Abandoned Properties

Welcome to Home Relief Bulletin Board

Post No. 215

by Your Freelance e-Property Letting Agency

Bespoke Property Rescue Mission Service with Abandoned Properties

This week’s topic for work with landlords/ladies and home owners is abandoned properties.

My tenant abandoned my property, what should I do?

Abandonment happens when a tenant moves out of a property before the tenancy has expired, without informing their landlord/lady.  There are many causes of abandonment which could include the following:

• Outstanding rent 

• Unpaid bills

• Loss of job

• COVID-19 rent arrears

• Change of legal status

• Change of tenant’s personal circumstances

• Economic hardships caused by the coronavirus and so on.

Whatever the reason or cause (justified or unjustified), there could be a cost to beard, especially for the landlord/lady.

What could be the costs?

There could be loss of rent for landlord/lady, legal costs, maintenance costs, the costs of pressure, etc.  The situation can even be worse when tenants leave behind their belongings and or pass the keys to someone else or simply squatters get in.  What to do?

What is the legal position on the abandonment matter?

The legal position on this matter is that the tenant still has a legal right to return and take up residence at any time and it is a criminal offence for landlords/ladies to do anything to prevent the continuation of the tenancy.  It is as well a criminal offence to end a tenancy without going through the proper legal motions.

What are the options available?

The only option for a landlord/lady is to go through the legal process for regaining possession of an abandoned property which can take months.

This is why Home Relief provides Bespoke Property Rescue Mission as a rescue service for any property which is subject to disputes between the two parties, particularly where the landlord/lady lost control and would like to regain control.  

No tenancy can be perfect.   No matter the kinds of precautions you may take before it begins.  For as long as you are dealing with human beings, there is always a possibility of human error and something can happen in the future.  Abandonment is one of the problems which can happen.  Home Relief’s Bespoke Rescue Mission Service covers this problem.  If abandonment happens, then it needs to be dealt with. 

Abandonment case studies

• First case: A Single Renter

Few years ago, we come across a case whereby a landlady came to see us in tears.  She informed us that her tenant left her flat in pieces in Streatham without notice. 

This landlady let her flat by herself.  Before letting the property to the tenant, she collected one months’ deposit and one months’ rent in advance.  The tenant provided some forms of references (.i.e. employment, previous landlord, bank statements, etc.).

After one week of letting, the landlady went to flat to check if everything was alright and if the new tenant needed anything.  She found the door was damaged and open.  She entered the flat she discovered everything was in pieces and the tenant disappeared.  It was like a movie story not a reality.  She screamed and came out.  She started to look for a letting agent and came to us to explain what happened.

Without getting into details about this terrible case, this just highlights the need to carry out a proper vetting system before renting your property to anybody.  Perhaps, by involving those who take letting as their professional occupation could help.     

• Second case: A Group of Single Renters

Three professionals rented a 3 bedroomed flat in Streatham some years ago.  They signed a one year assured short hold tenancy agreement.  They agreed as well to an additional document that stated they were jointly and severally liable to the rent, which was paid on a calendar monthly basis. 

After six months of occupation, the landlord realised that one third of rent was not paid.  When he called to the property to check with them, two tenants told the landlord the other one has left without informing them and they thought he informed the landlord.  The landlord told them he was not aware of his vacation from the premises.  He also reminded them their obligation towards the rent was joint and several.  They then claimed that they were not related to the tenant who left without notice and did not have any obligations whatsoever to pay rent on his behalf.

This second case reminds us that what seems to be a straightforward situation could be indeed a very complex one as we are dealing with human beings.

Help and Support about Abandoned Properties

Anyone who has a property which has been abandoned and is wondering what to do, they can work with Home Relief to sort out the matter.  Through Home Relief’s Bespoke Property Rescue Mission Service, you can as well receive help and support in terms of online and in-print resources as well as leads to professionals dealing with abandoned properties.

Need to rent or buy affordable home, 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

 

Promoted Lets

Welcome to Home Relief Bulletin Board

Post No. 214

by Your Freelance e-Property Letting Agency

Autumn Campaign with Promoted Lets

How to grow your property investment portfolio

 

This Autumn, we are offering Promoted Lets to the market for landlords/ladies who will decide to instruct us for letting and managing their properties. 

