News | LOFT
Being a landlord is a lot like riding a rollercoaster. You’ll go through highs, lows and a lot of loop-de-loops. Having a void property is probably the lowest point on the track, and you want to get back to the top as soon as possible.
Void periods can be a nightmare to deal with. Every landlord will go through one at some point, but some will last longer than others and for different reasons.
There are a lot of big questions you have to find answers to when developing a BTR scheme. How do you ensure tenants will be happy in your development? What do you do to keep costs low without compromising on quality? Which tradesperson should you hire to complete a job to a high spec? There’s a lot of responsibility on your shoulders, but having a few dependable partners you can rely on makes things a whole lot easier.
If there’s one thing every business would like to see, it’s more profit. After all, there’s no such thing as having too much capital, is there? And of course, there are so many different ways companies can expand to open up new revenue streams.
All large-scale building projects come with a certain degree of risk. That said, you shouldn’t take an unnecessary risk and pin all your hopes on everything going exactly to plan.
Let’s say you’re about to go on the motorway. The light on your petrol gauge starts to flash. You don’t know how long it will be until you come across a service station, and you can’t remember if it’s an offence or not to drive on the motorway knowing you’re short on fuel. Would you chance it? Probably not.
Landlords have been debating the value of renting property furnished or unfurnished for years now. Many can see the benefits, while others can’t get past the initial costs.
There are many great reasons as to why you should consider renting your property fully furnished, though. Our own research tells us that landlords consider a furnished property as one of the biggest tenant expectations of 2021.
The concept of renting has gone from being a necessity for those who couldn’t afford their own property to a lifestyle choice by those who don’t want the hassle of home ownership.
This shift has resulted in the growth of co-living.
But what is co-living, and how is it affecting traditional landlords? We detail everything you need to know below.
There’s nothing more important than your mental health, and modern life can really take its toll on the mind. A stressful job, a lack of “me time” and feeling isolated or lonely can all affect the wellbeing of your residents. In truth, many different factors play a role, which is why it’s important to find new ways to improve mental health wherever possible.
PBSA has a lot to offer students in helping them with their studies and improving their life in general while at university. However, it’s important to understand what students really want from purpose built student accommodation before furnishing.
HMO Interior Design helps landlords secure tenants. LOFT discusses how important tailoring interiors for the benefit of residents is.
We take a closer look at the steps involved when issuing furniture with a Crib 5 fire regulation certificate and explain the consequences of using furniture that doesn’t meet regulation standards.
Much has changed in the 20 years since LOFT began as Buy To Let Furnishings in 2003. What began as a father-and-son team with only one van has now become a respected, nationwide furnishing provider, spanning the whole of the UK.
Benjamin took the time to discuss the lessons learned and how the Private Rented Sector (PRS) has changed over the last 20 years.
