At LFL, we believe that corporate social responsibility is not just a buzzword, but a genuine commitment to making a positive impact on the world. That’s why we were so proud to get involved with a crowdfunding campaign to build a new school in Sierra Leone. We originally set out to raise £1000 to contribute […]
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Section 21 allows landlords to evict tenants without giving a specific reason if they provide two months’ notice. This is known as a no-fault eviction and is used by landlords to remove tenants who have not broken any rules or breached their tenancy agreement. Section 21 is a valuable tool for landlords. They use it […]
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Court errors and bailiff shortages cost landlords almost £20,000 Pressure on our legal system is causing unacceptable delays when landlords seek resolution through the courts for tenancy issues. That’s according to property rental service provider LegalforLandlords, whose staff have collated a list of issues they believe show landlords are expected simply to ‘grin and bear […]
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Why do we dream of homeownership? It’s what we do in the UK – we dream of owning bricks and mortar. It’s seen as a badge of stability, security and success. It’s become part of our culture that we pity the poor renter who can’t afford to buy. Maybe one day they’ll have the deposit […]
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Calculating Rental Yield for a Buy-to-Let Property – by Sim Sekhon. Rental yield is a valuable metric. It can help you determine whether a buy-to-let property is a good investment and can also be used to compare the returns of different properties. But how is it calculated, and what represents a ‘good’ yield? I’m often […]
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Finding the right tenant takes more than a reference check. The rental market is fast-paced and competitive. Agents have an average of six viable applicants for every tenancy. In such a climate, it could be tempting to let the property to the first applicant to pass a reference check. Bish, bash, bosh – done. But […]
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