Blog posts from myhouse Agents

Author: vacharlenemanglallan

How to Increase the Net Yield on Your Manchester Rental – Without Hiking the Rent 

Buy-to-let investors can tighten their belts and improve their bottom line in many ways.   Landlords searching for inspiration need look no further than Apple founder Steve Jobs, who famously said, “Details matter.”  That’s because the key to success as a landlord is keeping a firm eye on all the details.   That means making the big decisions—such as setting rent—right, but also paying attention to other ways you can minimise your expenses and protect yourself from one-off cost blowouts.  So, here are some simple ways you can save on costs. When added altogether, these measures can make a healthy difference to [...]

March 10th, 2025|

Mortgage Expert Reveals Why Landlords Are Investing in Buy-to-Let in Manchester 

A rise in the number of landlords taking out buy-to-let mortgages shows that the market fundamentals in the lettings sector remain strong.  As Chief Commercial Officer of buy-to-let lender Fleet Mortgages, Steve Cox is a numbers man.  And after crunching the data released so far this year, he’s given his verdict on the outlook for the buy-to-let (BTL) sector, and it’s pretty positive.  In an analysis piece in Mortgage Solutions magazine, Cox said BTL had outperformed expectations last year and got off to a positive start in 2025.  “I think we sometimes underestimate the resilience of our market,” he said.  [...]

March 3rd, 2025|

Why You Must Inspect Your Rentals (and How Often): Tips for Manchester Landlords 

Most tenancies run smoothly. But when a tenancy goes wrong, it can go very wrong. Conducting a regular property check is one way to head off problems.  Why should you inspect your rental?  An inspection of your rental is an opportunity to check its condition. You can see how your tenant is looking after your property and identify any maintenance that might be needed.  You can also ensure no one is living there who isn't on the tenancy, and that there's no unauthorised sub-letting.  Inspections also mean you can check that your property isn't being used for illegal purposes. Although [...]

February 24th, 2025|

Renters’ Rights Bill: What Manchester Landlords Need to Know About Addressing Mould 

New rules on dealing with mould and damp in private rental properties are on the horizon. Here's what landlords need to know.  The UK is a (generally) cold and wet country with the oldest housing stock in Europe.  So, it's no surprise that problems such as damp and mould can arise in residential properties.   This was brought into sharp focus earlier this month when the English Housing Survey revealed that damp is a growing issue in the private rental sector which affects 9% of properties.  And as damp and mould can cause serious respiratory problems, the government is understandably keen [...]

February 17th, 2025|

Why Manchester Landlords Can’t Be Complacent with Rules and Regulations 

Landlords need to know about an important government rule change that quietly came into force late last year.  Landlords have been warned to keep a close eye out for any new regulations introduced by their local council.  The advice comes after new rules making it easier for local councils to introduce selective licensing schemes quietly came into force in December.  Due to the timing of the changes – just two days before Christmas – the move largely flew under the radar.   However, many in the sector think the change could have significant implications.  Previously, councils had to get the Housing [...]

February 10th, 2025|

How Manchester Landlords Can Find the Best Letting Yields 

Letting yields are the lifeblood of successful property investing. Here we’ll look at why it’s so important to understand yields.   What is meant by letting yield?  Yield is a simple way of calculating the financial return you can make on a buy-to-let.  Knowing what yield a property offers can help you decide if it’s a good investment (or not).  It allows you to compare different properties and weigh up the best one to buy.   Yields can also help you compare different types of investment. For example, is it better to invest in property or keep your cash in the bank?  [...]

January 20th, 2025|

How Manchester Landlords Can Get the Best Out of Joint Tenancies 

Many landlords will find themselves managing joint tenancies. Here are some tips on how to get the best out of them.  It’s easy to understand why joint tenancies are so popular with renters in the UK.  Sharing a tenancy with a friend, partner or family member means you can split the bills and divide up the chores.  And it’s nice (most of the time, at least) to come home to a familiar, friendly face.  However, joint tenancies rely on mutual trust and good communication to be successful. This requires tenants to understand and respect their responsibilities.   Landlords also have a [...]

January 6th, 2025|

The Letting Agent Checklist Every Manchester Landlord Needs

Don’t get just any letting agent to manage your investment property. Here are six useful questions to help you find a top professional. Are you looking to lighten your load as a landlord in 2025? Finding the perfect letting agent is your first step towards a New Year of hassle-free property management. The right agent saves you time, reduces stress, maximises your income and can guide you safely (and legally) through the ever-changing maze of rental rules and regulations. But with so many letting agencies out there, how do you separate the exceptional from the average? Ask these six critical questions before signing on the dotted line. 1. How Experienced Are You? Longevity often signals expertise, but don't stop at "how long?". Seek testimonials or online reviews to gauge an agency’s reputation. An experienced agent will have a solid track record in managing properties and resolving tenant issues. 2. What Do Your Property Inspections Cover? Periodic inspections are essential to safeguard your investment. Go beyond the basics — ask if they check for leaks, mould, and damp. A thorough agent will also identify early signs of maintenance issues. 3. How Do You Market Properties? Effective marketing is crucial to securing great tenants quickly, emphasising great tenants rather than just anyone. Investigate the agent’s strategy. Are their photos professional? Do they use social media effectively? A proactive agent ensures fewer void periods and attracts quality tenants. 4. Are You Up to Date on Rental Regulations? Rental legislation is changing in 2025. Test their knowledge of deposit protection schemes, energy performance requirements, and safety checks. A well-informed agent ensures compliance, protecting you from costly fines and headaches. 5. What Happens on Move-In Day? The best letting agents go beyond handing over keys. They'll introduce tenants to property essentials, such as the stopcock, fuse box, and rubbish collection schedules, ensuring tenants settle in smoothly and reducing unnecessary calls later. 6. How Do You Handle Disputes? Even with the best tenants, disputes can arise. A skilled agent remains impartial, finding solutions rather than escalating tensions. Whether it's managing rent arrears or tenant disagreements, their approach to conflict resolution matters. Why Now? 2025 will see the tightening of rental regulations and ongoing economic uncertainty. This means landlords need skilled professionals working for them now more than ever. An experienced and ethical letting agent will help you stay compliant, gain and retain great tenants and protect your investment. Ready to find the perfect agent? Contact us today to learn how we can make managing your property stress-free in the year ahead. Would someone you know benefit from reading this article? Why not share it with them?

