The lettings market in 2023 was extraordinary. When it analysed its figures, Rightmove found there had been an average of 20 individual enquiries for every rental property available. For context, only six tenants were chasing each rental in 2019.
Tenant safety should never be far from a landlord’s mind. In light of a new set of best practice guidelines being issued by Electrical Safety First, we take a broader look at electrical safety in privately rented properties. Here are six things landlords should know:
You may have seen King Charles III officially opening the new session of Parliament in early November. During the pomp and ceremony, the King read out the Government’s main intentions for the 12 months ahead.
The second reading of the Renters’ Reform Bill in October took many landlords by surprise, with an unexpected announcement regarding Section 21 eviction notices – the method used by landlords to regain their property without having to have a specific reason. We have poured over the details and have provided answers to your most common questions.
What are today’s tenants looking for when they search available rental properties? This was the question Rightmove set out to answer when it examined more than 600,000 property listings. The portal tallied the number of enquiries a listing generated in relation to the property features that were mentioned in the description.
Would you know if your tenant presented a subletting risk? Are you confident you’d know how to spot if subletting was taking place? With recent research by Direct Line showing 1 in 8 tenants had engaged in subletting activity – and with 22% of tenants considering or already signed up to Airbnb or similar – subletting is something to take seriously in 2023.
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