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The changes the government is planning to make to lett...

The Queen’s speech this week made it clear that letting agent’s fees were to be banned. At least, this was proposed by the Conservative government in last year’s autumn budget, and became a manifesto pledge for Theresa May in the general election this year. It’s possible that the ban could come sooner than is predicted. But what does that mean for landlords? The ban …

Blog Jul 23, 2017 0 Continue Reading

Letting your house for the first time? Our top tips

Letting out your home for the first time is an exciting prospect – but there are some industry tips every first-time landlord should know. What do you do first? How do you deal with furniture? What legal obligations need to be met? It can be complicated, and so we’ve compiled our top tips for you budding first time landlords. Decide on the furnishings One …

Blog Jul 13, 2017 0 Continue Reading

How to keep hold of good tenants

Two challenges that most landlords face come in the form of questions. Firstly: “how do I find good tenants?” and once that’s been accomplished, secondly: “how do I keep the good tenants?” There’s more than one way to hold on to good tenants that are renting with you, and the value of a good tenant shouldn’t be overlooked. Decide what a ‘good tenant’ is …

Blog Jul 03, 2017 0 Continue Reading

Understanding terminology: What does a property’s “yie...

“Yield” is possibly the most important word you’ll hear when investing in a buy-to-let and beginning your time as a landlord. But what does it mean? And what should you know before you choose an investment property? Think of Yield as your return on investment It’s easy to get lost in property market jargon, but “yield” is a fairly important but easy term to …

What the annual English housing survey tells us about ...

What is the English Housing Survey? The English housing survey is a paper released every year by the UK Government (more specifically, the Department for Communities and Local Government) and is the best way to understand what has happened to the housing market in the last year, and how it will change in months to come. Data is collected about people’s housing circumstances. This …

Will the June General Election provide any hope for re...

The UK general election cycle has come to an abrupt re-start, and the controversial topic of the UK housing market – and the renters within – shouldn’t be ignored. Here are some of the key issues to look out for in the upcoming election: Stability and security for tenants A major problem facing tenants in the UK is the lack of security when it …

Blog May 08, 2017 0 Continue Reading

How to get your rental property ready for tenants

As you make the step from homeowner to landlord, there are some vital steps you should take to be able to make sure your rental property is perfect for your new tenants to move into. Let’s take a look at the ins and outs of preparing your property. Maximise the property’s assets Recognise what kind of tenant is going to be living in your …

The current glut of rental properties on the market in...

An oversupply of properties for rent in the UK has meant that the average monthly rent for newly-let properties has fallen for the first time since 2010. As the Buy-to-Let rules changed last year, landlords have been selling properties and putting tenants in tricky situations. How can you avoid having to sell your property when competition is fierce, government rules change or the economy …

How to manage tenants and getting help from a lettings...

For a lot of Buy-to-Let home owners, actually deciding to buy a house is the hardest decision they think they have to make. Making sure any renovation work is within budget, keeping up to code with the safety fittings and furnishings in the property. But what about the once you agree a tenancy? Be open and communicative Managing tenants is a two-way street. The …

Blog Mar 16, 2017 0 Continue Reading

The things you need to consider when letting your prop...

Letting your property can be a headache if rushed, but if done properly, can mean great financial rewards for you in the future. There are a few things everyone should consider before letting out their property, and at iLet we’re pointing out what you need to think about – and do – before you begin. First impressions count Just like buying a house, you’ll …

Blog Feb 10, 2017 0 Continue Reading

Owning An Active Rental Property Has Some Major Advant...

Owning a rental property is one thing, but keeping it actively rented is another. Once you decide to invest in a property and become a landlord, there are responsibilities that you should take care of. One of which is keeping your properties active.   By active, it means that the property should not not be kept vacant for a long time. Once a tenant …

Renting Continues To Be Popular Among Families

Renting has become an option to most families. Not only because it is more achievable than buying, but it can also be a great lifestyle choice.   According to reports, families are the most common tenant type renting across the country, as of July 2016. It turns out that recession and high housing costs have led couples and families to have a different and …