We’ve often heard about tales of tenants and the pertinent issues with landlords. Even if it doesn’t sound pleasant, the reality is true in most cases. However, there are exceptions no doubt and these often occur when the understanding and rapport between tenants and landlords works great; both perform their respective tasks, act in a timely manner and are rather open about what they actually seek from the other. A number of surveys were conducted at several places by researchers about the need fulfillment of landlords or, in other words, what they really seek from the tenancies. This largely differed in terms of the age groups who are given the rental flats or apartments; and hence the categories went something like - professional workers, young independents, small or large families on a tight budget or the elderly couples looking for spaces at their old age.
Renting a home might have always been seen as a lesser to buying one, but what you may not realise is that there are plenty of benefits to renting a home rather than owning one. One of the biggest benefits is that when things go wrong within the house, 9 times out of 10 it is not going to be something that you need to pay out (or organise) to be fixed. So, when is a maintenance repair job something to do with you and when do you need to leave it up to your landlord?
We all have heard of disputes that arise in the course, or even years after purchasing a home, or other real estate assets. As a home buyer, you may tend to be conversant with all the requirements that you should meet to buy a particular house. However, just like anybody else, you are subject to overlook on certain little details, which might eventually cost you greatly. This calls in for a real estate solicitor, who will help you navigate through every step. This might cost you additional pounds from your wallet, but it might help you greatly, eliminating any risk that would cost you a lot of money, or even total loss of your property. Let us look at some tips of how hiring a great solicitor could help you in buying a home;
Quite a good number of people believe that getting their tenancy deposit back is impossible, or have the mentality that their landlords will do or look for any possible reason to hold back their security deposits. However, we can confirm that there are landlords who can't wait to hand you over your security detail as per your agreements.
When you are giving your property to rent, you are trusting a stranger with your property. No matter what you do for a living, owning a property requires a lot of efforts. Property in UK does not come cheap, and the prices have risen over the past years. Whether you are renting out your property that you live in or some other property in your investment portfolio, you will want to have the best tenant. Also, there is some sentimental value attached to the property, so you need to be certain about who is living in it.
When it comes to letting out a property it isn’t always as straightforward as just collecting the rent each month. You will have a legal responsibility to your tenants and so you will need to make sure that you are doing the right thing and that you meet all the necessary rules and regulations. Our checklist here will help you get things covered.
When you are viewing a rental property with the mind set to move in, there are likely to be a thousand questions running through your head. However, with so much to think about, making sure that you ask the right question isn’t always easy. To help you make sure that you know all the key things for your prospective rental home, here are the top 5 questions that tenants should always ask during a viewing.
When you rent out a property, all responsibility related to care and maintenance of the property is not passed to the tenant. In short, you cannot simply forget about property maintenance after letting it out. Similarly, a tenant cannot ignore the maintenance issues of a home just because they do not own the property. It is their responsibility to keep the property clean and livable. There is often confusion over who needs to take ownership of repair and maintenance issues encountered on a property.
Before you sell your home it’s highly important to get an accurate valuation. Getting its true worth allows you to know the amount to expect from it and the asking price you need to come up with. An accurate valuation of your home before you sell has its benefits.
Buying your first home can be incredibly exciting, but it can also be daunting, stressful and packed with a lot of things that you need to consider, plan, and think about during the process. If you are someone who is looking at buying their first property and want to make the process as easy and stress-free as possible, then you might want to take a look at all of the things that you are going to need to know about buying your first home.
During your house hunting quest, chances are you will only see a given house at its best; perfectly organised, expertly staged, and clean. This gives you a perfect picture that lures you into buying the house; however, you might be missing a lot; recurrent water problems, rat and termite infestations, past flooding cases, etc. These are the things that eventually cost you a lot.
If you think that all the house sale deals go through, then you are wrong. Yes, you may come into a common understanding with a potential home buyer, but until that contract is closed, it is not a complete deal.