December 30th, 2024|

What Manchester Landlords Should Do in the Event of a Burst Pipe 

If a pipe bursts at your rental, quick action will save you time and money. Here’s what landlords need to know. To steal a quote from Game of Thrones ‘Winter is Coming’. (Well, ok it’s here already.) And the colder weather can bring different challenges for landlords, including burst pipes. Here is some advice for landlords on dealing with (and avoiding) burst pipes at a rental property. What causes a burst pipe? In cold weather water in a pipe can freeze. As it freezes, it expands and can split the pipe. Often a burst isn’t apparent until the ice melts and the water pours out. Where is most at risk? Pipes in habitable rooms that are heated are at less risk of freezing. Pipes in cold places, like attics and cellars, are at greater risk. Outdoor piping, such as in a garage, shed or an outside water tap, is at high risk of freezing. Tips to prevent a burst pipe It’s still not too late to do some preventative work. Protect vulnerable pipework with foam insulation or spiral wrap. Outside taps should be protected with an outdoor tap cover. Dealing with a burst pipe – action plan If you get a call from your tenant reporting a burst, consider doing this: (If you’re a tenant and reading this then check whether you should call your landlord directly or their letting agent. Make sure that you have their number handy.) Refer your tenant to your letting agent – if you have one and if they handle maintenance for you. (At times this, a good agent is worth their weight in gold.) Ask your tenant to turn off the water at the stop tap (also known as a stopcock). It’s a good idea to leave instructions in your property showing where this is and how to use it. Then, ask your tenant to drain the affected pipe by turning on the tap it supplies. This could reduce the damage caused considerably. Call in a plumber or home emergency service. (Although this is likely to be easier said than done, especially at Christmas and New Year.) Make a shortlist of who you can call if you don’t already have a plumber. Try a temporary fix if you can’t get a plumber immediately. If you have DIY skills, try a temporary repair using pipe repair tape, epoxy resin or a burst pipe clamping kit. These are available from DIY stores. Of course, a good way for landlords to avoid the problems caused by burst pipes and other emergencies is to hire a good letting agent who can do this for you. Would someone you know find this article helpful? Why not share it with them?

December 24th, 2024|

Mould Prevention: Why Tenants and Landlords in Manchester Need to Work Together

Despite greater awareness and tougher legislative measures, mould can still be a significant issue for landlords and tenants.  A new survey has found that 43% of tenants have experienced problems with mould and damp in their rental*.  And cases appear to be becoming more – not less – prevalent.  Experts attribute this to changing weather patterns (sadly, we’re getting more rain than ever in the UK)**.  High energy prices don’t help either, as cash-conscious tenants are now more frugal when heating their homes. (Keeping a property at a moderate, consistent temperature helps prevent mould.)    How can this trend be [...]

November 18th, 2024|

Manchester Residents: Home Security Tips This Winter

Unfortunately, when the nights get longer, this time of year can be open season for burglars looking to target your home. Now is the perfect time to review your home security and see what improvements you can make.  Here are three tips to improve your home’s security.  The simplest measures are the best  Some of the most effective security precautions are simple and cost very little – apart from a bit of thought and effort.  Such as:  Make sure door and window locks are in good working order. Upgrade them if necessary. Don’t overlook garages, sheds and outbuildings, as thieves [...]

November 8th, 2024|

How to Do the Basics Brilliantly: Key Tips for Landlords in Manchester

Have you ever wondered how some landlords seem to run successful portfolios and others don’t seem to crack the rental property puzzle?  In our experience, we’ve seen what the best do that the rest don’t.  And the answer is surprisingly simple; they do the basics brilliantly.  The best landlords have weathered many storms over the years, from interest rate rises and market turmoil to regulatory and tax changes.  And they’ve seen countless Prime Ministers, Chancellors and Housing Secretaries (there’s been a revolving door in that department) come and go.  The key learning here is they don’t get too worked up [...]

November 4th, 2024|

The Renters’ Rights Bill: Three Things Manchester Landlords Should Know

The Renters’ Rights Bill is a big news story in the property rental world right now.   And there are lots of myths and inaccurate information being punted around.   In this article, we’ll give you straight answers to three of the most common questions landlords are asking us.    Will I be able to evict tenants if I need to?   The honest answer is: yes and no.  All tenancies will be periodic tenancies. There will be no fixed-term shorthold tenancies as there are now. Tenants will be able to stay as long as they wish.  But if your tenants break the [...]

October 28th, 2024|

Cuckooing: What Is It? And Why Is It a Threat to Manchester Landlords

Cuckooing is a heartless crime that puts your tenant’s wellbeing at risk and leaves you, as the landlord, facing an array of legal issues.  So, if you own a rental property, here’s what you need to know.  What is it?  The term ‘cuckooing’ refers to when a criminal gang moves into someone’s home and uses the property for illegal purposes.  How it starts  Criminals tend to target vulnerable people, be they lonely, elderly, intellectually disabled or on the breadline.  One way or another, be it with false promises, gifts, loans of money or threats, a crook wheedles their way into [...]

October 14th, 2024|

How to Make Your Manchester Property Tenant-Ready in Five Easy Steps

Welcoming a new tenant can be exciting for landlords, but it also requires careful preparation to ensure a smooth transition.   A well-prepared property makes a great first impression and can set the tone for a successful tenancy.   Here are five key steps landlords should take before handing over the keys.  Inspect and refresh the property    Begin with a thorough inspection. Look out for issues like faulty fittings, leaks or signs of wear and tear. Addressing these minor problems now can prevent major headaches later. Consider a fresh coat of neutral paint to rejuvenate the space and create a welcoming atmosphere [...]

October 7th, 2024|

Manchester Landlords: Top Tips for Buying a Fixer-Upper

When considering the purchase of a ‘doer-upper’ – a property that requires refurbishment – landlords are often faced with a Shakespearean (ish) question: “To buy, or not to buy?” It’s an important decision where you must weigh up several important factors before choosing to invest or not. Below are five key considerations to keep in mind: Budget for refurbishment Before purchasing a doer-upper, make sure you budget accurately for the refurbishment work. You must account for not only the obvious repairs but also any hidden issues that may arise once work begins, such as damp or structural problems. A detailed [...]

September 30th, 2024|

Avoid These Common Pitfalls as a First-Time Landlord in Manchester

Despite overblown media reports of a wave of landlords selling up due to regulation changes and new government policies, property remains a viable long-term investment for many.   For first-time landlords, however, common pitfalls can turn a promising venture into a stressful experience.   Avoid these six mistakes to ensure your property investment journey gets off to a smooth start.  Underestimating costs  One of the biggest errors new landlords make is underestimating the ongoing property maintenance costs. Repairs, safety inspections and void periods (when your property is empty) can quickly eat into your profits. Budgeting for unexpected expenses and having a contingency [...]

September 23rd, 2024|

Three Helpful Apps for New Homeowners in Manchester

There’s nothing quite like becoming a homeowner for the first time.  Stepping over the threshold into a place you can call your own is one of life’s memorable moments.  However, as well as coming with a host of benefits, home ownership also comes with responsibilities.   Unlike renting, where someone else handles the maintenance and most of the upkeep, these duties now fall to you as the owner.  Thankfully, many useful apps are available to make life easier and less stressful for homeowners. Here are three of the best.  Centriq  This clever home maintenance app means you’ll never have to search [...]

