Property Management

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...

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...

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...

Renters Reform Bill: An Update for London Landlords

After years in the making, it looks like the Renters Reform Bill – the biggest shake-up of the private rental sector in decades – will become a reality in 2024. So, how much do you know about this wide-reaching set of proposals, and are you ready for them? Be prepared Perhaps you’ve read a few articles about the bill but have put off getting to grips with the details (after all, politicians put...

The Telltale Signs Your London Property Is Being Illegally Sublet

Did you know that one in ten tenants admit to illegally subletting their rental property*? The practice is even more common among young people; in a recent survey, 25% of tenants aged 18 to 24 confessed to secretly subletting all or part of their rental. So why should landlords be concerned about illegal subletting? After all, if the rent still gets paid on time, what’s the problem? Here are a few...

Is Your London Rental On Trend? How the Lettings Market Stacks Up Today

Whether you’re a first-time investor or an experienced landlord looking to expand your portfolio, it pays to know what tenants want. Understanding current trends in the market will help you fine-tune your rental marketing strategy and ensure that any improvement work you undertake proves to be of good value. So, what are tenants looking for in 2024? Let’s take a look. Affordability Given...

Six Steps to Combat Condensation – A Must-Read for London Landlords

As a landlord, maintaining your property in top condition is paramount.   It’s your investment and your tenant’s home.  At this time of year, condensation can be an issue. And it can cause mould in your property if ignored.  The good news is we’re sharing six steps you can take to prevent these problems before they become an issue.   Quick fixes  Ensure adequate ventilation: One...

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