The Right People

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Despite the fact that many people regard letting agents as more or less the same, there are in fact numerous selection criteria on which to judge the good from the bad, and the remarkable from the mildly indifferent. For example, there are many services and innovations which can make a difference to how effectively your […]

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Viewing Time

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Most landlords will recognise the tremendous importance of ensuring that as many prospective tenants as possible see their property. After all, more viewings means more tenant competition thereby maximising your chances of securing the highest rental the market will pay.   However, whilst one always has to be fair, there is a lot to be […]

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Getting Rentals Right

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Just as anyone can open up an estate agency, so they can also start up a lettings business, without any training, experience or qualifications. This should concern landlords, because there is far more to the business than meets the eye. In some ways, finding a tenant is the easy bit!   The issues arise over […]

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February Market Comment

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Winter may not be behind us yet, but, as far as the property market is concerned, spring is definitely in the air! The latest figures from Rightmove suggest a cautiously positive market. Of the relatively modest 1.5% annual increase in the price of new-to-market properties on the portal, 0.8% of this occurred last month! This […]

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Finding The Energy

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From 1st April, all new rental leases and renewals of tenancies will be required to have an energy performance rating of at least E on an Energy Performance Certificate (EPC). For existing tenancies, the regulations come into force on 1st April 2020. We wondered how much tenants are prepared to pay for energy efficiency. Properties […]

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How to Keep Your Tenant (Part 2)

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In this second part of our two-part series on how to keep maximise your rental yield by ensuring that your tenants stay – thereby avoiding any possible void periods or additional expense in seeking a new tenant.   One of the main reasons why people move out is because they just don’t feel they belong. […]

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How to Keep Your Tenant (Part 1)

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A buy to let investment should ideally deliver impressive returns with minimal stress and these two objectives are most readily maximised when your property is occupied by a reliable long term tenant. Too many letting agents simply sign up the first tenant who comes along, with little consideration for the long term implications of accepting […]

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Our latest delve into our new source of rental data reveals more insight into the profile of tenants across the country. Specifically, we have looked at the proportion of income that tenants spend on their rent.   This approach results in lower proportions than are often quoted – always remembering that if a household member […]

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RENTERS TEND TO MOVE OVER SHORT DISTANCES

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Finding data on the profile of tenants and actual rents paid (not just asking rents) has been like hunting for the Holy Grail in the property world. For instance, we have been surprised by the short distances tenants generally move for a rental property. Over a quarter of tenants in England and Wales starting new […]

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