renting out your property privately Archives

Homeowners ‘tearing their hair out’ over rising rates and rents

Post Author By Evo Plus
Post Date September 12, 2024

During the financial crisis in 2008, Philip Wilson says he became a somewhat reluctant landlord.

The property market had slowed considerably so he decided to rent out, rather than sell, two properties – a flat and a house in North and West Yorkshire.

Now, the upheaval in the mortgage market means he is being forced to push up the rent for his tenants, and is considering whether he will eventually have to sell up.

“I really feel for my tenants,” the 64-year-old says. “One of them is really struggling, she pays her rent in parts when she

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Rent Out Property

Rent freeze Bill passes first stage at Holyrood

Post Author By Evo Plus
Post Date August 26, 2024

Legislation that would temporarily freeze rents and ban evictions in Scotland has passed its first stage in the Scottish Parliament.

MSPs backed the general principles of the Cost of Living (Tenant Protection) (Scotland) Bill by 88 votes to 29 on Tuesday evening.

Stage two amendments will be taken on Wednesday and a final vote will happen on Thursday.

A motion to treat the Bill as emergency legislation was passed by 86 votes to 28 earlier on Tuesday.

The Scottish Tories voiced

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Rent Out Property

NJFOG Examine Finds Systemic Lack of Compliance with the Open Public Conferences Act

Post Author By Evo Plus
Post Date July 5, 2024

FOR IMMEDIATE RELEASE

New Jersey Basis for Open Authorities, March 2021

New Jersey’s native governments, on common, are solely 60 p.c in compliance with the New Jersey Open Public Conferences Act (OPMA), in keeping with a examine launched by the New Jersey Basis for Open Authorities (NJFOG).

The OPMA, handed into regulation in 1975, has remained comparatively unchanged over 45 years. The first function of the OPMA is to conduct authorities conferences in public, maintain a document of public conferences, and to present the general public satisfactory discover.

In what’s the first statewide examine of municipalities, native authorities and boards

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Rent Out Property

Rent Going Up? One Company’s Algorithm Could Be Why.

Post Author By Evo Plus
Post Date October 17, 2022

Some have complained high-paying tech jobs have driven up rents in major tech hubs — creating an exodus that will later drive up rents in other cities.

But ProPublica asks whether there’s another technology at work:

On a summer day last year, a group of real estate tech executives gathered at a conference hall in Nashville to boast about one of their company’s signature products: software that uses a mysterious algorithm to help landlords push the highest possible rents on tenants. “Never before have we seen these numbers,” said Jay Parsons, a vice president of RealPage, as conventiongoers wandered by.

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