urbansalesandlettings

Author Archives

Author: urbansalesandlettings

Top Tips for Minimising Void Periods

24 July, 20130 Comments
Void periods can be a landlord’s worst nightmare, most landlords rely on the income a property generates to pay its mortgage and whilst the property is empty as the owner you will also be liable for council tax and any bills that the property incurs. At present the average void period in the UK is
Read more

Storage Solutions for Accidental Landlords

25 June, 20130 Comments
Since the recession the number of accidental landlords has risen drastically. According to Rightmove, accidental landlords now represent 30% of all private landlords in the UK. An accidental landlord is a person who has been obliged to let out their property or a single room within their property for financial reasons, this can include renting
Read more

Squatters – What are they and how to avoid

28 May, 20130 Comments
What is a squatter? A squatter is a person who settles in or occupies a property with no legal claim, right or lease. What course of action can you take as a property owner should you find you have someone living in your property without your permission? This article explores the reasons for squatting and
Read more

Current Rental Market Feb 2013

22 April, 20132 Comments
Over the past several years the UK’s housing market has seen a gradual shift from a nation of homeowners to a nation of renters. The previous year has seen significant growth in the rental sector as more investors begin to move into the property sector, with rental prices rising across the country. According to the
Read more

Gas Safety – Landlords duty of care

25 March, 20130 Comments
When renting out property, landlords must be aware that there exists certain legislation which applies to them regarding the safety of their property. One of the most important pieces of legislation that landlords should be aware of is the Gas Safety (installation and Uses) Regulations 1998 which sets out a landlord’s duties in regards to
Read more

Top 10 things to look for when instructing an online agent

04 March, 20132 Comments
With the advent of online property portals such as Rightmove, the UK has seen the emergence of a new form of estate agency – the online estate agents. Growth of this new form of estate agency has been dramatic over the last decade, primarily due to the significant financial savings for vendors and landlords. But
Read more

Houses in Multiple Occupation

22 January, 20132 Comments
House in multiple occupation (HMO) is a term used to describe accommodation in which part of the property is shared by multiple, unrelated households. These are becoming increasingly popular with investors and residential landlords as the yields on HMOs can be significantly higher than for other properties. However, owning and running an HMO does work
Read more