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Top tips to maintaining a good relationship with your tenant!

Maintaining a good relationship with your tenant is key to successfully letting out your property. A happy tenant is more likely to become a long-term tenant who looks after your property or a tenant who refers other tenants to you. Therefore it is a smart business move to ensure you have a good relationship with your tenant. Here are some tips you can take to make it happen: Go through the conditions of the contract making it clear what the …

WHAT OUR CUSTOMERS SAY ABOUT US

Discount Insurance is a company committed to chasing down the best deals on the market for our customers. We have a great range of insurance products available at highly competitive rates, including Home, Landlord, Travel, Pet, Caravan, Income Protection and much more. We are also committed to providing the best customer services for our customers; our dedicated and knowledgeable customer service teams are here to make your experience as stress free as possible and to meet all your insurance needs …

What is the most expensive city to rent a home?

Looking for a place to live in a metropolis can be a very difficult and expensive task. Most of us have to tackle this task in order to be closer to better job markets and better opportunities. The western world is well known for luxurious and expensive rents, but surprisingly the most expensive city is located in China, Asia. Beijing holds the record for the world’s most expensive city, where the rent costs eats up roughly 123% of the average …

Good news for property buyers as Government may ban ‘gazumping’ 

The practice of ‘gazumping’ could be banned by the government after discussions were held on whether to bring forward the point at which house sales become legal, in line with Scotland. The move could prevent many property sales falling through, with 18% or around 200,000 transactions collapsing on average each year. A major reason for this is buyers outbidding others who have already had an offer accepted, known as gazumping.

Top tips for a smooth tenant check out!

A tenant check out should always be carried out professionally, regardless of your relationship with the tenant. This is the best time to evaluate the state of the property and to work out how much of the deposit should be kept in order to account for any damages and the subsequent repairs. Here are our top tips on making a tenant check out as smooth as possible: Start early Get in touch with the tenant a few weeks before their …

Landlords – watch out for these buy-to-let tax traps!

Stamp duty It is important to remember that the stamp duty system was reformed in December last year to make it more similar to the way income tax works. Under the new system, rather than paying a percentage of the total property price, you will pay different rates for different bands. For example, you won’t pay any stamp duty land tax on the first £125,000 of the purchase price, but you will pay 2% on the proportion which is between …

Landlords warned to protect themselves as cases of fraud up by 25%

Discount Landlord

Cases of reported fraud increased by over 25% last year with men in their mid-40s most vulnerable, according to the UK’s fraud prevention service. A total of 276,933 frauds were recorded last year – that’s 758 frauds every day or 31 every hour. This figure is up from 221,075 in 2013, with 23% of fraud victims aged between 41 and 50, according to the figures from the CIFAS Annual Report. The study also revealed that 2014 saw a 15% year-on-year …

Landlords – what secrets are your tenants keeping?

Landlord Insurance

Making up excuses to avoid paying the rent, followed by keeping pets without permission, are the most common secrets that tenants in the UK don’t want revealed, according to a new survey. An online report by letting agent PropertyLetByUs revealed that some 63% said they had made up excuses to try and avoid paying their rent and 45% are keeping pets without letting their landlord know. When it comes to looking after the property, 45% of tenants also admitted to …