Summer 2019 Rental Plans

Welcome to Home Relief Bulletin Board

Monday 24 June 2019

by the Property  Team

Post No. 94

 

How to make Home Seekers’ Summer Property Rental Plans Work

This week’s Summer campaign aims at relieving housing needs by working with home seekers and renters to help them achieve their summer renting plans and goals.  This renters’ campaign is complementary to the Lettings campaign we relaunched last week for landlords/ladies and home owners. 

Looking for a good quality affordable accommodation (GQAA) over and after summer holidays

Home Relief can help you to find a GQAA within your budget means and earning capacity or potentials during this time.  Our rental service will work with you to match your budget constraints and earning potentials with properties available and to be available on the market.  Being on low income does not stop you to gain a GQAA from Home Relief if your other non-monetary references are good enough or outstanding to quality for a property.

Looking to choose your next home from the widest selection of properties as possible as you can

Home Relief can search for you all ranges of properties from single rooms to full houses.  Whether you are looking for a room or a bedsit or a self-contained studio or a flat or a house; Home Relief can offer you a choice to meet your summer accommodation needs and goals.  The more properties we search and you view, the best chance you have to find and choose your target property.

Looking for accommodation service where all suitable home seekers are considered and accepted

If you are wondering whether your application for accommodation would be considered or not because of your circumstances, Home Relief considers and accepts all suitable applicants.  Whether you are claiming universal credit or housing benefit or partly working and partly claiming benefit or on low wages; Home Relief would consider your rental application.

Looking for a moving-in and settling-in process that is painless as possible as one can

Home Relief’s approach to renting properties is to provide home seekers and renters with hassle-free service and secure accommodation to all of them.  We provide information and guidance on moving services and advice on settlement in a new home.  We can signpost you as well to moving home and settlement services. 

What’s more!

Where the landlord/lady does not require home seekers paying rental deposits upfront or has agreed to a zero deposit option, Home Relief will still able to secure a GQAA for you.

Whether it is about dealing with the suitability of your application or providing you with a good quality affordable accommodation or giving you a choice to make or helping you to smoothly move and settle; Home Relief can work with you to meet your rental summer plans and goals.

Planning to move out and rent a property over this Summer, Home Relief can work with you to find a suitable property for you.

To register your needs and fill a vacancy, call or email 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 2019.

Many thanks!

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

 

 

Summer 2019 Letting Instructions

Welcome to Home Relief Bulletin Board

Monday 17 June 2019

by the Property  Team

Post No. 93

 

 

HOME RELIEF HAS NOW STARTED TAKING SUMMER HOLIDAY INSTRUCTIONS!

Giving Landlords/ladies More Time To Enjoy And Relax Over Their Summer Holiday And Season!

Home Relief can help you achieve your Summer property letting and management plans and goals, and start the next Autumn season on a positive note regarding the return on your property investment.

• GET YOUR PROPERTY RENTED before you take your Summer Break!

If you are a landlord/lady and having problems or just don’t have time to let out your property before you take your Summer Break or during the Summer Holidays, Home Relief can help. You can appoint or instruct us to do it on your behalf.

• GET IT FULLY MANAGED before you take your Summer Break!

If you think that you have other better things to do or priorities before and during the Summer Holiday and or in the near future than managing your property by yourself, don’t worry!  Home Relief can do it for you.

• GET IT MAINTAINED before you take your Summer Break!

The last thing any landlord/lady would like to hear is this.  While they are having their long waiting holidays with relatives and or friends (having their preferred drink, meal and chat in their dream location at home or away), tenants try to contact them to deal with some property maintenance issues.

If there is any reason you can’t maintain it by yourself, Home Relief can take care of your property while you are having your dream holidays and or Summer recess.

• GET IT FINANCIALLY MANAGED before you take your Summer Break!

If you are busier than managing the finances linked to your rented or managed property (e.g. chasing your tenants for rent over the Summer time, monitoring rent payment into your bank account), then Home Relief can organise online or digital payment of your rent, arrange this to be paid into your bank account, collect your rent and financially administer it as well as other financial aspects related to your property.

• APPOINT HOME RELIEF TO ACT AS YOUR SUMMER CONTACT before you take your Summer Break!

If you are contemplating to be abroad or away for a little while during the Summer time or even just somewhere away from your property, and you don’t want to leave your tenants without any third party contact, why not instruct Home Relief to act as your holidays contact should there be any problem or an emergency.  Home Relief can fully act on your behalf while you are away.

Whether it is about Letting Only, Property Management and Maintenance, Rent Collection and Administration or just a Property Contact/Liaison, you can instruct Home Relief to do so for all these matters.

