Landlord and investor knowledge bank
Do you want to become a professional landlord and investor? Here are a selection articles to increase your knowledge!
As a full-time landlord and property professional since 2018 (even though my days as a landlord began in 2008!), I am passionate about investing safely and ensuring that my business is robust enough to withstand the volatilities of market forces and increased regulations and taxes.
I am also an advocate of providing lovely houses to my tenants, and keeping on top of compliance and regulations. Sadly, the property industry is full of 'gurus' who overlook or deliberately neglect the nitty gritty and legal aspects of becoming a landlord.
In this section I share some important and useful articles which I have read over the years, which will help you think like a professional investor and understand the importance of compliance issues when letting properties. Click on the images to read the full articles.
Read about the pros and cons of using an agent, as well as issues to consider when instructing a managing/letting agent
Do you understand what a 'holding deposit' is, and what the rules are? Don't fall foul of these otherwise the consequences can be dire...
How much can you increase the rent? How often? What if my tenant doesn't agree? Read all about it here
Property fraud can cost you hundreds of thousands of ££. How can you protect yourself and your property?
Do you know the difference between Mandatory licensing, additional licensing and selective licensing?
Sadly builders can and do go bust. This can be a nightmare if you are in the middle of a project. Read this to learn about your options
Rents can vary between location and property types. There are valuable resources to show you the market rent for your area...
HMOs are a great way of maximising income, however they are also fraught with increased regulations. Don't get confused between licensing and planning!
One of the most important jobs as a landlord is to carry out annual gas safety checks. Don't forgot to put the expiry date in your diary!
Did you know that landlords are legally required to register with the ICO? Data protection is not just for agents!
Not to be confused with 'holding deposits'! This is the actual deposit paid by the tenant to cover rent arrears and damages...
When it comes to making deductions from a tenant's deposit, you must accept 'fair wear and tear'. What is this mysterious concept?
Many new investors don't understand the difference between home insurance and landlord's insurance. Don't be one of them.
Ignore the media. Landlords/agents play a massive and positive role in this country's economy. This is a superb article from NRLA
Do you have children that will inherit your properties? You may want to employ them from an early age to let them learn the ropes
Many investors use limited companies to purchase properties. There are however a number of company rules and regs to follow...
Can you access your neighbours property without permission? What if their tree is causing you issues? What about fences? Is the neighbour carrying out construction works?