Everything You Need to know About Student Tenancy Deposits
So, you’ve found a great student property for you and your mates, signed a contract and now you need to pay the tenancy deposit also known as a rental deposit.
Tenancy deposits are a critical part of renting a property as a student, acting as a security which provides landlords with protections should any damage occur to the property. In this blog we’ll look at the ins and outs of rental deposits, what they are, how they are protected and what to do it if you have any issues in receiving it back at the end of a tenancy.
Should you Buy a Property at Auction to Let as an HMO?
If you’re a UK landlord looking to expand your student or HMO property portfolio or simply interested in buying a property to let, you may want to consider purchasing at an auction.
Property auctions can offer great deals and opportunities to buy properties that may not be available through traditional channels.
However, it’s also important to be aware of the potential pitfalls and risks involved in buying at an auction so that you can weigh up the pros and the cons.
2023 Buy to Let Property Market Predictions
If you’re a landlord or interested in buying a property to let, the turbulent economic situation of recent months may have put you off investing in this venture.
Should You Sell or Rent out Your Property as an HMO?
Inheriting a property or being responsible for a second home can come with the question of whether it should be sold and the cash banked or whether to use it as an investment opportunity and let it out to students as a House in Multiple Occupation (HMO).
Valuing a Buy to Let Property. How Much Rent Should Student Landlords Charge?
When letting a new in multiple occupation (HMO) property, deciding the rate to charge students is one of the most important aspects of being a landlord.
Charge too high, and you risk putting potential students off and missing the critical chance to ensure your property is occupied for the new term.
Are Virtual Viewings the Future of Student Lettings?
Technology is integrated into almost every aspect of our lives, so why should finding a student property be any different?
How to Avoid and Minimise HMO Tenancy Voids
Void periods are without doubt one of the key factors affecting the profitability of HMO (house in multiple occupation) buy-to-let properties.
Of course, no landlord wants to have periods where there are no students in their property as it means missing out on rental income, however rushing to find new tenants without the proper screening procedures often means shorter tenancies and more disputes which is counterproductive in the long term.
Luckily, there are some simple things you can do to minimise and even avoid these frustrating tenancy voids.
Renting Out a Student Property – Guide for First Time Landlords
Many people explore the student buy-to-let market for a range of reasons, the most common being to make profitable revenue.
While investing in HMOs is a popular way to generate a passive source of income and enable financial freedom, with the many rules and regulations involved, it can be daunting too.
In our guide for first time student landlords, we break down the key considerations for anyone thinking of renting out a property for the first time.
So, whether you’re looking to let out your first student property, or have aspirations of building a HMO portfolio, the following tips and advice can help you manage your property successfully.
Is Buy to Let a Good Investment for Student Landlords in 2022?
Investing in a HMO has long been an attractive option for many landlords, but with the large costs and strict legislation involved, many are questioning whether or not it’s still a lucrative investment in 2022. Find out our thoughts.
Virtual Viewings Now Available from Digs
We are one of the first letting agents in Bristol to offer this immersive way to view properties without being there physically; properties can be viewed on a computer, mobile phone, tablet or even with a virtual reality headset.