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Deposit and Associated Costs
How HMO Landlords and Student Tenants Can Work Together To Reduce Rental Costs
With the cost of living having increased substantially in the last few years, student tenants and their landlords are feeling the effects. However, there are ways that HMO landlords, letting agents and students can work together to help minimise living costs for tenants.
In this blog we’ll look at 6 key areas where proactive measures could help student tenants and landlords reduce rental costs.
Read more12 Ways to Add Value to Your HMO Rental Property
As a landlord you want to maximise your investment in your HMO properties, whilst providing good accommodation for your tenants. With 35% of households living in social or private rented accommodation, there is good demand for rental property, but attracting a certain demographic and investing in your property takes careful consideration to ensure you get a return on your investment.
In this blog we look at the 12 ways landlords can add value to an HMO rental property and appeal to their ideal tenants, whilst keeping an eye on the budget and yield.
Read moreWhy Are Student Landlords Setting Up Limited Companies for Their Rentals?
Since 2017 the number of limited companies being set up by landlords holding properties has tripled, with 300,000 being recorded in 2022. In fact, it is estimated that 40% of all new buy to let purchases are now made via a company structure.
This change in legal entity for many landlords of student properties was brought about by the alternations in the tax relief system which was announced in 2015, known as Section 24 and changed how landlords were taxed on their rental income.
This blog looks at why landlords with a portfolio of student houses have started switching to owning properties as a limited company and the pros and cons of such a move.
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