Whether you find tenants by yourselves or through us, if you decide to involve us you can have your let promoted by Home Relief.

What is a promoted let?

Promoted Lets scheme by Home Relief is an account managed service offered to landlords/ladies to boost the letting of their property (ies) through a multi-channel presentation.  It has some advantages which include the three main following ones:

(1) Helping to raise the profile of your residential property letting and management business

(2) Encouraging prospective renters and home-renting seekers to place an offer on your property

(3) Boosting the earning potentials of your property portfolio

To take into account the current health context of the coronavirus pandemic, we have included in the scheme/service coronavirus measures and restrictions while retaining its basic management principles.   

Who is eligible for a promoted let?

Any landlord/lady and home owner can be eligible for promoted lets, including beginner and seasoned prof landlords/ladies.

Even if you are only a part time landlord/lady or only have one or two properties to let, Promoted Lets can help to expand your property investment potentials if you decide to become a full time landlord/lady or a regular property-to-let investor. 

If you decide to become a regular property-to-let investor, Home Relief can create an account managed service for you to help you achieve your property and investment goals and returns.

What’s more!

Promoted Let can offer you leads or help you to tap into various segments of the letting and management property market.  

It provides you with qualitative and quantitative data about the local area in which your property to let or manage is located while reporting the state of rent and letting in the area.   

Through this scheme, there will be effective use of data in order to improve landlord’s/lady’s outcomes for letting and management purpose.

Finally, Promoted Lets is a Home Relief product designed to optimise your earning capacity so that you can steadily and surely grow your property investment portfolio over the long term.

Briefly, with Promoted Lets, you get the following benefits: 

your  Let Property Online Advertised

plus a Letting Story

plus local Data

plus rent Report

plus Savings on Future Lettings and Management Costs

plus Assistance to Build Property Portfolio 

equal Tenants and Return on your Investment Guaranteed

To the above benefits, one can add on advice against the coronavirus, so making the gains from Promoted Lets become like this:

Tenants and Return on your Investment Guaranteed

plus Advice to protect your property and its occupiers against the coronavirus

equal Tenants and Sustainable Return on your Investment Protected

To instruct Home Relief and or find more about Promoted Lets Scheme, please contact 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

Settling in a New Home, New Area and New Academic Year

Welcome to Home Relief Bulletin Board

Post No. 213

by Your Freelance e-Property Letting Agency

How to adapt to a new living environment

Adapting to a new living environment (like a new home, new area and new academic year) can be easier for some new home renters.  For others, it may not be easier or it may even be frustrating or simply take longer than one would have thought.  

This week, we are working together with new renters to support them in managing the settling-in process as a new home renter in a new area in a new academic year.

We will be particularly looking at the all set-up that those who are newly moving in a new home as renters can match in order to make the process easier while they will be living there and managing their tenancy as agreed with their landlords/ladies and or managing agents.  

This is about looking at property management and maintenance from the tenants’ point of view rather than from the landlords’/ladies’ perspective. 

Property management and maintenance from tenants’ perspective

To successfully manage and maintain your new home as a new renter, it is advisable to follow the terms and conditions of the tenancy agreement and any additional agreements you have made with your managing agents and or landlords/ladies. 

There are as well areas of law that new renters need be aware as the tenancy law sometimes does change.  For example, there are new legislations regarding eviction notices consisting of new versions of Section 8 (prescribed via Form 3) and Section 21 (materialised through Form 6a) Notices are now in force since the 1st of October 2021.    

If the change occurs and is going to affect their rental situation, then they need to know it.  For instance, with the enduring coronavirus, there could be areas of health and safety that renters need to know about for their own health and safety and in the interest of public health as well.  It is as well wise to follow what the law says about COVID-19 vaccines and testing programme.

Alternatively, their managing agents and or landlords/ladies would inform them of any changes in the interest of the two contractual parties and their witnesses.  To be on a safe side, it is better to ask them if there is any change that you need to be aware of.

