A Complete Guide to Dealing with Tenants Who Get Into Arrears
By The Medway Premier Homes Team on 30th Aug 2024Being a landlord in Medway comes with its fair share of challenges, and handling late rent payments or arrears is one of the most common issues. While it can be stressful, managing arrears efficiently and professionally can help...
7 Cost-Effective Strategies to Enhance Energy Efficiency in Your Rental Property
By The Medway Premier Homes TeamIn today's world, where the cost of living is continuously rising, and the environmental concerns are more pressing than ever, landlords and property managers are increasingly recognising the importance of energy efficiency....
Updates to the Rental Reform Bill for Medway Landlords
By The Medway Premier Homes TeamAt last, the Government has released some much-needed details regarding the Bill to Reform Renters. On October 23, 2023, the Second Reading of the Bill was passed in the Commons after a four-hour session. To do this, the Bill...
Why Every Medway Landlord Should Have Rent Guarantee Insurance
By The Medway Premier Homes TeamI saw an email recently with some latest research which stated that 39% of tenants said their biggest worry was paying the rent which was interesting to hear about what tenants are most worried about. This led us to think about...
What the Renters Reform Bill means to Medway Landlords
By The Medway Premier Homes TeamEngland's landlord and tenant rules have been earmarked for reform by the government for a number of years. They presented specific recommendations for accomplishing this recently in the form of the Renters (Reform) Bill. Here is...
Funding EPC Improvements for Medway Landlords
By The Medway Premier Homes TeamExploring ways to pay for EPC upgrades According to the government's announced legislation amendments, all new tenancies starting in 2025 will need to have an EPC rating of "C" or higher, with existing leases subject to the same...
Landlord’s Full Management FAQ’s
By The Medway Premier Homes TeamWe’ve complied the following notes based on the most Frequently Asked Questions from new Landlords regarding our Full Management services How many keys do you need? We like to supply tenants with two full sets of keys and will...
The Importance of Referencing for Medway Landlords
By The Medway Premier Homes TeamWhen it comes to tenant selection, there's an old adage that all landlords should remember: choose the right tenant rather than the first. Landlords are sometimes so eager to receive rent payments that they treat the reference...
Seven Ways Medway Landlords Can Make a Tenant Feel at Home
By The Medway Premier Homes TeamWe look at a new report that details how Medway landlords can develop a long and lucrative partnership with their tenants in this three-minute read. What is the key to a successful landlord-tenant relationship? The University of...
Key Lettings Legislation Dates For Medway Landlords In 2022 And Beyond
By The Medway Premier Homes TeamAlthough there are fewer Covid-related deadlines in 2022, there is still a lot going on in lettings legislation. Right-to-rent checks will resume, and landlords and agents alike will need to begin digitising their systems in...
Medway Landlords Guide To Extended Smoke and Carbon Monoxide Alarms Regulation
By The Medway Premier Homes TeamThe government has confirmed an extension to the regulations for smoke and carbon monoxide alarms, including requiring landlords to install a smoke alarm in social rented homes and private and social landlords to install carbon...
Medway Property Market Review
By The Medway Premier Homes TeamCan you believe that we are now in September, how quick is 2021 going. Next thing we will be talking about is the Christmas. But we thought it would be an idea to have a quick review on how the property market is performing in...
Investment Property for April 2021
By The Medway Premier Homes TeamAre you looking to invest in the Medway area? But need a little help finding the right property for you. We search the market and we put forward a property that we think is a good investment. This month our search brings us to...
Investment property for January 2021
By The Medway Premier Homes TeamOur property investment of the month is this one bedroom apartment in The Boathouse, Ocean Drive. This property was one of the first apartment buildings built by Berkeley Homes. Figures It is currently on the market at offers in...
Smoke And Carbon Monoxide Alarm Regulations For Landlords In England
By The Medway Premier Homes TeamWe have had a couple of mentions from perspective tenants about smoke alarms and carbon monoxide alarms. So I thought we would good to write a post on what the regulations are for landlords. As a landlord, you have many legal...
