Thinking about Becoming a Motor Trader?

When you work in the motor trade, whether on a part time or full time basis, it’s your responsibility to ensure you have proper insurance. Working with customer vehicles means you need More »

Is Taxi Driving the Right Job for you?

If you can drive then you may have thought about becoming a taxi driver at one point or another. A lot of people consider driving a taxi at one point or another More »

Everything You Need to Know About Working as a Courier

Working as a courier is a job that holds a good amount of appeal to a lot of people. You have a freedom that you don’t have stuck behind a desk and More »

Insuring Your Business Vehicles the Smart Way  

If you run a business that relies on the use of multiple vehicles then you want to go about insuring them in the right way. Whether you run a taxi firm, haulage More »

5 Great Ways to Save Money

Saving money is one of the most popular new years resolutions that people have. Saving money isn’t that complicated but there are probably some things you’re doing currently that are hindering your More »

Is Letting Property The Right Career Move for You?

Letting property can be an extremely lucrative venture if you go about it in the right way. Due to the unstable economy, a lot of people simply cannot afford to buy a More »

5 Great Careers You Can Do From Home

With the job market being as unpredictable as it is and so many companies having to let employees go, an increasing number of people are now looking for ways that they can More »

Things to Know If You’re Thinking of Becoming a Lorry Driver

Driving a lorry for a living can be a great way to make a living, especially if you’re not the type of person who likes to be stuck behind a desk all More »

Finding Employment When You Have a Conviction

If you have a conviction of any kind then it’s likely been a source of worry when it comes to finding employment opportunities. There’s no double that a conviction can be off-putting More »

5 Great Ways to Save Money

Saving money is one of the most popular new years resolutions that people have. Saving money isn’t that complicated but there are probably some things you’re doing currently that are hindering your ability to save..

With this in mind, below are 5 great ways to save money in 2017.

1. Set specific monthly targets

Setting monthly targets is a very good way to save money. It’s well known that the more specific your goals are, the more likely you are to achieve them. SMART goals have become the standard when it comes to goal setting and using SMART goals is an excellent way to save money in a way that you can track.

2. Get the right car insurance policy

Getting the best car insurance policy you can is a great way to save money. Many people simply go with the first insurance provider they contact but this is not a good idea since you can easily end up overpaying. If you have specialist needs, such as a horse trailer that you need to insure then a good tip is to get cover from a specialist provider. You can get quotes from a panel of specialist horsebox insurance providers at http://www.rwst.org.uk/.

3. Consider a new career

Saving money is much easier when you have more of it. If you’ve been thinking of changing career for a while then this could be the perfect time to make the move and start earning more money. Thanks to the internet, there are now several ways you can make money from home so you’re not only limited to finding employment.

4. Get a pay as you go mobile

Most people get phone contracts to avoid the heavy expensive of buying a phone outright. However if your contract is coming to an end then you can save a significant amount of money by switching to a pay as you go sim. Just make sure your phone is unlocked so you can use any sim card with it.

5. Don’t spend to cheer yourself up

Retail therapy is now more prevalent than ever thanks to internet shopping. It’s very easy to simply spend money on things you don’t really need just to cheer yourself up. This is never a good idea and will make it very hard to save money if you do it on a regular basis. Try to limit your spending to things you actually need and only treat yourself occasionally.

 

 

Is Letting Property The Right Career Move for You?

Letting property can be an extremely lucrative venture if you go about it in the right way. Due to the unstable economy, a lot of people simply cannot afford to buy a house anymore and therefore are choosing to rent instead.

You can take advantage of this by investing in property to let out.