∧ Benefits in better managing a property as a tenant

There are benefits in better managing and maintaining a property as a tenant.  Just to mention the few of them, it is useful to argue that better management and maintenance by the tenants can help…

√ To stop the spread of COVID-19 and protect tenants’ health

√ To protect tenants’ deposit and any other money paid as security

√ To stop tenants from any breach of the tenancy agreement

√ To secure their reference for future tenancies

√ To prevent conflicting situations with their managing agents and landlords/ladies

√ To safeguard their credit records history and score

√ To protect the indoor and outdoor environments, etc. 

This is so vital in the world where there is online database of bad tenants in the market.

∧ Knowing your new home and new area

This week’s process of working together with new renters in this new academic year goes further as we are going as well to touch upon the things to be aware around your new home and new area. 

Moving in a new area means that your need to know your neighbourhood and the basics about the local area.  Already when putting an offer on your property or before you move in, the letting negotiators/agents or new landlord/lady would have provided you with a profile of vital statistics and key information about the area.  If not, you would have yourself done some searches online and in print or store resources about the area. 

It is vital to learn to know the area where you will be living, shopping on daily basis, commuting, using open spaces and amenities, perhaps doing your education and working there.

Again, this knowledge of your local area can help to protect you, save money, keep you safe and secure, make you be part of the locals and keep you informed and make informed decisions. 

At this time of enduring coronavirus pandemic, it is vital to know the evolution of the epidemiological curves (“epi-curves”) of COVID-19 infection in your local area and any additional measures or restrictions locally taken to protect yourself and others.  And if you have a smart phone and able to download COVID-19 tracing app, it is wise to do it to stay informed and updated about the continuing spread of the virus.

∧ Settling in a new academic year

If you are a student or academic staff, it is also worthwhile to do some searches about what it looks like privately renting a property in a new academic year.  The home where you will be living for the entire life of your academic year can impact your goals and outcomes if you are not properly settled in.  A good settlement can positively impact your performance and state of mind and body to successfully study and or work.

Generally, many educational establishments provide information about student and staff accommodation and advisory service related to this area of educational provisioning.  In our process this week, we are only dealing with the case of those who would like to privately rent and want to understand the ins and outs so that they can make informed decisions.

Need to know more about settling-in process as a new renter in a new area in this new academic year, work with Home Relief.

Need to rent a home and or help to rent, 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

 

Efficient Fixtures and Fittings

Welcome to Home Relief Bulletin Board

Post No. 212

by Your Freelance e-Property Letting Agency

Why to invest in fixtures and fittings that produce good results with less efforts and less waste

As part of tenant retention policy, we are going to e-discuss with landlords/ladies fixtures and fittings they provide in the context of the letting and management of furnished residential properties.  This discussion will follow our last week’s work on response to maintenance issues.  To start, let us summarise the following key points of this week’s work.

The aim of this week’s work

The work on efficient fixtures and fittings aims at protecting landlords’/ladies’ interest and investment through the provision of efficient fixtures and fittings, particularly in the context of residential letting and management done under the agreement between the two sides of the tenancy agreement (landlord/lady and tenant) that the property will be furnished.  What do we mean by efficient fixtures and fittings?

Efficient fixtures and fittings

Within the residential property lettings and management literature, fixtures are permanent items affixed or attached or fixed.  Examples of fixtures include: cupboards, door handles, electrical sockets, light switches, satellite dishes, television aerials, security alarms, door bells, boilers, toilets, showers, fireplaces, etc.

Fittings are any things not attached.  Examples of fittings are: carpets, curtains, poles, blinds, tables, chairs, mirrors, fridges, freezers, washing machines, tumble dryers, etc.

Both fixtures and fittings need to be efficient, that is they should produce good results with less efforts and less waste.  However, in real life it is not always the case.  Sometimes, it happens that landlords/ladies do not provide efficient fixtures and fittings as the following case shows.

Case study of inefficient fitting: A second hand washing machine

This is a story of a landlord who wanted to provide a washing machine as part of agreed tenancy terms.  He purchased a second hand washing machine without guarantee from a second hand shop. 

One day after this machine was delivered to the tenant/rental property, the washing machine stopped working.  The tenant called the landlord to inform him about the situation as the property was managed by the landlord.  The landlord called to the property to check the washing machine and arranged for a repairer to come down to look at it. 

The washing machine repairer called to the property while the landlord was there.  He looked at it and tested it.  The machine did not work at all.  The repairer told the landlord that it was not worth repairing it since the machine was too hold and the model was discontinuous. 

