Tag: #ashtonuponmersey
How to Get ‘Rent Ready’ before You Start Your Manchester Property Search
Stand out in Manchester’s competitive rental market by being ‘rent ready’ with all documentation and deposits prepared for a smooth move-in process.
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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, [...]
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 [...]
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 [...]
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 [...]
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. [...]
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 [...]
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 [...]
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 [...]
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. [...]
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 [...]
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 [...]
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 [...]
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 [...]
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… [...]
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 [...]
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 [...]
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 [...]
Why Property Management is Value for Money for Landlords
As a landlord, you might have invested in property for additional income; maybe it’s a way to save for your future, or perhaps you’re an accidental landlord and had to rent your property out due to a change in circumstances. Whatever the reason, it’s a safe bet that you want to make a good return on your investment. But while you’re happy to use a letting agent to find tenants, when it comes down to it, you just can’t bring yourself to pay them to manage the property for you. This might just be one of your biggest mistakes. In [...]
How Manchester Homeowners Can Take Their Garden to the Next Level
If you’re planning to entertain friends or family at home this summer, check out the latest must-have garden gadgets and accessories. A two-minute read. Spending time in your own garden, be it pottering around alone or entertaining family and friends, is one of the true joys of summer. And there’s a host of products on the market to help you make the most of the experience. Here’s a list of what is proving popular at the moment. Garden fireballs – Fire pits were a hit last summer, but this year, it’s all about the fireball. Like a [...]
All You Need to Know about Double Glazing for Your Manchester home
Before you were a property owner, chances are windows were something you just looked out of to take in the view. You probably didn’t give them much thought and you might have cleaned them occasionally. That was it. Now, as a homeowner, your single, double, or triple glazing means so much more. And if you’re about to renovate a property or upgrade your windows, it’s worth diving into the fascinating world of double glazing to find out more. (Honestly, it’s pretty interesting.) In this quick read, we look at different types of windows and why they matter, especially [...]
