At the time of writing this, the UK is in the unprecedented situation of being in a lock-down due to the pandemic Covid-19, which has led to a massive increase in people working remotely from home. Obviously, during this time many landlords may choose to overlook any breaches in the Tenancy Agreements but as the […]
Do I need to let my landlord know that I have lost my job?
At the start of a tenancy, the letting agent will have probably requested information from you as the potential tenant. It will have likely included information about employment which would have been used to assess your affordability of the property rent as well as gain an employment reference. But what happens if four months down […]
I want/need to increase the rent – can and how do I do this?
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 […]
