November 2012

Are Your Rental Yields Working

When calculating your current rental yield, ensure you take todays property value not the value when you aquired the property. This way you will always be comparing like for like on new investments. To calculate your net yield, reduce your proposed rental by the amount of your outgoings first. Now you can really compare how your property is performing. Here's an example on how to calculate net yield. Rent...

Court Imposes Maximum Penalty For Omission Of Prescribed Information

This week a residential landlord who failed to produce the prescribed information to the tenant under the Tenant Deposit Scheme has received the maximum penalty from The Court of Appeal Although the landlord produced "most" of the materials and the omission was described as "minor" the case, which was initially dismissed by a judge, The Court of Appeals overturned the decision and awarded the full penalty...

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