With the current economic climate and anxiety caused by the uncertainties of the future, many landlords and tenants have sought a way to minimize financial risks while still deriving significant value from renting out properties. One option that has been gaining traction is guaranteed rent schemes, wherein a landlord agrees to rent out the property…
As a property owner, it’s essential to understand the various regulations that apply to your property to ensure compliance and avoid legal issues. This article will provide a comprehensive guide to property compliance in the United Kingdom, covering building regulations, planning permission, environmental regulations, health and safety regulations, fire safety regulations, and landlord and tenant regulations. Introduction Before diving…
Introduction As a rental property owner, it’s important to have a solid understanding of rental property accounting. Properly tracking your income and expenses can help you make informed decisions about your property, ensure compliance with tax laws, and maximize your profitability. In this article, we’ll cover the basics of rental property accounting and provide some…
Being a landlord can be difficult because you can’t always rely on your tenants to pay on time, and you go through times when you don’t have tenants at all. There are options for you to be guaranteed your rent payments, but are guaranteed rent schemes worth it? Guarantee rent is worth it because landlords…
If you own a property, you may be trying to rent it out to another person. This is a great way to make supplemental income and help someone find a place to live. While being a landlord can be a great experience, what should you do when your tenant stops paying rent or begins to…
Being a landlord can cause a lot of stress, especially if a tenant is unreliable when it comes to paying rent. What if there was a way to guarantee rent money was coming in? Many landlords would be grateful for a backup like that! Rent guarantee insurance covers tenants not paying rent. It offers an…