Below are some of the most important practical considerations when letting property

  • Keeping your property occupied – Keeping your property occupied is important for a couple of key reasons. Firstly and most obviously, when your property is occupied you’re receiving a regular return on your investment. Secondly is the fact that unoccupied property is at much greater risk from things such as theft and vandalism; not to mention squatters.
  • Finding the right tenants – Just as important as keeping your property occupied is finding the right tenants. Some of the biggest headaches that landlords have to deal with are due to difficult tenants so you should be as selective as possible. Background and employment checks are a must but you should also use your intuition to discern if a potential tenant is suitable or not.
  • Investing in the right type of property – If you want to succeed as a landlord then investing in the right type of property is crucial. Location is of course extremely important but so are the types of properties you buy. Apartment buildings are always a good choice since they enable you to get rent from multiple tenants from within the same property. If you’re uncertain which type of property to invest in then don’t be afraid to get outside advice.
  • Getting insurance – Getting the right insurance is another key part of letting property successfully. A simple building insurance policy will not cut it when you’re letting out property to the public. You need to protect yourself for other risks such as theft, vandalism, loss of rent and liability claims. If you own specialist property, such as listed or thatched roof property then you’ll need a policy from a specialist provider. You can find quotes online very easily from sites such as Thatched Insure.
  • Day-to-day running of your business – If you’re letting property then you need to think of it as a business and not just an easy way to bring in some extra cash. There are plenty of things you’ll need to deal with, such as the upkeep of your properties and staying on top of problems with tenants should they arise.

5 Great Careers You Can Do From Home

With the job market being as unpredictable as it is and so many companies having to let employees go, an increasing number of people are now looking for ways that they can make money from home.

The good news is that the internet has made it possible to pursue a wide variety of career paths from home so you no longer have to be dependent an an employer for work.

Below are some of the best career paths for working for yourself from home.

1. Freelance writing

Freelance writing is something that many people now make a very good living from. Writing is something that’s constantly in demand. This makes sense when you think about it. The abundance of content online has to be written by somebody and a lot of businesses simply don’t have the time to write their own content, which means there’s a great opportunity to make money from it for those who can write to a good level.

2. Graphic design

Graphic design is another career path you can pursue from home. Graphic design isn’t for everyone however and there are certain skills you should have already, or at least feel you could attain before you pursue such a career. The great thing about graphic design is that there really isn’t a ceiling to how much you can earn. You’re only limited by your only talent and skill set.

3. Freelance artist

Artistic Art Drawing Artist Draw Drew SketchWorking as a freelance artist is another great way to make money from home. It would be useful if you already have a good level of skill and talent for art before pursuing this career though, since it can be very competitive and getting good enough to make money is not something you can do in a matter of weeks or even months. That being said, there’s nothing to stop you making it a long-term goal since, contrary to what a lot of people believe, art is something that anyone can improve at. 

4. Buying & selling online

If you don’t have any marketable skills already but you want to start making money straight away then one of the best ways is by buying and selling online. You can choose to sell through a website such as eBay or through your own website. The advantage to selling on eBay is that you already have a large audience to sell to. However selling on eBay can be very competitive so you need to find the right niche in order to have success.

5. Web design

Web designer is sometimes thought of as a dying career. There are so many options for people who want to create their own website now that it can create the perception that web designer are surplus to requirements. This is not the case however. There is still a great demand for good web designers despite the abundance of services that allow businesses and individuals to create their own website without coding skills.

Protecting your business

If you do work from home then it’s vital that you take every step you can to keep your house safe. This means getting a good home insurance policy and also protecting against the risk of flooding if you live in a high risk area. You can get flood insurance policies online very easily now so there’s no good reason to neglect this.

 

Things to Know If You’re Thinking of Becoming a Lorry Driver

Driving a lorry for a living can be a great way to make a living, especially if you’re not the type of person who likes to be stuck behind a desk all day.

There are certain things you should be aware of if you want to become a lorry drive though.

Below are some of the most important.

It can be very stressful

stress

It might seem obvious but driving a lorry for a living can be very stressful at times. A lot of the time is spend driving on motorways, which is usually the least stressful part of the job since there’s enough room to maneuver but driving in built-up cities, on narrow roads is when it can be a lot more challenging. Because of this you should be the type of person who can deal with such stressful situations well.

