After much thought and deliberation we here at Luscombe & Co decided to compile a list of the biggest mistakes we see some landlords and home owners making, when renting out their property without knowledge or guidance from within the industry. We felt that we needed to make you aware of these mistakes, so here […]
Read MoreYou may have noticed that everyday there is a new article written or report released regarding a rise in housing benefit claims. Until I started working in Newport in the lettings business, I for one did not take too much notice. I understood we were in a recession and times were difficult for many, forcing […]
Read MoreIn April next year, a cap will be introduced on the total amount of benefit that working-age claimants can be entitled to. Households in South Wales on out of work benefits will no longer receive more in benefit than the average weekly wage after tax and national insurance. Initially the cap will be administered by […]
Read MoreThe number of fraudulent tenants is on the increase according to Let Insurance Services. Identity fraud attempts doubled in the first half of 2011 and the numbers have continued to rise this year. This increase is partly due to the credit crunch. Of course this has made it harder for people to get credit in […]
Read MoreThere’s a blurred line between which repairs are the landlords responsibility and the tenants responsibility. I’ll admit that when I moved into my first rental property before I worked in the lettings industry, I certainly put every little job down to the landlord. That was until I was charged a whopping £100 for a simple […]
Read MoreWe don’t give much thought to our central heating system. We expect it to work when we need it, pumping out a continuous supply of heating and hot water. But if a fault develops, a broken boiler can cause untold misery to descend, throwing our hard working homes into chaos. During recent winters the UK […]
Read MoreHave you ever been confronted with a habitat that was barely habitable? We recently had a new landlord come on board with us. He had his various properties just about to be vacated by their current tenants advertised on different portals, but was at his wits end because they just weren’t renting. We took on […]
Read MoreHave you considered renting your property as an HMO; A House in Multiple Occupations? Rising rents have forced over 100,000 more renters into the flatshare market over the last year, according to the latest research from easyroommate.co.uk. The cost of flat-sharing is considerably cheaper for tenants than renting a property as a whole house. According […]
Read MoreIt’s so important to keep a smile on your tenants’ face. Why? Because replacing tenants costs money and it requires that one thing everyone hates exerting; energy. Every landlord dreads the idea of having an empty property. Do you realise that data has shown that this is the biggest cost for landlords? Each time a […]
Read MoreDespite 48% of the population owning a pet, many landlords are still missing out on a large and lucrative part of the rental market. Owning a pet is a lifelong commitment. All pet owners have a duty to care for their pets responsibly both inside and outside of the home. In a survey conducted by […]
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