Buy to let advice for property in Coventry

Once you have decided on the type of tenants that are your target market. You are now in a position to begin your search for property in the Coventry area. Your search will be strongly dictated by the type of tenants you are looking for. If your target market is students or overseas tenants then you will be searching for properties either in Coventry city centre or at most a ten minute walk from the city centre or the Universities.… Continue Reading

Five important tips for landlords

There have been many changes in property rental legislation in recent years. This has resulted in more pressure than ever for landlords to keep up to date with the legal updates. Here Matthew James Letting Agents Coventry have compiled a list of five key pieces of information that landlords should know. Inform your mortgage provider If you are renting your property the mortgage provider needs to be advised. When buying a new property to rent out the mortgage will need… Continue Reading

Tailoring your property search for a target market

When looking for a property to purchase for the purpose of buy to let there are many things to take into consideration when choosing a property. Coventry like many major cities has a diversity of people who rent for a number of reasons. They can be roughly broken down into three main groups: • Private Tenants (either local or relocating from UK) • UK Students • Overseas Tenants (Students or on employment contracts) When buying a property to rent in… Continue Reading

Landlords Risking Prison Sentence

Research on behalf of Saga shows that a quarter of landlords aged 50 and above do not meet the legal requirement of supplying a gas safety certificate on their rental properties. Failure to have a valid gas safety certificate can result in prosecution potentially leading to a £6,000 fine or a prison sentence of around six months. What is a landlords gas safety certificate? A gas safety certificate is a safety check of all gas appliances in a property. A certificate… Continue Reading

Choosing the right Estate Agent in Coventry

In the current economic climate it can be difficult to sell or let your home, this is why it's imperative that you work with an Estate Agents that has the knowledge and experience required to give your property the best possible chance of being seen. Estate Agents When you decide that you want to sell or let your property, the first choice you need to make is whether or not you want to work with an Estate Agent. There are… Continue Reading