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Showing posts from March, 2018

Moving Day

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Last year we looked at the most popular day to complete on a home purchase and found that around half of sales complete on a Friday. We have now looked to see how this compares with tenants starting a new lease. Unsurprisingly, the end of the week and weekend is the most popular time to move into a new home. However, with finance transfers not required in the same way as when buying a property, tenancy starts are spread over Fridays and Saturdays. The most popular day of the week to begin a tenancy is Friday, accounting for 24% of tenancy starts over the last three years. The next most popular day is Saturday with 22% of tenancy starts. Our analysis also reveals that the three most popular days of the year to begin a tenancy are 1st July, 1st August and 1st September. This year the 1st September looks set to be the busiest day of the year, falling on a Saturday.  

ALERT - Update Regarding Gas Safety Certificates

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    Failure to serve the correct information to your tenants could result in you never being able to serve notice to vacate to your tenants!   A recent court decision has highlighted the need for all letting agents and landlords to serve the correct information to their tenants, BEFORE the start of a tenancy.   Most landlords and agents will be aware that the following documentation must be provided to their tenants before the start of a tenancy:   Deposit Registration and Prescribed Information A copy of the EPC (Energy Performance Certificate) for the property The government's current How to Rent Guide  Any relevant licences required A copy of a current Gas Safety Certificate if the property ...