Tel: 0151 280 4047 | Email: welcome@homelets.co.uk

PROOF POSITIVE: 5 SIMPLE SECRETS TO MAKE YOUR INVENTORY WATERTIGHT

 

Not every inventory ends up providing the protection that landlords expect. There are plenty of cases where the language used – and the style adopted – have caused more confusion and doubt over disputes, which for a landlord will generally mean a reduced or refused claim.

 

Inventories are essential to have complete clarity over the condition and contents of your rental property: without correct preparation, you'll not only risk a costly dispute, but you'll also sow the seeds of worry in your tenants. The more documentation you have that you can agree on from the outset, the more professional you'll look as a landlord and the more comfortable your tenants will feel.

 

Whether you're preparing a paper or digital inventory, you must ensure it’s signed off by you (or your managing agent) and your tenants. But as you'll discover below, there's more to it than that.

 

If you own a rental property in Liverpool and you'd like to know more about best practice when preparing inventories, do get in touch. Call us for a chat on 0151 280 4047 or email us at This email address is being protected from spambots. You need JavaScript enabled to view it. - you'll always find an expert ear happy to guide you.

 

Meanwhile, let's take a look at how you can make your inventory the best it can be to give you, your property and your tenants maximum protection.

INCREASE YOUR YIELD: BETTER BUSINESS TIPS FOR LOCAL LANDLORDS

 

Is your rental property working as hard as it could for you? As a landlord, you'll want to ensure that your investment is performing well and continues to make good business sense throughout the time you own it.

 

Homes often have hidden potential that, as well as unlocking more income, can substantially increase demand. And, as you'll discover, there are many more options than merely increasing the rent and hoping it works out.

 

If you own a rental property in Liverpool that's either empty or where your existing tenants are moving out, now is the perfect time to review your options. To see how your property could work harder and smarter, call for a chat on 0151 280 4047 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

 

Meanwhile, let's take a look at five key areas affecting income, performance and profit to see if you recognise any opportunities for you.

Ending up in a dispute at the end of a tenancy is one of the least inviting prospects of being a landlord, and thankfully most tenancies end perfectly amicably. But when they do end in disagreement, many landlords manage to lose their claim, leading them to feel that the system is weighted against them.

 

The most important thing in a deposit dispute is for the outcome to reflect the reality, whether the fault is on the landlord or tenant side. The courts and arbitration services are not there to automatically find in favour of the tenant, but it is the landlord's responsibility to prove a claim is valid and realistic.

 

So, in this week's article, we're taking a look at why landlords – and particularly self-managing ones – lose so many disputes: from whether their claims are fair in the first place, to how they can improve the way they create and run their tenancies.

 

If you own a rental property in Liverpool and you've either lost a dispute, or you'd like to chat about minimising the chances of them happening, we'd love to talk to you. Call us for a chat on 0151 280 4047 or email us at This email address is being protected from spambots. You need JavaScript enabled to view it..

 

Meanwhile let's see where things go wrong for landlords, how the outcomes can be different, and how many situations can be avoided altogether.

BUILD A PORTFOLIO OF POPULAR & PROFITABLE LETTINGS

 

Do you think it’s impossible to be popular AND profitable as a landlord? Perhaps you feel that one cancels out the other; that it’s a choice between hard-nosed business and being nice, but that the two are fundamentally incompatible?

 

You wouldn’t be alone in your view, but it’s perfectly possible to have a successful rental portfolio that’s a commercial success while being on excellent terms with your tenants. Questioning how your rental properties could be popular can help you increase your returns by owning a collection of in-demand homes where people really want to live.

 

Growing your rental portfolio can provide you with a secure financial future and provide many people with a wonderful home. Whether you are an experienced landlord looking to expand your portfolio, or you are looking for your first buy-to-let investment, this week’s blog is for you.

 

We work with many landlords and their rental properties in Liverpool: some we've helped grow their portfolio, and some are just starting out. Whatever stage you’re at, you’re welcome to get in touch about any aspect of buy-to-let: call us for a chat on 0151 280 4047 or email us at This email address is being protected from spambots. You need JavaScript enabled to view it..

 

Meanwhile, read on to discover how you can build a profitable and popular portfolio to enhance your life, and be a hit with your tenants.

PROS OR CONS: IS A MANAGING AGENT WORTH YOUR MONEY?

 

It takes a certain character to be a managing agent: the job has a reputation as a thankless task with days full of complaints, emergencies, breakdowns and hassle. And if we’re honest,  rarely does anyone call with news that everything’s just fine.

 

But to be a managing agent is also to be the person who makes everything right. A property that never needs maintaining, or where nothing ever goes wrong, simply doesn't exist and emergencies rarely happen at a convenient moment: not for homeowners, not for tenants and certainly not for landlords. For a managing agent, they’re an expected part of the day.

 

Whether you’re an existing or budding landlord, you’re right to keep an eye on your outgoings. You might even have questioned whether a managing agent is really worth the expense. But do you include the personal costs as well? How much do you value your time and how you spend it?

 

This week’s blog is not to convince you to use a managing agent, but to show you how life could be if you did. From inspections, maintenance and easier accounting, to keeping you on the right side of the law and protecting you in the event of disputes, here are five one-minute morsels of how we look after our landlords, and what we could do for you.

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