By taking the decision to appoint us in this way, this will enable you to have a relaxing, hassle-free, peaceful and less costly Summer Holidays and season with your property rental business.

JUST INSTRUCT US NOW FOR A HOLIDAY PEACE OF MIND AND SECURITY OF YOUR INVESTMENT!

WE ARE READY TO TAKE YOUR SUMMER LETTING AND MANAGEMENT INSTRUCTIONS.  Just contact Home Relief for your Holidays Lettings and Management. 

Wishing you a good preparation for your Summer Lettings and Management plans!

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 2019.

Many thanks!

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

 

 

Checks & Inventories: Tenants’ Participation

Welcome to Home Relief Bulletin Board

Monday 10 June 2019

by the Property  Team

Post No. 92

 

Taking Photos, Running a Video, Recording a Short Film before Moving into a New Accommodation

This week, we are working with prospective tenants and home seekers to highlight the importance of their participation in property checks and inventories.  In particular, we are focusing on building hard evidence by taking photos, running a video and recording a short film before taking occupancy of property they are renting.

Before giving possession of any rental property, the landlord/lady or letting agents or even an inventory company will conduct with the incoming tenants a check-in inventory which will then be translated into an inventory report. 

What is an inventory report?

This report documents the property by detailing its current state and conditions including contents, descriptions, age, conditions of fixtures, fittings and furnishing.  The document may or may not be accompanied by digital media.

Both parties (incoming tenants and landlords/ladies or their representatives) would sign this document and their third-parties would witness it.

The relevancy of inventory report

This document, which is the third important document related to any tenancy (the other imperative documents being tenancy agreement and rent payment receipts), can  

√ help the tenants to claim back their deposit

√ be used as a reference for dispute over damages

√ safeguard tenants’ interests against unfair deductions from rent deposit

etc.

Tenants’ active and full engagement to the inventories

Because of its importance, the rental practice advises tenants to take active participation in the inventories (both check-in and check-out).

Today with the digital and mobile technologies, it is possible and advisable to build hard evidence by adding to the print or online inventory report images, pictures and voices, without forgetting to date and name those evidences as well as inserting important notes.  You can use rich text media or visuals (such as videos, PDFs etc.) to strengthen your evidence.

Tenants can do the same documentation by having digital check-in and check-out inventories using a mobile phone, a camera, a tablet, an iPhone, or any digital devise etc. 

The reason for digital check-in is beyond convenience, effectiveness and efficiency.  It is to avoid the problems we mentioned above to occur such as future major disputes over the state and conditions of the property, particularly over any damages which may be already in the fittings, furnishing and fixtures, or which may occur later.

To illustrate the importance of paying attention to details and building hard evidence, we are going to share with you the following tenant’s story which we recently came across.  The story provider has chosen to stay anonymous.  Because of his/her choice, we are not going to mention their personal details.    

Story title: Crack in the staircase

I moved into a self-contained one bedroom flat few years ago after signing a shorthold tenancy agreement for one year, contract renewable if the two parties agree to do so.  The time I moved in, the stairs were covered by carpets.

As the stairs were covered with a thick carpet, I did not realise that one of the stair cases had a crack.  Every time I climb the stairs, I kept noticing a funny tiny noise.  I thought it was coming from the neighbours.  When some friends came to visit me one day, they noticed the same noise.  We started to investigate the matter, we found one the stairs under the carpet had a long and deep crack. 

I spoke to my landlord about it; he said why I did not mention it before.  He did not record such damages when he gave me possession of the property.  This stair case became a matter of dispute between my landlord and I.   

Home Relief’s advice for future tenancies

In the light of the above story, attention to details is not a fault but a gift.  When viewing and taking possession of any property, it is always better to check it carefully before moving in rather than relying on a snap piece of information like a quick tick-box format check-in inventory on some sheets of paper.  

As a tenant, you need to fully and actively engage in the preparation and checking of the inventory report to avoid any controversy later.  With low-cost digital technologies in today’s market, it is even cost effective to just use an average mobile phone to take pictures, run a video or record a short film.

The advantages of using a mobile phone in these circumstances are:

√ to capture any key moments of life (such as moving in a new property)

√ to mitigate potential conflicts with the landlord over any damages

√ to create the desirable impact and effect for your security, peace of mind and hassle-free tenancy. 

Don’t forget to insert a short summary or description and date your photos, videos, films and voices!    

Today, there are lots of online resources and sources of information on the matter.  you can go online find them.

If anyone has some comments to make or technical support about the above story, let us know. 

If anyone needs any check-in or check-out inventory or would like to involve Home Relief in checking their property to rent or rented property, 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 2019.