You’ll be away from home a lot

As a lorry driver, you can also expect to be away from home a fair amount, especially when driving across the country. Depending on the hours you work, you’ll often need to stay overnight at the various locations you deliver to. This isn’t a problem for everyone but if you have a young family then it might not be the ideal situation.

You’ll need the right cover

Lorries are much larger and more expensive than an average car so you need to get a special type of cover for them. Depending on the company you work for, insurance might not be something you need to take care of yourself but if you do, you’ll want to find out what cover options are available and get a policy that suits your needs.

You can find out more about truck insurance at http://www.multiquotetruck.co.uk/

You’ll need the right training

 

In order to drive a lorry, you need to acquire the Driver Certificate of Professional Competence (CPC) in order to show that you can competently and safely drive such a large vehicle. There are plenty of good training companies out there who you can get your CPC training from.

You’ll need to meet the requirements

Not just anyone can become a lorry driver. You need to meet certain requirements in order to be eligible to drive a truck and do your CPC training. Two of the most basic requirements are that you’re at least 18 years old and have a full UK driver’s licence.

Click here for the full requirements for becoming a lorry driver in the UK. 

 

Finding Employment When You Have a Conviction

If you have a conviction of any kind then it’s likely been a source of worry when it comes to finding employment opportunities.

There’s no double that a conviction can be off-putting to potential employers and without any good advice, getting regular work after a conviction can seem like a lost cause.

Below are some of the most common concerns that people who’ve had a conviction have when it comes to finding employment again.

Do I have to declare my conviction to employers?

One of the first questions that people with a conviction want to know the answer to is whether they need to declare it to employers, insurers etc. The answer to this question is dependent on whether your conviction is spent or unspent. ‘Spent’ and ‘unspent’ are simply terms that are used to determine how long it is until you’re no longer obligated to disclose your conviction. Less serious crimes that come with a fine or community service are spent in 5 years, whereas more serious crimes that come with a jail sentence of 2 and a half years or more are never spent. Click here for more information on spent and unspent convictions and employment law. 

It’s important to point out that even if you’re not obligated to tell an employer that you have a conviction because it’s spent, there’s still a good chance that they will find out about it due to their own background checks.

How do I make myself more employable?

There is no point in sugar-coating things and saying that your conviction will not count against you in the eyes of some employers because it will. However that is not to say that all hope is lost. There are plenty of employers who will be prepared to give you a chance, especially if your conviction wasn’t for anything too serious. Below are some ways you can make yourself more employable –

  • Dress well
  • Acquire useful skills
  • Work on your communication skills

I need to drive for work but can’t get cover

car

A major concern that many people with a conviction have is being able to find car insurance at an affordable price. It’s definitely true that a lot of insurance providers will either not insure convicted drivers at all; or if they do the price of policy will not be affordable. The good news is that there are specialist providers of insurance for convicted drivers who look at every individual’s case in order to offer a fair price for cover.

Conviction Insure is a site where you can get quotes from convicted drivers insurance specialists in order to save money.

Thinking about Becoming a Motor Trader?

When you work in the motor trade, whether on a part time or full time basis, it’s your responsibility to ensure you have proper insurance. Working with customer vehicles means you need to a get a special type of cover known as motor trade insurance.

There are many providers of motor trade insurance so finding a competitive quote won’t be too much of a challenge. Before looking for quotes though, it’s a good idea to have a look through the information in this guide so you can make a fully informed decision.

Types of cover

  • Third party – Third party cover is the minimum level of insurance you need to be able to work on customer vehicles and move them around. It provides basic protection but isn’t always enough for every type of business.
  • Third party, fire and theft – You can make a third party policy safe by adding fire and theft to it. This is very useful for businesses where customer vehicles might be at greater risk.
  • Comprehensive – A comprehensive policy will enable you and your staff to drive customer vehicles and be covered for all types of collisions. This type of insurance is recommended wherever possible.
  • Combined – A combined policy will provide cover for not only vehicles but also your premises, tools, cash and assets. It’s an excellent type of cover for those who work in the motor trade since everything is protected under one easy-to-manage policy.
  • Part time – If you only work in the motor trade on a part time basis then you can get a part time policy to cover you only for the period of time that you’re active.

