If you’ve been thinking about selling your property in Chichester, it’s likely that you may wish to delay putting it on the market in the short term. Here at PMS Lettings & Sales we totally understand that, but you can use the extra time you have right now to get your property market-ready so that […]
When you want to update your home, you might assume it’s going to cost you a lot of money. However, there are a number of ways you can give your home a makeover that won’t cost you the earth. If you’re on a tight budget, simply follow these tips: Make your kitchen look like new […]
Now before you decide whether to spend the day at Ikea, getting hopelessly lost and frustrated (but if you do, winner: cheap meatballs!) Your decision should really be made by your target tenant market rather than your personal tolerance to shopping and flat-pack building. If you are letting a three-bedroom semi to a family, there […]
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Helping other people fall in love with your home isn’t the most romantic concept. Just like the path to hanging a sold sign isn’t quite as straightforward as whitewashing the walls magnolia, stripping every room of personality, and presenting a blank canvas to new families. This may seem logical, but sterile spaces […]
What really is Below Market Value? The term Below Market Value is often misused, particularly by estate agents and developers. They make a property deal, look a lot better by marketing it as Below Market Value. You need to make sure the property you are purchasing is genuinely below market value. This guide is to […]
Yields Explained… We are going to go back to the basics and explain some essential property calculations, and these are, Gross yield, Net yield and Return on Investment. Whether you are new to property investment and are interested in buying for the first time or if you are an established investor, you may not be […]
Leverage is one of those words that you might have heard of, and you possibly have a vague idea of what it means. You might not know precisely what it is or some of the things to consider. So, what is leverage? People talk about leverage and people also talk about gearing and what does […]
Have you ever bought something because it was cheap and then it didn’t last very long or it didn’t really do what it was supposed to? Well, don’t do that when choosing your letting agent. You will naturally be attracted to the opportunity to save a few pounds and who would blame you? With rental […]
When it comes to decorating your investment property, we always recommend painting in light neutral colours (cream or white). Neutral colours are a safe option and will more than likely suit every tenant and their furniture. However, once your tenant has moved in, do you allow them to paint walls, put up pictures or maybe […]
It is not uncommon to hear of tenants subletting their rental property – either a bedroom to make extra money or the whole property for more rent than they are paying. This can cause you, the landlord with big problems. You will not know who is residing in the property and your property could suffer […]
We received a telephone call this week from Brian who is a landlord, and he asked the following question: “I am a landlord, and I think my tenants have just up and left. They have stopped paying the rent, and their mobile numbers no longer work. I am aware that in these circumstances I should […]
Having an Inventory and Schedule of the Condition report is almost as vital as a signed tenancy agreement. Would you let your property without asking for a deposit? The obvious answer is no, however, by not having an inventory, you may as well not collect a deposit. An inventory not only protects you and your […]
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