For landlords in student-dominated towns all over the country, that means the traditional yearly changeover, with a new intake of student tenants that have been let loose from mum and dad and are living alone for the first time. How can landlords make sure their properties are prepare for the influx of students, and what steps can they take to ensure a successful tenancy all-round?
Property Investment Terminology, Explained
The private property rental market is booming, yet according to the latest research, landlords remain alarmingly ignorant when it comes to industry terminology. Studies revealed that just 24% of landlords know what ‘return on investment’ means, 26% know what ‘gross yield’ is and just 12% could identify what ‘gross profit’ means. To clear up the confusion, we’ve put together an explanation of some common property investment terminology that every landlord should know.
The Comprehensive Guide To Rent Guarantee Insurance
While the number of British households currently in rent arrears is down from last year’s figures, 68,000 landlords across the nation are still facing missed payments. If you’re a landlord and rely on rent to pay off a mortgage or cover other essential expenses, this can be a dire situation to be in. As such, rent loss insurance has emerged as a popular choice for an increasing number of landlords who can’t afford to miss out on any rental payments. To give you a better understanding of the concept, we’ve put together this brief overview covering everything you need to know about rent guarantee insurance.