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  • What Is A Rent Guarantor?

    There are a number of reasons why a tenant may need a rent guarantor and the request for one can be made either by the landlord or the letting agent handling the rental. If you have been asked to find yourself a rent guarantor, or asked to be one, but aren’t entirely sure about what they are and what they do, you’re in the right spot.  This post will tell you all you need to know. Before we get into the finer details of rent guarantors and what’s expected of them, let’s first answer the most basic question of all...What is a rent guarantor? What is a rent guarantor? As one might expect, a rent guarantor is exactly that: someone who is willing to guarantee the rent will be paid should the tenant fail to do so. Rent guarantors do not, however, have to be individuals (although they commonly are...Hello, parents 👋🏻), as rent can also be guaranteed by a company, charity, or institution.

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  • New Re-possession Rules

    Covid-19 led to the Government implementing emergency legislation covering many aspects of life. One of these was to suspend private rental sector eviction hearings in courts in England and Wales. This suspension of cases ran from March and ended on the 20th of September. After this date the courts started to hear eviction cases again but under a different set of rules. In this article we will look at the guidelines for actions to follow before taking an eviction case to court as it is important for a landlord to have followed and documented, as well as possible, a structured pre-action plan. If this has not happened, then the courts might refuse to hear the case. Communicate Communication is key and landlords and tenants should talk to each other as soon as possible if there are rent arrears or if rent arrears look likely, due to the impact of the Corona virus. Landlords should be as flexible as possible and try to understand what has caused the arrears and whether this was caused by the impacts of the pandemic. The landlord and tenant should also discuss whether they can agree on a payment plan to repay any arrears. Ideally this should all be documented as the court will want to see evidence of flexibility and that the landlord has tried to understand the tenant’s financial situation.

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  • Most Common Things Movers Wished They Had Researched Better

    Buying a home is a complicated matter and there are many considerations to take into account before choosing the right home for you. No-one has a crystal ball, though, and sometimes things that you considered important become less important once you have moved in and things that you didn’t really worry about suddenly become a big issue. In this article we will take a look at the things that home movers wished they had researched better before choosing their new home. Finances One thing that always seems to surprise people is the costs associated with moving. There are the obvious costs like how much deposit needs to be saved and how much the mortgage will cost but many people don’t do their homework properly and miss some of the more hidden costs like reservation deposit for a new build, stamp duty, conveyancing fees and potential costs for non-standard searches or work, surveys and even the cost of moving or storing furniture. These can add up to a large sum of money and it is important that as a potential purchaser, you fully research all potential costs before starting the process.

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Airsat Real Estate
336 Gloucester Road
Tel: 01173522288