Letting a property can be a great financial scheme, but there is still so much more to being a landlord than merely collecting the rent.
Whether you are thinking about leasing out your own property, or wanting to enter the buy-to-let (BTL) market; this guide offers some significant advice on becoming a competitive landlord.
This Letting Guide also summaries your vital duties, which would include understanding the most recent health and safety legislation, the corresponding rights of your tenants, and of course, your own legal rights as the landlord.
Once you’ve decided to let a residential property, one of the first inquiries a landlord has to contemplate is whether to appoint a letting agent or go it alone. There are certain advantages and disadvantages of hiring a letting agent that will be further explored in this guide.
Ensuring that the property is neat and in good decorative order is important, as well as making sure that the necessary repairs have been carried out. The better the present condition of the property, the better chances there is to attract high quality tenants.
After all, first impressions are utterly significant and any complications with the property will not instantly go away, in fact, they are likely to get worse. If current problems won’t be fixed as quickly as it should be, you could lose a prospective tenant.
While most tenant to landlord arrangements run effortlessly, occasional disagreements can arise. Common letting disputes usually involve around repairs not being properly carried out, or utilizing the deposit money to cover the property damages when the tenant moves out.
The Landlords’ Guide to Home Letting offers useful advice on dealing with such disputes, and many other issues regarding the matter.
A Complete Landlords Home Letting Guide
To be prepared and ready as a landlord you must be informed with all the knowledge, so at Marble Property Group we have set up a unique landlords home letting guide to give you all the information you need. Each section has been laid out on its own page which you can access below.
Table Of Contents
- Landlords Home Letting guide Intro
- Responsibilities Of A Landlord
- Landlords and Houses In Multiple Occupation
- Letting A Room In Your Own Property
- Contracts With The Tenants
- Pros And Cons Of Hiring A Letting Agent
- Landlord Letting Insurance
- Tenancy Deposit Schemes
- Evicting Tenants
- Difficulties That May Arise With Tenants