Requirements for eligibility

Not everyone is eligible to apply for motor trade insurance. In order to meet the minimum requirements you must –

Be at least 21 years of age

Ways to save money

  • Make your premises secure – One of the best ways to save money on motor trade insurance is to make your premises as secure as possible to cut down on the risk of break ins and vandalism. Installing alarms and CCTV cameras is a must and will go a long way to reducing the cost of your policy.
  • Pay annually – Paying annually rather than monthly is another good way to save money on motor trade insurance. When you do pay annually, make sure that your haggle to get the best deal possible from your insurance provider.
  • Increase your excess – This might seem like a somewhat risky way to keep the cost of your premium down but it is effective. By agreeing to pay more in the event that you need to make a claim, you can cut down the upfront costs.
  • Shop around – Getting quotes from different insurance providers is one of the best ways to save money on motor trade insurance. Getting quotes from several insurers will enable you to choose the best policy possible.

Is Taxi Driving the Right Job for you?

If you can drive then you may have thought about becoming a taxi driver at one point or another. A lot of people consider driving a taxi at one point or another but a lot fewer actually look into it seriously.

If you’re currently considering becoming a taxi driver then below are some of the main pros and cons as well as the necessary requirements for becoming licenced in the UK.

Pros

  • Regular work – Once you’re licensed and on the road, finding regular fares isn’t too much of a challenge, especially if you work for a minicab firm. If you do work as a minicab rather than taxi driver then you should know that you cannot pick up fares off the street.
  • Meeting new people – If you’re a people person then taxi driving is a job where you’ll meet new people all the time. The people you meet will be from all walks of life so it’s a great way to expand your horizons and learn more about people generally.
  • You’re not stuck behind a desk – This is a big pro since a lot of jobs in the modern world require you to be sat a desk for 8+ hours a day.

Cons

  • Can be dangerous – One of the biggest downsides of driving a taxi is the potential dangerous. Inebriated passengers can be particularly troublesome and it’s not too uncommon for taxi drivers to be attacked on the job.
  • Non-paying passengers – There are times when every taxi driver has to deal with non-paying passengers and unfortunately there’s not a lot you can do about it at the time. Fortunately, the growing number of taxi apps where the fare is paid in advance, are helping to combat this problem.
  • Stress – There’s no denying that driving a taxi can be very stressful at times, particularly if you’re working in a large built-up city like London. This is part of the job and cannot be avoided so it’s definitely something to think about.
  • Insurance and running costs – Running a taxi can become quite expensive and cut into your earnings significantly. Being on the road all day dramatically increases your chances of being involved in an accident and the fuel costs are predictably high too. Getting a good taxi insurance policy that includes cover for accidents, breakdowns and liability claims is a must.

Requirements

In order to get apply for an operator’s licence to drive a taxi you don’t need any special qualifications, although there are minimum requirements you must meet. These can vary but usually include the following –

  • Have held a full UK driving licence for a minimum of 12 months (3 years in London)
  • You must pass a criminal record check
  • You must pass a medical
  • Be at least 21 years of age (over 18 in some areas)
  • You must past a geographical test
  • You must complete a driving skills assessment
  • You must be a full UK or EU citizen (or have the right to work in the UK)
  • You will need to apply for a private hire or public hire licence

You can find further information from the UK government careers site at https://nationalcareersservice.direct.gov.uk/job-profiles/taxi-driver.

 

Everything You Need to Know About Working as a Courier

Working as a courier is a job that holds a good amount of appeal to a lot of people. You have a freedom that you don’t have stuck behind a desk and as long as you’re prepared to put in a decent amount of hours, then the pay is very respectable.

