Up until recently, one of my personal properties was being let as an Airbnb, but having been part of that venture for 4 or so years, I decided to go back to offering it as a long term rental. My main reason was because the rental side has seen such a dramatic increase in prices that it almost matches the same as the Airbnb income, without the hassle of cleaners not being clean enough (or not turning up,) gardening and other issues that can happen. Now, with my long-term tenant, I have all the bills covered and they are responsible for the gardening!
In the last few months, we have noticed an increase with self- managing landlords coming to us to take over the management of normal rentals. These landlords have successfully looked after their property/ies for years, but they simply wanted to take a step back from the legislations and continuous red tape, where just innocently not being aware of one thing could land them in thousands of pounds worth of fines!
One of those landlord’s told me he could drive without insurance and be fined £300, he could shoplift and be fined £200, but be late with any legislative paperwork could be between £6000 and £30,000. Let’s not forget any non-EU resident that has their permit not renewed could land you with £10,000 per tenant!
At Move On we confidently say ‘we take away the stress and strains from landlords to give them more time and peace of mind!’ This could not be truer with today’s ever changing government rules!
If you would like a friendly informal chat on how we could help you, please email sharon@moveon.biz or ring me 01202711169.
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