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Showing posts from April, 2018

Why is viewing so important in rental properties?

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    English Housing Survey shows that 35% of rental properties in the private rented sector are rated “non-decent”: nearly a fifth were judged to contain a hazard posing a serious danger to the health and safety of renters. Shelter’s research showed that over 60% of renters have experienced at least one of the following problems in their home over the past 12 months: damp, mould, leaking roofs or windows, electrical hazards, animal infestations and gas leaks. One in ten private renters claim that their health has been affected by problems with their  rental properties  which their landlord has not dealt with. Why is a checklist necessary to view a rental property? On an average a rental property viewing last around 10 minutes with agents accommodating several visits on the day. Ten minutes is extremely short time to decide on £15,000 rental commitment (assuming a tenant stays in a property for a year @ £1,250 pcm rent). Apart from financial commitment substandard  rental pr

How to rent a property in London.

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How overheated is the London property market?     On an average 7 tenants chase 1  rental property  in the UK, in London this ratio can be way higher. Years of not enough housebuilding coupled with mass immigration meant that number of people looking to  rent a property  is tenfold higher than properties available. What strategy should you adopt to secure a rental property in London As competition is intense, you need to be meticulous in your search and miss no opportunities to rent a property. We recommend a four pronged strategy: a) Get properties from all channels b) Planning of viewings. c) Highlighting positive personal circumstances. d) Decisiveness and offer. The next section will break this down in more detail. Many tenants today focus on one single website for listings example Zoopla or Rightmove to  rent a property . Today  landlords  are listing properties directly on number channels like open rent and gumtree. These mediums on most occasions do not i