Shared ownership is a popular scheme in the UK designed to help individuals get onto the property ladder. It allows people to buy a share of a property and pay rent on the remaining share, which is typically owned by a housing association. However, one common question that arises is whether you can rent out a shared ownership property. The answer is not straightforward and depends on several factors,...
Reducing rental property vacancy rates is a priority for property owners and property management agencies alike. Prolonged vacancies can impact income and lower property value, while a steady flow of reliable tenants boosts financial stability and enhances the property’s reputation. Here are some strategic tips to help keep vacancy rates low in any region. Align with Local Market...
Council tax is a local taxation system in the UK, used to fund local services such as rubbish collection, policing, and schools. It is typically levied on domestic properties, and the amount payable is determined by the property’s valuation band, which is based on its estimated value as of April 1st, 1991. Each local council sets its own council tax rates, and these can vary significantly across...
As the summer sun fades and the crispness of autumn approaches, it's essential for landlords to prepare their properties for the seasonal transition. Autumn brings with it a new set of challenges and opportunities for property management. From maintaining the exterior of your property to ensuring the heating systems are in top condition, taking proactive steps now can prevent costly issues later. Here are...
Renting a property can be an exciting yet daunting experience, especially in the UK where specific regulations and standards must be met. Whether you're a first-time renter or a seasoned tenant, ensuring you have all the right checks in place is crucial to avoid potential pitfalls. Here’s a detailed guide on ten things you should get right when renting a property in the UK. Verify the Landlord’s...
The world of renting has always been a complex and evolving landscape, especially in the UK. While today's regulations are focused on safety, fairness, and clarity, the history of renting laws is peppered with some truly bizarre and entertaining regulations. Join us as we take a light-hearted look back at some of the weirdest and most fun renting laws from the past in the UK. The Case of the...