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Category Archives: Information

Right to Rent

When you are renting you may feel confused about what your letting agents and landlords are charging you for. Let’s have a look at the legals – make sure you understand them and that you know where to go if you think your landlord is breaching these regulations. “As of 27th May 2015, letting agents must publish full details of their fees and charges …

Leasehold vs Freehold

Leasehold or Freehold? What do they mean and why does it matter? The vast majority of properties out there are either freehold or leasehold. There are also properties where the owner has a share of the freehold. Freehold In this situation, the Freeholder owns the property outright. This will include the land it is built on (including its garden). Houses are generally freehold properties. …

Invest in a House or a Flat

What a question! Everyone will have his or her own theory on this and the ‘right’ answer will only be the ‘right’ answer for them and their situation. Whatever your decision, there is money to be made. Let’s have a look: When starting to consider an investment project, you need to think about: > How long am I looking to invest for? > What …

Modern interior for your rental property

Modern interior is in high demand When potential tenants are looking for a property, modern interior is in high demand. Does this mean that to rent your property you need to rush out and spend tens of thousands of pounds on renovation? Absolutely not! Here are a few tips on how you give your property a modern facelift and really help to maximise the …

Top 5 things to look for when choosing a lettings agen...

Top 5 things to look for when choosing a lettings agent Member of a professional body When you are placing one of your most valuable assets in someone else’s hands, you need to make sure that they are experienced and you are covered if they do something wrong. The professional bodies that support the National Approved Letting Scheme are: The Association of Residential Letting …

New rules with Legionnaires Disease for Landlords

New legislation that all properties that have water tanks will need a legionnaires disease certificate. There is now an additional duty that falls on landlords letting agents. This is to carry out assessments for legionnaire’s disease and take action when necessary. The Health and Safety Executive has released a revised Approved Code of Practice: Legionaires’ disease: The control of legionella bacteria in water systems. …

The Lowdown on Energy Performance Certificates

The Lowdown on EPCs Energy Performance Certificates (EPCs) are needed whenever a property is built, sold or rented. EPCs must be arranged for potential purchasers and tenants before your property is marketing for sale or rental. In Scotland, the EPC must be displayed somewhere in the property. Good places would include in the meter cupboard or next to the boiler. An EPC contains: Information …

Idiots Guide to Tenancy Deposit Schemes

Tenancy Deposit Common practice when you rent a property is to leave a tenancy deposit. There are government-backed schemes, called Tenancy Deposit Schemes, that your landlord must put your deposit in if you began renting an assured shorthold tenancy after 6th April 2007, then in England and Wales your deposit can be registered with: ·      Deposit Protection Service (Custodial and Insured) ·      MyDeposits ·      …

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