Category: Landlord Advice

What to do if your Letting Agent goes bust

The current economic climate could be putting more and more well-intentioned companies under financial pressure. Or there may be less scrupulous, unregulated companies exploiting both landlords and tenants. Whatever the case, if this happens to your Agent it can be most distressing.

Understanding Tenant Needs In 2022

Understanding Tenant Needs In 2022

Introduction: Just as property prices boomed last year, so too did the rental market, with typical rents rising amid increased demand from tenants. Figures from Zoopla suggest the number of homes available to let is 43 per cent below the five-year average, which has pushed up competition for each property. And while the demand for… Read more »

New Electrical legislation for landlords

New Electrical Legislation for Landlords

Introduction:  Investing in property is an excellent way to make your money work harder for you, as well as providing great opportunities for the long term. But to be a successful landlord, there are plenty of rules and regulations to be aware of. Falling foul of the law could be very costly. At Readings, we… Read more »

ARLA Private Rented Sector Report

Key Findings • The number of tenants negotiating rent reductions fell to 1.1% • The number of agents witnessing rent increases remained at 32% • Demand from prospective tenants continued to fall with an average of 56 prospective tenants registered per branch • The number of properties managed per letting agent branch increased marginally to… Read more »

Attention Landlords!

The Consumerism Act, new Energy Performance regulations and Tenant Fee Act all impact private landlords. All of these pieces of regulation have been brought in by the present Government (and, of course, the dreaded proposed changes to Section 21 Notices!) As a private landlord, you really do need to be aware of the regulations and… Read more »

Leicester High Street with people walking down

East Midlands property market remains resilient despite uncertainty

According to recent reports, the East Midlands’ property market remained resilient throughout 2018 despite a backdrop of political uncertainty. The company’s Market Insite report, which monitors trends in the regional property market across Nottingham, Derby and Leicester, highlighted a positive year across the region with keen interest from owner-occupiers for freehold property. It also showcased… Read more »