September 20th, 2024|

Savvy Styling Tips for Your Manchester Rental Property

Property experts often advise sellers to style their home before they put it on the market.    Go the extra mile with presentation, and buyers will be impressed by what they see and smell, or so the theory goes.    But do the same styling rules apply to landlords hoping to attract top tenants to their buy-to-let?    While there’s a little less scope for creative presentation with rentals (because they tend to be unfurnished), we think basic styling principles can still apply.    A well-styled rental sends a clear message to prospective tenants that the landlord is proactive and [...]

August 26th, 2024|

How to Reduce the Risk of Fire at Your Manchester Rental

Did you know that a blaze is seven times more likely to start in a rental property than in a home occupied by the owner?*  It's a shocking statistic that underlines the need for landlords to prioritise fire safety.  So, let's look at how to keep your tenants and property safe.    Follow the law   Landlords must follow strict rules on issues such as smoke and carbon monoxide alarms, gas and electrical safety checks and the provision of unobstructed escape routes.   We won't go into too much detail here as there's a lot of ground to cover** (if you'd like [...]

August 19th, 2024|

How to Choose a Manchester Letting Agent

Great letting agents make a world of difference to their clients.    They're star performers who keep tenancies running smoothly, properties well-maintained and landlords on the right side of the law.     But not all letting agents are equal. Unfortunately, a small minority are rogue operators with ulterior motives.    So how can landlords find a reputable, legit letting agent to manage their rental? Let's find out.    But first, a cautionary tale  This story, recently reported by the BBC, is a prime example of what can go wrong if you get hoodwinked by a rogue agent.    A [...]

August 12th, 2024|

How Letting Agents in Manchester Support Landlords and Tenants

A good letting agent can make a world of difference for both landlords and tenants.   Here are ten things a top-notch letting agent does to provide outstanding service:  Tenant Vetting and Screening A reliable letting agent conducts tenant screening (often called referencing) to ensure potential tenants are compatible with the financial obligations and responsibilities of the tenancy. Doing so reduces the risk of payment issues and helps support a harmonious tenancy for both tenant and landlord.  Property Marketing Savvy marketing is crucial for attracting quality tenants quickly. The best letting agents use professional photos and accurate descriptions, and advertise on [...]

August 6th, 2024|

Buying Your Manchester Rental Property: What You Need to Know

If you feel totally at home in your rental property, you may daydream about buying it from your landlord.    So, what issues come into play when you want to buy the property that you’re renting? Let’s take a look.    Be realistic    While it’s not unheard of for a tenant to buy their rental, it is uncommon.    One reason for this is timing: the tenant needs to be in a financial position to buy the property at the same point as the landlord is looking to sell.    Understand the commitment involved    There are benefits to [...]

July 29th, 2024|

How to Spot Bedbugs, Bird Mites and Other Creepy Crawlies at your Manchester Rental

There’s no room for complacency when it comes to dealing with insects in a rental property.    What can start as a minor inconvenience can quickly become a major issue, especially as summer is breeding season.    So, here’s a list of common bugs for tenants and landlords to keep an eye out for.    Bedbugs    Holidaymakers often inadvertently bring bedbugs home with them in their luggage (they are a common problem in the hotel industry).    The bloodsuckers look like red or brown seeds but can be hard to spot as they dislike light.     The first signs [...]

July 22nd, 2024|

Eight Things to Consider if a Tenant Abandons Your Manchester Rental

Property abandonment is a rare but complex issue that, if mishandled, can get a landlord in legal trouble.    So, let’s look at the key things to consider if a tenant abandons your rental without notice.    What is abandonment?    When a tenant leaves a rental before the end of their contract (usually without notifying the landlord), it’s called abandonment.    If a landlord suspects their tenant has ‘done a runner’, then it’s important that they follow these tips.    Talk to an expert    If you think you’re dealing with tenancy abandonment, speak to a professional (your letting [...]

July 8th, 2024|

The Impact of AI on Manchester Rental Sector: A Look Ahead

Artificial intelligence (AI) is making tsunami-like waves across various industries, and the UK rental sector is no exception.   For landlords, understanding how AI might shape the future of property management is important for maximising their investment and protecting their assets.  Here’s a glimpse into the potential changes AI could bring while also highlighting the importance of letting agents in handling the human aspects of renting out your property.  Smarter property management  AI can revolutionise property management by automating routine tasks. Smart maintenance systems powered by AI can predict when appliances need repairs before they break down. This proactive approach [...]

July 1st, 2024|

Three Weird Questions to Test the Knowledge of Manchester Landlords

When it comes to being a successful landlord, it pays to heed the words of Forrest Gump.    The slow-witted, kind-hearted fictional character played by Tom Hanks on the big screen uttered a phrase that should serve as a guiding motto for all landlords.  “Life is like a box of chocolates; you never know what you’re going to get.”    No matter how experienced and diligent you are as a landlord, you never know what unexpected dilemma is going to come your way.    And when a tenant throws you a curveball, it’s important that your response falls within the bounds of [...]

June 26th, 2024|

The Dos and Don’ts of Deposit Deductions: Advice for Manchester Landlords

When a tenancy ends, there’s often confusion – and sometimes disputes – over what a landlord can claim as a deposit deduction.  So, let’s look at what’s reasonable to claim and how to avoid deposit disputes in the first place.    A landlord can deduct funds from a tenant’s deposit to cover*:  Unpaid rent or bills.  Damage caused by negligence or recklessness. (The tenant should return the property in the same condition as at the start of a tenancy.)  Anything in the property at check-in that is missing at check-out, such as furniture, appliances and smaller items such as lampshades or [...]

June 17th, 2024|

Eleven Things to Do before You Move Out of Your Manchester Rental

As we all know, moving home can be a stressful business.    But you can avoid a frantic panic on the big day by starting your end-of-tenancy preparations sooner rather than later.    With a little bit of planning and forethought, you can streamline the process and avoid a last-minute scramble.    Once you’ve agreed on a moving date with your landlord or letting agent, follow this guide.    Check out your check-in report: Review the inventory you received on moving-in day. This will outline the property’s condition at the start of the tenancy. It’s your responsibility to return the property [...]

June 11th, 2024|

Creating a Child-Safe Home: A Guide for Manchester Residents

As it’s Child Safety Week*, here’s a handy reminder for Manchester homeowners about how to keep your precious little ones out of harm’s way.  Whether you’re a parent, grandparent or guardian, it’s important to ensure your home is child-proof.  Babies and children are infinitely curious and love climbing on furniture and grabbing and tasting whatever they can get their hands on.  So, here are seven practical tips to reduce the risk of accidents in your home and keep children safe.  Secure furniture and TVs: Furniture and TV tip-overs are surprisingly common and can cause nasty injuries and, in rare cases, [...]

