This week we discuss how to maximise your rent – both in terms of re-letting a property, and raising the rent on an existing tenant. It’s a topic worth delving into because if you’re being squeezed by growing expenses or higher mortgage payments, it’s the one way you can make more money from your existing portfolio.
So, how do you maximise your rent when re-letting a property? Tune into this week’s episode to find out.
Scotland didn’t get their independence. But they’re certainly putting their own stamp on the property market north of the border.
Or rather, taking their stamp off it. Stamp Duty is being replaced with a more progressive charge called Land and Buildings Transaction Tax. The full details are explained here.
They also plan to restrict the Help To Buy scheme so it only applies to properties costing up to £250,000, which makes a lot of sense to us. And it’s one of the ideas we discussed in Episode 60 – Can the property super-bubble be stopped?.
We can’t say whether they’re getting the details right or not, but it’s nice to see a country attempting to overhaul some of the more bonkers parts of the property transaction process.
We’re putting together another “listener questions” episode, and we’d love to have yours!
You can leave us a voicemail very easily: just visit thepropertyhub.net/podcast and click the “leave us a message” icon on the right-hand side.
So get the kudos of having your voice on the show and your question answered at the same time – double-win!
Join the conversation
What tips do you have for maximising the rent you can get from a property?
Do you tend to increase the rent for existing tenants, take an “if it ain’t broke” approach?
We’d love to know, so join the discussion in The Property Hub!
Share your thoughts on this episode – and find out what others are saying – in the Property Hub Forum.Go to the forum
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