How to rent guide update
By The Medway Premier Homes TeamThe latest update was issued in December 2020, this important document was updated without informing anyone. If you don’t know it is intended to help tenants understand their rights and responsibilities when finding a home in...
What are the costs of renting out a property?
By The Medway Premier Homes TeamTo make your buy to let a success, you need to have a realistic idea about the costs you’ll encounter when renting out your property. Many people have an idea that being a landlord is easy. The assumption is that once a tenant...
What is the impact of the November Lockdown on landlords and tenants?
By The Medway Premier Homes TeamFollowing on from the government’s latest announcements, we want to provide you with a summary on how COVID is affecting our landlords and tenants. This handy guide has been put together by Ralph and Keeran and is based on...
What Insurance do Landlords need?
By The Medway Premier Homes TeamWe know that the word “insurance” causes you to want to fall asleep or you feel that you are being sold to, but sometimes it is worth its weight in gold. We live in a world where we insure everything. So you should ask...
When Is The Landlord Responsible For Paying Council Tax?
By The Medway Premier Homes TeamWe look at in a bit of detail who should pay for council tax – the tenant or the landlord? This question isn’t as straight forward as you may think but finding out who and when are responsible is an important question. Council...
Why Buy a Rental Property in Medway?
By The Medway Premier Homes TeamYou might be wondering ‘why buy a rental property in Medway’? After all, we’re in the midst of a global pandemic, and a trip to the shops is stressful enough! However, all the findings suggest that now is a great time to...
8 Things Every Landlord Should Know
By The Medway Premier Homes TeamWhether you’ve just bought your very first property in Medway or your fifth, being a landlord is a role where you can continually keep learning new things and facing new challenges. Other than keeping abreast of what’s...
How to Decorate Your Rental Home in Medway
By The Medway Premier Homes TeamMoved into a rental property in Medway and not quite sure how to approach the decor and design of it? The good news is that there’s plenty you can do to spruce up your rental home without needing to invest too much. Just because...
A Quick Guide to Purchasing a Buy To Let Property in Medway
By The Medway Premier Homes TeamIf you’re considering becoming a landlord, there are many elements to consider and understand before you purchase a property. The process of buying a buy-to-let property differs compared to buying a residential property that you...
Landlords! Are you ready for an Electrical Safety Standard?
By The Medway Premier Homes TeamThe new electrical safety standards for private rental properties are expected to come into force on July 1st, which is by no surprise as this has been in the pipeline for a while now! The guidance has now been issued in...
Impending changes to the tax rules on disposal of UK property
By The A4G Chartered AccountantsIf you are thinking of selling a UK residential property after April this year (after 6th April 2020) beware of a substantially shorter time frame within which you need to notify HM Revenue & Customs and to pay the tax due! Unless...
Rents increase in 2019
By The Medway Premier Homes Team2019 was a year of recovering rental values following the drop observed in 2018. The DPS (Deposit Protection Service) reports a 1.4% increase in rents in 2019 (Q42018 to Q42019). The average monthly rent in the UK is now £773, or
Property Legislation Part 4 - Taxation
By The Medway Premier Homes TeamHere is part 4 in our series of property legislation in 2020, this article focuses on the tax changes coming into effect this year and how they will impact landlords. Landlord Income Tax Relief Former Chancellor George Osborne’s...
Property Legislation Part 3 - MEES & Tenant Fees Act
By The Medway Premier Homes TeamDomestic Minimum Energy Efficiency Standard (MEES) Regulations Grace Period Ends The MEES regulations set a minimum energy efficiency level for private rented properties in England and Wales. The regulations came into effect in...
Property Legislation Part 2 - Electrical Safety Standards
By The Medway Premier Homes TeamThe Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020 This piece of legislation has now been published in draft form and must now be approved by each House of Parliament. If approved in the...
Property Legislation Part 1 - Homes (Fitness for Human Habitation) Act 2018
By The Medway Premier Homes TeamAs we enter a new decade, the one thing we can be certain about in the private rental sector is that uncertainty seems to be the only certainty. For us and yourselves as landlords to succeed this decade, we must all stay on top of...
What could a change in government mean for landlords?