June 7th, 2024|

Warning: Danger Ahead! The Rental Red Flags Manchester Landlords Should Heed

If you’re a landlord, you can probably think of nothing worse than your rental sitting empty.  The prospect of covering the mortgage and utility bills in between tenancies may keep you awake at night.  And there are security implications too: a lengthy void period may invalidate your landlord insurance and increase the risk of squatters moving in.  But in a desire to get new tenants in, it’s essential you don’t let your guard down.  Because while an empty rental is bad, having a tenant who is a fraudster or serial rent dodger is worse.  So, if you hear any of [...]

June 3rd, 2024|

Five Factors to Consider when Setting Rent in Manchester

Setting the correct rental price for your property is essential to attract the best tenants and maximise the return on your investment.   Too high, and you won’t get that all-important awareness and interest.   Too low, and you’ll be out of pocket.  Here are five key considerations every landlord should keep in mind when setting the rent for their rental property.  Market research: Before setting your rent, make sure you understand the local rental market in your area. Look at similar properties in terms of size, location and amenities to gauge an appropriate price range. Search online property portals and [...]

May 20th, 2024|

The Biggest Challenge Facing Manchester Landlords Today – And How to Tackle It

One issue, above all else, causes landlords sleepless nights. Can you guess what it is?    Could it be maintenance and repairs? Or maybe it’s worrying about the rent being paid on time?    If you answered one of the above, thanks for playing, but you’re mistaken.    The biggest challenge landlords currently face is abiding by government regulations.    In a recent survey*, 67.5% of landlords said complying with red tape was their most significant hurdle. (This figure was up from 39% the year before, a clear indication of growing concern about the issue.)    And when you think [...]

May 14th, 2024|

How Landlords in Manchester Can ‘Grow’ Trust with Tenants

Gardens can boost a rental property’s appeal, often making it more attractive to potential tenants – especially during May, as spring is here and summer is around the corner.  But, as beneficial as they may be, gardens can also be a source of friction between landlords and tenants, particularly when it comes to maintenance responsibilities.   To skilfully swerve such disputes, landlords should adopt a proactive approach.   Here are five straightforward strategies to help keep your garden an asset, not a liability.  1.Simplify garden designs  Choose garden designs that are both appealing and easy to maintain. Opt for plants that require [...]

May 6th, 2024|

How Mortgages Differ around the World – A Guide for Manchester Homeowners

If you’re paying off a mortgage on a property in Manchester, you’ll be well aware of how the mortgage market works in the UK.    But how do they do things in the rest of the world?    Let’s look at how people in other countries get on the housing ladder.    The Netherlands    While UK lenders offer the choice of a fixed-rate or variable mortgage, the Dutch do things differently.    A Dutch-style mortgage is a long-term deal (typically 20 to 30 years) in which the interest rate automatically decreases as the loan is paid down.    This means the [...]

April 26th, 2024|

Top Tips for Attracting High-Quality Tenants in Manchester

Some landlords, actually many, have an ‘if it ain’t broke, don’t fix it’ approach to their rental property’s upkeep.  But by proactively refurbishing and modernising your rental properties, you can realise a host of benefits that will attract premium tenants and add long-term value to your investment.  Here are seven ways why, and how, astute property upgrades benefit forward-thinking landlords.  Attract premium tenants: By upgrading your rental, you ensure it meets high standards, making it more likely to be rented quickly, thus minimising those dreaded void periods.  Create better landlord-tenant relations: A well-cared-for property often inspires respect and care in [...]

April 22nd, 2024|

How Manchester Landlords Can Get the Best from Their Letting Agent

If you’re a landlord looking to save time and money (and let’s face it, who isn’t?), a good letting agent can be a game-changer.    They’ll manage your rental property day to day (so you’re free to focus on your other responsibilities), regularly check in with your tenants (to ensure there are no issues) and remind you of your legal obligations.    A top letting agent can also look ahead and, drawing on their industry experience, advise you on your long-term investment strategy.    But, as with all business relationships, communication is key. When there is clarity and mutual understanding, [...]

April 15th, 2024|

Managing and Reducing Void Periods in Manchester

Owning a rental property isn’t just about what happens while tenants are in place; effectively managing periods when your property is unoccupied is equally important.   Every landlord faces void periods as a natural part of property letting, making it essential to prepare financially and strategically to manage its impact.  Void periods mean not only the loss of rental income but also the burden of continuing to pay the mortgage, utilities (including standing charges) and council tax without money coming in from tenants.  It was once common for local councils to offer a grace period for council tax on empty properties, [...]

April 1st, 2024|

How to Protect Your Manchester Rental from This Common Cause of Property Damage

What’s the most common reason for landlords finding themselves in hot water and needing to make an insurance claim?    The answer, according to one insurance company* at least, is ‘escape of water’. This term covers everything from burst pipes and defective washing machines to leaky loos and dripping taps.    In a recent report, the firm revealed that 35.5% of all claims paid to landlords were related to water damage.    And while most claims totalled a few thousand pounds**, some were for much, much more. (Spare a thought for the landlord who had to claim £145,000 after a [...]

March 25th, 2024|

What You Need to Know if You Inherit a Rental Property in Manchester

If you’ve just inherited a rental property, then you may be wondering what your options are.    While you won’t need to make any decisions on the spot (it usually takes many months to settle an estate), it’s good to start thinking about the issues you’ll have to address in time.    The first is what you intend to do with the property. Assuming you don’t want to move in yourself, your options are to:   Continue to rent the property out. That way, you’ll earn a monthly income and have a long-term investment that you could later pass [...]

March 18th, 2024|

FAO Manchester Landlords: What Makes a Property a Good Investment?

There are five fundamentals to consider when thinking of buying a rental property.  Whether you’re a seasoned investor or taking your first step into the rental property market, make sure you understand what makes a place a good investment.   Here are five points to consider carefully:  Location, location, location. The age-old mantra is as relevant as ever. A property’s location can significantly impact its desirability and, consequently, its value. Look for areas with strong growth potential, good infrastructure and accessibility to amenities like shops, good schools and public transport. Up-and-coming neighbourhoods or those in the regeneration process may offer particularly [...]

March 11th, 2024|

Home Improvement Scam Alert for Manchester Householders

Property owners are being warned to be on their guard amid a rise in the number of green home improvement scams across the country.    Many local authorities and also Propertymark, the trade body for estate agents, have warned that people are being duped by rogue traders exploiting anxiety about high energy prices and confusion over green grants.    What to look out for    Often, a cold caller will ring or knock, offering exterior wall and roof coating products with the promise that they will cure damp problems and dramatically cut energy costs.     In reality, the ‘improvements’ guarantee [...]

