Latest Property News - Homelets & Sales

Details: Published: 09 September 2024; Hits: 411

Landlord dream team: who do you need by your side for an easy landlord life?

They say teamwork makes the dream work, and being a landlord is no exception.

Having great people working for you gives you the most precious commodity of all - time. Time to spend with your family, on personal passions, or expanding your rental portfolio.

Listen to any Ted talk or podcast with a high-profile business leader, and they all say the same thing: doing everything yourself is the path to stress, rather than success.

So, what does that look like for landlords? Well, there are five key areas where help is at hand:

Competent management of your property

Borrowing and long-term financial strategy

Tax efficiency & inheritance planning
Safety, maintenance and repairs
Support, connection and inspiration

How would it feel to have all that sorted? Whether you're sold on the idea or still on the fence, let's look at the experts who devote themselves to giving you an easy landlord life.

Details: Published: 30 August 2024; Hits: 363

What do Tenants Want? Five Insider Tips to Maximise Your Rental Home’s Appeal and Profit

When times are good, it’s easy to think tenants will rent anything at any price. But when the market changes and there's more competition from other rental homes, a property can quickly lose its appeal.

Outdated homes also mean more calls around making repairs together with more tenant changeovers, all the while falling further behind the market and never reaching their full income potential.

So, what can you do to keep your property in demand for years while also protecting your profits? Well, a good start is to explore what tenants want around primary considerations like:

Reliability and practicality
Feeling safe and secure
Having space for stuff
Eco-friendly features
Finding a home with heart

If you're open to long-term capital growth, minimal changeovers, maximum rental income and an enjoyable landlord life, these five insider tips will help you cement your property’s prosperity.

Details: Published: 19 July 2024; Hits: 505

FIVE UNIVERSAL PRINCIPLES THAT EVERY LANDLORD NEEDS TO KNOW

Whatever kind of landlord you are or wherever you own a rental property, some universal principles apply to keep your investments profitable, sustainable, and enjoyable.

Private landlords are effectively small business owners, and just like high street shops and online retailers, an important part of their success is planning and management.

Fortunately, being organised and astute is completely free and this week's blog is all about mastering the key fundamentals of buy-to-let, including:

Referencing and management
Avoiding penalties and fines
Choosing the right specification
Maximising your market
Managing your finances

We love helping landlords in Liverpool to get these things right with a portfolio that runs like a well-oiled machine, so without further ado, let's get down to it!

Details: Published: 10 July 2024; Hits: 513

HOW TO CALM CONFLICTS BETWEEN SHARERS AT YOUR RENTAL PROPERTY

More people than ever are sharing a rental home as rents keep rising and supply continually falls short of demand.

Shared homes and HMOs (Houses in Multiple Occupation) have been highly profitable for landlords, but they also come with the inevitable challenges of multiple people living at the same address.

Whether you’re already renting to sharers or just considering the idea, it makes sense to see how other landlords plan for peaceful homes and diffuse disputes, so in this week’s blog we’re going to cover:

Setting up a harmonious house share.

Getting your tenants to talk.

Managing noise and guests.

Household chores and shared spaces.

If someone wants to leave.

What you'll discover is that almost every situation can be resolved, and often without too much action from you beyond the correct setup and a few encouraging words.

Details: Published: 14 June 2024; Hits: 542

SMART AND SMOOTH FINANCIAL MANAGEMENT FOR YOUR BUY-TO-LET

“Look after the pennies, and the pounds will look after themselves.”

It might be an old saying, but keeping a keen eye on the day-to-day finances of your rental property can pay huge dividends. But we’re not talking about being cheap.

From buying a new fridge to replacing a shower head or even choosing a letting agent, going for quality will reward you with years of reliable service.

But you can also be savvy with your money around costs, income and planning for the unexpected when you put some time and thought into:

Removing financial shocks
Making smart repairs and replacements
Reviewing your regular outgoings
Increasing your income

Claiming every allowable expense

Being on the case with all of the above can unlock thousands in extra profits to either enjoy at your leisure or reinvest in your business, so let's dive in to see what's in it for you.