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1083 articlesProperty Inventory Training – How to become an inventory clerk
Finding the right career or job can be quite a daunting process. If you are unsure as to what you want to do and how your skills will transfer from your current role to your chosen profession, making the leap will bring with it a lot of mixed emotions. Being an inventory clerk or inventory […]
Coronavirus – Checklist for Inventory Clerks
Guidance as derived from ARLA Propertymark Inventory Clerks should keep up to date and respond to the latest advice from both the Government, Public Health England and the Chief Medical Officer, but wherever possible continue to offer reporting services and provide the support and advice that your clients need. This checklist seeks to help you […]
The Options Which Could Revive the Buy-to-Let Market
It is clear that the war on buy-to-let landlords since 2016 has escalated heavily, and now, as we reach a new decade, the impact of new stringent regulations and punishing tax schemes has led to large numbers of investment landlords leaving the sector. Momentum, which has been stifled, can be blamed on stricter affordability checks, […]
Coronavirus COVID-19 – Advice and guidance for Property Professionals
With the Coronavirus now classified as a pandemic worldwide, we provide advice, guidance and best practice for those working within the property industry to work safely. Clearly this is a worrying time for both the UK and worldwide populations especially now that coronavirus has now been declared a worldwide pandemic. Everyone’s health is paramount so […]
Property Maintenance of Each Buy-to-Let Totals 28 Per Cent of Rental Income
Property maintenance of buy-to-let stock is costing landlords in the private rented sector around 28 per cent of their rental income each year according to research. The research, conducted by letting management platform Howsy, discovered that the cost of maintenance for the average property in the buy-to-let sector currently totals £2,313 across the UK. Interestingly, […]
InventoryBase Academy – Interim Property Visits – How we are supporting inventory professionals
At InventoryBase Academy, we all know the impact of the Coronavirus (COVID-19) continues to be felt in both terms of individuals being tested positive and the very sad news of fatalities both here in the UK and worldwide. We want to do whatever we can to help you to reduce the risk to both yourself, your clerks […]
How will the housing market change after Brexit?
Brexit finally happened when the United Kingdom formally left the EU on the 31st January at 11pm. At this point, the country instantly entered into a transition period of 11 months, which means that Britain will continue to pay money into the EU27 and still abide by EU regulations and rules. Although the majority of […]
Could Sadiq Khan’s Plans for Rent Control Be a Disaster for Potential Tenants?
Landlords have expressed their concern that rent controls for the city could create a catastrophe for potential tenants. The warning has come from landlord associations the NLA (National Landlords Association) and the RLA (Residential Landlords Association), as Sadiq Khan, the Mayor of London, calls for the introduction of rental controls, which are at the centre […]
‘The Inventory Professional’ podcast from InventoryBase Academy is now live!
As we continue to strive to bridge the gap between independent inventory clerks and the lettings industry, InventoryBase Academy has now launched its new podcast channel; The Inventory Professional. A free service; the podcast has been added to their training platform to help support and inform inventory clerks across the UK and compliments the webinars, […]
Insurance claims from UK storms could total £425 million
The storms and severe weather which have rocked the UK and brought strong winds along with heavy rain to many regions across the country are expected to cost around £425 million in home insurance claims, it has been estimated. With hundreds of homes flooded up and down the country, PwC, the business consultancy giant, predicts that […]
InventoryBase App v5.4 Release Notes
InventoryBase 5.4 Release Notes The latest update to the InventoryBase app is now live for Apple iOS and Google Play. Take a quick look at what’s new… Updated Interface Room photos are now accessible at the top of each room. In addition, we’ll now show your item-level photos underneath each item. No more clicking back […]
Agents to target consumers by using under utilised digital environment
The trend that industry experts believe will provide the greatest challenges and opportunities in digital marketing continues to be changes in consumer behaviour. In recent years, this has been largely driven by innovative technological developments, and is why the majority of letting and estate agents, at 65 per cent, are planning to utilise social media […]
Which areas have experienced the biggest increases in rental yields after the Tenant Fees Ban?
