Long term lets

Don't Get Stuck in the Past: Why Regular Rent Reviews are Crucial for Landlords.   Imagine this: you bought a two-bedroom flat in Worcester 2 years ago. Back then, it rented for £650 a month. Today, similar properties are commanding rents closer to £900. Are you capturing the full earning potential of your investment? We see it all the time: landlords in the Midlands clinging to outdated...

The Importance of EICR Checks: Keeping Your Property Safe At The Gallery Properties, we prioritize the safety and well-being of our residents above all else. That's why we take electrical safety extremely seriously and ensure all our managed properties undergo regular Electrical Installation Condition Reports (EICRs). Recently, the importance of these checks was highlighted in one of our managed...

Keeping Your Investment Secure: Why Regular Rental Property Inspections Matter (and How The Gallery Makes it Easy) At The Gallery Properties, we understand that your rental property is more than just bricks and mortar – it's an investment. That's why we prioritise its wellbeing with one of the most crucial aspects of property management: regular inspections. Sure, collecting rent is important, but...

Don't Let a Leaky Roof Rain Down on Your Finances: The Importance of Landlord Building Insurance Landlords, imagine this: you're cruising through the month, rent checks rolling in, and then BAM! A rogue pipe bursts, flooding your once-pristine property. Suddenly, your financial castle starts looking more like a crumbling ruin. That's the harsh reality of rental life. While tenants come and go,...

Considering a holiday let vs. a long-term buy-to-let?  Since the rise of Airbnb in 2008, anyone with a spare room can, theoretically, make money on letting a property. A wave of interest in holiday lets sweeps over the property industry regularly, and the interest in becoming a landlord as a side-hustle often rises proportionally to the temperatures outside. For some, this has indeed been the...

As a landlord, it is crucial to collect rent payments on time. When tenants fall behind on their rent, it can have a negative impact on your finances and cause stress. In this blog, we'll explore the best methods for chasing rent arrears and how to reduce the risk of arrears occurring in the first place. Communicate with the tenant The initial step in chasing rent arrears is to communicate with the...

Ready or not, here it comes! The legislation has not yet passed The Parliament, so we cannot talk with certainty. But what if it does happen? A good landlord should always be prepared. The phantom of Banc C has been looming over the landlords' heads for some time already, and all the chatter has generated a lot of concern. True, those who are caught unawares will most likely have to act quickly. Having to...

We often say there is always a good time to buy a property (as long as you are financially prepared). It is a long-term operation, but it remains one of the best investments you can make in the modern market. However, while we are all looking for a good return on investment, some elements require our immediate attention – taxes. What do you need to be prepared for as a landlord? What are the...

Bad omens: when a property is not as good as it looks Fresh paint, fluffy carpets and the smell of freshly baked bread are all good – first impression matters. And you should go with your gut instincts if it tells you that you like the property or not. But whatever feeling you may be having upon entering a house or apartment you are looking to buy, support it with facts. Once you enter the threshold,...

How to choose a good property management agency You have a property you want to let, or perhaps you have a growing kingdom and decided it’s high time for an appropriate steward to look after it and assist you in making the most of it. It begins and ends with a question about you: what do you want? To check if an external company can support your property goals, you need to figure out what they...