what does pcm mean uk rent
PCM (Per Calendar Month) is a commonly used term in the UK rental market that refers to the monthly cost of renting a property. It is an important aspect to consider when looking for a rental property, as it can greatly impact your budget and overall living expenses. Understanding what PCM means and how it is calculated is essential for both landlords and tenants to ensure a fair and smooth renting process.
In this article, we will delve deeper into the meaning of PCM in the UK rental market, its calculation, and its significance for both parties involved in a tenancy agreement.
What does PCM mean?
PCM stands for Per Calendar Month, which means the monthly rent for a property. It is different from the term “per month,” which is commonly used in other countries and refers to a period of 30 days. In the UK, a calendar month is defined as a period of time starting from the first day of a month to the last day of the same month. This means that a tenancy agreement starting on the 1st of January would end on the 31st of January, and the rent would be payable monthly on the same day of each subsequent month.
The use of PCM in the UK rental market is a standard practice that is agreed upon by both landlords and tenants. It is a clear and straightforward way to determine the monthly cost of a property, making it easier for tenants to budget and for landlords to calculate their rental income.
How is PCM calculated?
The calculation of PCM depends on several factors, such as the property’s location, size, and amenities. Landlords are free to set their own rent amount, but it must be within the market rate and reasonable for the property’s condition and location. Generally, the higher the demand for rental properties in a specific area, the higher the PCM will be.
To calculate PCM, landlords usually consider the following factors:
1. The property’s market value
The market value of a property is determined by its location, size, and condition. Landlords often conduct market research to determine the average rent for similar properties in the same area to ensure their rent is competitive.
2. The cost of maintenance and repairs
Landlords are responsible for maintaining the property and ensuring it is in good condition for their tenants. The cost of any necessary repairs or maintenance is factored into the rent amount to ensure the landlord can cover these expenses.
3. The cost of utilities
In some cases, utilities such as water, gas, and electricity are included in the rent amount. This is known as an all-inclusive rent, where the tenant pays a fixed amount each month, and the landlord takes care of the utility bills. In other cases, tenants are responsible for their own utility bills, which is reflected in a lower PCM.
4. The cost of services
Some properties, especially in the city center, may offer additional services such as concierge, gym, or parking. These services are factored into the rent amount, making the PCM higher than properties without these amenities.
5. The cost of furnishing
Furnished properties usually come at a higher rent amount than unfurnished ones. This is because the landlord has invested in furniture and appliances for the tenant’s convenience. The higher PCM is meant to cover the cost of these items and their maintenance.
6. The type of tenancy agreement
PCM may also differ depending on the type of tenancy agreement. For example, a short-term let or a lease with a break clause may have a higher PCM than a long-term fixed tenancy agreement.
Why is PCM important for landlords?
For landlords, PCM is an essential aspect of their rental income. It is a fixed and predictable amount that they can rely on each month to cover their expenses, such as mortgage payments, maintenance, and taxes. Setting a fair and competitive PCM is crucial for attracting good tenants and reducing the risk of rental voids.
Landlords must also be aware of the legal implications of setting a PCM that is too high or too low. If the PCM is significantly higher than the market rate, tenants may challenge it through a rent assessment committee, which can result in a reduction of the rent amount. On the other hand, setting a PCM that is too low may result in financial losses for the landlord.
Why is PCM important for tenants?
For tenants, PCM is a crucial aspect of their monthly budget. It allows them to plan their finances and ensure they can afford the rent amount before entering into a tenancy agreement. Tenants must carefully consider the PCM and what it includes to avoid any unexpected expenses.
In addition, tenants must be aware of their rights regarding PCM. Under the UK law, landlords are required to provide a written tenancy agreement that includes the rent amount. The PCM should remain fixed for the duration of the tenancy agreement, unless otherwise stated in the agreement. If the landlord wishes to increase the rent, they must follow the proper procedures, such as providing a written notice within a specified time frame.
Understanding the significance of PCM for both parties involved in a tenancy agreement is crucial for a fair and smooth renting process. Tenants must carefully consider the PCM and its calculation to ensure they are getting a good deal, while landlords must set a fair and competitive rent amount to attract good tenants and cover their expenses.
What is the average PCM in the UK?
The average PCM in the UK varies depending on the location, size, and type of property. According to the latest data from HomeLet, the average PCM for a rental property in the UK is £970. This amount can vary significantly depending on the region, with London having the highest average PCM of £1,572, and the North East having the lowest at £534.
However, it is important to note that the average PCM does not necessarily reflect the rent amount for a specific property. As mentioned earlier, the PCM is determined by various factors, and it is essential to consider these factors when determining the rent for a property.
Tips for negotiating PCM
Tenants who are looking to rent a property may be able to negotiate the PCM with the landlord. Here are some tips to help you negotiate a fair rent amount:
1. Do your research
Before negotiating, do some market research to determine the average rent for similar properties in the same area. This will give you an idea of what is a fair and competitive rent amount.
2. Consider the property’s condition
If the property is in need of repairs or updates, you may be able to negotiate a lower PCM. Make sure to point out any areas that need attention during the negotiation process.