If you’ve ever considered becoming a courier then you should find the information below very valuable. It covers everything from the skills you need to the pay and working hours. Lastly is a section on courier insurance.

Required skills

Below are some of the skills you must have in order to work as a courier –

  • The ability to drive to a competent level, including the ability to find new addresses
  • A friendly demeanour
  • Good mental and physical health
  • Your own vehicle (ideally a van)
  • A driving licence and good driving record
  • You should ideally enjoy driving and interacting with people

Pay

The pay that you can expect to get as a courier will depend on numerous factors, including the company you work for, the area of the country you live in and your experience in the job.

For full time hours, the salary for a courier is approximately £12,000. This goes up to £20,000 for experienced couriers. As you might expect, working in London as a courier enables you to earn more money, with motorcycle couriers earning up to £23,000 per year.

Working hours

The full time working hours for a courier are much the same as any other job i.e. 30 to 40 hours per week. The good thing about working as a courier is that there are often extra shifts available at the weekend if you want to earn more money.

You also have the option to work freelance as a courier and pick up your own jobs. However for new couriers, it’s usually better to gain some experience working for a company before you go out on your own and start looking for freelance work.

What a day in the life of a courier looks like

Although the job might seem fairly self-explanatory, it’s always useful to know exactly what a typical day looks like as a courier before you make the plunge. Below are some of the basic tasks you’ll carry out every day –

  • Collect packages and delivery addresses from the depot
  • Plan out the best routes and organise the parcels into dropping off order
  • Sign for any packages you pick up and collect signatures from customers when delivering packages
  • Keeping track of paperwork as you go

Insurance

When you work as a courier, you’ll often need to arrange your own insurance (vehicle and goods in transit cover), especially if you’re working freelance and not using a company vehicle.

There are many courier insurance providers who specialise in providing cover for those who work in the industry. A typical courier insurance policy will include protection for collisions as well as the packages you’re transporting and public liability cover. Always be sure to get more than one quote so you can make sure you get a good deal.

Insuring Your Business Vehicles the Smart Way  

If you run a business that relies on the use of multiple vehicles then you want to go about insuring them in the right way. Whether you run a taxi firm, haulage business, courier or any other type of business that makes use of several different vehicles – you’ll need to make sure they are properly insured for all risks.

If you’re currently insuring your vehicles on separate policies then you are missing out on the benefits of insuring them as a fleet. Fleet insurance is specially designed for businesses and individuals that have multiple vehicles that need to be insured.

Whether you have less than a dozen vehicles, or a large fleet – fleet insurance provides some unique benefits that you should be aware of.

The benefits of fleet insurance

  • Save time – One of the big benefits of insuring your vehicles as a fleet is that it helps save a lot of time compared to getting individual quotes. Another great thing about fleet insurance is that you can easily add any new vehicles that come into your possession onto the policy as and when you need.
  • Save money – Saving money is one of the biggest reasons to get a fleet insurance policy. When you insure your vehicles together you can usually save a significant amount of money. Insurance providers will take several factors into account when calculating the cost of a policy, including the number of vehicles being insured, the value of the vehicles and the driving history and experience of the drivers.
  • Insure different types of vehicles – Another significant benefit of fleet insurance is that you’re able to insure different types of vehicles together on the same policy. For example, if you have a mix of cars and vans that need to be insured then this is not a problem.

Keeping costs down

Below are some of the best ways to keep the cost of a multi vehicle insurance policy to a minimum.

