Five Key Pieces of Legislation for Landlords
By The PR Lettings TeamOwning buy-to-let property can be an exciting experience, buying residential property to rent in Preston can be a secure and rewarding form of investment. However, for some keeping up with legislation and regulations can be...
HMRC Issues Warning to Landlords Regarding 'Hybrid' Tax Avoidance Scheme
By The PR Lettings TeamHMRC has recently provided updated guidance concerning a tax avoidance scheme that specifically targets landlords in the country.
This scheme is promoted as a tax planning option available to individual property...
Warning! – Don't Compromise on EICRs
By The PR Lettings TeamLandlords in England may unknowingly be jeopardising their tenants' safety by opting for the more budget-friendly choice when selecting an electrician for their Electrical Installation Condition Report (EICR).
This...
New Damp and Mould Guidance for Landlords
By The PR Lettings TeamThe government recently published guidance for both private and social landlords, ushering in a dramatic shift in the way that mould is approached in rental houses by prohibiting the practice of blaming tenants' damp and mould...
Area Spotlight - Lostock Hall, Preston
By The PR Lettings TeamOur monthly feature by Kyle Hastings
Lostock Hall is a popular residential area that is always in demand from prospective tenants. Situated between Bamber...
How to Make the Most of Your Outdoor Space in Chorley
By The PR Lettings TeamYou would be forgiven for thinking that once the glorious days of Summer, or September heatwaves, are over that your outdoor space will become uninviting and unusable until the Spring. Here are some tips to enjoy your garden in...
Autumn Property Maintenance Ideas for Preston Landlords
By The PR Lettings TeamAs the kids go back to school and summer starts to fade, it's a clear sign that autumn is well on its way. For landlords, this change in season presents an ideal time to ensure your Preston properties are prepared for the...
What Is Fair Wear and Tear?
By The PR Lettings TeamThe term "fair wear and tear" describes the natural and reasonable deterioration of a rental property that occurs as a result of normal, everyday usage during a tenancy. It differs from damage that results from tenant abuse,...
The Impact of Location on Rental Values Around Preston
By The PR Lettings TeamWhen it comes to letting property, the old adage "location, location, location" is still true. The most significant variable that affects a property's rental value is its location. Understanding the impact of location on rental...
Property Renovations That Guarantee the Best ROI in Chorley
By The PR Lettings TeamRenovating your rental property can be a rewarding endeavour, increasing its attractiveness to potential tenants and adding value to your investment. However, not all renovations yield the same return on investment. If you're...
Streamline Viewings and Find New Tenants Quickly - 7 Tips for Preston Landlords
By The PR Lettings TeamDemand for rental homes in Preston is soaring, meaning that there is unprecedented demand for every single home that is put on the market. This in turn increases the number of applications that landlords need to filter through...
Don't miss out on letting your Leyland property while you're on holiday
By The PR Lettings TeamAre you planning a well-deserved holiday but are worried about your absence affecting your chances of letting your Leyland property? To ensure your rental property remains viewing-ready while you are away we have five essential...
Preston Landlords! Essential Summer Property Maintenance Jobs
By The PR Lettings TeamSummer is the ideal time to take care of property maintenance tasks and ensure that your Preston rental property stays in good condition. It is much easier to complete a variety of maintenance tasks to safeguard your property...
How to Attract Tenants and Minimise Rental Voids in Chorley
By The PR Lettings TeamIn a competitive rental market, it's crucial to be able to attract tenants and minimise vacancies to maximise your rental income.
This blog will share helpful hints and methods for marketing your Chorley rental property...
Area Spotlight - Holland House, Walton-le-Dale
By The PR Lettings TeamOur monthly feature by Kyle Hastings
This month we're narrowing our search down to a specific estate. The Holland House estate sits on the border of...
Navigating the UK Rental Market in July: Tips for Tenants and Landlords in Preston
By The PR Lettings TeamJuly brings opportunities and challenges for everyone in Preston involved in the rental market. Following these tips can help you to ensure that you are ready to both take advantage of the opportunities and tackle the...
Do Landlords Need to Register with the ICO?
