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1083 articles
Yes, your honour! The impact of sub-standard rental property and inspections
Sub-standard rental property can result in landlords facing a judge in court and being ordered to pay significant fines, not to mention the loss of rental income and expensive property repairs. Recently, legislation has been introduced to crack down on those landlords who continue to rent out below-par properties. Although the vast majority of tenants […]
Right to Rent for EU nationals: All change on 1st July 2021
Private landlords are legally required to complete Right to Rent checks to establish the immigration status of any lodgers, tenants, together with other adults who are to be living in the property. The right to rent check must be carried out before the tenancy starts. British Citizens have enjoyed an unlimited right to rent as […]
Landlords spending spree is fuelling dramatic improvement in Private Rental Sector Property Standards
Landlords spending more than £899m per year on improving newly acquired properties before renting them out to tenants has led to the quality of accommodation in the private rental sector dramatically improving over the last 10-15 years. The Office for National Statistics states that the number of homes considered non-decent in the private rental sector […]
It’s not that common, it doesn’t happen to every landlord, and it is a big deal!
Ok, ok… so it’s blatant plagiarism of the famous quote from ‘we were on a break’ – Friends – 1997 – but it’s really apt when it comes to highlighting what some landlords have to deal with when a tenancy goes wayward. The end of tenancy check out can be and often is a straightforward […]
A Landlords Guide To Summer
With the summer finally underway, the majority of people in the UK are looking forward to long, lazy days spent relaxing in the sunshine, or maybe even planning a trip or two away to enjoy their free time. For landlords, meanwhile, the summer period comes with a whole list of tasks to tackle, if they […]
Tenant? Here’s your guide to summer
Tenant? Now that summer is finally here, many of us are keen to enjoy all of the wonderful things that the sunniest season can bring. From day trips to parks and beaches, through to garden gatherings, or even just relaxing outside with a good book and a cold drink, there certainly is plenty to look […]
Landlords – What are your gas safety responsibilities?
Whilst being a landlord has many perks, it also comes with its fair share of responsibilities and associated costs – gas safety being one of the most important areas to be compliant on. Property inspection and inventory reports are part of this – but so too is ensuring your property is safe for your tenants. […]
Security in vacant properties – as safe as houses?
Security is one of the many issues that make being a landlord a demanding role. It’s already a full-time job when you have a full complement of tenants. But when you have a property standing empty, you can find yourself facing a host of new, complex challenges, none of them particularly pleasant. While the suspension […]
Broadband in rented properties – a real no brainer
If you rent out your property, you might have considered bundling broadband in with the tenancy. This is now seen as a ‘must have’ as people work more and more from home so not only is it an attractive option, it’s essential in areas without a good Wi-Fi service or high-speed fibre broadband. But what […]
Student accommodation – will this continue to be a victim of COVID next term?
The COVID pandemic and the draconian lockdown measures which were introduced in March 2020 constitute the biggest peacetime disruption to the economic and social fabric of the UK in our history. Virtually everything we know and do, where and how we live, has been negatively impacted – including student accommodation. Education at all levels has […]
Property Inspection Reports – Why landlords should be investing in more than just bricks and mortar
By being a landlord, you are making a huge investment not just financially, but also emotionally all with the aim to gain a regular, decent and sustainable return on your investment that could be your key source of income and or a future nest egg for when you retire. It’s certainly not for the faint-hearted. […]
Will ‘working from home’ leave landlords with a bigger maintenance bill long term?
Sometimes it feels as though the pandemic is all that anyone wants to talk about. That’s not surprising since it’s hard to think of any single phenomenon since the Second World War that has had such a profound impact on the way we conduct our personal and working lives. Lockdowns have varied in severity across […]
Why don’t tenants insist on an inventory report?
The tenant-landlord relationship can be precarious at the best of times and as a tenant, you can sometimes feel at a disadvantage. What is a home for you, for the landlord it is either a business asset or a family home rented out for a variety of factors, so each party will have an emotional […]
Is pet odour making rental properties ”Eau de No Let’?
You can be forgiven for thinking that a house that smells fresh and clean is, in fact, clean because that’s what we associate with the various odours we pick up on or notice in and around a property. But if a distinctly unpleasant pet odour is prevalent; is that a barrier for potential tenants? Can […]
The long covid effect in the lettings industry – are increased rentals here to stay?
Whatever else we imagine the legacy of COVID-19 to be, uncertainty is a given. The Bank of England predicts massive economic growth in the coming year. This will likely be fuelled by the boom in consumer spending expected when all the unspent income built up during lockdown is unleashed not just on the high street, […]
UK Rental Market Statistics – 2021 Report
Renters make up about one-fifth of households in the UK, with the majority of these homes owned by private landlords. With 2020 proving difficult for homeowners and tenants alike, as well as vastly disrupting the property industry, this report analyses the current state of renting and the buy-to-let market, as well as how Covid-19 has […]
Protecting the Deposit – Why tenants should insist on an inventory report
The relationship between tenants and landlords can be precarious at the best of times and as a tenant, you can sometimes feel at a disadvantage. What is a home for you, for the landlord it is either a business asset or a family home rented out for a variety of factors, so each party will […]
InventoryBase Academy extends its CPD course portfolio following 1,000 course completions
Since launching in late 2019; InventoryBase Academy has enabled over 1,000 completions from their suite of training courses. Available to both the letting and estate agent industry; the training ranges from GDPR for Inventory Providers, advice and support in the field with NSPCC Safeguarding Awareness through to safety in the home with Fitness for Human […]
InventoryBase announces partnership with Safe2
We are proud to announce another key industry partnership to help both landlords and agents manage their relationship with tenants and provide safety and security in the rental home. In collaboration with Safe2, already the leading provider of property safety certificates across the UK, landlords will now be able to access the skills and services […]
Renting Out a Property for the First Time? A Landlord’s Guide to the Most Asked Questions
Renting out a property is a considerable but rewarding commitment. When purchasing a property for someone else to live in, the best way to get the most out of your investment is to remember that it is a two-way transaction. While most landlord-tenant relationships are amiable, understanding your responsibility and rights as a landlord before […]
How to reduce costs when renting out your property
Renting out a property can be expensive and there are many factors you need to consider, from finding the right agency and tenant, to keeping the property in a good state of repair. But there are some simple ways in which you can reduce unavoidable costs when renting out your property. We’ve identified just a […]
7 Ways to reduce costs when renting out your property
Renting out your property can be quite expensive and sometimes it can feel overwhelming with what can seem like a ‘trillion factors’ you need to manage and consider, from finding the right agency and tenant to keeping the property in a good state of repair. But there are some simple ways in which you can […]
Should all tenants be allowed to keep pets?
A pet is a huge commitment and meant to be for life – but often it’s only a choice for those able to own their own properties. In rented accommodation, there is hardly any choice. Is that fair – should all tenants be allowed to keep pets? With the massive changes experienced over the past […]
Why property inspections will be even more important after lockdown
England has started down the long road to exit the third lockdown with restrictions starting to ease as we move through the Government’s 4 Step Plan. Essential moves and viewings have continued throughout the past 18 months, albeit with the necessary safety and hygiene practices in place – property inspections must not be forgotten post […]
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