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What are my responsibilities as a Landlord?
If you're thinking of becoming a landlord, there are a number of rules and regulations you’ll need to consider. read our guide to find out more.
The impact of the pandemic and lockdown has impacted every aspect of life, and many people have suffered financially because of it Many landlords have been left concerned about tenants inability to pay their rent, and in spring of 2021, there were genuine concerns about rent arrears rocketing.
At Thomas Morris, we know that buying and selling a home is difficult. Right now, demand for homes far outstrips supply. This means it is a great time to sell your home, but once you have sold it, it might be difficult to find a suitable new home.
At Thomas Morris, we know landlords are interested in the annual rental growth figures. While the demand for rental property has been high of late, it is natural to question whether this will continue.
For all the changes in the past year or so, the demand for rental property is still great. In fact, it is probably getting bigger with each passing month.
It is likely that rental property will need to meet higher standards when it comes to energy efficiency. All landlords understand the importance of the Energy Performance Certificate, the EPC, and how your rental property must be up to standard.
There are many things landlords need to consider when running their business, but if you don’t manage your cash effectively, you leave yourself open to big trouble. Therefore, it is vital you manage your cash flow, and this is something we recognise at Thomas Morris.
We’ve already looked at some of the ways landlords can manage their cash flow, but as there are so many great ways to improve how you run this part of your business, we are here to offer you more advice and guidance on the matter.