By The PR Lettings TeamOne topic that frequently causes confusion with landlords is whether they need to register with the ICO (Information Commissioners Office) for GDPR. In short, the answer is yes. Below we delve into the requirements of GDPR...
Prepare Your Important Rooms To Let
By The PR Lettings TeamThe two most important rooms in a property for tenants are the kitchen and the bathroom. That is because not only are they the two rooms where they will spend the most time after their bedrooms, but they can also do very little...
Area Spotlight - Fulwood, Preston
By The PR Lettings TeamOur monthly feature by Kyle Hastings
This month we're taking a closer look at Fulwood, a suburb to the north of Preston and one that proves consistently...
Preston Landlords! The best time to submit your Self Assessment tax return is now
By The PR Lettings TeamHMRC have released detailed information about the benefits of submitting a 2022-2023 tax return now and have asked this to be shared with landlords in the Private Rented Sector. This affects any person that...
How to Maintain Your Roof on Your Chorley Property
By The PR Lettings TeamAll property owners are aware of how important their roof is, but very few actually know how to maintain it.
If you are a self-managing landlord in Chorley, it’s even more important that you check your roof...
How to Work Out the Rental Yield of Your Preston Property
By The PR Lettings TeamBeing able to calculate the rental yield of a property is vital for investors and landlords, as it helps identify a property's profitability. Rental yield, put simply, is the return on investment you might anticipate from a...
Area Spotlight - Preston City
By The PR Lettings TeamOur Monthly feature by Kyle Hastings
The centre of Preston City has undergone significant regeneration over the last few years, owing largely to the...
How to Prepare for Tenant Turnover – Tips for Chorley Landlords
By The PR Lettings TeamBeing ready for tenant turnover is one of the most important components of maintaining a rental property in Chorley as a landlord.
Landlords must react quickly to prepare the property for the next tenant once...
How To Give Your Leyland Rental Property A Spring MOT
By The PR Lettings TeamA springtime property MOT will enable you to tackle any issues while the weather is favourable and before the peak season for hiring plumbers, builders, and other contractors. The harsh winter months can often cause small...
7 Things Preston Landlords Must Do
By The PR Lettings TeamBeing a landlord in the Preston can be both financially rewarding and personally fulfilling. It does, however, come with a special set of unique challenges and responsibilities. It is your responsibility to ensure that your...
Area Spotlight - Hoghton
By The PR Lettings TeamOur monthly feature by Kyle Hastings.
Hoghton is an excellent example of why semi-rural living is in high demand at the moment.
...The Best Things Landlords Can Do
By The PR Lettings TeamThe rising cost of living is squeezing everyone’s budgets, which means it is more important than ever for landlords in Leyland to do everything they can to try to ensure that they help their tenants manage their energy use...
The Silent Killer – A Landlords Responsibility
By The PR Lettings TeamCarbon monoxide (CO) is a colourless, odourless, and tasteless gas that is highly toxic to humans and animals. It is often referred to as the "silent killer" because it can cause death without any warning signs. In this blog,...
Do I Need an EPC for My Preston Property?
By The PR Lettings TeamEveryone who is advertising their residential property for rent in the UK is required by law to commission an EPC. Therefore yes, you do need an EPC if you are going to rent your Preston property. In Scotland, it is required...
How Can You Help Your Chorley Tenants With The Cost Of Living Crisis?
By The PR Lettings TeamThe rising cost of living has affected everyone. It is always in a landlord’s interest to help their tenants, wherever possible, be happy and content in their home. Happy tenants become long-term tenants, which reduces rental...
Area Spotlight - Bamber Bridge
By The PR Lettings TeamOur monthly feature by Kyle Hastings. This month he talks about Bamber Bridge.
Bamber Bridge is an area that is always in demand from prospective...
Are You Considering Renting Out Your Property in Preston?
By The PR Lettings TeamDo you have a property in Preston that you would like to rent out? Renting out a property is a great way to make some money and invest in your future, especially in these areas where there is a high demand for rental...
Want To Be Successful In Property Renovations?
By The PR Lettings TeamWe’ve all been drawn in to the TV programmes about property development and watched something go from uninhabitable to something we all dream of owning. But have you ever been tempted to give it a go?
