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7 Tips to Increase Revenue from Your Rental Property in Wolverhampton

24th October 2024

Owning a rental property in Wolverhampton can be a lucrative business, but to maximise revenue, you need to focus on what tenants desire most. By following these seven tips, you can enhance the appeal of your property, attract more tenants, and ultimately increase your rental income.

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The Current State of the Property Market: Sales and Rental Market Trends

21st June 2023

The property market is always a topic of interest, with people constantly speculating about its direction and the impact of various factors such as mortgage rates. In this blog post, we will delve into the current state of the property market, focusing on both the sales and rental markets. We will explore the key statistics and trends, providing insights into the opportunities and challenges faced by buyers, landlords, and tenants. So let's dive in!

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The Must-Known Legislation To Let A Property Compliantly

11th April 2023

Landlords, are you aware of the two main pieces of legislation that you need to comply with to remain safe and compliant? In the ever-changing private rented sector, it can be difficult to keep up with the latest laws and regulations that govern this space. However, failing to meet the government’s requirements can result in serious consequences in the form of; notices, fines and prosecution.

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Should Your Address Be On A Tenancy Agreement?

24th November 2022

Landlords, did you know that there are over 170 separate pieces of legislation that directly impact the private rented sector? Here at Concentric, one of our big goals is to help educate you to be able to navigate this maze of rules and regulations so that you can stay safe and compliant. While you may prefer not to share your residential address with your tenants, did you know that there are laws that govern whether or not you are permitted to withhold your address? The two main rules that apply to your address are Section 47 and Section 48 of the Landlord and Tenant Act (1985). Let’s get into them.

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What you need to know about the immigration act 2016 (2022 changes)

8th September 2022

Are you aware of the changes that were made to the Immigration Act 2016 that just came into force in April 2022? The laws surrounding the private rented sector are changing all the time. As a landlord, it can be difficult to keep up with the many hundreds of different laws. However, you understand that there can be serious consequences if you fail to do so.

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The Minimum Energy Efficiency Standards You Must Comply With As A Landlord

23rd June 2022

As landlords, there are so many different laws, regulations, and standards that you need to comply with to avoid penalties. Plus, new legislation is constantly being added, further increasing the complexity of this space. Here at Concentric Sales and Lettings, we’re here to help guide you through the maze of rules and get you the information you need to stay safe, compliant, and up-to-date.

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170 Pieces of Legislation You Need To Know

18th April 2022

Did you know that there are 170 pieces of different legislation you must adhere to as a landlord? If you’d like to learn more about the laws and regulations that apply to you, read on. Here at Concentric Sales and Lettings, we are dedicated to getting you the latest information on legislation updates as well as providing the guidance you need to be successful, safe and compliant as a landlord. In this blog we’re going to discuss some of the most important pieces of legislation that you should be aware of as a landlord. This is by no means an exhaustive list but is intended as something of a primer to the laws governing our industry.

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What a Landlord Should Do When Their Tenant Has Fallen Into Rent Arrears

28th February 2022

Do you know how to handle a tenant that’s fallen into arrears? This can be a difficult issue for landlords as you have to be careful to remain compliant with all of the relevant legislation throughout your process. Also, many landlords do not have a systemised formula for dealing with these situations, leaving them with the sense that they are unprepared. Today, we’re going to cover some of the dos and don’ts of chasing rent arrears. We’re also going to discuss which legal notices to use, as well as the process we recommend for handling these complicated situations.

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Electrical Certificates – why every landlord should have them

11th January 2021

As a landlord, you might be aware that there will be a change in the law with regards to electrical checks in all rented properties. That’s not compulsory as yet; however, we would urge all landlords to be ahead of the game and make sure that regular electrical checks are carried out on properties, and especially on new tenancies. Here’s why.

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How To Get Better Tenants

4th January 2021

As a landlord, finding and keeping the ideal tenant for your property is something we all strive to achieve. We’ve all hear stories of those nightmare tenants – maybe you’ve even had them yourself – the ones who don’t take care of your property, don’t pay on time, are constantly complaining, or worse still are complained about by their neighbors. So what should you be looking for when you have a vacant property to fill? How can you find that perfect tenant? Here are some things you should consider.

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