Rentila

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 housing market offers room for growth as demand improves; House prices will fall 2% this year – OBR; Mortgage rate rises branded ‘March madness’ by brokers as banks hike home loan costs; First-time buyers turning to 35-year mortgages amid higher interest rates; Rent expected to surge by 16% in UK property market; Short-term lets to require planning permission under new proposals… Happy reading and… renting!

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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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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 property market is a buyer’s market in 2024; Rental market set to expand by 1M households by 2031; Sunak considers radical plan for 99% mortgages to help first-time buyers; Survey reveals what UK renters want from their homes; Dozens of landlord repossession claims threaten renters; Average time to sell a home in London ‘was twice that in Scotland in 2023’… Happy reading and… renting!

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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 to set the right rent price for your BTL

Summary

You want to make sure you’re charging the right rent for your buy-to-let (BTL) property. Set it too high, and your property may sit empty for months. Set it too low, and you’re leaving money on the table that could help pay off your mortgage.

Before we show you how to set the right rent price for your BTL, let’s consider the factors that determine rent price.

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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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5 things landlords are not allowed to do while renting

Summary

Are you a property owner who’s recently decided to rent out your space?

That’s great, but you must be prepared for the responsibilities that come with being a landlord. One of the mistakes landlords make when renting is not educating themselves on tenancy regulations.

As much as you’d like to, there are certain things you just can’t do as a landlord. We’ve compiled a handy list of 5 things landlords are not allowed to do while renting their property.

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Most common landlord claims in a Buy-to-Let property

Summary

As landlords in the UK, there’s more to owning rental property than just collecting the monthly rent payments. Countless things can go wrong, from leaky roofs to broken boilers and tenant damages.

That’s why buy-to-let insurance is so important — it helps protect your investment and ensures you’re covered financially if something unexpected happens.

That said, what are the most common landlord claims in a buy-to-let property?

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The 5 Major Types of Real Estate Investors

Summary

When it comes to real estate investing, you have so many options. Maybe you want the thrill of flipping houses for a profit. Or perhaps you’re more interested in the long game of buy-and-hold rental property investing. Either way, choosing the right investment strategy for your needs and risk tolerance is critical.

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Landlord press review: March 2024

How to evict a tenant in the UK

Landlord press review: February 2024

5 Landlord’s certificate obligations when renting out

Landlord press review: January 2024

How to set the right rent price for your BTL

How UK landlords can reduce turnover and minimise vacancy

5 things landlords are not allowed to do while renting

Most common landlord claims in a Buy-to-Let property

The 5 Major Types of Real Estate Investors

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