All...
Letting Agents Are The Matchmakers Of Property In Chorley
By The PR Lettings TeamLet’s take a deeper look at the property relationship and how letting agents can help start a wonderful relationship.
Tenants
Just like relationships between people, the relationship we have...
Area Spotlight - Ashton-on-Ribble
By The PR Lettings TeamIntroducing our new monthly feature by Kyle Hastings.
Each month Kyle will highlight a popular area that is worth considering when thinking about...
Top Ten Features Renters Want In A Preston Home In 2023
By The PR Lettings TeamAs a landlord, it's important to understand the needs and preferences of renters in order to provide them with a comfortable and enjoyable renting experience. By keeping informed of what renters want when it comes to searching...
Pension vs Property - Buy-to-Let Insights for Leyland
By The PR Lettings TeamRising mortgage rates, increasing regulatory pressure to improve the EPC ratings of their rental properties and the prospect of paying increasing amounts of tax...
How Much Rent Should You Charge For Your Leyland Property?
By The PR Lettings TeamOne of the most important decisions you will make as a Leyland landlord is how much rent to charge your tenants. If you set your rent too high then you will risk making your property too expensive for potential tenants causing...
Will 2023 Be A Good Year For Preston Landlords?
By The PR Lettings TeamRents for new lets rose steadily throughout 2022 with Zoopla revealing that there had been a 12.3% year-on-year rise for new lets in October. It was not all good news for landlords though with inflation hitting a 40-year high...
Tips for Tenants & Landlords in Chorley to Save on Heating Bills
By The PR Lettings TeamWith energy bills soaring, we are all looking for ways to stay warm without breaking the bank. Here are 10 tips for both tenants and landlords in Chorley for keeping those heating bills down while still staying warm and...
Why You Should Use a Lettings Agency to Manage Your Leyland Property
By The PR Lettings TeamManaging your own rental property in Leyland is certainly possible but there are many advantages to employing the services of a lettings agency.
...How to Update Your Preston Rental Property on a Budget
By The PR Lettings TeamDo you want to give your Preston property a makeover and make it look more welcoming? Try these budget-friendly ideas to help make your property more desirable to potential tenants.
Give the kitchen a...
Right to Rent Checks - Changes for Chorley Landlords
By The PR Lettings TeamThe regulations for landlord right to rent checks were updated on 1 October 2022, following interim measures introduced during the Covid-19 pandemic.
Five Leyland Rental Property Maintenance Jobs You Should Do Now
By The PR Lettings TeamYour rental property in Leyland is one of the biggest financial commitments that you will ever make so it makes sense to make sure that you are doing everything you can to look after it. However, many of us are guilty of...
Who Should Fix It?
By The PR Lettings TeamThe Tenancy Deposit Scheme’s property maintenance quiz has revealed that there is confusion amongst landlords about which maintenance tasks on their rental properties they are responsible for.
The fact that...
How to Choose the Right Letting Agent in Chorley
By The PR Lettings TeamChoosing a letting agent to manage your property can seem like a difficult task. There are so many available and of course, they all say that they are the best around! What should you consider when choosing which one to trust...
Carbon Monoxide - The Silent Killer
By The PR Lettings TeamLandlords! Are you aware of the new regulations?
Since 1st October 2022 it has been a legal requirement for landlords to have a carbon monoxide alarm fitted in any living room that contains a fixed combustion...
How to Become a Successful Property Developer in Leyland
By The PR Lettings TeamHave you ever watched a programme about property development and been tempted to give it a go?
All those wonderful before and after shots make it look so easy. From our comfortable sofas, we cockily criticise...
How to Winterproof Your Chorley Property
By The PR Lettings TeamLooking after your property asset in Chorley, Preston or Leyland and looking after your tenants goes hand-in-hand. Completing these maintenance jobs will not only protect your property from whatever weather Winter will throw at...
Are Qualifications or Experience More Important When Choosing a Letting Agent?
By The PR Lettings TeamStudies have shown that most landlords in Preston, Leyland and Chorley have already chosen the letting agency they are going to use to let their property before the agent even sets foot in the property to do a valuation. So...