  • Make vehicles secure – Making your vehicles secure is always important when you want to keep the cost of insurance down. Securing your vehicles reduces the chance of theft and vandalism and therefore means you’re less likely to make a claim. As a result the price you’re quoted by insurance providers will be significantly lower.
  • Hire selectively – Being selective with the drivers you hire is extremely important when it comes to insurance. Hiring drivers with little experience or poor driving histories will certainly raise the cost of your insurance significantly since it makes claims much more likely. This is why a lot of companies won’t hire drivers under the age of 25.
  • Get multiple quotes – One of the most reliable ways to save money on fleet insurance is to get quotes from several different providers. Getting multiple quotes means you can easily compare them and pick the one that offers the best value for money. With so many insurance comparison services out there, getting fleet insurance quotes is now easier than ever so there’s no excuse not to do this.

Running a Newsagent

Many people like the idea of running their own business but are put off by the barriers to entry, such as having to invest in a premises and employing staff. Not to mention the uncertainty of whether the business will succeed or not. 

Running a newsagent is a very viable way to run your own business however. Providing you get the fundamentals right, you stand a great chance of making it a success.

Below are some of the most important considerations when you’re thinking of running your own newsagent.

Practical considerations

  • Location- Location is extremely important when you run a newsagent. Unlike most other business types, advertising isn’t really effective for newsagents so being in a good location that’s convenient for customers is a must. Just this one thing alone will have a big impact on whether the business is successful or not.
  • Insurance – Having the right insurance is crucial when you run a newsagent. Newsagent insurance doesn’t just cover your building but also contents and cash, liability claims, stock, business interruption and goods in transit. Newsagents can unfortunately be targeted by criminals who view them as an easy target so having a good insurance policy in place is a must.
  • Security – Security is another thing that you need to think about when you run a newsagent. While there’s nothing you can do to eliminate the risk of being targeted by burglars completely, there are steps you can take to make your shop more secure. Installing CCTV and a security alarm will help to keep your business safer for sure.
  • Working hours – One of the most important aspects of running a newsagent is to have regular opening hours that your customers can rely on. You should think about what hours you are prepared to work because it’s not unusual for a newsagent to be open 12 hours a day or more.
  • Competition – When thinking about the location of a newsagent, you should know what competition is close by, whether it’s other newsagents or supermarkets. The amount of nearby competition will certainly affect how successful your business is so this is important information to find out.

 

How to Increase Productivity When You Work From Home

An ever-increasing number of people now work from home. Working from home is a double-edged sword. Yes – you get to make your own hours and have the freedom to take time off when you want.

However the downside is you need to be very self-motivated in order to accomplish your goals. With this is in mind, below are some of the best ways to increase productivity when you work from home.

Eliminate distractions

There’s no doubt that eliminating distractions is one of the key things you need to do in order to do your best work. Distractions can come in many forms when you work from home. One of the biggest is wasting time on the internet rather than getting work done.

There are some excellent apps that will lock your access to the internet for a period of time that you decide. They are an excellent way to help you focus if you find that you can’t trust yourself.

Distractions can also include your TV, radio or even something like a book or magazine.  Because of this you should try to keep your work environment as distraction-free as you possibly can.

Have a separate office for work

One of the best ways to increase productivity when you work from home is to have a separate office for working in. Many people who work from home make the fatal mistake of working in the same room that they sleep in. This is not a good idea.

The environment you work in certainly has an impact on your mindset and if you’re working on a computer in your bedroom then it’s not going to lead to the best work.

Setting up a home office will help you to eliminate distractions, whether it’s in the form a TV, games console or radio. When you create a home office, you can make it solely focused towards productivity and this one step alone will certainly help you to get more done.

Prepare for the worst

When you work from home, you want to know that your home is safe. This means protecting it from potential risks such as burglary, fires, flooding and even damage from subsidence.

Most home insurance policies will protect your home for theft, break ins and fire damage. However if your home is susceptible to subsidence then you’ll need to get a separate subsidence insurance policy. http://www.subsidenceinsure.co.uk/ is an excellent site for getting quotes.

A hands-on approach to teacher training proves a hit in Carlisle

A training scheme in Carlisle for new teachers is providing to be a big success as most of the places on the scheme, which begins in September, have already been claimed.

