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For landlords, one of the most crucial aspects of your buy-to-let investment is your ability to generate a good rental yield.
Along with capital appreciation, rental yields are indicative of how much profit you could make in rental income and will determine whether you can cover the cost of your buy-to-let mortgage.
When letting a property in Scotland, landlords who know the best time to let are far more likely to reap the most benefits.
Protecting your tenants’ deposits is not only vitally important to the smooth running of tenancies, but also a legal obligation and can help avoid disputes at a later date. So, it really does pay to fully understand your obligations as a landlord when it
Potential reform of the rented sector proposed by the Scottish Government in its draft strategy could mean the erosion of landlords’ rights, according to trade body Propertymark. The association claims that the tenant-centred approach, A New Deal for Tenants, is overlooking the needs and rights of landlords, particularly around their ability to seek possession of their properties.
Many tenants now recognise that a major cause of greenhouse gas emissions are homes, making energy performance certificate (EPC) ratings a key consideration when deciding which rental property is for them.
If you were lucky enough to have a spare bedroom in 2020, there is a high chance that you shoved the bed to one side (or got rid of it altogether) to make way for a home office. In fact, a report from Zoopla suggests that some nine million bedrooms were lost during the pandemic to other uses.
For many, having aspirations of becoming a successful landlord is an appealing prospect. Not only is it a fantastic source of residual income, but investing in property in the long term could be substantially rewarding. However, one should not be blinded by the prospect of profits as one should strive for accumulating satisfied tenants and fully occupied rental properties.
Whether the property market is running hot or cooling down with the seasonal shift, buyers will always have a vision of what they want their next home to be – and your property for sale might be full of off-putting aspects.
There has been talk about a lack of properties for sale for some time now but a new report released at the end of May has put a figure on the squeeze. Propertymark claims that in April 2022, there were 52% fewer properties available, compared to the same month in the previous nine years.
Even mortgage lenders have their part to play in our quest to achieve net zero carbon emissions by 2050. The Government has asked banks and building societies to encourage the purchase of eco-efficient properties by offering buyers advantageous products billed as ‘green mortgages’.
While the property industry waits for a date when the Renters’ Reform Bill becomes law, there is an imminent change for all current owners and future buyers of leasehold properties. Here are five important points for anyone involved with a leasehold property.
If there’s one agenda that won’t be pushed to the bottom of the pile, it’s the eco agenda. How much energy we use, where we get our energy from and what we can do to reduce our carbon footprint is a narrative that has become persistent in the property market.
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