Private Rented Sector – Ladybird Living

28 Nov 2023

How to manage an increasing number of property inquiries

A substantial surge in calls to leasing agents has led to staff spending more time than ever addressing phone inquiries. Agents are facing up to ten times the usual number of daily incoming calls in recent months according to Agent Rainmaker. However, these challenges can be alleviated through the adoption of technology-centric solutions.

17 Nov 2023

Secret subletting among tenants

Airbnb, a platform specialising in short-term rentals, has sparked controversy within the private rented sector by encouraging tenants to lease out their spare rooms. A previously conducted survey by Airbnb, now removed from their website, revealed that 80% of tenants seek additional income due to the escalating cost of living, proposing subletting as a viable solution. The platform even suggested potential benefits for landlords, such as reducing the risk of rent arrears.

14 Nov 2023

Rent decreases by 11% since summer ended

Rent prices took a notable 11% downturn following the scorching summer as the market experienced a cooling phase in October. The latest report by the Goodlord Rental Index indicates a substantial drop in the average rent for new tenancies over the past month, aligning with the dissipation of the summer's high demand.

23 Oct 2023

Guide to Data Protection Regulations in the UK: real estate

Understanding the General Data Protection Regulation (GDPR): The General Data Protection Regulation (GDPR) compelled European Union companies to adhere to fresh data protection regulations, imposing penalties for non-compliance while permitting the secure utilization of relevant information.

03 Oct 2023

Updated ‘How to rent’ guide: October 2023

In October 2023, the 'How to rent' guide underwent an update, and understanding its significance to your agency and property owners in their letting processes is crucial. The How to rent guide serves as an informative resource for tenants embarking on the private renting journey, whether they rent directly from a property owner or through a letting agent. Distributing this guide to tenants is a fundamental aspect of the letting process, and it is imperative to ensure accuracy and compliance.

28 Sep 2023

Why is Open Banking Significant for Letting Agents?

Open banking holds vast potential across various industries including real estate. Let us explore how this secure online solution can be advantageous to estate and letting agents.

01 Aug 2023

Agents believe landlords will face more pressures throughout 2023

A poll conducted by Goodlord demonstrated that 70% of letting agents (from 100 letting agents who took part) reported that they believe pressures among property owners will continue to rise throughout 2023.

23 Jun 2023

3 ways to get property owners to move from let-only to a fully managed service

1. Explain the benefits of a fully managed service Many property owners tend to believe that the only reason why they require an estate agent is to help them with the following: -Marketing properties -Finding tenants -Completing reference checks and contracts However, estate agents can help with much more than this.