Lettings – Page 6 – Nest in Essex

Lettings

How the Best Landlords Do the Basics Brilliantly

Have you ever wondered how some landlords seem to run successful portfolios and others don’t seem to crack the rental property puzzle? In our experience, we’ve seen what the best do that the rest don’t. And the answer is surprisingly simple; they do the basics brilliantly. The best landlords have weathered many storms over the years, from interest rate rises and market turmoil to regulatory...

The Renters’ Rights Bill: Your Questions Answered

The Renters’ Rights Bill is a big news story in the property rental world right now. And there are lots of myths and inaccurate information being punted around. In this article, we’ll give you straight answers to three of the most common questions landlords are asking us. Will I be able to evict tenants if I need to? The honest answer is: yes and no. All tenancies will be periodic...

Key Things to Look Out for in Next Week’s Budget

After months of fevered speculation, Chancellor Rachel Reeves will unveil her autumn Budget next week (Wednesday 30 October). As the announcement could have important implications for landlords, let’s consider what might be included in it. But first, a caveat Leaks and rumours accompany the lead-up to any major fiscal event, and this Budget – Labour’s first for 14 years – has been no...

A Landlord’s Guide: Top Tips for a Smooth Move-In 

Welcoming a new tenant can be exciting for landlords, but it also requires careful preparation to ensure a smooth transition. A well-prepared property makes a great first impression and can set the tone for a successful tenancy. Here are five key steps landlords should take before handing over the keys. Inspect and refresh the property  Begin with a thorough inspection. Look out for issues...

Landlords: Top Tips for Buying a Fixer-Upper

When considering the purchase of a ‘doer-upper’ – a property that requires refurbishment – landlords are often faced with a Shakespearean (ish) question: “To buy, or not to buy?” It’s an important decision where you must weigh up several important factors before choosing to invest or not. Below are five key considerations to keep in mind: Budget for refurbishment Before...

First-Time Landlords: Six Mistakes to Avoid for Success

Despite overblown media reports of a wave of landlords selling up due to regulation changes and new government policies, property remains a viable long-term investment for many. For first-time landlords, however, common pitfalls can turn a promising venture into a stressful experience. Avoid these six mistakes to ensure your property investment journey gets off to a smooth start. Underestimating...

The Surprising Demographic Shift Taking Place in the Rental Market

First-time buyers might be getting older, but when it comes to landlords, it’s a different story. A new survey* has found that in the past nine years, there’s been a drop in the average age of landlords in the UK. Back in 2014, the average age for a landlord purchasing a rental with a buy-to-let mortgage was 46.4. By 2023, that figure was down to 42.9. Age breakdown Young adults are...

Why Many Landlords Are Ignoring the Doomsayers and Staying in the Rental Market

Are landlords leaving the market in droves, as some experts claim? Or are reports of an exodus exaggerated? Let’s look beyond the hype to find out what’s going on. You may have seen a flurry of headlines lately saying that landlords are leaving the rental sector en masse. Is it true? Well, data released last month shows that some landlords are indeed selling up. The number of outstanding...

What’s Happening in the Rental Market? Latest Statistics Revealed

Is the rental market running hot or cold, and what can we expect in the coming year? Let’s dig into the latest data from the Office of National Statistics (ONS) and property portal Zoopla to find out. Taking stock Unless you spent 2023 hiding under a rock, you’ll know that rents rose last year. A combination of higher interest rates, which put pressure on buy-to-let (BTL) mortgages, and...

How to Reduce the Risk of Fire at Your Rental

Did you know that a blaze is seven times more likely to start in a rental property than in a home occupied by the owner?* It's a shocking statistic that underlines the need for landlords to prioritise fire safety. So, let's look at how to keep your tenants and property safe. Follow the law Landlords must follow strict rules on issues such as smoke and carbon monoxide alarms, gas and electrical...

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