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Landlords
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Whether you are thinking about making your first “buy to let” investment, or you are an experienced portfolio landlord, there is lot that you need to consider when you rent out property. In fact, it can all seem a little overwhelming. But don’t panic, we are here to help.
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In addition to the legal and regulatory obligations placed on landlords who let property in the Private Rented Sector, there are a number of further “best practices” that should be considered to ensure that the property is safe and well managed.
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The key drivers of a successful letting strategy are finding and retaining great tenants. Having to deal with a damaged property or initiating action for breach of lease and repossession can be expensive. Similarly, frequent tenant turnover and increased void periods have a detrimental impact on yields. Here are our top tips to ensure you are successful.