Commercial Vs Residential landlord
BTL, commercial landlord, landlords
Commercial Landlord Vs Residential Landlord. Are you considering which one is better? Before COVID, commercials were definitely easier to manage, but now, when businesses are struggling, it's definitely harder. Residential has its own headaches, but the demand is still strong. We advise you to keep an eye on the market over the next four months and make your decision
Misleading Agents
letting agent
Has anyone else noticed agents using Rightmove and Zoopla misleading customers? Properties that have been there for ages are not being taken off. Also, when clients are calling, they are being given an array of excuses, such as a sale has been agreed, come on, really, for the last 9 months! These agents are clearly still trying to attract phone calls with properties that are not for sale. And trying to mislead people by capturing marketing details. Pretty rubbish practice we say and will only serve to sow distrust, be warned agents! and we are talking about some of the bigger name ones out there. People over profit!
Investment opportunity
Looking for a project post-COVID. Check this property out.
https://www.rightmove.co.uk/property-for-sale/property-86608061.html
On the market guide price is around £45k in Grimesthorpe. In need of modernization. Average house prices on this road are around £65k, so a quick flip here or get a good yield on this property if you decide to rent.
Checking out tenants during Covid
pandemic
Are your tenants leaving your property mid-COVID-19? Can't go round to the property to check them out due to Covid worries. Worried about handing back the deposit without doing a check? Consider doing a virtual checkout on a smartphone. This may ease your worries a bit.
Housing Minister says he won't implement a rent freeze
housing minister, rent cap
Finally, some good news to wake up to for landlords, someone in the Government is thinking about the Landlords' needs. The housing minister has said he will not be implementing any rent caps or rent freezes post-COVID. Even though there has been growing pressure. This will be a relief for all landlords; otherwise, how else would they accumulate lost income? A sensible repayment plan is what's needed, not a way to reprimand landlords.
Hopefully there is some light at the end of the tunnel
https://www.landlordzone.co.uk/news/housing-minister-bats-off-calls-for-rent-increase-ban-in-england
We are different
We pride ourselves on being a local service for Sheffield and Rotherham. We are not National and that is where our beauty lies. We can bring you expert knowledge not just of housing but also about the area your property is based in. We are happy to meet as and when you need so we are not just available over the phone.
Extreme measures for landlords
What really started us on this journey at My Landlord Cares was people in the public domain who don't understand how hard it is for landlords to survive in these current climates and were talking well before Covid-19. The labelling of landlords and letting agents as 'greedy' and 'selfish' is only compounded by articles like this.
The abolishment of Section 21 will hit landlords hard who may have problematic tenants, but no one is talking about this side in the public domain.
We will work with tenants and landlords to come out of Covid
We will work with landlords and tenants to come to a mutually agreeable conclusion to this current crisis. We will be sympathetic and be the brook
Changing ways of working
We have struggled like all other Lettings agents' services in these difficult times. We have had to ramp up our social media and online presence. Trust us, this is no easy feat! Being a traditional service, we relied on our networks to receive referrals and tenants, and this is a way of working we always promote. But this new online world has completely blown our minds with SEO, SERP, and Keywords!! At this rate, we will become a marketing agency!
How can we help through Covid-19
We can support you further by working out plans which are bespoke to you. This may mean helping you to understand what government legislation means and how this will affect you. Does your tenant need a repayment plan we can support in these situations. Are their necessary work that needs to take place we can arrange for necessary contractors to undertake this and still maintain physical distancing rules.