Rental arrears are one of the biggest risks for landlords. While most missed payments are simple mistakes, one late rent payment can quickly turn sour and leave landlords having to pursue further action.
When a tenant first skips a rent payment, it’s important to act quickly and follow the recommended legal steps to protect yourself and prevent issues later down the line.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: Average house price set to break the £300,000 barrier; House builders hit by shortages and interest rate fears; Leading BTL lenders reduce mortgage rates; Average UK rent rises 3% to almost £1,300 a month; Landlord average arrears rise above £2,500; UK has highest property taxes of any developed nation… Happy reading and… renting!
To say the UK property market has been disruptive in recent years is likely an understatement. Rising interest rates and high levels of inflation – coupled with soaring costs of living – have left many landlords less than certain about the future.
There’s no denying that the buy-to-let landscape has changed drastically over the last couple of years, with many changes eating into profits. But does that mean a buy-to-let is no longer a good investment in the UK?
There are certainly more challenges than there used to be, so getting into property management for the first time requires even more careful consideration.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: The top areas for buy-to-let rental yields; UK housing market cools; Mortgage Trends in the UK: What Buyers Should Expect in 2025; What the government’s EPC consultation means for landlords; Cleaning accounts for 65% of deposit disputes… Happy reading and… renting!
As a landlord, DIY is likely your middle name. Not only when it comes to renovations – fixing a sink here and splashing paint on a scuffed wall there – but in how you manage your property overall.
With estate agents charging as much as £200 to write your rental listings, more landlords are putting on their marketing hats to handle it themselves.
Writing a rental listing is fairly straightforward, but there are some big yeses and absolute no-no’s to bear in mind. Your listing is what sells your property to tenants, so you need to get it right – without ending up with a legal battle on your hands.
In this article, we’ll explain step-by-step how to write your own rental listing.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: Stamp duty changes and budget uncertainty will impact housing market in 2025; UK house prices fell in December; Interest rates could fall to 2.5%, economist predicts; The importance of building insurance for landlords; Corporate landlords replacing private buy to let landlords; 2025: A perfect storm for landlords and tenants?… Happy reading and… renting!
Vacant properties tend to be a landlord’s worst nightmare. A tenant moving out unexpectedly leaves most landlords scrambling to find a replacement occupant as quickly as possible – and understandably.
Voids in a rental property are bad news for income and profits. Even with rent guarantee insurance, there’s only so long you’ll be able to reclaim the costs before you have to start reaching into your own pocket.
But is keeping a property vacant all bad? Certainly not. For some landlords, it’s the ideal scenario and offers a range of benefits.
In this article, we’ll explain the ups and downs of keeping a property vacant and whether it’s worth it – both in the short and long term.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: Why the UK’s housing crisis will deepen as landlords flee; Housing market returns to growth; Jump in average fixed mortgage rates recorded in December; Rents rise by 8.7% – but one area sees a 30% increase; Survey finds Budget a big disappointment for landlords… Happy reading and… renting!
The costs of being a landlord are ever-increasing and it’s tempting to shave a few pounds off the bottom line whenever you can. But is skipping rent guarantee insurance the way to do it? It certainly comes with its risks.
Rent guarantee insurance offers financial protection to landlords in case the worst happens. But how likely is it? Are there cheaper options? And what exactly is the financial protection you get from having insurance?
In this article, we’ll explain what rent guarantee insurance is, what it covers, and the pros and cons of investing to help you decide whether it’s an essential spend for you.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: What is going to happen to house prices next year?; Chronic shortage of rental homes to worsen due to Labour squeeze on landlords; Mortgage rates won’t dip below four per cent this year, experts say; Tenants want greener homes – but not higher rents; Rents drop 12% in October as market cools off; Is the government destroying the UK’s rental market?; Stamp duty hike: a ‘bitter but manageable pill to swallow’ for UK landlords… Happy reading and… renting!
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