March 8th, 2024|

FAO Manchester Landlords: Five Key Checks for Your Rental Property

Maintaining a rental property in Manchester isn’t just about collecting rent; it’s about safeguarding your investment and keeping your tenants happy and safe.   That’s why regular property inspections are so crucial.   They help you spot potential issues before they become costly repairs and ensure your property remains a place people are proud to call their home.   Here’s the lowdown on the five key areas you need to focus on during your inspections:  Structural integrity: Let’s talk about the ‘bones’ of your property. Look for any cracks in the walls and ceilings. Also, checking the roof for missing tiles or leaks [...]

March 4th, 2024|

Top Renovation Tips for Manchester Landlords

Planning to renovate your rental? There’s one thing you should know before you start pulling up carpets or ripping out cabinets.    It will help you avoid a costly and avoidable mistake that many landlords make, and it’s this.    Don’t let your emotions cloud your decision-making.    It sounds simple, but you’d be surprised how many landlords lose sight of the fact that they’re supposed to be making business decisions. As a result, they do one or more of these things:   Spend more than they need to.  Spend cash in the wrong areas.  Wind up with a longer [...]

February 28th, 2024|

FAO Manchester Landlords: The Five Mistakes You Can’t Afford to Make

Being a landlord is rewarding, but it comes with its own set of challenges and responsibilities.  Over the years, we’ve seen and helped solve most of the mistakes landlords can make.  To help you navigate this complex terrain, here are the five most common mistakes we’ve encountered and how to avoid them, ensuring a more profitable and stress-free experience.         1. Neglecting property maintenance  One of the gravest errors is failing to maintain the property. This leads to disgruntled tenants and costly repairs down the line. Prevent this by scheduling regular check-ups and addressing issues promptly.      [...]

February 19th, 2024|

What Manchester Couples Need to Know before Moving In Together

If talk between you and your partner this Valentine’s Day turns to living together, there are a few practical things you should know first.    Here at Myhouse Agents, we pride ourselves on being as helpful as possible.    But dishing out relationship advice is a step too far – even for us.    So, if you’re considering moving in with your partner, we’ll leave the big decisions and lovey-dovey stuff down to you.    However, if you decide to co-habit, we have some useful, albeit unromantic, advice for you.    It’s based on insights we’ve gained over the years from [...]

February 12th, 2024|

Renters Reform Bill: An Update for Manchester Landlords

After years in the making, it looks like the Renters Reform Bill – the biggest shake-up of the private rental sector in decades – will become a reality in 2024.    So, how much do you know about this wide-reaching set of proposals, and are you ready for them?    Be prepared    Perhaps you’ve read a few articles about the bill but have put off getting to grips with the details (after all, politicians put forward all sorts of proposals, many of which never happen).    Or maybe you’ve taken the ostrich approach, hoping it will go away.  [...]

February 5th, 2024|

Say Goodbye to Condensation: Quick Tips for Manchester Tenants

In the winter, we’re guaranteed a few things. It’ll be raining when we least want it to. A local postie will still be wearing shorts, no matter how cold it is. And condensation will appear at some point – often in our homes. While you can’t do anything about the weather (or the postie’s clothing choices), you can take some simple steps to combat condensation. We’ve come up with seven quick fixes that can dramatically reduce the risk of condensation, ensuring your home stays fresh and clean. Consider using portable dehumidifiers, particularly in high-moisture areas like kitchens and bathrooms. These [...]

January 29th, 2024|

Simple Ways to Bring More Sunlight into Your Manchester Home

Who doesn’t love it when the sun’s out?  Well, apart from vampires, mushrooms and raincoat makers.  But seriously, natural light, especially sunlight, has significant mood-enhancing effects on our minds and homes.  For homeowners and residents, understanding how to harness this natural marvel in home design isn’t just about aesthetics but also a step towards a healthier lifestyle.  Let’s discover more.  Why sunshine is significant: The health benefits of natural light  Natural light is a natural mood enhancer. Exposure to sunlight increases the brain’s release of a hormone called serotonin, which is linked with boosting mood and aiding a person to [...]

January 26th, 2024|

How to Spot the Signs of Illegal Subletting at Your Manchester Rental

Did you know that one in ten tenants admit to illegally subletting their rental property*?    The practice is even more common among young people; in a recent survey, 25% of tenants aged 18 to 24 confessed to secretly subletting all or part of their rental.    So why should landlords be concerned about illegal subletting? After all, if the rent still gets paid on time, what’s the problem? Here are a few reasons.   You have no idea who is living in your property and what kind of illegal or unwise activities they’re undertaking.  It can breach the [...]

January 22nd, 2024|

Crisis-Proof Your Property: What Every Manchester Landlord Needs

As any experienced letting agent or landlord can advise you, ‘expect the unexpected’ when it comes to rental properties. And that’s why it pays to follow the Scouts’ motto and “be prepared”. Being prepared for any eventuality can mean the difference between a minor hiccup and a full-blown catastrophe if you’re a landlord. With that in mind, we’ve created a Landlord Emergency Kit. Let’s dive into five essentials that can save the day. Back-up keys Locked-out tenants? Spare keys can quickly resolve this common issue. Store them in a secure yet easily accessible place, and always have duplicates for all [...]

November 27th, 2023|

The Simple Way to Help Safeguard Your Manchester Property from Fraudsters

The expression ‘safe as houses’ has been used for almost two centuries to describe something that is rock-solid and risk-free.    But thanks to the elaborate efforts of a small but growing number of fraudsters, not even property is as safe as you think.    Since the pandemic, there’s been a steady increase in what’s known as Title Fraud or House Hijacking. This crime involves an elaborate ruse where a fraudster poses as the homeowner (after knocking up fake ID and documents) and sells it to an unwitting buyer.    Often, the scammer targets cash buyers (to avoid scrutiny from [...]

November 13th, 2023|

Declaring Details: How Correct Information Can Save Manchester Landlords Thousands

For Manchester landlords, having the right insurance coverage is not just a box to tick. It’s an essential safeguard for your investments.   But simply having insurance is not enough; understanding the policy’s specific requirements and declaring everything accurately is crucial.   In the following cautionary tale, we’ll explore a real-life incident involving a landlord who learned this lesson the hard way.   The names and details have been changed, but the lessons remain valuable for all landlords.  The story  A diligent landlord, let’s call him Martin, was confident he had secured the right landlord’s policy with a reputable insurance company.  He was [...]

October 23rd, 2023|

Is Your Manchester Rental Being Used for Illegal Activity? Here are the Signs to Watch Out for

It’s every landlord’s worst nightmare: you discover the people you thought were trusted tenants are actually crooks using your property for illegal activity.    As a result, you face hefty repair bills, loss of income and a battle with your insurer. You may also find yourself at the centre of a police investigation.    Now, this is a worst-case scenario; most tenants are law-abiding, so there’s no need to panic.     But it’s still worth being on your guard for the signs that something isn’t quite right at your rental.    If you juggle managing a tenancy with a busy schedule, [...]

