Landlords may be liable if a tenant develops an illness or chronic health condition as a result of their living conditions. Mould, lead poisoning or carbon monoxide leaks, for example, could all give rise to a claim for compensation in the event a tenant becomes sick as a result. A landlo...
When questioning who is in charge of repairs, check the rental agreement. In most cases, the contract discusses which repairs are the landlord’s responsibility and which are the tenant’s. Landlords should make expectations about repairs crystal clear in the lease and should openly communicate the...
What’s more, residential landlords can lose thousands of pounds in rental income if their property is in disrepair. Some Planned Preventative Maintenance tasks are statutory and required by law to take place regularly. These checks are vital not only to the ongoing performance of your property ...
and cleaning individual suites is the responsibility of the tenants. Apartment building maintenance also includes taking care of the building's surrounding property, which may include mowing grass, shoveling snow, salting walkways, and painting steps and outside facades. Most landlords require the assi...
Because a commercial ground lease is a long-term investment, it offers quite a bit of stability to both tenants and landlords. This is perfect for people wanting to get their foot in the door of real estate investing and development without the instability of changing leases. ...
And I know the economic reality of this is hitting everyone, everywhere hard. But at least here, you will never be put out of your home (note to self: ask both landlords at home and the cafe, for rent relief). At least here, food, medicine, and utilities are subsidized, plus health...
We offer free deposit protection in our Custodial scheme, and the lowest rates for landlords in our Insured scheme. Join today How can I save money on my energy bills this winter? Energy bills are a significant part of any household budget, and finding ways to reduce them...
The truth about BNPL schemes - and your future Created by NOW: Pensions How to make sure your pension is sustainable Could a “fin-fluencer” make you rich? Are hen dos getting out of hand? From Cosmopolitan for AJ Bell The expert guide to getting started with investing ...
They’re also not that great for most landlords. Tenants can pick up and move with very little notice since their contract is only for a month and, again, often verbal. Sometimes fixed-term leases will convert automatically to month-to-month leases, but you’ll need to read the lease ...
Commanding a higher amount by rolling the operating costs into the rental fee Passing on any inflationary costs to the tenant when thecost of livingincreases annually25 Despite these benefits, the drawbacks to landlords include: Assuming the responsibility for any additional costs associated with proper...