Many thanks!

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

 

 

Rental Data

Welcome to Home Relief Bulletin Board

Monday 03 June 2019

by the Property  Team

Post No. 91

 

Key Rental Information

How to Understand and Use the Key Rental Statistics

The week starting on the 3rd of June 2019, we are continuing our work with home seekers and prospective tenants about rental information. 

Last week, it was about mis-renting information.  This week is about the key rental information (both qualitative and quantitative) that can be translated into statistics making the rental indicators.  In particular, we will together try to analyse and understand them, as well as provide individual support to make an informed decision and choice about renting.

• Checking that rental data work for you as home seekers

Before agreeing any tenancy agreement, it is always a good idea to check key rental information which sometimes is given in terms of statistics or quantitative data.  These information or indicators are related to the area in which the property one wants to rent is located.  It is even wise to double check them prior to any renting.

Most landlords/ladies and letting agents acting professionally would provide this information to their prospective tenants or home seekers as part of their letting process and property filing.   However, if they do not, it is important to ask them.  Alternatively, you can do your own searches on papers and online.

This information matters and if it is given in the form of statistics or numbers, they count as well.  There is a saying that statistics or numbers speak for themselves.  In reality, statistics or numbers do not speak for themselves unless you or they explain the reality behind them.  Thus, home seekers or prospective tenants have to check if rental data (expressed in words or numbers or both) work for or against them.

What are these key rental data or statistics we are talking about? 

• Rental indicators and data

They are those related to the following:

hr) Council tax: how much you have to pay if this tax not included in the rent

hr) Commute time: how much time will take you from your targeted property to rent to a work place?

hr) Transport choice: What the area says about travelling by car, bus, trains, trams, cycling etc. How long it will take for each them from your new home and place of work or study.

hr) Travel cost: how much (for example weekly or monthly) will it cost you to travel from your targeed property to a work place?

hr) Local amenities: read the reviews about them (how many stars in the review?)

hr) Crime: check if the number of crime is below average nationally or within the borough

hr) Schools: check Ofsted reports if children involved in your property rental application

hr) Local resident and neighbourhood: who are the local residents?

hr) Public persons:  can you find any public faces, how many?

hr) Working families: are they working families like you?

hr) Rent reports: what others are saying in terms of numbers about renting in that area and about the levels of rent charged in the area.

hr) Health: how miles do you have to travel to the local GP, dentist, optician, hospital?

hr) Pollution: what is said about the level of air pollution, recycling schemes, rubbish collection in the area.

hr) Trusted sources of information: check what different print and online sources of information (such as local press, social media, property letting websites, property search engines, local radio and local TV networks) are saying about the area in terms of statistics.

Compare and contrast what everybody is saying about the same area and determine how these data (both qualitative and quantitative or stats/numbers) speak for or against your choice of property to rent. 

Just like any other home seekers, average income earning families are looking for properties in a local area where these above the types of information or statistics speak for them.

If you are one of them, you can do the homework by checking the key rental information or stats before you agree anything.  You can check them in the print and online press, via social media networks or any other rental platforms.  Likewise, you can ask your prospective lettings or landlords/ladies.

If you cannot do it by yourself, Home Relief can work with you to check that they are working for you in the area you are contemplating to rent.

Need a property to rent and need to check the key rental information or stats first, 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 2019.

Many thanks!

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

 

 

Mis-Renting

Welcome to Home Relief Bulletin Board

Monday 27 May 2019

by the Property  Team

Post No. 90

 

 

Mis-renting

How to address wrong or the lack of rental information

This week, we are dealing with information that home seekers 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.

It is necessary 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 new 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. 

For example, the law requires to the landlord 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.

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

√ Understand what they are agreeing on

√ Avoid mis-rental information and 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

√ Uncovering mis-renting terms

Etc.

The overall goal of this week’s activity is to protect home seekers from unfair terms and mis-rental information.  To achieve this 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

√ 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   

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

Need help to address mis-rental information, 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 2019.

Many thanks!

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

 

 

Rental Enquiries

Welcome to Home Relief Bulletin Board

Monday 20 May 2019

by the Property  Team

Post No. 89

 

 

Rental Enquiries

How to convert your initiate 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 physical 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.

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 would sometimes jeopardize 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 important to get this right from the beginning.  Particularly, when you are on limited earning income it is in your interest to well handle your property enquiries in order to maximise your rental chance and get your target property.

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.  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 work with home seekers, under the topic of rental enquiries, in helping them to bridge the gap between the requirements of their target property and affordability.  This work with them is also part of Home Relief’s Help to Rent.

Target property is the property that a particular home seeker is aiming at renting at a particular location, at a given market price and at a determined time. 