The Carlisle School Direct primary school programme is a scheme that allows training teachers to get their formal status while also getting practical experience in a school environment. Many new teachers find it quite an adjustment to go straight from university to a real school environment so such a scheme is ideal for those who want to properly prepared for what the job entails.

The scheme ensures that the trainees get to spend at least three days per week at their selected school.

The lead school involved in the School Direct program is Stanwix School. Headteacher of Stanwix, Kuldip McCullen had the following to say about the scheme –

“We’re already nearly full for our next intake because people do start voicing their interest very early, usually before the summer holiday and as soon as they’ve finished their degree.

“Across the primary and secondary school schemes we’ll probably have over 30 starting with us in September.

“A lot of people like to choose the School Direct route rather than doing a PGCE at university because a lot of it is hands on and you have the expertise and support at your school.”

 

 

 

Data analyst tops the list of graduate careers with best prospects

The Independent recently published an article on the student graduates with the best career prospects in 2017. In the digital age, it’s no surprises that the top two careers are data analyst and technical architect. Technical positions such as these are only going to be more in demand in the coming years, as the advancement in technology means that more and more roles are filled by robots.

Image result for plumbing

However more traditional career paths are still in high demand, with plumbing being 3rd on the list. Plumbing has been viewed as a very lucrative career path for a good number of years now and that doesn’t look to set to change anytime soon. Plumbing can often be viewed as a fairly simple job, especially in comparison to the other careers mentioned above. However there is a lot more to it than meets the eye, with communication skills and the ability to understand technical drawings both paramount for pursuing a career in plumbing

Other careers on the list include senior account, HR manager, information security specialist and Java developer.


While recently graduated students might be looking forward to their future career with optimism and enthusiasm, there are plenty of people who have found themselves stuck in jobs that they no longer enjoy. The Guardian published a piece recently that covers the top five signs that you should quit your job. 

Unsurprisingly, one of the main tell-tale signs that your job is unfulfilling is constantly watching the clock. Other things on the list including Sunday night blues and not getting enough recognition for doing your job well.

 

5 Tips For New Landlords

Letting property can be a very profitable venture, however it’s not without its drawbacks.

If you’re completely new to letting property then there are certain things you need to be aware of in order to make it a worthwhile way to make a living.

With this in mind, below are 5 key tips for new landlords.

 

1. Make sure you have the time

time

This is extremely important. Many new landlords underestimate the amount of time that’s required to let a property. Even if you just have one property that you’re letting, you might find that you’re unable to do it while also working another full time job. You should think very carefully before investing in more property unless you’re certain that you can dedicate yourself to it fully and make it a success.

2. Get the right cover

When you own property that you’re leasing to tenants, it’s absolutely vital that you have the right cover in place. Landlord insurance is a must since it will cover you for all the risks associated with letting property, including building insurance, liability claims, rent guarantee and contents cover. You can tailor a landlord insurance policy to meet your exact needs.

3. Try to keep your properties occupied at all times

It can be tempting to set your rent prices high and wait until the perfect tenants come along but there is an inherent risk in this approach. This is because unoccupied property is at much greater risk of being broken into and vanalised as well as attracting squatters. For this reason you should try to keep any property you own occupied whenever possible.

If you do have properties that are unoccupied then you need to get them covered with vacant property insurance. 

4. Be selective with your tenants

One of the best ways to avoid problems as a new landlord is by being as selective as possible with your tenants. It’s never a bad idea to go through an agency, who will do all the necessary checks on any tenants you’re considering. You shouldn’t rely on background checks alone though since they only tell you so much. Always be sure to meet with any potential tenants yourself so you can make a fully informed decision.

5. Make sure you have a proper tenancy agreement in place

tenancy

Being selective with tenants is a great way to avoid problems further down the line but it’s just the first step. Things can go wrong even with good tenants. You also have to make sure that you protect yourself with a proper tenancy agreement.

It’s a very good idea to familiarise yourself with landlord law as much as you can when letting property.