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THE TIME IS NOW TO GET YOUR RENTAL PROPERTY READY AND LEGAL FOR WINTER 

 

 

Winter is the time when most problems arise in rental properties.

 

Emergency callouts abound, and insurance claims rocket, mostly from water or weather damage. While your policy might cover the costs, the inconvenience of midnight phone calls, stressed-out tenants and urgent repairs is something every landlord wants to avoid.

 

Autumn is the perfect time to plan for the colder months, get ahead of the elements and give your property a seasonal MOT and fix any minor repairs before they become a major headache. 

 

Covering everything from your legal obligations, the checks to make at your property, and the conversations to have with your tenants, this week’s blog is a complete landlord’s guide to getting your rental property prepared and protected for winter.

HOW TO AVOID PROBLEM TENANCIES AND CREATE THE PERFECT LETTING

 

Nothing is more important than getting the right tenants for your rental property – because the choice you make will have a profound impact on your peace of mind and finances. 

 

Whenever we’re contacted by a landlord who’s been having problems at their property, there’s very often something that was missed or skipped before the tenancy started.

 

A typical story is that things started well, everyone got along, and the landlord was pleased with their choice of new tenants. Then, at some point, something went wrong, and the landlord was left frustrated, disillusioned and out of pocket.

 

So how can you tell if you’ll get respectful, responsible and reliable tenants before you hand over the keys? More than anything, it’s all about the setup, and this week we’ll take you through our tried and tested process, to avoid problem tenancies and create stable and long-term lettings.

TAP INTO THE TREND TO BOOST YOUR RENTAL PROPERTY'S INCOME

 

Can you believe the average UK employee now spends just 1.5 days a week at the office? Unimaginable just a couple of years ago, it's now abundantly clear that the way we work has changed forever.

 

The new era of flexible working spells good news for landlords, with the chance to increase the income of your existing rental properties. Government figures confirm that hybrid workers are more likely to be high earners, which makes them an audience well worth targeting.

 

More people than ever are working remotely, including those looking at properties to rent in Liverpool.  Everyone accepted makeshift arrangements during lockdown, from Zooms on the couch to laptops on the stairs, but tenants are now prioritising their health and wellbeing. 

 

Today, homes are being scrutinised for how suited they are to double duties, with high demand for clearly defined workspaces. So whatever the size of your rental property, here's our guide to using what you've got to maximise the performance of your investment.

GET IT RIGHT FIRST TIME WITH OUR EXPERT TIPS FOR NEW LANDLORDS

 

Have you wondered about becoming a landlord but aren't sure whether it's still worth it or even your kind of thing? Well, you're in the right place!

 

For anyone with a genuine passion for property, being a landlord is a very natural fit to supplement your income, build financial freedom and nurture your inner designer and entrepreneur.

 

Providing comfortable and stylish homes that people enjoy living in is a genuine source of satisfaction and accomplishment for many of our landlord clients - they take real pride in what they do and find the experience truly rewarding, personally and professionally.

 

It's also true that the buy-to-let landscape has shifted significantly in recent years. Changes in taxation, stamp duty, tenancy legislation and energy efficiency standards have put more responsibility on landlords, but buying to let remains a sound long-term investment strategy. 

 

With that in mind, this week's blog covers all you need to know about starting and growing your own lettings portfolio.

OUR EXPERT TIPS TO MINIMISE THE WEAR & TEAR AT YOUR BUY-TO-LET 

The end of a tenancy is often filled with uncertainty. Landlords worry over the state of their property when it's returned, while tenants fret about how much of their security deposit will be refunded.

Fortunately, there are many ways for landlords to design out the potential for damage, reduce the impact of wear and tear and alleviate the nail-biting as the check-out date approaches. 

Three of the most fundamental factors include: 

 

  • the way the contract and relationship with your tenants are set up from the start

  • the liveability and durability of your buy-to-let when your tenants move in

  • how your tenants and property are managed during the tenancy.

 

A shared goal of every landlord and tenant should be a home that's easy to live in, easy to love and easy to hand back in good condition. With that in mind, this week's blog has everything you need to help your buy-to-let stay in great shape during a tenancy, and to minimise gaps in your income between lets.

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