What makes a good rental property?
When you are looking for your first buy-to-let (BTL) there are certain items that really go a long way to ensuring you have a great rental.
When you are looking for your first buy-to-let (BTL) there are certain items that really go a long way to ensuring you have a great rental.
I’m a massive fan of shared ownership. If you are not yet not he housing ladder in London and would like a leg up then this is the scheme for you.
Calling all Landlords, as of the 1st February 2016 it is now your responsibility, under the Immigration Act 2014, to check that your tenants have the right to rent in the UK.
The remit here was to find a first investment property in London which would be first used for owner occupation and then switched to a buy-to-let mortgage to help fund future investments: Location: Harrow Road, London, W9 Purchase Price: £200,000 + £200 for furniture (25% deposit) Monthly Expenditure: £450 mortgage + £100 service charge Monthly…
Here are some really important updates for tenancies which start after 1st October 2015 – Make sure you know about this and if you are unsure or need more clarity always seek advice from your solicitor.
These are simple steps to ensure everything runs smoothy (fingers crossed)
There is always documentation you need being an investor and an EPC is definitely on that list. AN ENERGY PERFORMANCE CERTIFICATE IS NEEDED WHENEVER A BUILDING IS BUILT, SOLD OR RENTED, commercial or residential.
PLEASE SEE THE UPDATE FOR TENANCIES WHICH STARTED AFTER THE 1ST OCTOBER 2015 It is standard to collect a deposit at the start of a tenancy, it protects you the Landlord from any damages caused as a result of the tenant breaching their lease.
When buying to let, the person you should definitely look for prior to anybody else if a mortgage broker. After all you can’t do anything if you don’t have the funds…
