If you are a landlord or property owner in the UK, finding the right Letting and Property Management Agent to manage your property, is crucial. A good Letting agency uses their skills and experience to help you find the right tenants, manage rent collection, handle maintenance issues, and ensure that your property is well-maintained, as well as proactively managing any issues that might arise during the...
As a buy-to-let landlord in the UK, one of the decisions you will have to make is whether to rent out your property furnished or unfurnished. There are pros and cons to both options, and ultimately, the decision will depend on your specific situation and goals. In this article, we will explore the advantages and disadvantages of renting your property furnished or unfurnished.
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 In response to the market volatility, the banks have withdrawn more than 1000 mortgage deals,...
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...
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...
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...
Tax surrounding property ownership can seem complicated if you are a first time landlord, but it is important to understand which tax bracket you sit in, how much of your rental income is taxable, and which costs are considered as ‘allowable expenses’. As experienced lettings agents, Kings Lettings want to make being a landlord as simple as possible which is why we’ve explained the...
If you rent out a property, you have a legal responsibility to ensure your tenants are safe in their home. Fire damage, gas leaks and burglaries can cause irreparable damage but compliance with safety regulations can easily prevent this. That’s why Kings Lettings have created this guide for landlords that tells you exactly how to protect your tenants while they occupy your rental...
When making the decision to become a landlord, landlord insurance should be one of the very first things you consider to ensure your investment is protected. Kings Lettings want to make sure you’re fully conscious of what landlord insurance is, whether you need it and what it covers. That’s why we’ve answered all of your questions about how to legally protect your rental income. WHAT IS...
Statistics have shown that demand for energy efficient properties has skyrocketed in the past decade, and with living costs on the rise, this is only set to increase. Having an energy efficient property can increase rental value, lead to cheaper running costs and reduce tenant turnover which leads to stable, long-term rental income. Kings Lettings want to show you how. THE MINIMUM ENERGY EFFICIENCY...