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👨⚖️ Housing Tenancy Act (1988): gives us the modern tenancy agreement whereby a tenant has the right to live, undisturbed, in a property for an agreed period of time and for an agreed amount of rent. The landlord, has the right to set that rent, and also has the power to evict.
How to choose tenants:
•Have a meeting
•Check their identity and right to rent
•Double-check everything
•Do online checks
•Credit checks
•Bank statements
•Taking references
‘Rent to rent’ tenants – if someone wants to rent your property for the purpose of subletting to other occupiers, be aware that this cannot be an assured shorthold tenancy, or indeed a residential tenancy, as your tenant will not be living at the property.
Everything you need to create a tenant information form: Name, date of birth, current and previous addresses, Insurance, driving license and passport numbers, employment details, smoker, Pets or cars; Bank account details.
Can you think of anything else? https://t.co/g9lgVQqULn
Buying property in the right areas is crucial for landlords, so where in the UK can you benefit from attractive returns in 2023?
Read on to find out the top towns and cities attracting property investors.
🔗 👉 https://t.co/DqQ8WwlEpJ
Money saving tips: 🤑
•Take time to find the best tenants, start the search early.
•Keep a database of future clients.
•Ask for credentials.
•Reply to your tenants quickly.
•Meet tenants in person.
As a landlord, you're responsible for most of the maintenance of the property like:
Electrical wiring
Gas pipes and boilers
Heating and hot water
Chimneys and ventilation
Plumbing
Common areas
And more, continue reading on our blog for the full list! 📝 https://t.co/TKL54wHNH4
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Where are the best locations for capital gain?
• Manchester
• Nottingham
• Birmingham
• Sheffield
• Leeds
Read more about this here: https://t.co/9t2AoZ0Zpl
@HomeLet
There is a highlight of an era of black exteriors in Notting Hill, a trend that is spreading to other local areas, including W6 and W8 in Kensington. Usually, the west end trends dictate what the other areas will look like.
See more of these trends here: https://t.co/3C8fh28xXn