3. Be willing to compromise
Negotiation is all about compromise. Be prepared to meet the landlord halfway and find a rent amount that works for both parties.
4. Highlight your strengths as a tenant
If you have a good credit score, are willing to sign a long-term tenancy agreement, or have good references from previous landlords, make sure to highlight these strengths during the negotiation process. This can work in your favor in convincing the landlord to lower the PCM.
5. Be respectful and professional
Remember to always be respectful and professional during the negotiation process. This will help create a positive relationship with the landlord and increase the chances of reaching a mutual agreement.
Conclusion
In conclusion, PCM is an important term in the UK rental market that refers to the monthly rent amount for a property. It is calculated based on various factors such as the property’s market value, maintenance costs, and amenities. Understanding what PCM means and how it is calculated is crucial for both landlords and tenants to ensure a fair renting process.
Landlords must set a fair and competitive PCM to attract good tenants and cover their expenses, while tenants must carefully consider the PCM and its calculation to ensure they can afford the rent amount. Negotiating the PCM is also an option for tenants, but it is essential to do so professionally and respectfully.
Whether you are a landlord or a tenant, understanding the significance of PCM and its calculation is crucial for a successful tenancy agreement. By considering all the factors involved and following the proper procedures, both parties can reach a mutual agreement and have a positive renting experience.
how to hack into someone snapchat
Snapchat is a popular social media platform that allows users to share photos, videos, and messages with their friends and followers. It has gained immense popularity among teenagers and young adults due to its unique feature of disappearing messages and filters. However, as with any other social media platform, there are always concerns about privacy and security. Many people wonder if it is possible to hack into someone’s Snapchat account and access their personal information. In this article, we will discuss the methods of hacking into someone’s Snapchat account and the measures one can take to protect their account from being hacked.
Before we dive into the techniques of hacking into someone’s Snapchat, it is important to understand the ethical implications of such actions. Hacking into someone’s account without their consent is a violation of their privacy and can have legal consequences. Therefore, it is crucial to use the information provided in this article for educational purposes only and not engage in any illegal activities.
The most common method of hacking into someone’s Snapchat account is through phishing. Phishing is a fraudulent technique that involves tricking the user into providing their login credentials by posing as a legitimate entity. In the case of Snapchat, hackers can send fake emails or messages asking the user to verify their account details or change their password. These messages might contain a link that redirects the user to a fake login page, where they enter their credentials, which are then captured by the hacker.
Another popular method of hacking into someone’s Snapchat is through keylogging. Keylogging is a technique that involves capturing the keystrokes made by the user on their device. This can be done through software or hardware keyloggers. Software keyloggers are malicious programs that can be installed on the victim’s device without their knowledge, whereas hardware keyloggers are physical devices that can be attached to the victim’s device to capture keystrokes.
One of the more advanced methods of hacking into someone’s Snapchat account is by using a brute force attack. A brute force attack is a trial-and-error method used to obtain information such as usernames and passwords. In this method, the hacker uses a software program to attempt different combinations of usernames and passwords until the correct one is found. This method requires a lot of time and resources, but it can be successful if the victim’s password is weak.
Another way to hack into someone’s Snapchat account is through social engineering. Social engineering involves manipulating people into divulging confidential information. In the case of Snapchat, hackers can use this method by impersonating someone the victim knows, such as a friend or family member, and asking for their login credentials. They can also create fake profiles and use them to gather personal information about the victim, which can then be used to access their Snapchat account.
Apart from these methods, there are also third-party apps and websites that claim to hack into someone’s Snapchat account. These apps and websites often require the user to provide their login credentials, promising to reveal information about the person’s Snapchat activity. However, these are usually scams and should be avoided at all costs. Not only do they fail to deliver the promised results, but they also put the user’s personal information at risk.
Now that we have discussed the various methods of hacking into someone’s Snapchat account, it is crucial to understand the measures one can take to protect their account from being hacked. The first step is to create a strong and unique password for your account. Avoid using easily guessable information such as your birthdate or pet’s name as your password. It is also recommended to enable two-factor authentication, which requires the user to enter a code sent to their phone in addition to their password.
Another way to secure your Snapchat account is by being cautious of suspicious messages and emails. If you receive a message or email asking for your login credentials, do not click on any links or provide any information. It is also advisable to regularly check the login activity on your account. Snapchat provides a feature that allows users to view the devices and locations from which their account has been accessed. If you notice any unusual activity, it is essential to change your password immediately and report the incident to Snapchat.
In addition to these measures, it is crucial to keep your device and apps up to date. Software updates often include security patches that can protect your device from potential threats. It is also recommended to avoid using third-party apps and websites that claim to hack into someone’s Snapchat account.
In conclusion, hacking into someone’s Snapchat account is possible, but it requires knowledge and resources. As a responsible user, it is important to understand the ethical implications of such actions and refrain from engaging in any illegal activities. By taking necessary precautions and being cautious of suspicious activities, one can protect their account from being hacked. Snapchat also provides various security features that users can utilize to enhance the security of their account. Remember, your personal information is valuable, and it is essential to safeguard it from potential threats. Stay safe, and happy snapping!