Lettings

Can a tenant buy my house? Great question!

Perhaps your tenants have expressed a desire to purchase your house and get on the property ladder, or maybe you are planning to offer the opportunity to them as you want to move your focus elsewhere.

Whatever the case, selling your house to a tenant is possible if you decide you no longer want to rent out the property. Provided your tenant has the funds to pay or get a mortgage, many landlords choose to sell to tenants to cut down on the time it takes to sell a rental.

The Renters’ Rights Bill has taken another step towards becoming law. With no major amendments expected, it’s now that tenants should take notice of the Bill’s contents.

Owning a buy to let and renting out your property can be very rewarding. It can be a way of having a regular income coming in, together with actually owning something that should increase in value over time.

If you are considering renting out a property, there are many things you need to make sure you get right, such as rental income, statutory obligations (e.g. gas and electric certificates), and of course having the right tenants in-situ.

There are many upsides to becoming a private landlord in Cardiff, but unpaid rent certainly isn't one of them!

In fact, tenants falling behind on rent payments is a landlord's worst nightmare.

Depending on the tenant, late rent could be an unusual thing you haven't experienced with them before. If, overall, the tenant is good, you may be wondering, 'What are some polite ways to ask my tenant to pay late rent?'.

If so, in this article, we'll share our tips on how to politely ask a tenant to pay late rent.

When you become a renter, you’re expected to behave in a ‘tenant like manner’ and that extends to outside spaces as much as inside the home. If in any doubt as to what that means, you can refer to your tenancy agreement. It should list the specific garden jobs you’re responsible for, and what your landlord should maintain. If there’s scant detail, contact us and we can obtain written clarification for you.

Are you thinking about investing in landlord insurance? While it may not be a legal requirement, you’re leaving yourself open to a huge amount of risk without it.

Here are the most important things you should know about landlord insurance, including what it is and what type of insurance you should get.

Landlords in Wales must carry out risk assessments by law before renting out their property. However, while some of those assessments, such as the gas safety check are well known, the legionella risk assessment isn’t particularly well-publicised.

Another problem is that the legislation regarding Legionella testing is confusingly worded, and that has led to several landlords being caught out. With that in mind, we’ll shed some light on water safety so you can gain a better understanding of this subject.

How Should Landlords Deal With Emergencies?

If an emergency arises at your rental property you need to respond rapidly and deal with it effectively to minimise the impact on the property itself and your tenants. There are several emergency situations which may spring up, from flooding to fires, so the team here at Red Key has brought you some helpful information about which actions to take.

If you're a landlord wanting to minimise the stress of managing your rental property, you may consider using a property management company in Cardiff. However, knowing the right questions to ask to make sure you get the best fit is key to success! At Red Key we are experts in lettings and property management! So, we want to share five questions you should ask when choosing a letting agent.

Whether you want to invest in property or save for retirement, there are plenty of pros and cons for each. If you’re unsure what’s best for you, this guide should help to give you a few handy tips to fit your circumstances.

Managing a rental property in Cardiff can be incredibly rewarding, but it can also become overwhelming as responsibilities pile up. For landlords with multiple properties, or even just one, the strain of day-to-day management can eventually take a toll.

Recognising when you are overworked is crucial and hiring a professional property management company can relieve the burden, ensuring your properties and tenants are well looked after.

In this article from the team at Red Key, we explore the signs that indicate it's time to hire a property management company in Cardiff and how such a decision could benefit your rental business.

You may have heard people talk about second-charge mortgages and wondered what they are. If you’re a landlord, they can be a beneficial way of accessing a lump sum of money. Here’s our Q&A guide to second-charge mortgages for owners of buy-to-let properties.