Landlords

How London Landlords Can Build a Good Relationship with Their Letting Agents

If you’re a landlord looking to save time and money (and let’s face it, who isn’t?), a good letting agent can be a game-changer. They’ll manage your rental property day to day (so you’re free to focus on your other responsibilities), regularly check in with your tenants (to ensure there are no issues) and remind you of your legal obligations. A top letting agent can also look ahead and,...

Making Tax Digital: A Timeline for London Landlords on the Upcoming Changes

Did you know that HMRC plans to introduce new rules on how landlords file their tax returns? Here’s an update on what these changes involve and a timeline for when they’ll come into force. Making Tax Digital (MTD) is an initiative designed to streamline the tax system by fully digitising it. As MTD has been mooted for quite some time and its implementation delayed twice already, you may have...

Managing and Reducing Void Periods in London

Owning a rental property isn’t just about what happens while tenants are in place; effectively managing periods when your property is unoccupied is equally important. Every landlord faces void periods as a natural part of property letting, making it essential to prepare financially and strategically to manage its impact. Void periods mean not only the loss of rental income but also the burden of...

Ten Ways to Protect Your London Rental from This Common Cause of Property Damage

What’s the most common reason for landlords finding themselves in hot water and needing to make an insurance claim? The answer, according to one insurance company* at least, is ‘escape of water’. This term covers everything from burst pipes and defective washing machines to leaky loos and dripping taps. In a recent report, the firm revealed that 35.5% of all claims paid to landlords were...

Inheriting a Rental Property: Options and Responsibilities Explained

If you’ve just inherited a rental property, then you may be wondering what your options are. While you won’t need to make any decisions on the spot (it usually takes many months to settle an estate), it’s good to start thinking about the issues you’ll have to address in time. The first is what you intend to do with the property. Assuming you don’t want to move in yourself, your options are...

How London Landlords Can Maximise Their Rental Investments

There are five fundamentals to consider when thinking of buying a rental property. Whether you’re a seasoned investor or taking your first step into the rental property market, make sure you understand what makes a place a good investment. Here are five points to consider carefully: Location, location, location  The age-old mantra is as relevant as ever. A property’s location can...

What the Spring Budget Means for London Home Owners & Seekers

The Chancellor Jeremy Hunt announced his Spring Budget for the UK this week. It featured cuts to National Insurance, tinkering with capital gains, increases to child benefit thresholds and ISA changes. But what about property-related finances? Well, the truth is, there’s not very much to update. But here goes. The chancellor announced that capital gains tax will be reduced from 28% to 24%....

London Landlord’s Five-Step Inspection Checklist

Maintaining a rental property in isn’t just about collecting rent; it’s about safeguarding your investment and keeping your tenants happy and safe. That’s why regular property inspections are so crucial. They help you spot potential issues before they become costly repairs and ensure your property remains a place people are proud to call their home. Here’s the lowdown on the five key...

Renovation Tips for London Landlords

Planning to renovate your rental? There’s one thing you should know before you start pulling up carpets or ripping out cabinets. It will help you avoid a costly and avoidable mistake that many landlords make, and it’s this. Don’t let your emotions cloud your decision-making. It sounds simple, but you’d be surprised how many landlords lose sight of the fact that they’re supposed to be...

FAO London Landlords: The Five Mistakes You Can’t Afford to Make

Being a landlord is rewarding, but it comes with its own set of challenges and responsibilities. Over the years, we’ve seen and helped solve most of the mistakes landlords can make. To help you navigate this complex terrain, here are the five most common mistakes we’ve encountered and how to avoid them, ensuring a more profitable and stress-free experience. Neglecting property...

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