Buy to Let has become big business in the UK. Some like to vilify landlords, but in truth they provide a valuable service to society in providing rental accommodation to students, young professionals and people relocating, that they otherwise wouldn't have (the alternative is going on a long waiting list for a dwindling supply of council houses).
This book is a comprehensive guide on how to invest and operate in this sector.
The author takes the reader through the entire process from deciding which market to target (eg students, young professionals or company lettings), and how to go about it.
This is quite a dry book - not exactly a “fun” read. However, the level of detail in it makes it a must-read if you are seriously considering going into this business.
He covers pretty much everything, from estimating running costs when the property is occupied and un-occupied, assessing the yield, tenancy agreements, all the health and safety regulations that must be complied with, how to assess tenants (obtaining bank and credit references etc) and the law of tenancy.
If you are seriously thinking of going into the landlord business, I recommend you get this book and read it from cover to cover several times before proceeding.
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