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

This 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.

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 find your target property at affordable rent. 

You can work with Home Relief for your rental enquiries as Help to Rent is available to all home seekers.      

Making rental enquiries and or targeting a property 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 2019.

Many thanks!

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

 

 

Appended Terms

Welcome to Home Relief Bulletin Board

Monday 13 May 2019

by the Property  Team

Post No. 88

 

 

Balanced Appended Terms to the Contract –

 

How to avoid punitive terms to the main contract

 

This week, we are looking at, with home seekers, the additional terms to the main rental agreement such as assured short hold tenancy agreement.

A tenancy agreement, which is a contract between a tenant and a landlord/lady letting a tenant to live in a property as long as they pay rent and follow the rules, sets out the legal terms and conditions between the two contractual parties.  It can be written or oral.

Sometimes, one party of the agreement (often the landlord/lady or their letting agents) can add other terms and conditions to the main standard legal contract.  However, if this addition is fair and balanced for both parties, then there is no problem.  It is always wise to make sure additional or appended terms are balanced for both contractual parties.  Where it is not the case, then this needs to be addressed.

This week, we are working with home seekers on how to avoid punitive additional contract terms.  Punitive terms could be of various kinds such as

• A request to pay unreasonable amount of money as cover against potential damage (punitive damages)

• Unreasonable right by the landlord/lady or their managing agents to the full access of the property without prior notice while it is rented

• Unfounded reasons restricting the tenants the use of any part of the premises rented

• A demand of exorbitant size of deposit without any sound basis

• Unsubstantiated motives for keeping a room locks while this room is part of the tenancy

• Restriction on mailing address or any other service to the property without any legal basis

• Any unfavourably added texts or words (written or verbal) against the tenants but in favour of the landlord/lady or their managing agents

Etc.

These punitive terms attached to the main contract could be written or verbal.

Our activity on balanced appended terms to the key contract will include the following areas of interest:

√ How to spot the unbalanced appended terms and find out they have been adverse and conflicting clauses

√ How to read, interpret and evaluate added terms and conditions to the key contract

√ How to keep appended clauses to the main agreement stay fair and balanced

√ How to make sure that any of the parties to the tenancy agreement does not influence the contents of the agreement with appended conditions in their favour but against the law

√ How to protect tenants’ and home seekers’ interests via contract terms (both main and appended terms)

√ How to avoid punitive terms, conflicting appended clauses or backstops

√ How to preserve and maintain the legality and integrity of a tenancy agreement

The above activity will be undertaken knowing that some home seekers, especially ordinary income earners, may not be able to pay for the expertise to check their tenancy rights and obligations unless they can find a concessional fee paying or free service to do so.

 

What’s more for this week’s activity!

This week’s activity will also raise home seekers’ awareness about this issue of unfair and unbalanced appended terms. 

It will as well provide some leads regarding tenancy advisory services and resources (both online and in print).   

It will further prepare home seekers to participate when contracts are amended and or extra terms are added to them. 

The week’s activity will finally look at real case studies of unfair and unbalanced appended terms, cases to be brought to our attention by home seekers as well as cases we came across.

If you have been victims of unfair and unbalanced appended terms and conditions to the tenancy agreement, this week’s activity is for you.  To find out how this week’s activity will work for you, speak to 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 2019.

Many thanks!

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

 

 

Rent Report

Welcome to Home Relief Bulletin Board

Monday 06 May 2019

by the Property  Team

Post No. 87

 

 

Rent Report Findings for West Croydon

The purpose of this report is to provide to home seekers, particularly those in middle income brackets (lower and upper) looking to rent a one bedroom flat in West Croydon, to be prepared for the level of rent they may face. 

The investigation was carried out by physically visiting some letting agents, talking to landlords/ladies and tenants in the area, compiling data online, reading local papers (such as the Croydon Guardian, Croydon Advertiser, South London Press), reading ads on local shop windows, checking the online rent valuation service or calculator  etc. 

Below are the findings of our research.

Findings

Average and median monthly rent value in West Croydon

The results from our searches (both online and offline) for one bedroom flat to rent in West Croydon show that the current overall average monthly rent value for a bedroom flat is approximately £900.  The median of West Croydon median monthly rent value for the same flat is approximately £905.

These data tend to be asking rents than effective signed contractual rents between the two contractual parties.  This suggests that the rents for one bedroom flats could be slightly within the budgets of some upper middle earners.  Lower middle earners may find it difficult to meet this kind of rental.  This is somehow a reflection of sinusoidal trends of rent value as seen in other parts of South East London. 