The landlord spent £70 to purchase this machine and £25 for a call charge paid to the repairer.  In total, he wasted £95.  This is let alone his own time, transport and pressure. 

This example is just of the many telling why it is better to invest in efficient fixtures and fittings, not way around or cutting corners.

Points to consider during this week’s discussion

The discussion will revolve around the following points:

∝ reason behind efficient fixtures and fittings

consequences of purchasing inefficient fixtures and fittings

cost-efficiency of fixtures and fittings

∝ calculation of saving that one could make via efficient fixtures and fittings 

∝ efficiency, health, safety and the environment

∝ energy efficient and saving fixtures and fittings

Etc.

Anticipated results or changes

At the end of this week’s process or in the near future, one could expect that landlords/ladies will

√ be better aware of efficient fixtures and fittings

√ make better decision and choice when investing in fixtures and fittings

√ avoid conflicts with their tenants as result of inefficient fixtures and fittings

√ able to better allocate their resources to fixtures and fittings

√ and above all save money, time and pressure

Extra help and support

We shall share resources (both in print and online) relating to fixtures and fittings matter.  Landlords/ladies will be provided additional leads in terms of professionals dealing with fixtures and fittings in the context of residential property lettings and management.

Need to know more about efficient fixtures and fittings, 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

 

Response to Maintenance Issues

Welcome to Home Relief Bulletin Board

Post No. 211

by Your Freelance e-Property Letting Agency

How to effectively respond to maintenance issues

Property maintenance is one of the important areas of any tenancy survival.  It is also an area of controversy or dispute between the two sides of tenancy agreement (landlord/lady and tenant) when it is not properly handled, particularly when maintenance calls are not well responded or simply ignored.

As part of our work on better relationships between landlords and tenants, we will be working with landlords/ladies to explore ways of improving responses to maintenance issues.  In this search for improvement in responding to maintenance calls or issues, we shall look at the following points:

The reasons that push some landlords/ladies not to respond or delay maintenance calls/issues

∧ Why some landlords/ladies do not properly maintain their properties

∧ Types and levels of maintenance issues and how to prioritise them

∧ The consequences of not responding to maintenance issues

∧ Ways of improving responses to maintenance issues

The benefits of responding to maintenance calls and issues

Etc.

 

One can hope that at the end of this week’s work, landlords/ladies will be able to

develop a smart maintenance plan

√ prioritise maintenance issues from minor to moderate to severe ones

√ better listen to their tenants’ maintenance requests

√ positively act on maintenance issues 

√ improve the average time it takes them to respond to maintenance issues 

√ reduce delay in responding to their tenants’ calls

√ above all, carry out maintenance work that their property requires.

Need to know more about how to respond to maintenance issues, 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

 

Help to Rent in the New Academic Year

Welcome to Home Relief Bulletin Board

Post No. 210

by Your Freelance e-Property Letting Agency

Helping renters to find accommodation this new academic year

 

Our campaign for home rentals and lets in the new academic year continues this week with Help to Rent as the main feature and part of our rental brand.  It continues because there is still some unmet demand of accommodation for certain types of home seekers. 

Who make this unmet demand?

The types of renters making it include the following:

• Home seekers (such as students, academics, families relocating to start a new school term, etc.) who are still looking for accommodation

• Those who are resuming their economic activity after lockdowns or self-isolation because of the coronavirus

• Ordinary people and families who are struggling to find affordable locations and constantly looking for cheap places to rent

• Those who do not earn enough to buy their own homes

• Those who are looking for budget areas and properties to rent

For most of them, they may face a long rental journey to travel and need some help to rent before they can effectively rent a property.

We are offering to all these prospective tenants and home seekers Help-to-Rent service to shorten and smooth their rental journey. 

What is Help to Rent from Home Relief’s perspective?

Help to Rent is a scheme run by Home Relief, scheme aiming at helping ordinary renters get in the property rental market. 

It is an extra service designed by Home Relief as part of its rental brand to help reduce home deprivation by working with those who are looking for affordable homes and finding it difficult because of their conditions of life, circumstances of work, employment and income status or budget limitations.

This Help to Rent has to be contextualised and customised according to renters’ needs and landlords’/ladies’ requirements. 

