Four reasons why letting out your home could be a smart move

In today’s economy, people are more strapped for cash than ever before, and they’re turning to the housing market to give their savings that much needed boost. Should you let out your property, or at least a part of it, in a bid to ease the strain on your finances? Well, here are just four reasons why it could be the smart move you’ve been waiting for. It will give your finances a boost The main reason why people are thinking of renting out either a room or their whole property is that it will create cash much quicker. It can be a fantastic solution for families who are struggling to make ends meet, but who currently have a spare room full of junk or a basement that could be converted. Not only will it help you through those difficult months until you find your feet, but the work you...
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Working with Letting Agents

A Landlord’s Guide to Letting Agents and their Fees   Paul Shamplina, the landlord’s friend and founder of Landlord Action, has devised this helpful guide for landlords exploring what they need to know about letting agents.   https://youtu.be/NZYhv1Qa_PM
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“Airbnb phenomenon is a growing issue for landlords” says Landlord Action

Leading tenant eviction firm, Landlord Action, says the Airbnb model poses a growing threat to landlords.  Over the last 12 months, the number of cases Landlord Action has received, where tenants have sub-let properties without their landlord’s permission, has trebled. Aside from breach of tenancy agreement and additional wear and tear to the property, landlords are left exposed to being in breach of their mortgage terms and buildings insurance. The share economy is a growing phenomenon, with models such as Airbnb giving people a platform to view themselves as a business.  Unfortunately, it is also enabling those who do not have the right to do so, from profiting from someone else’s asset. The problem is due to be highlighted by one landlord’s ordeal on the Channel Five programme ‘Nightmare Tenants, Slum Landlords’, Wednesday 20th April at 9pm. The episode will show Joy Philips, a landlord who decided to let out...
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