Category Archives: News & Updates

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secure

Keep Your Property Secure With These Tips

The secret to keeping your property safe and secure is here.

In today’s world, it is important to keep your property secure. Long gone are the days when you can leave your doors unlocked. You and your family cannot be too safe.

It is crucial to keep your home secure at all times. We have gathered a list of tips to help you do just that. Read the list below:

Get your home insured

Insurance is one of the most important – if not the most important step in securing your home. Check your insurance policy and see the level of security required on your home.

Lock it up

This is probably the most obvious one of all – lock your doors and windows. It may be the most obvious step, but so many people forget to do so. Even when you’re just out at your garden or patio, make sure to lock your windows and backdoors. When you’re leaving to work, etc, double lock your doors.

Install security systems

CCTV’s, burglar alarm systems may be a bit expensive, but it is a great investment.

Keep your home “occupied” at all times

While this tip is visibly almost impossible, keeping your home “occupied” at all times turn the burglars away. You can achieve this by giving off the illusion that your home is occupied. Keep radios or lights on a timer to make it seem that somebody is in there.

Here are some more tips from the UK police:

  • Ensure side gates are locked to prevent access to the rear of the property

  • Ensure rear fencing is in good repair

  • Improve natural surveillance at the front of your property i.e. trim high hedges

  • Mark your property with postcode and house number and register your property for free with Immobilise(opens in a new window)

  • Consider joining or forming a Neighbourhood Watch scheme(opens in a new window)

  • Remove valuables from view of ground floor windows

  • Store any high value items (i.e. jewellery, passports) in a properly secured safe or bank vault

Got any more tips? Let us know in the comment section below!


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renting

Why Renting is A Better Option in the UK

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Weigh in: Renting vs. Buying

Renting, In  some parts of the world, is frowned upon. For some, becoming a tenant has been considered a waste of money. Here in the U.K, however, renting is more convenient than buying a home.

A lot of financial experts claim that renting is actually a lot cheaper than buying your own house. And with today’s economy, it may benefit more people than we think.

According to  at Financial Times, buying a home in the UK is now 20% more expensive than renting. In his article, Pickford wrote:

Lucian Cook, Savills’ director of residential research, said the figures showed it was not only the challenge of funding a mortgage deposit that was constraining people’s ability to get on to the housing ladder, but also the extra expense of paying down a capital repayment mortgage over time.

“Even though paying off a repayment mortgage adds to your net wealth, it still makes ownership that much more expensive. It affects your monthly outgoings,” he said.

On the other hand, Express UK reported that renting can be more worthwhile than buying a home. This is especially true for those who are not planning to settle down and those who are strapped for cash.

In the report, the news site wrote that homeowners who sell up within five to ten years are more likely to put out more cash through buying as opposed to renting.  An excerpt from the report reads:

Dr Isaac Tabner, senior lecturer in finance at Stirling University said prospective homeowners tend to underestimate the financial benefits of becoming a tenant.

On average homeowners need to own their own home for up to a decade before returns from the rent they are no longer paying begin to compensate for the buying costs.

Dr Tabner said: “It is often thought that buying a house makes more financial sense in the long run: however, renting is frequently more worthwhile than buying for financially-constrained households, as well as households likely to relocate within 10 years.

“As well as a reduced ability to recover transaction costs, households relocating within a few years face a higher risk that medium-term prices will move against them, thus reducing or eliminating their equity, while financially-constrained households face much higher mortgage costs.”

 

 


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Make Money From Home: How To Rent Out Your Spare Room

Renting out your spare room at home can help make you a lot of money. For minimal effort, you can earn tons yearly.

However, as expected, renting out your spare room has its own pros and cons. First, you must be curious on where you should start. Here are some tips to get you started.

List your property.

Very much like landlords, you should have a detailed listing of the space you’re renting out. This should include photos, up to date information about the property and a brief profile of the other people living in the house.

Do not be shy to introduce yourself.

Finding potential tenants takes a bit of effort, as well. Naturally, there are thousands of potential tenants out there. However, it is always good to try and search some for yourself. By doing so, you will be able to get to know the people you will be living in.

Interview the contenders.

Very much like a landlord, it is always important to interview your potential housemates. This will help you figure out if you can live under one roof together.

Pros of renting your spare room.

  • Extra income – obviously, one of the benefits of renting out your spare room is extra income.
  • Companionship – if you live alone, a new tenant could help you to get socialize more. Moreover, it will help during those days when you’re bored spending the whole day alone at home.
  • Sharing the household chore load.

Cons of renting your spare room.

  • Compromising your privacy.
  • Sharing your personal space.

Have you tried renting your spare room before? Let us know in the comments below!


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renting to pet owners

A Landlord Guide – The Benefits of Renting to Pet Owners

renting to pet owners   – In today’s market, it is rare to find a rental property that allows pets. However, what most landlords fail to see is that renting to people with pets can help increase the number of potential tenants for you.

This can also help improve your occupancy rates. Why? Simply because a lot of responsible pet owners make good long-term tenants. It is not like they can go out and immediately find a new rental place that welcomes pets.

This is why as a landlord, you should try and consider pet owners as tenants instead of ruling them out. One way to do this is to set fair and clear-cut rules.

Renting to pet owners has its own benefits. First, you can increase the demand for your properties. As mentioned above, not all rental properties on today’s market accept tenants with pets. This means your property will be in high demand amongst pet owners.

Second, renting to pet owners can attract long-term tenants. As previously mentioned, tenants with pets are more likely to stay longer at your property than tenants with no pets. Plus, this means reducing turnover in your property.

Lastly, you can be sure that your tenants are responsible. Most of the time, you will find responsible pet owners, they often are the most responsible tenants as well.

These type of tenants will less likely to put your property at risk, especially because it is difficult to find another place to move to. These are only some of the  benefits you can get from renting to pet owners.

It can also be a good idea to see the pets for yourself, not all dogs are messy and not all cats stay indoors, trust your instinct, but be sure to investigate fully before you commit to anything.

Have you ever tried renting to pet owners before? Share your experience in the comments below.