What is included in Help to Rent by Home Relief?

As part of this week’s Help-to-Rent, our home-renting campaign will include two areas of focus: raising awareness about Help to Rent support and products from Home Relief, and home-finding solutions for those who are finding it hard to rent.

(1) Raising awareness about Home Relief’s Help-to-Rent support service and products

Home Relief Tenant’s Help-To-Rent support includes the following:

Rental file and profiling, Review of tenants’ social media accounts, Property searches, Applications advice, Forms filling surgeries, Reference package and profiling, Digital forms filling, Video previews of properties to let before visits, Deposit and rent in advance schemes, Building credit records history, Mediation and advocacy, Rental legislation clinics, Protection advice against the coronavirus, and Property rental in the era of COVID-19.

For further details about the contents of each these areas of support or products, contact Home Relief.

(2) Providing home-renting solutions to ordinary home seekers

Raising awareness about Home Relief’s Help-to-Rent products and knowing them is not enough unless one applies or uses this Help-to-Rent.

Their use is what would make a helpful difference in the lives of those ordinary people and families in need of accommodation.  Help to Rent can make rental life easier, less stressful and cost effective.

So, our feature for this week is the types of Help-to-Rent one can get when renting through Home Relief.

Need help before renting a property, 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

 

New Academic Year, New Rentals & New Lets

Welcome to Home Relief Bulletin Board

Post No. 209

by Your Freelance e-Property Letting Agency

How we can e-work with renters to find homes and landlords/ladies to get tenants in the new academic year

This September, the new school or academic year is starting for many pupils and students.  One of September needs to be met is accommodation.  There could be people and families who are still looking for home rental or letting services either as home seekers or landlords/ladies.  If you are one of them, Home Relief would like to inform you that we are the specialised people for affordable home rental and letting services.

Home Relief can find either affordable accommodation for you if you are home seekers or suitable tenants for you if you are landlords/ladies.  Home Relief can as well advise on home rental and letting matters to enable you to achieve your home goals and plans for this new academic year.

A relief property service helping ordinary people and families with ordinary means of living to help themselves

We particularly, but not exclusively, work with ordinary people and families earning ordinary incomes.  We also work with parts of the community that is virtually excluded from the mainstream property rental market. 

We seriously take social goals and deprivation issues in the area of housing.  Our property service is designed to satisfy our customers’ and clients’ demands; to meet landlords’ requirements and to relieve home seekers’ needs. 

A home service for a safe and healthy life at the time of enduring coronavirus pandemic

At this daunting time of the continuing fight against the coronavirus pandemic, every landlord/lady or renter is looking for a safe and healthy service to protect themselves, their families and other members of the public.  To match their request our rental and letting service has been Covid-19 tested and secure against the pandemic. 

We follow and apply to letter the social distancing rules and restrictions while using appropriate personal protective equipment to keep life safe and healthy.  We prefer to e-work with landlords/ladies and renters, or run physical contact-free service (via online and virtual technologies) to protect everybody.  

A home service for peace of mind and secure financial return

Our home service benefits home owners and landlords/ladies who are looking for peace of mind and security in letting their properties.  We provide them with suitable renters and ensure that they receive a good and reliable return on their investment over the long term period.  We provide all-round residential property services (from letting to maintenance) and take on our books any size of properties (ranging from a single room to large houses), tenures and leases.

A home service that suits home seekers’ needs and budgets 

We provide to home seekers and renters with the types of accommodation service that suit their needs and budgets.  Our relief service will not only provide them with a home to live, but will also help them to help themselves in effectively running the other aspects of their life such as…

finding occupational opportunities, meeting educational needs for families with children, actively integrating into local life, finding local childcare services, improving their access to local healthcare and other amenities, re-engaging with unlocking economy after COVID-19 lockdowns, etc.

Need a home (as a prospective tenant) or a tenant (as a landlord/lady) this September or at the start of the new academic year, why not 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

 

Decent Rents

Welcome to Home Relief Bulletin Board

Post No. 208

by Your Freelance e-Property Letting Agency

What to do for your property to command a decent rent regardless of seasons

 

This week we are working with landlords/ladies and home owners to determine ways of setting up decent rent levels regardless of seasons (including in difficult times like of the coronavirus pandemic).  As it is said this work is with independent landlords/ladies and home owners rather than with property management companies.

