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1000 Mortgages has compiled a series of articles designed to assist both prospective and existing landlords. These cover a range of topics including the law, insurances and tenant screening.
Landlord and Tenant Law
As a private landlord, it is important to be aware of, and comply with, legal requirements for the maintenance of your property, and its contents, and the safety of your tenants, and members of the general public. The Landlord and Tenant Act, 1985, for example, outlines the legal responsibilities of a landlord, with regard to maintenance and repairs, safety of gas and electrical appliances, and fire safety of furnishings and premises. A private landlord is also legally obligated to have buildings, and Public Liability, insurance . . . more landlord and tenant law information
Landlord Associations
Considers the general concept of, and benefits provided by, landlord associations. It then covers the major national associations, with reference to regional coverage, and benefits conferred by membership. Contact details are included. Additionally, a source for locating local associations is provided . . . more landlord associations information
Landlord Contents Insurance
One of the critical things for any landlord is the proper landlord insurance. A landlord is running a property business, whose main asset is buy-to-let investment(s). Given the nature of buy-to-let property, it is imperative to have specialist landlord insurance. Household policies offer no cover for buildings, contents and landlord’s third party liabilities, whilst the property is being let out . . . more landlord contents insurance information
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Landlord Buildings Insurance
Buildings insurance is a condition of mortgage lenders, so, in the event of a disaster, the property can be repaired / rebuilt. With no buildings insurance, not only the property will be damaged or destroyed, but also you’ll still owe the lender the value of the mortgage . . . more landlord buildings insurance information
Landlord Insurance
"Buy to let" property has become big business in the UK, in recent years, and many people are attracted to it by the prospect of lucrative, additional income. While substantial gains, from regular monthly rent payments, and capital appreciation of a property, itself, are possible, becoming a private landlord should not be viewed as a "get rich quick" scheme. Having bought a suitable property, it is obviously sensible – or essential, if you buy a property with a mortgage loan – to protect your investment with buildings, and contents, insurance. Indeed, the additional risks posed by rental property, and tenants, mean that you may also need to consider insurance cover tailored specifically to the needs of the private landlord . . . more landlord insurance information
Landlord Property Management Software
In property management, one of the biggest challenges is keeping track of the numerous small details. When managing multiple dwellings, the number of details involved is compounded by the number of properties. Since income depends on the accuracy of those details, effective management is essential. As the portfolio size increases, it becomes necessary to investigate property management software. Whatever the scale of the enterprise, these applications allow you to develop a real estate portfolio, concentrating on the property rental business, rather than its administration . . . more landlord property management software information
Private Landlords
Becoming a private landlord can, in the medium or long term, be a lucrative business. It should not, however, be viewed as a method of acquiring short term gains, and can, indeed, be more complicated and time consuming than other forms of investment. The type of property in which you choose to invest, and its location, should be governed by the nature of the returns that you hope to achieve from that property. In other words, if you are seeking regular monthly income, your selection criteria for a suitable property may be different from those used to select a property that is likely increase significantly in value over time . . . more private landlords information
Tenant Screening
The Housing Act, 1988, granted certain rights to tenants and landlords alike, and any tenancy agreement drawn up after January 15, 1989, is classified as an "Assured Shorthold Tenancy", or an "Assured Tenancy", bound by the terms of the Act. Tenants are legally entitled to know the full name, and address of their landlord. They are also entitled to "quiet enjoyment" of a property, without interference, or harassment, from a landlord, subject to reasonable use of that property. Even in the event of eviction being necessary, a landlord is required to follow correct legal procedures. He, or she, must also provide a rent book to tenants, detailing how much rent is payable, and when, along with any other charges relating to a property for which tenants are liable, all, or in part . . . more tenant screening information
Landlord Mortgages
If you would like one of Global Financial Limited's independent mortgage brokers to supply you with a no obligation quotation then simply fill in the form and a broker will phone you to discuss the finer points as you would not want to sign up to a mortgage that is not quite what you wanted.
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Further Landlords Information Information
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Landlord Law - Advice on shorthold tenancy agreements, eviction notices and landlord law in the UK. Find extensive landlord information including tips, FAQ, articles, and documents which cover most landlord and tenant problems.....
landlordlaw.co.uk
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Sussex Accountants - Directory of accountants in Sussex offering accounting and tax advice. Find accountants for advice on income tax, filling in and preparing a tax return, self assessment forms, inheritance tax planning, capital gains tax planning and general tax planning.....
find-uk-accountant.co.uk
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Remax Aberdeen - Estate agents that specialise in property sales and lettings in Aberdeen. The firm also offers customised marketing plans, buyer prospect matching systems, multiple listing systems, customised Internet listings, virtual tours, accompanied viewings, open house programmes and much more...
estate-agents-aberdeen.co.uk
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Online Legal Services - Legal Helpers specialises in the creation of legal documents and the provision of legal advice, especially with regards to residential tenancy agreements, residential possession notices and rent increases, fixed fee housing possession claims, wills and more...
legalhelpers.co.uk
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Property Management Software - VTUK is a software solutions provider, specialising in property software, property management software, lettings software and more. The firm also offers high-performance windows based bespoke software solutions....
vision-teknology.co.uk
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