The Pros and Cons of Being a Buy-to-Let Landlord in Leyland
By The PR Lettings TeamBuy-to-let property is often seen as an attractive way of accumulating wealth or as an alternative option to a pension. However, while purchasing buy-to-lets is undoubtedly a good investment, they are also a long-term...
Free for Landlords, Better for Tenants
By The PR Lettings TeamThe Alternative to Cash Deposits
Demand for alternatives to cash deposits in Preston, Leyland and Chorley has rapidly increased in recent years. A generation of adults have been priced out of the housing market and it is...
Home Upgrade Grant – Available in Preston
By The PR Lettings TeamPreston City Council are now offering the Government’s ‘Home Upgrade Grant’ to its residents.
The grant amount is dependent on the EPC rating of your property and how it is currently heated but can be up worth up...
Landlords! Can You Afford Not to Have Rent Protection for Your Chorley Property
By The PR Lettings TeamMost landlords know they need to protect their investment and will immediately purchase landlord buildings insurance, quite often it being a requirement of the buy-to-let mortgage. But how many of you think about rent...
Five Things That Can Cause Good Leyland Tenants to Leave
By The PR Lettings TeamThere are many reasons that may cause good tenants, in Leyland, to decide to give notice and many of these have absolutely nothing whatsoever to do with either the property or their landlord. However, there are some things that...
How to Choose the Perfect Buy-to-Let Property in Chorley
By The PR Lettings TeamPurchasing a buy-to-let property in Chorley can be an excellent and rewarding investment. If you choose the correct property then a good long-term income from your investment is nearly...
Landlords Legal Responsibilities – Annual Gas Safety Checks in Preston, Leyland and Chorley
By The PR Lettings TeamGas Safety Week: Fighting for a Gas Safe Nation
We are proud to be supporting Gas Safety Week 2022, taking place 12 – 18 September.
Gas Safety Week is an annual safety week to raise awareness of gas safety and the...
Surveyors Warning – Some Insulated Properties May Be Unmortgageable
By The PR Lettings TeamA warning has been issued by the Residential Property Surveyors Association (RPSA) that as many as £250,000 properties, with some likely to be in the rental sector, may be unmortgageable due to the insulation installed.
...Why Chorley Buy-to-Lets Are Still a Good Investment
By The PR Lettings TeamIf you’re a landlord in Chorley, chances are you’re feeling a bit hard done by at the moment. It seems like every week, new legislation and regulations plus revisions to current landlord and tenant laws are being announced,...
Are You Unhappy with Your Preston Letting Agent?
By The PR Lettings TeamAre you a landlord and are unhappy with your letting agent in Preston? Many landlords choose to put up with poor service from their letting agent rather than having to deal with the hassle of switching agents in the middle of a...
How Chorley Landlords Can Beat Bug Infestations
By The PR Lettings TeamIf the thought of an insect infestation at your Chorley rental property makes you shudder, read on to find out how to beat the bugs this summer.
No landlord wants uninvited visitors in their buy-to-let – especially...
Why Preston Landlords Should Never Skip Doing an Inventory
By The PR Lettings TeamA thorough inventory can save a landlord time and money and prevent messy end-of-tenancy disputes. So why do so many landlords in Preston, Leyland and Chorley rush this essential stage – or skip it altogether?
In...
How to Find and Keep Good Tenants in Leyland
By The PR Lettings TeamAll landlords want is a good tenant. Even better is a good tenant who wishes to rent your property in Leyland, Chorley or Preston for a long time as it means you won’t be faced with rental voids or...
What’s Your View on the Renters Reform Bill White Paper?
By The PR Lettings TeamIf you are private landlord in Preston, Chorley, Leyland, Blackburn or surrounding areas please read on, this affects you.
On 16 June 2022 the Government’s Department for Levelling Up, Housing & Communities released...
Smoke and Carbon Monoxide Alarm (Amendment) Regulations 2022
By The PR Lettings TeamGuidance for Landlords and Tenants Issued
If you are landlord in Preston, Chorley, Leyland or Blackburn you need to know this!