Knowing a good renting price

Normally the rental sector uses the jargon of rental yield.  For a property to command a good rent yield, this yield should be between 5 and 8 per cent.  The theory says that yield is worked out by considering the annual rental income of the property, dividing it by the price paid and then multiplying this number by 100.  So, your decent rent should be more or less within the above margin.  It is a level of rent conforming to acceptable or accepted standards.

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.

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, Covid-19 time, unlocking of the economy, 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 a one-size-fits-all rent policy.

What is a decent recent in times of enduring coronavirus pandemic and economic unlocking

In times of enduring coronavirus pandemic and economic unlocking, it is recommendable to get all the facts and data right and clear before making any decision over the rent.  There are conflicting stories, signs and messages about the performance of the property market and the way the rental market is reacting over this time. 

Any decision made over rent has to be based on verifiable statistics rather than commentaries and speculations made by the mass and social media.  To make 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.  In this consideration, it is better to check the following: the average rent for your property, what is the living rent in the economy, rental prices trend where your property is located, etc. 

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 decent but you do not know where to start and how to go about it, Home Relief can work with you to determine the rental value for your property that is in line with accepted or acceptable standards in the rental market.      

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

To know whether this week’s session on Decent Rents can or cannot work for you as a landlord/lady, please contact Home Relief as well.

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

 

Conversion of Rental Enquiries

Welcome to Home Relief Bulletin Board

Post No. 207

by Your Freelance e-Property Letting Agency

 

 

How to convert your initial enquiries into a successful rental later

 

This week, we are dealing with property enquiries made by home seekers to rent a property; enquiries made whether via emails or social media networks or phone calls or in-person visits. 

This week’s activity concerns mostly those home seekers with very limited incomes, low income earners, ordinary people and families, those who are making enquiries for properties where prospective tenants can part pay the rent and part claim housing benefit, etc.

Understanding the process of rental enquiries

Rental enquiries here should not be confused with a Property Enquiry Certificate (PEC) which is a standard report on information (often required when buying or selling a property) regarding Statutory Notices and other legal orders and regulations that affect a property.

A rental enquiry is one of the initial steps in trying to find a property to rent.  If this initial step is badly handled, this could sometimes jeopardise the rest; meaning that everything could stop without one or both parties (those making rental enquiries and those responding to those enquiries) to proceed further. 

This is why it is vital to get this right from the beginning.  Particularly, when you are on limited income or earning capacity it is in your interest to well handle the property enquiries process in order to maximise your rental chance and get your target property.

What to consider in order to maximise your rental probability

To proceed with rental enquiries, we are going to look at the following:

√ What preparations home seekers need to make before they start enquiring about a property to rent

√ Enquiries content (what you should or should not include in your enquiry and why)

√ How to follow your enquiry in order they can be converted into an effective buy

From the above general enquiries, we will then deal with specific enquiries related to home seekers’ target properties to rent.

How to enquire for and identify your target rental property

We all want to rent or live in ideal or target property.  Target property is a property that a particular home seeker is aiming at renting at a particular location, at a given market price and at a determined time.

But, can we afford it?  Especially, when one is on low income brackets, it could be unrealistic to get their target property outside their budget constraints.

This is why this week we are trying to e-work with home seekers, under the topic of conversion of rental enquiries, in helping them to bridge the gap between the requirements of their target property and affordability.  This e-work with them is also part of Home Relief’s Help to Rent.

Items for discussion with home seekers 

To support home seekers in achieving or reaching their goal/target property, the following items will be discussed together with them:

√ Target property rent versus affordable rent

√ Preferred location versus circumstantial location

√ Prospective landlords/ladies or letting agents

√ Types and sizes of properties

√ Tenancy terms and conditions

√ The influence of COVID-19 on rental enquiries

Our support to home seekers via Help to Rent is accessible to all types of home seekers: students, young working professionals, professional couples, families, universal credit and housing benefit claimants, retirees etc.  We will be supporting them to convert their initial enquiries into achievable and realistic rental outcomes and goals.