October 16th, 2023|

Manchester Landlord’s Guide to Finding Tradespeople You Can Trust

It’s up there with late rents, messy tenants and broken boilers on a landlord’s Headache-ometer.  What are we talking about?   Finding (and keeping) tradespeople you can trust to look after any property maintenance or issues landlords need to get sorted.  In this article, we share five tried, tested and trustworthy tips on how to find the very best and swerve the unreliable rest.  Tip #1: Know your needs  Understanding what you require is the first step. Is it a leaky tap or a major renovation? Assessing the job’s complexity will help you choose between a handyperson and a specialist.   Tip [...]

October 2nd, 2023|

How to Be a Pet-Friendly Landlord in Manchester

If you’re a landlord looking to attract long-term tenants, it’s worth thinking about ways to make your investment property as appealing as possible.     And one area you may have overlooked is the army of British pet owners who need a rental property, and want to make their furry friends as comfy as possible.     Unfortunately, over the years, many landlords have been known to refuse pet owners, perhaps due to worries about damage or general unsuitability for a property.     Many pet owners tend to stay put in a rental as it can be difficult to find somewhere suitable. [...]

September 25th, 2023|

Why It Could Be Better to Rent Out Your Property Rather Than Sell

If you’re fortunate enough to be in a financial position where you can rent out your home instead of selling it, should you take the leap?   After all, if you don’t need to sell to fund your next move, renting your property is an option worth exploring.   Here, we explore the dilemma of renting out a property instead of selling it.   Timing   As we all know, property sales can take time. There are lots of hoops to jump through and boxes to tick before you get that money into your bank account. If you’re moving away [...]

September 18th, 2023|

What to Consider When You’re Pricing Your Manchester Rental

If you’re a first-time landlord about to rent out a property, or an established landlord looking to purchase a new investment, one of the main questions you’ll have is how much rent you can charge per month.      Of course, you can (and should) take the advice of your agent, but it’s also worth understanding exactly what factors impact the amount of rent you can sensibly charge.     In this quick read, we explore the factors you need to consider before pricing your rental property.     Compare    The first thing to look for is properties that are similar to [...]

September 11th, 2023|

Why Property Inspections Could Save You Money

As a landlord, you’ve probably experienced that feeling of dread when your tenant’s name flashes up on your phone, reporting a problem.     Or how about the horror of receiving the news that you’re going to have to pay for urgent (and expensive) repairs?     If either of these situations sound familiar, it could mean you’re not inspecting your rentals enough.    Being a landlord isn’t just about buying a property and raking in the rent. It’s a difficult job that requires attention to detail, making sure you’re meeting legal obligations, and ensuring your tenants are enjoying a safe living [...]

September 6th, 2023|

Should You Invest in a Turnkey Buy-to-Let or a Renovation Project in Manchester?

Whether you’re an established landlord or a first-time investor, you’ll probably be thinking about what to buy: a ready-to-go rental or a doer-upper. Which one should you pick?     Currently, lots of changes are being made around rental rules, and reports claim that many landlords are selling up. However, there are still plenty of investors making their move into the rental space. And with the UK facing a possible decline in house prices, now may be the right time for you.     But what do you buy?     A turnkey rental is one that is ready for tenants to move [...]

August 28th, 2023|

How to Make the End of Manchester Tenancy Run Smoothly

As a landlord, one of your main goals is to make sure your property is tenanted. As soon as the old tenants decide they’re moving on, it’s time to find new renters to move in.     But while you’ll be keen for a quick turnaround, it’s also important that things are done properly (cutting corners will cause you problems in the long run).    Not only will you want to end the initial tenancy correctly, but you’ll also want to start the next one off on the right foot.     In this quick read, we look at how to ensure [...]

August 21st, 2023|

Top Rules for a Happy Manchester House Share

Renting a property with a friend or acquaintance? Never lived with anyone before? We’ve got you covered with some top tips to help manage your new living situation.    These days, renting isn’t cheap and whether you’re a student or professional, those monthly payments can feel like a stretch. So, if you’re about to move in with a flatmate, it’s worth sticking to some basic rules to make sure your tenancy works out for the both of you.     In this quick read, we look at ways to make your flat share feel like a happy home.     Understand Your [...]

August 14th, 2023|

Why a DIY Tenancy Agreement Could Be Disastrous for Manchester Landlords

Why a DIY Tenancy Agreement Could Be Disastrous for Manchester Landlords    Type ‘tenancy agreement’ into Google and you’ll get thousands of results offering free online templates and guides to writing your own rental contract.    So why bother using a letting agent to sort out the tenancy agreement if you can do it yourself? What could possibly go wrong?    Well, quite a lot. Hastily downloading a template from the internet and high-fiving yourself for a job well done could prove to be a costly mistake.    It might not become apparent for months or even years, but if [...]

August 7th, 2023|

Great Storage Tips to Help You Declutter Your Manchester Home

Close your eyes and picture your dream home. What do you see?    A home that’s light, spacious and orderly? Or one that’s chaotic and cluttered with objects piled high and shoes and clothes strewn on the floor (along with bits of Lego that you inevitably tread on).    The first scenario is the one that most people aspire to – and for good reason.    Research shows that when our environment is tidy, we’re less anxious and more productive. In contrast, we feel more distracted and stressed when everything around us is in disarray.    But creating a mess-free, [...]

August 4th, 2023|

How to Make Your Manchester Tenancy a Happy One

As a landlord, as well as managing the finances, the property, and any repairs or maintenance, you must also remember to look after your tenants. While nine times out of ten you’ll never have to deal with anything too difficult, sometimes relationships can be testing.    So, what’s the best way to deal with issues that arise during a tenancy? In this quick read, we look at ways to deal with such problems.    Help avoid fall-outs     You can’t control the arguments that arise between tenants; however, you can try to avoid future rows by setting out clear advice [...]

July 31st, 2023|

Why Self-Managing Your Manchester Rental Could Be a Costly Mistake

Why Self-Managing Your Manchester Rental Could Be a Costly Mistake    Not since 2008, when Katy Perry stormed the music charts and Gavin and Stacey ruled the small screen, have interest rates been as high as they are today.    As a result, many mortgage holders are looking for ways to trim their outgoings to ease the financial burden.    Homeowners are putting DIY projects on the back burner and reducing their spending on   holidays and takeaways, while some buy-to-let landlords are toying with the idea of self-managing their rental portfolio (despite the fact agent fees are tax deductible).    But while [...]

July 24th, 2023|

Choosing a Letting Agent: What Manchester Landlords Need to Know

How can you spot a top letting agent from a master of mediocrity? Read on to find out.    Landlords use letting agents for all sorts of reasons.    Some need help navigating red tape and lettings legislation, while others want a third party to deal with inspections, inventories and disputes.    And some just want peace of mind and to know that their investment property is being managed by a safe pair of hands.    Whatever your motivation as a landlord, once you’ve decided to use a letting agent, it’s important to choose a good one.    Here are [...]

