What’s more, the right approach can also minimise issues, allowing you to enjoy your free time without worrying about your rental investment.
April sees the launch of two additional deposit scheme options for landlords. This launch will allow landlords a choice of three schemes in total including two custodial schemes instead of just one as was previously the case.
With the new Right to Rent Scheme launched on 1st February 2016, Landlords are now required by law to check any potential immigration status before granting a tenancy. Failure to do so can result in fines of up to £3000.
If you’re a landlord who is managing and / or growing a property portfolio, your rental strategy should not ignore the potential of acquiring property close to rental hubs. Here’s just the tool to help.
When it comes to letting property working with the right agent who understands your strategy can ensure your properties are occupied by reliable trustworthy tenants, rental returns are maximised and disputes and maintenance problems are kept to a minimum.
If you are interested in property as an investment then one route that you might consider is that of HMOs. And, of course, HMOs are very topical, not least because they have recently featured in the Channel 4 show, ‘Britain’s Benefit Tenants’.
Tenants and owner occupiers seek different things when acquiring a home, understanding these differences allows canny landlords to tailor their rental properties to meet tenant requirements. This and other planning strategies can help boost landlord returns.