5 Reasons to Embrace Buy to Let in the Wake of Section 24!
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So, you're letting your property? Now is the time. Take advantage of that summer market whilst you still can. What's that you say? Property available in November? Well get marketing. Now. Because whilst there are stragglers around from the busy summer period you will do very well, despite your property being available in what is usually a slow time of the year. How does that work? Simples... August is the busiest month in lettings. This has always been the case. After that there are some stragglers left over in September, snapping up anything that is left. Even properties with move dates far in advance are taken, simply because they can't rely on anything else coming on to the market. You know the student saying "if you leave it to late EVERYTHING will be gone." Not true of course, there will be plenty of greedy landlords with sky high prices, but nobody rents those. Well-priced, well-presented properties let. Beds in sheds do not. Regardless of
DSS discrimination is no longer allowed! What does that mean for you as a landlord? Check out my video here: https://youtu.be/zlbRb6SwPYk As always I'm happy to help you so do reach out via email . I love to help other investors old and new find their way in the myriad of strategies that are available. Are you looking for coaching, mentoring or simply after a sourced deal? Do check out my personal website to choose a package for you!
Another day, another law passed. I'm referring to the Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020’ Basically just like a gas safety certificate it's the requirement of a certificate, this time to ascertain the electrics are safe. Now I don't know about you, but I get the heebiejeebies when a new law like this has been passed. I mean, when was the last time you got electrocuted in your own place? Right, never I'd imagine. I'd wager that most, responsible, landlords like yourselves and me would never dream of letting a place with extension cords dangling over a fish tank. You know, the kind you see on Rogue Landlords on TV and the like... The government however thinks that this happens all the time. Well, it does happen enough to warrant a TV Series, but still, more red tape me thinks. Electrics are perfectly safe aren't they?? If sparks aren't flying then it's all good, right? The Flip side Maybe not... think about