Posted in Real estate news.

Landlord press review: March 2023

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 Last updated 27/03/2023
Landlord press review

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 home values lift 51% to record £8.7trn in 2022; Build to rent is UK’s fastest growing housing sector; Mortgage lenders pull and increase headline rates; Rent yields outstrip house price rises; Scottish parliament approves 3% rent cap for private tenants; Landlords to pay extra £1.3bn in tax this year; How To Get A Mortgage For A New-Build Home… Happy reading and… renting!

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Posted in Advise.

Best Ways to Improve the Energy Efficiency of your BTL Property

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 Last updated 06/03/2023
Best Ways to Improve the Energy Efficiency of your BTL Property
Summary
  1. The right property
  2. Draught proofing
  3. Radiator valves
  4. Loft insulation
  5. Double glazing
  6. LED bulbs
  7. Smart meters
  8. Things to remember

The cost-of-living crisis in the UK has partly been driven by substantial energy price increases. And that’s bad news for you as a landlord. You might pay for energy as part of the rental price, which means a hefty increase in your overheads. However, most rentals don’t include energy bills, but if your tenants are struggling to pay their energy bills, you might find they can’t pay you the rent on time or at all.

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Posted in Real estate news.

Landlord press review: February 2023

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Rentila logo
 Last updated 27/02/2023
Landlord press review

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: First-time buyers: UK’s most affordable places to buy a home; UK faces chronic shortage of rental homes, alarming new data shows; House prices stalled at the end of 2022; Rents rise again, with growth in London and Scotland outstripping inflation; We are all facing the prospect of rising mortgage rates; Tips on how to transform an inherited home into a successful rental property; Most London rental homes fail upcoming energy test… Happy reading and… renting!

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Posted in Advise.

Buy-To-Let guide for landlords in 2023

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 Last updated 01/02/2023
Buy-To-Let guide for landlords in 2023
Summary
  1. What is Buy-to-Let?
  2. What are The Benefits of Buy-to-let Property Investment?
  3. How to Get on The Buy-to-let Property Ladder
  4. Buying the Property as a Limited Company
  5. What are The Tax and Fees for Buy-to-let Properties?
  6. So, is Buy-to-let in the UK Still Worth it?
  7. Buy-to-let Guide For Landlords In 2023: Key Points

This buy-to-let guide will explain everything there is to know about this investment type, including what it is, the benefits, and how to get started. If you’re considering joining the many buy-to-let investors in property, you must get a good grasp of what you’re signing up for.

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Posted in Real estate news.

Landlord press review: January 2023

Posted on by
Rentila logo
 Last updated 26/01/2023
Landlord press review

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: Demand for new homes down 50% as property market continues to cool; Growing concern as ‘storm clouds loom over the UK housing market’; Brits untroubled by rising mortgage rates as property transactions rise; Rent freeze to be extended; First-time buyer numbers fall 9% in 2022… Happy reading and… renting!

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Posted in Advise.

Which is more profitable for Landlords: Short or Long Term Renting?

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 Last updated 27/01/2023
Which Is More Profitable for Landlords: Short or Long Term Renting?
Summary
  1. Advantages of Short Term Renting
  2. Advantages of Long Term Renting
  3. Disadvantages of Short Term Letting
  4. Disadvantages of Long Term Letting
  5. Key Points

Investing in property can be financially rewarding. However, it can have its ups and downs, with many decisions to make. Once invested, landlords face the dilemma of whether to rent short-term or long-term. While long-term rentals are in high demand, short-term rentals can be immensely lucrative. To help make that choice, we will discuss which is more profitable for landlords, short or long-term renting.

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Posted in Advise, Rentila.

Common Causes Of Stress For Landlords

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 Last updated 15/12/2022
Common Causes Of Stress For Landlords
Summary
  1. Finding a property
  2. Finding a tenant
  3. Choosing tenants
  4. Knowing your legal responsibilities
  5. Handling maintenance issues
  6. Common causes of stresses for landlords: Things to remember

If you are considering becoming a landlord because you think it will be a stress-free experience as you sit back and collect rental income, then think again.

Being a landlord can be just as stressful as a 9-5 job. Sure there’s no boss to order you about being a landlord. Still, similarly, a day job doesn’t involve putting down a serious amount of your income and being responsible for monthly mortgage payments for years.

This blog covers what causes landlords the biggest headaches and a few tips to help.

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Posted in Rentila.

What Do Tenants Look For When Renting

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 Last updated 01/11/2022
What Do Tenants Look For When Renting
Summary
  1. Location and transport links
  2. Security
  3. Open plan space
  4. Outdoor space
  5. Fitted appliances
  6. Good condition
  7. Pet friendly
  8. Things to remember: What do tenants look for when renting

As a landlord (possibly with a few properties), you may know what you like and think you know what your tenants want. But at Rentila, we have our finger on the pulse of what tenants are looking for in a rental property. So read on to ensure you keep up with current rental market trends.

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Posted in Advise.

Top 10 Questions To Ask When Buying A Property

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 Last updated 01/11/2022
Top 10 Questions To Ask When Buying A Property
Summary
  1. Why is the owner selling?
  2. How long has the property been on the market?
  3. Has the property changed hands recently?
  4. What is the minimum price the seller will accept?
  5. Have the seller’s found a new home?
  6. What is the local area like, and are there any plans that could affect the property?
  7. Do you have noisy neighbours?
  8. How old are the boiler, roof, drains and gutterings?
  9. What is included in the property?
  10. Can they explain the energy performance certificate?
  11. Things to remember: Top 10 questions to ask when buying a property

When buying a property, you are making a significant investment that could make or break your buy-to-let business. For that reason, when viewing a property, it’s time to put aside that British habit of saying nothing for fear of being nosey or impolite.>

You need to know everything you possibly can. Sellers will be expecting a few possible questions they would prefer not to answer — so don’t be afraid. However, why not direct your questions to the estate agent if you prefer? They can help you get the information you need and perhaps even help you bag a sale at the right price for you.

Read on and bite the bullet with our all-important questions that all buyers should ask.

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Posted in Advise.

Popular Misconceptions About Becoming A Property Investor – Debunked

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 Last updated 01/09/2022
Popular Misconceptions About Becoming A Property Investor
Summary
  1. You need lots of money to invest
  2. Capital growth is most important
  3. Property damage could ruin me
  4. I’m at risk of repossession
  5. Being a property investor is easy
  6. Being a property investor is a great way to build wealth
  7. Property investing brings freedom
  8. Investing in the current climate is risky
  9. Increasing mortgage rates will add costs
  10. It’s hard to sell a property and exit the market
  11. Things to remember

Becoming a real investor is a dream of plenty of people. So many of us hope to have money to invest in property while reaping a second income and potentially having assets to leave as an inheritance for loved ones. However, a heap of popular misconceptions stops countless people from making their dreams a reality. So with that in mind, this quick read aims to uncover the myths from the truth and could be the kick starter for you to become a property investor. Let’s dig in.

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