Lettings at the Time of Lockdown Restrictions Easing

Welcome to Home Relief Bulletin Board

Post No. 189

by Your Freelance e-Property Letting Agency

How to Instruct Home Relief at the Time of COVID-19 Lockdown Restrictions Easing

As the COVID-19 lockdown has been gradually eased, some landlords/ladies may be thinking of instructing or re-instructing us.

This week, we will be working with those landlords/ladies who are contemplating to let their properties, but are hesitant since the coronavirus pandemic is still constraining the economy.

This week’s work will be about exploring with them their property letting needs, requirements and expectations under the current phase of COVID-19 lockdown restrictions easing.  In doing so, it is hoped the work with them will come up with some sort of a roadmap with them concerning private residential property lettings in a progressive COVID-19 lockdown restrictions easing.

The 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 progressive lockdown

restrictions easing

√ 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 working activity will help …

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

√ 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 lockdown easing

√ 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 lockdown easing, why not work with Home Relief?

Need us to proceed with your lettings during this phase of the COVID-19 lockdown restrictions easing and anti-coronavirus measures, please 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

A Good Rental Yield

Welcome to Home Relief Bulletin Board


Monday  12 April  2021


Post No. 188

How to Get a Fairly Good Rent for your Property

This week we are working with landlords/ladies and home owners to determine ways of setting up good rent levels regardless of seasons (including in uncertain times like of the coronavirus and the easing of non-essential retail restrictions).

A good rental yield

If you would like to invest in properties for rental purpose, you will need to find out what is called “rental yield”. The latter is defined in the property jargon as the value of rent you can expect to receive from your property in a year. In other words, a rental yield is the return made on a property investment in terms of monthly rent charged compared to the value or price of the property paid. Generally, it is considered that a rental yield between 5 and 8 per cent is relatively good for a buy-to-let investment.

Getting expert advice about your asking rent

Before issuing a tenancy (for example an assured short hold tenancy agreement), it is advisable to seek expert advice about the levels of rent that your property can generate.  It is important to seek this kind of advice so that you do not charge more or less than what your property really deserves. 

There are benefits in seeking expert advice on the rent level.  One of these benefits is that it helps to avoid any potential conflicts (such as unpaid rents or rent arrears) with tenants over the level of rent you are charging in the course of the tenancy period.  

Where to get rent advice

Rent advice can be obtained from various sources or experts on the rental market.  It can be given by a local rent officer, a letting agency, a rent valuation office etc.  You can even get it online through various websites having properties rent valuation features or online rent calculator.  Some of these rent services are free of charge without obligations.

Online rental yield calculator

A rent calculator is a rental valuation tool created by a team of data scientists and that enables to find out, in advanced way, how much rent to charge for any house or flat in the UK. Through the online rent calculator, you can enter a property postcode and the calculator will instantly give you the rental value of the property or the average rent by postcode. You can do it to work out the process of determining rental yield as well.

Working with Home Relief to set up a rent policy

This week, what we are undertaking with landlords/ladies is not only fixing a rent for a particular property.  It is also trying to develop a rent policy and structure for our clients so that their properties could command a rent level that is fairly good or decent irrespective of seasons (i.e. Winter, Spring, Summer, Autumn, busy, not busy, EU exit, the coronavirus crisis, etc.).  Why?

There are various reasons that contribute to a good rent policy or structure.  There could be changes in the rental market and the economy with ups and downs.  Likewise, your property may not be the same when you last refurbished it. 

In the above circumstances, what can you do for your property to command decent rents regardless of seasons, regardless of lows and highs in the rental sector?  Landlords/ladies need to bear in mind that each property is a particular case that needs to be treated on its own.  There should not be one size fits all rent policy.

What is a good rent in times of the coronavirus disruption and the easing of non-essential retail restrictions

In time of the coronavirus disruption and the easing of non-essential retail restrictions , it is recommendable to get all the facts and data right and clear before making any decision over the rent.  There are already conflicting stories and messages about the performance of the property market and the way the rental market is reacting over this challenging time. 

Any decision made over rent has to be based on verifiable statistics rather than commentaries and speculations made by the mass media.  To get the right decision, each property case has to be treated individually with all the determinant market factors and conditions.  This should be done while considering the short, medium and long term changes. 

If you are a landlord/lady and or home owner and would like your property generates a level of rental income that is respectable or very good but you do not know where to start and how to go about it, Home Relief can work with you to determine the better rental value for your property.      

To get advice for the better rent level for your property to let, please contact Home Relief NOW.

To know whether this week’s session on A Good Rental Yield can or cannot work for you as a landlord/lady, contact Home Relief NOW!

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

Rental Times

Welcome to Home Relief Bulletin Board


Monday  05 April  2021


Post No. 187

How to weather bad times to rent a property and save in good rent-a-property times

Home seekers can rent a property at any times of the year (Spring, Summer, Autumn and Winter).  There is no a particular season to rent as such, although there are times when the rental market may be favourable or unfavourable to particular home seekers. Besides these favourable or unfavourable markets, there are personnel circumstances that can provide the reasons for the timing to rent.

Reasons that contribute to the season to rent

There are times when the rental market conditions may seem not going to home seekers’ direction for various reasons, conditions which may include the following: 

• Budget constraints

• Home seekers need to give notice where they are living

• Academic or employment reasons

• Health conditions

• Family motives

• The current situation of the coronavirus pandemic and lockdowns

Etc. 

For all these various reasons, home seekers may choose to delay or anticipate the rental decision to take up tenancies of a property, in relation to their personal circumstances and conditions of life.

Reason linked to the EU exit

To the above personal circumstances, it can be added the continuing uncertainty linked to the ongoing process after the UK has exited from the EU.

With the contradictory news about what to do since the UK has left the EU, many home seekers may be asking whether or not this is the right time or season to rent.  Like any other needs (such as needs to eat, dress, drink etc), everybody needs somewhere to shelter no matter the exit from the EU.  Right time or not, this is a matter of personal decision.

Reason relating to the coronavirus crisis and lockdowns

Home seekers can as well try to think whether or not to rent now as we are in the middle of the battle against the coronavirus and in a national lockdown. For those who really need a place to live, the current circumstances of coronavirus and lockdown do not matter for them. In fact, finding a shelter could help them to better manage their personal circumstances during this crisis.

Easter rentals

The same can be said about the Easter time.  Some home seekers may find that this time of the year is a convenient one to rent.  On the contrary, the same time may be unsuitable for others.    

This week we are working with home seekers to find out ways of weathering bad times to rent a property and saving in good rental times.

Weathering the times to rent

This week’s work with home seekers is a customised one.  This is because each home seeker has particular circumstances and conditions of life. 

The customised support will include the following: 

√ Identification of individual bad times to rent and good times to rent

√ Development of survival rental strategies

√ Factors to consider when making a rental decision

√ Decision making process regarding the choice of the right time to rent

Etc.

Saving in good rent-to-property times

Home seekers can as well consider saving as an alternative so that they can rent when the season or timing is favourable to them.  If so, there are saving options that can be looked at.  This week, we are going to look at the saving options available in order to meet home seekers’ rental needs. 

If you are a prospective tenant or home seeker and you are not sure about the best time for you to rent, Home Relief can work with you to consider the economic factors and rental parameters applicable to you as well as support you make an informed decision about the appropriate time for you to rent.

To involve Home Relief in your decision making process about rental times, contact Home Relief Now!

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