard about. It offers investors an array of benefits. W...
“Should I rent my property furnished?” There is no legal obligation for a landlord to furnish a buy-to-let property. But one of the main goals for landlords is to entice quality renters for their buy-to-let property. It has been a common question for landlords how to present their buy-to-let property. There are plenty of advantages to...
The kitchen is one of the focal points of a house. It can be considered the heart of a home. It’s where we cook, eat, and at times socialize with family and friends. If the kitchen space is small, at times it feels restricted. So how to maximise small kitchen spaces? 1. Choose the right appliances and kitchen ess...
Buy-to-Let (BTL) property can be a good investment that allows landlords to earn passive income. But like any other type of investment, before diving in, there are risks implicated that should be taking into consideration. There are other risks that can be mitigated to protect yourself as a landlord by taking the correct steps. One of the main protector...
Marketing your letting property is a big part of being a landlord. Properly and effectively marketing your letting property is the best way to attract the right tenants and fill the vacancies fast. However, marketing properly can be expensive and time-consuming. Oftentimes, landlords choose to just forgo marketing, they would just put for rent signs in their...
Do you have the time?Because you are dealing with home, there is no guarantee when you will be called or needed. Part of managing your property is being contacted by tenants. It may be 2 p.m. or 8 a.m. You can expect to be on-call even you’re enjoying your vacation to deal with issues on your rental property. Managing your rental property takes co...
Having a rental property can be an exciting business venture and it can be rewarding and profitable. But managing a rental property is not as easy as you think. Perhaps you have saved up a down payment to buy your first rental property and hope to make your investment grow over time or to add your stream of income. If you are thinking of purchasing a bu...
There’s a lot of stories you can find where real estate investing is the key to building wealth. You’ve probably watched videos, Youtube videos, and probably heard different success stories. For a first-time investor, buying your buy-to-let property is a huge step towards passive income generation. However, it is important to ensure that you...
The average house prices in England have increased by 8.9% over the year to April 2021, according to the latest data released by the HM Land Registry. It takes the average property value to £268,380. It has fallen a bit compared to the 9.9% rise in the year to March 2021. This was when the stamp duty holiday was originally been scheduled to end, before...
Konmari Method is the goal to tidy and declutter your home. It is a method started by Marie Kondo, an award-winning author, and professional cleaning consultant. Konmari Method is useful no matter where you reside, it can be an essential method in preparing your house for selling. So how to prepare your house for sale using Konmari Method? T...
Today, saving up for a deposit can be a huge burden. For many Londoners, buying a property can seem to be unattainable.But with the new shared ownership scheme that came into force last April 2021, the aspiration of buying a property for the first time could happen. The new shared ownership scheme was launched by the Government to help first-time homebuyers...
Moving house can be overwhelming and stressful. And it part of it has something to do with packing up your entire home with you. When you are ready to buy a new house, starting early when it comes to packing and preparation will help you stay on the right track throughout the process. This will also give you plenty of time to correct and adjust th...
Being a landlord is not an easy task, the stress level can get exceptionally high from dealing with repairs to chasing tenants arrears. It is not glamourous but it can be lucrative. So what are the ways you can reduce stress related with being a landlord? 1. Screen your tenants meticulouslyWhen it comes to letting a property, it i...