July 17th, 2023|

Renting a Property in Manchester? Find Out How to Get Your Repairs Sorted

Problems in the home are a nuisance. Like when you’ve got a leaky tap and the drip drip drip drives you to distraction, or when your fridge packs up and food goes to waste. When things go wrong, it’s understandable you want them fixed ASAP. But what if you’re a tenant? What’s the best way to get an issue resolved?     Repairs and maintenance in a rental property are usually a landlord’s responsibility. As a tenant, you’ve got to wait until they sort it out, so what’s the best way to communicate with your landlord? How can you get them [...]

July 3rd, 2023|

How Manchester Landlords Can Ensure a Tenancy Gets Off to a Good Start

If you’re a landlord about to settle a new tenant into a property, there’s one phrase that should be your guiding mantra: “Start as you mean to go on”.   Because what you do in the early stages of a tenancy will help define what unfolds over the next weeks, months and possibly years.  Get things right, and you’ll build the foundations of a long and successful tenant-landlord relationship (the kind that all landlords dream of).  Get it wrong, and you could be in for a bumpy ride that absorbs much of your time and energy and leaves you stressed and [...]

June 19th, 2023|

Refill and Recycle: How You Can Reduce Waste in Manchester

Recycling is part of our everyday lives: at home, in the workplace, at school, in cafés and restaurants. We’re all more aware than ever of the importance of recycling, but how about stepping up a gear and really trying to reduce our use of plastic?     Ask yourself this, and answer honestly. Do you do enough to protect the environment?      Well, 16 June is the perfect opportunity as it’s World Refill Day – a global campaign to prevent plastic pollution and help people live with less waste. So, how can you get involved? According to the brains behind [...]

June 16th, 2023|

Why Renting in Manchester Could Be the Best Choice for You

The pitfalls of renting are always shouted about: too expensive, dodgy landlords, broken appliances and so on and so on. But what about the positives?     With rental reforms on the horizon and changes to eviction rules in full swing, let’s explore why being a tenant is the best choice for some people.     According to research by the HomeOwners Alliance, 86% of people want to own their own home. But sometimes, the dream of buying just doesn’t make sense. High interest rates, a lack of savings and additional costs can put that first step on the property ladder out [...]

June 12th, 2023|

What Manchester Landlords and Tenants Need to Know about Home Security

It’s not just birds, bees and butterflies that come out in force in summer – unfortunately, burglars step up their activity, too.    With many people going away on holiday (leaving homes empty) and others opening their windows and doors when temperatures rise, burglary rates spike in summer.    So, how can tenants and landlords stay one step ahead of the crooks and avoid the financial and psychological cost of a break-in? The answer is to be vigilant and work together.    Tips for tenants     Always check that you’ve locked all windows and doors before leaving home.  If the [...]

May 30th, 2023|

Guide to Garden Maintenance for Manchester Landlords and Tenants

Garden maintenance can be a thorny issue between tenants and landlords, so here’s a useful guide to help avoid confusion.  Now that spring is here, there are lots of tasks to be done in the garden, such as watering, weeding and mowing.  But if the garden is part of a rental property, who is responsible for doing them?  That’s a question that has vexed many tenants and landlords over the years (garden maintenance is the cause of about a quarter of all deposit disputes*).  So, here’s an outline of responsibilities for maintaining outdoor areas at a rental property.  But first… [...]

May 22nd, 2023|

Update: What the Renters’ Reform Bill Means for Manchester Landlords

After a four-year wait and lots of speculation, a wide-ranging plan to overhaul the rental sector was finally presented to Parliament this week.  The Renters’ Reform Bill includes changes to eviction laws, the creation of a Private Rental Ombudsman to resolve disputes and measures to speed up the existing court process.  The bill will now be scrutinised by MPs and members of the House of Lords, so is subject to change.  But here’s a brief rundown of the proposals as they stand and what they mean for landlords.   If, after reading it, you’d like to have a more detailed conversation [...]

May 20th, 2023|

What Manchester Landlords Need to Know about Condensation and Mould

How can landlords and tenants combat condensation and mould? Read on to find out. Condensation and mould The two are often bundled together because if you’ve got condensation, there’s a good chance it won’t be long before you’re battling mould. Condensation can be caused by warm air hitting cold surfaces or by lots of humidity in the air. The air cools and droplets form, creating a damp environment – and a perfect breeding ground for mould. Mould grows in black, green or brown spots. It’s most commonly found in bathrooms and kitchens but can thrive in any damp or humid [...]

May 15th, 2023|

Five Ways to Be a Great Manchester Landlord

As a landlord in 2023, it’s fair to say there are a lot of challenges on the horizon. From changes to rental rules, tax upheaval, mortgage mayhem… it’s all going on.     But the first thing to remember is your tenants and their experience of your property. It’s all too easy to move new people into your vacant rental and forget about them until a problem arises. So why not try and make the tenancy run as smoothly as possible from the outset?    In this three-minute read, we look at five priorities a landlord should consider.     Create a [...]

May 8th, 2023|

How to Stop Vermin Invading Your Manchester Home

What’s cute, has a bushy tail and could cause thousands of pounds worth of damage to a rental property? Unfortunately, as sweet as they may seem, squirrels and their nests can be a nightmare for landlords and tenants.    Once those little grey beasts make themselves at home in a property, you’ve got trouble ahead. A report by general insurers LV= found that claims caused by squirrel infestations jumped up by 51% last year.     Why do the furry critters do so much damage? Squirrels’ teeth never stop growing, so they chew and chew and chew some more to file [...]

May 2nd, 2023|

How the Cost-of-Living Crisis Is Impacting Manchester Rents

You can’t open a newspaper (or app) without seeing something about the UK rental market. Whether it’s the increase in demand for property, changes to rent rules or landlords selling up – rentals are getting a lot of attention.   And one matter that is causing a lot of controversy is the issue of rising rent. In a cost-of-living crisis, the increase in monthly rent is understandably worrisome for tenants, but are landlords really to blame?   Owning investment property is a business, and for many full-time landlords, it’s their sole source of income. The same applies to one-off or [...]

April 24th, 2023|

Feng Shui: Could It Bring Harmony to Your Home in Manchester?

The ancient Chinese practice of feng shui literally means ‘wind’ and ‘water’. So, is it a valuable guide for harmonious living or a load of hot air?     Even if you don’t know exactly what feng shui is all about, you’ve probably heard LA celebrities and interior designers extolling the virtues of it.    So if it works for Bill Gates, Madonna and George Clooney, could feng shui work for you? Here’s a rundown of the basics.    History    Feng shui is the practice of arranging work and living spaces to create harmony, and dates back to China 4,000 years ago.  [...]

