Advice for renting in Leeds
If you’re looking for a rental property in Leeds, it’s important to take note of a few important factors to ensure the process is stress and hassle-free. While it’s often a very exciting time in life, relationships between landlords and tenants can be difficult, so keep everyone happy with this guide to renting in Leeds.
Environmentally Friendly
Feng Shui
EPC
Noisy Neighbours
Bank of Mum and Dad
It’s a trend which doesn’t appear to be slowing down. This has led many mortgage lenders to start offering products designed to help parents get their children into the housing market.
Making a Will for your Properties
When you own a property, there are a lot of legal issues you need to consider. What will happen to your property when you die is just one thing you really need to think about.
Are you planning on passing the property onto your children when you’re gone? If so, creating a will for your properties is going to be essential. Here, you’ll discover everything you need to know about property after death, and the importance of making a will.
Property Inventory
Property Vs Pensions
To help you figure out which option is better for you, below you’ll learn everything you need to know about property versus pensions. You’ll discover the pros and cons of each option, making it easier to make the most informed choice.
Tips for making your property more attractive to tenants
If you want to guarantee a speedy let, you’re going to need to make sure your property is appealing. Below, you’ll discover some top tips for making your property more attractive to tenants to ensure it isn’t left vacant for months on end.
Leeds City Centre A Guide for Landlords / Investors
There’s no denying Leeds is a fantastic place to buy a property in today’s economic climate. However, before making a purchase, there are many factors you need to consider. We’ve put together a brief guide to investing in Leeds city centre property.
Should a landlord risk a void period by holding out for a higher rent
One of the most challenging things about being a landlord is determining how much rent to charge your tenants. Set it too low, and you risk attracting poor quality tenants and missing out on potential profits. Set it too high on the other hand, and you could end up facing a void period as you struggle to attract any tenants.
Buying Off Plan
Are you thinking of purchasing a property off-plan? While most people tend to look for houses which have already been built, off-plan properties are becoming increasingly popular. Buying this way may have its risks, but it also provides a great range of benefits.
Here, we’ll look at the benefits of buying off-plan, and why you may want to consider it as an alternative to buying a ready-built property.
How much can I rent my property for ?
Are you trying to establish how much rent you should be charging for your property? Setting the right rental price is key to attracting the right tenants. Charge too much and you risk waiting months to get a tenant – but charge too little and you’ll risk attracting poor-quality tenants.
How much you should charge will depend upon numerous factors. So, to help, here, you’ll discover how to work out how much rent you can expect to get for your property accurately.
Common Mistakes made by Landlords
If you’ve decided to rent your property, it’s important to remember that there are lots of things to consider. As well as balancing the tenant/landlord relationship, there also a number of legal requirements that have to be abided by. There are various things that can go wrong so we’ve decided to highlight the most common pitfalls of renting and how to avoid them.
Where to Invest
Every year thousands of parents wait anxiously to hear which school their child has been offered. With this desperation comes a huge demand for properties within the school catchment areas. And with this increasing demand comes premium prices and rent. If you are thinking of purchasing a buy-to-let or an investment property, buying a house that sits in the catchment area of an excellent school could be a very profitable decision.
Should I buy or rent?
‘Should I buy or rent?’ is a question that most people will ask themselves in life. While buying a property can be very expensive it may actually save you money in the future and many prefer the flexibility that renting can offer. A property is one of the biggest purchases that you’ll ever make so ensuring that you’ve made the right decision is crucial. However, deciding whether to rent or buy can be stressful. Sure, being a homeowner may be hugely rewarding but if you know that you won’t be able to afford monthly mortgage payments, it might not be the best idea. Here, we take a look at the pros and cons of each decision and help you answer the biggest question of them all.
Remortgaging your property
Remortgaging your property describes the process of taking out a new mortgage on a property that you already own, in order to replace the current mortgage or to borrow money against your property. The benefits of remortgaging can include gaining a better interest rate, saving money and providing money to those who want to pay for loans or house reparations. With around a third of all home loans in the UK being remortgages, we take a look at the dos and don’ts of remortgaging your property.
Things that landlords need to budget for
As a landlord, a buy-to-let property is a business investment. Therefore, there is often no emotional element in the decision. However, many landlords often overlook various costs associated with buying a property and end up paying for the consequences later on down the line. Here, we take a look at the most important costs that buy-to-let landlords should remember to budget for.
Where to live in Leeds City Centre
Whether you’re looking to buy or rent in Leeds, the chances are you’re probably wondering where to look for your perfect place. As one of the UK’s busiest cities, this is a great city to live in and offers contemporary urban pads, converted historical buildings and of course, quieter spots for those wanting to settle down. So, whether you’re new to the area or just want some advice, we’ve put together the ultimate guide to apartment blocks in Leeds. After all, we’re here to make your move as simple as possible.
The Do's and Do'nts of renting
You’ve made the decision to rent a property instead of buying and now it’s time to search the local property market. Finding your new home is a very exciting time but if you make one bad decision, things can get costly. We’ve put together a helpful list of the top do’s and don’ts when it comes to renting to help you have a stress and hassle-free experience.
Buy to Let for beginners
The UK rental market is booming and with demand still trumping supply, there’s no denying that buy-to-let is appealing. However, as with any other investment, it requires a lot of thought and consideration to ensure that your opportunities are maximised and that risks are minimised. In this blog, we take a look at what you need to know when choosing a property to let and everything in between.
Tenants Moving Out Checklist
A moving out checklist can help both tenants and landlords when the tenancy ends. As well as reducing any stress that the move may cause, a checklist will also ensure you’re organised in time for the big day. To minimise the hassle, we’ve put together a tenant checklist so that you don’t miss anything important.
How to boost your chances of getting a mortgage
If you’ve decided to buy a new property, it’s likely that you’ll require a mortgage. With endless choices out there and loads of information to take in, the world of mortgages can often appear daunting. We advise everyone considering a mortgage to meet with a mortgage advisor to discuss all the options
15 ways to add value to your home
If you’re thinking of selling a property, it’s worth considering how you can maximise the value of your home. Even if you’re simply looking to update a room, it’s important to understand how much this could add to the price of your property, when you come to sell. Adding value to your current property is essential if you want to move up the property ladder so take a look at our tips and tricks for adding value to your home
Understanding mould & damp - The tenants guide
The key thing when renting a property is to treat it as if it’s your very own home. Neglecting your rental property will not only affect how homely the place feels but you also run the risk of not getting all of your deposit back, if repairs are needed.
One thing that tenants need to be aware of are mould and damp.As winter is just around the corner, it’s important to understand that mould and condensation can appear far more often.
How to reduce household running costs
Whether you own your property or are renting, running a household can be expensive. Recent data suggests that over half of family income is spent on household costs, and monthly running costs for a three-bedroom home can be up to £1600.
How to save for a deposit
If you’ve decided to buy a property, you’re probably thinking of how to save for a deposit. Generally, you’ll need at least 5% of the property’s price to be accepted for a mortgage. But, it’s important to remember that the higher the deposit, the better deals you’ll be offered.
Saving such a large sum of money can seem scary but there’s lots of things you can do that will not only help you to reach your financial goal sooner but also your new home.
