Renting your property at the correct price is key to making it work for you, however, it is quite common that as a landlord, you may have fallen into the trap of letting your property to friends or family at much lower than market value, changed your mortgage deal or had some other change in […]
How to account for rental income
Renting your property can provide a good source of income, but it is important to remember that you must contact HMRC if you have taxable profits from your rental property. Here are some key points you should be aware of: You must pay tax on any profit you make from renting out property. How much you pay […]
Why Keyring Lettings
Keyring Lettings is a unique lettings service based in Shepton Mallet. We are not a lettings agency like some you would find on the high street, but we do offer the same services and to a higher standard. At one end of the spectrum we are able to offer a full property management service so […]
Electrical Safety Obligations and Guide for Landlords
Electrical safety in a rental property is very important because it can be a major source of fire outbreaks and serious accidents. Therefore landlords should be aware of their electrical safety obligations and comply with the law to help keep tenants safe and protect his property. Landlords are required by law to ensure that: Electrical […]
Tips for Tenants: Budgeting Money for Rent
If you are renting a home, the money you set aside for rent is usually the biggest item on your budget. Budgeting can be a challenge because apart from the monthly rent, you’ve got other bills to pay such as utilities, food and transport. Fortunately, there are many ways to save if you’re willing to […]
Helpful Fire Safety Tips for Landlords
Landlords are responsible for keeping their tenants and rental property safe against fire damage. You should be aware of the dangers of fire and actively prevent them. Here are helpful fire safety tips for landlords: Be aware of and follow fire safety regulations All landlords have legal obligations with regards to fire safety. The fire […]