Guidance from the government has now been issued to support landlords, agents and tenants...
Busting Landlord Myths in Preston
By The PR Lettings TeamMany people think that being a landlord is a cinch. Rent out a property in Preston, move some people in, sit back and rake in the cash… if only it was that simple.
Any experienced landlord knows that owning rental...
How to Carry Out a Property MOT on Your Preston Buy-to-Let
By The PR Lettings TeamIt pays to sit down once a year and review how your buy-to-let in Preston is performing and flag up any potential issues looming on the horizon. A two-minute read.
We’re all familiar with an MOT, an annual check-up to...
How to improve your kerb appeal
By The PR Lettings TeamWhether you are looking to let your property in Preston, Leyland or Chorley or are a tenant who wishes to make your home look more inviting to visitors the very first thing you should consider is...
WFH in Leyland and Landlords: What You Need to Know
By The PR Lettings TeamIn our post-pandemic world, working from home (WFH) has become commonplace for many people. But as a landlord, you need to make sure that if your tenants are WFH they are doing so in a way that doesn’t impact you negatively....
Property Inspection Tips for Chorley Landlords
By The PR Lettings TeamProperty inspections are a vital part of managing a tenancy so it’s essential that landlords get them right. Here are some top tips to ensure landlords in Chorley don’t miss a thing. A three-minute read.
We’ve...
Top Tips for Finding the Best Tenants in Preston
By The PR Lettings TeamThe secret to a smooth-running tenancy in Preston is good tenants. Here’s how to find them. A two-minute read.
There are few guarantees in life, but we promise you this: let your property to a bad tenant, and your...
What Landlords Need to Know about Their Legal Responsibilities
By The PR Lettings TeamThis two-minute read explains how landlords in Preston, Leyland, Chorley and East Lancashire can navigate their way through an ever-growing list of rules and regulations.
There’s one rookie mistake that many...
Guaranteed Rent or Guaranteed Stress?
By The PR Lettings TeamAs a busy landlord juggling a portfolio of multiple properties, you might be thinking about ways to reduce your workload or secure a regular income. Have you been enticed by promises of guaranteed rent?
Guaranteed...
A Guide to Switching Letting Agents
By The PR Lettings TeamMake a Change to Improve Your Lancashire Rental Business
This two-minute read looks at why landlords should change letting agents and how it can benefit them.
Did you know that lots of people pay more for their...
A Quick Guide for New Landlords
By The PR Lettings TeamWhat You Need to Know as a First-Time Landlord in Lancashire
Being a first-time landlord can feel daunting. There’s a lot to do before you can get your property rented out – such as repairs, legal obligations,...
Are HMOs Worth the Hassle?
By The PR Lettings TeamAs a landlord, you might be thinking about how to get more value from your property. While the rental market for single tenancies is booming, have you considered a House in Multiple Occupation (HMO)?
These days, HMOs...
Four Things You Must Do If You’re an Accidental Landlord
By The PR Lettings TeamIf you’ve become a landlord due to unexpected circumstances such as bereavement or a new relationship, here’s some helpful advice. A two-minute read.
It’s surprising how many people become landlords more by...
A Guide for Landlords on Managing Energy Bills
By The PR Lettings TeamEnergy Bills: How to Avoid Disputes and Help Your Lancashire Tenants
This eight-point plan outlines the best way landlords with properties in Preston, South Ribble and Chorley can manage the issue of energy bills....
Why Letting Agents Make Landlords’ Lives Easier
By The PR Lettings TeamAs a trusted local letting agent, we work with a lot of landlords with properties in Preston, Leyland and Chorley. Finding tenants, managing properties, organising inspections – we take care of each step. However, more and...
Should I Rent My Preston Property to Family Members or Friends?
By The PR Lettings TeamHere are some questions you should ask yourself before you rent your Preston property to family or friends. A two-minute read.
Do they need to sign a tenancy agreement?Yes, yes, and yes again! They might...
Why Landlords Shouldn’t Ignore Tenants’ Texts or Calls
By The PR Lettings TeamWhen a tenant gets in touch, don’t faff about – a prompt response will save you time and money in the long run. A three-minute read.
