Older tenants are a growing force in the private rental sector, so is it time for savvy landlords to proactively target this demographic? It’s one of the most striking trends in the housing sector over the past decade. Between 2011 and 2021, the number of tenants aged between 45 and 64 skyrocketed by 70%, while those over 65 jumped by 38%.* A third of renters are now over 45. And due to high...
March 2023
It’s every seller’s worst nightmare. You’re on the cusp of finalising the sale of your property when your buyer gets cold feet and runs for the hills. Just like that, your plans go out the window. If you’re part of a chain, the whole deal could collapse, meaning you need to find a new buyer for your property and a new place to buy. And it’s even more frustrating if you had several offers...
There has been a shocking development set to shake the property industry to its foundations, it has been revealed that some estate agents in the UK are secretly using advanced AI technology to read the minds of potential home buyers. The AI technology is said to be so advanced it can predict what a person wants from a home with startling accuracy. According to a leaked document from the Ethical...
Remember lockdown when we had nothing to do? Gardening became a fun pastime, and having outside space was a luxury. Well, now that the spring sunshine is back and you don’t need to wear four layers to keep warm, it’s time to make gardening cool again. Bask in those rays (however weak they may be) and get your hands dirty. Dust off that spade and get the broom ready. In this quick read, we...
Many people are under the assumption that being a landlord is an easy ride. Get your tenants in, collect the monthly rent and that’s it, you’re laughing. It sounds like a dream… Unfortunately, it’s far from the truth, as most experienced landlords and agents will tell you. Unless you’re lucky enough to have long-term tenants, every time a new lot of renters move in, there are lots of...
If your dreams of a speedy property sale have hit the skids, it’s time to change strategies. Read on to discover the best way to get your sale back on track. No one likes admitting they’ve got something wrong. But if your home has been on the market for some time and interest has gone cold, it’s time to reassess the situation. Before you can determine your next move, you need to identify...
As a tenant living in a rental property, you need to be aware of your rights. Fortunately, due to recent reforms in legislation, you’re now more protected than ever when it comes to matters of eviction and deposits. But what if your landlord tells you they’re planning to sell the property where you live? First things first, don’t panic. If you’ve signed a tenancy agreement, your landlord...
Spring officially starts next week, and with it comes a host of joys: longer days, trees in bud and flowers in bloom. And if you’re selling a property, there’s something else to celebrate – a spike in buyers looking to make their next move. Traditionally, spring is the busiest season for property sales (pre-pandemic data shows that properties listed in March sell the fastest*). While...
What’s the business case for renovating or expanding a rental property? This week’s lettings article discusses the benefits of overhauling a buy-to-let. “If it ain’t broke, don’t fix it.” That’s the view some landlords take on the question of renovating a buy-to-let. They do the absolute minimum in terms of maintenance and repairs and only manage to meet their legal...
Over the last 12 months, it’s been reported that many landlords have decided enough is enough and are exiting the buy-to-let game in their droves. And whilst these headlines may or may not be accurate, one thing is for sure, selling a buy-to-let property is very different to selling a residential property. So, if you’re a landlord considering selling a rental property, what do you need to...