tenant

Swindon tenants face further rent hikes

The number of properties available to rent in Swindon has dropped from 1,394 to 597 since February 2020. The average rent a tenant has had to pay in Swindon has risen from £767 to £984 since February 2020. Many Swindon landlords have cashed in on the post-lockdown property boom of the last two years and sold their properties to owner-occupiers - not fellow landlords. The supply of...

Landlords, you could be liable for unpaid bills…

Landlords should be aware that they could be liable for any unpaid utility bills, and even reconnection fees if they don’t correctly manage the end of tenancy process with regards to utilities. We've put together a ‘best practice' guide regarding tenants’ utility services to help you have a successful tenancy, without facing any unexpected fees.  Who is responsible for paying utility...

What to look out for when buying a rental property?

Within the last 12 months*, the average price of a home to buy in Swindon has risen to £254,003, which is over 9 times the average salary earnings in Wiltshire (estimated at £27,000*). This means the rental market in Swindon is on the rise, as more and more people earning average salaries simply cannot afford to save the deposit sums required. We've all seen the increasing reports in the media of...

How to approach a tenants rent increase?

We regularly get tenants coming into our office telling us they are looking to move house due to their landlords increasing the monthly rents. Whilst this is normal practice, there is a correct and legal way to increase the rent. Most landlords think that they can just increase it at any time, and by whatever amount they like. Unfortunately, this is not the case! So, how should it be done properly? It is...

Pros and Cons of Selling Up or Renting Out

Imagine this situation: your beloved home has been in the family for decades, it's part of your history and has been handed down through many generations. However, it’s now empty as you’ve got somewhere else to live, yet you don’t need to sell your family home and you’re stuck in a quandary. It is mortgage-free but could do with some work to modernise it.  Do you sell your family home and...

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