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What to Buy

Every landlord with a portfolio of properties started with one.  That first property is always the hardest decision and can seriously affect your pocket if you get it wrong.  The following pointers should get you started:

1.Know your market

2. Know your finances

3. Know your limitations

4. Know who to ask

5. Know when to say no

Research is the only way to succeed in the rental market, that and experience.  We can offer the experience and working together we can help build a solid investment with you.  We will be happy to discuss the different types of market, advantages and pitfalls of renting, look at how your finances can best be used, discuss your investment aspirations and limitations, suggest where to look for honest answers and how to say to no to those that want to fleece you. 

Be very wary of 'bargain' sales or claimed rental incomes for properties that are for sale.  Check and double check all the paperwork, especially legal paperwork and payment records for any property  that is sold with tenants.  Evicting tenants is a costly mistake as is buying a property with an unrealistic 'rental achieved' tag.

Protecting your Investment

You have found your property and now you need a tenant.  It does not matter if you own a large portfolio of properties or have just a single investment, failed rent payment is a serious and expensive issue for any landlord. Thankfully most tenants are good solid citizens however there are those that are not and there are those that fall on hard times.  Housing legislation is designed to protect tenants from landlords and if your paperwork is not robust it is you that will pay the price.

Key-Lets avoid such costly mistakes by:

1.Vigourous Vetting of Tenants

2. Legal and Rental Protection for Landlords

3. Fully Compliant Legal Paperwork and Contracts

Protecting our Landlords Investment is what sets Key-Lets apart from other letting agents. 

 To find out more phone 01292 289289 / 07773 818389 or Email tim@key-lets.co.uk

 

 

   
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