A tenancy agreement can be described as the binding contract signed between you and your landlord. It clearly sets out all the legal terms and conditions in regards to your tenancy, and what type it is. For this reason, it might be fixed (spanning through a set period, for instance, six months) or periodic (runs through on weekly basis, or even every month).
Being a new landlord, you must be having a lot of questions on your mind. Don’t worry! It is obvious to have queries regarding your rights and responsibilities towards the property. Just because you have let out your property, it does not mean you do not have any right over it. Don’t fall for misconceptions or myths regarding the right of a landlord to access his property. There are rules that govern the same, and you need to know these regulations. Make sure you get your queries solved before signing the tenancy agreement as standard tenancy agreements state the conditions in which landlord can access the property.
We’ve often heard about tales of tenants and the pertinent issues with landlords. Even if it doesn’t sound pleasant, the reality is true in most cases. However, there are exceptions no doubt and these often occur when the understanding and rapport between tenants and landlords works great; both perform their respective tasks, act in a timely manner and are rather open about what they actually seek from the other. A number of surveys were conducted at several places by researchers about the need fulfillment of landlords or, in other words, what they really seek from the tenancies. This largely differed in terms of the age groups who are given the rental flats or apartments; and hence the categories went something like - professional workers, young independents, small or large families on a tight budget or the elderly couples looking for spaces at their old age.
When you are giving your property to rent, you are trusting a stranger with your property. No matter what you do for a living, owning a property requires a lot of efforts. Property in UK does not come cheap, and the prices have risen over the past years. Whether you are renting out your property that you live in or some other property in your investment portfolio, you will want to have the best tenant. Also, there is some sentimental value attached to the property, so you need to be certain about who is living in it.
For landlords who are considering on how to market their rentals, they are often faced with two major questions, “Do I furnish it or not?” and “Can furnishing my properties increase my rental yields?”. Well, there are no simple answers to these questions, however, we have compiled some of the benefits accrue to you as a property owner, as well as some downsides of furnishing. Read on!
Find out if the reason your home isn’t selling is down to your pets, and prepare yourself to stop this issue before it wastes too much time.
Before you sell your home it’s highly important to get an accurate valuation. Getting its true worth allows you to know the amount to expect from it and the asking price you need to come up with. An accurate valuation of your home before you sell has its benefits.
Are you letting out a property for the first time? Or have you often faced a lot of problems while searching for a rental property? Well, in the current property market, letting out as well as finding a property can be a real challenge. Have several people recommended that you should hire a letting agent but you are not sure about it? Don’t worry! You are not the only property owner with this confusion. If you talk to landlords, you may get contrasting opinion about the need of a letting agent. Few landlords just don’t do their job without a letting agent while others simply don’t hire one. So, instead of believing the opinion of others, you need to analyse your requirement.
If you ask a seller whether they want their property sold quickly, the answer will always be yes. We all dream of having a seamless process for selling a home, but the reality may differ from our expectations. So, when would it be time to take your property off the market for a break?
One of the reasons why people save money is to invest and probably ensure that their retirement is comfortably funded. In this case, finding the right channel for investment returns is vital to foster a fruitful savings strategy.
If you want to sell your house, then you are going to need to make sure that you have as much interest as possible in your property and that you have a lot of viewings lined up.
Before you even think of choosing the right buyer for your home you should have prepared well for viewers and ‘staged’ accordingly. Staging and preparation for such an undertaking doesn’t have to be complicated. Once that’s done you need to choose the right buyer who matches what you’re looking for. Here are a few ideas on how to pick the most ideal purchaser of your home.