RESIDENT LANDLORDS
Resident Landlords
Midas Property specialize in placing individuals or couples by offering accommodation with resident landlords within a, welcoming, comfortable and homely environment, and ensure this transition is a simple, exciting and enjoyable experience. We can provide you with a lodger or boarder within 48 hrs!
Prospective earnings right under your roof !
As a resident Landlord you will be fast-tracked through the whole process, enabling you to earn an extra income within a short space of time within the comfort of your own home.
We charge a one off registration fee of £94.50 This fee will ensure ongoing indefinate membership with us, thereafter we will continue to forward lodgers or boarders to you as and when you require. On acceptance of each lodger or boarder a minimal fee of £63.00 will be charged and only payable on acceptance. Renting out furnished rooms in your home is an excellent way of achieving a main or additional income
What is a resident Landlord
A resident landlord is where the homeowner and the boarder or lodger live in the same building or home and who often shares the family rooms in the house. As a resident landlord you cotinue to have complete control of the property and determine your own terms and conditions and code of conduct in addition to the MPSLB terms of business and code of conduct which as a member you must adhere to. You also determine the charges pertaining to room rental
What is the difference between a Lodger and a Boarder
For the sake of clarity and to eliminate confusion Midas property deem a “lodger” to be someone who occupies part of the premises, but whose occupation/residency is still under the control of the owner. A “boarder” is someone who apart from being a lodger also receives additional services such as meals, laundry services. (The list of possible services is endless) lodgers/boarders are always very much appreciative of the luxury and security of living within a home from home environment, home cooked meals, help with laundry etc are always much appreciated within the package if offered although this is not an essential requirement.
We aim on each and every occasion to source the right person that will fit perfectly and with ease into your home
Resident landlords overall comments pertaining to their experiences
“Becoming a resident landlord is not only a financially rewarding experience but also a genuinely enjoyable one in terms of personal satisfaction” It’s a great experience talking with these scholars, and listening to their ambitions, and outlooks on life, it’s amazing how quickly they become part of the family”, It’s been extremely emotionally rewarding and satisfying; I look forward to my next student!” “Being a widower sharing my large luxurious home with 4 great professionals is just what I needed, I couldn’t have asked for anything more satisfying what a wonderful idea, And they were great company”. “The sheer gratitude of the lodger or boarder is immediately apparent and it’s such a flexible and enjoyable way of earning an extra income.”
As a resident landlord you can receive up to £4250 a year tax free £2150 if letting jointly, regardless of whether a homeowner or renting your home. Any fees paid to Midas Property can be tax refundable dependant on your situation, so you have nothing to loose and everything to gain
Our reputation is of the highest importance to us
In order to register your furnished rooms with us the the following must be borne in mind; Our services are used by the prospective lodger or boarder because they believe and know that we have their interests, needs and requirements at heart which is of the highest priority, we treat the prospective lodger & boarder with the uttermost respect, kindness and consideration. If accepted as a member with us we are entrusting you to do the same
All rooms to be rented out must be appropriately furnished, completed to a high standard, and designed for maximum comfort, the rooms must be clean, well ventilated, and must have working heating facilities. There must be full and free access to hot and cold running water; full access to bathroom, kitchen, laundering facilities
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It is imperative that the price reflects the standard of the room, and the services offered. The landlord must be able to justify this. Everything agreed verbally should also be confirmed in writing with the lodger or boarder
The resident Landlord must be prepared to provide us with, photographs if requested to do so. We will also require a brief description of the property and surrounding geographical area on registration, including a brief about you, to help us determine the right person for you, and of course enabling us to assure the lodger or boarder that you may potentially be the right resident landlord for him or her to reside with. There is a standard format that you can fill in on the registration form
PLEASE USE THE REGISTER DOOR ON THE WEBSITE TO REGISTER WITH US AND ACCEPT OUR TERMS OF BUSINESS
