What Happens If The Tenant Asks To Use There Deposit For The final Rent Payment? A question we often get asked is “Can a tenant use the rent deposit as last month´s rent?”. Some tenants at the end of the tenancy agreement will ask the landlord if they can use their deposit to cover their last rent payment. A landlord is not obligated to do this and it may become complicated for both the landlord and...

This post looks to answer the question “Can Tenants Sublet?” When you rent a property as a tenant, the tenancy agreement will be from a private landlord, who will be the owner. A new tenant can also rent from an existing tenant, who has rented the property from the owner, and this is called subletting. What Does it Mean To Sublet?  To sublet or to sublease is to rent out the property you are...

What Is A Void Period? Quite simply void periods are when the tenancy has come to an end and you as a landlord have not found new tenants to move in, so effectively the house is empty and there is no rental income. Do Void Periods Happen Often? The short answer is if the house and the tenants have been managed correctly then the chances are minimal however there are certain times where this is...

Whether you are a new landlord, existing landlord, an overseas investor or have an existing portfolio you need to know how to choose a letting agent to ensure that your investment is secure and that you are receiving rent each month without any problems.  The key to a successful letting agent is to have continuity.  Estate agents, especially nationwide agencies or corporates, are known to have a...

A Property Management Company will assign a property manager to look after all aspects of your property. What Does A Property Manager Do? A property manager does just that they manage all your property needs on a daily basis. They work hand in hand with the letting agent and should be up to date with all current legislation. The primary role of a property manager is to deal with the day to day management...

Do I pay tax on my buy to let property and tax on rental income?  This is a question that is asked many times by landlords. The short answer is yes all UK landlords who own buy-to-let properties must pay tax on any profit after deducting allowances and expenses. What Expenses And Allowances Can Landlords Claim? When you become a landlord your buy to let property will need to be maintained and this...

I Want To Buy An Investment Buy-To-Let. What Is The Process? When buying an investment property Buy-To-Let here are so many factors that have to be taken into consideration, many new investors may speak to other investors, accountants, or do their own research but the process needs to be thought out very carefully and not rushed.  There are many stages that a buy-to-let investor will have to...

Does A Landlord Have the Right To Sell Tenant Belongings? Can a landlord take possession of a tenant´s goods and do they have the rights to sell the tenant belongings? The answer is no. A landlord cannot withhold your possessions, this law is covered by Torts (Interference With Goods) Act 1977. This will cover all aspects as to why the landlord cannot do what they wish with the property,...

Landlords and investors often ask how to safeguard against bad tenants.  There is no real answer to this but there are many precautionary measures that can be put in place to minimise the risk.  Letting Agents must make sure to take every step to protect your investment, whilst this is producing you an income, and capital growth. However, nothing is without risk. Whilst some investors have never...

I've Decided To Move Abroad How Do I Rent My Home? We are asked this question many times by an Expat Landlord. If you are considering renting your home, and moving to another country it can be quite a daunting prospect. There are many factors to consider so you will have to make sure that you tick all the boxes before considering this move. Which Letting Agency Should You Choose? This will...