With the rental market in huge demand and house
prices stagnating in the UK, good opportunities have opened
up for potential landlords.
Investors who have plenty of free capital now
have a good chance to grab a bargain by adding a buy
to let property portfolio's to their assets as
a solid financial investment.
However, these buy to let landlords should be very
aware of the risks involved and should choose their
buy-to-let property carefully in terms of location and
realistic rental income per month.
The best advice is to talk to us and seek our
advice on the types of property that tenants want to rent
in their area and how best make a hassle free income
from your investment.
The National Landlords Association
indicated rental income averaged at about 5 percent of
the property’s value in 2010. This figure will vary
depending on the type of property and the location of
the rental property.
One Important factor is to make sure you have proper
insurances in place and to cover a let building. We are
aware of people moving in with partners and keeping their
exsisting insurances in place which certianly would be
invalid for a let property.
Once a property has been bought, the safest way to maintain
a steady income with little or no hassle is
to gain
professional residential property
management from quicklet
who have all the experince needed to help you get a
good return on your property investments.
Don't forget the associated costs alongside the
mortgage such as: maintenance costs (Boiler
checks/maintenence), insurances,and importantly;
inform service providers of the tenants details so that you
don't later end up footing the bill for services like
Council Tax or water rates at a later date.
Landlords letting rooms out in Peterborough should also be
aware of some of the risks involved. It is essential that
you are aware of the true identity the person(s) letting
rooms in your property. Letting references are really
important not so you can see the financials of a person
because everybody has occasional hard times but to see that
they are who they say they are and that they weren't kicked
out of their previous room for theft or violence. \it also
makes catching up with that tenant easy should they cause
problems and dissappear.
Quicklet can supply you with tenants that have pre agreed
to have a check done~ hence taken some of the hassle out of
the job for you.
Our checks are around 70 percent cheaper that that of other
sources. We can do them on your behalf if you have a tenant
in mind.
Rest assured..
.