[ad_1] The tenancy agreement sets out the terms and conditions of a let, importantly, the rights and responsibilities of landlords and tenants. In England and Wales, the standard agreement is an Assured Shorthold Tenancy (AST), which is what we’re looking at here. In Scotland, it’s a Private Residential Tenancy – more information on this can…
[ad_1] According to research, as many as one in four landlords might not have the right insurance for their rental property. And for those who have mistakenly taken out standard home insurance, rather than specialist landlord insurance, it could have serious financial implications. Having tenants living in a property is considered higher risk than a…
[ad_1] If you’re letting to students, the first thing to understand is that they’re considered higher risk than most other types of tenants. That means, whether you’re letting to one or five students, you must inform your lender and insurance provider and are likely to need a licence. Although the number of products available…
[ad_1] Renting a property can be an excellent option when it comes to both flexibility and cost, especially for younger people who are saving up to buy a new home or a stop gap if you have sold your property and haven’t found your new dream home. As with anything in life, there are certain…
[ad_1] Whether you are a first time buyer or a family looking to move up the property ladder, we feature our top six properties with fabulous swimming pools or hot tubs to suit every budget and just perfect for splashing about in! 1. A swim spa style hot tub – yes please! There is not only…
[ad_1] You can only ask a Tenant to pay the “permitted payments” (not fees) as outlined in our permitted payments article. Private Landlords from the 1 June 2019 will be responsible for all the costs associated with setting up, renewing or ending a tenancy (i.e. referencing individuals, administration, inventory, renewal and check out fees). Any breach…
[ad_1] From 1 June 2019, when a Tenant enters into a tenancy agreement, student let or licence to occupy housing in the private sector, a Landlord or agent cannot charge you any fees or payments other than is listed here. Therefore the good news for tenants is that from 1 June 2019 it will cost…
[ad_1] What permitted payments can be charged? A refundable tenancy deposit – capped at no more than five weeks rent if your annual rent is less than £50,000 or six weeks if your annual rent is above £50,000 A refundable holding deposit – capped at no more than one weeks rent Payments to change the…
[ad_1] As of the 1 June 2019 a ban charging fees to Tenants is expected to have a significant impact on the industry including Landlords. The only fees that can be charged to Tenants will now be classed as ‘permitted payments’, and these are restricted to deposits, certain changes to the tenancy agreement (at the…
[ad_1] Prices: England and Wales Data for February shows Wales as the stand-out performer, with prices up 3% year-on-year, versus a drop of 0.5% for England and Wales as a whole. Although prices have grown for the third month in a row, sales transaction levels remain lower than usual for this time of year. The…
