As a buy-to-let landlord in the UK, one of the decisions you will have to make is whether to rent out your property furnished or unfurnished. There are pros and cons to both options, and ultimately, the decision will depend on your specific situation and goals. In this article, we will explore the advantages and disadvantages of renting your property furnished or unfurnished.
Do you intend to rent out your apartment or house? If the answer is yes, then we have some tips for you that will increase its value and appeal. Making your home rental-ready helps you draw in the tenants faster and it maximises your rental income. We have created a top 6 list that will serve as a guideline to help you make the best out of your property and understand what are the priorities that you...
WHAT IS HMO? A HMO is a building, property or flat which is occupied by three or more persons, living as a household, where rent is paid. The most common type of HMO is when three or more unrelated personnel occupy a house, each pay for their own bedroom but share a communal kitchen and bathroom/s. Your property would be classed as HMO if both of the following apply: At least 3 tenants live...
ARE YOU CONSIDERING BECOMING A LANDLORD? Investing in property can be a fantastic way to make the most of the money you have to invest. Renting out a property can provide an ongoing income and provide you with a flexible lifestyle which can be very rewarding. Just like managing your own business, you get to make the decisions on costs, contracts, terms and ultimately have control over who lives...
Once you have found your perfect rental property, it's time to start the application process… Most likely you will be expected to put down some form of advanced payment (a ‘Preliminary Payment’) in order to confirm your ‘offer’ and state your intention to rent the property (subject to contracts and referencing). It is important to know that should you fail your referencing, you might forfeit...