Is Renting to Housing Benefits DSS tenants worth the hassle?

Landlords tend to fall into two groups – Those who will rent to DSS tenant (s) – And those who would never contemplate risking their prized asset with what they perceive to be ‘chav’ tenants. DSS tenants get a bad press – The public perception is that a single mum with lots of kids running…

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Serving the Correct Section 21 Notice..

I used to be a Lawyer, specialising in Landlord and Tenant law. I’ve lost count of the number of possession cases that I’ve had to salvage because of errors made by landlords. This was because notices seeking possession had been served on the tenant incorrectly. Getting this wrong can add months to the time it…

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2015 Budget: Tenants will be able to Sub-Let

The Residential Landlords Association (RLA) described the 2015 Budget as “a nightmare” after reading new subletting rules. The Budget, announced by Chancellor George Osborne on Wednesday, outlined plans to make it illegal for private sector tenancy agreements to include clauses that prevent the sub-letting of the property. On page 51 of the Budget Red Book under the…

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Are you happy losing 9 out of 10 potential tenants?

Do you know any Letting Agents who don’t advertise vacancies on Rightmove? I doubt it. Some of them use Zoopla, Globrix, FindaProperty, PrimeLocation (we use all these, and others too). So it doesn’t matter which agent you use, as they’re all the same, aren’t they? Well, actually no they’re not. Most of them only convert…

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Have you ever needed to evict a tenant?

If you’ve ever had to evict a tenant, you’ll know how tricky this can be. For example you’re using the Section 8 process, it’s easy for the tenant to dispute the debt and very often you won’t gain possession at all. We always use the Section 21 procedure. That way, possession is guaranteed – IF…

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Beware the latest Letting Agents scam!

You may have seen listings on Rightmove for properties that are “Premium Listings”. These have larger profiles with 3 pictures and tend to stand out from the rest due to a “Premium Listing” banner. The question we get asked is; ‘Do they work?’ Rightmove’s own research indicates that you’ll receive 21% more enquiries. I’ve tested…

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Has Traditional Estate Agency gone off the market?

Has traditional estate agency gone off the market? In probably the most regressive move for homeowners and landlords in years a significant number of traditional agents have recently made the decision to stop marketing properties on both of the two most popular property sites in the UK.  They’ve done this by selecting just one of…

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Loads of Property Landlords being Jailed…

Every week there is a story released of a letting agent being jailed for stealing client’s money. Thousands of Property Landlords are losing millions of pounds and most are unaware of the risk. Don’t let this happen to you. Here are a couple of examples; http://www.estateagenttoday.co.uk/news_features/Agent-who-stole-from-clients-is-jailed-for-two-years http://www.lettingagentnews.co.uk/letting-agent-jailed-for-stealing-1370000-1101 The reason for this increasing problem is twofold; 1.…

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Do you Advertise Your Vacant Properties Online?

I’m sure you know that Rightmove is the UK’s busiest property portal. Despite the fact that they’ve recently increased their prices significantly, you can’t really afford not to use them, can you? However did you know that they only account for 4 out of every 10 property searches? And the other major portals, Zoopla, FindaProperty…

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Attention Property Landlords… Who Do You Let Your Properties To?

If you have a portfolio, no doubt some of your properties are better than others. You might have some that are great properties in great locations, where you can attract high quality tenants. And you might have some “not so great” properties in, let’s say, less desirable areas, where you can’t be quite so choosy.…

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