Help for Landlords

publication date: Mar 22, 2013
 | 
author/source: Kate Faulkner, Property Expert and Author of Which? Property Books
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Help for Landlords

The stats show that rents are pretty static so far in 2013. This is good news for tenants, but for you, your costs are likely to be rising due to inflation, so if you haven’t increased rent for a few years, just check what’s happening locally and if you can put through a small 2-3% rise, this will help you cover your costs better.

From a property investment perspective, buying and letting a property can still make sense as long as you can distinguish between the need to achieve capital growth or generate income. In this new ‘recession’ world we are living in, achieving a mix of both as people did between 1995 and 2005 isn’t easy.

The only way you can guarantee capital growth is by ‘forcing’ it at the time you purchase. This means buying a property at a genuine discount or adding value through an extension or buying a short lease for cash and securing an extension to it.

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For more information and help on buying and letting a property, then sign up to Property Checklists for FREE to download our buy to let checklists:-

For more help on letting a property, buy our Buy to Let Pack or Making Money from Property Pack which include comprehensive A4 ‘how to’ guides, containing Dos and Don’ts, Factsheets, Checklists, Handy Tips and Forms, PLUS access to Kate and her team, by phone and email, for any queries you might have during your buy to let purchase or property project.


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