How to convert your rental enquiries into an effective let or rental

Most importantly for this week is to explore with home seekers skills, techniques and strategies to convert their initial enquiries to a successful let or rental.  It is important since we keep noticing that so many renters do enquiries and sometimes these enquiries end without any tangible outcomes or results.

Converting rental enquiries into a let is the means or process by which one can achieve their goal of getting their target property.  However, to achieve this goal conversion must happen.  There could be various reasons that make this conversion happen or does not happen.

This week, we are going to e-work with them to get the enquiry process right from the onset so that they can mitigate the reasons that militate against enquiries conversion.  By doing so, one can hope that when looking for accommodation to rent they can save the following:

√ Time

√ Money

√ Energy

√ Pressure

Particularly at this time of enduring coronavirus pandemic and unlocking economy, it does not make sense wasting time through enquiries without reaching any rental goal or deal.

If you have a problem in making rental enquiries and or to find your target property, Home Relief can help you to improve the way you are making your enquiries and, most significantly to convert your enquiries into a let/rental by getting your target property at an affordable rent and location. 

You can e-work with Home Relief for the conversion of your rental searches and enquiries as Help to Rent is available to all home seekers.      

To make rental enquiries, convert them into a let and get your target rental property, 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

 

‘Mis-renting’ Terms

Welcome to Home Relief Bulletin Board

Post No. 206

by Your Freelance e-Property Letting Agency

How to address wrong or the lack of rental information in the Age of Coronavirus

This week, we are dealing with information that home seekers may need to know before they agree to sign up a tenancy agreement.  This week’s activity is the continuation of appended and punitive terms from our last week.

The main goal of this week’s activity

The overall goal of this week’s activity is to protect home seekers from unfair terms and rental misinformation.  It is also to avoid the coronavirus rental misinformation.

For example, at this continuing time of the coronavirus there could be misinformation and the traffic of wrong terms.  One may need to understand these terms and their implications for tenancy (such as a rent concession letter related to the coronavirus from a landlord/lady to a tenant).  In the case of the letter, to avoid misunderstanding tenants need to know that this letter is a temporary waiver not a permanent situation to the lease.  

The objectives of this week’s session

To achieve the above central goal, the week’s session has the following objectives:

√ Ensure clarity and fairness for both contractual parties, especially but not exclusively for the vulnerable and misinformed home seekers or renters

√ Avoid rental poverty trap in a tenancy that one party has never understood its implications from the beginning, yet they signed it

√ Source out ways of getting out from unknowingly agreed unfair terms

√ Ways of dealing with the issue of financial payments related to unfair terms

√ Briefly, addressing the wrong rental information or lack of fair rental information   

Doing your own research before renting a property

It is necessary and sometimes compulsory that home seekers do their own research before renting a property.  It is equally fair that the other party (or their representative) in the agreement provides prescribed required information (e.g. information related to the Section 21 form if an assured shorthold tenancy agreement will be used) before home applicants sign up an agreement.  There are statutory and non-statutory information that both parties should be aware of, including any change in the law or rental practice as a result of the coronavirus pandemic or any other events.

For example, the law requires to the landlord/lady to provide to their incoming tenants an up to date version of the ‘How to rent’ booklet.  Landlords/ladies are also required to provide a new copy at the outset of any subsequent tenancy, including statutory periodic tenancies, but only if there has been an update to the booklet.  If they do not then no valid Section 21 can be served.  However, with the coronavirus the landlord/lady needs to verify if these legal requirements have changed, especially as documents or print mail transmitted may be quarantined as a precautionary measure against the coronavirus.  The landlord/lady has as well to check if this information can be passed on to the tenants via online or digitally (e.g. a website address link to ‘How to rent’ booklet).

How this week’s activity will be helpful for home seekers

This week’s activity, which is for the home seekers, will help them in the following ways:

√ Understand what they are agreeing on

√ Avoid rental misinformation and COVID-19 misinformation

√ Understand the terms and conditions of their current and future tenancy agreements

√ Beware of fair and unfair terms and take action on unfair terms

√ Know their consumer protection rights

√ Uncover ‘mis-renting’ terms and expressions

√ Be informed about any new rental terms related to the coronavirus situation

Etc.

 

You can e-work with Home Relief on fair rental information as Help to Rent is available to all home seekers.      

Need help to address rental misinformation, why not 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