As a Landlord you want to be able to give your tenants the freedom to enjoy having friends and family over to visit throughout their tenancy. However, what happens if you believe a tenant is spending more than an acceptable amount of time at the property and suspect they have started living at the property. How do you know when a guest has become a tenant?
It’s that time of the month, splitting bills. Many of us have been there, and if not you might be soon. How we share these payments can be a stressful time for tenants. It’s no secret bills have to be paid to keep a roof over your head. Someone has to pay these bills and it’s important to have a plan in place to make sure bills are paid in full and on time. Depending on the dynamics in the house and individual personalities, there are different ways sharers can solve splitting bills.
The latest research shows that tenancy renewals for the month of March were the highest in over 10 years, as tenants opted to stay put during the coronavirus lockdown. In addition, there were more rental properties available in March than February, leading some experts to believe that despite signs rental demand will increase post-lockdown, rents could decline by more than 2% due to the number of job losses and wage cuts tenants across the UK will likely face.
Banking has seen some revolutionary changes in the last few years - mobile banking has become second nature and we have seen a move away from traditional banks to ones operating almost entirely online. Now is the perfect time for landlords to revamp their rent collection and collect rent quickly and easily at the touch of a button.
This week, we are going to take a look at alternative rent payment options landlords and tenants can use.
Average rents across the UK are expected to hold steady around current levels over the next 12 months, as uncertainty surrounding the coronavirus and the Government's exit strategy from current emergency lockdown measures weigh on demand for new rental contracts. That's a different view from the Royal Institution of Chartered Surveyors' (RICS) latest housing market survey, which in previous months and throughout much of 2019, reported expectations for further, notable rent rises.
Finishing University and don’t want to move back in with your parents? Never left and just want to move out into your own space? A house share is the perfect, most affordable option for a independent home whilst you find your feet and get your finances in order. However, it can also come with a few problems if you don’t do you research beforehand.