If you're a landlord who arranged your first Electrical Installation Condition Report (EICR) back in 2020, it's time to check your calendar-your five-year renewal is likely due. Failing to renew could lead to hefty fines and put your tenants at risk. This guide breaks down what you need to know, how to stay compliant, and why acting early can save you stress and money.
A short lease can knock thousands off your property's value or scare off potential buyers. The good news? Extending your lease just got simpler under new 2024 legislation. Whether you're selling or letting, this guide explains how to take control and boost your property's appeal – without hiring a traditional agent.
For landlords using Emoov's self-marketing platform, the flexibility and control of managing your own rental property come with a significant responsibility: full legal compliance. Without a letting agent to assist, you must ensure your property meets all regulatory requirements. Failing to do so can result in substantial fines or even legal action. This guide covers the key areas of landlord compliance, equipping you with the knowledge to avoid costly mistakes and maintain a legally sound rental property.
Void periods - or intervals when a rental property remains unoccupied - pose a significant challenge for landlords, leading to lost income and increased expenses. For landlords utilising platforms like Emoov for self-marketing, proactively addressing potential vacancies is crucial to maintaining a steady rental income. Here are key strategies to help minimise void periods:
Finding the right tenant is one of the most important steps in ensuring a smooth tenancy. A thorough tenant check not only protects landlords from potential financial and legal issues but also helps tenants present themselves as reliable and responsible renters. Below, we provide a detailed, step-by-step guide for both tenants and landlords on what these questions mean, why they matter, and how to conduct thorough checks.
When selling or letting a property in England, it's essential to provide comprehensive and accurate information in your property listings to comply with the National Trading Standards' (NTS) requirements. This ensures transparency, helps potential buyers or tenants make informed decisions, and aligns with legal obligations under the Consumer Protection from Unfair Trading Regulations 2008 (CPRs).
Environmental awareness is on the rise, not just for tenants but as a priority for landlords too. There's a definitive shift in the features that tenants are looking for in a rental property, and by adding those features into your own rental, you can boost your rental yields and attract higher quality tenants.
When it comes to your home, having a presentable and stylish bathroom ranks highly if you're wanting to create a great first impression. If you're preparing to sell in the new year or improving your property for rental, a well-designed bathroom can boost both the value and overall desirability of your home.
As homeowners in the UK face the double-edged sword of climate change and increased energy costs, the need for sustainable heating options has never been more pressing. Traditional heating systems, while effective to an extent, often come with a hefty environmental price tag and increasing operational costs. But there are alternatives we can look to, to reduce our carbon footprint, benefit from potential cost savings and even boost the value of our homes on the property market.
As the leaves begin to turn and temperatures start to drop, property owners and landlords need to shift their focus towards preparing for the colder months ahead. From the roof down to the foundation, every aspect of your home needs attention to ensure it can withstand the harsh weather conditions that lie ahead.
Summer is a time when our homes look their best, with the longer days filling the rooms with natural light and gardens looking lush and colourful. It's also the perfect time of year to update the interiors with a splash more colour and brighten up your living spaces. Whether you just want to freshen up your home or you're hoping to increase rental revenue as an investor, here's some inspiration for ways you can adopt summer décor trends in your own property.
Buying a rental is a big investment, and a long-term one at that, but they can quickly turn into money pits if you're not careful to carry out due diligence. When you're viewing a potential buy-to-let, there are certain blind spots that you might otherwise overlook that could turn out to be financial drains. In this blog, we'll go through a few of the areas you should check carefully before signing on the dotted line, to make sure you're getting the best price without future expenses.
The UK's rental sector has seen rapid growth in recent years, fuelled by the difficulty for many in accessing mortgages and the increase in cost of living. But while the expansion of this portion of the property market is great news in terms of providing more choice for tenants, it also increases demand for clear communication and understanding best practices for landlords.
Over time, a rental property is bound to experience some wear and tear. One of the most common areas to look worn first, understandably, is the floors. So, when you want to repair or replace the flooring in your rental, it pays to do your research to ensure you have floors that will last. With this in mind, we've put together a few options for durable, high-quality floors that look great, will provide a better return on investment and boost your rental revenue.
Lease extensions are crucial to securing long-term value and stability in a property investment. But understanding the implications of lease extensions and the process behind securing them is vital. Just as you would undertake professional expertise for property surveys, working with specialised solicitors for lease extensions is a key component for a successful, smooth process. In this guide, we'll take a look at the benefits of lease extensions for landlords, what you need to consider before embarking on an extension and the challenges you may face.
Small kitchens are a common feature of rental properties, but they present a unique set of design challenges. From a lack of storage to dimmed light, a smaller kitchen can be off-putting to potential property investors or tenants.
In the competitive landscape of rental properties, standing out from the crowd is essential to attract tenants and maximise rental revenue. Beyond location and price, unique selling points (USPs) play a crucial role in capturing the attention of prospective renters and setting a property apart in the market. From smart home features to luxurious amenities and exterior additions, property owners are increasingly leveraging distinct additions to enhance their rental offerings.
As a landlord, you want your rental property to be visually appealing to attract tenants, but you likely don't have time for high-maintenance landscaping. Tenants may neglect ornate gardens you've installed, and you don't want to waste money on plants that won't last. The solution is to focus on low-maintenance landscaping that looks tidy and welcoming, while requiring minimal upkeep.
Our furry friends can be tough on floors, from scratches caused by claws to stains from muddy paws and shedding fur collecting everywhere. Pets pose some unique challenges when it comes to choosing the right floors. Whether you're a homeowner looking to reduce repair costs in the future or a landlord creating a durable space for tenants with pets, here are a few tips on how to choose the right flooring for a pet-friendly space.
Finding the perfect property to rent has become increasingly difficult. Not only is there high demand and a limited supply of homes, but private rents have increased to their highest point on record. Tenants need to move quickly to secure a home that's right for them and that's within their budget. This sense of urgency has put scammers on high alert as they look to pressure people into sending them money and personal information to secure a property that may not even exist. Read on to find out how to protect yourself from rental scams.
With climate change and rising energy costs increasingly affecting property owners and tenants, installing renewable energy systems at residential properties is becoming an appealing option to help mitigate these issues.
The UK's rising inflation and high energy bills have left homeowners feeling under pressure to manage the day-to-day running costs of their homes and the fuel-hungry appliances inside them.
Tired of the hassles that comes with managing your portfolio? We understand these struggles all to well and offer a professional property management service across the entire UK, to remove the day to day hassles incurred by private landlords.
Successful property investment isn't something that happens overnight. It requires a great deal of trial and error to find your feet with an investment strategy, a lot of which comes from due diligence at the start of the process. In this article, we will look at what landlords need to consider when investing in new areas.