PREPARE YOUR PROPERTY FOR RENTAL 1 - Kings Lettings

How To Prepare Your Property For Rental? #6 Top Tips

Do you intend to rent out your apartment or house? If the answer is yes, then we have some tips for you that will increase its value and appeal. Making your home rental-ready helps you draw in the tenants faster and it maximises your rental income. We have created a top 6 list that will serve as a guideline to help you make the best out of your property and understand what are the priorities that you...

HELPING LANDLORDS TO NAVIGATE THE COST OF LIVING CRISIS Feautre Image

HELPING LANDLORDS TO NAVIGATE THE COST OF LIVING CRISIS

AN OVERVIEW OF THE CURRENT SITUATION As energy costs continue to head upwards, many of us consider making changes to our lifestyle, and are looking into ways that would help save money while improving the energy efficiency of their home amongst others. To ensure that the UK is on course to fulfil its CCC 2050 net zero objective and an 80% reduction in greenhouse gas emissions by 2050, nearly 19...

Letting Agents, Property Valuations, Estate Agent

PROPERTY VALUATIONS. WHAT YOU NEED TO KNOW.

Financial markets are in for a bumpy ride. The consequences of the current economic climate are affecting the interest rates, with the knock-on effect being the monthly mortgage payments raising with each payment. Moreover, the Bank of England raised rates  to their current level of 2.25 percent.   In response to the market volatility, the banks have withdrawn more than 1000 mortgage deals,...

HOW TO KEEP PROPERTY MAINTENANCE COSTS DOWN (BUY-TO-LETS)

HOW TO KEEP PROPERTY MAINTENANCE COSTS DOWN (BUY-TO-LETS)

According to Landlord News, the average cost of maintaining a rental property sits at around 1% of the total property value. This might not seem like a large number, but it can quickly begin to eat into your rental income. For example, if you’re renting out a property whose value is £250,000, then your expected annual maintenance costs will total at £2500. To return a good rental yield, this...

WHEN TENANTS CAN'T PAY THEIR RENT - WHAT SHOULD YOU DO

WHEN TENANTS CAN’T PAY THEIR RENT – WHAT SHOULD YOU DO?

As a landlord, it is likely that you’ve taken reasonable steps to ensure you have the most responsible and reliable tenants possible occupying your properties, but sometimes they may find themselves in circumstances beyond their control. If you have a tenant who has fallen into rent arrears, it can be incredibly frustrating balancing your responsibilities regarding the wellbeing of your tenants with...

TO HAVE OR NOT TO HAVE A LETTING AGENT KINGS LETTINGS

TO HAVE OR NOT TO HAVE A LETTING AGENT? KINGS LETTINGS

It could be tempting to believe that renting and managing a property on your own, without employing the services of a specialist Letting Agent, would save you money - and while this could be the case at the beginning, in the long term this could prove to be a very unwise decision and actually lose money in the long run. Not to mention the stress of managing the property, the steep learning curve and the...

THE RENTERS REFORM BILL & WHAT IT MEANS FOR YOU

THE RENTERS REFORM BILL & WHAT IT MEANS FOR YOU

The Renters Reform Bill was announced on 16th of June and it promises a generational change that will create a farer, safer position between Landlords and an estimated 4.4 million private rented Tenants. The Government announced the Renters Reform Bill in the Queen’s Speech December 2019 and aims to turn the bill into law by 2022. Now that we are deep into 2022 itself - let’s explore what this may...

RENT PROTECTION AND LEGAL EXPENSES INSURANCE

RENT PROTECTION AND LEGAL EXPENSES INSURANCE

Whether you’re new to the property investment game or a well seasoned landlord looking to scale up your business, you need to protect your income. Even the most reliable tenants can fall into unexpected circumstances that prevent them from being able to afford their rent, which is why rent protection and legal expenses insurance should be at the forefront of your mind when preparing a property to...

HOW LANDLORDS CAN HELP THEIR TENANTS DURING THE ‘COST OF LIVING’ CRISIS

HOW LANDLORDS CAN HELP THEIR TENANTS DURING THE ‘COST OF LIVING’ CRISIS

The cost of living is sharply on the rise and the impact of inflation is already causing significant budgetary strain for tenants and landlords alike. As a landlord, you may be wondering how you can look out for your tenant’s wellbeing through this uncertain period in time. Kings Lettings have collated a list of things you can do to prevent occupants of your rental properties from falling into...

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