Picture this: you’re frantically busy at work, scrambling to meet an urgent...
Joint Tenancies: What Landlords Need to Know
By The PR Lettings TeamWhen they run smoothly, joint tenancies can be a good source of income for landlords. This three-minute read explains how to get the best out of them.
Joint tenancies are a great way for friends or couples to live...
Repairs and Maintenance – What Are a Landlord’s Responsibilities?
By The PR Lettings TeamThis two-minute read details a five-point plan to help landlords in Preston, South Ribble and Chorley manage their maintenance responsibilities.
There’s no quick fix when it comes to maintenance and repairs; to...
A Guide to Reference Checks: What Landlords Need to Know
By The PR Lettings TeamDon’t make the rookie mistake of cutting corners with reference checks – it’s a sure-fire way to wind up with a nightmare tenant. A three-minute read.
When it comes to tenant selection, there’s a saying that all...
Ending a Tenancy: Reasons and Rules around Taking Possession of a Property
By The PR Lettings TeamReasons Why Landlords in Preston, Leyland & Chorley End Tenancies
This two-minute read looks at why landlords end tenancies and the issues and implications around taking such a step.
From toxic tenants to financial...
What the Rise in Older Renters Means for Landlords
By The PR Lettings TeamThe Rental Trend That Could Be Good News for Savvy Lancashire Landlords
We explore what the rising rate of older renters means for Preston, South Ribble and Chorley landlords. A two-minute read.
Landlords looking...
EPCs Are Changing. Landlords, Are You Ready?
By The PR Lettings TeamHow to Boost Your Rental’s EPC in Preston, Leyland and Chorley
Calling all landlords! Have you checked your buy-to-let property’s Energy Performance Certificate (EPC) rating lately?
No?
Unfortunately,...
What Landlords Need to Know about Generation Rent
By The PR Lettings TeamThe Generation Game: What Preston, Leyland and Chorley Tenants Look for in a PropertyThis week’s article is just a three-minute read and looks at the changing rental market and what it means for landlords with properties in...
Reasons Why Landlords Sell Their Properties
By The PR Lettings TeamA three-minute must-read if you’re a landlord in Preston, Leyland or Chorley considering selling.
It’s often thought that being a landlord is easy: buy a property, rent it out, and hey presto! You’re all set....
How to Spread the Love as a Landlord or Tenant
By The PR Lettings TeamLet There Be Love – The Landlord and Tenant Special. In this two-minute read, we look at ten ways to improve any landlord and tenant relationship.
If you do a quick Google search on ‘how to keep love alive’,...
Landlords – Avoid These Common Décor Mistakes
By The PR Lettings TeamFive Common Décor Disasters Landlords in Lancashire Should AvoidIn this two-minute read, we explore some common mistakes landlords make when it comes to décor.
Are you a landlord with a new rental property? Are you...
Two Top Tax Tips for Landlords
By The PR Lettings TeamThe Two Tax Tips Every Lancashire Landlord Needs to Know
This two-minute read includes some handy tax advice for landlords in Preston, South Ribble and Chorley.
Our tax system is often criticised for being...
Should You Buy Your Rental Property Using a Limited Company?
By The PR Lettings TeamDo Landlords in Lancashire Need to Set Up Limited Companies?
In this two-minute read, we have a quick look at what you need to consider when becoming a landlord.
Before becoming a landlord, you need to consider how...
The Differences between Landlords and Property Investors
By The PR Lettings TeamAre You a Landlord or a Property Investor in Preston, South Ribble or Chorley?
In this two-minute read, we look at the differences between landlords and property investors.
What’s the difference between a...
How Landlords Can Beat the Blue Monday Moods
By The PR Lettings TeamWe share how landlords can avoid feeling down on the year’s most depressing day in this two-minute read.
If you’re feeling a little flat, low, or down in the...
Four New Year’s Resolutions Landlords Will Love
By The PR Lettings TeamFour Resolutions Landlords in Lancashire Should ConsiderIn this two-minute read, we look at four New Year’s resolutions landlords in Preston, Leyland and Chorley can make to earn more money, have less hassle, and maximise...