If you are trying to decide whether to let your property furnished or unfurnished, there are a number of factors you should to take into account such as property type, tenant demand, the overall risks and responsibilities involved and rental return.
If you are thinking about renting out a property, there are a significant number of statutory and regulatory requirements that you need to meet as a landlord. In fact, there are around 150 laws, and over 400 regulations, that need to be followed to legally let a property in England and Wales.
In a recent blog, we gave consideration to the potential impact COVD-19 could have on the residential sales market for the balance of 2020. In this article, we take a look at what affect COVID-19 salary cuts and furlough schemes might have on tenant earnings and the corresponding impact on the affordability in the residential rental market.
We are often asked by landlords whether they should allow pets in property they are letting out. The answer is unfortunately, “it depends”. Not very helpful we know. However, we do provide some guidance below to assist landlords in making an informed decision about whether to permit a tenant to keep a pet.
The Government has permitted property transactions to resume in England with effect fro the 12th of May 2020 following almost two months of lockdown which brought the lettings and property management market largely to a standstill and also put all but essential property repairs on hold.