April 21st, 2023|

How Manchester Landlords Can Manage and Minimise Void Periods

Success as a landlord doesn’t just centre around what you do when your property is tenanted. How you manage your rental when it’s empty is also crucial.    All landlords have to contend with void periods – they’re an inevitable part of having a buy-to-let.    So, it’s wise to budget for the costs associated with void periods and take precautions to stop them dragging on.    That’s because when your property is empty, not only will you be missing out on rent, you’ll also have to cover the mortgage and utility bills (you’ll need to heat your property to [...]

April 17th, 2023|

How to Prepare for an End-of-Tenancy Inspection in Manchester

It’s widely recognised that moving house is one of the most stressful (and annoying) life events you can experience.    If you’re nearing the end of a tenancy agreement, there are a few things you can do to ensure your check-out inspection goes well and (upon moving out) you get your tenancy deposit back in full.     In this quick read, we go through ways to make moving out easier for you and your landlord.     Report issues or breakages early    Let your landlord or managing agent know in advance of any damage that has occurred – whether it’s [...]

April 11th, 2023|

Four Ways to Reduce the Stress of Being a Manchester Landlord

Being a landlord is one of those jobs where there’s no middle ground. It’s either low stress with great tenants and affordable mortgage rates, or it’s the total opposite: high stress, broken appliances, tenancy challenges and ever-increasing costs.     When a property is vacant, there’s worry about how long it will take to find new residents. When new tenants move in, there’s the stress of managing the rent payments, and then there’s the constant anxiety about a boiler breakdown or major leak.     As April is Stress Awareness Month, there’s no better time to look at a few ways you [...]

April 3rd, 2023|

How to Keep Your Manchester Home Safe

Some days, it’s like your home is a minefield of accidents just waiting to happen. You trip up the stairs with a pile of washing in your arms, you break your favourite mug, and to top it all off, you burn the toast. Not fun.     While everyone wants a home that is safe and hazard-free, sometimes little mishaps can cause a whole lot of bother. So, how can we make our homes safer for all?     In this quick read, we look at some of the most common accidents that can happen at home and share some tips to [...]

March 31st, 2023|

A Guide to Adapting Your Manchester Rental for Older Tenants

Older tenants are a growing force in the private rental sector, so is it time for savvy landlords to proactively target this demographic?    It’s one of the most striking trends in the housing sector over the past decade.    Between 2011 and 2021, the number of tenants aged between 45 and 64 skyrocketed by 70%, while those over 65 jumped by 38%.*    A third of renters are now over 45. And due to high property prices and the challenges of getting a mortgage later in life, many in this group will stay renters their whole lives.    What [...]

March 27th, 2023|

How to Make Sure Your Manchester Rental Property Is Safe

Many people are under the assumption that being a landlord is an easy ride. Get your tenants in, collect the monthly rent and that’s it, you’re laughing. Sounds like a dream… Unfortunately, it’s far from the truth, as most experienced landlords and agents will tell you.     Unless you’re lucky enough to have long-term tenants, every time a new lot of renters move in, there are lots of checks to be made, forms to sign, letters to send and on it goes.     One thing that should never be ignored or delayed are your annual safety checks. As a landlord, [...]

March 20th, 2023|

Important Reasons Landlords has to do Legionella Risk Assessments in their Rental Property

As a landlord, you have many responsibilities when it comes to the safety of your tenants. One of the less well-known, but still vitally important, responsibilities is ensuring that your properties are free from Legionella bacteria. This is why a Legionella risk assessment is essential for any landlord. Here are some of the reasons why: It's a legal requirement under UK Law Landlords are required to assess the risk of Legionella in their properties and take appropriate measures to control any risks identified. Failure to comply with these regulations could result in legal action, including large fines and even [...]

March 19th, 2023|

What You Need to Know if Your Manchester Landlord Decides to Sell Your Rental Property

As a tenant living in a rental property, you need to be aware of your rights. Fortunately, due to recent reforms in legislation, you’re now more protected than ever when it comes to matters of eviction and deposits. But what if your landlord tells you they’re planning to sell the property where you live?     First things first, don’t panic. If you’ve signed a tenancy agreement, your landlord must stick to it, even if they’re planning to sell the property.     In this quick read, we look at some questions you might have if your landlord decides to sell.    [...]

March 13th, 2023|

Eight Reasons Why Manchester Landlords Should Refurbish Their Buy-to-Lets

“If it ain’t broke, don’t fix it.” That’s the view some landlords take on the question of renovating a buy-to-let.     They do the absolute minimum in terms of maintenance and repairs and only manage to meet their legal obligations by the skin of their teeth.     The décor is shabby and tenant turnover is high, but hey, they’re saving every possible penny, so they feel rather pleased with themselves.    So, is this the best way to get the most out of your property investment?    We’d argue that instead of running your buy-to-let down to its bare [...]

March 6th, 2023|

Should You Include Bills in Your Monthly Rent for Your Manchester Property?

Tenants’ needs and wants are always changing. A decade ago, broadband was a luxury, now it’s a necessity. Since the pandemic, properties with outside space are more popular than ever. So how can you make your rental property as attractive to tenants as possible?     Recent research by property bods at Rightmove has found that ‘bills included’ is now one of the most popular search terms currently used by prospective tenants, overtaking ‘pets’ and ‘garden’, marking yet another change in what renters want.     What does this mean for private landlords? Many landlords running Houses of Multiple Occupation offer bills [...]

February 27th, 2023|

Want to Live Happily Ever After? Don’t Fall for This Common Property Fairy Tale

As 26 February is Fairy Tale Day (yes, it’s a real thing), let’s look at the most common property fairy tale and how falling for it can cost you time and money.    We love a good fairy tale as much as the next person. Whether it’s a frog that morphs into a prince or a feline in fancy footwear, these stories have stood the test of time for a reason – they’re imaginative and entertaining.    But when it comes to helping people make their next big property move in real life, we think it’s best to save the [...]

February 24th, 2023|

Turn Your Manchester Rental Property into Somewhere You Love

Whether your rental property is a blank space you just sleep in, or it’s a new family property, it’s important to make it feel like home. So, how can you fall in love with your rental without breaching tenancy rules?     You could be a long-term renter or maybe a flat-sharer, but one thing is for sure, making the space your own will immediately change the way it looks and feels.     In this quick read, we look at ways to love your rental without falling foul of any tenancy agreement rules and stipulations.     Check what’s allowed     Before [...]

February 13th, 2023|

How to Manage Multiple Rental Properties

How do portfolio landlords deal with the multitude of tasks and mountains of red tape that come with managing several properties? Read on to find out.    Owning a portfolio of rental properties can be a great way to earn income and build up a tidy nest egg for the future. But be warned: you can’t afford to wing it.    If you’re disorganised with deposits, rent payments, inventories and maintenance, you’ll wind up out of pocket.    And if you don’t keep up with the hundreds of rules and regulations that apply to landlords, you could be fined [...]

February 10th, 2023|
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