Coping with the Pandemic
Along with the rest of the UK, and indeed most of the world, the Covid-19 lockdown has meant many HMO landlords have seen their personal and household income impacted, and their jobs or businesses in peril. In addition to those concerns, which many people are facing, the HMO sector also faces the following challenges: non-payment […]
Being An HMO Owner During the Covid-19 Pandemic
During this pandemic, owning a House in Multiple Occupation (HMO) comes with a range of issues and concerns. Your primary focus will need to be on keeping your business afloat and stable using the right steps and appropriate actions. Cashflow management has become a key factor in making sure HMOs can continue providing quality accommodation […]
Buying the Right Property
Buying the right property isn’t easy because the right property will depend on your goals and the systems you’ve put in place to maximize your income. The right property for you might not be best for someone else. When investing in properties, you’re going to know that not every deal is a property worth having. […]
North West Sees Rent Prices Surge
Rent prices in the cities and towns in the Northern Powerhouse have risen by an average of 17%, with rental cash yields of 9% in Salford, 7% in Liverpool and Bolton. Rents in the North West are growing faster than any other region in the UK. As rental growth in London continues to slow, values […]
Some Dos and Don’ts of HMO Investment
Investing in HMOs can be a great idea as long as you do your homework. If you can avoid making mistakes you are going to make a lot more money and cut out a lot more risk when it comes to your investment. Don’t rush – investment is a marathon, not a sprint. Do get […]
Finding Great Properties to Invest In
Finding a property to invest in is easy. Finding a great property with a good return isn’t as easy but it’s not impossible. You have to be smart about it and do your homework. You need to evaluate potential investment properties in order to minimise the risk of making a bad investment and maximise the […]
Converting to an HMO
A lot of property investors are turning to HMOs as they consider them a more efficient way to run a rental portfolio. Although there may be more work to do, the opportunity to collect rent from a higher number of tenants and a potential higher rental yield is appealing. What’s more, certain properties and locations […]
Work Together with Your Tenants During This Pandemic
Whether you have tenants who have lived in your property for years or new tenants, it’s best to work with them in this time of the Coronavirus pandemic. Many people are experiencing a steep decline in the income or have lost it altogether. They may not have the money to pay all of their rent […]
The Importance of Tenant Referencing
It goes without saying that it’s every landlord’s dream to have the ideal tenant. That’s not always possible but landlords can do their due diligence to ensure they have tenants who can and will pay their rent and keep your HMO tidy and clean while being good neighbours. Referencing is necessary and if you’re not […]