Rental implications

The implication for one bedroom flat seekers is that if you are looking for a one bedroom flat to rent, the above average and median prices are the kinds of rents you may have to face up to in West Croydon and the vicinity of it. 

However, other elements have to be taken into account, such as letting agents’ or landlord/lady’s appetite to the level of rent, the conditions of the flat, its location within West Croydon whether or not it is close to West Croydon train and bus stations without forgetting trams which pass through, its closeness with local amenities and other facilities, how risk averse are the landlords/ladies to the uncertainty linked to the EU exit.

In addition to the above, one bedroom flat seekers need to do the numbers.  This means that they need to make sure that they get their figures right in terms of the overall rental cost (which includes rent deposit, rent in advance, administrative fee, reference fee etc.).  They should also bear in mind that as part of the referencing criteria, the household income should be 2.5 times the annual rent.  As some of you are aware this cost varies from landlords/ladies and letting agents to others.

West Croydon as an attractive place to rent

Beyond the rent level considerations, West Croydon can be an attractive place to find budget one bedroom flats for some of you.  It is an ideal place to rent as the Croydon shopping centre has plenty of shops and restaurants; the area has an interesting history and character, as well as it has  art galleries and projects with local artists where everybody is welcome including families with kids

New builds and developments in and nearby West Croydon

What’s more, there are now new builds and developments in Croydon Central and around East Croydon train station which suggest the potentials of a better place live and work.  These welcoming local initiatives are enhanced by local amenities and facilities in the vicinity of both West and East Croydon stations. 

We canconclude that West Croydon is an ideal place to rent for middle income earners if you are looking to rent a one bedroom flat in West Croydon and or you are after a particular rent level.

We would recommend that you do both physical and online searches.  If you are still not sure, Home Relief can help you find your ideal one bedroom flat at affordable rent. 

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 2019.

Many thanks!

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

 

 

Recent Rents

Welcome to Home Relief Bulletin Board

Monday 29 April 2019

by the Property  Team

Post No. 86

 

 

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 decent rent levels regardless of seasons (including in uncertain times like of the UK trying to leave or remain in the EU).

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 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 or not exit 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 decent recent in times of the EU exit discussions

In times of the exit discussions like this, 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 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 decent but you do not know where to start and how to go about it, Home Relief can work with you to determine the decent rental value for your property.      

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

To know whether this week’s session on Decent Rents 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 2019.

Many thanks!

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

 

 

Section 21 Notice

Welcome to Home Relief Bulletin Board

Monday 22 April 2019

by the Property  Team

Post No. 85

 

 

How to start the eviction process in the post-section 21 era

As the UK Government is planning to ban the no-default evictions, many landlords/ladies are wondering about this move in terms of the security of their property investment or just property letting.

In order to reduce some of the anxieties or worries about the Government’s drive, Home Relief will be working with landlords/ladies on the Section 21 Notice of the Housing Act 1988.

The Section 21 Notice provides that the landlord/lady must give to their tenant a notice to begin the process to take possession of a property let on an assured shorthold tenancy without providing a reason for wishing to take possession.

What this week’s session will be about

The week’s session with landlords/ladies aims at reducing their anxiety by working together in looking at the provisions of the Section 21 notice and its implications for landlords/ladies property security.  The session will apply to assured shorthold tenancy only.  The session will goes beyond in exploring the possible scenarios in terms of property security if the Government takes such a move. 

Although there are many resources (both online and in print) about the Section 21 Notice, the Section 21 session of this week will cover the following:

√ The re-study of Section 21 Notice

√ Its implications for landlords/ladies’ security   

√ The post-section 21 scenarios

√ Update on property possession proceedings and processes

√ Impact of the post-section 21 world on landlords/ladies’ property security and investment plans

√ Highlights on the grounds or reasons for taking possessions for tenancy on or after 1 October 2015

√ Form 6A

√ Advice, information and guidance about the resources (both online and in print) regarding Section 21 Notice

Etc.

Expected outcomes

One can hope that at the end of this session or process the following will be achieved:

√ Landlords/ladies will become familiar with or get updated about property possession proceedings

√ Landlords/ladies will feel self-confident and be prepared for the incoming change if it happens

√ Landlords/ladies will become less anxious about the incoming ban

√ Landlords/ladies will be able to avoid frictional possession proceedings and reduce possession costs

√ Landlords/ladies will be armed with advice, information and guidance to anticipate risks, uncertainty and threats associated with the incoming evictions notice change

√ Landlords/ladies will be better aware of the possession proceedings, even if this process has been handled by their appointed letting agents or a solicitor on their behalf.  

To know whether this week’s session on Section 21 Notice 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 2019.

Many thanks!

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