Rentila Archives - Rentila - Property management blog for landlords

Understanding rent guarantee insurance: Is it worth it for landlords?

Summary

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.

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Investing in a Buy-to-Let property with family or friends: risks, benefits, and expert tips

Summary

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.

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Navigating rent increases: When and how to raise the rent

Summary

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.

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How to manage renovations and repairs when purchasing a BTL property

Summary

If you recently purchased a buy-to-let (BTL) property, you’re probably projecting just how much rental income you’ll generate over the next few years. However, the work’s just getting started.

As any experienced landlord knows, managing repairs and renovations is key to keeping tenants happy and profits flowing. But how should you go about it?

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$The pros and cons of fractional real estate ownership$

Summary

You’ve heard of timeshares, right? Shared holiday homes where you buy just a slice of the property…

Well, fractional real estate takes that idea and turbocharges it. We’re talking about high-end property investment in prime locations with the opportunity to own a fragment of a multimillion-dollar asset. Sounds too good to be true? It just might be.

There are several benefits and downsides of fractional real estate ownership, and it’s important to evaluate both sides for a sound investment decision. Let’s begin by outlining what this property investment strategy is all about.

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How to secure a rental property: guide for landlords

Summary

Did you know that England and Wales experienced 273,076 burglary cases in the year ending September 2023?

As a landlord, you want to protect your property and tenants. But how do you secure a rental from threats like burglary, fire, water damage, and unruly residents?

Don’t sweat it; we’ve got your back. Join us in this read, where we explain how to secure a rental property. We’ll walk through essential tips to safeguard your BTL property so you can sleep easy at night, knowing your rental is protected.

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Summary

With about a 32% increase in eviction notices served to tenants between 2022 and 2023, landlords have increasingly found reasons to evict tenants in the UK. But this doesn’t mean eviction is straightforward; tenancy law is complex, and there are lots of legal procedures to adhere to.

In this comprehensive guide, we’ll walk you through the step-by-step process of how to evict a tenant in the UK, ensuring you comply with the relevant laws and regulations.

But first, let’s start by examining the different types of tenancy agreements, as it’s crucial to help you assess what eviction rules apply to you.

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5 Landlord’s certificate obligations when renting out

Summary

Renting out your apartment to tenants is usually an exciting development. But before you start showing the place or signing any leases, there are a few legal obligations you need to be aware of.
The requirements aren’t too complicated, but one of the common mistakes landlords make when renting is failing to obtain the proper documentation, which can result in hefty fines or even legal trouble down the road.

In this article, we’ll walk you through 5 essential landlord’s certificate obligations when renting out so you can start earning rental income without any legal issues. Read on to learn exactly what you need to provide to tenants as a UK landlord.

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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: Squeeze on home buyers’ budgets set to continue into 2024; Housing transactions down 22% year-on-year; Bank of England official hints at interest rate shift as UK faces recession; Sales of 30-year plus mortgages increase 13% in past year; 4 Property investment strategies in 2024; Landlords fear rising costs and rent arrears in 2024; 9 expert predictions on UK house prices, mortgages and renting… Happy reading and… renting!

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How UK landlords can reduce turnover and minimise vacancy

Summary

As an independent landlord in the UK, it’s crucial to understand how to reduce tenant turnover and minimise vacancy.

This comprehensive guide will walk you through the various factors contributing to tenant turnover and how vacancy impacts revenue. It’ll also outline practical solutions and strategies to manage and retain your tenants effectively, ultimately reducing turnover and minimising vacancy periods.

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Category Archives: Rentila

Understanding rent guarantee insurance: Is it worth it for landlords?

Investing in a Buy-to-Let property with family or friends: risks, benefits and expert tips

Navigating rent increases: When and how to raise the rent

How to manage renovations and repairs when purchasing a BTL property

The pros and cons of fractional real estate ownership

How to secure a rental property: guide for landlords

How to evict a tenant in the UK

5 Landlord’s certificate obligations when renting out

Landlord press review: January 2024

How UK landlords can reduce turnover and minimise vacancy

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