Landlord Challenges in 2023
Being a landlord can be a challenging but rewarding experience. However, landlords are facing a number of challenges in 2023.
Being a landlord can be a challenging but rewarding experience. However, landlords are facing a number of challenges in 2023.
Read about our overview on the Buy to Let Mortgage Rates for August 2023.
Learn more about Rent Guarantee Insurance, how it works and the benefits of Tenant Screening’s Rent Guarantee insurance for landlords.
As part of the tenancy-application process, letting agents and referencing services such as Tenant Screening assess whether your income is sufficient to cover the rent on the property you wish to rent. They use a standard affordability calculation — multiplying the monthly rent by a fixed factor to determine the required gross annual income. This ensures that prospective tenants can realistically manage the rent without overstretching their finances.
Earlier this month, we had the pleasure of visiting one of our long-serving HMO partners in Swindon to view one of their HMO (houses of multiple occupation) properties that we have been providing tenancy referencing for over the past 5 years.