Discover more about renting - it's worth the effort.
Discover more about renting - it could pay dividends. TotallyMoney's Mark Moloney recently told Letting Agent Today that knowing your rights and being able to keep an eye out for warning signs means you?re well prepared in the event of an issue or a dispute.
We agree 100%. At Ringley we are fully committed to helping our clients and their residents stay as well informed as possible but we weren't entirely surprised to read that a recent survey carried out by the credit report website revealed that tenants know a lot less than they should about the rental sector. This is also a problem among long leaseholders. In many cases, tenants and flat owners know very little about their rights and responsibilities.
According to TotallyMoney, a staggering 97% of renters do not know their full rights, while 50% don't know if their landlord could change their rent without notifying them. Perhaps more worrying is that 38% of people renting a house or flat don't know when the landlord is allowed to enter the property.
And it?s not just tenants who don?t have as much information at their fingertips as they need. Some landlords aren't very well informed either. The most searched questions landlords regularly ask online are pretty basic and include:
- how long does a landlord have to return a deposit?
- who pays council tax, the tenant or the landlord?
- what does landlord insurance cover?
Our website at www.ringley.co.uk is packed with useful information. Need to know more about block management? Are you thinking of buying or extending your lease? Interested in right to manage or build to rent? Need legal or financial advice? Whether you are a tenant, a landlord or a developer, we have something for you. We have teams of block managers, legal specialists, surveyors, engineers and finance professionals with experience of just about everything you can think of that's related to property. And if you can?t find what you?re looking for online, one of our experts will be able to answer your questions or point you in the right direction. Just give us a call. We?re always here to help.
Author : Mary-Anne Bowring
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