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Tag: RENT
RENT
Furnished properties – what should be included?
When renting a property as furnished in the UK, there are certain expectations and legal requirements you must meet to ensure the property is suitable and safe for tenants. Here’s a comprehensive guide on what you need to provide and consider: Basic Requirements: Safety and Compliance: Other Considerations: Conclusion: Providing a furnished rental property in… Read more
Property types that offer the best rental yields in the UK
In the UK, various types of properties can offer high rental yields depending on factors such as location, demand, and property management. Here are some property types known for potentially high rental yields: 1. Houses in Multiple Occupation (HMOs): 2. Student Accommodation: 3. Short-Term Lettings (Airbnb or Holiday Rentals): 4. Buy-to-Let Apartments in City Centers:… Read more
Rent to rent (R2R) – is it legal?
Rent to rent arrangements in the UK can be legal, but they must comply with certain regulations and considerations to avoid falling into illegal practices or breaching tenancy laws. Here’s a breakdown of what rent to rent entails and its legality in the UK: What is Rent to Rent? Rent to rent (also known as… Read more
Let to buy explained
“Let to buy” (LTB) is a property strategy where a homeowner rents out their existing home in order to purchase a new one. It is popular in the UK among people who want to move to a new property but don’t want to sell their current one. Here’s how it works: Key Benefits: Key Considerations:… Read more
Where are the best area’s in Birmingham to buy property for rental purposes?
Choosing the best areas in Birmingham to buy property for rental purposes depends on various factors such as rental demand, rental yields, property prices, amenities, transport links, and potential for capital appreciation. Here are some areas in Birmingham that are popular among landlords and investors for rental properties: 1. City Centre (B1, B2): Birmingham’s city… Read more
Average rental prices for UK’s major cities
Here is a general overview of average rental prices for properties in major cities across the UK, as at July 2024. Please note that these figures can vary depending on factors such as property type, location within the city, and market conditions: These figures are intended as a general guide and may vary based on… Read more
Joint tenants or tenants in common
In the UK, when multiple individuals own a property together, they can do so as either tenants in common or joint tenants. These two forms of property ownership have distinct legal implications and affect how ownership is structured, transferred, and inherited. Let’s explore the differences between tenants in common and joint tenants: Tenants in Common:… Read more