Yields from rental property in the private rented sector are experiencing marginal dips since the ban on charging fees to tenants was introduced in June 2019, fresh research has discovered. The latest research from Howsy, the letting management platform, has shown that rental yields across England have reached an average of 4.08 per cent. This […]
Are property investors confident in the Conservative government?
After three years of hostility and intense debate, alongside two elections, the latest general election in December 2019 had the potential to provide the political breakthrough many in the UK were hoping to accomplish. Overwhelmed by Brexit, Westminster was frozen in a deadlock, which created a lack of confidence in the current government’s competence to lead. […]
Buy to let landlords contribute over £3.6 billion to local economies in one year
Buy to let landlords have contributed around £3.61 billion to local economies around the UK in the last year, according to new research from Aldermore Bank. The bank questioned 1,000 investors in the buy to let sector, and discovered that the average private rented sector landlord spent £1,443 in the last 12 months on local […]
Could a mass exodus of landlords be on the horizon for the UK?
Could the UK be on the verge of a mass exodus of landlords? It seems like an ominous query, but when buy to let (BTL) landlords are questioned about their investment properties, it is clear that choosing to become a landlord is not as straightforward, attractive or appealing as it once was, many years ago. […]
InventoryBase growth continues with the appointment of a new commercial manager
Market-leading inventory software providers, InventoryBase, appoint tech industry specialist. In line with their recent launch of the new service, InventoryBase Workstreams, the industry-leading proptech specialists have now appointed a new commercial manager as the business continues to grow. Warrick Swift will be responsible for the commercial development and marketing of all Radweb products, operations and […]
InventoryBase Academy – Inventory Providers in 2020 – Practical Solutions for Practical Problems
These have included ARLA, RLA, and SafeAgent who have focused on ways to improve the tenant experience as well as safeguard the industry against potential changes that could cause disruption. These include the scrapping of the so called no fault eviction – section 21, the overhaul of section 8, the potential introduction of a new housing court. The manifesto’s […]
Failed Scheme for HMO licensing criticised due to short consultation period
HMO Licensing in Cardiff has been criticised by a trade body, which has spoken out and claimed that the consultation period for the scheme was too short, and could have breached guidelines. Cardiff Council has announced that it wants to re-establish an additional HMO licensing scheme and has proposed adding a further ward to the […]
What happens after a rental property inspection?
There are many common processes which a landlord must follow after a rental property inspection is conducted. For example, a common issue for landlords after an inspection is the very fine line and difference between damage and fair wear and tear on the home. While a landlord must be compensated for any damage caused, there […]
The most attractive towns and cities for buy to let in 2020 revealed
Over 800 buy to let landlords have been questioned in a survey, which aims to establish the locations which landlords feel provide the best investment opportunities for rental properties in 2020. The study, which was undertaken by Simply Business, the provider of insurance for landlords, has shown that Manchester and London are the cities which […]
Labour council proposes to introduce city-wide landlord licensing and windfall of £12m
A Labour council in Oxford wishes to introduce a landlord licensing scheme city-wide, in a proposal which requires approval from the government in order for it to be implemented. Earlier this month, controversy was sparked by the decision by the Ministry of Housing, Communities and Local Government to refuse permission for Liverpool council, a Labour […]
Agents expelled by TPO for not passing on rent
One of the most complicated and least understood procedures in the lettings process is assessing what defines fair wear and tear in a rental home. This is one area which creates much ambiguity, and it can frequently create disputes when a rental agreement comes to an end. Redecoration, cleaning and repairing of alleged property damage […]
Student accommodation: information for new landlords.
Student accommodation in the UK continues to be a lucrative investment for buy to let landlords, as impressively high double-digit yields remain available in many regions of the country. As university students head back to continue their studies over the coming weeks, demand for housing remains high, thanks to an increase in the number of […]
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