Many of us now own more than one property, the private landlord has been one of the growth areas during the late 20th and early 21st centuries. Impending legislation will make the ownership of investment properties even more attractive. Investing in property does seem attractive and in many cases will provide returns considerably higher than other more conventional forms of investment.
However, being the private landlord is not always all gain, choosing the correct property to invest in and also subsequently arranging your tenancies can be fraught with serious pitfalls that can cause considerable pain on your anticipated gain!
It is important that you take professional advice. From the very outset our valuers can advise you on the types of property in which you should invest. Subsequently, we can advise you on anticipated levels of rental return and then give advice on putting the property on the rental market.
Our services include both managed and unmanaged terms. Many landlords prefer to remain distant from their tenants and to do this we will provide you with a full service that sets up the tenancy initially with credit references, interviews, etc, provides a tenancy agreement, undertakes preletting inspections, inventories, regular inspections during the term of the tenancy and a final inspection when the tenancy terminates. If the landlord is overseas or away we can arrange for repairs, submission of income tax returns, in fact take all the management of the investment away from you.
For those who wish to retain the "hands on" approach, we can offer a let only service that provides the necessary agreements, references, etc prior to the actual implementation of the tenancy.