Lettings in a Re-opened Housing Market

Welcome to Home Relief Bulletin Board

Monday  25 May  2020

by the Property  Team

Post No. 142

 

Private Residential Property Lettings in a Re-opened Housing Market

How to restart lettings or reinstruct Home Relief in a re-opened housing market

As the housing market has been reopened and the lockdown has been gradually eased, some landlords/ladies may be thinking of restarting lettings or reinstructing us.

This week, we will be e-working with those landlords/ladies who are contemplating to let their properties, but do not know on which basis they can restart since the coronavirus pandemic is still constraining the economy.

This week’s e-work will be about exploring with them their property letting needs, requirements and expectations under the Covid-19 constraint.  In doing so, it is hoped the e-work will come up with some sort of a roadmap with them concerning private residential property lettings in a re-opened housing market.

The e-working activity will cover areas such as the following:

√ Covid-19 measures and restrictions in the context of a reopened housing market

√ Lettings plan and process under the circumstances of an economy in a partial lockdown

√ Property maintenance within the framework of protection against coronavirus pandemic

√ Property disinfection, decontamination and cleaning to get rid of the strains and traces of Covid-19

√ Alternative to physical aspects of lettings (e.g. virtual or online viewings versus in-person viewings)

√ Online rental payments and cover

√ Update on available resources and guidance about the coronavirus pandemic in the letting industry (e.g. self-care, health, security, post/mail, etc.)

One could hope that the week’s e-working activity will help …

√ To boost landlords/ladies confidence for instructing or lettings while improving their understanding of extra health and safety provision in the context of lettings in the time of Covid-19

√ To protect landlords/ladies from misinformation or lack of appropriate information regarding private residential property letting and management under the Covid-19 restraint

√ To safeguard landlords/ladies’ interests and investment while saving money as the economy gradually reopens

√ To avoid trouble tenancies and misunderstanding throughout this time of economic reopening

√ To reduce exposition to Covid-19 risk and associated risks of the moment

√ Above all, to bring peace of mind and security when giving instructions to let your property in time of the coronavirus pandemic

If you are a landlord/lady and want to give instructions to let but do not know what to do during this time of Covid-19, why not e-work with Home Relief?

Need to restart lettings under the Covid-19 constraint and anti-coronavirus measures, please e-work with Home Relief.

If you are looking for an affordable location and home, Home Relief is the people dealing with affordable homes you could consider in your property searches and enquiries.

For more information about our property service to home buyers and tenants, please go to https://homerelief.co/tenants/

For more information about our property service to home sellers and landlords/ladies, please go to https://homerelief.co/landlord

For properties to rent and let, go to https://homerelief.co/property-search/

For weekly property news and updates, please read our weekly posts.

Thank you for reading this post.

We look forward to receiving your regular visits to Home Relief website and to doing business with you throughout the year.

Many thanks!

Home Relief – freelance e-property people dealing with affordable homes

 

 

Back to Rental under Covid-19 Constraint

Welcome to Home Relief Bulletin Board

Monday  18 May  2020

by the Property  Team

Post No. 141

 

Back to Rental under Covid-19 Constraint

As the lockdown has started to be cautiously eased and the housing market has been reopened, Home Relief will be e-discussing with renters about their moving in and out plans.

Home Relief will be e-working with them on how to proceed with their rental plans under the constraint of Covid-19 and the conditions of anti-coronavirus measures and restrictions.  This e-discussion will be dealing with a number of points such as:

√ Understanding on how the rental industry will be operating under the new environment of Covid-19 and anti-coronavirus measures and restrictions

√ What to do and what not to do as renters during the lift of temporary freeze on home moving

√ How to adapt to new ways of working in the rental sector (e.g. virtual viewings, disinfection or cleaning of property before and after viewings)

√ How to prepare themselves as prospective tenants and restart renting within the boundaries of anti-coronavirus rules

√ New areas of safety and protection to consider in the new era of Covid-19

√ Understanding and maintenance of the socially distanced rules within the rental sector (e.g. to keep 2 meters apart during property viewings; staggered viewings, etc.)

√ (For those who want to move) Help them progress their plans to move as the housing market reopens

The e-discussion will enable those who want to rent to have the opportunity to e-discuss their plans in more details and register their rental needs.

Need to restart renting under the Covid-19 constraint and anti-coronavirus measures, please e-work with Home Relief.

If you are looking for an affordable location and home, Home Relief is the people dealing with affordable homes you could consider in your property searches and enquiries.

For more information about our property service to home buyers and tenants, please go to https://homerelief.co/tenants/

For more information about our property service to home sellers and landlords/ladies, please go to https://homerelief.co/landlord

For properties to rent and let, go to https://homerelief.co/property-search/

For weekly property news and updates, please read our weekly posts.

Thank you for reading this post.

We look forward to receiving your regular visits to Home Relief website and to doing business with you throughout the year.

Many thanks!

Home Relief – freelance e-property people dealing with affordable homes

 

 

Covid-19 Rental Fallout

Welcome to Home Relief Bulletin Board

Monday  11 May  2020

by the Property  Team

Post No. 140

 

 

Covid-19 Rental Fallout

The consequences of the Covid-19 Shock on renters have not yet been fully unveiled since the Covid-19 continues to claim its victims.

