how to rent out your house

Shropshire Farming Talk: Vital information for those who rent out properties

18/04/202321/04/2025dansa

The biggest change to housing law in Wales for decades came in on December 1, 2022, affecting the relationship between landlord and tenant.

Existing obligations such as registering with Rent Smart Wales and deposit protection still apply, but ASTs and AAOs no longer exist, and have been converted into new ‘Occupation Contracts’.

If you have a contract that existed before December 1 2022 this is automatically converted to an Occupation Contract on that date, and you must issue the contract holder with a new written statement of terms by May 31, 2023.

If you have new contract holders (the new word for tenants) moving in you need to make sure that certain requirements, such as installing integrated and interconnected smoke alarms, carbon monoxide detectors and an carrying out an electrical safety test have been done before the date that they move in. You must give them a written statement within 14 days of them moving in.

The contracts themselves are changing, and the new documents have three types of terms:

1 Fundamental terms cover the key terms of the contract and are always included, using prescribed wording. Some of these terms can be changed, but only if that

Portugal Could Force Property Owners to Rent Out Vacant Homes

31/03/2023dansa

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The Portuguese have a saying that goes “Each monkey to its own branch,” but the government has a problem with empty branches.

Portugal’s Ministry of Infrastructure and Housing wants to force owners of vacant homes to make them available to long-term tenants at economical costs to correct a growing housing crisis, Bloomberg reported Monday.

All That Glitters

While the government says the measure will address the dearth of affordable housing, property owners say it violates their constitutional rights. The Portuguese Association of Real Estate Developers and Investors is even calling it “an attack” on private property. Housing Minister Marina Goncalves defended the decision saying, “The state does not enter and occupy people’s homes and then say, ‘Now I’m here.’ We have steps that will be taken.” That’s a relief, we think.

Portugal has remained on the poorer end of the spectrum of Western Europe for quite some time. Following a financial crisis and a 2011 bailout by the European Union, Portugal has managed to raise $7.3 billion through its Gold Visa — established

RentSpree Offers Insight on How Real Estate Agents Can Capitalize on the Growing Rental Market

09/01/2023dansa

The Rental Management Software Company Highlights the Unique Opportunity that Rentals Provide in a Challenging Housing Market

LOS ANGELES, dec. 20, 2022 /PRNewswire/ — RentSpree, the industry’s premier end-to-end rental management software provider, is dedicated to changing the mindset around the profitability of rental properties. A 2022 RentSpree + RealTrends Rental Power Rankings the study made it clear that many agents do not view rentals as worthy of their time and resources. Approximately 50% of the surveyed agents claimed that the commission was “too low” for the time and effort required to lease a rental property, and 43% of surveyed agents claimed that a lack of knowledge of the rental market kept them from working in that spaces. In short, many real estate agents see working with rentals as a poor return on investment (ROI).

RentSpree challenges that perception and highlights how rentals can increase agent profitability year-round, especially in an economic downturn. With new insights into the misconceptions of the rental industry, here are some tips on how agents can stay ahead of the economic forecast:

Leverage the Right Resources: With the right tools and industry knowledge, real estate agents can increase their cash flow by assisting tenants