Lettings – Page 5 – Nest in Essex

Lettings

Should You Raise the Rent in 2025?

Getting the rent right is a must for all landlords. Here we'll look at how to assess if the time is right to raise the rent on your investment property. So let's deal with the question: Should you raise your rent in 2025? We believe all landlords should review the rent they charge every year. And, if appropriate, increase it. (But there is a 'but' – see later.) Here's why. Your landlord...

Letting Yields: What Landlords Need to Know

Letting yields are the lifeblood of successful property investing. Here we’ll look at why it’s so important to understand yields. What is meant by letting yield? Yield is a simple way of calculating the financial return you can make on a buy-to-let. Knowing what yield a property offers can help you decide if it’s a good investment (or not). It allows you to compare different properties...

FAO: Landlords: How to Manage Tenant Energy Bills

With household heating costs still a key concern, here are some tips for landlords on managing tenant energy bills. Let’s start this article with some timeless wisdom: “A penny saved is a penny earned.” Taking inflation into account, those pennies have become pounds. As we move into 2025, energy expenses and efficiency remain pressing concerns for landlords and tenants alike. While...

How Landlords Can Get the Best Out of Joint Tenancies

It’s easy to understand why joint tenancies are so popular with renters in the UK. Sharing a tenancy with a friend, partner or family member means you can split the bills and divide up the chores. And it’s nice (most of the time, at least) to come home to a familiar, friendly face. However, joint tenancies rely on mutual trust and good communication to be successful. This requires tenants to...

Should You Sell Your Rental in 2025?

The last few years have been challenging for some landlords. But don’t rush into a decision about the future of your buy-to-let until you’ve read this. It’s fair to say that developments in recent years have made things more complicated for some landlords. The restriction on mortgage interest tax relief and the upcoming Renters’ Rights Bill have prompted some investors to question staying in...

Why Landlords Love ‘Rent Ready’ Tenants and How to Be One of Them

Tenants can stand out in the competitive lettings market by being ‘rent ready’ before looking for a new place to live. With an average of 21 people vying for each rental that comes on the market*, competition in the sector is fierce. So, how can tenants avoid the frustration and disappointment of missing out on a great property? The answer is to be ‘rent ready’. What is rent...

Follow this Landlord Pre-Christmas Checklist and Have a Happy Holiday

Want to enjoy a safe and stress-free Christmas without an emergency call from your tenants? Then, run through this helpful checklist. Christmas is just a few weeks away, but don't put your feet up yet if you're a landlord. While emergencies are rare at a rental property, they can crop up occasionally – even on Christmas Day. A pipe could burst, the back fence could blow over, or some other...

Landlord Tax Return Deadline Approaching – Act Now

If you’re a landlord, the deadline for filing your 2023-2024 income tax return is fast approaching. Here are some important things you need to know. When to file your tax return Self-employed landlords need to file their tax return (and pay any tax owed) each year using the self assessment system. For the 2023-2024 financial year, this must be done by 31 January 2025 (unless HMRC has notified you...

Mould: New Statistics Show This Age-Old Problem Isn’t Going Away

Despite greater awareness and tougher legislative measures, mould can still be a significant issue for landlords and tenants. A new survey has found that 43% of tenants have experienced problems with mould and damp in their rental*. And cases appear to be becoming more – not less – prevalent. Experts attribute this to changing weather patterns (sadly, we’re getting more rain than ever in...

Budget 2024: A Round-Up for Landlords

Now the dust has settled on the Budget, let’s look at what it might mean for landlords and buy-to-let investors. The overall themes behind the Budget, according to Chancellor Rachel Reeves, were economic stability and growth, investment and putting more money in our pockets. But there were also £40bn of tax rises to fill the infamous £22bn black hole Labour says it’s inherited. The key changes...

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