Category: Landlord and tenant articles
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How to make money from your home
Top tips on how to boost your income without incurring any extra costs With the economy struggling and unemployment rising, finding ways to make money has never been more important to the thousands of homeowners with mortgage payments to make each month. But there are ways for you to make money without even leaving your…
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Top tips for taking in a lodger
Taking in a lodger has never been more popular. At the moment with soaring bills, renting our your spare room can be a easy and quick way of earning extra cash. Read our top tips on what you need to think about when letting out a room in your home. What is a lodger? Simply…
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Rent a room and earn £7,500 tax free
What is the Rent a Room scheme? If you have a spare room in your house, you could be sitting on a tax-free nest egg. Many more people each year are making a Lodger Agreement and taking in a lodger. And they can earn up to £7,500 a year tax-free income (or £3,250 if you’re letting jointly).…
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Lodgers: useful tips for beginner landlords
More and more homeowners are finding it difficult to make ends meet. Recent research suggests that a third of mortgage owners are struggling to keep up with repayments and one in eight are considering taking in a lodger to help with costs. Here are tips for what a landlord should think about before they rent…
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One in five landlords ‘have had tenant dispute’
Disagreements between landlords and tenants are relatively common, with more than one in five property owners admitting that they have had a dispute with someone staying in one of their homes. Research by AA Home Membership found that 22 per cent of landlords have clashed with a tenant over a particular issue. More than half…
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Top tips on preparing your property for tenants
You’ve found your tenants. Now you need to prepare the property for the tenants’ arrival and check them into the property. Here are our top tips on what you need to think about when letting out your property to new tenants. 1. Meet your tenants and set up a rapport with them Get to know…
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Deposit disputes over cleaning
Increasing numbers of landlords are facing properties that are dirty at the end of the tenancy and it has become the most common reason for disagreement when it comes to deposit disputes, according to the Association of Independent Inventory Clerks (AIIC). Disputes over cleaning are arising because tenants are not leaving the property in the…
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How to find and check out your new tenants
Most landlords will have expenses to pay on their properties, such as mortgage payments. Not only is it important that you find a tenant quickly, but also that they’re an honest person who will pay the rent promptly (so that you can meet your expenses) and who will look after your property (and protect your…
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Top tips for advertising your rental property online
There are many things you need to think about when you’re starting to let out your property to tenants. The first thing you need to do is advertise the property effectively and get the right tenant for you. Read our top tips on what you should think about when advertising your rental property online. Find…
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7 common mistakes novice landlords should avoid
With so many favourable articles of late proclaiming the positive merits of investing in buy to let properties, a novice landlord might be forgiven for thinking that owning a rental property is an easy way to make cash. But the reality is somewhat different. The potential for earning a healthy profit is almost certainly there,…