What do Landlords need to know about the looming EICR Deadline
By Wright Residential Team on 12th Jun 2021In this two-minute read, we look at new rules on electrical safety reports that come into force next month.
It’s no joke: landlords who fail to get an Electrical Installation Condition Report (EICR) for their rental...
Top Tips to Keep Calm When Letting Your Property
By Wright Residential Team on 1st Jul 2021The idea that investing in rental property is easy passive income is a myth. Letting and managing rental property can be stressful, especially for inexperienced or accidental landlords.
The month of April saw the...
Six Ways Newcastle Landlords Can Keep Tenants Happy
By Wright Residential Team on 1st Jul 2021Every successful landlord needs a rock-solid tenant retention plan or what we like to call “a happy tenant strategy”.
This is because happy tenants are loyal tenants. And loyal tenants are more likely to stay in...
What NEWCASTLE Landlords Can Learn from New Survey on Safety and Maintenance
By Wright Residential Team on 2nd Jul 2021Landlords are leaving themselves exposed to the risk of criminal and civil prosecution by failing to conduct critical safety checks and taking a back seat on maintenance, a survey of renters has revealed.
The study by...
How Newcastle Landlords Can Avoid Tenant Disputes about Cleaning
By Wright Residential Team on 2nd Jul 2021It’s not just couples who bicker over who did or didn’t scrub the bathroom; landlords and tenants can often find themselves at odds on the thorny issue of cleaning.
In fact, it’s the most common cause of...
How to Maximize Your Investment as a NEWCASTLE Landlord
By Wright Residential Team on 2nd Jul 2021If you rent out a property and receive a rental income from that, you must declare it. You have to pay tax on any profit. It doesn’t change your employment status to ‘self-employed’ though, as it’s considered an...
Seven Ways NEWCASTLE Residents Can Avoid Cowboy Builders
By Wright Residential Team on 2nd Jul 2021We’ve all heard the renovation horror stories. The builder who does a runner halfway through a job, leaving a homeowner out of pocket and living in a construction site. The messy contractual dispute that winds up in court and...
Is working from home losing its appeal in NEWCASTLE?
By Wright Residential Team on 2nd Jul 2021A three-minute read looking at why some workers are opting for the office.
Once upon a time, in a land before Covid-19, working from home was considered the holy grail for many. Who knew that the vision of an idyllic...
Buy-to-let Mortgages: What Newcastle Landlords Need to Know
By Wright Residential Team on 5th Jul 2021In this three-minute read, we compare the different types of buy-to-let mortgages.
When choosing the right buy-to-let mortgage, landlords face a key decision: go with an interest-only deal or opt for a capital repayment...
Why Newcastle Landlords Always Regret Cutting Corners on Tenant Selection
By Wright Residential Team on 8th Jul 2021In this three-minute read, we look at what can go wrong if you side-step tenant reference checks and wind up with a bad tenant.
New landlords often flirt with the idea of ditching traditional tenant selection processes...