Letting agent redress schemes (LARS) and the Property Redress Scheme

Property Redress Scheme

Letting agent redress schemes (LARS) Complain to an independent redress scheme if your agent does not resolve a complaint about their service regarding your rental property. What is a (LARS) letting agent redress scheme? This scheme can resolve disputes between property agents and their customers regarding rental property. Both property managers, landlords and tenants can complain to a scheme. The …

Managing Finances of Your Rental Property

Rental Property

How to Manage rental property finances The main goal of most rental property owners is to have a stable income and profit. As a real estate investor, there are loads of things that need to be kept in mind to achieve a profitable and successful rental business. Even though rental business is considered as a passive income business, rental business …

Eviction ban phased Out – New Notices & Notice periods | 2021

Notice

At last, some good news for landlords in England. The government announced the notice periods for section 8  has been reduced.  The reduced notice period is to be phased in as an easing of the COVID-19 pandemic restrictions. When you served the notice Minimum notice period On or after 1 June 2021 4 months (less than 4 months’ arrears) 4 …

CAA The California Apartment Association | Overview

CAA

The California Apartment Association  The California Apartment Association is also known by its abbreviated name as the CAA; it has the primary function as any landlord association. The California Apartment Association is the largest state-wide landlords association in the US, representing owners, investors, developers, property managers and suppliers of rental homes and apartments. The CAA is based in Sacramento, with …

American Apartment owner’s association AAOA | 2021 Overview

AAOA

About the American Apartment owner’s association AAOA The American Apartment owners association, also known as the AAOA, was created in 2004 by professional landlords & property managers. They came together to create the American Apartment Owners Association. It is an established and well-run organisation which is the main reason many property professionals have become members. Their function is to provide …

Is our housing market about to crash?

UK housing market market crash

Coronavirus UK – Will Our Housing Market Crash 2021? Until very recently, the UK housing market was at its strongest before the EU referendum. It is good to be optimistic; however, we must not delude ourselves to the reality of a pending financial crisis due to the Coronavirus. Few commentators, nevertheless, are making upbeat predictions for our housing market performance …

Key facts about tax for furnished holiday lettings owners

holiday letings tax

Tax for furnished holiday lettings   The ongoing British “staycation boom” is welcome news for furnished holiday lettings (FHL) property owners throughout the UK. Although international travel restrictions brought by the COVID-19 pandemic have been a key driver in 2021, the UK furnished holiday lettings market has shown strong, growing demand for years. That is expected to continue.  The UK furnished …

Landlord Electrical Safety inspection report (EICR) 2021 Guide

Electrical Safety Standards in the Private Rented Sector (England) Regulations

What is an EICR? It is an abbreviation for an electrical installation condition report (EICR). The Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020 came into force on 1 June 2020. It and applies to all tenancies created on or after that date in England from 1 July 2020. The regulation requires residential properties to have a …

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