This week, we are e-working with renters to find out the rental consequences of Covid-19 on them.  We have planned this e-working activity in our Covid-19 rental campaign as we online came across a renter who asked us for advice.  She lost her job due to coronavirus and wanted to claim unemployment benefit and needed a tenancy agreement as a proof of address.

It is understood that she entered a verbal agreement with her their landlord/lady where she has been renting a property without any written tenancy agreement or a licence to rent.  She has asked us what can she do since she has got a tenancy agreement?

Although verbal contracts can be enforceable in the court of laws, it is recommended to private landlords/ladies letting their properties by themselves to provide a professional written and reviewed tenancy agreement. 

It is not safe for both parties (landlord/lady and tenant) to have verbal agreements or no formal tenancy agreements or even adapted tenancy agreements.   A professionally written and reviewed tenancy agreement protects both contractual parties.

There could be some numbers of vulnerable renters who are in a similar situation and facing the same kind of problems.  With the impact of Covid-19, they may be struggling to sort out their problems without knowing there is always a way out to this kind of problems. 

There are available resources online regarding the Covid-19 rental guidance and the rental sector generally.  However, it is not sure whether or not these resources will respond to specific issues that some vulnerable and unaware renters are facing during this difficult time of the coronavirus pandemic.  It is not also certain if all the renters will understand these online resources and materials.

To reduce the rental fallout that renters may have due to the Covid-19 impact, Home Relief will be e-working with them by discussing their individual rental cases where there is  a fallout.  Since one cannot wait until the end of Covid-19, Home Relief will be e-working with renters on the consequences of Covid-19 on their rental situation.

This e-working together about the impacts of Covid-19 on renters could lead to problem-solving steps where, if requested or needed, legal expertise and rental industry professionalism can be sought on behalf of renters.

Need to explore possible rental leads and solutions to the problem posed by the Covid-19 on your rental situation, please e-work with Home Relief.

If you are looking for an affordable location and home, Home Relief is the people dealing with affordable homes you could consider in your property searches and enquiries.

For more information about our property service to home buyers and tenants, please go to https://homerelief.co/tenants/

For more information about our property service to home sellers and landlords/ladies, please go to https://homerelief.co/landlord

For properties to rent and let, go to https://homerelief.co/property-search/

For weekly property news and updates, please read our weekly posts.

Thank you for reading this post.

We look forward to receiving your regular visits to Home Relief website and to doing business with you throughout the year.

Many thanks!

Home Relief – freelance e-property people dealing with affordable homes

 

 

Covid-19 and Private Landlords’/ladies’ Property Portfolio

Welcome to Home Relief Bulletin Board

Monday  04 May  2020

by the Property  Team

Post No. 139

 

 

Covid-19 and Private Landlords’/ladies’ Property Portfolio

Home Relief’s e-working programme to keep landlords/ladies and renters engaged during the Covid-19 will be dealing this week with the impact of Covid-19 on property portfolio.  We will be discussing about the collection of properties and financial securities attached to these properties that landlords/ladies may be holding in their portfolio.

When landlords/ladies build a property portfolio, they will have a number of buy to let investment opportunities with the aim of generating an optimum return on investment with many properties.  They will try to achieve the goals of meeting capital growth returns or rental yields or both.

There are many types of landlords/ladies in the private rental market.  In the context of this week’s e-work about the Covid-19, we will be dealing with small landlords/ladies who have more than just one property, that is to say those who have between 2 and 5 rental properties in their property portfolio. 

In our e-work, we will try to find out how the Covid-19 has impacted their property portfolio.  In other words, we shall together with them try to know how the achievement of expected return from a varied portfolio of properties and their related securities and risks, has been affected by the Covid-19 outbreak.

Through our e-work, one could hope the following points will be raised:

√ How landlords/ladies have spread the risk amongst the different securities or properties in their portfolio

√ The level of risk incurred so far for their expected return as a result of Covid-19

√ How their selection in their portfolio is meeting the goals of optimum capital growth and rental yields

√ Whether or not the capital value associated with their properties have been appreciated or depreciated due to the coronavirus impact

√ Property management under the constraints of anti-coronavirus measures

√ Essential property maintenance during the Covid-19 time

√ Performance about the return on their property investment

√ Property running expenses versus incoming rents during the Covid-19 period

√ How Covid-19 has affected the relationships between landlords/ladies and their tenants, etc.

One could hope that as outcome from this e-work, landlords/ladies will know where they stand in terms of their property portfolio during this difficult time of the Coronavirus pandemic.

Landlords/ladies will be able to discuss their individual cases or portfolios.  Where the need arises or the request will be made, landlords/ladies will be referred to financial advisors or property portfolio specialists to look into their matter.  However, due to the lockdown we cannot guarantee that this type of portfolio advisory support will be currently available.

Need to discuss your property portfolio, please e-work with Home Relief.

If you are looking for an affordable location and home, Home Relief is the people dealing with affordable homes you could consider in your property searches and enquiries.

For more information about our property service to home buyers and tenants, please go to https://homerelief.co/tenants/

For more information about our property service to home sellers and landlords/ladies, please go to https://homerelief.co/landlord

For properties to rent and let, go to https://homerelief.co/property-search/

For weekly property news and updates, please read our weekly posts.

Thank you for reading this post.

We look forward to receiving your regular visits to Home Relief website and to doing business with you throughout the year.

Many thanks!

Home Relief – freelance e-property people dealing with affordable homes