Uncategorized

It is Important for You to Understand: What an EICR (Electrical Installation Condition Report) is?

Today, we want to talk about what EICR (Electrical Installation Condition Report) is.  As the Landlord, it is their obligation and must be known. As a tenant, you also need to understand your rights. Starting from 2021, the government requires all rental contracts (including renewals) to have a valid EICR certificate issued by a qualified person. This report involves all electrical installations...

How to Choose a Letting Agency with High-quality Service and a Good Reputation? 如何選擇一間優質服務、信譽良好的租務代理

In the UK, property agents engaged in residential lettings must be registered members of government-authorized Redress Schemes. We saw a discussion among some Hong Konger on the Internet. Whether the Landlord wants to find a letting agent to manage and rent the property, or the tenant wants to rent the property through a letting agent, it is difficult to choose a leasing agent with high quality...

Clear Guide to the Deposit Protection Scheme 如何保障租戶按金

It's important for tenants to know that if their landlord fails to deposit their tenancy deposit with a statutory institution designated by the government, then the court has the power to order the landlord to repay up to three times the lease deposit to the tenant. The law requires landlords to deposit the full deposit into one of the following statutory institutions: *Deposit Protection Service...

Besides Paying Rent, What Other Expenses are Tenants Responsible for? 作為租客,究竟有甚麼費用除了租金是要自己負責呢?

As a tenant, what expenses are you responsible for besides rent? Unless the landlord states that the rent will include water, electricity and gas, the tenant will be responsible for water, electricity, gas, council tax, broadband, TV license and other expenses in addition to the rent. Water bill Water suppliers are determined by geographical area, with United Utilities being the only...

What Is a Good Return on Investment (ROI) for a Buy-to-Let Property in the UK? 如何計算投資物業的租金回報

Due to the recent increase in mortgage interest rates, property prices are gradually trending from sideways to downward. Is this a good time to buy a Buy-to-Let Property? Buying a property is always a major investment, and the amount of money invested can be large or small. You may need to calculate whether there is a reasonable return before doing so, but how should return on investment (ROI) be...

Tenant Referencing 租戶背景查閱

Tenant referencing When renting a property in the UK, the landlord and/or agent will conduct basic background checks on tenants to ensure that they will rent to a good tenant. Tenant referencing will include: • Whether the tenant has the Right to Rent in the UK, you can simply go to the website of the UK government to know, https://www.gov.uk/prove-right-to-rent • Is your income...

英國業主出租物業時的責任

作為業主,當你出租英國物業單位, 你須要根據租務條例在不同範疇上要求, 才能合法地出租單位, 當中包括: 物業安全性 租約按金處理 租戶的租住權 物業交收記錄等等... 為減輕管理所有這些責任的壓力, 業主可考慮將物業交由租務代理全權管理. 專業的租務代理的收費一般介乎每月租金的8-12%,...

What is the Non-Resident Landlord Scheme (NRLS)?

The NRLS is a scheme to tax the UK rental income of persons who have a usual place of abode outside the UK – known as non-resident landlords. The NRLS imposes obligations on the tenant or the letting agent (if there is one). The law requires you to comply with a number of obligations under the NRLS (known as ‘operating’ the NRLS) if: you pay rent directly to a landlord who has their...

Compare listings

Compare