THE ROCHILLS BLOG
Industry News, Advice and Tips from our local Property Experts.
How to find a place to rent.
It’s still worth taking the time to ask yourself exactly what you’re looking for before you seriously start your search. This will help you to firm up your requirements and narrow the options.
Preparing for reference checks.
To successfully pass referencing you will firstly need to pass the affordability check. The calculation is normally that your gross annual salary would need to be at 30 times the monthly rent.
What to look for on viewings.
Your viewings are the prime opportunity get clarity on what you would be renting if you took the property so it’s vital to ask any questions you have.
Moving and Inventories
At the start of any tenancy, an inventory check-in should be carried out. This audit is in two parts, the ‘inventory’ lists all of the items and the contents of the property and the ‘check-in’ lists the condition of all of those items at the start of the tenancy along with confirmation of meter readings and the number of keys handed over to the tenant/s.
Choosing where to buy…
Before you look for a property, you need to decide on the area. It could be the most important decision you make: get it wrong and you will either be unhappy with where you live, or face the costs of moving again …
The advantages of renting.
With the lack of affordability in the property sales market, more and more of us are opting for renting. Renting is an option of choice for so many of us now because of the flexibility it offers:
What is a tenancy agreement?
The tenancy agreement is a contract between you and your landlord. It may be a written or spoken agreement. The tenancy agreement gives certain rights to both you and your landlord, for example, your right to occupy the accommodation and your landlord’s right to receive rent for letting the property.
What to consider before becoming a landlord.
With interest rates remaining low, house prices growing and the recent changes to pensions, more people are looking to buy-to-let as an investment option. If that’s what you’re thinking of doing, here are top tips on what you need to consider to help you make this decision…
The process of buying a property…
Buying your first home can be daunting. The decisions you make along the way could save money or cost more money. Here’s a step by step guide to buying a home
The hidden costs of buying a property…
There are lots of hidden costs that can add more than 10% to the total bill, which you need to factor in to your buying budget. Maintaining a property also costs more than many former rental tenants can expect. If you are not prepared for these costs, the first few years of owning your own home can be a struggle.
Saving for a deposit…
Homeownership in the UK has fallen to the lowest level in 25 years and this has a lot to do with the rise in deposits required to secure a mortgage. House prices are around six times the average salary and following the outcry over irresponsible lending banks are demanding hefty deposits these days. So, how do you go about raising that elusive 20%?
How to buy and sell at the same time…
A property chain can cause dreaded chaos, which can end up with complications at the last minute. So, take a look at the steps you can take to help reach those milestones more smoothly if you find you’re having to buy and sell at the same time.
