Co-investing in a buy-to-let property with friends or family – is it a good idea? It certainly can be, but it’s important to get the full picture before jumping in headfirst.
In this article, we’ll explain the many benefits that come with investing in a buy-to-let property with family or friends as well as the risks involved. At the end, we’ll share our top tips on how to make investing with people you know work as it should.
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: Rising buyer confidence boosts UK residential property market; UK’s fastest selling property market revealed; Major UK banks including HSBC, NatWest and Barclays increase mortgage rates; Edinburgh named on list of most expensive places to rent in the UK; New calls to tackle a ‘rental affordability emergency’; Section 21 ban could trigger eviction surge… Happy reading and… renting!
Changing an existing tenancy agreement must be done right. Properly recording the changes protects landlords from accidentally invalidating a contract or breaching a tenant’s rights.
In this article, we’ll explain how to change an existing tenancy agreement step-by-step and offer guidance on the most important elements to consider.
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: UK rental growth slows to 33-month low; Manchester tops list of most popular first-time buyer hotspots in the UK; Lower mortgage rates keep first-time buyers in London; 21 tenants competing for each rental – is buy-to-let worth it for landlords?; What are the risks and benefits of buying a house with a friend or sibling?… Happy reading and… renting!
Every good buy-to-let investment starts with a viewing. When first laying eyes on your potential investment, certain points must be considered to determine if it’s going to be a money maker or a financial black hole.
In this article, we’ll talk through the most important points to consider before investing in a buy-to-let property. We’ll share our advice on how to decide during a viewing whether it’s the right property 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: A 2% increase in house prices by end of 2024; UK house prices drop by more than £5,000 in August; Mortgage arrears largely unchanged in Q2; One in 20 tenants have missed rent payments over the last 12 months; UK rental market booming with record rents and 17 enquiries per property; How to avoid bad tenants as a landlord; Stamp duty relief blow for first-time buyers… Happy reading and… renting!
Growing revenue is essential for landlords to keep up with inflation. One key way to increase earnings is through rent increments. And with recent data showing that UK rents rose by 6.2% year over year, now is the perfect time to increase your rent.
However, you need to maintain a delicate balance between profitability and tenant satisfaction. Factors to consider include local market conditions, legal restrictions, your property’s unique circumstances, and the proper way to notify tenants.
This guide will walk you through the process of navigating rent increases, providing you with the knowledge and strategies to make informed decisions that benefit both you and your tenants in today’s dynamic rental market.
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: Steady rise in house prices points to growth in confidence; UK Build to Rent investment hits record high; ‘New normal’ will be mortgage rates between 3.5% and 4.5%; Government urged to fix renting crisis as rents rise by 35 per cent in Shropshire; Cheapest places to rent as Black Country named most affordable for housing; Renters reveal top ‘deal-breakers’ when looking for rental property… Happy reading and… renting!
Pets can make a property feel more like home for tenants, so it’s just intuitive to make some provisions for them if you want to boost your rental income.
However, before you commit, it pays to weigh the pros and cons. Pets can damage property or annoy neighbours if rules aren’t set. But a pet-friendly policy also attracts great tenants who stay longer.
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: Asking prices for UK homes hit record high; Will UK house prices fall?; 21% of new first-time buyers stretch mortgage terms for more than 35 years; Rents rise 9.1%, London and Scotland outperform rest of UK; What does cooling inflation mean for house prices and mortgage rates?; Tenants increasingly stay put while homeowners move more frequently… Happy reading and… renting!
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