Just a Small Increase in Late Rental Payments Amid Coronavirus Lockdown

At a time when lockdown rules have seen numerous employees lose some or all of their income due to being furloughed or even losing their job, research suggests the number of rents that are being paid late has risen by only a small proportion. That means that even though times are tough for many UK residents, the vast majority are still managing to pay their rent or have come to an agreement with their landlord.

Investing in Rental Properties, A Beginner's Guide

Investing in a buy-to-let property is a big commitment, but one that pays real dividends - literally. This week we are going to take a look at some of the things one should consider when investing in a rental property, from financing to the type of tenants you are targeting.

Highest Number of Tenancy Renewals in March Since 2008

The latest research shows that tenancy renewals for the month of March were the highest in over 10 years, as tenants opted to stay put during the coronavirus lockdown. In addition, there were more rental properties available in March than February, leading some experts to believe that despite signs rental demand will increase post-lockdown, rents could decline by more than 2% due to the number of job losses and wage cuts tenants across the UK will likely face.

Ways to Pay - Alternatives to Paying Your Rent by Cash or Bank Transfer

Banking has seen some revolutionary changes in the last few years - mobile banking has become second nature and we have seen a move away from traditional banks to ones operating almost entirely online. Now is the perfect time for landlords to revamp their rent collection and collect rent quickly and easily at the touch of a button. 

This week, we are going to take a look at alternative rent payment options landlords and tenants can use. 

UK Lettings Market Could "Explode" in the Second Half of 2020

A recent report suggests that rather than slowing down in the second half of the year, which is typical for the UK's lettings market, it's possible it could gain pace and 'explode quite quickly' once there's more certainty and lock down measures are eased and eventually removed.

Do Landlords Need to be better Educated on the Benefit System?

In light of the ongoing situation with Covid-19, and an increase of furloughed workers, it has become pretty evident that some Landlords/Estate Agents are not as clued up on the system as they would have us believe. However, with them now having to face the chance that their tenants may not be able to pay rent, it is a better time than ever to separate the facts from the fiction.