By The Medway Premier Homes TeamOn 12 December, the public will head for polling stations across the country in a snap general election aimed at breaking the Brexit deadlock. But while resolving the Brexit issue may be the focus of most headlines, we ask what...
Franklin Road or Balmoral Road...Which is the best investment?
I was talking to somebody last week from the Gillingham area, who was considering becoming a landlord for the first time. He visited us to ask us whether buying a property on Franklin Road or Balmoral Road would make a better Buy...
Landlords and GDPR
By The Medway Premier Homes TeamBeing a self-managing landlord isn’t as easy as people might think. Over the past few years, it has become even more of a challenge – Legislation is constantly evolving and being changed and updated and new legislation is...
Making Tax Digital for Landlords– what is all the fuss about?
By The A4G Chartered AccountantsAs a Landlord you will already be aware of the need to complete and submit to HM Revenue & Customs (HMRC) an annual self-assessment tax return. Making Tax Digital (MTD) is the biggest change in the tax system for 20 years, the...
April's Property Investment
By The Medway Premier Homes TeamOur latest property investment brings us into Albany Road in Chatham. The property is a Victorian 2/3 bedroom home with the third bedroom off of the second bedroom, downstairs there are two receptions rooms, kitchen and bathroom....
Legislation alert! The Homes (Fitness for Human Habitation) Act 2018 has come in
By The Medway Premier Homes TeamLegislation alert! The Homes (Fitness for Human Habitation) Act 2018 has come into force today, 20 March 2019. This Act applies to all new tenancies granted on or after 20 March 2019, including ‘renewal’ tenancies. The Act...
Security & Protection for landlords
By The Medway Premier Homes TeamSecurity & Protection for landlords With the deposit cap coming into effect on the 1st June 2019 which means agents and landlords cannot collect more the 5 weeks deposit to lodge with one of the deposit proctection schemes. A Zero...
November's Property Investment
By The Medway Premier Homes TeamOur property investment of this month brings us back into Gillingham. The property we have picked is a 2 bedroom victorian terraced house in central Gillingham. We have picked this property for a number of reasons. For its...
First-Time Landlord Lettings Checklist
First-Time Landlord Lettings Checklist: Everything a First-Time Landlord Needs to Think About Before Letting Their Property Renting a property for the first time can seem like an overwhelming prospect. There is a huge range of...
Top 10 tips to let your property quickly
You as a Landlord your initial aim is to have a paying tenant occupying their property as quickly as possible. Some properties only take a little time, however other properties could take a longer period to let out. The main...
October Investment Property
By The Medway Premier Homes TeamOur latest property investment property is a 2 bedroom apartment based in the new Horsted Park development, Chatham. We have picked this property due to it’s location as it has good transport links with easy access to the M2 and...
Three Year Tenancies and how it will affect landlords
By The Medway Premier Homes TeamThe government have just finished a consultation on a controversial proposal to make residential tenancies in England subject to a three-year minimum term. Although the proposal does include a six-month break clause it hasn’t...
2018 buy to let tax changes
By The Medway Premier Homes TeamWe are already in the new tax year but with tax constantly changing it can rather confusing for landlords. Unfortunately 2018 is no exception, with there being no let up in headlines announcing tax changes for landlords. In recent...
July's Property Investment
By The Medway Premier Homes TeamAfter a little while searching Rightmove, we have found our latest property investment. The property is a 3 bedroom terraced house in Rainham. This house is an ideal investment for a number of reasons: the property being located...
Understanding Property Returns
By The Medway Premier Homes TeamWant to learn more about the returns you can potenitally make from a buy to let investment? We have put together a short guide on yields and capital growth. Rental Yields Rental yield is the term used to describe the return on a...
Recommend a Landlord and Earn
By The Medway Premier Homes TeamWant to earn some extra cash? If you refer a landlord to us and we gain their business, we will give you £200 PER PROPERTY! There are a few conditions that apply. • You must get the landlords permission for us to contact them....
May's Property Investment
By The Medway Premier Homes TeamOur property investment of the month is a 1 bedroom apartment in the new Victory Pier development based in Gillingham. One of the reasons we picked this apartment is due to it being a desirable place to live and the rental demand...