There are a lot of things that you should be informed about if you are a tenant renting a home, there are many things to think about, such as your rights and responsibilities and the legal details of your relationship with your landlord. One of the most important things for tenants’ to think about is protecting their possessions with tenant content’s insurance. If you are unsure where to start, here’s what you need to know: What is Tenant’s Insurance?  This …

Do you live in an unusual property, such as a treehouse (or mansion!) a converted barn or a home with a thatched roof? If so, you will not be eligible for the typical kind of home insurance and you will need to consider other alternatives.   If you live in a non-traditional property you might find it very difficult to get house insurance at a reasonable price. It can be even worse if you have already been turned down for …

What tax will I Pay when I buy the property? When you purchase a property, you must pay ‘Stamp Duty’ Land Tax. The amount of tax you pay is calculated as a percentage of the value of the property. The rates at the moment are: Properties worth less than £125,000 are tax-exempt. Properties worth between £125,001 and £250,000 are taxed at 1%. Properties worth between £250,001 and £500,000 are taxed at 3%. Properties worth between £500,001 and £1m are taxed …

If you are a landlord and are renting your property to several different unrelated tenants, you probably already know that the legal responsibilities can get quite complicated. In this situation, the home is usually classified as a House in Multiple Occupation – or an HMO. Renting your property out in this way can often make a lot of sense. You will be able to rent each bedroom of a multiple-bedroom house separately to individual tenants, without having to worry about …